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LaunchVic invests $ 3.1 million to support local startups

Three accelerator programmes will receive $3.1 million from LaunchVic. The initiatives are focused on assisting sectors like technology, health, susta

Three accelerator programmes will receive $3.1 million from LaunchVic. The initiatives are focused on assisting sectors like technology, health, sustainability, and more. According to Dr. Kate Cornick, CEO of LaunchVic, with more than 2,600 companies calling Victoria home, there is a bigger demand than ever for specialised support. Victorias digital health sector has received a total of $3.8 million in investments for commercialization. Climate tech accelerator Climate Salad will get $1.4 million to start a Global Impact Incubator, which will be housed at the Victorian Connected Health Innovation and Commercialisation Centre CHICC. Read More..

B2B Tech News | 2 years ago        

Nigeria loses compensation offer for Glencore corruption

Glencore, a mining and trading company, rejected Nigerias request for reimbursement for bribery given. In connection with oil operations in five count

Glencore, a mining and trading company, rejected Nigerias request for reimbursement for bribery given. In connection with oil operations in five countries in Africa, including Nigeria, Glencore Energy has admitted guilt on seven charges of bribery. SFO had contended that those who are not parties to a criminal prosecution are not entitled to speak before the court during sentence. Read More..

B2B Tech News | 2 years ago        

Wall Street Loses Over $200 Billion in Value, Amazon Report Says

On Thursday, the value of the US stock market plummeted by $190 billion as a result of Amazons subpar projection. The industry leader in retail and te

On Thursday, the value of the US stock market plummeted by $190 billion as a result of Amazons subpar projection. The industry leader in retail and technology predicted that the holiday downturn would result in currentquarter sales that were below Wall Street expectations. After the Cupertino, Californiabased corporation revealed quarterly iPhone sales that fell short of Wall Street expectations, Apple shares decreased by nearly 1%. Read More..

B2B Tech News | 2 years ago        

The UK competition authority clears the acquisition of Quantile. with good LSEG

The proposed acquisition of Quantile Group by London Stock Exchange Group LSEG has been authorised by the UK Competition and Markets Authority CMA. Th

The proposed acquisition of Quantile Group by London Stock Exchange Group LSEG has been authorised by the UK Competition and Markets Authority CMA. The CMA referred the transaction for further investigation by a separate set of CMA Panel members after detecting concerns about possible competition during the initial stage of its investigation. Read More..

B2B Tech News | 2 years ago        

South African Telkom launches 5G network with Huawei

Huawei Technologies [RICRICHWT.UL] equipment was used by Telkom to start its 5G highspeed internet network, the two firms announced on Thursday. The C

Huawei Technologies [RICRICHWT.UL] equipment was used by Telkom to start its 5G highspeed internet network, the two firms announced on Thursday. The Chinese business is the largest equipment provider to numerous telecom carriers in Africa. Telkom joins larger competitors Vodacom and MTN in the 5G race in an effort to strengthen its rapidly expanding fixed line broadband and mobile data industries. Read More..

B2B Tech News | 2 years ago        

REAG Closest investments Temenos Multifonds

Temenos Multifonds Temenos has been chosen by Brazilian fund administrator REAG Investimentos REAG to replace its current investment operations infras

Temenos Multifonds Temenos has been chosen by Brazilian fund administrator REAG Investimentos REAG to replace its current investment operations infrastructure. The company claims that REAG will increase its efficiency by up to 30%, enabling greater scalability. The potential of Temenos to provide services more effectively was a major factor in the companys decision, according to Joao Carlos Mansur, CEO of REAG. Read More..

B2B Tech News | 2 years ago        

Infibeam Avenues gets a nod in principle from RBI for their payment aggregator license

The Reserve Bank of India RBI has given Infibeam Avenues an inprinciple approval to function as a payment aggregator PA. The organisation claimed that

The Reserve Bank of India RBI has given Infibeam Avenues an inprinciple approval to function as a payment aggregator PA. The organisation claimed that by doing this, they will be able to access even more markets for both online and offline digital transactions. Read More..

B2B Tech News | 2 years ago        

JSW Steels U.S. arm raises $182 million to fund Baytown plate mill upgrades

JSW Steel has secured longterm financing from two Italian banks, Intesa Sanpaolo and Banco BPM. The modernization project will cost a total of $260 mi

JSW Steel has secured longterm financing from two Italian banks, Intesa Sanpaolo and Banco BPM. The modernization project will cost a total of $260 million. JSW owns and operates one of the largest plate mills in the United States, with an installed capacity of over 1.2 million tonnes per year. The JSW group paid $810 million for the thenbankrupt Baytown steel asset in 2007. Read More..

B2B Tech News | 2 years ago        



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