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Trump Signals U.S.China Trade Talks Amid Beijing’s Economic Slowdown

Former US President Donald Trump hinted at possible discussions to resolve current tariff tensions when he stated that China is willing to negotiate a

Former US President Donald Trump hinted at possible discussions to resolve current tariff tensions when he stated that China is willing to negotiate a trade agreement. Trump emphasised that the United States and China will meet at the "appropriate time," implying that the timing of the talks might be carefully considered to optimise economic benefits. Additionally, he hinted at potential renegotiations of the USMCA, suggesting more significant changes to trade policy. The comments coincide with Chinas economic downturn, during which Beijing is reportedly seeking to lower tariffs to stabilise exports. Read More..

B2B Tech News | 3 months ago        

Gold Fields Acquires Gold Road for $2.4 Billion Amid Gold Price Surge

The Gruyere gold mine in Western Australia will now be owned by South Africas Gold Fields after the two countries agreed to pay $2.4 billion to acquir

The Gruyere gold mine in Western Australia will now be owned by South Africas Gold Fields after the two countries agreed to pay $2.4 billion to acquire Australias Gold Road Resources. Finalised after Gold Road turned down a previous approach, the deal offers a 43% premium to the companys March closing price, valuing it at A$3.7 billion. The purchase coincides with recordhigh gold prices—above $3,000 per troy ounce—which are driving a surge in mergers in the gold industry. CEO of Gold Fields Mike Fraser highlighted the strategic advantages, pointing to increased production potential and land availability. The business will reinforce its worldwide mining portfolio by financing the acquisition using bridge finance and robust cash flow. Read More..

B2B Tech News | 3 months ago        

IndiaUK Free Trade Agreement Sets New Standard for Global Trade Deals

With the completion of their historic Free Trade Agreement FTA, India and the UK have set a new standard for future trade agreements. The deal, reache

With the completion of their historic Free Trade Agreement FTA, India and the UK have set a new standard for future trade agreements. The deal, reached after three years of negotiations, ensures dutyfree access to the UK market for 99 percent of Indian exports, benefiting industries such as leather, textiles, marine products, and auto components. Ninety percent of tariff lines will experience reduced import charges from India, and within ten years, 85% will be completely tarifffree. Additionally, the FTA streamlines skilled worker mobility, thereby enhancing bilateral investment and trade. By 2030, the agreement is expected to triple trade volume to $100 billion, solidifying Indias status as the worlds leading trading nation. Read More..

B2B Tech News | 3 months ago        

AMD Forecasts $7.4 Billion Revenue Amid Strong AI Chip Demand

Strong demand for AI chips has led AMD to project secondquarter sales of approximately £7.4 billion, exceeding Wall Streets expectation of £7.25 bil

Strong demand for AI chips has led AMD to project secondquarter sales of approximately £7.4 billion, exceeding Wall Streets expectation of £7.25 billion. AMD anticipates doubledigit growth in its data centre AI business, thereby strengthening its competitive position against Nvidia, despite U.S. export restrictions on AI processors to China. The company expects these restrictions to reduce revenue by £1.5 billion, yet remains optimistic about AI sales in the long term. AMDs data centre division grew by 57% year on year to £3.7 billion, reflecting Microsoft and Metas ongoing commitment. AMDs resilience in the face of trade concerns is underscored by this positive prediction, positioning the company for substantial growth in 2025. Read More..

B2B Tech News | 3 months ago        

Binance and Kyrgyzstan Partner to Expand Crypto Payments and Web3 Adoption

Binance has teamed up with the National Agency for Investments of the Kyrgyz Republic to launch cryptocurrency payments and raise awareness of Web3. S

Binance has teamed up with the National Agency for Investments of the Kyrgyz Republic to launch cryptocurrency payments and raise awareness of Web3. Signed at the Council for the Development of Digital Assets, the deal allows cryptocurrency transactions and crossborder payments throughout Central Asia and the Eurasian Economic Union EAEU by integrating Binance Pay into Kyrgyzstans financial system. Additionally, Binance Academy will assist educational initiatives that promote Web3 usage and financial knowledge. The plan was approved by Kyrgyz President Sadyr Japarov, who saw it as a step towards modernising the nations digital economy. Through the development of digital assets, the cooperation promotes economic growth and fortifies Kyrgyzstans crypto infrastructure, establishing it as a regional leader in blockchain adoption. Read More..

B2B Tech News | 3 months ago        

Bank of Japan Holds Rates at 0.5% Amid Trade Uncertainty and Tariff Risks

Because of the uncertainty surrounding global trade and the pressure from U.S. tariffs, the Bank of Japan BOJ has decided to maintain interest rates a

Because of the uncertainty surrounding global trade and the pressure from U.S. tariffs, the Bank of Japan BOJ has decided to maintain interest rates at 0.5%. Japans inflation target of 2% has been postponed, Governor Kazuo Ueda admitted, which limits the window for rate increases in the future. The decision is complicated by external volatility, but internal variables such as growing wage expectations and food inflation continue to drive the BOJ towards a tightening bias. The BOJ may postpone rises until January 2026, according to analysts, in order to prevent market disruptions. After the decision, the yen fell to 144.74 per dollar, sparking worries about currency devaluation and trade tensions with the United States. Read More..

B2B Tech News | 3 months ago        

OpenAI to Acquire Windsurf for $3 Billion, Expanding AI Coding Tools

For $3 billion, OpenAI has agreed to buy Windsurf, an AIassisted coding tool that was formerly known as Codeium. This is the companys largest acquisit

For $3 billion, OpenAI has agreed to buy Windsurf, an AIassisted coding tool that was formerly known as Codeium. This is the companys largest acquisition to date. Even if the transaction isnt finalised yet, it should help OpenAI compete with Microsofts GitHub Copilot and Anthropic in the market for AIdriven coding assistants. Windsurf had previously applied for fundraising at a $3 billion valuation after being valued at $1.25 billion in 2024. Using its recent $40 billion funding from SoftBank, OpenAIs move is in line with its larger plan to increase the availability of AIpowered developer tools. Read More..

B2B Tech News | 3 months ago        

IBM Announces $150 Billion Investment Targeting AI, Quantum, and Mainframes

By releasing tools that assist companies in integrating AI agents from suppliers like Salesforce, Workday, and Adobe, IBM CEO Arvind Krishna is extend

By releasing tools that assist companies in integrating AI agents from suppliers like Salesforce, Workday, and Adobe, IBM CEO Arvind Krishna is extending the companys footprint in the AI market. These integrations will be supported by IBMs Granite AI models, enabling businesses to create unique AI agents for particular use cases. Using multicloud solutions, the company has already established a $6 billion AI business to rival Microsoft and Amazon Web Services. IBM also revealed a fiveyear, $150 billion U.S. investment that will concentrate on mainframes, artificial intelligence, and quantum computing. Krishna underlined that AIpowered business solutions will boost IBMs expansion and strengthen its position in AI and hybrid cloud infrastructure. Read More..

B2B Tech News | 3 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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