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The easing of US sanctions on Venezuelan oil is causing a weak supply boost

The ports on the Gulf of Mexico coast of the United States will soon resume shipments that have been suspended for more than three years. After the US

The ports on the Gulf of Mexico coast of the United States will soon resume shipments that have been suspended for more than three years. After the US eased restrictions on Chevrons operations in Venezuela, the first tanker carrying approximately 1 million barrels could set sail as soon as this month. The agreement does not put an end to the two sides talks about the release of political prisoners. The output of Venezuelas dilapidated oil industry has fallen to around 700,000 b/d from a decade ago. Read More..

B2B Tech News | 3 years ago          

Hackers download more customer data from Australias largest health insurer, Medibank

The largest health insurance in Australia, Medibank Private Ltd, claims that more of its stolen medical records have been made public by hackers. The

The largest health insurance in Australia, Medibank Private Ltd, claims that more of its stolen medical records have been made public by hackers. The most recent release comes after gradual uploads that started when Medibank said on November 7 that it would not pay a ransom. The full set of data on millions of customers is now available, according to media reports. Due to an increase in cyberattacks recently, Australia has been struggling. Read More..

B2B Tech News | 3 years ago          

Plantbased food brand Huel adds $24 million to the fire in new funding round

Huel, a UKbased manufacturer of vegan, lactosefree, and soyfree nutritional bars, supplements, and meal replacement shakes, has raised $24 million in

Huel, a UKbased manufacturer of vegan, lactosefree, and soyfree nutritional bars, supplements, and meal replacement shakes, has raised $24 million in a new round of funding. Highland Europe led the round, with Idris Elba, Jonathan Ross, and Grace Beverley also participating. Huel intends to continue product innovation, expand further into retail, and expand internationally. Read More..

B2B Tech News | 3 years ago          

Emerging market investors deposit a Bric and get a Bimchip

In July, I suggested that a targeted strategy of investing in key emerging markets might be appropriate. When it comes to EM equities, most mainstream

In July, I suggested that a targeted strategy of investing in key emerging markets might be appropriate. When it comes to EM equities, most mainstream investors have fled to the hills. Emerging markets as a catchall term, I believe, is becoming obsolete. According to Deluard, the population of the Bimchip countries is slightly more than that of the East Asian bloc Japan, China, Korea, Hong Kong, and Taiwan. All are middleincome economies with more or less democratic institutions and a recent history of market reforms. Read More..

B2B Tech News | 3 years ago          

Dominos raises $165 million to buy out German partner after securing deal for two new Asian territories

Dominos Pizza Enterprises is looking to raise $165 million to buy out its German joint venture partner. A $150 million fully underwritten institutiona

Dominos Pizza Enterprises is looking to raise $165 million to buy out its German joint venture partner. A $150 million fully underwritten institutional offer and a $15 million share purchase plan will be used to raise capital. The price of the institutional offer will be determined by a bookbuild that will take place today. Dominos intends to use a portion of the planned $165 million capital raise to pay down debt, which totaled $635 million as of the end of June this year. The group has over 1,400 stores in Europe, accounting for nearly half of its 3,387 stores worldwide. Read More..

B2B Tech News | 3 years ago          

Elon Musk expects Neuralink brain chip to start human trials in 6 months

In six months, according to Elon Musk, human trials for a brain chip should start. Neuralink is creating brain interfaces that, according to the compa

In six months, according to Elon Musk, human trials for a brain chip should start. Neuralink is creating brain interfaces that, according to the company, may allow paralysed individuals to move once again. The devices first two uses on people will be to restore vision and allow for muscle movement. He changed the events initial date from October 31 to just a few days earlier without providing an explanation. Neuralink has a history of missing internal deadlines, including those for starting human studies with the FDA. Read More..

B2B Tech News | 3 years ago          

Mozambique court begins reading verdict in $2 billion hidden debts case

In a case involving 19 people accused of various crimes for their alleged roles in the disappearance of hundreds of millions of dollars in governmentb

In a case involving 19 people accused of various crimes for their alleged roles in the disappearance of hundreds of millions of dollars in governmentbacked loans, a court in Mozambique began handing down its verdict on Wednesday. The 19 were accused of offences ranging from money laundering to bribery and blackmail in connection with a $2 billion hidden debt scam that wrecked the countrys economy. Among them were former state security officials and the son of an expresident. The defendants, who all appeared in court on Wednesday, have all denied wrongdoing. It would probably take five days to read the 1,388page judgment, according to judge Efigenio Baptista of the Maputo City Court. Read More..

B2B Tech News | 3 years ago          

Citystate Travel per Service Asia Business for One Global

Citystate Travel, headquartered in Singapore, has joined the recently created One Global alliance of travel management businesses and will be the part

Citystate Travel, headquartered in Singapore, has joined the recently created One Global alliance of travel management businesses and will be the partnerships exclusive service provider for Asia, according to One Global. Citystate has a long history of working with both World Travel and Clarity Business Travel, the two TMCs that launched One Global last month as an alternative to TMC networks, serving global demands for customers with a singular technological platform but with market exclusivity for participating TMCs. In recent weeks, Travelpath of Ontario and Big Travel of Stockholm were revealed as the groups inaugural partners. Read More..

B2B Tech News | 3 years ago          



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