Header-template

 Global News

Subscribe our Newsletter

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

BUSINESS NEWS

UAE Commits to Historic $1.4 Trillion Investment in U.S. Over 10 Years.

Sheikh Tahnoon bin Zayed, the UAEs national security advisor, met with former President Donald Trump and committed to a 10year, $1.4 trillion investme

Sheikh Tahnoon bin Zayed, the UAEs national security advisor, met with former President Donald Trump and committed to a 10year, $1.4 trillion investment framework in the United States. This investment will concentrate on industries including manufacturing, electronics, energy, and AI infrastructure. Two major projects are a $1.2 billion mining cooperation for essential minerals and a $25 billion energy infrastructure project by UAEs ADQ and Energy Capital Partners. Emirates Global Aluminium intends to almost double domestic production by constructing the first new aluminium smelter in the United States in 35 years. This framework emphasises the UAEs goal of expanding its worldwide investment footprint and strategic economic connections with the United States. Read More..

B2B Tech News | 1 months ago        

NvidiaBacked CoreWeave Targets $2.7 Billion in U.S. IPO Amid AI Boom

Supported by Nvidia, to take advantage of the growing demand for cloud computing and artificial intelligence, CoreWeave plans to raise up to $2.7 bill

Supported by Nvidia, to take advantage of the growing demand for cloud computing and artificial intelligence, CoreWeave plans to raise up to $2.7 billion through a U.S. initial public offering IPO. With significant support from Nvidia, a major player in the AI infrastructure market, CoreWeave, a cloud provider that specialises in highperformance computing and AI workloads, has grown quickly. The increasing need for AI model training, especially as companies invest in generative AI and machine learning, has helped the company. The IPO, which is anticipated to rank among the largest in the tech industry this year, demonstrates investors faith in cloud computing powered by AI. It would establish CoreWeave as a significant rival in the AI cloud industry if it were successful. Read More..

B2B Tech News | 1 months ago        

South African Reserve Bank Holds Interest Rates Amid Inflation Concerns

The benchmark interest rate will remain steady, the South African Reserve Bank SARB said, citing worries about inflation and the state of the world ec

The benchmark interest rate will remain steady, the South African Reserve Bank SARB said, citing worries about inflation and the state of the world economy. The central bank strives to strike a balance between price stability and economic growth in the face of external challenges, including shifting commodity prices and geopolitical unrest. Inflationary threats, poor economic growth, and a weak currency are some of the ongoing issues facing South Africa. SARB continues to exercise caution and regularly monitors local inflation trends, economic performance, and international financial conditions before making any changes. Although the ruling gives borrowers stability, analysts predict that further rate reductions will be contingent upon less inflation and a stronger economy. In order to sustain longterm economic resilience and preserve financial stability, the central bank reiterated its commitment. Read More..

B2B Tech News | 1 months ago        

South Africa Expands Trade Partnerships Amid U.S. Diplomatic Strains

Despite political difficulties with the United States, South Africa is concentrating on growing commercial alliances in an effort to diversify its eco

Despite political difficulties with the United States, South Africa is concentrating on growing commercial alliances in an effort to diversify its economic connections. Disagreements over trade and geopolitical matters are the root of the rift, which raises questions about the future of economic ties between the United States and South Africa. In response, South Africa is reducing its reliance on Western economies by fortifying its relations with emerging markets, especially those in Asia, Africa, and the BRICS bloc. The nation wants to improve regional economic cooperation, increase exports, and draw in foreign investment. Notwithstanding the diplomatic difficulties, policymakers are dedicated to maintaining a stable trading climate and looking for fresh ways to maintain economic expansion while striking a balance with both Western and nonWestern allies. Read More..

B2B Tech News | 1 months ago        

India’s $23 Billion PLI Scheme Falls Short, Incentives Lapse

Aiming to increase domestic manufacturing and compete with China, Indias $23 billion productionlinked incentive PLI programme has mostly fallen short

Aiming to increase domestic manufacturing and compete with China, Indias $23 billion productionlinked incentive PLI programme has mostly fallen short of expectations, causing many incentives to expire. The 2020 initiative failed to reach investment targets due to bureaucratic roadblocks and sluggish implementation, despite its goal of luring multinational corporations, especially in electronics and semiconductors. The programme was unable to generate widespread industrial growth, even though some businesses profited. Many international players continued to be cautious, pointing to inconsistent policies and infrastructure issues. With the expiration of the incentives, India will once again have to improve its industrial policy to compete with China and other Southeast Asian nations that continue to draw large amounts of foreign investment. Read More..

B2B Tech News | 1 months ago        

Kraken Acquires NinjaTrader for $1.5 Billion, Expanding Beyond Crypto

Major cryptocurrency exchange Kraken has announced that it will buy NinjaTrader for $1.5 billion. NinjaTrader, a wellknown futures and forex trading p

Major cryptocurrency exchange Kraken has announced that it will buy NinjaTrader for $1.5 billion. NinjaTrader, a wellknown futures and forex trading platform, will strengthen Krakens position in the more significant financial trading sector. Krakens plan to diversify into conventional financial products and serve individual and institutional investors aligns with the acquisition. By integrating NinjaTraders tools with its current infrastructure, Kraken hopes to provide a more complete trading experience. The transaction illustrates how traditional finance and cryptocurrencies are increasingly overlapping as large exchanges look to diversify. Krakens user base and product offerings should grow due to the acquisition, strengthening its position as a leader in the changing financial sector. Read More..

B2B Tech News | 1 months ago        

Vodafone Idea in Talks with Starlink, Others for Satellite Services Expansion

According to Vodafone Idea, it is in exploratory talks to expand its service offerings with satellite communication companies, such as Elon Musks Star

According to Vodafone Idea, it is in exploratory talks to expand its service offerings with satellite communication companies, such as Elon Musks Starlink. Jagbir Singh, Chief Technology Officer, outlined the companys plan to use satellite technology to deliver both fixed and mobile services in underserved areas, especially in rural areas and smaller towns where the cost of deploying traditional infrastructure is prohibitive. Recent agreements between Starlink and rivals Bharti Airtel and Reliance Jio of Vodafone Idea to launch satellitebased internet services in India are the reason behind this development. In order to begin operations in the nation, Starlink must first secure the required regulatory approvals. Following the announcement, Vodafone Ideas stock rose by over 5%. Read More..

B2B Tech News | 1 months ago        

Rwanda’s Economy Surges 8.9% in 2024, Driven by Services & Industry

Rwandas statistics office reports that the countrys economy grew by 8.9% in 2024. Strong results in the services and industry sectors were the main dr

Rwandas statistics office reports that the countrys economy grew by 8.9% in 2024. Strong results in the services and industry sectors were the main drivers of growth, with services making up 46% of GDP and industry 22%. Despite difficulties, the agriculture industry continued to be a vital economic component. The governments initiatives to advance manufacturing, technology, and infrastructure are in line with Rwandas economic growth. Foreign investment has also surged in the nation, especially in digital services and green energy. The government is still hopeful that it can maintain rapid growth rates with the help of regional trade and policy changes. However, sustaining this momentum in the upcoming years may be difficult due to concerns associated with climate change and global economic instability. Read More..

B2B Tech News | 1 months 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.
   4875   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   3373   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   3705   

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.
   3891   

5.  Approximately 8 billion gadgets connect on the internet every day.
   4906   



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.