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India and U.S. Engage in Intense Talks to Finalize Bilateral Trade Agreement

S. Jaishankar, the minister of external affairs, said that trade talks between the United States and India are "very active and intense". Following re

S. Jaishankar, the minister of external affairs, said that trade talks between the United States and India are "very active and intense". Following recent conversations between former U.S. President Donald Trump and Prime Minister Narendra Modi, these negotiations aim to finalise a bilateral trade pact by autumn 2025. Reducing tariffs, expanding market access, and tackling nontariff barriers are important areas of focus. Increasing energy ties and opening Indias agricultural market are other topics of discussion. U.S. Assistant Trade Representative for South and Central Asia Brendan Lynch is in India for these talks. This is a major step in the direction of deepening the two countries economic relationship. Read More..

B2B Tech News | 1 months ago        

Foxconn Hosts EV Seminar in Japan to Attract Automakers and Suppliers

In order to present its EV vision and draw in Japanese automakers, Foxconn plans to hold an electric vehicle EV symposium in Japan on 9 April 2025. Th

In order to present its EV vision and draw in Japanese automakers, Foxconn plans to hold an electric vehicle EV symposium in Japan on 9 April 2025. This comes after Foxconn signed its first Japanese contract, making a deal with Mitsubishi Motors to produce EVs for Oceania markets. Chief EV Strategy Officer Jun Seki, a former Nissan official, will speak at the event, which aims to improve relationships with suppliers and manufacturers. Foxconns goal to increase its EV manufacturing capacity and adjust to the competitive automotive market is demonstrated by this endeavour. Read More..

B2B Tech News | 1 months ago        

Lula Criticizes Trumps Tariffs, Warns of Inflation Risks in U.S. Economy

Former US President Donald Trumps recent tariffs on Brazilian steel and aluminium have drawn criticism from Brazilian President Luiz Inácio Lula da S

Former US President Donald Trumps recent tariffs on Brazilian steel and aluminium have drawn criticism from Brazilian President Luiz Inácio Lula da Silva, who has warned of possible inflationary implications on the US economy. Lula pledged to contest the levies in the World Trade Organisation WTO and underlined that protectionist policies hurt international trade. In retaliation, he also alluded to raising tariffs on American goods. Trump already announced a 25% tariff on imported vehicles and light trucks, which further escalated trade tensions. This development comes after his pronouncement. Lulas comments demonstrate Brazils resolute opposition to trade restrictions and its dedication to protecting its economic interests internationally. Read More..

B2B Tech News | 1 months ago        

Trumps 25% Auto Tariff Aims to Boost U.S. Manufacturing and Generate $100 Billion

Former U.S. President Donald Trump has placed a 25% tariff on imported autos and auto parts, commencing 3 April 2025. The initiative intends to stimul

Former U.S. President Donald Trump has placed a 25% tariff on imported autos and auto parts, commencing 3 April 2025. The initiative intends to stimulate domestic manufacturing and produce $100 billion yearly. Industry insiders, however, caution against increased car costs, fewer options for consumers, and even disruptions to international supply networks. Cost increases could affect production and sales for automakers that depend on foreign components. Although Trump anticipates that the tariffs will promote the opening of factories in the United States, analysts warn that supply chain reorganisation will take time and that the shortterm difficulties will probably outweigh the shortterm gains. Trumps larger trade agenda to transform American industry and lessen dependency on imports is reflected in this action. Read More..

B2B Tech News | 1 months ago        

Australias Inflation Stabilizes at 2.5% in January 2025

Given that the Consumer Price Index CPI increased by 2.5 per cent in the 12 months ending in January 2025, Australias inflation rate appears to be sta

Given that the Consumer Price Index CPI increased by 2.5 per cent in the 12 months ending in January 2025, Australias inflation rate appears to be stabilising. Housing +2.1%, food and nonalcoholic beverages +3.3%, and alcohol and tobacco +6.4% are the main causes of this increase. However, a notable 11.5% drop in electricity prices helped to counterbalance the overall increase. With both increasing pressures in some areas and relief in others, these numbers point to a balanced inflationary tendency. To inform its choices on monetary policy, the Reserve Bank of Australia is keeping a careful eye on these developments. Read More..

B2B Tech News | 1 months ago        

India and U.S. Begin Talks to Finalize Bilateral Trade Agreement Framework

Beginning this week, a threeday conference between the U.S. and India will finalise the parameters and outline of a bilateral trade agreement. The agr

Beginning this week, a threeday conference between the U.S. and India will finalise the parameters and outline of a bilateral trade agreement. The agreements initial phase, which is anticipated to concentrate on goods trade, will be finished by the autumn of 2025. Economic integration, tariff reduction, and trade predictability are the goals of this programme. By 2030, both countries want to quadruple their bilateral trade to $500 billion, with a focus on reciprocal advantages and easy negotiations. An important step towards deepening commercial connections between the two nations is represented by the talks. Read More..

B2B Tech News | 1 months ago        

Grab Seeks $2 Billion Loan to Back Potential GoTo Group Acquisition

Grab is allegedly looking for a $2 billion loan to finance its possible acquisition of GoTo Group in Indonesia. Described as a "bridge loan," negotiat

Grab is allegedly looking for a $2 billion loan to finance its possible acquisition of GoTo Group in Indonesia. Described as a "bridge loan," negotiations are still in their early stages, and the loan is anticipated to have a 12month term. Grab also looks at other funding options like bonds or stocks following loan approval. Despite the fact that no official deal has been struck, Grab and GoTo are still in the midst of merger talks. The merger of two prominent ridehailing and fooddelivery companies might drastically alter Southeast Asias digital scene if the transaction is successful. Read More..

B2B Tech News | 1 months ago        

DBS Group Leads Race to Acquire Controlling Stake in Indonesias Panin Bank

According to reports, the competition to take over Indonesias Panin Bank is being led by DBS Group, the biggest bank in Southeast Asia in terms of ass

According to reports, the competition to take over Indonesias Panin Bank is being led by DBS Group, the biggest bank in Southeast Asia in terms of assets. The Gunawan family and Australias ANZ share a combined $1.8 billion interest in Panin Bank, Indonesias 12th largest lender, of which almost 86% is offered for sale. Binding bids are anticipated by late April or early May, and DBS is vying with Malaysias CIMB Group in the bidding process. If successful, this acquisition will place DBS among the top 10 banks in Indonesia and be the first significant transaction under the new CEO, Tan Su Shan. Private wealth management and consumer lending are two of Panin Banks many business ventures. Read More..

B2B Tech News | 1 months ago        



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