Business news

    ASX200 higher; Digital Wine Ventures BNPL service; Seven West finalises content sharing deals

    Article Image
    Highlights
    • ASX200 is trading just 5.7 points higher at 7031.5 at 1:30pm AEST.
    • Digital Wine Ventures partners with Earlypay for BNPL service.
    • Seven West Media finalises content deals with Facebook & Google.

    The tech sector is the worst performer today, trading 1.7% lower at 1:30pm AEST as Codan is falling 4.14%, Nuix sheds 3.86% and Altium is trading 3.2% lower.

    The Australian market is trading just 5.7 points higher at 7031.5 at 1:30pm AEST, reversing strong gains from this morning as Westpac?s 4% gain boosts the financials sector to drive the key index despite the majority of the other sectors trading in the red.

    Bitcoin is rising this afternoon, trading around US$58,000 at 1:30pm AEST. Meantime Ethereum continues to hit new records today, topping US$3,000 for the first time ever this morning and is currently trading at US$3,049.74 at 1:30pm AEST, up 3.38% in the last 24-hours as the European Investment Bank?s digital bond issuance news from last week continues to fuel an Ethereum rally.

    Australian-based wine-tech business Digital Wine Ventures today announced its subsidiary WINEDEPOT has partnered with Earlypay to create a BNPL service called LIQUIDITY for WINEDEPOT?s B2B marketplace in a bid to break the cost barrier of sales and maintain a high average order value.

    Making headlines, media giant Seven West Media announced finalised deals with Google and Facebook to provide content to the tech giants. Seven West has signed a licensing deal with Google?s parent company Alphabet, and signed a long-term agreement with Facebook.

    And the four-man SpaceX Crew-1 mission has splashed back to Earth breaking the record for the longest-ever duration for a crew launched into space in an American-built spacecraft, as the crew spent more than 5 months in space.

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa