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Blackstone launches data center platform in Asia, starting with India

Blackstone Group has entered the Asian data centre market, with a total capacity of 600 MW planned across two major hyperscale data centres in India.

Blackstone Group has entered the Asian data centre market, with a total capacity of 600 MW planned across two major hyperscale data centres in India. Blackstones Real Estate and Tactical Opportunities funds will own and control Lumina CloudInfra, a data centre platform established by the New Yorkbased investor. Lumina highlights the companys sustained focus on global data infrastructure and commitment to expanding its presence in Asia. Read More..

B2B Tech News | 3 years ago          

Revenue of telecommunications group Iliad stimulated by new subscribers

Iliad, a French telecoms group, reported an 8% increase in likeforlike sales for the third quarter, as subscriber numbers increased in France, Italy,

Iliad, a French telecoms group, reported an 8% increase in likeforlike sales for the third quarter, as subscriber numbers increased in France, Italy, and Poland. In the three months ending September 30, the Group reported consolidated revenue of 2.15 billion euros $2.22 billion, a 12.5% increase over the previous year. We have probably never had such strong business results, but we have also never had such an uncertain macroeconomic environment, says the CEO. Read More..

B2B Tech News | 3 years ago          

Israel allows TotalEnergies, Eni to explore offshore for gas after Lebanon border deal

Israel has inked an initial agreement with TotalEnergies TTEF.PA and Eni ENI.MI to begin searching for natural gas within the context of a historic ma

Israel has inked an initial agreement with TotalEnergies TTEF.PA and Eni ENI.MI to begin searching for natural gas within the context of a historic maritime border accord with Lebanon. Last month, Lebanese and Israeli authorities agreed to a maritime demarcation agreement mediated by the United States, providing some measure of peace between the adversaries. The agreement focused on resolving a dispute over a possible gas deposit in Lebanons offshore Block 9, which extends into Israeli waters. With a 60% stake, TotalEnergies operates Block 9. Read More..

B2B Tech News | 3 years ago          

Binance CEO Says Crypto Industry Needs Clear Regulation

In light of recent developments and participants cutting corners, the CEO of prominent cryptocurrency exchange Binance has asked for new yet stable

In light of recent developments and participants cutting corners, the CEO of prominent cryptocurrency exchange Binance has asked for new yet stable and clear laws for the industry. Were in a new sector, and weve seen things go crazy in the industry in the last week, Changpeng Zhao told a gathering of G20 leaders at a summit in Bali. His remarks come as peers and partners in the crypto business describe plans to deal with the collapse of Sam Bankmanrival Frieds exchange, FTX. Read More..

B2B Tech News | 3 years ago          

The collapse of the FTX crypto exchange is under consideration by the Bahamian authorities

Investigators from the authorities are looking into the collapse of the bitcoin exchange FTX. Following a $6 billion withdrawal by traders in under 72

Investigators from the authorities are looking into the collapse of the bitcoin exchange FTX. Following a $6 billion withdrawal by traders in under 72 hours, FTX filed for bankruptcy on Friday. The Royal Bahamas Police and the Bahamas Securities Commission are investigating any potential criminal wrongdoing. The accounts of FTX, Alameda Research, and its management have been blocked by the cryptocurrency exchange Kraken. Ryne Miller, the U.S. general counsel for FTX, claims that assets are being placed in cold storage. At least $1 billion in customer funds have disappeared as a result of the turmoil at FTX. Read More..

B2B Tech News | 3 years ago          

The multibilliondollar energy derivatives market in Europe is under scrutiny

The financial regulators in Europe are tightening their control over the energy derivative trading that energy companies use to hedge the price of gas

The financial regulators in Europe are tightening their control over the energy derivative trading that energy companies use to hedge the price of gas and electricity. The European Central Bank, which is Europes top financial body, has started an investigation into the market for energy derivatives. The investigation was started when Germanys Uniper, a major energy company, went under. According to Finlands Minister of Economic Affairs, Mika Lintila, this has the makings of a kind of Lehman Brothers of the energy industry. According to ECB President Christine Lagarde, the bank would not provide European energy companies with shortterm credit. Read More..

B2B Tech News | 3 years ago          

EuroCCP devient Cboe Clear Europe

CBOe Clear Europe has replaced EuroCCP as the premier panEuropean clearing house and a division of Cboe Global Markets, Inc. Cboe CBOE. Preferred clea

CBOe Clear Europe has replaced EuroCCP as the premier panEuropean clearing house and a division of Cboe Global Markets, Inc. Cboe CBOE. Preferred clearing, which is employed on venues that do not offer real clearing interoperability, has experienced significant growth for the company. With clearing services provided to 47 trading venues, Cboe Clear Europe is the largest interconnected CCP in Europe. Significant posttrade efficiencies in European equity markets have been driven by the company. Cboe will continue to run as a standalone division of the company, maintaining a distinct management and governance structure. Read More..

B2B Tech News | 3 years ago          

Companies support Made in Australia to ease the pressure on the supply chain

According to new NAB research, one in two business owners would use more Australian suppliers in order to address the nations ongoing supply chain pro

According to new NAB research, one in two business owners would use more Australian suppliers in order to address the nations ongoing supply chain problems. Business owners believe supply issues have subsided in Q3, according to insights from Australias largest business bank. Compared to 31% in Q2, 1 in 4 still cite supply problems as a major problem for their company in the most recent three months. Read More..

B2B Tech News | 3 years ago          



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