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Nigeria Secures $1.2 Billion Deal with China to Revitalize Gas Facility and Boost Aluminium Production

Nigeria and Chinas CNCEC have agreed to a $1.2 billion agreement to restore a gas processing plant at the Nigerian Aluminium Smelter Company. This col

Nigeria and Chinas CNCEC have agreed to a $1.2 billion agreement to restore a gas processing plant at the Nigerian Aluminium Smelter Company. This collaboration aims to increase Nigerias aluminium output and establish it as a significant producer in local and global markets. The agreement is viewed as a step towards economic recovery and more international investment despite the nations financial difficulties, which include rising inflation and a depreciating currency. The partnership strengthens ties between China and Nigeria, which have been closer since 2016. Read More..

B2B Tech News | 12 months ago        

Peru and Japan Sign Defense and Mining Cooperation Deals, Strengthening Bilateral Ties

After the APEC conference, Japans Prime Minister Shigeru Ishiba and Peruvian President Dina Boluarte held an official visit and inked agreements on mi

After the APEC conference, Japans Prime Minister Shigeru Ishiba and Peruvian President Dina Boluarte held an official visit and inked agreements on mining and defence cooperation. With Japan being a significant buyer of Peruvian copper, the agreements entail strengthening mining supply lines. Peru also inked a defence arrangement with South Korea, including the production of fighter jet parts and a submarine agreement. Chinas President Xi Jinping was present at the recent opening of the Chancay mega port in Peru, which improves trade between Asia and Latin America. Read More..

B2B Tech News | 12 months ago        

Alibaba Targets $5 Billion in Bond Issuance for Debt Repayment and Share Buybacks

Alibaba Group intends to issue offshore yuan and dollar bonds to raise $5 billion. Bonds with maturities of 5.5, 10.5, and 30 years are included in th

Alibaba Group intends to issue offshore yuan and dollar bonds to raise $5 billion. Bonds with maturities of 5.5, 10.5, and 30 years are included in the dollar tranche, whilst bonds with maturities of 3.5, 5, 10, and 20 years are included in the yuan tranche. Repurchases of shares and debt repayment are among the general business uses for the money raised. The company determines the ultimate amount, interest rates, and maturity dates as the deal progresses. Read More..

B2B Tech News | 12 months ago        

Tata Electronics Acquires Majority Stake in Pegatrons iPhone Facility in India

By purchasing most of Pegatrons only iPhone production plant in India, Tata Electronics has established a joint venture in which Tata would oversee 60

By purchasing most of Pegatrons only iPhone production plant in India, Tata Electronics has established a joint venture in which Tata would oversee 60% of the business. The action strengthened Tatas position as an Apple supplier, aligning with Apples larger plan to diversify its production outside of China. This purchase supports Tatas previous acquisition of the Wistron facility and current initiatives to enhance production capacity in India, simultaneously with Apples growing market share and exports. The collaboration highlights how, despite geopolitical changes, Apple is expanding its manufacturing presence in India. Read More..

B2B Tech News | 12 months ago        

Brazils Central Bank Chief Calls for Immediate Fiscal Reforms to Boost Market Confidence

Roberto Campos Neto, the departing head of Brazils central bank, stressed the urgent need for the government to employ a "positive fiscal shock" and r

Roberto Campos Neto, the departing head of Brazils central bank, stressed the urgent need for the government to employ a "positive fiscal shock" and reduce spending to calm markets. Campos Neto emphasised that structural and urgent fiscal restraint is necessary. Finance Minister Fernando Haddad questioned the timing of the announcement of a fiscal package. In the meantime, Brazils currency and interest rates are being impacted by worries about inflation and fiscal policy, which have been made worse by the plans of U.S. Presidentelect Donald Trump. Read More..

B2B Tech News | 12 months ago        

LG Display Secures $1 Billion Investment License in Vietnam for OLED Expansion

Vietnam has given South Koreas LG Display a licence to invest $1 billion in its Haiphong factory to boost the production of OLED displays. As to the H

Vietnam has given South Koreas LG Display a licence to invest $1 billion in its Haiphong factory to boost the production of OLED displays. As to the Haiphong Economic Zone Authority, LG Display has increased its overall investment in Vietnam to $5.65 billion with this expansion. By taking this action, LG demonstrates its dedication to enhancing its manufacturing capacity in the area and reaffirming Vietnams position as a major centre for hightech manufacturing. Read More..

B2B Tech News | 12 months ago        

Indias Trade with the US Soars to $39.2 Billion, Strengthening Economic Ties

Exports from India to the US increased from $21.46 billion in 2015 to $39.2 billion in October 2023, indicating a steady increase in trade. Accords su

Exports from India to the US increased from $21.46 billion in 2015 to $39.2 billion in October 2023, indicating a steady increase in trade. Accords such as the IndoPacific Economic Framework reinforce the economic cooperation between the two nations. Indias exports, especially IT services, are thriving despite prospective obstacles from a future US government, such as potential tariffs and more stringent immigration regulations. Indias biggest trading partner is still the US, and the two countries bilateral commerce is expected to continue growing, particularly in technology and services. Read More..

B2B Tech News | 12 months ago        

India and Kazakhstan Strengthen Trade and Tech Ties, Focus on Electronics and Manufacturing

With an emphasis on manufacturing and electronics, India and Kazakhstan are strengthening their technological and commercial relations. Leaders of the

With an emphasis on manufacturing and electronics, India and Kazakhstan are strengthening their technological and commercial relations. Leaders of the two countries explored joint venture potential during the IndiaKazakhstan Business Conference in Astana, with Indias electronics capabilities—including the "MakeinIndia" initiative—playing a significant role. In support of Kazakhstans digital initiatives, the event showcased Indias proficiency in digital payments, including UPI. The development of intelligent cities, energyefficient infrastructure, and electronics manufacturing are promising areas for collaboration. The value of bilateral trade reached $1 billion in 2023, and there is still room for expansion. Read More..

B2B Tech News | 12 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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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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.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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