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Qualcomm’s Interest in Full Intel Acquisition Dims, Focuses on Specific Intel Assets

According to reports, the difficulties around a possible deal caused Qualcomms enthusiasm to purchase Intel to wane. After initially considering a com

According to reports, the difficulties around a possible deal caused Qualcomms enthusiasm to purchase Intel to wane. After initially considering a comprehensive acquisition of Intel in September, Qualcomm seems more interested in acquiring particular Intel divisions than the entire business. Considering the combined market dominance of both companies, antitrust issues may arise in the transaction. Due to its inability to sustain its manufacturing advantage and failure to seize possibilities such as investing in OpenAI, Intel has witnessed a sharp decline in its stock price and has fallen out of the Dow Jones Industrial Average. Read More..

B2B Tech News | 8 months ago        

Anglo American Divests Coal Assets in Australia, Targets Growth in Copper and Clean Energy

As part of its restructuring plan to concentrate on copper, Anglo American has agreed to sell Peabody Energy its coal assets used in the steelmaking i

As part of its restructuring plan to concentrate on copper, Anglo American has agreed to sell Peabody Energy its coal assets used in the steelmaking industry in Australia for a maximum price of $3.78 billion. Deferred payments, a $2.05 billion upfront payment, and a possible $450 million contingent consideration linked to the Grosvenor mines reopening are all included in the agreement. To concentrate on copper, which is essential for the development of clean energy and artificial intelligence, Anglo is selling up noncore assets like platinum and diamonds. This reorganisation aims to simplify the companys portfolio and increase shareholder value. Read More..

B2B Tech News | 8 months ago        

PresidentElect Trump’s Tariff Plan Targets Mexico, Canada, and China Over Immigration and Fentanyl Issues

Presidentelect Donald Trump has responded to border and drugrelated concerns by proposing hefty tariffs on imports from China, Canada, and Mexico. To

Presidentelect Donald Trump has responded to border and drugrelated concerns by proposing hefty tariffs on imports from China, Canada, and Mexico. To combat fentanyl smuggling and illegal immigration, Trump specifically proposed a 10% tax on Chinese goods and a 25% tariff on goods from Canada and Mexico. Due to worries about how this action will affect global commerce and the USMexicoCanada Agreement USMCA, it has produced tremors in international markets. In response, China and Canada both emphasised the possible economic repercussions. Although proponents contend that these tariffs may boost American manufacturing and leverage more robust trade agreements, economists caution that they could potentially hamper the global economy by increasing the cost of goods in the US. Read More..

B2B Tech News | 8 months ago        

Nadhim Zahawi and Mohamed Mansour in Talks to Join U.S. Consortium for The Telegraph Acquisition

According to the Financial Times, BritishEgyptian billionaire Mohamed Mansour and British former finance minister Nadhim Zahawi are in advanced negoti

According to the Financial Times, BritishEgyptian billionaire Mohamed Mansour and British former finance minister Nadhim Zahawi are in advanced negotiations to join a U.S.led group seeking to acquire The Telegraph. Zahawi and Mansour are discussing joining the highprofile offer for the British daily, which may significantly impact who owns it and how it is edited. One of the main competitors in the current selling process is the U.S.led consortium, whose identity is being kept a secret. If the acquisition closes, The Telegraph, a prominent UK media outlet, would see a vast ownership change. According to reports, the discussions are ongoing, and no decisions have been made yet. Read More..

B2B Tech News | 8 months ago        

Developing Countries Slam $300 Billion Climate Deal as "Paltry" and "Insufficient" at COP29

Developing country delegates vehemently denounced the UN climate negotiations deal, which pledges $300 billion a year to assist developing countries i

Developing country delegates vehemently denounced the UN climate negotiations deal, which pledges $300 billion a year to assist developing countries in tackling climate change. COP29 President Mukhtar Babayev forced the agreement through without letting countries protest, but when given the opportunity, representatives from nations such as Nigeria and India voiced their anger. Chandni Raina, Indias negotiator, described the agreed sum as "paltry" and inadequate to sustain the economic expansion and climate action required for survival. Similar worries were expressed by Nkiruka Maduekwe of Nigeria, who called the agreement "a joke" and an "insult," emphasising that affluent countries need to be held more accountable for their part in driving climate change. Read More..

B2B Tech News | 8 months ago        

IndiaASEAN Free Trade Review Set for February 2025 in Jakarta to Enhance Sustainable Trade

After the fourth round of negotiations concluded in New Delhi in November 2024, the next round of the IndiaASEAN Free Trade Agreement in Goods AITIGA

After the fourth round of negotiations concluded in New Delhi in November 2024, the next round of the IndiaASEAN Free Trade Agreement in Goods AITIGA review will be held in Jakarta, Indonesia, in February 2025. The objective of the evaluation is to improve sustainable trade with the ASEAN area. The AITIGA Joint Committee, comprising eight SubCommittees, will address various topics, including trade remedies, customs processes, rules of origin, and market access. Eleven per cent of Indias international trade is with ASEAN, making it a significant trading partner. With a 5.2% increase from April to October 2024, the bilateral commerce reached $121 billion in 2023–2024. Read More..

B2B Tech News | 8 months ago        

Indias Commerce Secretary Sunil Barthwal Strengthens Trade Ties with Norway During November Visit

On 22 November 2024, Secretary of Indias Department of Commerce Sunil Barthwal travelled to Norway to promote the Trade and Economic Partnership Agree

On 22 November 2024, Secretary of Indias Department of Commerce Sunil Barthwal travelled to Norway to promote the Trade and Economic Partnership Agreement TEPA and investigate market prospects in nations that are members of the European Free Trade Association EFTA. The visits objectives were to improve trade connections, draw USD 100 billion in investments, and increase Indian exports. Barthwal discussed trade, investment, and professional mobility with influential Norwegian leaders, such as Tomas Norvoll, Cecilie Myrseth, and Jan Christian Vestre. He also spoke with executives from industries like IT, shipping, and renewable energy. Indias young workforce benefits from TEPA, signed in March 2024 and expands market access for Indian goods and services while promoting job development, vocational training, and technology collaboration. Read More..

B2B Tech News | 8 months ago        

UniCredit Offers $10.57 Billion AllStock Deal to Acquire Banco BPM

UniCredit has offered an allstock agreement of around 10.09 billion euros $10.57 billion to buy Banco BPM, combining the second and third largest bank

UniCredit has offered an allstock agreement of around 10.09 billion euros $10.57 billion to buy Banco BPM, combining the second and third largest banks in Italy. Each BPM share in the offer is worth 0.175 UniCredit shares, representing a 0.4% premium over BPMs most recent closing price. Andrea Orcel, CEO of UniCredit, stressed that European banks must become more muscular to increase competitiveness. The purchase is anticipated to increase UniCredits earnings per share within two years. Banco BPM, which recently bought a 5% share in Monte dei Paschi di Siena and moved to buy Anima Holding, has yet to respond to the proposal. Read More..

B2B Tech News | 8 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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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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