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BUSINESS NEWS

Australia’s financial increase slows in March area regardless of upward thrust in family spending

Australias economic growth slowed in the March quarter as rising spending by households, businesses and governments could not counter a dive in net ex

Australias economic growth slowed in the March quarter as rising spending by households, businesses and governments could not counter a dive in net exports. In the first three months of 2022, gross domestic product rose to an annual rate of 3.3%, the Australian Bureau of Statistics said. That eased from the earlier reported annual pace of 4.2% and compared with about 3% forecast by economists. Australias economy shrank less than many other rich nations during the pandemic and its rebound has been less dramatic than some. The European Unions economies, for instance, expanded 5.1% in the March quarter from a year earlier, and the UK posted an 8.7% jump. The US grew at an annual clip of 3.6% although rising interest rates pushed the worlds largest economy into a 1.4% quarter-on-quarter contraction. Read More..

B2B Tech News | 2 years ago        

A second phase of Business Events Australias international campaign has began.

As Australia heads into winter and people switch on their heating, energy costs have spiked due to surging demand. As a result of the sudden price flu

As Australia heads into winter and people switch on their heating, energy costs have spiked due to surging demand. As a result of the sudden price fluctuation, Australias peak energy regulator, the Australian Energy Market Operator (AEMO), has put a cap on price rises. Queensland retail budget supplier, ReAmped Energy, unable to absorb costs and with no option but to send customers away. Willox said any solutions to the current price pain would not be simple, and noted that Australias reliance on foreign commodities, which once had diversified Australias energy needs, was now making it vulnerable to international conditions. Read More..

B2B Tech News | 2 years ago        

Smaller power companies in Australia are now being left out in the cold due to the rising energy prices.

As Australia heads into winter and people switch on their heating, energy costs have spiked due to surging demand. As a result of the sudden price flu

As Australia heads into winter and people switch on their heating, energy costs have spiked due to surging demand. As a result of the sudden price fluctuation, Australias peak energy regulator, the Australian Energy Market Operator (AEMO), has put a cap on price rises. Queensland retail budget supplier, ReAmped Energy, unable to absorb costs and with no option but to send customers away. Willox said any solutions to the current price pain would not be simple, and noted that Australias reliance on foreign commodities, which once had diversified Australias energy needs, was now making it vulnerable to international conditions. Read More..

B2B Tech News | 2 years ago        

Oyo accumulates over 1,250 new corporate clients

Travel tech and hospitality firm Oyo added over 1,250 new corporate clients indicating that Business travel in India could also be rebounding after th

Travel tech and hospitality firm Oyo added over 1,250 new corporate clients indicating that Business travel in India could also be rebounding after the lifting of COVID-induced travel restrictions. Recovery is led by small and medium enterprises, traditional business houses, and conglomerates. the highest cities searched and booked by corporates are Bangalore, Hyderabad, Mumbai, Chennai, Ahmedabad, Kolkata, Pune, and Delhi. The appetite for business travel has returned strongly since the frequent change in travel restrictions has ebbed. Meetings, incentives, conferences, and exhibitions are the opposite key use cases fueling the expansion of business travel. Read More..

B2B Tech News | 2 years ago        

Nowport a Mexican Startup gained “Unicorn Status” After SoftBank-Led Funding Round

The logistics startup Nowports become Mexico’s newest “unicorn” when it announced that its valuation has jumped to $1.1 billion after the recent

The logistics startup Nowports become Mexico’s newest “unicorn” when it announced that its valuation has jumped to $1.1 billion after the recent investment round which was conducted by SoftBank’s Latin America Fund. The main aim of Newports to simplify international trade plans to use the capital for its planned expansion in Latin America. Newport is the first Mexican startup to join the unicorn club. The digital cargo agent has raised $150 million from investors including SoftBank, Tiger Global, and Foundation Capital. It plans to use the capital for expansion in Brazil and other Latin American countries over the next five years. Read More..

B2B Tech News | 2 years ago        

The Aditya Birla Group has launched a business called House of Brands. Tomorrow, Prashanth Aluru will be appointed as CEO

The Aditya Birla Group announced the launch of its new startup named House of Brands, tmrw. Group has appointed ex-Facebook, Bain, and Kalaari Capital

The Aditya Birla Group announced the launch of its new startup named House of Brands, tmrw. Group has appointed ex-Facebook, Bain, and Kalaari Capital executive Prashanth Aluru, because the CEO & cofounder to guide the build-out of this new venture. Tmrw will cause India’s next phase of D2C growth which is predicted to achieve $100 billion by 2025. The launch of this D2C business is another milestone for Aditya Birlas group By tapping into Indias fresh surge of entrepreneurial enthusiasm, this venture has the potential to become an enormous growth engine. Read More..

B2B Tech News | 2 years ago        

Mobile premier league (MPL) will lay off 100 employees and quit Indonesia

In September 2021, MPL raised fresh finance at a valuation of$2.3 billion, led by Dubai- grounded Legatum Capital. The author also said that MPLs US b

In September 2021, MPL raised fresh finance at a valuation of$2.3 billion, led by Dubai- grounded Legatum Capital. The author also said that MPLs US business has turned net- profit positive within nine months of its launch. The incipiency was planning to use these finances to expand its business encyclopedically. Read More..

B2B Tech News | 2 years ago        

Meena Brands grows into United states,the middle east and other international market

Meena brand is working with 20 platforms and is planning to add more than 20. The company is aiming to grow its revenue rate to $3000 crores by next y

Meena brand is working with 20 platforms and is planning to add more than 20. The company is aiming to grow its revenue rate to $3000 crores by next year. founder and CEO of Mensa Amit Agrawal say the companys technology has helped it achieve scale with positive unit economics for its brand-buying and pricing services. Read More..

B2B Tech News | 2 years ago        



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