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A warning to the rest of Europe from inflation in the Baltics.

Inflation has been on the increase across the west to levels previously seen decades ago, but few areas have experienced a spike in prices quite like

Inflation has been on the increase across the west to levels previously seen decades ago, but few areas have experienced a spike in prices quite like Estonia, Latvia and Lithuania, where inflation went above 20 per cent this summer and is currently above 21 per cent in all three nations. According to Gediminas Imkus, the president of Lithuanias central bank, inflation is greater in the Baltics because individuals earn less on average than in much of Europe. Ints Kalnins/Reuters According to imkus, inflation is particularly higher in the Baltics because people there earn less on average than in much of Europe, which means they spend a larger proportion of their income on necessities such as electricity and food, where prices have risen the most. Read More..

B2B Tech News | 2 years ago          

A outreach program is held in order to maximize the potential of the IndiaAustralia ECTA.

The IndoAustralia Economic Cooperation and Trade Agreement ECTA will go into effect on December 29th. The focus of the government and the apparel indu

The IndoAustralia Economic Cooperation and Trade Agreement ECTA will go into effect on December 29th. The focus of the government and the apparel industry is on maximising the benefits of this agreement. The Department of Commerce held the first ECTA outreach session at Apparel House in Gurgaon. The programme also included prominent members of the garment trade from OGTC, ATDC, and GEMA. According to AEPC, Indias garment exports to Australia would triple by 2025. During this outreach campaign, issues such as port procedure simplification and timely facilitation, direct shipping lines with FTA countries, design and fashion mapping, speedier adjudication process, skill mapping, and so on were discussed. Read More..

B2B Tech News | 2 years ago          

With $75 million, Indias Money View is getting close to unicorn status.

Money View, an Indiabased fintech firm, has raised US$75 million in a series E investment round headed by Apis Partners, with participation from Tiger

Money View, an Indiabased fintech firm, has raised US$75 million in a series E investment round headed by Apis Partners, with participation from Tiger Global, Winter Capital, and Evolvence. According to the corporation, it is now worth $900 million. Money View, which was founded in 2014 by Puneet Agarwal and Sanjay Aggarwal, provides personalised credit products such as fast personal loans, cards, BNPL, and personal financial management solutions. According to the company, it disburses over US$1.2 billion in loans on an annual basis and manages over US$800 million. According to Crunchbase, Money View has raised a total of US$183.7 million in investment to far. Read More..

B2B Tech News | 2 years ago          

Due to a lack of funding, delivery apps vanish in Europe.

During the COVID19 restrictions in 2020, demand for grocery delivery services increased dramatically. Gorillas and Flink, two Berlinbased grocery deli

During the COVID19 restrictions in 2020, demand for grocery delivery services increased dramatically. Gorillas and Flink, two Berlinbased grocery delivery apps, both achieved unicorn status in 2021. However, rising inflation through 2022 has reduced overall customer demand for speedy deliveries. The supermarket delivery bubble appears to have finally burst, as investment dollars dwindle and speedy delivery startups struggle to demonstrate profitability. Long have delivery drivers and warehouse workers grumbled about low pay and working conditions. Several Dutch communities have already put temporary bans on new dark businesses. Employees are unsure what Getirs acquisition of Gorillas signifies. Read More..

B2B Tech News | 2 years ago          

An Australian expansion is planned by a healthcare technology company.

Healthcare technology startup situated in Dunedin Elixir is planning a trip to Australia. According to Jack Pivac, the companys founder and owner, it

Healthcare technology startup situated in Dunedin Elixir is planning a trip to Australia. According to Jack Pivac, the companys founder and owner, it visited conferences in Australia in November and met with a few doctors while there. The startup was created in 2017 as an alumni of Startup Dunedins Distiller incubator programme. He did not specify when the company planned to begin operations in Australia. Elixir offers a cloudbased practise management solution for New Zealands private specialised healthcare professionals. Elixir was one of three firms to win the Startup Dunedin Challenger Series prize in 2018. The fiveyearold company has over 600 users, including over 200 doctors. Our solution can reduce operations from two hours to five minutes, Mr Pivac said. He calculated Read More..

B2B Tech News | 2 years ago          

2023 will see increased investments from German businesses in Africa.

According to a poll obtained by Reuters on Tuesday, German companies intend to grow their activities in Africa next year, particularly in fields like

According to a poll obtained by Reuters on Tuesday, German companies intend to grow their activities in Africa next year, particularly in fields like as green hydrogen and liquefied natural gas, with 43% planning to increase investment in the continent. According to economy ministry data, German companies invested around 1.6 billion euros in Africa in 2021, with roughly 1.1 billion euros going to the SubSahara region, according to a poll of members of the GermanAfrican Business Association. Read More..

B2B Tech News | 2 years ago          

In a deal with Chinas ENN, NextDecade will increase the volume of LNG supply.

All supply volumes will be sourced on a freeonboard basis from NextDecades Rio Grande LNG export project RGLNG in Brownsville, Texas, and will be inde

All supply volumes will be sourced on a freeonboard basis from NextDecades Rio Grande LNG export project RGLNG in Brownsville, Texas, and will be indexed to the Henry Hub. Earlier this month, NextDecade announced a 20year contract to provide 1.5 million tonnes of LNG to a unit of Chinas ENN. In 2021, China was the worlds leading LNG importer, importing 78.8 million tonnes of the chilled fuel. Read More..

B2B Tech News | 2 years ago          

Tata Comm acquires US company Switch Enterprises for Rs 486 cr

Tata Communications will pay Rs 486 crore in cash to purchase The Switch Enterprises, a New Yorkbased endtoend live video production company, the comp

Tata Communications will pay Rs 486 crore in cash to purchase The Switch Enterprises, a New Yorkbased endtoend live video production company, the company announced on Thursday. Together, Tata Communications and The Switch will assist The Switch clients in over 190 countries and territories, and The Switch will deliver live production capabilities that will let organisations develop highquality immersive content more quickly and effectively. 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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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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