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.

Nvidia CEO Jensen Huang is expected in South Korea at the same time US President Donald Trump meets his Chinese counterpart Xi Jinping

AI chip giant Nvidia becomes world's first $5 trillion company

Megan Garcia stands next to a picture of her late son, Sewell Setzer III. The 14-year-old had fallen in love with a 'Game of Thrones' -inspired chatbot from Character.AI

Starting November

Startup Character.AI to ban direct chat for minors after teen suicide

European carmakers and parts suppliers have warned of shortages of key chips supplied by Nexperia that would force stoppages at production lines in Europe

Amid row with the Netherlands

EU seeks 'urgent solutions' with China over chipmaker Nexperia

The bank credited its 'strong results' to the addition of more than seven million new customers

Over 7 million new customers

Spain's Santander bank posts record profit

US President Donald Trump speaks during the Asia-Pacific Economic Cooperation (APEC) CEO Summit at the Gyeongju Arts Center in Gyeongju

Following trade war

Trump expects 'great meeting' with Xi

GSK now expects 2025 revenue growth of six to seven percent, double the lower end of its previous forecast

Full-year outlook

UK drugmaker GSK lifts 2025 guidance despite US tariffs

Even if Mercedes has a car plant in the United States it also has to face stiff US tariffs on imported car parts

German premium carmaker

Mercedes-Benz profit plunges on China slump and US tariffs

Norway is Western Europe's largest oil and gas producer due to its offshore fields

Net loss of $210 million

Norway's energy giant Equinor falls into loss

Australian police are working with Microsoft to develop a tool that can unravel sinister messages hidden by seemingly innocuous emojis and slang

Emoji-laden messages

Australian police design AI tool to decipher predators' Gen Z slang

Belgium is set for a record potato harvest

Traditional side

Record potato harvest is no boon in fries-mad Belgium

Investment banking operations led the growth in the third quarter

Germany's largest bank

Deutsche Bank posts record profit on strong trading

UBS's quarterly earnings were doped by $668 million in provisions that were released

Third-quarter earnings

UBS beats expectations as claws backs provisions

The tanker Boracay from Russia's so-called

Allegedly offering cover to Russian ship

NZ raids shipping insurer over alleged sanctions busting

The USS Gravely arrived at the Port of Spain on October 26

In violation with embargo

As US blows up drug boats, Venezuelan oil sets sail

OpenAI CEO Sam Altman says the startup is devoting $25 billion to curing disease and finding ways to maximize benefits of generative artificial intelligence while minimizing its risks

Sweeping overhaul

Microsoft holds 27% of OpenAI in revamped partnership

Japan's Prime Minister Sanae Takaichi (R) and US President Donald Trump attend a signing ceremony after a Japan-US Summit at the Akasaka State Guest House in Tokyo on October 28, 2025.

Hope for stocks

Wall Street record rally rolls on

Uber did not disclose how quickly it would roll out robotaxis, starting in 2027, as a result of its alliance with AI chip star Nvidia

Starting in 2027

Uber partners with Nvidia to deploy 100,000 robotaxis

The court took issue with clauses that required operators to sell a certain number of iPhones and fixed their retail prices

Unfair contract conditions

Apple ordered to pay French operators 39 mn euros over iPhone sales

The bulls have been in ascendance despite political and economic uncertainty

A plethora of factors

Why are stock markets hitting record highs?

Rosneft's German subsidiaries have a stake in the key PCK oil refinery near Berlin

Downplayed fears

Berlin says Rosneft subsidiaries not impacted by US sanctions

Elon Musk (2nd from right) is the world's richest person and was the largest donor to right-wing US President Donald Trump's successful campaign for the White House

Accusing Wikipedia of ideological bias

Musk launches Grokipedia to rival 'left-biased' Wikipedia

Amazon did not specify where the job cuts will be made

Amazon cuts staff by 14,000

HSBC's third quarter results were hit by a $1.1 billion provision related to the late Bernard Madoff's huge investment fraud

HSBC profit falls in third quarter, hit by legal woes

Football eSports is growing in popularity worldwide

China dreams of football glory at last... in gaming

TikTok said Australia's looming social media ban could force children into darker corners of the internet

Meta and TikTok to obey Australia under-16 social media ban

Amazon CEO Andy Jassy said artificial intelligence is already changing the way the e-commerce giant engages with customers as it makes operations more efficient

10 percent of jobs

Amazon to cut 30,000 office jobs: media reports

Escalation averted, for now

Wall Street stocks hit fresh records on easing US-China worries

Russia's Lukoil sells overseas assets after US sanctions

Over war in Ukraine

Russia's Lukoil to sell overseas assets after US sanctions

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