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Many Canadian companies find it difficult to find workers

According to a new survey by the Bank of Canada, 42 percent of Canadian companies report unemployment. Devinder Chowdhury, an owner of the luxury Aria

According to a new survey by the Bank of Canada, 42 percent of Canadian companies report unemployment. Devinder Chowdhury, an owner of the luxury Ariana restaurant in Ottawa, says half of the tables are empty due to a lack of staff. Statistics Canada shows that the food and hospitality industries were hardest hit by the shortage. Businesses are expected to raise wages by an average of 5.8 percent next year to attract workers. That means half of the tables are empty due to employment problems the new economic reality for many Canadian business owners. Read More..

B2B Tech News | 3 years ago          

More than half of new car buyers are interested in electric vehicles

More than half of potential car buyers are considering the purchase of an electric vehicle, according to research from Roland Berger. However, this is

More than half of potential car buyers are considering the purchase of an electric vehicle, according to research from Roland Berger. However, this is still proving slow to translate into demand, with fewer than oneinten global customers ultimately plumping for an electric option. Around 69% of one poll said they would expect to merely refer to cars when speaking about electric vehicles in 10 years. Norway is far and away from the biggest market for EVs on this basis, with sold units rising from 61.8% of the nations car market in 2020 to 76.4% in 2022. Meanwhile, Brazil, India, Thailand, Russia, Indonesia, and Saudi Arabia all saw EV sales languishing at beneath 1%. However, with more room for growth, each of the EV markets will explode in the coming months. Read More..

B2B Tech News | 3 years ago          

Peter Schiffs Bank Closure Increases Bitcoins Financial Freedom

Peter Schiffs bank in Puerto Rico was shut down by regulators for not maintaining the net minimum capital requirements. The episode reignited the disc

Peter Schiffs bank in Puerto Rico was shut down by regulators for not maintaining the net minimum capital requirements. The episode reignited the discussions around Bitcoins resistance to judicial supremacy. On the other end of the spectrum, Puerto Rico became the fourth jurisdiction in America to award a money transmitter license to Binance. As a witness to what many consider an epic plot twist, the crypto community took the opportunity to explain the importance of Bitcoin in reinventing the core of traditional finance. Read More..

B2B Tech News | 3 years ago          

Inflation in South Korea has reached a 24year high due to rising energy prices

According to Statistics Korea, consumer prices increased by 6% from a year ago in the past month, picking up speed from a 5.4% increase in May. It mar

According to Statistics Korea, consumer prices increased by 6% from a year ago in the past month, picking up speed from a 5.4% increase in May. It marked the highest inflation rate since a 6.8% increase in November 1998, when South Korea was grappling with the Asian financial crisis that spanned 1997–98. The Finance Ministry sharply increased its 2022 inflation outlook to a 14year high of 4.7% in June while sharply lowering its projection for economic growth to 2.6%. Growing inflationary pressure has increased the likelihood that the Bank of Korea will raise its policy rate again this month. Read More..

B2B Tech News | 3 years ago          

Vodacom invests over R460m to speed up connectivity in Limpopo

Vodacom Limpopo Region has invested more than R 460 million in the network to expand coverage and meet online access needs. 58 new base station sites

Vodacom Limpopo Region has invested more than R 460 million in the network to expand coverage and meet online access needs. 58 new base station sites were deployed, including 17 in deep rural areas, bringing the regions 3G population coverage to 99.7%, while 4G stands at 94.3%. Vodacom Limpopo has expanded its customer base by 19% in the past year. More than 3 million customers in the region can take advantage of the lifechanging opportunities of digital technology, from essential services to employment and education. To help SME customers overcome the economic challenges of the pandemic, they provide financial support through amortized payment plans. Vodacom Limpopo partnered with the provincial government to provide 25 laptops to social workers to collect and charge local grant recipients and to donate 50 tablets to the Ministry of Health. Read More..

B2B Tech News | 3 years ago          

The Foreign Minister stated Samsung will invest $ 500 million in Mexico

Mexican Foreign Minister Marcelo Ebrard said Monday that Samsung Electronics will invest $ 500 million in Mexico to increase the production of home ap

Mexican Foreign Minister Marcelo Ebrard said Monday that Samsung Electronics will invest $ 500 million in Mexico to increase the production of home appliances. Ebrard said on Twitter that the investment will be made in the border city of Tijuana and Queretaro in central Mexico. He said he met with the head of the company, Han Junghee. Read More..

B2B Tech News | 3 years ago          

The First 5GEnabled Smart Metal Mine in Southern Africa Will Be Powered by MTN and Huawei

In a recent announcement, Nkwe Platinum and South Africa Zijin Platinum announced they have partnered with Huawei and MTN to build South Africas first

In a recent announcement, Nkwe Platinum and South Africa Zijin Platinum announced they have partnered with Huawei and MTN to build South Africas first 5Genabled smart metal mine. The Zijin Mining Group is one of the few multinational mining companies in the world to be equipped with autonomous system technology and engineering management capabilities. The collaboration with MTN and Huawei will help the group build its first hightech and safe overseas smart mine, brimming with socioeconomic value. MTN Business has partnered with Chinas Zijin Mining giant, Huawei, to open Southern Africas first 5G metal smart mine. The partnership will help the mining industry build safe and smart mining projects through the capabilities of 5GtoB. MTN invested over R50 billion in modernizing its network for the past five years. Read More..

B2B Tech News | 3 years ago          

Singapore lender cryptocurrency stops withdrawing from fund

A string of failures in recent months, including those of the supposedly stablecoin TerraUSD, Celsius Network, a sizable USbased lender, and Singapore

A string of failures in recent months, including those of the supposedly stablecoin TerraUSD, Celsius Network, a sizable USbased lender, and Singaporebased hedge fund Three Arrows Capital, have shaken the cryptocurrency industry. According to Vauld CEO Darshan Bathija, the company is dealing with financial challenges as a result of volatile market conditions, the financial difficulties of our key business partners that inevitably affect us, and the current market climate that has resulted in a significant number of customer withdrawals over $197.7 million since June 12. 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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