Due to the country’s resource boom, Indonesia’s exports and imports are expected to remain strong in August!
The world was put on hold for a long time as a result of the pandemic. All of those works are now being resumed one at a time around the world. According to a Reuters poll released on Tuesday, Indonesia’s exports and imports increased in August, fueled by high prices for the country’s main commodities […]
Calix, an Australian firm, has received funding for its carbon capture technology!
Calix Ltd, based in Australia, announced on Wednesday that it has found a buyer for a stake in its carbon capture technology unit, valuing the company at A$350 million ($256 million). Calix’s stock rose 20% to a historic high only after the company announced that Carbon Direct, a New York-based investor, had invested 15 million […]
Following the COVID-19 vaccine exchange with Britain, Australia’s Prime Minister has called for a faster reopening!
Prime Minister Scott Morrison announced on Friday that Australia had already managed to secure 4 million doses of Pfizer COVID-19 vaccines in some kind of a swap agreement with the United Kingdom, as he tries to persuade states and territories to stick to a national COVID-19 reopening plan. According to Morrison, the additional doses are […]
The European Coca-Cola bottler appears to be facing a liquidity crisis!
Coca- Cola’s European distributor has been experiencing a liquidity crisis. Coca-Cola Europacific Partners’ second-quarter sales increased 54 % year over year to 3.6 billion euros, exceeding analysts’ expectations of 3.3 billion euros, according to sources. Lockdowns are already being eased, and out-of-home consumption is increasing, resulting in a $26 billion boost for the company. The […]
The biennial Internationale-Automobil-Ausstellung-The International Motor Show-begins this week!
The biennial Internationale-Automobil-Ausstellung, or International Motor Show, in Germany, begins this week. It is a well-attended event in which the entire country honors the country’s enduring automotive industry and invites the world’s most prestigious brands to participate. According to reports, this year’s event will be held in Munich, Bavaria, and will be a once-in-a-lifetime opportunity […]
To combat food shortages, Sri Lanka targets hoarders and bad traders!
Covid 19 has put the entire world in a difficult situation. People are fighting to survive not only the infection but also in a variety of ways. As a result of the lockdown, people are facing joblessness, food scarcity, and a lack of essential products. Services for export and import have also been halted for […]
Along with Covid-19, Vietnam’s largest city proposes a re-start of the economy!
Ho Chi Minh City, Vietnam’s coronavirus epicenter, plans to loosen the strict lockdown and resume financial activities on September 15, shifting away from its “Zero-COVID-19” approach to living with the virus after two years of fighting against the odds and hoping to be free of the virus. According to a draught seen by Reuters and […]
FinScore offers Telco Data Credit Scores to SB Finance in order to enlarge credit access to Filipinos!
FinScore is a credit scoring company that generates alternative credit scores using telco data and advanced analytics. FinScore’s credit scoring models, platform, and fraud detection solutions benefit financial institutions by minimizing defaults, boosting approval rates, and helping to fight fraud. SB Finance recently partnered with FinScore to improve credit scoring efforts using alternate data to […]
Zoom may benefit from Five9 investors!
The mystery surrounding Zoom Video Communications is slowly unfolding. The all-stock transaction, which is being investigated by Washington watchdogs, may be put to a vote by 509 investors. Zoom’s value has dropped from $13.6 billion to around $10.4 billion in less than two months, and it is now less than Five9’s market capitalization. Zoom should see this as an opportunity. Five9 Inc. (Five9) […]
Germany is considering selling up to a quarter of its Lufthansa stock
The German finance ministry said on Monday that it expects to sell up to a quarter of its 20% interest in Lufthansa (LHAG.DE) in the next weeks, noting favorable progress at the bailed-out airline. Following the announcement, Lufthansa shares fell as much as 4.9 % to 8.81 euros in early trading. The state bought a […]
