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Ramaphosa Urges Japan to FastTrack Trade Deals, Citing 15Year Avocado Delay

Citing a 15year backlog in avocado export permissions as a warning, South African President Cyril Ramaphosa urged Japan to expedite trade discussions

Citing a 15year backlog in avocado export permissions as a warning, South African President Cyril Ramaphosa urged Japan to expedite trade discussions during the Tokyo International Conference on African Development. He invited Japanese companies to coinvest in regional value chains by positioning South Africa as a gateway to the African Continental Free Trade Area AfCFTA. Ramaphosa highlighted South Africas policy stability and investment protections while applauding Japans readiness to modify tariffs for countries in economic distress. In addition to highlighting the nations shift to renewable energy, Energy Minister Kgosientsho Ramokgopa called for $25 billion in transmission upgrades. The CEO of Toyota Tsusho and other Japanese executives expressed hope, pointing to South Africas critical position in Africas energy and automobile industries. Read More..

B2B Tech News | 1 months ago        

Google Keeps Safari Deal, Must Share Search Data with Rivals in Landmark Ruling

According to a U.S. federal judge, Google can keep its lucrative default search engine agreement with Apples Safari browser, but in order to maintain

According to a U.S. federal judge, Google can keep its lucrative default search engine agreement with Apples Safari browser, but in order to maintain fair competition, it must disclose important data with competitors. The ruling is the result of a significant antitrust case that aimed to challenge Googles hegemony in search and advertising. Google must now provide smaller search engines with anonymised user behaviour and ad performance analytics, even if the ChromeSafari agreement is still in place. Regulators contend that this will lessen Googles gatekeeping influence and level the playing field. The decision finds a middle ground between maintaining business relationships and encouraging openness. Industry observers view it as a precedentsetting action that has the potential to change Big Techs datasharing standards without upending current business models. Read More..

B2B Tech News | 1 months ago        

Reliance Set for $20B NAV Boost as China’s Overcapacity Crackdown Reshapes Supply Chains

Morgan Stanley estimates that Reliance Industries internal restructuring and Chinas crackdown on industrial overcapacity will increase the companys ne

Morgan Stanley estimates that Reliance Industries internal restructuring and Chinas crackdown on industrial overcapacity will increase the companys net asset value by $20 billion. Chinas "antiinvolution" policies, which aim to reduce fierce competition, are advantageous to the company, particularly in supply chains related to energy and solar. By 2027, Reliances integrated solar activities in India may increase newenergy earnings to 13% and reduce energy prices by 40% by 2030. Citing discounted investments in AI and FMCG, Morgan Stanley increased its 12month price objective to ₹1,701. Following the news, the stock increased by 2% and is currently trading at 21 times earnings, which is consistent with its fiveyear average. Due to positive local and international developments, analysts predict an 80% possibility of more increases within 60 days. Read More..

B2B Tech News | 1 months ago        

L&T Semiconductor Eyes China Market with Shenzhen Design Center and OEM Partnerships

Despite geopolitical difficulties, L&T Semiconductor Technologies is preparing a strategic expansion into China in order to access the largest chip ma

Despite geopolitical difficulties, L&T Semiconductor Technologies is preparing a strategic expansion into China in order to access the largest chip market in the world. The business will concentrate on analogue and mixedsignal semiconductors for the consumer electronics, industrial, and automotive industries. In order to localise production and lessen reliance on Western supply chains, it looks to form alliances with Chinese OEMs and design firms. L&Ts action is in line with Indias goal of becoming a worldwide centre for chip design and Chinas drive for semiconductor selfsufficiency. Executives stressed that the expansion will be driven by business, not politics. In order to maintain its neutrality in the face of growing tech competition between the United States and China, the corporation also intends to establish a design centre in Shenzhen and look into collaborative partnerships. Read More..

B2B Tech News | 1 months ago        

Trump Slams U.S.–India Trade as “OneSided,” Warns It’s “Getting Late” for Tariff Cuts

The relationship between the United States and India has been criticised by U.S. President Donald Trump as being "very onesided", with India selling l

The relationship between the United States and India has been criticised by U.S. President Donald Trump as being "very onesided", with India selling large quantities of goods to the United States while purchasing relatively little in return. "Its getting late," he said, adding that New Delhi has now offered to lower taxes on American exports to zero. They ought to have taken action years ago. The comments come after Washington criticised Indias purchases of Russian arms and energy and imposed 50% tariffs on Indian goods. In a robust response, India "will neither bow down nor appear weak," stated Piyush Goyal, the countrys minister of commerce. Rising trade tensions are indicated by the intensifying rhetoric, which may also change Indias international alliances as it deepens its ties with China and other nonWestern friends. Read More..

B2B Tech News | 1 months ago        

Türkiye Cuts All Trade Ties with Israel, Closes Airspace Amid Gaza Crisis

In reaction to growing tensions over the conflict in Gaza, Turkey has declared a total break with Israel in its commercial and economic relations. The

In reaction to growing tensions over the conflict in Gaza, Turkey has declared a total break with Israel in its commercial and economic relations. The action, which includes barring Israeli planes from using Turkish airspace, represents a significant diplomatic and business shift. Israels aggressive actions run the risk of enveloping the area in a wider confrontation, according to Turkish Foreign Minister Hakan Fidan. The decision comes after Israels military activities have drawn international criticism and there have been increasing civilian fatalities. One of the most forceful regional reactions, Turkeys position might have an effect on bilateral trade worth billions of dollars a year. Experts caution about repercussions for the defence, tourism, and energy industries. In light of the Gaza situation, the declaration highlights the growing geopolitical polarisation in the Middle East and Turkeys intention to impose its influence. Read More..

B2B Tech News | 1 months ago        

Japan Post Bank to Launch Digital Yen Service in 2026, Backing CBDC Push

As the first significant Japanese bank to endorse the central banks digital currency programme, Japan Post Bank intends to introduce a digital yen ser

As the first significant Japanese bank to endorse the central banks digital currency programme, Japan Post Bank intends to introduce a digital yen service in 2026. The action is in line with the Bank of Japans digital yen pilot programme, which aims to improve financial inclusion and modernise payments. The digital currency will be smoothly integrated into Japan Post Banks mobile app, enabling users to make transfers and payments. To increase usage, the bank also plans to work with fintech companies and retailers. As Japan aims to catch up to China and other countries that are developing central bank digital currencies CBDCs, this development represents a key step in the countrys digital finance strategy. Read More..

B2B Tech News | 1 months ago        

Modi–Xi Meeting Signals Thaw in India–China Ties Ahead of SCO Summit

Prime Minister Narendra Modi assured Chinese President Xi Jinping ahead of the SCO Summit in Tianjin that India is still dedicated to strengthening bi

Prime Minister Narendra Modi assured Chinese President Xi Jinping ahead of the SCO Summit in Tianjin that India is still dedicated to strengthening bilateral relations founded on respect, trust, and tact. A warming in ties was indicated by the leaders first meeting since the border conflicts in 2020. Modi invited Xi to the 2026 BRICS Summit in India and underlined the value of maintaining peace along the border. Xi suggested four measures to improve relations multilateral cooperation, mutual benefit, strategic communication, and addressing concerns. Both leaders concurred that regional stability and the wellbeing of the 2.8 billion people depend on positive IndiaChina relations. In light of international tensions, the gathering represents a turning point in readjusting Asias power dynamics. Read More..

B2B Tech News | 1 months ago        



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