Inflation stories
Kyriba's Q1 2024 Currency Impact Report has revealed a USD $9.83 billion negative impact due to currency fluctuations, signalling heightened FX risks for global firms.
Adobe reports a record USD $14.2 billion in Amazon Prime Day sales for US retailers, an 11% YoY increase, driven by a surge in mobile shopping and steep discounts.
Vistage's latest UKI SME CEO Confidence Index reveals growing optimism among business leaders, with 62% forecasting a revenue boost in the next year ahead of the General Election.
Adobe projects a record-breaking USD $14 billion online spend for Prime Day, driven by significant discounts, mobile shopping, and BNPL services.
A Pin Payments survey reveals Australian SMEs are most concerned about cybercrime, while New Zealand SMEs struggle with late payments, economic hardships hitting both.
Despite challenges, global tech leaders are prioritising AI to drive growth, with 81% expecting moderate to high growth and 42% prioritising AI investments.
As cloud expenses soar, a new esynergy report underscores the rising role of FinOps, with 74% of organisations striving to optimise costs.
The cryptocurrency market plummets nearly 20%, dropping to USD $1.76 trillion, as Bitcoin and Ethereum face double-digit declines.
Australia's 3G networks will be decommissioned next month, posing potential disruptions for retailers and hospitality businesses that rely on outdated tech.
Solar panel installations in England plummeted to 63,000 in the first half of 2024, a 25% decrease from last year, but experts predict a rebound.
Chronos Agency has expanded into Australia, appointing Nina Jung as Chief Revenue Officer, as demand grows for sustainable ecommerce strategies focused on customer retention.
A report by Shopify reveals that 68% of Southeast Asian retailers are increasing social commerce spending as economic pressures reshape consumer behaviour.
Kōura's Wealth's bold USD $5 million Bitcoin investment in KiwiSaver has surged to a whopping USD $7.5 million.
A study by 2degrees reveals that New Zealand businesses are shifting from survival to growth, with more firms thriving and optimistic about future revenue.
A recent Sendle survey reveals that 65% of Australian small businesses plan to tap into international markets for revenue growth amid rising costs.
Gold remains a prized commodity due to its role as a store of value, a hedge against inflation, and its appeal during economic uncertainty and market volatility.
Experts are urging change in digital investments to balance costs and ensure security, as Australian firms are facing economic hurdles and rising cyber threats.
Brexit has slashed British non-food retail exports to the EU, costing GBP £5.9 billion since 2019, while marketplaces rise as vital channels for UK brands.
Singapore's Aspire launches AI suite to boost financial analytics and automation for Asian businesses, aiming to enhance decision-making amid rising costs.
New Zealand's Budget 2024 tackles cost-of-living pressures with substantial investments in healthcare, education, and law and order, funded by public sector savings.
