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The luxury travel brand Le Collectionist has raised 60 million euros

Highland Europe, a subsidiary of US venture capital firm Highland, led a €60 million growth round for Le Collectionist. OLMA, Famille C, Pictet and

Highland Europe, a subsidiary of US venture capital firm Highland, led a €60 million growth round for Le Collectionist. OLMA, Famille C, Pictet and Lombard Odier banks, as well as business angels, are also involved in the round. Le Collectionists portfolio includes 1,800 residences in 30 European cities. According to the company, only 3% of those who inquire receive the keys. With a kneedeep waiting list, the business model capitalises on the exclusivity factor. By 2028, these propertyled experiences could be worth $50 billion. Read More..

B2B Tech News | 2 years ago          

Asian stocks fall on renewed worries about recession and China

Following a mixed day on Wall Street, Asian stocks fell on Friday. A key measure of inflation in the United States that the Federal Reserve closely mo

Following a mixed day on Wall Street, Asian stocks fell on Friday. A key measure of inflation in the United States that the Federal Reserve closely monitors eased in October, casting doubt on the central banks determination to keep raising interest rates. In addition, manufacturing activity in the United States fell in November for the first time since May 2020. Closed The S&P 500 fell on Friday, but gains in health care and other sectors helped to limit losses. The Federal Reserve is likely to raise interest rates faster than previously anticipated. Read More..

B2B Tech News | 2 years ago          

Ghana revises $1 billion debt test guaranteed by World Bank

After its already precarious finances collapsed amid the economic effects of COVID19 and Russias invasion of Ukraine, Ghana will have to revamp its de

After its already precarious finances collapsed amid the economic effects of COVID19 and Russias invasion of Ukraine, Ghana will have to revamp its debt. Its unclear how the World Bank guarantee will function. Ghanas overseas bonds have lost a third of their face value, and the cedi this year experienced the biggest currency decline in the history of the world. Rare are the creditenhanced issuance that include multilateral guarantees on all or a portion of the bonds. Ghanas bond has a yield of 10.75%, and since the end of September, prices have outpaced shortterm bonds with maturities in 2025 and 2026. The bonds contract states that the guarantee cannot be expedited under any circumstances. Read More..

B2B Tech News | 2 years ago          

Brazil joins the Budapest Convention on the fight against cybercrime

Brazil has formally ratified the Convention on Cybercrime, also known as the Budapest Convention. The measure aims to strengthen international coopera

Brazil has formally ratified the Convention on Cybercrime, also known as the Budapest Convention. The measure aims to strengthen international cooperation in the fight against cybercrime. The new step is expected to provide Brazilian authorities with faster access to electronic evidence produced under the jurisdiction of another country. It will have a positive impact on cybercrime offenders criminal convictions. Read More..

B2B Tech News | 2 years ago          

Musk delivers first Tesla truck, but no updates on production, pricing

Elon Musk, the CEO of Tesla Inc. TSLA.O, handed over the companys first heavyduty semi on Thursday to PepsiCo PEP.O, but he made no new predictions ab

Elon Musk, the CEO of Tesla Inc. TSLA.O, handed over the companys first heavyduty semi on Thursday to PepsiCo PEP.O, but he made no new predictions about the trucks cost, its planned manufacturing, or the volume of cargo it could transport. The batterypowered, longhaul truck will lower highway emissions, exceed current diesel models on power and safety, and spinoff a fastcharging technology Tesla would employ in its future Cybertruck pickup, according to Musk, who spoke on stage at a Tesla event in Nevada. Read More..

B2B Tech News | 2 years ago          

How Sourci Made It Meet the founders behind Australias new wave of ecommerce

The two cofounders of the product development consultancy Sourci are Giovanni Pino and Ellie Vaisman. The Melbournebased business, which was establish

The two cofounders of the product development consultancy Sourci are Giovanni Pino and Ellie Vaisman. The Melbournebased business, which was established in 2018, won the Manufacturing, Wholesale, and Distribution category of the 2022 Young Entrepreneur Award. Sourci has increased its clientele during the year, received an award, and grown through acquisitions. From clothing to skincare, sunglasses to 35mm cameras, and even sex toys, the corporation has contributed to the development of a wide variety of products. AFL superstars Jack Redden and Xavier Ellis, Australian basketball star Sara Blicavs, and model Tess Shanahan are among the companys clients. Read More..

B2B Tech News | 2 years ago          

Swiss engineering group ABB has been fined $4.3 million

The Attorney General of Switzerland has fined Swiss engineering and technology company ABB ABBN.S 4 million Swiss francs $4.3 million in connection wi

The Attorney General of Switzerland has fined Swiss engineering and technology company ABB ABBN.S 4 million Swiss francs $4.3 million in connection with a corruption case in South Africa. According to the Attorney Generals office, ABB was penalised for not having taken all required and reasonable organisational safeguards to avoid bribery payments to foreign officials in South Africa, according to a statement released on Friday. According to an agreement reached this week between ABB and South Africas National Prosecuting Authority NPA, the business will make restitution for its role in state corruption. Read More..

B2B Tech News | 2 years ago          

Isomer Capital Onboards European Venture Capital Founders as a Venture Capital Partner

The European VCs founders, Andreas Munk Holm and David Cruz e Silva, now have the title of Venture Partner on their resumes as a result of the formali

The European VCs founders, Andreas Munk Holm and David Cruz e Silva, now have the title of Venture Partner on their resumes as a result of the formalisation of their partnership with Isomer Capital. The big idea is for Andreas and David to assist VCs in raising money by creating vested communities of founders, operators, angel investors, and VCs as Operator LPs through a content platform and syndicates. Weve always respected Isomer, and now well be able to work with the best in the business while presenting our proposition to fantastic VCs. Read More..

B2B Tech News | 2 years ago          



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