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Bank of Canada Slashes Rate to 2.5% as Tariffs Trigger 1.5% GDP Contraction

In response to the economic pressure caused by President Trumps trade battle, the Bank of Canada lowered its key lending rate to 2.5 percent. With exp

In response to the economic pressure caused by President Trumps trade battle, the Bank of Canada lowered its key lending rate to 2.5 percent. With exports falling 27% as advance U.S. orders waned, Canadas GDP declined 1.5% in the second quarter of 2025. Steel, aluminium, and auto tariffs have had a significant negative impact on tradesensitive industries, leading to job losses and poor hiring. Although some of the effects were mitigated by NAFTA exclusions, the central bank issued a warning about the inflation risks associated with reorganised supply chains. Since March, the rate has been constant at 2.75%, but officials now perceive a worldwide slowdown as a direct result of U.S. protectionism. In the face of mounting pressure on consumer prices, Canada, the first G7 country to start rate decreases last year, is maintaining moderate easing to boost growth. Read More..

B2B Tech News | 1 months ago        

Moody’s Flags Execution and Debt Risks in Oracle’s $300B AI Contracts

Oracle just inked $300 billion in AI contracts, but Moodys has identified vulnerabilities in those deals, pointing to issues with longterm profitabili

Oracle just inked $300 billion in AI contracts, but Moodys has identified vulnerabilities in those deals, pointing to issues with longterm profitability, scalability, and execution. Analysts caution that quick expansion could strain infrastructure and drive up operating costs, even though the transactions position Oracle as a prominent player in enterprise AI. Many of the contracts, which include multiyear commitments from international companies, cover cloud services, data analytics, and hosting AI models. According to Moodys, if growth goals arent reached, Oracles debt levels and integration issues could affect its credit outlook. The ratings agency noted Oracles strong market position and potential upside if deployments are successful, despite the warning. The paper emphasises the conflict between the corporate tech sectors financial sustainability and fast AI expansion. Read More..

B2B Tech News | 1 months ago        

New Zealand GDP Falls 1.2% in Q2, Raising Odds of 50bps Rate Cut

Prior to President Donald Trumps state visit, Google announced a £68 billion $85 billion investment in the UK, with an emphasis on data centres, rene

Prior to President Donald Trumps state visit, Google announced a £68 billion $85 billion investment in the UK, with an emphasis on data centres, renewable energy, and AI infrastructure. In order to power operations responsibly, the strategy calls for growing its London campus, constructing additional hyperscale data centres, and increasing the procurement of green energy. Google wants to create thousands of jobs while bolstering the UKs leadership in AI and digital economy. The investment shows faith in Britains regulatory framework and is consistent with larger U.S.UK tech cooperation. The action was hailed as a "vote of confidence" in the UKs innovation ecosystem by Prime Minister Rishi Sunak. In the face of intensifying competition from China and the EU, the declaration strengthens transatlantic tech relations. Read More..

B2B Tech News | 1 months ago        

Fed Cuts Rates to 4.00%–4.25%, Signals Cautious Shift Amid Economic Uncertainty

For the first time since December, the U.S. Federal Reserve has lowered interest rates by 25 basis points, to a range of 4.00% to 4.25%. The action co

For the first time since December, the U.S. Federal Reserve has lowered interest rates by 25 basis points, to a range of 4.00% to 4.25%. The action comes as inflationary pressures are increasing and the labour market is weakening. Fed Chair Jerome Powell highlighted the need to strike a balance between job support and inflation control, citing increased economic uncertainties. With the chances set at 96% by CME Fed Watch, the decision is in line with market expectations. Political tensions are expected as President Trump tries to fire Governor Lisa Cook and keeps putting pressure on the Fed. The Dow was up 1% as a result of the markets bullish reaction. Investors are currently awaiting word on whether additional rate cuts would occur in the face of slower GDP and cost hikes brought on by tariffs. Read More..

B2B Tech News | 1 months ago        

Powell Reaffirms Fed’s Dual Mandate, Signals Measured Rate Path Ahead

Jerome Powell, the chair of the Federal Reserve, explained how the central bank manages interest rates while juggling its two missions of promoting em

Jerome Powell, the chair of the Federal Reserve, explained how the central bank manages interest rates while juggling its two missions of promoting employment and containing inflation. Powell stressed during a speech at a finance gathering that rate changes take into account labour market conditions and longterm economic stability in addition to being a reaction to inflation. He said that although recent rate increases were required to combat persistent inflation, more calibrated actions will be taken in the future. Powell also emphasised how crucial clear communication is to preserving public confidence and preventing market volatility. His comments were seen by analysts as indicating a move towards cautious rate control, particularly in light of the current global uncertainty. In order to maintain growth without inciting recessionary pressures, the Fed is nonetheless dedicated to making datadriven decisions. Read More..

B2B Tech News | 1 months ago        

India and U.S. Reignite Trade Talks, Eye Early Conclusion of Bilateral Pact

U.S. trade official Brendan Lynch led fruitful talks in New Delhi, where the two countries agreed to step up efforts to conclude their Bilateral Trade

U.S. trade official Brendan Lynch led fruitful talks in New Delhi, where the two countries agreed to step up efforts to conclude their Bilateral Trade Agreement BTA as soon as possible. Since President Trump placed high tariffs on Indian imports due to Russian oil sales, this is the first facetoface encounter. Both sides reaffirmed the significance of reciprocal economic connections during discussions that covered a variety of traderelated topics. Since August, there have been weekly virtual meetings, and a sixth round of negotiations is anticipated shortly. Due to worries over genetically modified organisms, India is likewise resisting pressure from the United States to purchase American maize and soybeans. A change towards settling trade disputes and promoting strategic collaboration is reflected in the increased impetus. Read More..

B2B Tech News | 1 months ago        

STMicroelectronics Invests $60M in Tours Plant Amid Restructuring Plans

Despite ongoing restructuring that could affect hundreds of employment, STMicroelectronics is planning to invest $60 million in its French plant in To

Despite ongoing restructuring that could affect hundreds of employment, STMicroelectronics is planning to invest $60 million in its French plant in Tours. Modernising production processes and facilitating the switch to more advanced semiconductor technology are the goals of the grant. The location, which mostly produces older chips, is dealing with dwindling demand and intensifying competition. Although they acknowledged the need for labour modifications, French officials welcomed the investment. STMicro intends to provide retraining programs and redeploy impacted staff to other locations. The action is part of larger attempts by European chipmakers to maintain their competitiveness in the face of shifting global supply chains and rising tensions between the United States and China. The investment, according to analysts, shows STMicros dedication to upholding a key position in France while adjusting to changing market demands. Read More..

B2B Tech News | 1 months ago        

U.S. and UK Sign $42B Tech Pact to Boost AI, Cybersecurity, and Chip Supply Chains

Prior to President Donald Trumps state visit, Google announced a £68 billion $85 billion investment in the UK, with an emphasis on data centres, rene

Prior to President Donald Trumps state visit, Google announced a £68 billion $85 billion investment in the UK, with an emphasis on data centres, renewable energy, and AI infrastructure. In order to power operations responsibly, the strategy calls for growing its London campus, constructing additional hyperscale data centres, and increasing the procurement of green energy. Google wants to create thousands of jobs while bolstering the UKs leadership in AI and digital economy. The investment shows faith in Britains regulatory framework and is consistent with larger U.S.UK tech cooperation. The action was hailed as a "vote of confidence" in the UKs innovation ecosystem by Prime Minister Rishi Sunak. In the face of intensifying competition from China and the EU, the declaration strengthens transatlantic tech relations. Read More..

B2B Tech News | 1 months ago        



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