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Anglo American Nears $20B Deal to Acquire Canada’s Teck Resources

The Financial Times claims that Anglo American is on the verge of paying $20 billion to acquire Teck Resources in Canada. The proposed merger would co

The Financial Times claims that Anglo American is on the verge of paying $20 billion to acquire Teck Resources in Canada. The proposed merger would combine assets in coal, copper, other vital minerals, making it one of the biggest deals in the mining industry in recent memory. Anglos diverse portfolio and ESG initiatives would provide a better fit, but Teck previously turned down a bid from Glencore on the grounds of strategic misalignment. The agreement may change the nature of mining worldwide, particularly in copper, which is essential for energy transition technologies. According to analysts, the acquisition would improve Anglos longterm growth prospects and solidify its position in North America. Before an official announcement, regulatory and shareholder approvals must be obtained, and final arrangements are still being negotiated. Read More..

B2B Tech News | 16 days ago        

Sangomar Output Beats Expectations, Senegal Raises 2025 Oil Target

Senegals oil production estimate for the Sangomar offshore field in 2025 has been increased from 30.53 million barrels to 34.5 million barrels. Senega

Senegals oil production estimate for the Sangomar offshore field in 2025 has been increased from 30.53 million barrels to 34.5 million barrels. Senegal formally joined the group of countries that produce oil when Sangomar, which is run by Australias Woodside Energy Group, started production in June 2024. According to the energy ministry, the field delivered more than 24 million barrels of petroleum between January and August 2025. The updated prediction indicates increasing momentum in Senegals energy sector and reflects betterthanexpected performance. Analysts see this as a positive for the nations economic prospects and regional clout, particularly as West African countries aim to leverage the development of natural resources in the face of global energy shifts and growing need for a variety of supply sources. Read More..

B2B Tech News | 16 days ago        

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 | 16 days 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 | 16 days 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 | 16 days 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 | 16 days 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 | 16 days 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 | 16 days ago        



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