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PreChristmas retail sales reach a record $74.5 billion, outpacing inflation.

In the runup to Christmas, Australians spent a record $74.5 billion. This implies an 8.6 percent increase over 2021. Boxing Day sales increased 15.3 p

In the runup to Christmas, Australians spent a record $74.5 billion. This implies an 8.6 percent increase over 2021. Boxing Day sales increased 15.3 percent to $1.23 million. The ARA and Roy Morgan forecast a 7.9 percent gain through January 15. On Boxing Day, department stores saw the most gain, increasing a whopping 23.6% from the previous year. Cafes, restaurants, and takeaway food services increased by 22.8%. Household products, the secondlargest retail sector for Boxing Day sales, up 14.3% year on year. Read More..

B2B Tech News | 2 years ago        

Eni of Italy establishes a business providing sustainable transportation services.

Eni ENI.MI, an Italian energy corporation, announced on Monday the formation of a new company dedicated to sustainable transportation, which would dev

Eni ENI.MI, an Italian energy corporation, announced on Monday the formation of a new company dedicated to sustainable transportation, which would develop biorefining, biomethane, and offer mobility products and services in Italy and internationally. The move is part of Enis larger goal to capture value from its diversified portfolio of companies by spinning off individual activities and growing them as separate entities. The organisation did not say whether it would pursue a public offering or forming a partnership to build the new company in the future. Since 2021, the business has established Plenitude, which focuses on renewable energies, and Azule Energy, a joint venture with BP BP.L committed on Angolan oil and gas operations. The Italian group successfully listed its Norwegian oil and gas spinoff Vaar last year. Read More..

B2B Tech News | 2 years ago        

In South Korea, Tesla faces a $2.2 million fine for exaggerating its driving range.

According to Reuters, South Korea is likely to punish Tesla $2.2 million for allegedly overstating the driving range of its electric vehicles EVs. Acc

According to Reuters, South Korea is likely to punish Tesla $2.2 million for allegedly overstating the driving range of its electric vehicles EVs. According to the Korea Fair Trade Commission, the Elon Muskled corporation failed to inform buyers about its vehicles lower range in cold conditions. The regulator revealed that in colder weather, Tesla cars operating range can be 50.5% less than what the US company says. Tesla has announced that it delivered a record 405,278 automobiles in the fourth quarter of 2022. However, it fell short of Wall Streets forecast of 431,117 automobiles. Read More..

B2B Tech News | 2 years ago        

BlackRock Greater Europe Investment Trust Plc Net Asset Values.

ASSET VALUE NET 5493003R8FJ6I76ZUW55 BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC At the conclusion of business on December 28, 2022, the unaudited n

ASSET VALUE NET 5493003R8FJ6I76ZUW55 BLACKROCK GREATER EUROPE INVESTMENT TRUST PLC At the conclusion of business on December 28, 2022, the unaudited net asset values for BlackRock Greater Europe Investment Trust PLC were 494.08p Capital alone 494.31p Including currentyear earnings Notes 1. Investments have been appraised based on bid prices. 2. Revenue items are included in net asset value after deducting dividends payed on the exdividend date. 3. Following the purchase of 8,000 ordinary shares on October 31, 2022, the Company now has 101,000,161 Ordinary Shares in circulation excluding 16,928,777 shares which are held in Treasury. 4. See BLRKINDEX on Reuters for the most recent daily net asset value, prior month end performance information, asset allocation, and the ten largest holdings of BlackRock managed Investment Trusts. Read More..

B2B Tech News | 2 years ago        

MTM Logix is interested in expanding USLatin America trade flows.

MTM Logix is a Mexico Citybased international freight forwarder. Mexico, according to CEO Mario Veraldo, has chances to enhance crossborder trade. VCM

MTM Logix is a Mexico Citybased international freight forwarder. Mexico, according to CEO Mario Veraldo, has chances to enhance crossborder trade. VCM Global Asset Management, a private equity firm based in the Bahamas, recently invested in MTM Logix. MTM Logix delivers logistics solutions through automation, visibility, and collaboration with suppliers. The corporation claims to use control towers in its freight forwarding strategy. Veraldo believes that if the United States, Mexico, and other countries are to benefit from nearshoring trends, they must invest in education, infrastructure, and data. Read More..

B2B Tech News | 2 years ago        

Digital Twin Financial Services and Insurance Global Market Report 2022 Industry to Reach $6.82 Billion by 2026 at a 17.6 percent CAGR.

The global digital twin financial services and insurance market is predicted to develop at a compound annual growth rate CAGR of 20.9% from $ 2.95 bil

The global digital twin financial services and insurance market is predicted to develop at a compound annual growth rate CAGR of 20.9% from $ 2.95 billion in 2021 to $ 3.57 billion in 2022. Cloud technology usage is projected to drive the expansion of the digital twin financial services and insurance business in the future. With the most comprehensive study on this industry covering 12+ geographies, you can gain a truly global view. The paper analyses the impact of the RussiaWar on agricultural, energy, and mineral commodity supply, as well as their direct and indirect effects on the market. Read More..

B2B Tech News | 2 years ago        

Africa Confidential Weekly Political, Economic, and Security Developments in Africa.

Africa Confidential is one of the continents longestrunning specialised publications. We offer indepth news and analysis on key political, economic, a

Africa Confidential is one of the continents longestrunning specialised publications. We offer indepth news and analysis on key political, economic, and security developments across the continent every two weeks. Our authors write for us under absolute anonymity, which was maintained from the beginning in 1960. A wide range of organisations and individuals respect Africa Confidentials reporting and analysis. Africa Confidential is only available by subscription in order to maintain our readers information advantage. Our analysis, comments, and news will not be syndicated or resold to overseas news agencies. Read More..

B2B Tech News | 2 years ago        

In order to accelerate digitalization and financial inclusion, mobile app security provider LIAPP is increasing its presence in some of Asias fastestgrowing economies.

Lockin App Protector, the main mobile app cybersecurity solution of South Korean firm Lockin Company, has announced ambitions to expand its presence i

Lockin App Protector, the main mobile app cybersecurity solution of South Korean firm Lockin Company, has announced ambitions to expand its presence in Southeast Asia by collaborating with financial institutions and fintech startups to speed the secure digitization of financial services. LIAPP intends to collaborate with more financial service providers in Southeast Asia, one of the most vulnerable regions to cybercrime, to boost mobile app security with powerful, cloudbased security architecture. LIAPP, which runs on a RASP system, provides roots detection, antitampering, memory protection, native library protection, and screen capture prevention, among other cyber security services. LIAPPs actionbased detection technology, which provides bestinclass performance, prevents malicious app attacks by recognising the first sign of tampering or questionable app behaviour. Read More..

B2B Tech News | 2 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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