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Coalition amendments to allow renewable energy companies to fund fossil fuel projects to be phased out

The Australian Renewable Energy Agency Arena will no longer be able to finance some fossil fuel developments. The change comes as negotiations continu

The Australian Renewable Energy Agency Arena will no longer be able to finance some fossil fuel developments. The change comes as negotiations continue on a bill that would reduce greenhouse gas emissions by 43% by 2030. Greens leader Adam Bandt said he was disappointed that Anthony Albanian News Corp. said the ban on new Australian coal and gas mines would increase global emissions. The Australian government has changed the mandate of its renewable energy agency, Arena, to avoid funding new coal and gas projects. It is the third time that the coalition has tried to change Arenas mandate the two previous attempts have been blocked in the Senate. Bandt said the prime minister used the same procoal talking points as his predecessor Scott Morrison. Read More..

B2B Tech News | 3 years ago          

US Sues Former Coinbase Executive in First Cryptocurrency Insider Trading Case

Cryptocurrency exchange product manager Ishan Wahi and his brother Nikhil Wahi were arrested in Seattle on Thursday. He and his third accused friend,

Cryptocurrency exchange product manager Ishan Wahi and his brother Nikhil Wahi were arrested in Seattle on Thursday. He and his third accused friend, Samir Ramani, face civil action from the US Securities and Exchange Commission SEC. According to prosecutors, Ishan Wahi shared confidential information about upcoming announcements of new crypto assets to be traded on his exchange. Nikhil Wahi, 26, and Ramani, 33, used Ethereum blockchain wallets to purchase assets and made at least 14 transactions between June 2021 and April 2022, for Coinbases illgotten gains announcement, earning at least 1.5 million dollars. Read More..

B2B Tech News | 3 years ago          

Russia plans to acquire 76 Su57 stealth fighters by 2028. Run in Upgrade Comm Suite for improved performance

Russian state media TASS reported on the next test on July 21, referring to the Ruselectronics group of the stateowned technology company Rostec. Acc

Russian state media TASS reported on the next test on July 21, referring to the Ruselectronics group of the stateowned technology company Rostec. According to the report, the Russian Air Force will have 22 Su57s by the end of 2024 and 76 by 2028. Fewer than 20 of them are estimated to be in operation, and only about 12 are in operation. The Sukhoi Su57 is a fifthgeneration Russian multirole fighter aircraft capable of destroying air, ground, and naval targets. The aircraft can reach supersonic cruise speeds and is equipped with the most modern radio electronics. It combines the capabilities of a jet fighter and attack aircraft and has an integrated wingfuselage. Read More..

B2B Tech News | 3 years ago          

The British Tempest fighter project remains uncertain about its European rivals

Tempest did a great job at their previous event in Farnborough in 2018. The consortium hopes to develop a revolutionary fighter jet that can be connec

Tempest did a great job at their previous event in Farnborough in 2018. The consortium hopes to develop a revolutionary fighter jet that can be connected to drones and other military assets through a battle cloud. After Russias invasion of Ukraine, the concept of competing for FCAS in Europe faded as countries built up their armed forces. Europes Future Combat Air Systems FCAS project, supported primarily by France and Germany, has suffered a setback over the past year. Berlin, Paris, and Madrid launched FCAS for the first time in the summer of 2017 and aim to develop their own fighter jets by 2040. The total bill is anticipated to be 100 billion euros, which is too expensive to be funded by a single country. Read More..

B2B Tech News | 3 years ago          

Indian tech companies meet with lawmakers. Gaming investors are eyeing the status quo on GST

The founders and CEOs of several Indian internet companies, including Flipkart, Ola, Zomato, Swiggy, Makemytrip, and others, met with a parliamentary

The founders and CEOs of several Indian internet companies, including Flipkart, Ola, Zomato, Swiggy, Makemytrip, and others, met with a parliamentary panel on Thursday to discuss anticompetitive practices by bigtech companies. The Committee on Finance is planning a similar meeting with global tech companies for the following week. Startups have long complained about Googles inapp purchase billing policy, which requires platforms to pay a 30 percent fee to Google. Top executives, startup founders, and CEOs of Indian internet companies such as Flipkart, Paytm, Oyo Hotels & Homes, Ola, Zomato, Swiggy, Makemytrip, and others met with a powerful parliamentary panel on Thursday to discuss anticompetitive practices by bigtech companies, which was presided over by former BJP state minister of finance Jayant Sinha. Read More..

B2B Tech News | 3 years ago          

Kia announced global Q2 results and expects the chip shortage crisis to ease

The second quarter of 2022 business results for Kia Corporation was released on Friday. Operating profit increased by about 50%. Kia noted that it had

The second quarter of 2022 business results for Kia Corporation was released on Friday. Operating profit increased by about 50%. Kia noted that it had sold 733,749 units worldwide between April and June of this year. Despite lower sales both domestically and internationally than in the first quarter of 2021, the company should benefit from the increase in net profit of 40.1%. Read More..

B2B Tech News | 3 years ago          

5 digital currencies with low transaction fees

Cryptocurrencies such as Bitcoin and ETH are notorious for their exorbitant transaction fees, especially when the network is busy. These high fees, co

Cryptocurrencies such as Bitcoin and ETH are notorious for their exorbitant transaction fees, especially when the network is busy. These high fees, coupled with their unpredictable nature, can pose a real problem for traders. Fortunately, there are plenty of other cryptocurrencies that offer much cheaper transaction fees. Here are 5 such rooms to explore. Tron is an opensource blockchain network designed for entertainment and content creation. Processing times are a bit slow as each transaction takes an average of 2 minutes. The network also launched its stablecoin, USDD, which quickly rose to 9th place in terms of market capitalization. Read More..

B2B Tech News | 3 years ago          

As lenders increase, so does the Australian market

The Australian S & P / ASX200 benchmark rose 0.52% to 6,794.28. The broader All Ordinaries Index added 43.18 points r 0.62% to 7,018.40. Australian an

The Australian S & P / ASX200 benchmark rose 0.52% to 6,794.28. The broader All Ordinaries Index added 43.18 points r 0.62% to 7,018.40. Australian and New Zealand banks led the group after announcing the purchase of Suncorps banking arm for AU $ 4.9 billion. Shares of Woodside Energy fell 4.4% after cutting the manufacturing outlook for the year. Santos shares fell 1.9% after the company cut the top of its lead. ANZ rose 2.2%, while Commonwealth Bank of Australia and Westpac Banking Corp gained 1.7% and 1.5% respectively. Read More..

B2B Tech News | 3 years ago          



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