Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

BUSINESS NEWS

US and German Bonds Surge Amidst Fiscal Concerns

Government bond prices have fallen during the third quarter, with U.S. and German government bond yields recording their highest quarterly increases i

Government bond prices have fallen during the third quarter, with U.S. and German government bond yields recording their highest quarterly increases in a year due to fiscal concerns and worries about persistently highinterest rates. For fund managers anticipating recovery from the losses experienced in 2022 due to interest rate hikes by central banks, this is a disappointment. Equities have experienced their first quarterly decline of the year as a result of the rise in yields, particularly in the U.S. Hawkish central banks, along with other reasons like budgetary concerns and rising oil costs, have contributed to the turmoil in the bond market, forcing investors to change their expectations. While some predict that yields will reach 5%, others still believe shorterdated bonds offer chances. Read More..

B2B Tech News | 2 days ago        

Yens Dive to 150/Dollar Stirs Up Intervention Fears

The rapid slide of the Japanese yen, now close to 150 to the dollar, has sparked worries about possible intervention by Japanese authorities. The Bank

The rapid slide of the Japanese yen, now close to 150 to the dollar, has sparked worries about possible intervention by Japanese authorities. The Bank of Japans hesitation to end its ultraaccommodative monetary policy while the U.S. Federal Reserve considers tightening measures is mostly to blame for this decrease. The difference in longterm rates between the two nations, which has widened dramatically in favour of the dollar, is often reflected in the dollaryen exchange rate. Given its symbolic significance and effects on living expenses, many believe that the 150 yen to the dollar level is a crucial threshold for government intervention. Read More..

B2B Tech News | 2 days ago        

Pakistans $11 Billion Bid for Economic Revival

To strengthen its economy, Pakistan is looking to China and Saudi Arabia for $11 billion in bilateral assistance. Its priorities are to increase its t

To strengthen its economy, Pakistan is looking to China and Saudi Arabia for $11 billion in bilateral assistance. Its priorities are to increase its tax base, stop illicit currency transfers, and maintain the IMF programs stability until the next elected government assumes power. The interim finance minister, Dr Shamshad Akhtar, talked about distributing a portion of the Benazir Income Support Programme to the provinces by IMF guidelines. She emphasised the governments dedication to IMF reforms and closing the funding deficit with foreign sources. Akhtar also emphasised the need for legislative adjustments to effectively include the retail, agricultural, and real estate sectors in the tax net. He encouraged businesses and exporters to make their investments in exports. Read More..

B2B Tech News | 2 days ago        

Oil Prices Slip as Russia and Saudi Arabia Boost Supply

Profittaking and projected increases in production from Russia and Saudi Arabia contributed to the decrease in oil prices. United States West Texas In

Profittaking and projected increases in production from Russia and Saudi Arabia contributed to the decrease in oil prices. United States West Texas Intermediate crude WTI declined 8 cents to $91.63 per barrel, and Brent November futures fell 21 cents to $95.17 per barrel. As part of OPEC+, Saudi Arabia and Russia have reduced their daily production by 1.3 million barrels. Still, Russia has relaxed its export restrictions, boosting supply expectations. Global oil consumption was boosted by favourable macroeconomic indicators and Chinas Golden Week holiday. But worries about a potential global recession, which would affect shortterm oil consumption, continue to exist. Read More..

B2B Tech News | 2 days ago        

UAEs Entry into BRICS Promises Global Economic Reshaping

The imminent inclusion of the UAE into the influential BRICS alliance next year is expected to greatly enhance its global influence and open up new av

The imminent inclusion of the UAE into the influential BRICS alliance next year is expected to greatly enhance its global influence and open up new avenues for trade and investment within one of the worlds major economic groups, according to experts. Known for its focus on innovation, advanced technologies, and sustainable development, the UAEs entry is poised to stimulate diversification and expansion in the BRICS economies, which collectively represent roughly 40% of the worlds population. This strategic move is set to bring economic benefits to the UAE while simultaneously fueling diversification and growth within the BRICS economies, fostering stronger trade and investment partnerships, knowledge sharing, and collaborative initiatives across various sectors like technology, energy, and finance. Read More..

B2B Tech News | 3 days ago        

Cryptocurrency giant Binance offloads Russian arm amid war in Ukraine

Binance, the worlds largest cryptocurrency exchange, has announced the sale of its Russian business to the newlyestablished exchange CommEX, joining t

Binance, the worlds largest cryptocurrency exchange, has announced the sale of its Russian business to the newlyestablished exchange CommEX, joining the growing list of companies exiting Moscow due to Russias war in Ukraine. The financial details of the deal remain undisclosed, with Binance confirming it wont retain ongoing revenue or an option to repurchase shares in the Russian business. Binances Chief Compliance Officer, Noah Perlman, cited incompatibility with Binances compliance strategy for their withdrawal from Russia. The migration of users and assets will be carried out orderly over the course of a year. CommEX, backed by crypto venture capitalists, recently launched its exchange. Many Western companies have divested or handed over Russian assets in response to sanctions and threats from the Kremlin. Read More..

B2B Tech News | 3 days ago        

Microsoft benefits from enhanced availability of Nvidia AI chips

Microsofts technology chief, Kevin Scott, noted an improved access to Nvidias AIfocused GPUs compared to previous months. The high demand for these ch

Microsofts technology chief, Kevin Scott, noted an improved access to Nvidias AIfocused GPUs compared to previous months. The high demand for these chips surged following the launch of OpenAIs ChatGPT chatbot, supported by Microsoft. Similar to other tech giants like Google, Microsoft has rapidly integrated generative AI into its products and offered these capabilities to clients, relying heavily on Nvidias GPUs for training and deploying AI models. This demand has led to supply shortages. Nvidia anticipates a 170% revenue growth compared to the previous year, with their control of the AI chip market resulting in a remarkable rise in gross margin and stock price, up 190% in 2023. They also plan to increase supply in the coming quarters. Read More..

B2B Tech News | 3 days ago        

Oil market buzz prices reach their peak of 2023

Oil prices soared to their highest level in over a year during Asian trading, driven by a sharp decline in crude inventories at the Cushing storage hu

Oil prices soared to their highest level in over a year during Asian trading, driven by a sharp decline in crude inventories at the Cushing storage hub, which reached its lowest point since July the previous year. Data from the U.S. Energy Information Administration revealed a drop of 943,000 barrels compared to the previous week, with U.S. West Texas Intermediate futures peaking at $95.03 per barrel, the highest since August 2022. Meanwhile, the global benchmark Brent rose by 1.05% to $97.56 a barrel. Expectations are for elevated oil prices through the year, with OPEC+ supply restrictions, including Russias export reduction and Saudi Arabias production cut extension, posing potential upside risks. Read More..

B2B Tech News | 3 days ago        



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   1152   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   1053   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   1342   

4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
   1533   

5.  Approximately 8 billion gadgets connect on the internet every day.
   2526   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.

12 votes, Poll active
Footer-template

We take pleasure in providing the most up-to-date business and technology news, tailored for a seamless experience with content that takes less than one minute to read.

Quick Links

Follow Us


Contact Us

  7 Bell Yard, London, WC2A 2JR.

  info@b2btechnews.com

  +1 (559) (869) (8939)

Copyright © 2023 All Rights Reserved. made with by Webleads.

 Privacy Policy | Unsubscribe |  California: Do Not Sell My Personal Information |  CASL-Policy  |  Preferences