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Switzerland Confirms No Delay in TEPA Ratification Despite MFN Clause Suspension

The ratification and implementation of the Trade and Economic Partnership Agreement TEPA signed with India and the European Free Trade Association EFT

The ratification and implementation of the Trade and Economic Partnership Agreement TEPA signed with India and the European Free Trade Association EFTA bloc will not be delayed, according to Switzerlands recent decision to suspend the Most Favoured Nation MFN clause in the Double Taxation Avoidance Agreement. This ban may impact Swiss investments in India, and businesses in Switzerland may pay more taxes. Nonetheless, according to the Swiss Embassy in India, this judgement has no adverse effect on investments or trade relations. With an investment pledge of $100 billion from EFTA, the TEPA, signed in March, is anticipated to generate one million employment in India. The trade imbalance between Switzerland and India in 2023–2024 was $19.72 billion. Read More..

B2B Tech News | 7 months ago          

PM Narendra Modi to Strengthen IndiaKuwait Ties During TwoDay Visit

Prime Minister Narendra Modi will visit Kuwait for two days, starting Saturday, to enhance bilateral relations in trade, investment, defence, and cult

Prime Minister Narendra Modi will visit Kuwait for two days, starting Saturday, to enhance bilateral relations in trade, investment, defence, and cultural exchanges, as announced by the Ministry of External Affairs MEA. Invited by Emir Sheikh Meshal AlAhmad AlJaber AlSabah, Modi aims to discuss various cooperation areas, including boosting trade and energy ties. IndiaKuwait bilateral trade was valued at $10.47 billion in 202324, making India a key trading partner and a significant crude oil supplier. The visit is expected to strengthen ties with the Gulf Cooperation Council GCC and advance ongoing Free Trade Agreement FTA negotiations. This will be the first state visit by an Indian Prime Minister to Kuwait in 43 years. Read More..

B2B Tech News | 7 months ago          

Honda and Nissan Announce 2026 Merger to Compete Against Rising EV Rivals

The announcement of a 2026 merger between Honda and Nissan would represent a dramatic change in the Japanese car sector as Chinese electric vehicle pr

The announcement of a 2026 merger between Honda and Nissan would represent a dramatic change in the Japanese car sector as Chinese electric vehicle producers become more competitive. Following Toyota and Volkswagen, this combination would make the two businesses the thirdlargest auto group in the world, allowing them to pool resources and scale in response to competition from BYD and Tesla. The merged company hopes to generate an operating profit of more than 3 trillion yen and revenues of 30 trillion yen $191 billion. Notwithstanding the possibility of Mitsubishi Motors 7211.T joining the merger, Honda and Nissan agree that a successful business recovery for Nissan is necessary before finalising the agreement. Following the news, shares of both companies increased, indicating optimism among investors. Read More..

B2B Tech News | 7 months ago          

Arcadium Lithium Shareholders Approve $6.7 Billion Sale to Rio Tinto with 98% Vote

Ninetyeight per cent of shareholders of Arcadium Lithium voted in favour of the $6.7 billion sale to the massive Australian mining company Rio Tinto.

Ninetyeight per cent of shareholders of Arcadium Lithium voted in favour of the $6.7 billion sale to the massive Australian mining company Rio Tinto. Arcadiums shares increased by almost 7% in extended trading after the news. With the purchase anticipated to finish in mid2025, Rio Tinto will overtake Albemarle and SQM as the thirdlargest lithium miner in the world. However, several shareholders have filed a lawsuit against Arcadium, claiming that the company was negligent and misled about the transaction. Rio Tinto agreed earlier this year to purchase Arcadium for $5.85 per share, almost 90% more than the stocks closing price on October 4. Through the acquisition, Rio Tinto will have access to Arcadiums lithium mines, processing plants, and important clients, such as Tesla and GM, in several nations. Read More..

B2B Tech News | 7 months ago          

Lithium Americas and GM Finalize Joint Venture for Thacker Pass Lithium Mine

The joint venture between General Motors and Lithium Americas to develop the Thacker Pass lithium mine in Nevada has been finalised. According to CEO

The joint venture between General Motors and Lithium Americas to develop the Thacker Pass lithium mine in Nevada has been finalised. According to CEO Jonathan Evans, the projects final investment decision is expected to be made in early 2025. GM will use a credit facility and cash payments totalling $625 million to purchase a 38% interest in the mine as part of the transaction. This collaboration comes after the U.S. government approved a $2.26 billion loan for the Thacker Pass project, launched during the Biden administration but authorised under Donald Trump. At full capacity, Thacker Pass should generate 40,000 metric tonnes of batterygrade lithium carbonate yearly, enough to power about 800,000 electric cars. Read More..

B2B Tech News | 7 months ago          

Microsoft Unveils RealTime Translation Feature for Live Captions on Copilot+ PCs

To lessen dependency on OpenAIs GPT4 and save operating expenses, Microsoft is integrating both internal and external AI models into Microsoft 365 Cop

To lessen dependency on OpenAIs GPT4 and save operating expenses, Microsoft is integrating both internal and external AI models into Microsoft 365 Copilot. Although OpenAI is still a vital partner, Microsoft is also training its Phi4 models and modifying openweight models to increase efficiency and speed. The change will save expenses and possibly make Copilot more accessible for business clients. This approach aligns with other Microsoft initiatives, including GitHub, which lately embraced other Anthropic and Google methods. 2024 analysts predict that 365 Copilot will have over 10 million paying users, with utilisation recorded in 70% of Fortune 500 businesses, despite uptake and pricing problems. Read More..

B2B Tech News | 7 months ago          

MediaTek Launches Dimensity 8400 with 41% MultiCore Boost and 44% Power Savings

The Dimensity 8400 chipset, which MediaTek introduced for highend mobile devices, offers notable improvements in efficiency and performance. With eigh

The Dimensity 8400 chipset, which MediaTek introduced for highend mobile devices, offers notable improvements in efficiency and performance. With eight Arm CortexA725 cores clocked at up to 4.32GHz, the processor outperforms the Dimensity 8300 in multicore performance and uses 44% less power. It offers improved gaming performance with MediaTek Frame Rate Converter and Adaptive Gaming Technology thanks to its Arm MaliG720 GPU. The MediaTek NPU 880 with Dimensity Agentic AI Engine enhances AI capabilities by enabling generative AI tasks with quicker processing speeds. The processor supports up to 320MP cameras, 4K video at 60 frames per second, LPDDR5x RAM, and UFS 4.0 storage. It also has satellite connectivity, WiFi 6E, and advanced 5G. By the end of 2024, devices containing this chipset should be available. Read More..

B2B Tech News | 7 months ago          

Google Developing AI Mode for Search, Combining Chatbot and Query Capabilities

According to reports, Google is working on an AI Mode for its Search platform to provide users with a conversational interface for searches instead of

According to reports, Google is working on an AI Mode for its Search platform to provide users with a conversational interface for searches instead of the topicsummarizing AI Overviews feature. Like the Gemini chatbot interface, the AI Mode will offer followup query alternatives, relevant URLs, and contextual information. Google intends to compete with OpenAIs ChatGPT, which is said to have significantly more active users and increase user engagement by incorporating Geminis capabilities into Search. The feature may improve Search engine functionality, which is anticipated to handle both voice and text prompts. Though its release date is unknown, AI Mode, which sits beneath the text field on Search, may help close the gap between search and conversational AI. Read More..

B2B Tech News | 7 months ago          



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