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Even as demand increases, gas prices continue to decline

Last week, the national average cost of a gallon of gasoline decreased by 12 cents to $4.67. Despite a modest increase in demand, the national average

Last week, the national average cost of a gallon of gasoline decreased by 12 cents to $4.67. Despite a modest increase in demand, the national average fell, most likely as a result of Fourth of July vacation travel. Prices of gas dropped throughout the Commonwealth. The typical pump price in Virginia dropped by 14 cents to $4.46. This week, there may be more significant headwinds for crude prices. The AAA TripTik travel planner allows drivers to find the current gas prices along their route. The company is a component of the biggest motoring and leisure travel company in North America Read More..

B2B Tech News | 2 years ago          

The 85 percent decline in the value of the Swedish tech giant Klarna

Klarna said the latest round of funding valued it at $6.7 billion, 85 percent less than a year earlier. Klarna attributed its decline to the worst sto

Klarna said the latest round of funding valued it at $6.7 billion, 85 percent less than a year earlier. Klarna attributed its decline to the worst stock market conditions since World War II. The company had already felt the impact of poor economic conditions on its business, and by the end of May, Klarna had announced 7,000 job cuts. Read More..

B2B Tech News | 2 years ago          

5 things to watch in ASX 200 from Wednesday

The Australian share market looks set to edge lower on Wednesday following a poor night of trade in the U.S. The S&P/ASX 200 Index gave back the major

The Australian share market looks set to edge lower on Wednesday following a poor night of trade in the U.S. The S&P/ASX 200 Index gave back the majority of its intraday gains to finish the day a fraction higher. Investors sold stocks ahead of the release of a major US inflation report. Spot gold price is down 0.5% to US$1,723.2 an ounce. Looming rate hikes are weighing on the haven asset. South32 Ltd announced the sale of four noncore base metals royalties to Anglo Pacific Group for US$185 million. Read More..

B2B Tech News | 2 years ago          

Tema Sinergie creates an aseptic and control partnership

Tema Sinergie has expanded its reach throughout South America. In Colombia, Peru, Ecuador, Panamá, and Honduras, American Farmagrup S.A. has joined f

Tema Sinergie has expanded its reach throughout South America. In Colombia, Peru, Ecuador, Panamá, and Honduras, American Farmagrup S.A. has joined forces with Tema Sinergies Barrier Isolation Technology business segment. The Colombian company can offer glove integrity systems, and aseptic and confinement processes. In accordance with current laws and regulations, the organization also offers a quick and efficient technical service with the ongoing assistance of suppliers. The Colombiabased business continuously strives to grow its commercial endeavors and provide a useful technical service in order to meet the demands of its clients. Read More..

B2B Tech News | 2 years ago          

Morgan Stanley Despite a tumultuous economy, this stock has more than 90% superior potential

The chief U.S. equity strategist at Morgan Stanley, Mike Wilson, sees the strong dollar as a headwind that cannot be avoided, at least not for the for

The chief U.S. equity strategist at Morgan Stanley, Mike Wilson, sees the strong dollar as a headwind that cannot be avoided, at least not for the foreseeable future. To combat it, the Federal Reserve is increasing interest rates and reducing the money supply, but doing so has the immediate result of strengthening the dollar, which will have a detrimental effect on company profitability in international markets. Wilson anticipates that the stock market will continue to tank, particularly when corporate results start to receive negative revisions. In light of this, the stock experts at Morgan Stanley claim that only a small number of people genuinely stand to gain, naming two equities in particular as attractive investment opportunities. Every Bio is a biopharmaceutical business dedicated to creating novel new treatments for retinal illnesses with high. Read More..

B2B Tech News | 2 years ago          

Xpeng, a Chinese EV company, invests $100 million in a robot pony manufacturer

Xpeng Robotics, a bionic robot maker affiliated with Xpeng, just raised $100 million in a Series A round led by IDG Capital. The companys first produc

Xpeng Robotics, a bionic robot maker affiliated with Xpeng, just raised $100 million in a Series A round led by IDG Capital. The companys first product is a quadruped robot that can navigate autonomously and interact with humans. In a 3D teaser revealed last September, the robot is seen nodding and blinking to a kid and riding him around. Xpeng Robotics has secured $3.5 million in funding to expand its R&D and product development and hire toptier talent. Six years into operation company still has not set a delivery date for its robots, though it expects intelligent robots to enter households in the next two years. The project is not something that can be undertaken by a scrappy startup without the backing of a deeppocketed patron. Read More..

B2B Tech News | 2 years ago          

In the African power rental market, Nigeria will drive market growth

The African Power Rental Market was valued at $1,065.2 million in 2021 and is expected to grow at a compound annual growth rate of over 8.0% from 20

The African Power Rental Market was valued at $1,065.2 million in 2021 and is expected to grow at a compound annual growth rate of over 8.0% from 2021 to 2028. The expansion will primarily be driven by low electrification, high population growth, and increasing investments in infrastructure projects. Nigeria is projected to experience the highest growth rate over 10.0 percent, driven by a lack of electricity infrastructure and increasing demand from a rapidly expanding industrial segment. The report on Africa Power Leasing Market is segmented by contract type, fuel, application, power production, and enduser. The oil and gas and mining sectors are expected to continue to dominate the market thanks to rising commodity prices. Some of the companies covered in this report include Aggreko plc., Barloworld, Mantrac, Mikano International Limited, Jubaili Bros, and Generator. Read More..

B2B Tech News | 2 years ago          

Afterpay coCEOs share record $264 million salary, tops list of highestpaid CEOs

Afterpay cofounders Anthony Eisen and Nick Molnar collectively took home a record $264.2 million. The duo cashed in on 1.5 million options at $1 per o

Afterpay cofounders Anthony Eisen and Nick Molnar collectively took home a record $264.2 million. The duo cashed in on 1.5 million options at $1 per option when the share price was at a $90 high. Australias average fulltime wage is expected to be around $94,000 annually in 2021, according to the bureau of statistics. Macquarie Group chief Shemara Wikramanayake remains the highestpaid woman and person of color in a chief executive role in Australia. Given the runaway success of Afterpay, its no surprise as sales of online shopping have increased dramatically during the Covid lockdown. The average fulltime salary in Australia, including overtime and fines, was around $ 94,000 per year in 2021, according to the Australian Bureau of Statistics. 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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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