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Asian stocks decline due to British tax cuts and German inflation

Asian stocks fell again. On Friday, after German inflation soared, Britains prime minister championed a tax cut plan that has unsettled investors and

Asian stocks fell again. On Friday, after German inflation soared, Britains prime minister championed a tax cut plan that has unsettled investors and slowed Chinese factory activity. Wall Streets benchmark S&P 500 index fell 2.1% on Thursday to its lowest level in nearly two years after strong US jobs data boosted expectations for further rate hikes. German inflation accelerated to 10.9% in September as Chancellor Scholz warned of a double whammy for Europes fourth largest economy. S&P 500 on track through September down 8% The Dow Jones fell 1.5%, the Nasdaq 2.8%, and the FTSE 100 1.8%. UKs Truss shrugs off his criticism and defends his tax cut plan despite the IMFs call to reverse course. Read More..

B2B Tech News | 3 years ago          

NIWA 65% of containers destined for Nigeria arrive in Onitsha, Aba

Dr. George Moghalu, the managing director of NIWA, stated that the Southeast is the destination of 65% of the cargo berthing in Nigeria through the La

Dr. George Moghalu, the managing director of NIWA, stated that the Southeast is the destination of 65% of the cargo berthing in Nigeria through the Lagos ports. At a news conference on Wednesday at the State House in Abuja, he announced this. The NIWA also intends to make Lake Chad a navigable inland waterway to other nations in Africa. The head of NIWA expressed concern about the threat of floating debris in important waterways, noting that NIWA spends a fortune each year getting rid of nonbiodegradable waste like plastic and rubber. He also disclosed that the federal government is about to finalize an agreement to secure technology from South Africa for guarding and monitoring the countrys inland waterways. Read More..

B2B Tech News | 3 years ago          

Hotelogix will showcase cloud hospitality solutions at ITB Asia 2022

Hotelogix, a leading provider of enterprise cloud hospitality solutions, has announced its presence at ITB Asia 2022. The company aims to provide full

Hotelogix, a leading provider of enterprise cloud hospitality solutions, has announced its presence at ITB Asia 2022. The company aims to provide fullstack cloud solutions for all types of hospitality establishments hotels and independent groups. Booth B31 includes a hotel PMS, a multiproperty management solution, a web booking engine, and more. Aditya Sanghi, CoFounder and CEO of Hotelogix said Read More..

B2B Tech News | 3 years ago          

In Australia, Crawford will introduce new virtual adjusting technology.

Crawford & Company is set to launch a new claims technology that it believes will take the customer experience to the next level Crawford head of virt

Crawford & Company is set to launch a new claims technology that it believes will take the customer experience to the next level Crawford head of virtual Chris Bennett told the 15th annual AICLA or ANZIIF 2022 Claims Convention in Sydney. The companys smart online platform, which policyholders can access via a smartphone app, turns photos into a comprehensive set of property data including an interactive 3D model with precise roof and roof measurements. the height. Additional time is eliminated as that highly accurate scope of work turns into a work order and builders can then immediately begin scheduling repair work. Read More..

B2B Tech News | 3 years ago          

A new IAEA publication on climate change and nuclear energy highlights Africas potential.

Africas energy demand is growing twice as fast as the global average, driven by a growing urban population. Nearly 600 million people and 10 million s

Africas energy demand is growing twice as fast as the global average, driven by a growing urban population. Nearly 600 million people and 10 million small businesses in Africa lack reliable electricity. In subSaharan Africa, the World Bank reports that nearly 80 percent of businesses are affected by power outages. Several African countries are exploring the possibility of adding nuclear power to their energy mix. The International Energy Agency IEA is supporting 30 nuclear newcomers in Africa and around the world to develop the infrastructure needed for nuclear programs. Ghana has collaborated with the IAEAled Integrated Nuclear Infrastructure Assessment INIR mission since 2017. The Minister of Environment, Science, Technology and Innovation in Africa Kwaku said “Ghana wants to provide the diversity needed to ensure energy security for future requirements. Read More..

B2B Tech News | 3 years ago          

DIF invests in sustainable projects in Australia and Europe

Investment manager Dubai Investment Fund DIF has announced it will invest in five renewable energy projects in Australia and Europe. In Australia, the

Investment manager Dubai Investment Fund DIF has announced it will invest in five renewable energy projects in Australia and Europe. In Australia, the company is investing $320 billion in two community solar plants. In the initial phase, the solar project is expected to generate about 300 MW of power. In Europe, DIF will invest in a wind farm in Germany and a solar plant in Spain, both with a capacity of over 125 MW. The company is also investing in a 100 MW energy storage facility that will operate alongside other wind and solar plants. The latest investment is part of DIFs longterm strategy to support promising and innovative research projects. Read More..

B2B Tech News | 3 years ago          

The global mobile cloud market size is expected to reach USD 202.4 billion by 2028, at a market growth rate of 34.0% CAGR during the forecast period.

As a result of advancements in wireless technology, cloud computing, and multimodal communication, the outlook for the mobile cloud market has changed

As a result of advancements in wireless technology, cloud computing, and multimodal communication, the outlook for the mobile cloud market has changed. Because they increase scalability, availability, and reliability, mobile cloud services are primarily used by business users. Big data, IoT, mobile supercomputing, and artificial intelligence are examples of smart technologies that are changing how businesses use them as a result of the fourth industrial revolution. The mobile cloud market is divided into categories of utilities, healthcare, education, and entertainment. By generating the largest revenue share in 2021, the entertainment segment dominated the mobile cloud market. Cloud services are used by users to store confidential data about their business and personal affairs. Read More..

B2B Tech News | 3 years ago          

Regulating the AI ​​ecosystem in Asia

There is currently no legislation on the primordial AI in Asia. However, several Asian countries have introduced various measures to regulate the deve

There is currently no legislation on the primordial AI in Asia. However, several Asian countries have introduced various measures to regulate the development and applications of the AI. In July 2017, the Chinese cabinet published the new generation artificial intelligence development plan in which the countrys plans can lead worldwide by 2030. In South Korea, the government also has published several initiatives for the development of AI. Asian countries are continuing to regulate AI development and applications. Some countries, such as China and South Korea, have introduced specific laws and regulations. Other countries, such as Japan and Singapore, have supported the development of AI but have not yet enacted any laws or regulations. India takes a mixed approach, with a focus on advancing digital literacy and infrastructure development and supporting AI research and development. Read More..

B2B Tech News | 3 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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