Business & Tech

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Business & Tech

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

Mitsotakis said the agreement would open 'a new chapter in Greece's energy history'

Offshore drilling

Greece woos US energy deals, as eco groups cry foul

The former military headquarters in Belgrade was destroyed during the US-led NATO air campaign

Previously designated 'cultural asset'

Serbia fast-tracks army HQ demolition for Trump family hotel

An employee opens a massive security door inside the storage room of Tradium, a company specialised in trading rare earths, near Frankfurt, western Germany

Essential for modern tech

Inside Germany's rare earth treasure chest

After bumping prices following the Covid pandemic, Ikea has allocated between two and three billion euros to reduce prices by 10 percent over the past two fiscal years

Ikea profits drop on lower prices, tariff costs

AI will be taking centre stage at this year's Web Summit as major global players are racing to control the supply chain for chips needed to drive generative artificial intelligence

'Davos for geeks'

Global tech tensions overshadow Web Summit's AI and robots

New York's mayor-elect Zohran Mamdani has repeatedly been a target of misinformation

Right-wing Trump supporters

US influencers falsely associate Mamdani with extremist group

Musk, with a net worth of more than $500 billion according to Forbes, is already the world's richest person

To achieve breakthroughs

Tesla shareholders approve Musk's $1 trillion pay package

This handout courtesy of Rockstar Games shows a video grab from a 'Grand Theft Auto VI' video game trailer that has fans thinking it will feature a 'Bonnie and Clyde' style outlaw couple

'Sorry for additional time'

'Grand Theft Auto VI' video game delayed again until Nov. 2026

Data showing US private sector hiring has fallen to a 14-year low dampened sentiment but increased expectations of an interest rate cut next month

Trader sentiment creeped back

Stocks slide as investors weigh data, interest rate cuts

Shein opened is first brick-and-mortar store in Paris on Wednesday

Following childlike sex doll scandal

France urges EU to sanction Shein platform

US President Donald Trump said he has reached deals with Eli Lilly and Novo Nordisk to lower the costs of some popular weight-loss drugs

In exchange for tariff relief

Trump unveils deals to lower costs of some weight-loss drugs

The crashes of the two Boeing 737 MAX jets resulted in 346 fatalities

Part of agreement

US judge drops criminal charges against Boeing over 737 MAX 8 crashes

Coinbase has its European headquarters in Ireland

Potentially linked to criminal activities

Crypto giant Coinbase fined in Ireland for rule breaches

Germany's steel industry employs about 80,000 people directly, according to federation WV Stahl

Surging energy costs

German steel industry girds for uncertain future

Police said they had conducted over 100 immigration checks during the raid

After surprise inspection

Police say 19 held after raid at Swedish start-up Stegra to be deported

De Wever has threatened to resign if coalition partners don't agree a cost-cutting budget

Staring at collapse

Teetering Belgian government given more time to agree budget

The EU strategy mirrors the one embraced by Trump, who imposed 50-percent tariffs to keep out cheap metals from China

Tariffs on foreign steel

Merz backs EU plan to protect steel sector from Chinese imports

The Bank of England's policymakers were divided over whether or not to cut rates as economic growth stagnates but inflation remains considerably higher than its target of two percent

Bank of England leaves rate unchanged before UK budget

At the China International Import Expo, US exporters hit by the trade war with China hope improving bilateral relations will bring stability

Bilateral relations

Battered US businesses eye improved China trade at Shanghai expo

US officials said the scheduled capacity for flights is being cut by 10 percent in 40 busy air traffic areas nationwide

Being cut by 10%

US to cancel flights as longest govt shutdown drags on

British and French serious fraud officials are investigating alleged bribery at Thales, which denies any wrongdoing

Alleged bribery

Probe into Thales defence group looking at Indonesian contract

The main task of the BoE is to keep Britain's annual inflation rate at 2.0 percent

Potential surprise cut incoming

BoE set for finely balanced pre-budget rate call

Donald Trump's provocative AI posts target his rivals and critics

A parallel reality

'AI president': Trump deepfakes glorify himself, trash rivals

All 157 passengers and crew were killed in the 2019 crash of an Ethiopian Airlines Boeing 737 MAX

Last-minute deal

Boeing settles with one plaintiff in 737 MAX crash trial

The US private sector is continuing to add jobs, data shows

Despite strong earnings

Wall Street stocks rebound after positive jobs data

US President Donald Trump's global tariffs have attracted legal challenges that are now before the Supreme Court

US Supreme Court appears skeptical of Trump tariff legality

McDonald's shares rose as it reported higher comparable sales despite missing analyst expectations on profits

Fast-food giant

Promotions lift McDonald's sales in tricky consumer market

BMW says it is well prepared to ride out the US tariff storm

Despite tariffs and slowing China sales

BMW reports rising profitability, shares jump

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