Tag: NEIL PATEL
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ACCA Report Reveals 80% of Companies Unprepared for Climate Disasters
A recent ACCA report indicates that 80% of companies are unprepared for climate disasters, with only 20% recognizing climate risks in operations. The report emphasizes the financial sector’s vital role in promoting climate resilience, as many businesses lack adequate measures to address climate-related challenges. An alarming report by the Association of Chartered Certified Accountants (ACCA)…
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Australia Abandons Misinformation Bill Amid Senate Opposition
Australia has decided not to proceed with a bill that would have fined tech giants for misinformation after facing strong opposition in the Senate. Communications Minister Michelle Rowland cited the lack of legislative support. Meanwhile, new regulations are being prepared to impose social media bans for children under 16, which could incur heavy penalties for…
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Beauty Companies Pivot to Quick Commerce Amidst Slowing Growth
Beauty companies are experiencing slower growth, prompting them to shift towards offline and quick commerce channels to enhance profitability. E-commerce growth has decelerated due to market saturation as direct-to-consumer brands emerge, leading to a strategic pivot to broader retail opportunities. Notably, investments in quick commerce are gaining traction, indicating potential for resurgence in the beauty…