Business & Tech

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Business & Tech

Coverage of business, technology, and finance, from global markets to the latest tech and AI news.

Replica shirts of several German players, including Deniz Undav, were temporarily unavailable due to a shortage of the letter 'V'

Adidas runs out of letter 'V' as German fans snap up World Cup shirts

Security fears will be high on the agenda

Eyeing greater independence

German grid connection deal to boost North Sea wind power

BMW downgraded forecats, the latest bad news from Germany's auto sector

Vows to step up cost-cutting efforts

BMW downgrades 2026 targets on Mideast war, China woes

Palantir was founded with backing from the American CIA

'Strategic autonomy'

French spies drop AI giant Palantir over US overreliance fears

Donald Trump said ships were again moving through the Strait of Hormuz and it would be 'completely open' by Friday

European stocks extend gains, oil falls on US-Iran deal

Japan's national flag flutters at the Bank of Japan headquarters building in Tokyo on June 16, 2026

Battling Mideast war inflation

Bank of Japan hikes interest rate to 31-year high

Shifting habits

Luxembourg telecoms growth slows as landline and TV use falls

Milan-based UniCredit aunched its bid in May to gain control of its German rival and cement its status as a European heavyweight

Highly political takeover offer

Deadline looms for UniCredit's hostile bid for Commerzbank

Local farmer Neetu sprinkles organic biofertiliser in a field in Bichpuri village near Uttar Pradesh's Tappal town

Among largest consumers

India eyes biofertilisers after Mideast war stoked supply fears

Fewer people nowadays get their news from traditional sources like television

Reuters Institute of Journalism report

Social networks, online video outweigh traditional media in 2026

Branding for companies that are not FIFA sponsors have all been covered or removed at Los Angeles Stadium, normally known as SoFi Stadium, ahead of the 2026 World Cup

From NFL to FIFA

World Cup venues scrub branding, get new names for tournament

US President Donald Trump has threatened to slap a 100 percent tariff on French wine and champagne unless Paris removes a digital services tax on tech firms

Tax on tech firms

Trump threatens 100% tariff on French wines over digital tax

Starbucks Korea, which has more than 2,000 stores nationwide -- the third largest after the United States and China -- was embroiled in public uproar last month when it ran a "Tank Day" promotion advertising a reusable cup, evoking a deadly crackdown on a 1980 pro-democracy uprising

Campaign gone awry

Starbucks Korea to close outlets for history lesson after 'Tank Day' fiasco

Britain's plans reportedly aim to totally ban social media for under 16s, and stop late-night scrolling by older teenagers

'Moral responsibility'

UK PM announces ban on social media for under-16s

Courts in the US and elsewhere are beginning to crack down on sloppy legal briefs marred by AI 'hallucinatons'

Hundreds of cases

Courts cracking down on error-strewn AI-assisted legal briefs

Anthropic is currently at odds with the Trump administration, which has terminated all of its government contracts with the company

For 'national security reasons'

US order cutting access to Anthropic's AI models sparks criticism

Steven Spielberg's latest sci-fi thriller follows an effort to reveal a decades-long coverup of extra-terrestrial visits

Sci-fi thriller

Spielberg's 'Disclosure Day' debuts atop N. America box office

British Prime Minister Keir Starmer and Japanese Prime Minister Sanae Takaichi held talks at Downing Street ahead of them both going to a G7 summit in France that starts Monday

'New era of cooperation'

London, Tokyo agree $24-bn investment deal

Anthropic announced its Project Glasswing in April, saying a select group of firms would test its powerful Mythos model for potential safety concerns

Fable 5, Mythos 5

Anthropic cuts access to AI models over US 'national security' order

Vu lénks no riets: CFL-Vizepresident Romain Gantrel, ACL-President Yves Wagner, ACL-CEO Miriam Eisenmenger an ACL-Vizepresident Ed Goedert.

€33 million in revenue

85% of breakdowns fixed on the spot, ACL reports

Elon Musk faces criticism for stoking violent rhetoric on his platform X as anti-immigrant clashes rocked Belfast

'Instrumental' amplification

Newly minted trillionaire Musk under fire over Belfast riots

SpaceX employees celebrate the company's Wall Street debut, the largest initial public offering in US history

Twenty years on

SpaceX: Five key moments, from first launch to Starship megarocket

That's one way to stop doom-scrolling

Facebook, Messenger and Instagram hit by global outage

Stocks rallied after President Donald Trump called off fresh strikes on Iran

Forecast-busting jump in jobs

US stocks rally, oil prices fall as Trump calls off fresh Iran strikes

Elon Musk is seen through glass at the Ronald V. Dellums US Courthouse in Oakland, California,

Overpromises and underdelivers?

Musk's empire as SpaceX heads to Wall Street liftoff

Russia banned access to the US-owned platform last December

Popular video game

Russia unblocks Roblox after widespread child anger

Data showed US consumer inflation surged to a fresh three-year high in May, hitting 4.2 percent year-on-year

Stocks slide on US inflation surge, tech weakness

Bosch says the market for its sensors that are used in robots is growing rapidly

Adapting to market trend

Struggling German auto supplier Bosch pivots to robots

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