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Ukraine Ratifies U.S. Mineral Agreement, Advancing Reconstruction Investment Fund

Ukraine and the United States have finalised their historic mineral pact, opening the door for a joint Reconstruction Investment Fund to draw in forei

Ukraine and the United States have finalised their historic mineral pact, opening the door for a joint Reconstruction Investment Fund to draw in foreign capital. This agreement, which was signed on April 30, gives the United States exclusive access to Ukraines vital natural resources, such as lithium, titanium, and rare earth elements, which are vital for the defence and green energy sectors. Comanaged by Washington and Kyiv, the fund seeks to secure longterm U.S. investment while accelerating Ukraines economic recovery. With Ukraine guaranteeing that resource ownership stays domestic, the accord comes after months of intensive discussions. In the face of persistent geopolitical difficulties, the action signifies strengthening strategic collaboration and furthering the U.S.Ukraine economic partnership. Read More..

B2B Tech News | 1 days ago         

Mistral Launches Devstral, an OpenSource AI Model for Advanced Coding Tasks

Mistral has introduced Devstral, an opensource agentic coding AI model that surpasses OpenAIs GPT4.1 Mini for software development jobs. The 128,000to

Mistral has introduced Devstral, an opensource agentic coding AI model that surpasses OpenAIs GPT4.1 Mini for software development jobs. The 128,000token context window in Devstral, which has been refined from MistralSmall3.1, allows for multifile editing and indepth codebase research. Built in partnership with All Hands AI, the model outperforms Qwen 3 and DeepSeek V3 to rank first on the SWEVerified test. Devstral is superior to standard coding models in contextualised code generation because it recognises subtle flaws and component interactions. It is perfect for ondevice use and is available under an Apache 2.0 license. It allows both local deployment and API access. Read More..

B2B Tech News | 1 days ago         

IndiaEU Trade Talks Accelerate With Early Harvest Pact Targeted for July 2025

With an eye towards completion by July 2025, India and the EU are speeding up talks for an early harvest trade agreement. As a prelude to a fullfledge

With an eye towards completion by July 2025, India and the EU are speeding up talks for an early harvest trade agreement. As a prelude to a fullfledged free trade agreement FTA, the deal will cover tariffs, corporate procurement, intellectual property rights IPRs, and nontariff barriers. India wants to open markets for its steel, pharmaceutical, and clothing exports, while the EU is promoting duty reductions on cars, medical equipment, wines, and poultry. After the 11th round of negotiations in New Delhi on May 16, representatives from the Commerce Ministry are in Brussels for talks. With bilateral commerce reaching $137.41 billion in 2023–2024, the agreement is anticipated to increase economic relations between the two regions. Read More..

B2B Tech News | 2 days ago         

Chesnara Eyes HSBC UK Life Insurance Acquisition Amid Strategic Expansion

A possible purchase of HSBCs UK life insurance division is being investigated by Chesnara, a life and pensions consolidator with headquarters in the U

A possible purchase of HSBCs UK life insurance division is being investigated by Chesnara, a life and pensions consolidator with headquarters in the UK. Chesnara was one of several suitors interested in the unit, and the deal might be worth several hundred million dollars. Following a string of asset sales in Europe and North America, HSBCs divestment is in line with its larger goal of refocusing on Asia. With 1 million policies and £14 billion in assets under management, Chesnara has established itself as a major force in the UK insurance market. There is no guarantee that a final agreement will be reached, as discussions are still ongoing. Read More..

B2B Tech News | 2 days ago         

EIB Launches €70 Billion AI and Semiconductor Plan to Strengthen EU Tech Leadership

A €70 billion AI and semiconductor investment plan is being developed by the European Investment Bank EIB to increase EU competitiveness versus the

A €70 billion AI and semiconductor investment plan is being developed by the European Investment Bank EIB to increase EU competitiveness versus the U.S. and China. With an emphasis on semiconductors, artificial intelligence, health technology, and essential commodities, the effort, known as Tech EU, seeks to draw in €250 billion in longterm investments. To support Europes tech industry, EIB President Nadia Calvino underlined the necessity of investment, market integration, and regulatory simplification. The proposal is in line with the EUs overarching objective to foster innovation and lessen dependency on foreign semiconductor suppliers. By 2027, the plan should be complete, establishing Europe as a world leader in semiconductor and artificial intelligence research. Read More..

B2B Tech News | 2 days ago         

ECB Retains Past Stimulus Policies Amid Inflation and Financial Losses

Despite criticism of its own policies due to rising inflation and financial losses, the European Central Bank ECB will continue to implement its previ

Despite criticism of its own policies due to rising inflation and financial losses, the European Central Bank ECB will continue to implement its previous stimulus initiatives in its current strategy review. Commencing in March 2025, the review looks at the continued efficacy of instruments including as forward guidance, negative interest rates, and quantitative easing QE. Despite the fact that some policymakers favour restricting bond purchases, the ECB mainly upholds its prior strategy, claiming that stimulus measures were advantageous. The review also acknowledges the volatility in international markets and restates the ECBs 2% inflation target. There was a broad unanimity on the final plan document, despite some governors expressing discontent and expecting for a more critical examination. Read More..

B2B Tech News | 11 days ago         

India and EU Advance FTA Talks, Targeting Swift Pact Conclusion

In a bid to swiftly complete the first phase of the agreement, India and the European Union EU have initiated the eleventh round of Free Trade Agreeme

In a bid to swiftly complete the first phase of the agreement, India and the European Union EU have initiated the eleventh round of Free Trade Agreement FTA negotiations. Given the uncertainty surrounding global trade, both parties have opted for a twophase approach, aiming to conclude negotiations by 16 May, focusing on market access, services, investment, and government procurement. India seeks zero tariffs on labourintensive goods, whereas the EU is advocating for duty reductions on cars, medical items, wines, and spirits. To expedite discussions, Commerce Minister Piyush Goyal recently met with EU officials in Brussels. If finalised, the agreement could boost Indian exports of textiles, steel, and pharmaceuticals. Read More..

B2B Tech News | 12 days ago         

Spain’s GMV Unveils LUPIN, a Lunar Navigation System Inspired by Google Maps

LUPIN, a GPSlike navigation system for the Moon, was introduced by the Spanish technology company GMV with the aim of making lunar expeditions as stra

LUPIN, a GPSlike navigation system for the Moon, was introduced by the Spanish technology company GMV with the aim of making lunar expeditions as straightforward as using Waze or Google Maps. Created in partnership with the European Space Agency ESA, LUPIN tracks the location of rovers and individuals in realtime by utilising signals from satellites orbiting the Moon. The lunarlike environment of Fuerteventura, Spain, served as the systems testing ground. To support future human colonies and Mars exploration, GMV aims to map dark areas such as the lunar far side and south pole by combining satellite data with existing lunar cartography. Read More..

B2B Tech News | 12 days ago         



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