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IndiaU.S. Trade Deal Advances as Reciprocal Tariffs Loom in July

An interim accord is anticipated before President Donald Trumps reciprocal tariffs go into force in July, as part of a multiphase trade pact between t

An interim accord is anticipated before President Donald Trumps reciprocal tariffs go into force in July, as part of a multiphase trade pact between the US and India. Market access for agricultural and industrial products, as well as nontariff barriers like quality control standards, will probably be covered in the first phase. To further talks, Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer are meeting with Commerce Minister Piyush Goyal in Washington. Between September and November, a more comprehensive second phase that covers 19 important trade areas is anticipated, possibly coinciding with Trumps trip to India for the Quad summit. The last stage, which is expected to end next year, will need clearance from the US Congress. Read More..

B2B Tech News | 1 months ago        

CATL’s Hong Kong Debut Surges 12.5% as EV Battery Leader Raises $4.6 Billion

The largest IPO of 2025 saw Chinas CATL shares rise 12.5% in their Hong Kong trading debut, raising $4.6 billion. Strong investor demand was evident w

The largest IPO of 2025 saw Chinas CATL shares rise 12.5% in their Hong Kong trading debut, raising $4.6 billion. Strong investor demand was evident when the stock started at HK$296, above its HK$263 subscription price. The retail part saw 151 times oversubscription, and the institutional tranche was 15.2 times oversubscribed. CATL intends to enable automakers such as BMW, Stellantis, and Volkswagen by using the cash to boost battery production in Europe. The listing improved market sentiment at the same time as a temporary tariff truce between the United States and China. CATLs Q1 2025 net profit increased 32.9% year over year, bolstering its 38% global market share in EV batteries. Read More..

B2B Tech News | 1 months ago        

RBA Cuts Rates to 3.85% as Australia Navigates Global Economic Uncertainty

In light of a more bleak global outlook and declining inflation, Australias central bank lowered its policy rate by 25 basis points to a twoyear low o

In light of a more bleak global outlook and declining inflation, Australias central bank lowered its policy rate by 25 basis points to a twoyear low of 3.85%. In Q1 2025, consumer price inflation slowed to 2.4%, while core inflation fell to 2.9%, bringing it back to the RBAs target range of 23%. Markets anticipate more easing amid worries over global trade, and the Australian currency dropped 0.4%. In order to avoid making further cuts, the Reserve Bank of Australia continues to exercise caution. The choice takes into account market volatility worldwide, particularly the effect of US tariffs on Australian goods. Read More..

B2B Tech News | 1 months ago        

EIB Launches €70 Billion AI and Semiconductor Plan to Strengthen EU Tech Leadership

A €70 billion AI and semiconductor investment plan is being developed by the European Investment Bank EIB to increase EU competitiveness versus the

A €70 billion AI and semiconductor investment plan is being developed by the European Investment Bank EIB to increase EU competitiveness versus the U.S. and China. With an emphasis on semiconductors, artificial intelligence, health technology, and essential commodities, the effort, known as Tech EU, seeks to draw in €250 billion in longterm investments. To support Europes tech industry, EIB President Nadia Calvino underlined the necessity of investment, market integration, and regulatory simplification. The proposal is in line with the EUs overarching objective to foster innovation and lessen dependency on foreign semiconductor suppliers. By 2027, the plan should be complete, establishing Europe as a world leader in semiconductor and artificial intelligence research. Read More..

B2B Tech News | 1 months ago        

BOJ to Raise Rates If Inflation Meets 2% Target, Says Deputy Governor Uchida

Deputy Governor Shinichi Uchida stated that if inflation continues to climb towards its 2% objective, the Bank of Japan BOJ will keep hiking interest

Deputy Governor Shinichi Uchida stated that if inflation continues to climb towards its 2% objective, the Bank of Japan BOJ will keep hiking interest rates. Because of increased U.S. tariffs, Japans GDP shrank for the first time in a year, which sparked worries about consumer spending and business profits. In spite of this, the BOJ supports additional hikes because it thinks underlying inflation will be stable. The central bank signalled a move away from ultraloose monetary policy in January by raising rates to 0.5%, its first increase in more than ten years. Economic developments will influence future rate decisions as Japan strikes a balance between price stability and growth. Read More..

B2B Tech News | 1 months ago        

Bangladesh Seeks Trade Talks With India Amid Ongoing Import Restrictions

After New Delhi recently implemented import restrictions, Bangladesh has indicated that it is open to hold trade talks with India. Bangladesh aims to

After New Delhi recently implemented import restrictions, Bangladesh has indicated that it is open to hold trade talks with India. Bangladesh aims to address trade issues through conversation, highlighting the reciprocal advantages of free trade, according to Sheikh Bashiruddin, the interim governments commerce adviser. The limitations imposed by India on readymade clothing, processed foods, and plastic products come after Bangladesh had banned the import of Indian yarn. The trade conflict has resulted in reciprocal restrictions that affect goods valued at $770 million. In order to maintain competitiveness and market access, Bangladesh seeks to restore trade stability. Before acting, the administration is expecting an official response from India. Read More..

B2B Tech News | 1 months ago        

Xiaomi to Invest $6.9 Billion in Semiconductor Chip Design Over Next Decade

As a further indication of its dedication to technological independence, Xiaomi has declared plans to invest at least $6.9 billion in semiconductor ch

As a further indication of its dedication to technological independence, Xiaomi has declared plans to invest at least $6.9 billion in semiconductor chip design over the next ten years. Lei Jun, the founder, announced the project, which intends to improve Xiaomis domestic chip development and lessen dependency on outside vendors. With more than 2,500 engineers committed to the project, Xiaomi has already spent 13.5 billion yuan since starting its chip program in 2021 to build the XringO1 smartphone chipset. In light of recent supply chain disruptions and geopolitical difficulties, the action is consistent with Chinas larger desire for independence in semiconductor technology. Read More..

B2B Tech News | 1 months ago        

Nvidia Explores Quantum Computing Investment With PsiQuantum Talks

The investment talks between Nvidia and PsiQuantum, a quantum computing startup that specialises in photonic quantum processors, are progressing. The

The investment talks between Nvidia and PsiQuantum, a quantum computing startup that specialises in photonic quantum processors, are progressing. The agreement would represent a strategic move away from AI processors and Nvidias first significant investment in a business producing actual quantum computers. PsiQuantum, which has a $6 billion premoney valuation, is now raising at least $750 million under the leadership of BlackRock. The company has already raised more than $1 billion, partnering with GlobalFoundries and obtaining government assistance in Australia and the United States. After hosting Quantum Day and opening a specialised research facility in Boston, Nvidias action is in line with its expanding interest in quantum technologies. Read More..

B2B Tech News | 1 months ago        



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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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.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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