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The OECD reduces its global economic outlook for the RussiaUkraine conflict.

The Organization for Economic Cooperation and Development says Russias war in Ukraine will hurt global growth. Chinas zeroCOVID policies, which have f

The Organization for Economic Cooperation and Development says Russias war in Ukraine will hurt global growth. Chinas zeroCOVID policies, which have further scrambled manufacturing supply chains, are also weighing on the economy. The OECD expects the global economy to expand 3% in 2022, down from 4.5% in December. Inflation is forecast at nearly 9% for the OECDs 38 member countries, which includes many European nations. The OECD warns that the economic turmoil will hit the poor the hardest. The war is hurting economic development in European nations . But the OECD also raises the alarm about poor countries farther afield facing food shortages. Chinas pandemicfighting policies have brought economic life to a standstill. Read More..

B2B Tech News | 2 years ago          

Cloud services will be overseen directly by UK financial regulators.

UKs financial watchdog will have powers to make onsite visits to oversee cloud computing firms. Banks have moved some services to outside companies to

UKs financial watchdog will have powers to make onsite visits to oversee cloud computing firms. Banks have moved some services to outside companies to cut costs. Over 65% of UK firms used the same four cloud providers in 2020, the finance ministry said. Amazon, Google and Microsoft provide critical services to financial firms. Read More..

B2B Tech News | 2 years ago          

White Star Capital launches new Asian investment hub with the gap of its Singapore HQ

White Star Capital has doubled down on Asia with the opening of a new office and expansion of its team based in Singapore. The move is bolstered by fi

White Star Capital has doubled down on Asia with the opening of a new office and expansion of its team based in Singapore. The move is bolstered by findings from a new report published by the firm that reveal the state of the venture capital VC landscape in South East Asia. Read More..

B2B Tech News | 2 years ago          

Warner Bros. Discovery Sets India, Korea and SEA Leadership Team Under Clement Schwebig

For India, Southeast Asia, and Korea, Clement Schwebig will serve as president and managing director. General Manager Korea has been named Jeeyoung Le

For India, Southeast Asia, and Korea, Clement Schwebig will serve as president and managing director. General Manager Korea has been named Jeeyoung Lee. For Southeast Asia, Shonali Bedi will be in charge of affiliate distribution and digital collaborations. After a transition period, Yasmin Zahid, a threeyear veteran of HBO/WarnerMedia affiliate distribution in the region, is stepping down. Schwebig repeated Warner Bros. Discoverys content strategy, which includes programming, original creation, and acquisition. I am extremely excited about the talent we have and the opportunities that lie ahead — from our streaming services HBO Go in Southeast Asia and discovery+ in India, to the growth potential of the Kids space in India, our growing unscripted content output in Korea, and what promises to be some of the biggest events in the industry, he added. Read More..

B2B Tech News | 2 years ago          

A Indonesian stock market is expected to face resistance at 7,200 points.

The Jakarta Composite Index now rests just above the 7,190point plateau although the rally may stall on Thursday. Among the actives, Bank Danamon Indo

The Jakarta Composite Index now rests just above the 7,190point plateau although the rally may stall on Thursday. Among the actives, Bank Danamon Indonesia plunged 3.44 %, while Bank CIMB Niaga dropped 0.94 %. Bank Negara Indonesia collected 1.12 %, Bank Central Asia soared 3.05 %. The weakness on Wall Street followed lower global growth forecasts by the World Bank and the Organization for Economic Cooperation and Development weighed as well. Read More..

B2B Tech News | 2 years ago          

As oil remains above $120, Asian stocks fall and the yen drops.

Japans Nikkei share index edged up 0.1% to 28,278.45. Fuel costs hovered over $120 a barrel, adding to worth pressures. Its progressing to be a chroni

Japans Nikkei share index edged up 0.1% to 28,278.45. Fuel costs hovered over $120 a barrel, adding to worth pressures. Its progressing to be a chronic time till inflation numbers look wise, says Invest world planner. The Fed is wide expected to boost interest rates next week. Yellen same she expects inflation to stay elevated and transportation that down is additionally a main priority. Read More..

B2B Tech News | 2 years ago          

As Chinas May trade data beat expectations, AsiaPacific stocks trade mixed.

AsiaPacific stocks were largely lower in Th trade, with land Chinese markets falling despite the discharge of betterthanexpected might trade

AsiaPacific stocks were largely lower in Th trade, with land Chinese markets falling despite the discharge of betterthanexpected might trade knowledge. Chinese stocks fell despite betterthanexpected might trade knowledge. Hong Kongs droop Seng index shed around 0.9%, as of its final hour of commerce. In AsiaPacific, the central banks of Australia and Asian nation each declared rate hikes earlier on. Read More..

B2B Tech News | 2 years ago          

Tokio Marine North America Services TMNAS Announces a New Collaboration With Akur8 to Improve Pricing

Tokio Marine North America Services TMNAS is a component of the capital of Japan Marine cluster. TMNAS are able to convert knowledge into underwriting

Tokio Marine North America Services TMNAS is a component of the capital of Japan Marine cluster. TMNAS are able to convert knowledge into underwriting action due to Akur8s clear Machine Learning ML technology. As a shared services company, TMNAS has to be able to translate prognosticative data into helpful measures. Read More..

B2B Tech News | 2 years ago          



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