Header-template

BUSINESS NEWS

Global Trade Turmoil Drives Gold Prices to MultiYear Highs Amid Safety Scramble

Gold prices recorded their biggest weekly gain in five years on October 26th, driven by intensified global trade tensions and mounting geopolitical un

Gold prices recorded their biggest weekly gain in five years on October 26th, driven by intensified global trade tensions and mounting geopolitical uncertainty. As the US and China escalated tariff threats earlier in the month, investors aggressively sought safehaven assets, pushing COMEX gold prices near $4,400 per ounce. The surge highlights deep market anxieties over trade war fallout, potential global economic slowdown, and political instability. Although a tentative ceasefire in rhetoric offered a lateweek correction, the underlying concerns about institutional credibility and geopolitical unrest continue to support strategic buying in bullion. Read More..

B2B Tech News | 1 months ago        

Oil Prices Jump as USChina Trade Framework Eases Geopolitical Tensions

Oil prices saw a significant rise on October 27th after the United States and China announced they had agreed on a framework for a potential trade dea

Oil prices saw a significant rise on October 27th after the United States and China announced they had agreed on a framework for a potential trade deal. This progress in relations between the worlds two largest oil consumers alleviated market fears that escalating tariffs and export controls would slow global economic growth and reduce oil demand. Brent crude futures jumped by nearly 0.7%, reflecting improved market sentiment. The positive trade development helped to counter the earlier price pressure caused by sanctions imposed on Russian energy and countered concerns of crude oversupply. Read More..

B2B Tech News | 1 months ago        

IMF Urges Brazil to Increase Fiscal Rigour to Anchor Inflation Expectations

The International Monetary Fund IMF concluded its Article IV consultation with Brazil on October 12th, issuing a strong recommendation for the country

The International Monetary Fund IMF concluded its Article IV consultation with Brazil on October 12th, issuing a strong recommendation for the country to step up its efforts to achieve fiscal rigour. While acknowledging the central banks successful reduction of inflation, the IMF warned that without tighter control over government spending, the central banks efforts could be undermined. The recommendation emphasizes that sustainable, longterm economic growth hinges on budgetary discipline to prevent inflationary pressures and maintain the credibility of the inflationtargeting framework. This advice is critical for attracting sustained foreign investment into the South American economy. Read More..

B2B Tech News | 1 months ago        

Opec+ Surprises Markets by Announcing Further 500,000 bpd Oil Production Cut

The Opec+ alliance delivered an unexpected jolt to the global energy markets on October 14th by announcing an additional 500,000 barrels per day bpd o

The Opec+ alliance delivered an unexpected jolt to the global energy markets on October 14th by announcing an additional 500,000 barrels per day bpd oil production cut, effective immediately. The move, intended to stabilize falling prices, immediately sent Brent crude futures soaring above $95 per barrel. Analysts were caught off guard, as the decision signaled Opec+s aggressive posture in managing the supplydemand balance amid concerns over global economic cooling. This policy decision is expected to maintain upward pressure on global inflation and pose continued challenges for central banks worldwide. Read More..

B2B Tech News | 1 months ago        

WTO Cuts Global Trade Growth Forecast Amid Geopolitical and Supply Chain Disruptions

The World Trade Organization WTO announced on October 14th that it was revising its forecast for global merchandise trade volume growth down to 2.5% f

The World Trade Organization WTO announced on October 14th that it was revising its forecast for global merchandise trade volume growth down to 2.5% for 2026, citing intensifying geopolitical tensions and increasing protectionist measures. The downward revision reflects concerns over the fragmentation of global supply chains and the impact of the USChina tariff standoff. WTO DirectorGeneral Ngozi OkonjoIweala stressed that restoring confidence in the multilateral trading system is crucial to reversing the negative trend. The report serves as a warning that trade policy uncertainty is a primary driver of the global economic slowdown. Read More..

B2B Tech News | 1 months ago        

Bank of America Posts Strong Q3 Earnings, Driven by Resilient Consumer Spending

Bank of America BofA reported robust thirdquarter 2025 earnings on October 14th, with its financial results surpassing Wall Street expectations. The b

Bank of America BofA reported robust thirdquarter 2025 earnings on October 14th, with its financial results surpassing Wall Street expectations. The banks performance was primarily fueled by strong Net Interest Income NII, which benefited from higher interest rates and steady growth in consumer loan balances, particularly in credit card and auto loans. The results indicate that consumer spending remains resilient despite persistent inflation pressures. CEO Brian Moynihan emphasized the bank’s strong deposit base and reaffirmed guidance for moderate loan growth, signaling stability in the US financial sector. Read More..

B2B Tech News | 1 months ago        

Tata Steel Announces Major Restructuring Plans to Spin Off European and Southeast Asian Assets

Tata Steel announced a significant corporate restructuring plan on October 14th aimed at simplifying its global portfolio. The plan involves spinning

Tata Steel announced a significant corporate restructuring plan on October 14th aimed at simplifying its global portfolio. The plan involves spinning off its entire European and Southeast Asian operations into a new, independently financed entity. This move allows the core listed Tata Steel entity to focus exclusively on the highgrowth, highmargin Indian domestic market, where the company enjoys a dominant position. Analysts view the restructuring as a strategic move to unlock shareholder value by isolating the capitalintensive and often lowermargin international operations from the financially robust Indian business. Read More..

B2B Tech News | 1 months ago        

Botswana Central Bank Holds Key Rate Steady for Third Consecutive Monetary Policy Meeting

The Bank of Botswana BoB announced on October 16th that it would hold its key monetary policy rate steady for the third consecutive meeting. This deci

The Bank of Botswana BoB announced on October 16th that it would hold its key monetary policy rate steady for the third consecutive meeting. This decision reflects the central banks confidence that its current policy stance is adequately managing inflation risks while supporting economic growth. The BoB noted that inflation remains within the banks target range and that the domestic economy shows resilience despite global headwinds. The consistent policy provides a predictable financial environment, reinforcing Botswanas reputation for macroeconomic stability in the southern African region. Read More..

B2B Tech News | 1 months 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.
   15338   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   12813   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   13186   

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.
   12933   

5.  Approximately 8 billion gadgets connect on the internet every day.
   16022   



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.