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Buddha Brands Raises Capital to Support US Expansion

A funding round headed by Canadian investment group Fondaction netted $5.25 million for Buddha Brands, a producer of plantbased foods and drinks. Budd

A funding round headed by Canadian investment group Fondaction netted $5.25 million for Buddha Brands, a producer of plantbased foods and drinks. Buddha Brands, which was established in 2012, sells Hungry Buddha energy bars and Thirsty Buddha coconut water in more than 5,000 retail locations across the US and Canada. Sunflower seeds, coconut oil, pea protein, and chicory root fibre are used in the bars formulation. The money will be used to hire more people, create new products, produce more nutrition bars, and hasten the companys entry into the US market. Read More..

B2B Tech News | 2 years ago          

Melbourne electric vehicle converter Jaunt Motors merges with Zero EV to form Fellten

Fellten, which in Welsh means lightning, plans to have operations on three continents and calls itself the worlds leading producer of electric con

Fellten, which in Welsh means lightning, plans to have operations on three continents and calls itself the worlds leading producer of electric conversion systems. The combined company will develop a foothold in North America and will scale up to satisfy worldwide demand. The business provides full electrification support for customers buying specialty and luxury vehicles, from design to technology development through delivery. For the purpose of upgrading mechanics skills in working with electric vehicles, Fellten has created certified training programmes. Read More..

B2B Tech News | 2 years ago          

India Launch of the national logistics policy

Prime Minister Narendra Modi launched the National Logistics Policy NLP, which was initially outlined in the Budget 2020, to encourage efficient distr

Prime Minister Narendra Modi launched the National Logistics Policy NLP, which was initially outlined in the Budget 2020, to encourage efficient distribution of goods across the country. According to the declaration, lowering logistics costs in India is essential for boosting the competitiveness of Indian goods on both home and international markets. Process reengineering, digitalization, multimodal transportation, etc. are the policys main areas of focus. On the NLP, the government has been working for three years. The epidemic caused a delay in the distribution of the policys initial draught for consultation by the commerce ministry in 2019. Read More..

B2B Tech News | 2 years ago          

Ramkrishna Forgings Shares Near 52Week High After Another European Orders Win

Ramkrishna Forgings has announced a fouryear contract worth Rs 113.16 crore. According to the companys management, the order win strengthens the compa

Ramkrishna Forgings has announced a fouryear contract worth Rs 113.16 crore. According to the companys management, the order win strengthens the companys European portfolio and raises the profile of its international operations. Lalit Khetan, Executive Director and CFO, told CNBCTV18 last month that the company had won an order to supply metal bars. Read More..

B2B Tech News | 2 years ago          

EU signs six financing agreements with Mozambique

The European Union has signed six development financing agreements with Mozambique totaling more than 148 million euros. The documents were signed on

The European Union has signed six development financing agreements with Mozambique totaling more than 148 million euros. The documents were signed on the first day of the ACPEU Joint Parliamentary Assembly on Monday. Extremist groups have been threatening the Cabo Delgado region since 2017, and while progress has been made, insecurity persists. Read More..

B2B Tech News | 2 years ago          

Australian Dollar down 0.25% as expected on RBA advance. Where to go for AUD/USD?

The RBA increased its cash rate target from 2.60% to 2.85%. In the accompanying Monetary Policy Statement MPS, the bank raised their forecast for infl

The RBA increased its cash rate target from 2.60% to 2.85%. In the accompanying Monetary Policy Statement MPS, the bank raised their forecast for inflation to 8% from 7.75%. The currency had risen ahead of the decision due to a weaker US dollar. To the end of October, PI increased by 6.4% year on year, exceeding the previous reading of 5.6%. PPI takes some time to pass through the pipeline and reach CPI. If PPI continues to rise, it is difficult to imagine higher CPI or lower earnings for ASX companies. Read More..

B2B Tech News | 2 years ago          

Ford Credit Chief Financial Officer Brian Schaaf Retires Eliane Okamura becomes Chief Financial Officer

CFO of Ford Credit. Brian Schaaf is leaving Ford Motor Company and Ford Credit after a 33year career. Eliane Okamura has been named to succeed Schaaf,

CFO of Ford Credit. Brian Schaaf is leaving Ford Motor Company and Ford Credit after a 33year career. Eliane Okamura has been named to succeed Schaaf, who will take office on December 1. Okamura works on Fords Treasury team as the director of automotive strategy, risk, and agile finance. She began her career with Ford in Brazil as an analyst in 1995 and has held a variety of financial positions since then. Read More..

B2B Tech News | 2 years ago          

Singapore voted the confidence of the reinsurance sector

Singapore has earned the trust of the international reinsurance industry as a key regional reinsurance centre. Gross written premiums for life insuran

Singapore has earned the trust of the international reinsurance industry as a key regional reinsurance centre. Gross written premiums for life insurance and nonlife insurance are expected to reach SG$60 billion and SG$20 billion, respectively, in 2025. Singapore has maintained its position as an important Asian specialty insurance hub by expanding its capabilities in newer lines of risk, such as cyber. Read More..

B2B Tech News | 2 years ago          



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