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Iraq Signs $848 Million Oil Deal With China’s GeoJade Petroleum

With the goal of increasing output at the Tuba oilfield from 20,000 to 100,000 barrels per day, Iraq has inked a significant oil deal with Chinas GeoJ

With the goal of increasing output at the Tuba oilfield from 20,000 to 100,000 barrels per day, Iraq has inked a significant oil deal with Chinas GeoJade Petroleum. The deal represents a major advancement in Iraqs energy infrastructure development and includes the construction of a fertiliser facility, a petrochemical plant, and a refinery with a capacity of 200,000 barrels. By contributing $848 million to the South Basra integrated project, GeoJade will strengthen Chinas expanding influence in Iraqs oil industry. The agreement supports Iraqs goal of increasing its petroleum production, establishing it as a major participant in OPEC+ and fortifying its bonds with Beijing on the economic front. Read More..

B2B Tech News | 8 months ago          

Trump Delays 50% EU Tariff Until July 9 After Call With Von der Leyen

After speaking with Ursula von der Leyen, president of the European Commission, U.S. President Donald Trump has delayed the implementation of a 50% du

After speaking with Ursula von der Leyen, president of the European Commission, U.S. President Donald Trump has delayed the implementation of a 50% duty on goods from the European Union EU until July 9. After von der Leyen asked for more time for negotiations, Trump agreed to the delay, even though he had originally intended to implement the levy on June 1 due to failed negotiations. Trumps most recent action increases fears about transatlantic trade tensions, even though the EU had previously faced a 20% duty that was lifted in April. The European markets responded favourably, with the Paris CAC 40 up 1.1% and Frankfurts DAX up 1.6%. Before the new deadline, the delay enables both parties to look for a mutually beneficial trade agreement. Read More..

B2B Tech News | 8 months ago          

ECB’s Lagarde Says Euro Could Challenge U.S. Dollar’s Global Dominance

Citing global economic changes and investor concerns over the instability of U.S. policy, European Central Bank ECB President Christine Lagarde has sa

Citing global economic changes and investor concerns over the instability of U.S. policy, European Central Bank ECB President Christine Lagarde has said that the euro might emerge as a competitive alternative to the U.S. dollar. Speaking in Berlin, Lagarde underlined that if Europe fortifies its financial and security framework, the euros contribution to global trade might grow. She called on EU countries to improve crossborder payments, create a single bond market, and further economic integration. With the euro holding 20% of global reserves and the dollar down to 58%, there is room for expansion. Lagarde emphasised that Europe must merit its stature and promoted cooperative trade and financial arrangements to improve the euros reputation internationally. Read More..

B2B Tech News | 8 months ago          

EU Lifts Economic Sanctions on Syria, Boosting Trade and Investment Prospects

The European Unions decision to remove economic sanctions, the biggest relaxation of Western pressure on Damascus in more than ten years, has been war

The European Unions decision to remove economic sanctions, the biggest relaxation of Western pressure on Damascus in more than ten years, has been warmly received by Syrian business owners. Syrian Foreign Minister Asaad alShaibani hailed the action as a step towards economic stability, following a similar announcement by the United States. With corporations that had previously disengaged owing to sanctions now reestablishing contacts, entrepreneurs expect renewed commerce and investment. Business operations were hampered by the sanctions stringent restrictions on supply chains and financial transactions. In order to hasten economic recovery, the new Syrian government, headed by temporary President Ahmed alSharaa, has pushed for the lifting of sanctions. The EUs move indicates that Syrias new government is becoming more widely recognised. Read More..

B2B Tech News | 8 months ago          

Trump Media Plans $3 Billion Crypto Investment Ahead of Major Investor Meeting

Ahead of a significant gathering of cryptocurrency investors, Trump Media & Technology Group TMTG intends to raise $3 billion to invest in cryptocurre

Ahead of a significant gathering of cryptocurrency investors, Trump Media & Technology Group TMTG intends to raise $3 billion to invest in cryptocurrencies, including Bitcoin. Though terms could change, the company hopes to raise $1 billion through a convertible bond and $2 billion in new equity. Truth Socials parent company, TMTG, has been entering the financial services industry by introducing cryptocurrency exchangetraded funds ETFs that support Trumps America First objectives. Regulators are looking into the move because of Trumps personal cryptocurrency holdings. Vice President JD Vance is anticipated to announce the capital increase this week, and Trumps sons Eric and Donald Jr are expected to give speeches. Read More..

B2B Tech News | 8 months ago          

OpenAI’s o3 AI Model Uncovers ZeroDay Vulnerability in Linux Kernel

A cybersecurity researcher discovered a zeroday vulnerability in the Linux kernels SMB implementation, identified as CVE202537899, using OpenAIs o3 AI

A cybersecurity researcher discovered a zeroday vulnerability in the Linux kernels SMB implementation, identified as CVE202537899, using OpenAIs o3 AI model. A useafterfree vulnerability in the SMB logoff command handler is the source of the ksmbd modules vulnerability, which might provide attackers with deep system access to run code. This new vulnerability was found during a more thorough investigation after the researcher first tested o3 against a Kerberos authentication weakness CVE202537778. Although the AI models false positive rate is still high, researchers say it showed remarkable accuracy in identifying security issues. There is a patch available, and security teams recommend upgrades right away to reduce risks. Read More..

B2B Tech News | 8 months ago          

Marks & Spencer Cyberattack Disrupts Operations, Exposing Customer Data

In April 2025, a cyberattack disrupted operations and exposed consumer data at Marks & Spencer M&S, resulting in losses estimated at £300 million. A

In April 2025, a cyberattack disrupted operations and exposed consumer data at Marks & Spencer M&S, resulting in losses estimated at £300 million. A longtime technology partner of M&S, the Indian IT behemoth Tata Consultancy Services TCS, is looking into whether the attack entered through its infrastructure. According to reports, the Scattered Spider ransomware organisation was responsible for the attack, which compelled M&S to turn off Click & Collect, contactless payments, and online ordering. Because the M&S login credentials of TCS workers were purportedly obtained, the assault brings to light the cybersecurity dangers associated with third parties. Details have not yet been confirmed by M&S or TCS, but the investigation should be finished by June 2025. Read More..

B2B Tech News | 8 months ago          

Capgemini, SAP, and Mistral AI Partner to Deploy Secure AI Solutions for Regulated Sectors

Mistral AI, SAP, and Capgemini have teamed up to implement safe generative AI solutions for regulated sectors like energy, financial services, aerospa

Mistral AI, SAP, and Capgemini have teamed up to implement safe generative AI solutions for regulated sectors like energy, financial services, aerospace, and defence. Custom AI applications for datasensitive industries are made possible by the partnership, which combines SAPs Business Technology Platform BTP with Mistral AIs multilingual models. Capgemini will provide more than fifty prebuilt AI use cases, guaranteeing productivity, security, and compliance. While upholding stringent regulatory norms, the effort seeks to improve resilience, expedite operations, and accelerate the deployment of AI. The collaboration highlights the rising need for AIpowered business solutions in highly regulated settings. Read More..

B2B Tech News | 8 months ago          



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