Business & Tech

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RTL Lëtzebuerg

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Business & Tech

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

A handout showing Pakistan's Asim Munir arriving in Tehran

Stocks gain, oil higher as investors weigh Mideast peace prospects

German businesses were more optimistic in May despite the Iran war energy shock

Ifo confidence barometer

German business morale rises for first time since Iran war

Amazon offices in Kirchberg.

'Strategic hub for European operations'

Amazon claims €750m contribution to Luxembourg GDP in 2025

Samsung semiconductor employees are expected to receive around $337,000 under the new deal

Planned 18-day strike avoided

Samsung union to start vote on tentative wage deal

Customers look at fresh food in a supermarket in Tokyo on May 22, 2026

As further measures considered to drive down costs

Japan inflation slows more than expected in April

California Governor Gavin Newsom, who is widely expected to be a Democratic Party candidate for president in 2028, has ordered agencies to start working on a plan to deal with the job-killing effects of AI

To mitigate job-destroying impact

California governor orders a plan to cope with AI job upheaval

Shares of Nvidia fell despite strong quarterly results

Conflicting headlines

US stocks end volatile session higher as oil prices retreat

Pedestrians walk past an electronic quotation boards displaying the Nikkei Stock Average on the Tokyo Stock Exchange along a street in Tokyo on May 21, 2026

Following US upward trend

Oil gains, European stocks down on uncertain Mideast peace prospects

The company had warned in January of a financial impact from its reorganisation

Ubisoft shares plunge after grim annual results

The rollout marks the latest step in Airbnb's push to capture more of the travel spending that currently flows to competitors like Booking.com and Expedia

Facing tight regulations

Airbnb expands into hotels, cars, groceries

The war is driving up inflation and bond yields in turn

Economic repercussions

Mideast war drives up bond yields, budget risk

Staff of German lender Commerzbank demonstrate against Italian bank Unicredit's takeover bid

Boss of Germany's Commerzbank cheered as she slams UniCredit advances

Signage of Samsung Electronics is displayed outside the company's Seocho building in Seoul on May 20, 2026

'Unimaginable' economic damage

Samsung union says South Korea strike on hold 'until further notice'

Some of the dozens of vessels anchored in the Strait of Hormuz near Oman this week

Oil retreats, stocks rise on cautious Mideast war hopes

Dongfeng will build its Voyah cars at a Stellantis plant to gain ground in Europe

Avoiding hefty EU tariffs

Stellantis signs Europe joint venture with China's Dongfeng

The Labour government says it is cancelling a pre-war plan to hike motorists' fuel duty

Due to Middle East war

UK inflation drops ahead of expected war-fuelled jump

The new 'bridges' are key to helping the monkeys navigate a fragmented habitat crisscrossed by busy roads where the animals are often killed

'We have to coexist'

Sky bridges, citizen science protect endangered Malaysia monkeys

Ahead of Wall Street liftoff, SpaceX backers say the company is the gatekeeper to space itself

Claims worth up to USD1.75 trillion

SpaceX's IPO moonshot draws some doubters on Wall Street

Inflatable punching bags with pictures of Elon Musk and Sam Altman are seen outside the courthouse

'Have to be careful'

From graduation boos to voter unease: AI anxiety grows in the US

An online boom in non-consensual sexualized deepfakes currently outpaces efforts to regulate AI technology, experts say.

Concerns around shortcomings

US enforces law to crack down on sexual deepfakes

Mark Rothko's 'Brown and Blacks in Reds' was among the pieces recently put up for auction in New York

'Trend reversal'

New York art auctions roar back with blockbuster sales

Google's search engine will get a new upgrade this summer in the United States

Joining the race

Google wants its search bar to act on your behalf in AI revamp

Mic, camera, and speaker

Google unveils smart glasses, taking on Meta

The Airbus internal memo said it aims to reduce 'not strictly essential' costs by 10 percent compared to last year

Airbus seeks to cut peripheral expenses due to Mideast war

Roland Lescure acknowledged that the discussions had been sometimes difficult

G7 finance ministers vow cooperation to face 'heightened risks'

Uniper was bailed out after Russia slashed gas supplies to Europe

More than 3 years after nationalising the company

Germany starts sales process for bailed-out energy firm Uniper

Takaichi plans to draft a supplementary budget in a bid to safeguard growth as consumers face soaring prices

Concerns grow over inflation

Japan economy grows faster than expected in first quarter

Nvidia founder and CEO Jensen Huang arrives ahead of a state banquet for US President Donald Trump and China's President Xi Jinping at the Great Hall of the People Beijing on May 14, 2026

With ability to train and run AI systems

China market for Nvidia AI chips to open 'over time': Huang

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