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BRICS Leaders Rally Against Trump Tariffs, Back Xi’s Global Governance Plan

On September 8, BRICS leaders, led by Brazil, met virtually to discuss the rising trade tensions in the world brought on by U.S. President Donald Trum

On September 8, BRICS leaders, led by Brazil, met virtually to discuss the rising trade tensions in the world brought on by U.S. President Donald Trumps broad tariffs. Chinese President Xi Jinping promoted multilateralism and suggested a Global Governance Initiative to restructure international institutions, while Russian President Vladimir Putin joined via videoconference from Sochi. Amid concerns about inflation and slower GDP, the summit placed a strong emphasis on extending trade, financial, and investment cooperation. Xi demanded more equitable representation for the Global South and more backing from the UN. Participants included leaders from Ethiopia, South Africa, Egypt, Iran, Indonesia, the United Arab Emirates, and India. The gathering emphasised BRICSs joint opposition to unilateral trade policies that affect emerging economies and their pursuit of a more democratic international order. Read More..

B2B Tech News | 3 months ago        

Oracle Projects $500B in Cloud Revenue, Shares Jump on AI Momentum

After Oracle predicted $500 billion in longterm cloud revenue, driven by growing demand for AI technology, the companys shares jumped 3.1%. Strong dev

After Oracle predicted $500 billion in longterm cloud revenue, driven by growing demand for AI technology, the companys shares jumped 3.1%. Strong development in Oracles cloud services, particularly its collaboration with Nvidia to enable generative AI workloads, was emphasised by CEO Safra Catz. To fulfil enterprise needs, the company is investing in highperformance computing and increasing the capacity of its data centres. Oracles prediction is seen by analysts as a daring declaration of confidence in its cloud strategy, setting it up to take on Microsoft Azure and Amazon Web Services. Investors are favouring companies that facilitate the deployment of AI, and the announcement coincides with a larger tech surge. Oracle wants to play a significant role in the upcoming wave of clouddriven innovation, which is reflected in its optimistic outlook. Read More..

B2B Tech News | 3 months ago        

India Urges BRICS to Address Trade Imbalances as China Surplus Hits $99B

India asked member countries to resolve trade imbalances during the 2025 BRICS Summit, pointing out that its biggest deficits are with BRICS partners,

India asked member countries to resolve trade imbalances during the 2025 BRICS Summit, pointing out that its biggest deficits are with BRICS partners, particularly China, which reported a record $99.21 billion surplus with India. S. Jaishankar, the minister of external affairs, demanded "expeditious solutions" to restore trade balance. The group also banded together to protest U.S. President Trumps high tariffs, with China warning against "hegemonism" and Brazil accusing Washington of "blackmail." Even though India was subject to 50% U.S. tariffs, its tone was more accommodative. In their cordial discussion, Modi and Trump alluded to a potential healing of their bilateral relations. According to analysts, China and Russia regard BRICS as geopolitical, whereas India sees it as an economic platform. The summit focused on growing trade tensions and changing alliances. Read More..

B2B Tech News | 3 months ago        

India Reaffirms WTOCentred Trade Vision at SCO Ministers’ Meet in Vladivostok

India reiterated its support for a WTOcentered, rulesbased multilateral trading system at the SCO Trade Ministers Meeting in Vladivostok. Additional S

India reiterated its support for a WTOcentered, rulesbased multilateral trading system at the SCO Trade Ministers Meeting in Vladivostok. Additional Secretary Amitabh Kumar underlined the importance of an inclusive, equitable, and open trading system while speaking on behalf of Commerce Minister Piyush Goyal. India demanded that the WTOs twotier dispute resolution process be reinstated, that public stockholding for food security be permanently resolved, and that developing countries be given effective special treatment. Additionally, it called for more robust digital infrastructure, open export regulations, and supply chain diversification. India presented its ONDC, India Stack, and UPI Digital Public Infrastructure as replicable models for safe, affordable digitalisation. Additionally, the nation highlighted the AVGC industry as a new growth engine and supported climate equity through Mission LiFE. Read More..

