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South Korea’s Exports Rise 5.8% in November, Driving Trade Surplus of $0.8 Billion

On Thursday, the customs office issued data showing that South Koreas exports for the first 20 days of November increased 5.8% year over year. This in

On Thursday, the customs office issued data showing that South Koreas exports for the first 20 days of November increased 5.8% year over year. This increase in exports demonstrates the nations adaptability to international trade conditions. In contrast, imports decreased by 1.0% over the same period, resulting in a $0.8 billion preliminary trade surplus. With an excellent export performance despite global economic uncertainty, the trade surplus is a good measure of South Koreas financial health. One possible explanation for the rise in exports is the need for essential goods like ships and semiconductors, vital to South Koreas manufacturing industry. The trade surplus implies that South Korea is upholding a stable equilibrium between imports and exports, bolstering its overall economic stability. Read More..

B2B Tech News | 2 months ago          

Indonesia Weighs $100 Million Apple Investment Proposal Amid iPhone 16 Sales Ban

As the tech giant looks to lift its restriction on iPhone 16 sales nationwide, Indonesia is considering a $100 million investment proposal from Apple

As the tech giant looks to lift its restriction on iPhone 16 sales nationwide, Indonesia is considering a $100 million investment proposal from Apple Inc. Apples offer to construct a manufacturing facility for accessories and components to meet Indonesias 40% domestic content standard for smartphones was confirmed by the Ministry of Industry. Following an initial $10 million investment offer from Apple, the meeting is being led by Minister Agus Gumiwang Kartasasmita. Apples failure to fulfil its local investment obligations led to the sales ban on the iPhone 16 and Google Pixel. President Prabowo Subiantos more extensive initiatives to support homegrown sectors by applying pressure to foreign companies are reflected in Indonesias drive for increased local manufacturing. Read More..

B2B Tech News | 2 months ago          

PM Modi Makes Historic Visit to Guyana, Strengthening Indias Ties with Latin America

As the first Indian prime minister to visit Guyana in 56 years, Prime Minister Narendra Modis trip highlights Indias expanding ties with Latin America

As the first Indian prime minister to visit Guyana in 56 years, Prime Minister Narendra Modis trip highlights Indias expanding ties with Latin America. Modi is meeting with Guyanas Indian diaspora, which makes up around 40% of the population, at the second IndiaCARICOM Summit after attending the G20 Summit. Through programs like sending aircraft and giving indigenous populations access to solar lights, Indias relations with Guyana have improved. Guyanas explosive economic expansion, which oil discoveries have driven, presents opportunities for cooperation in infrastructure, technology, and energy. This trip demonstrates Indias growing interest in Latin America, which has witnessed a boom in investment, trade, and strategic alliances, especially under the direction of External Affairs Minister S. Jaishankar. Read More..

B2B Tech News | 2 months ago          

KPMG to Invest $100 Million in AI Services Through Google Cloud Partnership

KPMG said on Wednesday that it will work with Google Cloud to improve its enterprise AI services by investing $100 million over the next four years. M

KPMG said on Wednesday that it will work with Google Cloud to improve its enterprise AI services by investing $100 million over the next four years. Most of the money will be used for internal projects, such as creating AI agents and educating staff members on using AI. As more businesses look to professional services firms for assistance integrating AI, this investment indicates the growing demand for AI services. Over the past two years, KPMGs Google Cloud reservations have increased tenfold, and the company is also growing its AI offerings via a $2 billion partnership with Microsoft. All three of the biggest cloud companies are anticipated to expand together, and Google views alliances with consulting firms as essential to its cloud growth plan. Read More..

B2B Tech News | 2 months ago          

Adani Group Stocks Plunge $28 Billion Following Bribery and Fraud Charges Against Gautam Adani

Following charges of bribery and fraud against the chairman, Gautam Adani, by U.S. authorities, the market value of shares of Adani Group firms droppe

Following charges of bribery and fraud against the chairman, Gautam Adani, by U.S. authorities, the market value of shares of Adani Group firms dropped by around $28 billion. The losses ranged from 9% to 23% for Adani Enterprises and other group equities, such as Adani Ports, Adani Power, and Adani Green. The groups overall market value dropped from $169 billion earlier in the week to about $141 billion. According to the accusations, Adani and his accomplices allegedly paid $265 million in bribes to obtain contracts, including one for the most extensive solar power facility in India. Following earlier claims of stock manipulation and tax haven use by shortseller Hindenburg Research, the disclosure has caused Adani Group bonds to drop precipitously. Read More..

B2B Tech News | 2 months ago          

Google Launches Air View+ in India to Combat Air Pollution with AIDriven Insights

To combat air pollution, Google launched Air View+ in India, which uses AI and cuttingedge sensors to provide hyperlocal air quality data. The system

To combat air pollution, Google launched Air View+ in India, which uses AI and cuttingedge sensors to provide hyperlocal air quality data. The system provides detailed data verified by IIT and pollution board specialists, serving more than 150 cities. Local governments can use customised dashboards to pinpoint areas of high pollution and put solutions in place, and Google Maps gives users access to realtime AQI data. By empowering vulnerable communities to adopt preventative measures, this effort assists urban planners in creating solutions for cleaner air. With AI and insights from regional climatetech companies, Air View+ is wellpositioned to impact Indias air pollution fight significantly. Read More..

B2B Tech News | 2 months ago          

Microsoft Ignite 2024 AI Agents and Productivity Tools Take Center Stage

The business highlighted automation and productivity at Microsoft Ignite 2024 by introducing major Windows, Microsoft 365, Azure, and AI improvements.

The business highlighted automation and productivity at Microsoft Ignite 2024 by introducing major Windows, Microsoft 365, Azure, and AI improvements. Four new artificial intelligence AI agents were highlighted, including the SharePoint Agents for retrieving project details and documents, the Teams Facilitator Agent for taking notes during realtime meetings, the Project Manager Agent in Microsoft Planner for automating tasks, and the Employee SelfService Agent for answering IT and HR questions. Additionally, Microsoft improved Copilot Pages with Rich Artefacts for generating interactive flowcharts and code blocks and introduced Copilot Actions, which lets users automate repetitive activities. Teams rapid file summary function and PowerPoints 40language translation tool were extra features. Through 2025, previews of these improvements will be released to streamline workflows. Read More..

B2B Tech News | 2 months ago          

Deloitte India and Securiti Join Forces to Address Data Privacy Challenges

Deloitte India and Securiti have teamed up to provide scalable, privacyfirst solutions that address data privacy, security, and compliance issues. By

Deloitte India and Securiti have teamed up to provide scalable, privacyfirst solutions that address data privacy, security, and compliance issues. By fusing Securitis cuttingedge technology with Deloittes experience, the partnership includes automation, Data Security Posture Management DSPM, and simplified compliance to assist businesses in navigating intricate laws like the CCPA, GDPR, and Indias Digital Personal Data Protection Act DPDPA. The alliance aims to improve data integrity standards through AIdriven frameworks, and leaders from both companies stressed the value of trust and innovation. In line with Indias swift digital development, Securitis latest public cloud deployment improves data sovereignty and regulatory compliance. This partnership enables companies to safeguard customer information while encouraging responsibility and adaptability in the everchanging digital environment. Read More..

B2B Tech News | 2 months ago          



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