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 future of the EU-US tariff pact has been thrown into question after the US Supreme Court ruled in February that Trump lacks the authority to impose levies under a 1977 law

New probes announced

EU vows to 'respond firmly' to any trade pact breach by US

Germany is heavily reliant on energy imports to power its economy

Surge in energy prices

Mideast war to brake German recovery: institute

Cathay Pacific announced new fuel surcharges for most routes that are roughly double the existing ones

Due to Middle East war

Cathay Pacific roughly doubles fuel surcharge on most routes

Honda warned that expected to bokk losses of almost $16 billion in this fiscal year

Major reorientation of EV strategy

Electric vehicle rethink to cost Honda almost $16 billion

Global oil prices have climbed dramatically since the war, prompting warnings that high fuel prices could drive inflation above 5 per cent in Australia.

Allowing higher sulfur levels

Australia to change fuel quality standards to boost supply

Community members attend a vigil to honor victims of the Tumbler Ridge mass shooting

Potential for real-world harm

'Happy (and safe) shooting!': Study says AI chatbots help plot attacks

IEA members created their strategic petroleum reserves after the first oil shock in 1973 to better handle disruptions in supplies

400 million barrels

Strategic oil reserves, a crisis cushion

Rheinmetall sees faster growth in 2026 after record earnings last year

Record profits expected

German defence giant Rheinmetall sees business boost from Mideast war

Spanish PM Pedro Sanchez is an outspoken critic of the power of big tech companies and their bosses

Spain to deploy tool to track social media hate speech

Revolut has long awaited a banking licence in its home market

End of restrictions

British fintech Revolut gets full UK banking licence

Cathay Pacific says it will boost the number of passengers it carries in 2026

Energy concerns

Cathay says surcharge to rise as fuel prices jump during Mideast war

Everton's new Hill Dickinson Stadium in the British port of Liverpool is drawing in the crowds, as the club seeks to boost revenues

Amid broadcasting slump

European football clubs score with stadium rebuilds

The Louis Vuitton show at the Paris fashion week used shepherds' hats and bags with bells to take spectators back to nature

Back-to-nature show

Louis Vuitton takes Paris fashion week on mountain ride

Oil prices have seen extreme volatility this week as fears of an extended conflict were offset by Donald Trump's latest comments

Ahead of schedule?

Oil prices dive as IEA eyes emergency release with Hormuz Strait in focus

The current crisis differs considerably from the 1973 oil shock, not least because most countries have emergency stocks

Oil crisis: Is world better placed than in 1973?

Visitors check out the PlayStation gaming stall during the Bengaluru Comic Con 2025 fest in Bengaluru on December 21, 2025

Allegedly breaching competition law

UK trial opens against Sony over PlayStation video game prices

AI pioneer Yann LeCun spent 12 years at Meta

'Advanced Machine Intelligence'

French AI startup AMI announces $1 bn raised in funding

Anthropic chief executive Dario Amodei said the company disputes the legal basis of the action

Deemed a supply chain risk

Anthropic vows court fight in Pentagon row

Electricity prices in Europe are linked to prices of natural gas, adding to its dependency on imported gas

Calls for reform

Soaring gas prices spark renewed debate about European electricity

There have been a flurry of AI investment announcements in Germany

Pledging to step up innovation

Google opens AI centre as Berlin defends US tech reliance

Tesla's German factory in Gruenheide near Berlin

Elected body representing workers

Union loses fight against Tesla at German factory

China set its lowest annual growth target in decades as it tackles sluggish domestic consumption and a flagging property market

China sets lowest growth target in decades as consumption lags

The case against Google Gemini is the latest in a wave of litigation targeting AI companies over chatbot-linked deaths

Latest in a wave of litigation

Florida family sues Google after AI chatbot allegedly coached suicide

Stands for Gulf countries were deserted at the Berlin fair

Biggest disruption to travel since Covid

'Nothing is working': Gulf travel turmoil hits Berlin tourism fair

Adidas CEO Bjoern Gulden had his contract extended to 2030

'We will wait and see'

Adidas shares slump on outlook, Mideast war casts shadow

‘AI4Lux’ project

AI tools to assist Luxembourg civil servants before broader employee rollout

Minimalist interfaces are common among alternative phones

Privacy and attention promises from alternative phones at MWC

German agrichemical giant Bayer has spent more than $10 billion settling thousands of cases linked to the Roundup weedkiller

Roundup litigation

Weedkiller cancer claims drive Bayer to bigger loss

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