B2B Tech News | 3 months ago        

India, Israel Sign Investment Pact to Deepen Ties in Cybersecurity and Defence

To strengthen economic relations, particularly in the areas of cybersecurity, military, fintech, and digital payments, India and Israel inked a bilate

To strengthen economic relations, particularly in the areas of cybersecurity, military, fintech, and digital payments, India and Israel inked a bilateral investment deal in New Delhi. Farright Israeli Finance Minister Bezalel Smotrich, who has been sanctioned by a number of Western countries, and Indian Minister Nirmala Sitharaman signed the agreement. In 2024, bilateral investments totalled $800 million, mostly in defence, and bilateral trade reached $3.9 billion. India, Israels largest supplier of munitions, provided them as well during Israels conflict in Gaza. India has repressed proPalestine demonstrations and abstained from UN votes critical of Israel, even though it supports a twostate solution. In light of changing international alliances and escalating tensions with the United States and China, the deal represents New Delhis strategic turn towards Israel. Read More..

B2B Tech News | 3 months ago        

Nasdaq Files to Launch Tokenized Securities Trading by Late 2026

With the goal of modernising capital markets through blockchainbased assets, Nasdaq is getting ready to start trading tokenised securities. Faster set

With the goal of modernising capital markets through blockchainbased assets, Nasdaq is getting ready to start trading tokenised securities. Faster settlement, lower costs, and increased transparency will be made possible by the initiatives ability to represent traditional financial instruments—such as stocks and bonds—as digital tokens. With pilot programs anticipated in 2026, Nasdaq is collaborating with tech partners and authorities to guarantee scalability and compliance. The action is in line with more general trends in financial innovation and indicates increased institutional interest in distributed ledger technology. Nasdaq hopes to draw in fintech companies and international investors seeking more effective trading infrastructure by embracing tokenisation. The way securities are issued, traded, and managed on international markets may change as a result of this strategic change, according to analysts. Read More..

B2B Tech News | 3 months ago        

Nebius Signs $1.74B AI Infrastructure Deal with Microsoft to Scale Globally

Microsoft and Nebius have inked a $1.74 billion AI infrastructure agreement to expand Nebiuss cloud and AI capabilities. The arrangement covers advanc

Microsoft and Nebius have inked a $1.74 billion AI infrastructure agreement to expand Nebiuss cloud and AI capabilities. The arrangement covers advanced compute clusters, data centre development, and integration with Microsoft Azure services. Nebius wants to handle largescale AI workloads in Europe and Asia and broaden its enterprise services. Nebiuss stock rose more than 12% after the announcement, indicating that investors were confident in the strategic alliance. By utilising Microsofts experience to expand operations and draw in enterprise clients, the agreement establishes Nebius as a leading force in the global AI infrastructure race. The move is seen by analysts as a counterbalance to cloud supremacy that is centred on the United States and as a boost to regional tech sovereignty. It is anticipated that deployment will start in early 2026. Read More..

B2B Tech News | 3 months ago        

Rand Rises 0.4% as South Africa’s Reserves Beat Forecasts

On September 5, the South African rand gained 0.4%, closing at 17.71 versus the US dollar, following central bank data that showed net foreign reserve

On September 5, the South African rand gained 0.4%, closing at 17.71 versus the US dollar, following central bank data that showed net foreign reserves rose from $65.143 billion in July to $65.899 billion in August. Nedbanks prediction of $65.2 billion was surpassed by the increase, which improved investor sentiment. According to Ipsos polling, the rand has already depreciated because of a stronger dollar and waning support for South Africas government of national unity as political disputes damaged public trust. Bearish mood was linked to political and economic uncertainties, according to ETM Analytics. With yields falling 2 basis points to 9.625%, South Africas benchmark 2035 bond likewise saw an increase. Amid wider worries about the volatility of emerging economies, the reserve data assisted in stabilising markets. Read More..

B2B Tech News | 3 months ago        



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