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3M faces higher costs after a $ 581 million cleaning contract in Belgium

3M has reached an agreement with the Flemish government to clean up and pollute around the Antwerp factory. Belgian authorities say the agreement does

3M has reached an agreement with the Flemish government to clean up and pollute around the Antwerp factory. Belgian authorities say the agreement does not limit future liability for damage to residents. 3M says it will receive a $ 360 million pretax settlement for PFAS in the second quarter of 2022. The employee said the contract remains open to 3M’s sewerage and soil degradation obligations. 3M will pay € 100 million directly to the Flemish government for costs related to PFAS. This will help fund the Antwerp Ring Road government’s € 4.5 billion projects. A lawyer says the compromise does not preclude civil lawsuits against 3M. Shares of 3M rose less than 1 percent in New York business on Wednesday. Read More..

B2B Tech News | 2 years ago          

TITAN Objects a bright star, mira wakes up , and comet Panstarrs shines

Titans atmosphere makes this an intriguing event. During a lunar occultation, a star disappears in a split second behind the advancing limb of the

Titans atmosphere makes this an intriguing event. During a lunar occultation, a star disappears in a split second behind the advancing limb of the Moon. Titan has no such hard edge its nitrogenrich air extends some 600 kilometers 370 miles high. Mira, a red giant star and the first pulsatile variable discovered, will peak in brightness in midJuly. Observers are encouraged to provide their data to the Lucky Star Occultation Portal. All observations of variations in Miras light will aid in the mapping of Titans atmosphere. Read More..

B2B Tech News | 2 years ago          

The Xbox X Series is now more expensive in India, while the S Series is available with a discount

The Xbox Series X from Microsoft is now more expensive in India. The price of the console has increased by 6% from its initial launch price of Rs. 49

The Xbox Series X from Microsoft is now more expensive in India. The price of the console has increased by 6% from its initial launch price of Rs. 49,990 to Rs. 52,990. The Indian rupees value has decreased by more than 6.5%. The Xbox Series S is currently available for purchase on Amazon and a few other platforms for Rs. 31,399. This price is less costly than the consoles initial launch price of Rs 34,990. Read More..

B2B Tech News | 2 years ago          

China’s lethal birth rate and weak consumer spending have caused online baby and maternity seller Mia.com to shrink

In response to weak consumer spending and a population crisis in China, Mia.com will discontinue its primary app as of September 10. The business will

In response to weak consumer spending and a population crisis in China, Mia.com will discontinue its primary app as of September 10. The business will keep operating its mini program on WeChat, the popular app owned by Tencent Holdings. Mia.coms business has grown over the last ten years as a result of the increased demand for imported baby and mom products. An inquiry for comment on Mia.com on Wednesday did not receive an immediate response. The South China Morning Post is owned by Alibaba. Read More..

B2B Tech News | 2 years ago          

MPesa introduces loans with no interest for purchasing goods

Safaricom has launched an interestfree loan service that allows millions of customers to buy goods worth up to 100,000 shillings and pay later. Far

Safaricom has launched an interestfree loan service that allows millions of customers to buy goods worth up to 100,000 shillings and pay later. Faraja is similar to the Lipa Later service currently available in the market, this time, buyers choose items from a shortlist of merchants without having to pay in installments. Safaricoms till and paybill service has risen to take an 85.8% market share of noncash payments for ordinary goods and services. In the year to March, Sh1.4 trillion was disbursed through the LipanaMPesa platform. Fraja is a product of Edomx Ltd, a financial technology company from Kenya. Read More..

B2B Tech News | 2 years ago          

The EU is adding gas and nuclear energy to the green finance taxonomy, reversing the previous vote

The European Parliament has decided to temporarily add natural gas and nuclear energy to the classification of green energy technologies. The move cou

The European Parliament has decided to temporarily add natural gas and nuclear energy to the classification of green energy technologies. The move could generate billions of euros in green investment in both technologies. The legal charity ClientEarth has threatened to take legal action immediately. Austria and Luxembourg are also threatening legal battles over the latest classification rules. The final regulation allows for provisional approval for gasfired power plants that replace coal and do not produce more than 270 grams of carbon dioxide per kilowatthour. Power plant owners must obtain building permits by 2030 and plan to switch to renewable or lowcarbon gas by the end of 2035. Read More..

B2B Tech News | 2 years ago          

Amazon invests in Grubhub and gives Prime members benefits for food delivery

Amazon agreed on Wednesday to acquire a stake in Grubhub as part of a deal it also offers members of its Prime membership. The partnership gives Amazo

Amazon agreed on Wednesday to acquire a stake in Grubhub as part of a deal it also offers members of its Prime membership. The partnership gives Amazon the option to take a 2% stake in Grubhub, the U.S. subsidiary of Just Eat Takeaway. Amazon will be able to increase its total stake to 15%, depending on performance factors. The deal also gives Prime members a oneyear membership to the food delivery service. Prime members will be able to skip delivery fees on some orders from the companys grocerydelivery service. The tieup comes as Just Eat is exploring a possible sale of its food delivery business. Read More..

B2B Tech News | 2 years ago          

Kenya seizes Sh6.2 billion associated with the Nigerian startup Flutterwave

A Kenyan High Court has frozen more than Sh6.2 billion spread in 62 bank accounts belonging to Nigerian startup Flutterwave and four Kenyans. The bill

A Kenyan High Court has frozen more than Sh6.2 billion spread in 62 bank accounts belonging to Nigerian startup Flutterwave and four Kenyans. The billions feared that they will the proceeds of card fraud and money laundering. Accounts include GTB, Equity, EcoBank, KCB, and Cooperative Bank. The court heard that Flutterwave received 12.4 billion kroner in a single account at Equity Bank between November 2020 and this year, representing billions overseas managed by the startup. Rem X Ltd is at the center of a separate moneylaundering suit, which saw the court freeze Sh5.6 billion in accounts. Read More..

B2B Tech News | 2 years ago          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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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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