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Flight Disruptions Alaska Airlines Scraps 170 Flights After FAA Grounds Boeing 737 MAX 9

In response to the Federal Aviation Administrations FAA order to halt 171 Boeing 737 MAX 9 aircraft for inspections, Alaska Airlines cancelled 170 fli

In response to the Federal Aviation Administrations FAA order to halt 171 Boeing 737 MAX 9 aircraft for inspections, Alaska Airlines cancelled 170 flights on Sunday and an additional 60 on Monday. The cancellations are anticipated to persist throughout the first part of the week. A structural breach forced an eightweekold Alaska Airlines plane to make an emergency landing, prompting the FAA to order a temporary suspension. According to an FAA statement, the impacted 737 MAX 9 aircraft will be grounded until the FAA is satisfied with their safety. Read More..

B2B Tech News | 3 months ago        

COSCO Suspends Shipping Services to Israel Amid Geopolitical Tensions

According to Globes, an Israeli business news website, the Chinese shipping giant COSCO is said to have stopped transporting goods to Israel. The arti

According to Globes, an Israeli business news website, the Chinese shipping giant COSCO is said to have stopped transporting goods to Israel. The article does not specify the reasons behind the suspension, but it comes as hostilities in Yemen by terrorists supported by Iran have closed trade channels in the Red Sea. Israeli port authorities are reportedly investigating the claim COSCO headquarters in Israel has not responded to inquiries about the situation. The development highlights the geopolitical obstacles and disturbances that influence the regions maritime trade, with continuous wars impacting shipping lanes and logistical operations. Read More..

B2B Tech News | 3 months ago        

Tamil Nadu Inks $4.39 Billion Deals with Apple Suppliers and Hyundai

The southern Indian state of Tamil Nadu has inked investment agreements totalling over $4.39 billion with companies including Hyundai Motors, one of t

The southern Indian state of Tamil Nadu has inked investment agreements totalling over $4.39 billion with companies including Hyundai Motors, one of the worlds largest automakers, and Tata Electronics, a supplier to Apple. As part of its efforts to diversify manufacturing, Apple has agreed to invest 120.8 billion rupees in mobile phone assembly activities from Tata Electronics, an Indian conglomerate. Pegatron, Apples Taiwanese supplier, would invest 10 billion rupees to increase manufacturing. The agreements, which come as more businesses want to invest in India, are predicted to create thousands of employments in the state. Read More..

B2B Tech News | 3 months ago        

Dubai Attracts Wealth Managers as Asia Seeks Diversification Amid Warming Ties

As diplomatic relations between China and the Middle East improve, more Asian wealth managers are opening offices in Dubai in anticipation of a spike

As diplomatic relations between China and the Middle East improve, more Asian wealth managers are opening offices in Dubai in anticipation of a spike in customer demand for regional diversity. A growing number of wealthy families and businesspeople in Asia, primarily in China, are choosing to locate their riches in Dubai, a significant financial centre in the Gulf. Beijing has become more and more dependent on the Middle East as its relations with Washington have deteriorated, and Dubai provides taxfree status, businessfriendly regulations, and ease of doing business. The presence of wealth managers such as Farro Capital and Noah Holdings is growing in the area. Read More..

B2B Tech News | 3 months ago        

United Nations Forecasts Indias GDP Growth at 6.2% in 2024

According to UN estimates, Indias GDP is expected to rise by 6.2% in 2024, with strong manufacturing and services sectors and strong domestic demand.

According to UN estimates, Indias GDP is expected to rise by 6.2% in 2024, with strong manufacturing and services sectors and strong domestic demand. With a predicted GDP growth of 6.6% by 2025, Indias economy continues to be the fastestgrowing major economy in the world. Public solid investment and resilient private consumption are identified in the study as key drivers. The UN is upbeat despite worries about unpredictable rains harming agriculture because of Indias steady economic growth. The research supports Indias robust GDP prognosis by predicting a slowdown in inflation and highlighting improvements in labour market indicators, such as rising labour force participation and falling unemployment rates. Read More..

B2B Tech News | 3 months ago        

BAE Systems to Restart Production of M777 Howitzer Structures with $50 Million Deal

After negotiating an initial order worth up to $50 million with the U.S. Army, BAE Systems announced intentions to restart the manufacture of structur

After negotiating an initial order worth up to $50 million with the U.S. Army, BAE Systems announced intentions to restart the manufacture of structures for its lightweight howitzer, the M777. The United States, Canada, and Australia have provided M777 howitzers to Ukraine. The titanium structures will be manufactured by BAE Systems in partnership with its suppliers in the United States and the United Kingdom, with delivery anticipated to start in 2025. According to the manufacturer, Europe, Asia, and the Americas have shown a greater interest in the M777 gun system. Restarting production is in line with the M777 howitzer activities in Ukraine. Read More..

B2B Tech News | 3 months ago        

Perplexity AI Secures $73.6 Million Funding Round Led by IVP, Including Jeff Bezos and Nvidia

The search firm Perplexity AI has secured $73.6 million in a fundraising round headed by IVP and including investors Jeff Bezos and Nvidia. Users may

The search firm Perplexity AI has secured $73.6 million in a fundraising round headed by IVP and including investors Jeff Bezos and Nvidia. Users may get immediate responses to their queries, references, and citations using the companys search capabilities. Large language models LLMs from several sources, such as OpenAI and Metas Llama opensource model, are used. With its emphasis on optimising many highperforming AI models, Perplexity AI seeks to disrupt the existing quo despite Googles hegemony in the online search industry. The money will go towards expanding the companys workforce and improving its product line. Read More..

B2B Tech News | 3 months ago        

Brookfield Asset Management to Acquire American Towers Indian Operations for $2.5 Billion

With the $2.5 billion acquisition of American Towers Indian business, Brookfield Asset Management will become Indias largest telecom tower operator. A

With the $2.5 billion acquisition of American Towers Indian business, Brookfield Asset Management will become Indias largest telecom tower operator. About 77,000 American towers across the nation are included in the agreement. After four years, this will be Brookfields third acquisition in India. Because of difficulties stemming from Vodafone Idea, its largest client, not being able to pay its debts, American Tower has been contemplating the sale of its business in India for about a year. Approximately 157,000 telecom towers in India are managed by Brookfield via its affiliated Data Infrastructure Trust. It is anticipated that the deal will be finalised in the latter part of 2024. 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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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