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Bitcoin Falls 5.47% to $81,555 as Crypto Market Sees Sharp Decline

At 2216 GMT on Sunday, Bitcoin, the biggest cryptocurrency in the world by market value, dropped by almost 5.47% to $81,555, indicating a steep drop i

At 2216 GMT on Sunday, Bitcoin, the biggest cryptocurrency in the world by market value, dropped by almost 5.47% to $81,555, indicating a steep drop in the cryptocurrency market. The secondbiggest cryptocurrency, ether, also sharply declined, falling 5.4% to $2,024.68 at 2222 GMT. The decline in leading digital assets points to heightened market volatility, which changes in regulations, investor mood, or general economic trends might bring. The price of cryptocurrencies has fluctuated frequently due to market speculation, macroeconomic variables, and institutional interest. The digital asset market is still dominated by Bitcoin and Ether, whose fluctuations often set the tone for the larger crypto market. Investors are carefully monitoring market conditions and pricing movements in anticipation of new developments. Read More..

B2B Tech News | 3 months ago        

AirAsia Parent Capital A Raises 1 Billion Ringgit to Strengthen Finances

According to CEO Tony Fernandes, Malaysias Capital A, the parent company of AirAsia, has successfully finished a 1 billion ringgit $226 million privat

According to CEO Tony Fernandes, Malaysias Capital A, the parent company of AirAsia, has successfully finished a 1 billion ringgit $226 million private placement. The company must move closer to leaving PN17 financially distressed status to keep its stock exchange listing. The Malaysian stock exchange approved Capital A, and the company anticipates finishing the process by May. To unify operations under a single AirAsia brand, the restructuring involves selling its aviation division to AirAsia X. Two consecutive quarters of profitability are still necessary, as are approvals from shareholders and the court. Capital A intends to concentrate on its nonaviation operations, such as logistics and aircraft maintenance, while keeping an 18% interest in the new AirAsia airline group. Read More..

B2B Tech News | 3 months ago        

IndusInd Bank Shares Plunge 6% as RBI Cuts CEO’s Term to One Year

Concerns over leadership succession and business stability were raised when the RBI only granted CEO Sumant Kathpalia a oneyear extension rather than

Concerns over leadership succession and business stability were raised when the RBI only granted CEO Sumant Kathpalia a oneyear extension rather than the boardapproved threeyear term, causing IndusInd Banks shares to drop nearly 6% to a 19month low. The Nifty 50 indexs largest loser was the stock. According to analysts, the RBIs decision might have been prompted by discontent with the banks performance in earlier circumstances, such as problems with its microfinance portfolio and an increase in nonperforming assets. Even while the consensus 12month objective is still at ₹1,210, indicating a possible 32.8% increase from current levels, at least six brokerages have cut their price forecasts. Read More..

B2B Tech News | 3 months ago        

EU and India Target YearEnd Free Trade Agreement, Strengthen Ties

European Commission President Ursula von der Leyen and her team recently travelled to India to improve bilateral ties. They declared their plans to co

European Commission President Ursula von der Leyen and her team recently travelled to India to improve bilateral ties. They declared their plans to complete a free trade agreement FTA and form a defence alliance by the years end. The European Unions strategic decision to broaden its relationships in the face of international difficulties is reflected in this project. Given Indias increasing importance on the global scene, the EU wants to strengthen trade, technological, and security cooperation with the country. This move demonstrates the EUs proactive strategy for establishing new alliances in a shifting geopolitical environment. Read More..

B2B Tech News | 4 months ago        

Spain Outpaces Eurozone, U.S. in Growth—Thanks to ProMigration Policies

Spains proimmigration position is a significant economic driver, as evidenced by its 3% GDP growth in 2024, which outpaced that of the Eurozone and th

Spains proimmigration position is a significant economic driver, as evidenced by its 3% GDP growth in 2024, which outpaced that of the Eurozone and the United States. Since almost all postpandemic population expansion has come from immigration, 13% of the workforce is now foreignborn, supporting sectors including construction, services, and agriculture. According to the Bank of Spain, stability will require 30 million workingage immigrants over 30 years. Even while illegal migration is still a problem, Spains government is encouraging legitimate routes, giving 900,000 undocumented migrants work licenses, and establishing partnerships with African countries. Spain is positioned as a model for using immigration to sustain economic growth and an ageing population, contrasting with the growing antiimmigrant sentiment in Europe. Read More..

B2B Tech News | 4 months ago        

Piyush Goyal Heads to U.S. for Emergency Talks on Trump’s Reciprocal Tariffs

In anticipation of President Donald Trumps upcoming reciprocal tariffs, which are scheduled to go into effect in early April, Indias Commerce and Indu

In anticipation of President Donald Trumps upcoming reciprocal tariffs, which are scheduled to go into effect in early April, Indias Commerce and Industry Minister Piyush Goyal has made an urgent journey to the United States to hold trade talks. Goyals visit is intended to shed light on how these tariffs would affect India and to discuss potential compromises to improve commerce between the two countries. India is unwilling to decrease agricultural tariffs to safeguard its large number of smallscale farmers. Still, it has indicated that it is open to discussing tariff reductions on industrial goods, such as chemicals and cars. Prime Minister Narendra Modi and President Trump recently agreed to work on a bilateral trade agreement by the autumn of 2025 to reach $500 billion in commerce by 2030. This visit comes after that agreement. Read More..

B2B Tech News | 4 months ago        

Honor to Invest $10 Billion in AI as It Prepares for Public Listing

As it prepares for a public listing, Chinese smartphone manufacturer Honour plans to invest $10 billion over five years to develop AI for its products

As it prepares for a public listing, Chinese smartphone manufacturer Honour plans to invest $10 billion over five years to develop AI for its products, CEO James Li said at MWC in Barcelona. By incorporating AI into PCs, tablets, and wearables, the company hopes to go beyond smartphones. Although there is no defined date, Honour recently reorganised its shareholders, indicating a potential IPO. This action aligns with the boom in AI investments in China, which is being led by businesses such as DeepSeek. Huawei and Vivo are fierce rivals of Honour, which dropped to fourth place in Chinas smartphone market with a 14.9% share. To bolster its AI and consumer electronics leadership, the Shenzhen government is aggressively assisting Honour with R&D financing, tax breaks, and support for international expansion. Read More..

B2B Tech News | 4 months ago        

Bitcoin Surges 20% After Trump Announces U.S. Crypto Reserve

After U.S. President Donald Trump announced that his executive order on digital assets would establish a strategic reserve of Bitcoin, Ether, XRP, Sol

After U.S. President Donald Trump announced that his executive order on digital assets would establish a strategic reserve of Bitcoin, Ether, XRP, Solana, and Cardano, the cryptocurrency rose more than 20% from its lows last week. This statement reversed the adverse sentiment, and Bitcoin rose from $78,273 on Friday to almost $93,057. While XRP, Solana, and Cardano saw increases of 31%, 15%, and 69%, respectively, Ether saw a 10% increase. According to analysts, this is a massive lift for cryptocurrency traders, and the rise may continue into the next White House Crypto Summit. There are still questions about whether taxpayers or confiscated assets will fund the reserve the latter is viewed as less optimistic because it wouldnt put more buying pressure on the market. Read More..

B2B Tech News | 4 months ago        



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