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Ontario Premier Doug Ford Pauses Retaliatory Measures Against U.S. After Tariff Postponement

After President Donald Trump postponed duties on Canadian imports for 30 days, Ontario Premier Doug Ford halted several retaliatory actions against th

After President Donald Trump postponed duties on Canadian imports for 30 days, Ontario Premier Doug Ford halted several retaliatory actions against the U.S., including the cancellation of a C$100 million contract with Elon Musks Starlink. At first, Ford planned to compel the removal of American goods from liquor store shelves and prohibit U.S. corporations from provincial agreements. He underlined that this halt helps avoid serious economic harm and permits further negotiations. The Starlink agreement allowed fifteen thousand distant homes and businesses highspeed internet connections. However, with Prime Minister Justin Trudeau proposing 25% tariffs on C$155 billion worth of U.S. goods, Ford cautioned that the continued ambiguity in the commercial relationship with the U.S. could endanger possible developments in Ontario. Read More..

B2B Tech News | 2 months ago        

Malaysia to Strengthen Trade Relations with China, Russia, and Brazil Amid U.S. Tariff Uncertainty

Malaysian Prime Minister Anwar Ibrahim declared that instead of waiting for possible U.S. trade penalties to pass, the nation would aggressively impro

Malaysian Prime Minister Anwar Ibrahim declared that instead of waiting for possible U.S. trade penalties to pass, the nation would aggressively improve economic ties with countries like China, Russia, and Brazil. Anwar pointed out during a parliamentary session that waiting for U.S. tariffs could have a detrimental effect on Malaysia, particularly in light of the uncertainties surrounding President Donald Trumps temporary suspension of duties on Canada and Mexico. Anwar emphasised the importance of Malaysia taking aggressive and cautious steps to broaden its network of trading partners, given the ongoing U.S. tariffs on China and the geopolitical uncertainties that impact global trade dynamics. Read More..

B2B Tech News | 2 months ago        

OpenAI Partners with Kakao to Develop AI Products in South Korea

This week, OpenAI revealed its second major Asian partnership a collaboration to build artificial intelligence products with Kakao of South Korea. CEO

This week, OpenAI revealed its second major Asian partnership a collaboration to build artificial intelligence products with Kakao of South Korea. CEO Sam Altman is in the region to meet with Indian Prime Minister Narendra Modi, who has announced a partnership with Japans SoftBank Group. With a focus on AI and communications, Kakao, the company behind the popular messaging app KakaoTalk, wants to include OpenAIs technology in its offerings. Altman emphasised the value of Korean businesses contributions to the Stargate data centre project in the United States. Additionally, he met with SK Group and intends to meet with Samsungs head. With significant investment, the South Korean government hopes to establish a national AI computing centre. After the news, Kakaos stock increased. Read More..

B2B Tech News | 2 months ago        

Finance Minister Nirmala Sitharaman Unveils BharatTradeNet to Streamline Trade Documentation

BharatTradeNet BTN, a single digital network created to expedite trade documentation and funding, was unveiled by Finance Minister Nirmala Sitharaman

BharatTradeNet BTN, a single digital network created to expedite trade documentation and funding, was unveiled by Finance Minister Nirmala Sitharaman in the Union Budget 2025. BTN seeks to integrate essential parties, such as exporters, banks, the Directorate General of Foreign Trade, customs, and the Goods and Services Tax Network, to eliminate paperbased procedures and lower traderelated expenses. Furthermore, ₹2,250 crore has been suggested for an Export Promotion Mission. The ministries of finance, micro, small and mediumsized businesses MSME, and trade and industry will work together to advance this aim. It seeks to make export finance accessible, boost crossborder factoring, and help MSMEs deal with nontariff trade restrictions in foreign markets. Read More..

B2B Tech News | 2 months ago        

Ecuador and Canada Finalize Trade Agreement to Boost Job Growth Across Multiple Sectors

After months of negotiations, Ecuadorean President Daniel Noboa declared on social media that a new trade agreement was finalised between Ecuador and

After months of negotiations, Ecuadorean President Daniel Noboa declared on social media that a new trade agreement was finalised between Ecuador and Canada. The deal is anticipated to boost job development in several industries, including flowers, canned tuna, textiles, and auto components. To establish a more sustainable and fair trade partnership, Noboa emphasised that the agreement contains pledges from both nations respecting labour and environmental policy. Read More..

B2B Tech News | 2 months ago        

SoftBank and OpenAI Form Joint Venture to Deliver AI Solutions to Japanese Corporates

Masayoshi Son, the CEO of SoftBank Group, and Sam Altman, the CEO of OpenAI, unveiled a new joint venture on Monday that will offer artificial intelli

Masayoshi Son, the CEO of SoftBank Group, and Sam Altman, the CEO of OpenAI, unveiled a new joint venture on Monday that will offer artificial intelligence services to Japanese business clients. This partnership is a component of SoftBanks more significant intention to invest $15 billion to $25 billion in OpenAI. In addition, SoftBank is investing $15 billion in a joint venture called Stargate, which will be partnered with OpenAI and Oracle to improve AI capabilities in the United States. Son made his second public appearance besides Donald Trump since his election as president earlier that month when the Stargate initiative was introduced. This week, Japanese Prime Minister Shigeru Ishiba is set to meet Trump for the first time. Read More..

B2B Tech News | 2 months ago        

India’s Review of Crypto Policies Follows U.S. Move to Regulate Digital Assets

According to Economic Affairs Secretary Ajay Seth, India is reevaluating its stance on cryptocurrencies in light of shifting worldwide perceptions of

According to Economic Affairs Secretary Ajay Seth, India is reevaluating its stance on cryptocurrencies in light of shifting worldwide perceptions of virtual assets. The U.S., where President Donald Trump proposed the creation of a cryptocurrency working group to regulate digital assets and investigate a national cryptocurrency stockpile, is one of the countries that has recently implemented cryptofriendly regulations. Seth underlined that as cryptocurrencies are international assets, Indias stance cannot be unilateral. Indian investors are still using cryptocurrencies despite strict laws and steep trade taxes. In contrast to the central banks warnings about the economic hazards posed by offshore exchanges, the Financial Intelligence Unit FIU has taken action against them for noncompliance, and last year, Indias market regulator expressed a willingness to allow private virtual assets. Read More..

B2B Tech News | 2 months ago        

Union Budget 202526 New Tax Slabs Exempt ₹12 Lakh Earners from Income Tax

With new tax bands and no income tax on yearly incomes up to ₹12 lakh, or ₹1 lakh per month, the Union Budget 2025–2026 seeks to assist the midd

With new tax bands and no income tax on yearly incomes up to ₹12 lakh, or ₹1 lakh per month, the Union Budget 2025–2026 seeks to assist the middle class while encouraging savings and spending. Enhancing MSMEs credit, farmer loans, and rural development assistance are essential. The budget invests significantly in the four development engines—agriculture, MSMEs, investment, and exports. With revised return filing timeframes and adjustments to TDS thresholds, direct tax reforms target the middle class. To emphasise the significance of democracy, demography, and demand in Indias growth trajectory, the government strongly emphasises infrastructure investment, export promotion, and local manufacturing. Read More..

B2B Tech News | 2 months ago        



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