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GLOBAL NEWS

IMF Urges Brazil to Increase Fiscal Rigour to Anchor Inflation Expectations

The International Monetary Fund IMF concluded its Article IV consultation with Brazil on October 12th, issuing a strong recommendation for the country

The International Monetary Fund IMF concluded its Article IV consultation with Brazil on October 12th, issuing a strong recommendation for the country to step up its efforts to achieve fiscal rigour. While acknowledging the central banks successful reduction of inflation, the IMF warned that without tighter control over government spending, the central banks efforts could be undermined. The recommendation emphasizes that sustainable, longterm economic growth hinges on budgetary discipline to prevent inflationary pressures and maintain the credibility of the inflationtargeting framework. This advice is critical for attracting sustained foreign investment into the South American economy. Read More..

B2B Tech News | 1 months ago      

Opec+ Surprises Markets by Announcing Further 500,000 bpd Oil Production Cut

The Opec+ alliance delivered an unexpected jolt to the global energy markets on October 14th by announcing an additional 500,000 barrels per day bpd o

The Opec+ alliance delivered an unexpected jolt to the global energy markets on October 14th by announcing an additional 500,000 barrels per day bpd oil production cut, effective immediately. The move, intended to stabilize falling prices, immediately sent Brent crude futures soaring above $95 per barrel. Analysts were caught off guard, as the decision signaled Opec+s aggressive posture in managing the supplydemand balance amid concerns over global economic cooling. This policy decision is expected to maintain upward pressure on global inflation and pose continued challenges for central banks worldwide. Read More..

B2B Tech News | 1 months ago      

WTO Cuts Global Trade Growth Forecast Amid Geopolitical and Supply Chain Disruptions

The World Trade Organization WTO announced on October 14th that it was revising its forecast for global merchandise trade volume growth down to 2.5% f

The World Trade Organization WTO announced on October 14th that it was revising its forecast for global merchandise trade volume growth down to 2.5% for 2026, citing intensifying geopolitical tensions and increasing protectionist measures. The downward revision reflects concerns over the fragmentation of global supply chains and the impact of the USChina tariff standoff. WTO DirectorGeneral Ngozi OkonjoIweala stressed that restoring confidence in the multilateral trading system is crucial to reversing the negative trend. The report serves as a warning that trade policy uncertainty is a primary driver of the global economic slowdown. Read More..

B2B Tech News | 1 months ago      

Bank of America Posts Strong Q3 Earnings, Driven by Resilient Consumer Spending

Bank of America BofA reported robust thirdquarter 2025 earnings on October 14th, with its financial results surpassing Wall Street expectations. The b

Bank of America BofA reported robust thirdquarter 2025 earnings on October 14th, with its financial results surpassing Wall Street expectations. The banks performance was primarily fueled by strong Net Interest Income NII, which benefited from higher interest rates and steady growth in consumer loan balances, particularly in credit card and auto loans. The results indicate that consumer spending remains resilient despite persistent inflation pressures. CEO Brian Moynihan emphasized the bank’s strong deposit base and reaffirmed guidance for moderate loan growth, signaling stability in the US financial sector. Read More..

B2B Tech News | 1 months ago      

Tata Steel Announces Major Restructuring Plans to Spin Off European and Southeast Asian Assets

Tata Steel announced a significant corporate restructuring plan on October 14th aimed at simplifying its global portfolio. The plan involves spinning

Tata Steel announced a significant corporate restructuring plan on October 14th aimed at simplifying its global portfolio. The plan involves spinning off its entire European and Southeast Asian operations into a new, independently financed entity. This move allows the core listed Tata Steel entity to focus exclusively on the highgrowth, highmargin Indian domestic market, where the company enjoys a dominant position. Analysts view the restructuring as a strategic move to unlock shareholder value by isolating the capitalintensive and often lowermargin international operations from the financially robust Indian business. Read More..

B2B Tech News | 1 months ago      

Europes Largest Hyperscale Data Center Completes Transition to Liquid Immersion Cooling

On October 13th, the operator of one of Europe’s largest hyperscale cloud data centers announced the successful completion of its transition to a li

On October 13th, the operator of one of Europe’s largest hyperscale cloud data centers announced the successful completion of its transition to a liquid immersion cooling architecture. This significant infrastructure overhaul replaces traditional air conditioning systems with specialized fluids that directly cool server racks, resulting in a 40% reduction in energy consumption and eliminating the use of millions of liters of water annually. The move is a pivotal demonstration of how major cloud providers are investing in innovative thermal management techniques to meet sustainability goals and manage the escalating power density of AI and highperformance computing clusters. Read More..

B2B Tech News | 1 months ago      

OpenJS Foundation Releases Updated Reference Architecture for Secure JavaScript Supply Chains

The OpenJS Foundation, which hosts foundational JavaScript projects like Node.js and Electron, released its updated Reference Architecture for Supply

The OpenJS Foundation, which hosts foundational JavaScript projects like Node.js and Electron, released its updated Reference Architecture for Supply Chain Security on October 14th. This major update provides developers and organizations with a technical blueprint for securing software development pipelines, focusing specifically on dependency management and integrity checking within the opensource ecosystem. The architecture emphasizes automated vulnerability scanning, artifact signing, and policy enforcement to combat rising software supply chain attacks. The goal is to establish a unified standard that can be adopted by thousands of downstream projects to enhance the overall trustworthiness of the JavaScript platform. Read More..

B2B Tech News | 1 months ago      

JEDEC Finalizes HBM4 Standard, Tripling Bandwidth for NextGen AI Accelerators

The JEDEC Solid State Technology Association announced on October 12th the finalization of the HBM4 High Bandwidth Memory 4 standard. This new specifi

The JEDEC Solid State Technology Association announced on October 12th the finalization of the HBM4 High Bandwidth Memory 4 standard. This new specification is a crucial architectural development for the semiconductor industry, as it promises to triple the memory bandwidth and capacity compared to its HBM3 predecessor. HBM4 is essential for feeding the massive, parallel processing demands of future AI accelerators and GPUs. The standard defines higher memory stacking and wider interfaces, enabling the creation of hardware capable of exascale AI supercomputing. This standardization marks a key milestone in scaling the performance ceiling for training the largest foundation models. Read More..

B2B Tech News | 1 months ago