Header-template

HEADLINES

World Bank approves $275 million in development assistance for Zambia

The monies are made accessible by the International Development Association IDA, a World Bank subsidiary. Zambia became the first African country to d

The monies are made accessible by the International Development Association IDA, a World Bank subsidiary. Zambia became the first African country to default on its external debt, which is believed to be $17.3 billion, since the Covid19 pandemic began. Hakainde Hichilemas election to the presidency in 2021 on pledges to root out chronic corruption and resurrect the economy has improved relations with creditors and international donors. Read More..

B2B Tech News | 3 years ago          

MRI Software enters into a $93.4 million deal to acquire the real estate software group PropTech

PropTech Group ASX has agreed to be bought by MRI Software for $93.4 million in cash. The board of directors of the Melbournebased PropTech Group unan

PropTech Group ASX has agreed to be bought by MRI Software for $93.4 million in cash. The board of directors of the Melbournebased PropTech Group unanimously recommends that shareholders accept the acquisition offer of $0.60 per share. More than 60,000 property professionals are said to use PropTechs brands. In the previous year, the business processed more than $179 billion in property sales. MRI Software and PTG have agreed on a plan of action for PropTechs acquisition. Read More..

B2B Tech News | 3 years ago          

Global markets Asian stocks increase on anticipation of a pause in Fed hikes.

Gains in Hong Kong, Australia, and Korea lifted the MSCI AsiaPacific exJapan index up 0.8%. Following dismal economic data, Chinese markets plummeted.

Gains in Hong Kong, Australia, and Korea lifted the MSCI AsiaPacific exJapan index up 0.8%. Following dismal economic data, Chinese markets plummeted. The performance comes after a Friday gain on Wall Street, although bond and currency markets are dampening bets on the Fed changing its tone. According to an official survey released on Monday, Chinas industry activity dipped unexpectedly in October. Investors were particularly concerned by the resignation of the chairman of Beijingbased property developer Longfor Group. The Fed is almost certain to raise rates by 75 basis points on Wednesday, with markets focusing on the Feds outlook message. Read More..

B2B Tech News | 3 years ago          

NICO Raises $12.5M in Oversubscribed Investment Round

The $12.5 million capital offering by NICO Corporation was successful in an oversubscribed round. A significant movement toward minimally invasive sur

The $12.5 million capital offering by NICO Corporation was successful in an oversubscribed round. A significant movement toward minimally invasive surgery is taking place in the companys target markets for neurosurgery. NICO recorded a 25% increase in revenue in 2021, and this years growth is anticipated to be similar. Read More..

B2B Tech News | 3 years ago          

Credit Suisse wants to cut 9,000 jobs and seek new investments worth billions

In a capital round backed by Saudi Arabia, Credit Suisse intends to eliminate 9,000 jobs while raising billions from investors. The announcement comes

In a capital round backed by Saudi Arabia, Credit Suisse intends to eliminate 9,000 jobs while raising billions from investors. The announcement comes after months of rumours on the magnitude of the change under new manager Ulrich Körner. By the end of 2025, a Swiss bank projects that there will be 43,000 fewer employees overall. The new CS First Boston, according to the Swiss bank, would be more global and broader than typical boutique firms while maintaining a more concentrated strategy. Read More..

B2B Tech News | 3 years ago          

SatixFy completes the business combination with Endurance Acquisition Corp.

The previously announced merger between SatixFy Communications Ltd. and Endurance Acquisition Corp. is now complete. Shares and warrants of the combin

The previously announced merger between SatixFy Communications Ltd. and Endurance Acquisition Corp. is now complete. Shares and warrants of the combined business are anticipated to start trading on the NYSE American tomorrow, Friday, October 28, 2022, under the tickers SATX and WSA. Yoav Leibovitch will serve as Executive Chairman, Richard Davis, the CEO of Endurance, will join SatIXFys Board of Directors, and David Ripstein will remain in his position as the companys CEO. Cantor Fitzgerald served as Endurances capital markets advisor during the acquisition. Read More..

B2B Tech News | 3 years ago          

Japans JERA records a $ 751 million loss in the Freeport LNG fire in fiscal 22/23

The largest power plant in Japan presumptively wont receive enough LNG from the American project between October and March. The majority of the loss a

The largest power plant in Japan presumptively wont receive enough LNG from the American project between October and March. The majority of the loss associated with Freeport LNG is higher alternative procurement costs. According to Yoshida, JERA does not anticipate a significant impact on Malaysia LNGs fuel purchase. Early to midNovember will see a return to partial operation for Freeport LNG, with full operation to follow in the first half of 2019. Petronas has declared force majeure on the supply of gas to Malaysia LNG Dua, one of its liquefaction plants. Read More..

B2B Tech News | 3 years ago          

The new VetPlus office in South America extends reach to four continents

VetPlus, a company that provides animal health services, has a new branch in Argentina. With intentions to establish a presence in Brazil, Peru, Colum

VetPlus, a company that provides animal health services, has a new branch in Argentina. With intentions to establish a presence in Brazil, Peru, Columbia, and Chile, as well as four additional South American nations, it is currently aiming for future expansion. The announcement follows the companys announcement of a 27% increase in turnover and a 58% increase in pretax earnings for the fiscal year ending in June 2021. Read More..

B2B Tech News | 3 years ago          



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts


1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   15255   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   12727   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   13089   

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.
   12831   

5.  Approximately 8 billion gadgets connect on the internet every day.
   15924   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!


Where do you go to learn more about whats happening in your industry? Check all that apply.