Business & Tech

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Business & Tech

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

The war has choked off shipping in the Strait of Hormuz, pictured here in 2025

Traffic nearly halted

Hormuz shipping muted as US blockade takes hold: tracking data

US President Donald Trump said Tuesday that US-Iran peace talks could resume later this week

Continued pressure

Oil rises, stocks mixed as investors eye chances for end of Mideast war

German Chancellor Friedrich Merz praised Lufthansa on its centenary - but strikes ruined the party

Europe’s biggest aviation group

Merz praises Lufthansa on centenary as strikes ruin party

IMF Managing Director Kristalina Georgieva said 'We must brace for tough times ahead' if the conflict in the Middle East persists speaks on during a press briefing during the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on April 15, 2026.

IMF chief warns of 'tough times' if oil prices stay high

The pipeline would allow Bosnia to import US liquefied natural gas via a terminal in neighbouring Croatia

Newly created company

Bosnia approves gas project by Trump-linked investors

The EU is seeking to reign in Big Tech firms

Antitrust rules

EU rejects Meta's pay-for-access remedy in WhatsApp AI chatbots probe

Paul Conyngham's months-long quest to fight his rescue mutt Rosie's cancer has grabbed the attention of Sam Altman, whose OpenAI firm developed ChatGPT

For limited number of partners

OpenAI announces restricted-access cybersecurity model

ASML is looking at a strong year of sales

Among Europe's biggest tech firms

AI expansion drives up profits at bullish tech giant ASML

GSMA boss Vivek Badrinath told AFP higher smartphone prices caused by the global shortage of memory chips were dealing a blow to efforts to get more people online

'It is a very tight situation'

AI-driven chip shortage slowing efforts to get world online: GSMA

While there are hopes for an end to the US-Iran war, the head of the International Energy Agency warned that April could prove a tougher month than March for energy markets and the economy

Stocks rise, oil prices retreat on hopes for Mideast peace deal

Renault developed the new electric version of its classic Twingo subcompact in two years -- half the normal time

Aiming to cut costs

Renault to cut up to 20% of engineers

Kering has struggled to turn things around at Gucci, its flagship Italian fashion house famous for its handbags

Gucci -- again -- drags down Kering's performance

Rolls-Royce has unveiled its new luxury electric vehicle, limited to just a 100 cars at the company's Goodwood plant in Chichester, south of London

Rolls-Royce unveils ultra-luxury limited series electric car

Watches displayed at the stand of Swiss manufacturer H. Moser & Cie at the Watches and Wonders salon in Geneva

Watches and Wonders

Geneva watch fair set to show war's effect on luxury sector

European Central Bank chief Christine Lagarde said the eurozone had faced a 'challenging environment'

Challenging environment

ECB chief insists won't abandon ship amid global turmoil

The tie-up may help Amazon compete with Elon Musk's Starlink service

US telecoms group

Amazon says to buy Globalstar to expand satellite network

Electric car sales have shot up as Southeast Asia buyers try to avoid Mideast war-linked fuel hikes

Few alternatives

Mideast war revs up electric car demand in Asia

Booking.com scam

Fraudsters exploit booking details in particularly hard-to-spot scheme

EU steel imports

Duty-free quota slashed by 47% as bloc tightens trade rules

China's booming exports have helped offset weak consumer demand

Despite weak domestic demand

China's economy likely picked up pace in first quarter: AFP survey

Andy Corriher examines his crops during spring planting season

'Hit at worst possible time'

'Blindsided': US farmers strained as fertilizer costs surge on war

The luxury home of OpenAI CEO Sam Altman was hit by a Molotov cocktail before dawn on Friday

Incriminating documents found

OpenAI firebomber was trying to kill boss Sam Altman: prosecutors

Chevron Venezuela Mariano Vela signed the deals next to Venezuela's interim President Delcy Rodriguez during a ceremony at the Miraflores Palace in Caracas

Boosting private investment

Venezuela, Chevron strike deals to expand oil operations in key region

Patrick Pouyanne, CEO of TotalEnergies SE said the uncertainty over the Strait of Hormuz was driving a risk premium in petroleum prices

'Fundamental' for market freedom

Hormuz toll preferable to closure, TotalEnergies CEO says

The company, best known for Louis Vuitton handbags, Dior fashion, Moet & Chandon champagne and Tiffany jewellery, registered 19.1 billion euros ($22.4 billion) in sales

Luxury goods group

LVMH sales feel impact from war

The two strikes are set to disrupt's Lufthansa's operations for most of this week

Hundreds of flights cancelled

Lufthansa pilots strike as cabin crew call further stoppage

The Rolling Stones playing in California in October 2016

Mysterious release

Satisfaction as Rolling Stones drop track under Cockroaches name

Screenshot ClearSpace

Removing debris

How a Luxembourg-based start-up plans to clean up space

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