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IndiaPakistan Trade to Halt Completely Amid Diplomatic Escalations

According to the Federation of Indian Export Organisations FIEO, IndiaPakistan bilateral commerce is already negligible at barely 0.06% of Indias tota

According to the Federation of Indian Export Organisations FIEO, IndiaPakistan bilateral commerce is already negligible at barely 0.06% of Indias total trade and is about to stop completely. This followed Pakistans suspension of all economic links, including thirdcountry lines, in retaliation for Indias measures after the Pahalgam terror assault, which included shutting the Attari landtransit point and suspending the Indus Water Treaty. During AprilJanuary 202425, India exported $447.65 million worth of goods to Pakistan, including essentials like pharmaceuticals and organic chemicals, while importing only $0.42 million. The economy of Pakistan, which depends on imports of necessities from India, is anticipated to be severely strained by the halt. Read More..

B2B Tech News | 7 months ago        

Morgan Stanley Plans $2 Billion Sale of Brazos Midstream II Stake Amid Shale Consolidation

Morgan Stanley Infrastructure Partners is considering selling its majority interest in Permian Basin pipeline operator Brazos Midstream II for more th

Morgan Stanley Infrastructure Partners is considering selling its majority interest in Permian Basin pipeline operator Brazos Midstream II for more than $2 billion, including debt. The speciality of Brazos Midstream II is moving oil, liquids and natural gas from wellheads in Texas to bigger pipelines. Jefferies Financial Groups investment bankers oversee the sale process, focusing on investment firms and midstream businesses. In 2018, Morgan Stanley first paid $1.75 billion for Brazos Midstream II. Later, the company partnered with Williams Companies, which now owns 15% of the company. This possible deal reflects the continued consolidation of the shale sector in the United States. Read More..

B2B Tech News | 7 months ago        

Eastern Bankshares to Acquire HarborOne Bancorp in $490 Million Merger Deal

The announcement by Eastern Bankshares that it will acquire HarborOne Bancorp for $490 million in stock and cash represents a significant step in cons

The announcement by Eastern Bankshares that it will acquire HarborOne Bancorp for $490 million in stock and cash represents a significant step in consolidating regional banks in the United States. The acquisition will increase Easterns footprint in Greater Boston and allow it to enter Rhode Island. It is expected to close in the fourth quarter of 2025. Shareholders of HarborOne will get $12 in cash per share, or 0.765 shares of Eastern stock. With $25 billion in assets, Eastern Bankshares and HarborOne, which was established in 1917 and has $5.7 billion in assets, seek to improve customer satisfaction and operational effectiveness. The deals financial advisors are Raymond James & Associates and J.P. Morgan Securities LLC. Read More..

B2B Tech News | 7 months ago        

Kenya Secures $950 Million Deal with China to Advance Economic Transformation

A $950 million deal was inked by Kenyan President William Ruto and China during his official visit with the intention of furthering the countrys Botto

A $950 million deal was inked by Kenyan President William Ruto and China during his official visit with the intention of furthering the countrys BottomUp Economic Transformation Agenda BETA. Under the agreement, businesses including China Wu Yi and Zonken Group would spend $320 million in manufacturing, $430 million in agriculture, and $230 million in tourism. Ruto emphasised the Standard Gauge Railway and Lamu Port, two examples of Chinesefunded infrastructure that have had a revolutionary impact, and Kenyas dedication to deepening its relationship with China. Kenyas position in Chinas Belt and Road Initiative and its geopolitical pivot in the face of shifting global alliances are both highlighted by this visit. Read More..

B2B Tech News | 8 months ago        

IMF Predicts BOJ to Delay Rate Hikes Amid U.S. Tariff Uncertainty

Because of the uncertainty created by U.S. tariffs, the IMF believes that the Bank of Japan BOJ will postpone additional interest rate increases. In a

Because of the uncertainty created by U.S. tariffs, the IMF believes that the Bank of Japan BOJ will postpone additional interest rate increases. In addition to delaying company expenditures and affecting pay decisions, these tariffs are lowering business sentiment. By 2027, a year later than originally predicted, the IMF now projects that Japan will reach its 2% inflation objective. A drop to 0.6% for Japans economic growth outlook for 2025 reflects the difficulties caused by conflicts in global trade. After ten years of ultraloose policy, the BOJ lifted its benchmark interest rate to 0.5% in January, but the present climate might necessitate extended monetary accommodation. Read More..

B2B Tech News | 8 months ago        

German Finance Minister Urges Swift Action on U.S. Tariff Negotiations

As trade talks with the United States continue, German Finance Minister Joerg Kukies has underlined the need to reduce tariffrelated uncertainties as

As trade talks with the United States continue, German Finance Minister Joerg Kukies has underlined the need to reduce tariffrelated uncertainties as soon as possible. Speaking at the Semafor World Economy Summit in Washington, Kukies cautioned that a protracted state of uncertainty might be detrimental to both economies, especially as Germany is currently experiencing its third consecutive year of recession, which is unprecedented in the countrys postwar history. It is anticipated that U.S. President Donald Trumps tariffs will worsen Germanys economic problems, underscoring the urgency of taking immediate measures to restore trade relations. Read More..

B2B Tech News | 8 months ago        

Brazil Central Bank Plans $18.4 Billion Currency Swap Rollover Starting April 28

The central bank of Brazil has revealed plans to roll over $18.4 billion in currency swaps that mature on June 2, 2025. The rollover will start with d

The central bank of Brazil has revealed plans to roll over $18.4 billion in currency swaps that mature on June 2, 2025. The rollover will start with daily auctions on 28 April to ensure that the expiring stock is entirely replaced. With the central bank receiving the change in Brazils benchmark interest rate, the Selic, and paying buyers the currency variation plus interest, these swaps offer currency hedging and preserve market liquidity. The banks objective to stabilise the foreign currency market in the face of global economic uncertainty is reflected in this action. Read More..

B2B Tech News | 8 months ago        

India Suspends Indus Waters Treaty Following Pahalgam Terror Attack

After 26 people were killed in the Pahalgam terror incident, India suspended the Indus Waters Treaty IWT with Pakistan. Signed in 1960, the pact regul

After 26 people were killed in the Pahalgam terror incident, India suspended the Indus Waters Treaty IWT with Pakistan. Signed in 1960, the pact regulates how the two countries divide the Indus River system. Since Pakistan depends on the Indus and its tributaries for water security and agriculture, Indias decision might have a big effect, which is a part of a larger response to the attack. The suspension permits India to circumvent treaty limitations, which may impact Pakistans flood and irrigation control. Indias position on watersharing agreements and crossborder terrorism has changed, albeit the decision may not have immediate repercussions because of infrastructure limitations. Read More..

B2B Tech News | 8 months ago        



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