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Vocus Group and Sterlite Tech work together on a project in Australia.

In Western Australia, the digital network integrator established a partnership with Continuity of operations Group for Project Horizon. Sterlite Techn

In Western Australia, the digital network integrator established a partnership with Continuity of operations Group for Project Horizon. Sterlite Technologies STL will supply high strength fiber optic cables for Vocus inter jurisdiction network extension projects as part of the collaboration. The firm reported a net loss of Approximately 20 crore in Q1 FY23, compared to a net profit of Rupees 116 crore in Q1 FY22. Read More..

B2B Tech News | 2 years ago          

The rate of food inflation may be decreasing, but that isnt necessarily good news for food costs just yet.

Im actually optimistic that at least food inflation, which isnt exactly the same thing as food costs, will come down because there have been reasonabl

Im actually optimistic that at least food inflation, which isnt exactly the same thing as food costs, will come down because there have been reasonably good harvests in Canada and a lot of other countries, Reproduction said in an interview with governmentfunded CBC Radio about the cost of living in Canada. The index reached a new record in March, but even after a drop in September, it was still 5.5% higher than a year before. According to a September 27 blog post from the International Food Policy Research Institute, food inflation has eased due to a variety of factors, including slowing global growth, seasonal factors, and a deal brokered by the UN and Turkey to allow grain shipments from Ukraine to be exported from Black Sea ports. American cuisine Read More..

B2B Tech News | 2 years ago          

Veolia North Americas Gum Springs Thermal Treatment Plant

Veolia North America will hold a groundbreaking ceremony for a new stateoftheart thermal treatment plant at Gum Springs near Arkadelphia on Wednesday,

Veolia North America will hold a groundbreaking ceremony for a new stateoftheart thermal treatment plant at Gum Springs near Arkadelphia on Wednesday, Oct. 12. The operation is part of a roughly $600 million investment, according to a news statement issued by the business on Friday Oct. 7. During development, the Gum Springs project is planned to bring more than 125 fulltime union positions to the companys payroll and give possibilities for hundreds of trade contractors. The new plant, when finished in 2024, will be the most sophisticated, ecologically efficient facility of its kind in the United States, according to the news release. Read More..

B2B Tech News | 2 years ago          

Fed Rates to Rise by 75 Basis Points Next Month

Rates are likely to rise by 75 basis points next month, with the European Central Bank ECB matching that and the Bank of England hiking by at least 10

Rates are likely to rise by 75 basis points next month, with the European Central Bank ECB matching that and the Bank of England hiking by at least 100 basis points, according to futures. We are in the middle of the greatest and most coordinated tightening of global monetary policy in more than three decades, said Bruce Kasman, JPMorgans head of economic research, who predicts 75basispoint rises from all three central banks. However, as long as labour markets scream tightness, the Fed will be unresponsive to a hint of inflation deceleration. Oil prices moved upward after Brent rose 11% last week following an agreement by OPEC+ to reduce supplies. Read More..

B2B Tech News | 2 years ago          

Asian Markets Fall on Friday As Expectations of Fed Rate Rises Shattered

Asian markets fell on Friday as expectations that the US will ease up on rate rises were shattered, adding to the pessimism on the regions trading flo

Asian markets fell on Friday as expectations that the US will ease up on rate rises were shattered, adding to the pessimism on the regions trading floors. This happened as Federal Reserve officials continued to hype up more rate hikes ahead of a key US employment data later in the day, while surging crude oil prices fueled fears of extended inflation. The Nikkei 225 index fell 0.71%, or 195.19 points, to 27,116.11, reversing a twoweek high hit on Thursday. WTI oil futures increased 24 cents to $88.69 per barrel after earlier reaching an alltime high of $89.37 per barrel on September 14. Read More..

B2B Tech News | 2 years ago          

Africas AgriTechnological Transformation

Africa is undergoing agricultural transformation, which is drawing an increasing number of investors Nigeria is no longer the continents major oil pro

Africa is undergoing agricultural transformation, which is drawing an increasing number of investors Nigeria is no longer the continents major oil producer and strengthening and promoting the cultural industry as an economic engine. For the past two years, Africas farming startup environment has been thriving. The ACPEU culture initiative Create in Central Africa has now published its third and final call for ideas to assist the sub regions cultural and creative industries CCI. Read More..

B2B Tech News | 2 years ago          

Porsche Becomes Europes Most Valuable Manufacturer

On Thursday, Porsche surpassed erstwhile parent Volkswagen to become Europes most valuable manufacturer, as the price of the sportscar makers freshly

On Thursday, Porsche surpassed erstwhile parent Volkswagen to become Europes most valuable manufacturer, as the price of the sportscar makers freshly listed shares soared. Despite falling below its IPO price on Monday to 81 euros, in line with a wider market decline, Porsche shares climbed to 93 euros $91.95 early on Thursday, giving the supercar brand a market valuation of 85 billion euros. They later fell to 91.04 euros by 1308 GMT, although the companys worth maintained far higher than Volkswagens, which was just under 84 billion euros. Read More..

B2B Tech News | 2 years ago          

Credit Suisse Shares Are Up 4.2 %

It is down roughly 19% year over year. Credit Suisse was a standout on Friday, with its shares rising 4.2% after the Swiss bank announced it will buy

It is down roughly 19% year over year. Credit Suisse was a standout on Friday, with its shares rising 4.2% after the Swiss bank announced it will buy up up to 3 billion Swiss francs of debt, following significant declines in its stock price on false allegations that its survival was in doubt. US stock index futures were down 0.3% after the S&P 500 index fell 1% overnight. All eyes will be on the US inflation report next week, UniCredit analysts wrote in a client note. WTI crude futures were up 0.3% at $88.69 per barrel. Read More..

B2B Tech News | 2 years ago          



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