Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

BUSINESS NEWS

South Koreas Export Growth Slows for Fourth Month, Hits 14Month Low in November

In November, South Koreas export growth slowed for the fourth consecutive month and to its lowest level in 14 months. Exports increased 1.4% yearly to

In November, South Koreas export growth slowed for the fourth consecutive month and to its lowest level in 14 months. Exports increased 1.4% yearly to $56.35 billion, less than the 2.8% projection and a 4.6% gain in October. At the same time, exports to China fell by 0.6%, and shipments to the U.S. plummeted by 5.1%, the first drop since July. Due to strikes and shipping delays, automobile exports fell 13.6%, while semiconductor sales grew 30.8%, the smallest growth in 11 months. A 2.4% decrease in imports resulted in a $5.61 billion trade surplus in November, up from $3.15 billion in October. Trade Minister Ahn DukGeun highlighted government initiatives to increase exports by the end of the year. Read More..

B2B Tech News | 17 days ago        

Indonesia and Canada Sign Comprehensive Economic Partnership Agreement to Boost Trade Relations

After three years of talks, Canada and Indonesia signed a Comprehensive Economic Partnership Agreement CEPA in Jakarta on Monday to strengthen the two

After three years of talks, Canada and Indonesia signed a Comprehensive Economic Partnership Agreement CEPA in Jakarta on Monday to strengthen the two G20 countries economic ties. Indonesias trade minister has emphasised the deals significance for both nations green initiatives and investment, focusing on essential minerals management and sustainable growth. The agreement is scheduled to go into force in 2026. Indonesia, abundant in resources like copper, nickel, and bauxite, is looking to draw in foreign investment to process and produce batteries for electric vehicles. Canada and Indonesia had $3.4 billion in twoway commerce last year, with Canada mostly selling fertilisers and agricultural items to Indonesia and Indonesia exporting clothing, footwear, and machinery. Read More..

B2B Tech News | 17 days ago        

Aster DM Healthcare Merges with Quality Care India, Strengthening Healthcare Presence

The announcement of the merger between Blackstonebacked Quality Care India and Indias Aster DM Healthcare significantly strengthens the latters positi

The announcement of the merger between Blackstonebacked Quality Care India and Indias Aster DM Healthcare significantly strengthens the latters position in the healthcare industry. This is Asters first significant acquisition after the sale of its Gulf operations. Combining Qualitys 5,500 beds with Asters current facilities, the new organisation, Aster DM Quality Care, will have over 10,000 beds overall and rank in Indias top three hospital chains, near industry leaders Apollo Hospitals and Manipal Hospitals. An additional 3,500 beds are planned by fiscal year 2027. Asters stockholders will own 57.3% of the new company, with Varun Khanna serving as CEO and Azad Moopen continuing as managing director. Read More..

B2B Tech News | 17 days ago        

RBA Reports Limited Risks from NonBank Lenders Amid Rising Interest Rates

There are currently few dangers from nonbank lenders in the securitisation market, according to the Reserve Bank of Australia RBA. Mortgage arrears ar

There are currently few dangers from nonbank lenders in the securitisation market, according to the Reserve Bank of Australia RBA. Mortgage arrears are manageable because households and companies have been supported by the robust labour market, even in the face of rising interest rates. According to the RBA, the scale of the nonbank lending market and its sparse links to the more extensive financial system reduce possible hazards. Although it is cautious, the central bank believes that the financial sector is resilient. Read More..

B2B Tech News | 17 days ago        

Adani Accused of Bribery Risks Emerge for India’s Solar Energy Industry

Gautam Adanis indictment by the United States, which accuses him of paying authorities to obtain contracts in the face of rising energy prices, shows

Gautam Adanis indictment by the United States, which accuses him of paying authorities to obtain contracts in the face of rising energy prices, shows severe concerns in Indias solar business. The difficulties faced by Adani Green Energy are caused by high competition, fluctuating solar module prices, and falling electricity prices, which raise questions about the longterm viability of rates set during auctions. Even if some of the pressures have subsided, the companys return on equity has decreased from 20% to 13%. Andhra Pradesh may halt associated contracts in response to the accusations, and TotalEnergies intends to stop participating in Adanis projects. Read More..

B2B Tech News | 24 days ago        

Pony AI Shares Soar 15% in Nasdaq Debut, Valuing Company at $5.25 Billion

Initially listed on the Nasdaq at $15, Pony AIs shares jumped about 15% above their IPO price, reaching a valuation of $5.25 billion. Following the de

Initially listed on the Nasdaq at $15, Pony AIs shares jumped about 15% above their IPO price, reaching a valuation of $5.25 billion. Following the delisting of Didi Global and regulatory issues, the listing comes after a time of uncertainty for Chinese companies. CEO James Peng said the listing had been planned and was not impacted by the political situation. Despite obstacles in public image and competition from Tesla, Pony AI prioritises the Chinese market and intends to extend its robotaxi services globally in the upcoming years. Because of the IPO, the company raised $260 million. Read More..

B2B Tech News | 24 days ago        

RussiaIndia Bilateral Trade Surges to Record $66 Billion in 2024

According to a top Russian diplomat, in 2024, bilateral trade between Russia and India hit a record $66 billion, a fivefold rise over the previous fiv

According to a top Russian diplomat, in 2024, bilateral trade between Russia and India hit a record $66 billion, a fivefold rise over the previous five years. With talks on broadening trade and increasing investments across various industries, including technology, medicines, and railroads, the target of $100 billion in trade by 2030 seems doable. Maxim V. Kozlov, the Russian Consul General in Kolkata, highlighted the possibility for Indian companies to prosper in Russia once Western brands leave and the significance of strengthening collaboration in vital fields like artificial intelligence and robotics. Read More..

B2B Tech News | 24 days ago        

Brazil Proposes Income Tax Reforms Tax Breaks for Lower Earners, Hikes for Wealthy

Along with measures to reduce public spending, the Brazilian government has suggested raising taxes on higher earners and extending income tax exempti

Along with measures to reduce public spending, the Brazilian government has suggested raising taxes on higher earners and extending income tax exemptions for those with lower incomes in keeping with a campaign pledge made by President Lula da Silva, Finance Minister Fernando Haddad announced increasing the taxfree threshold to 5,000 reais $842 per month. However, market volatility resulted from the plan as the Brazilian real fell 1.8% and the Bovespa index fell 1.7%. Although Haddad presented a budget reduction plan that would save 70 billion reais $11.8 billion over two years, the governments economic policies are still up in the air. Read More..

B2B Tech News | 24 days ago        



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   3975   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   2747   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   3030   

4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
   3200   

5.  Approximately 8 billion gadgets connect on the internet every day.
   4208   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.