Business & Tech

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Business & Tech

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

A giddy US President Donald Trump has hailed his

Fentanyl, beans, and Ukraine

Fentanyl, beans and Ukraine: takeaways from Trump-Xi's 'great meeting'

BYD's overseas bid appears to be gathering pace

Amid overseas expansion aims

Chinese EV giant BYD says Q3 profit down 33%

The ECB has kept interest rates on hold in recent months

Following year-long series of cuts

ECB holds rates steady with eurozone more resilient

Macau, which has its own legal system largely based on Portuguese law, enacted national security legislation in 2009 and widened its powers in 2023

'Increasing pressure and risks'

Independent Macau media outlet says it will close by December

Shares in Jeep-maker Stellantis fell sharply as it warned of upcoming charges

Double-digit fall Thursday

Shares in Jeep-maker Stellantis slump despite rising sales

The world's biggest economy did not publish third quarter GDP figures as scheduled this week as a government shutdown persisted

Now in 30th Day

No GDP data released as US shutdown bites

Nissan has faced numerous speed bumps in recent years

Economic difficulties

Nissan says expects $1.8 bn operational loss in 2025-26

An artist's impression of a project to build a suspension bridge between Sicily and mainland Italy, made available by Webuild Multimedia Library

'Intolerable intrusion'

Italy court stalls Sicily bridge, triggers PM fury

Novo Nordisk, maker of Ozempic and Wegovy, made an offer valuing Metsera at $6 billion

Danish pharmaceutical giant

Novo Nordisk launches bidding war with Pfizer for obesity drugmaker Metsera

AI firms from industry leader OpenAI to music specialists like Udio and competitor Suno have been accused by major record companies of using their songs to 'train' artificial intelligence models which can produce music that apes human artists

Industry-first tie-up

Universal says struck first licensing deal for AI music

A rare meeting between US President Donald Trump and Chinese leader Xi Jinping temporarily stabilised relations, analysts said, and drew cautious optimism on the streets of Beijing

Temporarily stabilising US-China relations

'Significant' Xi, Trump talks win cautious optimism in China

Launching in 2030

Branson's Virgin moves closer to launching Eurostar rival

Despite political instability over massive debt and deficit, the French economy grew by 0.5 percent in the third quarter

Official data showed

Eurozone growth beats expectations in third quarter

Volkswagen has struggled with the shift to electric vehicles

Volkswagen posts 1-billion-euro loss on tariffs, Porsche woes

Shell's profits had struggled in the first half of the year due to lower oil and gas prices

Sales volumes improved

Shell's net profit jumps despite lower oil prices

Trump hailed his first meeting with Xi in six years as a

'Great success'

Trump, Xi ease fight on tariffs, rare earths

Officials began hiking rates from below zero in March last year

Bank of Japan keeps interest rates unchanged

The US government shutdown enters its 30th day on Thursday, putting a scheduled GDP data release on ice along with other economic reports this month

US economy in the dark as government shutdown cuts off crucial data

Samsung posts 32% profit rise on-year in third quarter

AI-fuelled market

Samsung posts 32% profit rise on-year in third quarter

New Zealand farmers agree to sell dairy coop Fonterra's consumer business to France's Lactalis

Valued at NZ$4.2 billion

'Utter madness': NZ farmers agree dairy sale to French group

Argentina's President Javier Milei has vowed to press ahead with his radical free market agenda after his resounding victory in national mid-term elections

Argentina's libertarian President

Taxes, labor laws, pensions: what Milei wants to do next

Google said its Gemini App now boasts over 650 million monthly active users

Booming industry

Google parent Alphabet posts first $100 bn quarter as AI fuels growth

Boeing results were weighed down by the latest large hit from the delayed certification of the 777X

Due to prolonged certification process

Boeing reports $5.4 bn loss on large hit from 777X aircraft delays

Meta shares sink as $16 bn US tax charge tanks profit

US Federal Reserve chair Jerome Powell told reporters that there had been strong divisions over the future path of monetary policy during the interest rate-setting meeting

Would boost American economy

Divided US Fed backs second quarter-point rate cut of 2025

US Federal Reserve Chair Jerome Powell said the central bank might adopt a more cautious approach to changing monetary policy in light of the lack of economic data due to the government shutdown

Ahead of Federal Reserve announcement

Dollar rises after Fed chair says December rate cut not a given

South Africa's President Cyril Ramaphosa is making a two-day state visit to Switzerland

'Text-based' negotiations

S. African president eyes better US tariff deal 'soon'

John Malone reached the highest echelons of the global media business when he sold his vast TCI cable group to AT&T in 1999 in a $48 billion deal

US media mogul John Malone to step down as head of business empire

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