Karachi: Qistbazaar, a leading e-commerce start-up, has achieved the milestone of Rs. 1.0 billion in sales, in just 17 months since its establishment in November 2021. As a rapidly growing BNPL (Buy Now Pay Later) platform, and working as a licensed NBFC (Non-Banking Finance Company), Qistbazaar is committed to uplifting the living standard of all…
Businesses are in steep decline
According to a Gallup Pakistan Survey with business owners in the first quarter of 2023 for the Gallup Business Confidence Index report, pessimism about the conditions and prospects of their businesses had risen among owners. Political instability has carried over to combine with various economic crises and exacerbate business insecurity. The survey is the ninth…
UK house prices unexpectedly surged 0.8% between February and March
UK house prices unexpectedly increased by 0.8% between February and March 2023, according to data from Halifax released on Thursday. This surpassed economists’ predictions of a 0.3% contraction. Property prices were 1.6% higher than in March 2022, which is a drop from the 2.1% expansion registered in February and the weakest rate since October 2019….
Walmart to expand EV charging stations to thousands of U.S. stores by 2030
Walmart is planning to add electric vehicle charging stations to thousands of U.S. stores by 2030, the company announced. The expansion will include Walmart and Sam’s Club locations across the country, with the company planning to own and operate the EV charging stations in its national network. The company did not provide further details on…
How to share filed between Windows and Android devices?
Sharing files between Windows and Android devices can be a useful and efficient way to transfer data, whether it be photos, documents, or other media. In this blog, we’ll cover some of the best methods for sharing files between Windows and Android devices, along with step-by-step instructions and illustrations where applicable. Method 1: Using a…
100% decarbonized production of plasterboard commences Fredrikstad plant in Norway
LONDON, UK: Saint-Gobain has made a significant announcement regarding the start of 100% decarbonized production of plasterboard at its Fredrikstad plant in Norway. This achievement has been made possible by switching from natural gas to hydroelectric power, which has avoided 23,000 tons of CO2 emissions per year. The company’s commitment to reducing its carbon footprint…
CEO Titon Holdings Alexandra French steps down
LONDON, UK: Titon Holdings Plc, a leading international manufacturer and supplier of ventilation systems, and window and door hardware announces that Alexandra French, Chief Executive Officer, has agreed with the Board that she will step down from her role as Chief Executive Officer and will leave the Board with immediate effect. The Board intends to…
DGL to acquire Triox, a manufacturer of agricultural and home garden pesticides
SYDNEY, AUSTRALIA: DGL Group (ASX: DGL) has entered into an agreement to acquire Triox, a manufacturer and supplier of pesticides for agricultural and home garden uses. The acquisition price of $5.5 million represents 4.6 x EBITDA. The acquisition will be funded by cash, with DGL’s net debt position remaining conservative. DGL’s Executive Director and General…
Elanor to acquire Challenger’s Australian real estate funds business for $41.8 million
SYDNEY, AUSTRALIA: Elanor Investors Group (ASX:ENN) has agreed to acquire 100% of and Challenger Limited (ASX:CGF) $3.4 billion Australian real estate funds management business (CRE) for a maximum consideration of $41.8 million, and establish a broader strategic partnership between Elanor and Challenger. Elanor will issue 27.4 million securities to Challenger as consideration for the acquisition…
Octopus Renewables Infrastructure Trust to invest up to £5m into HYRO Energy
LONDON, UK: Octopus Renewables Infrastructure Trust (ORIT) has agreed to invest up to £5m into HYRO Energy Limited, a new joint venture between ORIT (co-invested alongside another fund managed by Octopus Energy Generation, Sky (ORI SCSp)) and Renewable Energy Systems (RES). HYRO Energy has been established to develop green hydrogen electrolysis projects in England, Scotland…
Schroder UK Public Private Trust invests $8mn in Indian AgTech start-up AgroStar
LONDON, UK: Schroder UK Public Private Trust plc has announced its first investment in Asia, with an $8 million investment in AgroStar, one of India’s leading agricultural technology start-ups. The investment is part of a $40 million financing round, with Schroders Capital leading the way with a $25 million investment. Other investors included Accel, Chiratae…
THG plc announces 10-year strategic partnership with beauty e-commerce retailer Maximo Group
LONDON, UK: THG plc announced a new partnership with beauty e-commerce retailer Maximo Group, home to destination sites including allbeauty.com and fragrancedirect.co.uk. The 10-year partnership will initially focus on re-platforming All Beauty and Fragrance Direct to the Ingenuity platform, as part of Maximo’s strategic growth plans. THG Ingenuity will also become Maximo’s key UK operational…