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The IMF lowers its estimate of 4% growth in the AsiaPacific area for 2022 by 0.9 percentage points. The Washingtonbased lender says there is a signifi

The IMF lowers its estimate of 4% growth in the AsiaPacific area for 2022 by 0.9 percentage points. The Washingtonbased lender says there is a significant danger of debt trouble for a number of nations. High leverage nations may experience financial difficulties as a result of significant depreciations and rising interest rates. The majority of the region is advised by the IMF to pursue fiscal reduction and tightening of monetary policy. Read More..

B2B Tech News | 2 years ago          

Tencent speeds up deals in Europe amid domestic regulatory backlog

More than half of Tencents overall business comes from gaming income. Growth in domestic gaming revenue is being held back by restrictions on underage

More than half of Tencents overall business comes from gaming income. Growth in domestic gaming revenue is being held back by restrictions on underage gaming and slowly approving titles. In 2022, Tencents domestic business had yearoveryear reductions for two straight quarters. In the second quarter of 2022, Tencents foreign gaming division experienced a drop in revenue. The business attributed it to the postpandemic digesting period in the global gaming sector. The $1.43 billion purchase of Leyou Technologies Holdings Ltd. was its greatest recent transaction. Read More..

B2B Tech News | 2 years ago          

Angola dares to look beyond oil

For many years, oil has been the driving force behind Angolas economy. Angolas crude exports account for 95% of total exports. Higher oil prices in 20

For many years, oil has been the driving force behind Angolas economy. Angolas crude exports account for 95% of total exports. Higher oil prices in 2022 have assisted the country in reducing its public debt to 56.5% of GDP this year, down from 79.7% in 2021 and 123.8% in 2020. Kenya, Rwanda, and Tanzania have led the list of nations who have adopted the Africa Continental Free Commerce Agreement AfCFTA to allow trade under the union to begin. Read More..

B2B Tech News | 2 years ago          

Automotive Brake Friction Products Market Report 2022

The North American automobile brake friction products market is predicted to rise from US$ 1,745.62 million in 2021 to US$ 1,981.67 million by 2028, a

The North American automobile brake friction products market is predicted to rise from US$ 1,745.62 million in 2021 to US$ 1,981.67 million by 2028, at a CAGR of 1.8% from 2021 to 2028. The automobile sector is expanding as a result of rising foreign direct investment FDI. As a consequence, demand for commercial vehicles will rise, resulting in increased building activity, which is predicted to benefit the automotive brake friction products market. Vehicle manufacturing is expanding in response to rising demand for comfort and convenience. Read More..

B2B Tech News | 2 years ago          

Everstone Capital Mulling sells $ 314 million of interest in Asian restaurant brands

Everstone Capital, a private equity fund, is allegedly considering selling its $314 million interest in NSElisted Restaurant Brands Asia, the master f

Everstone Capital, a private equity fund, is allegedly considering selling its $314 million interest in NSElisted Restaurant Brands Asia, the master franchisee of Burger King in India and Indonesia. According to the news agency, Everstone Capital owns 40.9% of Restaurant Brands Asia through its investment vehicle QSR Asia Pte Ltd. It is worth noting that the prospective sale comes at a time when consumer spending in India and other Southeast Asian nations has begun to recover following the relaxation of coronavirus restrictions. Restaurant Brands Asia shares were trading slightly down at INR 127.95 on the BSE on Friday, with a market worth of INR 6,310.48 Cr. Read More..

B2B Tech News | 2 years ago          

The new goal completes the

Send to Twitter  to LinkedIn This week, New Aim, an Australian ecommerce powerhouse, completed the transfer of its flagship product Dropshipzone into

Send to Twitter  to LinkedIn This week, New Aim, an Australian ecommerce powerhouse, completed the transfer of its flagship product Dropshipzone into a B2B marketplace, which it claims would result in increased efficiency for clients and an enlarged product portfolio. Unlike many other B2B marketplaces, Dropshipzone sellers may dropship straight from any supplier on the site, Barkle explained. The products general manager, Fung Lam, who cofounded New Aim and is a twotime Australian Young Entrepreneur of the Year winner, said the change to a B2B marketplace was the outcome of interactions with suppliers and retailers that utilised the platform. Read More..

B2B Tech News | 2 years ago          

Indian Rupee ends marginally weaker ahead of U.S. inflation test

The Indian rupee fell marginally versus the dollar on Thursday as investors remained cautious ahead of US inflation data, which is expected to be hot

The Indian rupee fell marginally versus the dollar on Thursday as investors remained cautious ahead of US inflation data, which is expected to be hot and lead the Federal Reserve to deliver a big rate rise. After touching a record low of 82.6825 on Monday, they felt the rupee had likely found its range for the time being. Meanwhile, retail inflation in India increased to a fivemonth high of 7.41% year on year in September, according to statistics released on Wednesday. Read More..

B2B Tech News | 2 years ago          

85% chance South Africa will be greylisted, report says

According to a study commissioned by Business Leadership South Africa, there is an 85% chance that South Africa will be placed on the Financial Action

According to a study commissioned by Business Leadership South Africa, there is an 85% chance that South Africa will be placed on the Financial Action Task Forces FATF grey list. The criminal justice systems structures were undermined throughout the state capture era, which increased the possibility of greylisting. Read More..

B2B Tech News | 2 years ago          



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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