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 aftermath of a forest fire in southwest France in August. Wildfires are 'the fastest-growing weather peril globally', Swiss Re says

Severe storms, deadly quakes

Economic losses from natural disasters fall to $100 bn in first half of 2026: Swiss Re

China has been cracking down on a practice known as "Singapore-washing," which is when companies leave the country to take advantage of looser regulations and funding opportunities

'Singapore-washing'

AI firm Manus to resume 'independent' operations after China blocks Meta deal

A merger of Paramount Skydance and Warner Bros. Discovery would reshape the US entertainment and media industry

California calls Paramount's threat to leave state 'blackmail'

In April, China blocked the acquisition of Manus, an AI-powered app that can carry out tasks for users, by Facebook owner Meta after a regulatory review

AFP looks at the rise and fall of its Meta deal

Caught between great powers: the cautionary tale of Manus

Oil prices plunged on hopes for a US-Iran deal to avert a conflict

Weaponising the barrel

Oil prices higher, stocks flat ahead of inflation report

There is growing concern across the music industry over AI-generated content overwhelming streaming catalogues

Spotify to launch badge identifying AI music

Gravelines is Western Europe's largest nuclear power plant with six reactors

Clogged pumps used to cool units

Jellyfish force shutdown of three reactors at French nuclear plant

Pedestrians walk next to an electronic sign board showing the Hang Seng Index in Hong Kong

Frontier technology

Hong Kong's tech index plans expansion with AI and robotics themes

Traders will be keeping a close eye on the release of US inflation data this week, after figures Friday showed thousands of job losses in July

Thousands of jobs lost

Global stocks mixed while oil prices jump on Hormuz

Archer is seeking final US certification of an air taxi that would shuttle travelers from downtown New York to airports in less than 15 minutes

Archer shares surge

Boeing to divest tech ventures for stake in air-taxi startup

Experts weigh in

Why is state involvement in cyberattacks so difficult to prove?

US' single largest emission source?

Amazon behind massive private gas plant for new data centers

iPhone-maker Apple is suing OpenAI over allegations of stolen trade secrets

Partners and rivals

Apple and OpenAI escalate legal battle over devices

A job fair in Los Angeles in July, when the US economy shed 23,000 jobs

Dollar drops, stocks climb as weak US jobs data eases rate fears

US tech company Meta is facing lawsuits over allegations of children being harmed by its social media platforms

Meta ordered to pay $567 mn in US over 'public nuisance' child harm

Autonomous weapons have come to dominate the war with Russia

Built sprawling industry from scratch

Military shake-up poses little threat to Ukraine's drone revolution

South Korean stocks dropped again, after enjoying a strong recovery since the end of last week

After strong recovery

Oil price shoots up as stocks tread water

Latvia organised together with NATO in 2025 anti-drone military exercises that featured some home-grown tech

Invigorating defensive capabilities

Baltic startups take aim at deterring Russia on NATO's eastern flank

Siemens has benefitted from demand for data centres that provide the computing power for AI

Despite higher net profit

Siemens shares plunge on disappointing guidance raise

Hundreds of vessels remain stuck since Iran shut the Strait of Hormuz to shipping traffic in response to US and Israeli strikes

Rollercoaster ride

Oil drops, stocks hit records on hopes of Hormuz opening

McDonald's executives vowed to simplify their messaging after too many campaigns flooded consumers in the second quarter

Disappointing World Cup campaign

McDonald's reports slower US sales in 2nd quarter

The World Bank has called for governments in developing countries to embrace the use of AI to achieve better governance outcomes

World Bank warns developing countries to embrace AI or be left behind

China has drawn up new rules for the growing autonomous vehicle industry

Including mandatory deactivation override

China draws up safety rules for autonomous vehicles

The yen has weakened to more than 162 per dollar for the first time in four decades

Dow hits fresh record as oil prices tumble

Blister packs of medications by Sandoz, arranged as a Swiss cross. The Basel-based pharma group has reached two settlements in the United States

Sandoz strikes US settlements to resolve generic drug price dispute

Trump told reporters aboard Air Force One that the support for Japan would ultimately benefit the US

Following four-decade low

US, Japan join forces to boost yen

RAM (random access memory) chips and NVRAM (non-volatile random access memory) chips are seen for sale in a computer centre in Hong Kong on July 28, 2026

Unwelcome side-effect

AI keeps consumer prices high in 'RAMaggedon' chip crunch

DigiRallye teaches children about risks linked to video games

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