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The price of oil could officially rise if the price limits for oil in Russia are not met

Brent futures fell 1.3 percent to $ 105.75 a barrel in September. West Texas Intermediate crude for August delivery fell 1.4 percent to $ 102.64 a bar

Brent futures fell 1.3 percent to $ 105.75 a barrel in September. West Texas Intermediate crude for August delivery fell 1.4 percent to $ 102.64 a barrel. If the proposed cap for Russian crude oil is not accepted, international oil prices could rise by 40% to $ 140 a barrel. Indias imports of Russian crude oil hit a record 950,000 barrels a day in June. Russian oil accounts for onefifth of the worlds thirdlargest total oil imports. Indian refineries bought Brent and Russian oil products and sold them to the Middle East at significant discounts. Read More..

B2B Tech News | 3 years ago          

The Australian pension fund invests in a hydroelectric and pumped electric battery project company

Aware Super, a major institutional investor for pension funds in Australia, has identified a significant strategic opportunity to invest in North Harb

Aware Super, a major institutional investor for pension funds in Australia, has identified a significant strategic opportunity to invest in North Harbour Clean Energy NHCE. The superannuation fund manages around A$155 billion US$104.06 billion of savings for a million customers around the country. NHCE aims to develop, own and operate closedloop pumped hydro energy storage PHES and vanadium redox flow battery VRFB stationary storage projects. Read More..

B2B Tech News | 3 years ago          

A UAEbased company called Thumbay Group intends to open the first hospital ever in the metaverse

The UAE health company, Thumbay Group, has announced that it will launch the worlds first hospital in the Metaverse. Virtual reality and augmented rea

The UAE health company, Thumbay Group, has announced that it will launch the worlds first hospital in the Metaverse. Virtual reality and augmented reality technology will enable remote consultations with doctors. The group is also planning to use facerecognizing cameras and artificial intelligence to help them identify patients. The project aims to make it easier for potential patients to choose the right healthcare provider from any part of the world. The worlds first Metaverseenabled customer service center has been launched by the UAE Ministry of Health and Community Protection MOHAP earlier this year at Arab Health 2022. Read More..

B2B Tech News | 3 years ago          

Young technologists are tasked by Abiru with creating solutions to societal problems

Adetokunbo Abiru has charged young digital technology enthusiasts to develop solutions to a myriad of challenges confronting society. He spoke at the

Adetokunbo Abiru has charged young digital technology enthusiasts to develop solutions to a myriad of challenges confronting society. He spoke at the Gen Z Hackfest, an annual conference that connects youngsters who belong to Generation Z in tech space on a large scale. This good event creates the solution to Africas problems to test its creative and symbolic opportunities in combination with Zechis ambition. Senator Doo Abur created a yacht using his fund, the Tantra Foundation and a well known technology company dedicated to technological, commercial and digital skills related to technological, commercial and digital skills. He said Eniolas story was not entirely different from the inspiring viral story of John Oseni, an eminent member of the GENZ Techies community. Read More..

B2B Tech News | 3 years ago          

Wipro PARI acquires Hochrainer GmbH, based in Germany, for an undisclosed amount

The industrial automation division of Wipro Infrastructure Engineering a Wipro Enterprises subsidiary, Wipro PARI, disclosed on Monday that it has fin

The industrial automation division of Wipro Infrastructure Engineering a Wipro Enterprises subsidiary, Wipro PARI, disclosed on Monday that it has finalised an agreement to acquire Hochrainer GmbH in Freilassing, Germany. A legally binding contract for the purchase of Freilassing by the German company Hochrainer GmbH has been signed by Wipro. The German business, which employs roughly 130 people ,has been in operation since 1973. The transactions financial specifics were kept confidential. Hochrainer noted that the business, which has a large presence in various nonautomotive areas and strategic alliances with top companies in the industry, has established itself as a leading provider of automation technologies and assembly systems for several international automakers. Read More..

B2B Tech News | 3 years ago          

HPE Executive Greenlake is to HPE what AWS is to Amazon

With its version of infrastructure as a service, called GreenLake, Hewlett Packard Enterprise is all in. The hardware supplier wants to provide custom

With its version of infrastructure as a service, called GreenLake, Hewlett Packard Enterprise is all in. The hardware supplier wants to provide customers data centres with as much of a pointandclick, cloudlike experience as it can while still maintaining a more conventional purchase strategy. The importance of GreenLake to HPE is discussed by Omer Asad, vice president and general manager of data infrastructure and SaaS platforms. Since there was a drive to lease its gear several years ago, the shift has been in the works. Read More..

B2B Tech News | 3 years ago          

Email scams are becoming more personal, and even cybersecurity experts fall for them

Con artists are taking the personal approach and scouring the internet for all the details they can find about us. The infamous Prince of Nigeria emai

Con artists are taking the personal approach and scouring the internet for all the details they can find about us. The infamous Prince of Nigeria emails are out of date. LinkedIn is responsible for 52% of global phishing scams. By 2020, six out of ten mediumsized businesses in the UK will be affected by fraud, with an average loss of £ 245,000. Social networks make it easy for scammers to send legitimate emails, known as phishing. It uses uptodate information from LinkedIn and other social media to gain the victim’s trust and convince them to provide valuable information or exchange money. Many companies offer free as well paid services to build a chatbot. Include the Royal Mail chatbot scam, DHL Express, and Facebook Messenger. Read More..

B2B Tech News | 3 years ago          

Natural gas will play a key role in Australia’s energy transition

Australia is an outlier among developed economies in its high reliance on coal for electricity generation. Coal and natural gas account for around 79

Australia is an outlier among developed economies in its high reliance on coal for electricity generation. Coal and natural gas account for around 79 percent of the countrys electricity generation, data from the government shows. Renewable energy from wind, solar, and hydropower provide the remaining 21 percent of Australias electricity supply. Last month, the Australian Energy Market Operator AEMO said in its 30year electricity market roadmap that 60 percent of current coal generation could be phased out by 2050. Read More..

B2B Tech News | 3 years ago          



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