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FTAs Back on the Table India and UK Set to Revive Trade Negotiations

Negotiations for a planned Free Trade Agreement FTA between the United Kingdom and India are scheduled to commence on 24 February 2025. Beginning in J

Negotiations for a planned Free Trade Agreement FTA between the United Kingdom and India are scheduled to commence on 24 February 2025. Beginning in January 2022, the talks had been put on hold because of the general elections in both nations. Customs tariffs, services, and bilateral investments are important topics discussed in the subsequent negotiations. India wants increased access to the UK market for its highly qualified workers in industries like IT and healthcare and the removal of customs taxes on a range of products. In contrast, the UK wants more chances in Indias financial services and telecommunications industries and is pushing lower import taxes on goods like whisky. Read More..

B2B Tech News | 2 months ago          

Union Budget 202526 India Launches Centre of Excellence in AI for Education and Deep Tech Fund

The Union Budget 2025–2026 has revealed important projects to boost deep tech and artificial intelligence innovation, supporting Indias ambition to

The Union Budget 2025–2026 has revealed important projects to boost deep tech and artificial intelligence innovation, supporting Indias ambition to become a worldwide leader in technology. Finance Minister Nirmala Sitharaman made a ₹500 crore commitment to establish a Deep Tech Fund to assist entrepreneurs and a Centre of Excellence in AI for Education. By incorporating AI into the classroom, this project aims to enhance learning outcomes and equip students for difficulties in the future. Puneet Chandok, president of Microsoft India, praised the budgets emphasis on AI and emphasised the companys $3 billion investment in Indias AI ecosystem and its partnership to train 500,000 people by 2026. To encourage Indias use of AI and lessen its dependency on foreign technology, the Deep Tech Fund supports robotics, semiconductors, and artificial intelligence entrepreneurs. Read More..

B2B Tech News | 2 months ago          

Ontario Premier Doug Ford Pauses Retaliatory Measures Against U.S. After Tariff Postponement

After President Donald Trump postponed duties on Canadian imports for 30 days, Ontario Premier Doug Ford halted several retaliatory actions against th

After President Donald Trump postponed duties on Canadian imports for 30 days, Ontario Premier Doug Ford halted several retaliatory actions against the U.S., including the cancellation of a C$100 million contract with Elon Musks Starlink. At first, Ford planned to compel the removal of American goods from liquor store shelves and prohibit U.S. corporations from provincial agreements. He underlined that this halt helps avoid serious economic harm and permits further negotiations. The Starlink agreement allowed fifteen thousand distant homes and businesses highspeed internet connections. However, with Prime Minister Justin Trudeau proposing 25% tariffs on C$155 billion worth of U.S. goods, Ford cautioned that the continued ambiguity in the commercial relationship with the U.S. could endanger possible developments in Ontario. Read More..

B2B Tech News | 2 months ago          

Malaysia to Strengthen Trade Relations with China, Russia, and Brazil Amid U.S. Tariff Uncertainty

Malaysian Prime Minister Anwar Ibrahim declared that instead of waiting for possible U.S. trade penalties to pass, the nation would aggressively impro

Malaysian Prime Minister Anwar Ibrahim declared that instead of waiting for possible U.S. trade penalties to pass, the nation would aggressively improve economic ties with countries like China, Russia, and Brazil. Anwar pointed out during a parliamentary session that waiting for U.S. tariffs could have a detrimental effect on Malaysia, particularly in light of the uncertainties surrounding President Donald Trumps temporary suspension of duties on Canada and Mexico. Anwar emphasised the importance of Malaysia taking aggressive and cautious steps to broaden its network of trading partners, given the ongoing U.S. tariffs on China and the geopolitical uncertainties that impact global trade dynamics. Read More..

B2B Tech News | 2 months ago          

OpenAI Partners with Kakao to Develop AI Products in South Korea

This week, OpenAI revealed its second major Asian partnership a collaboration to build artificial intelligence products with Kakao of South Korea. CEO

This week, OpenAI revealed its second major Asian partnership a collaboration to build artificial intelligence products with Kakao of South Korea. CEO Sam Altman is in the region to meet with Indian Prime Minister Narendra Modi, who has announced a partnership with Japans SoftBank Group. With a focus on AI and communications, Kakao, the company behind the popular messaging app KakaoTalk, wants to include OpenAIs technology in its offerings. Altman emphasised the value of Korean businesses contributions to the Stargate data centre project in the United States. Additionally, he met with SK Group and intends to meet with Samsungs head. With significant investment, the South Korean government hopes to establish a national AI computing centre. After the news, Kakaos stock increased. Read More..

B2B Tech News | 2 months ago          

Google Enhances Gemini AI Tool in Sheets for Effortless Data Analysis

With Google Sheets improved Gemini AI tool, users can quickly analyse data, spot trends, and produce visualisations. Users can utilise the Gemini addo

With Google Sheets improved Gemini AI tool, users can quickly analyse data, spot trends, and produce visualisations. Users can utilise the Gemini addon to turn their requests into Pythongenerated insights by finding correlations and trends. However, as data changes, the charts must be refreshed because they are static. Google suggests utilising clear headers and wellstructured data to increase accuracy. The AIs use is limited to larger datasets because it works best with spreadsheets with fewer than one million cells. Those who have Gemini Education addons, Google One AI Premium subscribers, and Google Workspace Business and Enterprise Standard/Plus users can get the upgrade. This is an advancement in incorporating AIpowered data analysis into routine processes. Read More..

B2B Tech News | 2 months ago          

Mizuno USA Cyberattack Exposes Customer Financial and Personal Data

A cyberattack that exposed private consumer information, such as names, Social Security numbers, bank account information, and passport details, has b

A cyberattack that exposed private consumer information, such as names, Social Security numbers, bank account information, and passport details, has been confirmed by Mizuno USA. Unauthorised access and data theft occurred between 21 August and 29 October 2024, according to the breach discovered on 6 November 2024. Claiming responsibility, the BianLian ransomware organisation claims to have stolen emails, contracts, trade secrets, HR records, and financial data. Affected customers can get a free year of credit monitoring and identity theft protection from Mizuno USA, encouraging people to look for possible fraud. The business, which specialises in highperformance sports equipment and is a part of Mizuno Corporation of Japan, made $224 million last year. Uncertainty surrounds the breachs full consequences. Read More..

B2B Tech News | 2 months ago          

Barclays Outage Leaves Thousands Unable to Access Banking Services for Two Days

Over the previous two days, Barclays has experienced a significant outage that has prevented clients from accessing online and mobile banking or makin

Over the previous two days, Barclays has experienced a significant outage that has prevented clients from accessing online and mobile banking or making payments. Key banking services, including phone assistance, are still unavailable, according to more than 4,000 consumers who reported problems. The disruption has resulted in serious issues since the HMRC selfassessment tax deadline is approaching, and many customers were anticipating their first pay cheque of the year. Customers were reassured by Barclays that no one would be left out of money and that balances would be adjusted by the end of the day. On social media, irate individuals expressed their sorrow over financial difficulties and demanded recompense. Although the bank is attempting to fix the problem, no precise timeframe for complete restoration has been provided Read More..

B2B Tech News | 2 months ago          



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