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Trump and Xi Hold First Formal Call, Discuss Trade Tensions and Tariff Disputes

On June 5, Chinese President Xi Jinping and U.S. President Donald Trump spoke over the phone for the first time since Trumps inauguration. Both presid

On June 5, Chinese President Xi Jinping and U.S. President Donald Trump spoke over the phone for the first time since Trumps inauguration. Both presidents addressed worries about tariff conflicts and vital minerals during the trade tensions talk, which was started at Trumps request. The call comes after Beijing and Washington accused each other of violating a 90day trade agreement about lowering tariffs. The discussion was "very positive," according to Trump, who hinted at possible trade talks in the upcoming weeks. While Trump stressed the necessity of direct interaction to settle problems, Xi urged the U.S. to remove restrictive measures. Read More..

B2B Tech News | 1 months ago        

ECB Cuts Interest Rates for Eighth Time as Inflation Hits 2% Target

As inflation hits its 2% target, the European Central Bank ECB has lowered interest rates once more, for the eighth time in a yearlong easing cycle. N

As inflation hits its 2% target, the European Central Bank ECB has lowered interest rates once more, for the eighth time in a yearlong easing cycle. Now at 2%, the deposit rate is regarded as neutral, neither promoting nor impeding growth. In light of trade uncertainty and economic changes, investors expect a pause in July while officials debate whether additional cutbacks are required. Avoiding precommitments on future rate courses, ECB President Christine Lagarde stressed a datadriven approach. Citing weaker eurozone GDP and U.S. trade policies as major drivers, the ECB has also reduced its inflation prediction for 2026. Read More..

B2B Tech News | 1 months ago        

Britain’s Industrial Strategy Faces Challenges Amid High Energy Costs

As parliamentarians and industry leaders call on the government to reduce energy costs in order to preserve global competitiveness, Britains future in

As parliamentarians and industry leaders call on the government to reduce energy costs in order to preserve global competitiveness, Britains future industrial plan faces difficulties. High electricity costs are discouraging investment and industrial growth, despite the strategys goal of promoting economic growth. It will be announced alongside a multiyear spending review. The industry group Make UK calls for the abolition of the environment levy in order to reduce expenses, stating that industrial energy bills in Britain are the highest among major economies. The Confederation of British Industry also supports the removal of policy costs from electricity rates, highlighting the need for assistance in decarbonising energyintensive firms. Experts worry that Britains manufacturing sector may find it difficult to compete globally if nothing is done. Read More..

B2B Tech News | 1 months ago        

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 | 1 months 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 | 1 months 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 | 1 months 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 | 1 months 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 months ago        



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