Header-template

 Global News

Subscribe our Newsletter

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

Europe

Cambridge Researchers Unveil Aardvark Weather, a GameChanger in Meteorology.

With assistance from Microsoft, Google, and the Alan Turing Institute, researchers from the University of Cambridge have launched Aardvark Weather, a

With assistance from Microsoft, Google, and the Alan Turing Institute, researchers from the University of Cambridge have launched Aardvark Weather, a groundbreaking AIdriven forecasting system. This approach provides projections in minutes on a desktop computer with just one machinelearning model, replacing conventional supercomputerdependent techniques. Compared to current systems, Aardvark is thousands of times faster and requires fewer processing resources. It generates global and hyperlocal forecasts by analysing data from sensors, weather stations, and satellites. With only 10% of the input data, the systems accuracy has surpassed that of the U.S. Global Forecast System. Weather forecasting could be revolutionised by Aardvarks efficiency and adaptability, which would assist sectors including disaster relief, renewable energy, and agriculture. Read More..

B2B Tech News | 9 days ago         

Deutsche Bank Grants DWS Exclusive Access to Private Credit Deals

To give it first dibs on private credit agreements, Deutsche Bank has teamed up with its asset management division, DWS. By enabling it to examine di

To give it first dibs on private credit agreements, Deutsche Bank has teamed up with its asset management division, DWS. By enabling it to examine direct lending, assetbased financing, and other private credit alternatives obtained by Deutsche Bank, this action seeks to enhance DWSs alternative investment offers. With big nonbank lenders like Apollo, KKR, and Blackstone controlling the market, the private lending industry is expanding quickly. Banks like Citi have also partnered with private credit managers to compete. Patrick Connors of Deutsche Bank will join DWS as Global Head of Private Credit as part of the project. With €110 billion in alternative assets under management, DWS aims to increase its presence in this profitable and cutthroat industry. Read More..

B2B Tech News | 9 days ago         

Allianz Exits Bajaj Allianz JV, Sells 26% Stake for $2.84 Billion

For about €2.6 billion $2.84 billion, Allianz SE has agreed to sell the Bajaj Group its 26% shares in two joint ventures with Indias Bajaj Finserv B

For about €2.6 billion $2.84 billion, Allianz SE has agreed to sell the Bajaj Group its 26% shares in two joint ventures with Indias Bajaj Finserv Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company. With this deal, a collaboration that lasted more than 20 years ended. Allianz highlights that India is still a significant growth market despite the divestment and says it plans to look into fresh prospects there. Allianz had previously made unsuccessful attempts to raise its ownership of these joint ventures. According to reports, Jio Financial Services, a division of the Reliance Group under Mukesh Ambani, is a possible partner for Allianz. Read More..

B2B Tech News | 9 days ago         

Swiss National Bank Reverses Course, Buys $1.36B in Foreign Currencies

Compared to the 132.9 billion Swiss francs sold in 2023, the Swiss National Bank SNB bought 1.2 billion Swiss francs $1.36 billion in foreign currenci

Compared to the 132.9 billion Swiss francs sold in 2023, the Swiss National Bank SNB bought 1.2 billion Swiss francs $1.36 billion in foreign currencies in 2024. This adjustment aligns with the SNBs plan to keep inflation at 1.1% in 2024, within its target range of 02%. As stated in December 2023, the bank stopped selling foreign currency after attaining price stability to fortify the franc and reduce import inflation. On Thursday, the SNB is expected to announce its following monetary policy. Read More..

B2B Tech News | 9 days ago         

India, EU to Hold 10th Round of FTA Talks in Brussels from March 1014

The tenth round of Free Trade Agreement FTA negotiations between India and the EU will take place in Brussels from 10 March to 14 to resolve significa

The tenth round of Free Trade Agreement FTA negotiations between India and the EU will take place in Brussels from 10 March to 14 to resolve significant concerns and conclude the agreement before the end of the year. While tackling regulatory obstacles, discussions will centre on lowering tariffs on EU goods such as wine and cars. The possible threats of U.S. tariffs under Donald Trump have made the situation more urgent. The EUs Carbon Border Adjustment Mechanism, which may increase exporters costs, is one of Indias worries. In light of changing global dynamics, the EU, Indias biggest trading partner, views the FTA as essential for bolstering economic ties and broadening trade alliances. Both parties are still dedicated to overcoming obstacles and expanding their commerce with one another. Read More..

B2B Tech News | 16 days ago         

EU and India Target YearEnd Free Trade Agreement, Strengthen Ties

European Commission President Ursula von der Leyen and her team recently travelled to India to improve bilateral ties. They declared their plans to co

European Commission President Ursula von der Leyen and her team recently travelled to India to improve bilateral ties. They declared their plans to complete a free trade agreement FTA and form a defence alliance by the years end. The European Unions strategic decision to broaden its relationships in the face of international difficulties is reflected in this project. Given Indias increasing importance on the global scene, the EU wants to strengthen trade, technological, and security cooperation with the country. This move demonstrates the EUs proactive strategy for establishing new alliances in a shifting geopolitical environment. Read More..

B2B Tech News | 21 days ago         

Spain Outpaces Eurozone, U.S. in Growth—Thanks to ProMigration Policies

Spains proimmigration position is a significant economic driver, as evidenced by its 3% GDP growth in 2024, which outpaced that of the Eurozone and th

Spains proimmigration position is a significant economic driver, as evidenced by its 3% GDP growth in 2024, which outpaced that of the Eurozone and the United States. Since almost all postpandemic population expansion has come from immigration, 13% of the workforce is now foreignborn, supporting sectors including construction, services, and agriculture. According to the Bank of Spain, stability will require 30 million workingage immigrants over 30 years. Even while illegal migration is still a problem, Spains government is encouraging legitimate routes, giving 900,000 undocumented migrants work licenses, and establishing partnerships with African countries. Spain is positioned as a model for using immigration to sustain economic growth and an ageing population, contrasting with the growing antiimmigrant sentiment in Europe. Read More..

B2B Tech News | 21 days ago         

Orange Romania Hit by Cyberattack 6.5GB of Data Leaked by HellCat Hacker

The HellCat ransomware groups hacker used compromised credentials and Jira vulnerabilities to get access to a nonessential program in a cyberattack th

The HellCat ransomware groups hacker used compromised credentials and Jira vulnerabilities to get access to a nonessential program in a cyberattack that Orange Group admitted targeted its Romanian branch, Orange Romania. 6.5GB of data, including 380,000 email addresses, source code, invoices, contracts, and customer and staff information, was stolen by the attacker, Rey. Even though there was no ransomware assault, a ransom letter was left, but Orange refused to negotiate. Therefore, the material was made public on the dark web. Orange prioritised data protection and guaranteed no disruption to customer operations. Analysis of the leaked sample indicates that a large portion of the data is outofdate, with some email addresses belonging to Yoxo customers or former employees, making its applicability today questionable. Read More..

B2B Tech News | 21 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.
   4726   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   3244   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   3581   

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.
   3762   

5.  Approximately 8 billion gadgets connect on the internet every day.
   4774   



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.