Header-template

 Global News

Subscribe our Newsletter

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

BUSINESS NEWS

Virgin Australia Returns to Stock Market With $442.8 Million IPO

Virgin Australia will make its stock market comeback after five years under Bain Capital management with an IPO that is expected to garner $442.8 mill

Virgin Australia will make its stock market comeback after five years under Bain Capital management with an IPO that is expected to garner $442.8 million. With 236.2 million shares sold at A$2.90 each, the airline will have a fully diluted valuation of A$2.32 billion. With Qatar Airways holding a 23% stake, Bains ownership will decrease from 70% to 39.4%. Virgins enterprise value, including its A$1.31 billion in net debt, is A$3.6 billion. Trading is scheduled to start on June 24 after the IPO, which is Australias biggest this year, closes institutional bookbuilding on Thursday. Read More..

B2B Tech News | 15 hours ago        

Piyush Goyal Urges Stronger IndiaFrance Trade Ties Amid EU Regulatory Challenges

With a focus on navigating EU laws and expanding bilateral investments, Indias Commerce Minister Piyush Goyal has urged companies to fortify economic

With a focus on navigating EU laws and expanding bilateral investments, Indias Commerce Minister Piyush Goyal has urged companies to fortify economic links between France and India. During his speech in Paris, Goyal emphasised how India could assist French companies in increasing their manufacturing competitiveness and accessing international markets. In order to expedite trade deals and lessen regulatory obligations, he suggested forming working groups to investigate AI, finance, and technological partnerships. Goyal emphasised that although bilateral commerce between France and India reached $15.3 billion in 2024–2025, the full potential is still unrealised. He reiterated Indias dedication to a fair free trade agreement with the EU, guaranteeing reciprocal recognition of rules to promote corporate growth. Read More..

B2B Tech News | 15 hours ago        

WTO Chief Urges India to Support ChinaLed Investment Facilitation Pact

India has been urged to back the Chinaled Investment Facilitation for Development IFD accord, which is supported by 90 out of 126 WTO members, by Worl

India has been urged to back the Chinaled Investment Facilitation for Development IFD accord, which is supported by 90 out of 126 WTO members, by World Trade Organisation WTO chief Ngozi OkonjoIweala. She underlined Indias leadership role in global trade reform and the necessity of WTO modernisation while speaking at a miniministerial meeting in Paris. India has argued against the deal because it may restrict policy autonomy and divert the WTOs attention from issues pertaining to trade. India demands consensusbased decisionmaking, despite the IFDs efforts to streamline investment procedures. The WTO president also indicated ongoing talks on trade governance by talking with Commerce Minister Piyush Goyal about reforms in agriculture and dispute resolution. Read More..

B2B Tech News | 15 hours ago        

Meta Secures 20Year Nuclear Power Deal to Support AI Expansion

With the signing of a 20year power contract with Constellation Energy, Meta has secured nuclear electricity to fulfil its expanding energy needs for d

With the signing of a 20year power contract with Constellation Energy, Meta has secured nuclear electricity to fulfil its expanding energy needs for data centres and artificial intelligence. Through the agreement, Illinois Clinton Clean Energy Centre will continue to operate, increasing its output by 30 megawatts and protecting 1,100 local jobs. Through the deal, Meta will be able to promote renewable energy infrastructure without using public funds, replacing Illinois zeroemission credit program, which is set to expire in 2027. Urvi Parekh, Head of Global Energy at Meta, underlined the necessity of dependable, emissionfree power to further AI goals. Following comparable investments by Microsoft, Google, and Amazon, the move is consistent with Big Techs push towards nuclear energy. Read More..

B2B Tech News | 15 hours ago        

Microsoft Invests $400 Million to Expand AI and Cloud Infrastructure in Switzerland

Microsoft is reaffirming its dedication to digital innovation by spending $400 million in Switzerland to grow its cloud computing and AI infrastructur

Microsoft is reaffirming its dedication to digital innovation by spending $400 million in Switzerland to grow its cloud computing and AI infrastructure. The news came at a meeting between Microsoft Vice Chair Brad Smith and Swiss Economy Minister Guy Parmelin in Bern. To meet the growing demand for AIdriven cloud services, the money will be utilised to update four data centres close to Geneva and Zurich. Additionally, Microsoft will collaborate with Swiss SMEs and startups to assist worker training and the use of AI. The extension benefits government, healthcare, and finance by guaranteeing data localisation within Swiss borders. Smith highlighted Switzerlands robust innovation environment, establishing the nation as a major European powerhouse for artificial intelligence. Read More..

B2B Tech News | 1 days ago        

China Condemns U.S. AI Chip Export Restrictions, Calls Them Trade Violations

China has accused the U.S. of violating trade agreements by rescinding student visas and imposing additional export restrictions on AI chips. Tensions

China has accused the U.S. of violating trade agreements by rescinding student visas and imposing additional export restrictions on AI chips. Tensions between the two countries have escalated as a result of the U.S. lately limiting sales of AI chips and banning the export of chip design tools. Chinas commerce ministry denied claims of breaking trade agreements, saying it has complied with its obligations while the United States has taken unilateral action. The dispute comes after both nations agreed to lower high tariffs during a 90day trade ceasefire. China emphasised its will to protect national interests while threatening reprisal actions. The confrontation highlights growing trade and technology disputes, with semiconductor dominance and artificial intelligence at the root of geopolitical concerns. Read More..

B2B Tech News | 1 days ago        

ADB President Warns Tariff War Could Slow Global Demand and Investment

Masato Kanda, president of the Asian Development Bank ADB, cautioned that the protracted tariff war will reduce global demand and burden capital inves

Masato Kanda, president of the Asian Development Bank ADB, cautioned that the protracted tariff war will reduce global demand and burden capital investment, especially in developing Asian nations. Speaking in New Delhi, Kanda underlined the necessity of legislative changes and trade diversification in order to reduce risks. Over a fiveyear period, ADB has pledged $10 billion to improve Indias urban infrastructure, including rapid transit and metro extensions. Indias GDP is predicted by the bank to rise at a rate of 6.7% in FY26 and 6.8% in FY27, outpacing that of other developing Asian nations. In order to increase economic resilience in the face of uncertainty surrounding international trade, Kanda advised authorities to expedite trade deals, especially those with the EU and the UK. Read More..

B2B Tech News | 1 days ago        

TSMC CEO AI Chip Demand Surging Despite U.S. Tariffs

According to TSMC CEO C.C. Wei, the company is somewhat impacted by U.S. tariffs, but demand for AI chips is still high and continuously surpasses sup

According to TSMC CEO C.C. Wei, the company is somewhat impacted by U.S. tariffs, but demand for AI chips is still high and continuously surpasses supply. Wei explained during TSMCs annual shareholders meeting that importers, not exporters, are impacted by tariffs, which could reduce demand by raising prices marginally. TSMC has not noticed any changes in customer behaviour despite trade uncertainty, and the situation can clarify itself in the upcoming months. The business reiterated its optimistic outlook while highlighting its dedication to satisfying the demand for AIdriven chips. Wei also denied rumours that TSMC was constructing factories in the United Arab Emirates, claiming that the business had no such intentions. Read More..

B2B Tech News | 1 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.
   8229   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   6804   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   7151   

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.
   7247   

5.  Approximately 8 billion gadgets connect on the internet every day.
   8374   



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.