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 Federal Reserve will publish its next interest rate decision on October 29

Meeting-by-meeting approach

US Fed official urges caution but says could back October cut

Mango founder Isak Andic, 71, died in December 2024 after plunging more than 100 metres (300 feet) while hiking with his eldest son Jonathan in the Montserrat mountains near Barcelona

Suspicions arise

Mango founder's son under scrutiny as police probe death

The dollar trades at 280 Venezuelan bolivars on the black market compared to 203 officially

Caracas records 8.7 pct growth but Venezuelans lament economic woes

Mango founder Isak Andic, 71, died in December 2024 after plunging more than 100 metres (300 feet) while hiking with his eldest son Jonathan in the Montserrat mountains near Barcelona

Amid son speculation

Spanish police keep Mango founder death probe open

Thousands of UK claimants have filed legal action against US pharmaceutical giant Johnson & Johnson

Asbestos alleged

Johnson & Johnson faces UK lawsuit over talc cancer claim

The trade row with the United States has compounded problems in China's economy including weak consumer spending and a debt crisis in the property sector

China's economic growth slowed to 4.8% in third quarter: AFP poll

Wall Street indices were pressured by worries about the health of regional banks following the latest disclosure of problems by Zions Bancorp

Markets in flux

US stocks fall as regional bank angst adds to list of worries

Airbnb and Booking.com are being sued for listing accommodation in Israeli settlements

Legal complaint

Airbnb and Booking.com accused in France over Israeli settlement listings

Both banks had offered lavish dividends in a bid to woo Sabadell shareholders

Spain's BBVA fails in Sabadell takeover bid

European Central Bank President Christine Lagarde said the effect of trade uncertainty had been less painful than feared

European Central Bank

Europe 'well positioned' for future shocks: ECB's Lagarde

Electronic Arts says more than more than 15 million hours of 'Battlefield' gameplay were watched at online streaming platforms after the recent release of the latest installment to the military shooter franchise

'Battlefield' video game sees big-time sales

US Treasury data showed the overall budget deficit shrank by two percent over the past year

Despite revenue surge

US budget deficit narrows just slightly despite tariff revenues

DoorDash users in the southwestern US city of Phoenix will be able to get meals and groceries delivered by Waymo driverless cars

Waymo robotaxis to deliver orders for some US DoorDash users

Federal Reserve governor, Christopher Waller, seen in 2020, said he backs a rate cut in late October

Believes inflation will soon cool

US Fed chair contender backs October rate cut

Armani, who died in September aged 91, kept a tight control of the empire he built up over five decades, which spanned hotels to haute couture

Armani names executive close to designer as new CEO

Russia relies on sales of oil and gas to fill its state coffers

Speaking at a conference

Putin says Russia a top oil producer, despite 'unfair' pressure

Unions have stages general strikes and protests against the reform

Despite fierce objections

Greece lawmakers back plan to allow 13-hour workday

The headquarters of Swiss food giant Nestle, which is pushing to save billions of dollars in the next two years

Swiss food giant

Nestle to cut 16,000 jobs worldwide

Many internet users passively consume content infused with AI-enabled disinformation.

Deepfake music deceives millions

YouTube users trip over fake AI tributes to Charlie Kirk

Taiwan Semiconductor Manufacturing Company (TSMC) has been a massive beneficiary of the frenzy in AI investment

Huge demand for microchips

AI boom delivers record net profit for Taiwan's TSMC

US Treasury Secretary Scott Bessent and trade envoy Jamieson Greer slam China's rare earth export controls and urge cooperation with allies

Amid tariff war

US Treasury chief: Beijing's rare earths move is 'China vs world'

US Treasury Secretary Scott Bessent said he had spent weeks working on a new private sector 'facility' to support Argentina's economy

Argentine markets cheer new US aid, but Trump threat sparks anger

United Airlines foresees growth in demand and expects a strong fourth quarter

Optimism for fourth quarter

United sees demand 'strengthening' as profits edge lower

Syrian Finance Minister Mohammed Yisr Barnieh said the country needs technical support, not financial assistance, from international organizations like the International Monetary Fund and the World Bank

Massive rebuild

Syria won't wait for global community to reform economy: Finance Minister

After volatile days

Stocks rise on US rate cut hopes, strong company earnings

TED is globally known for its trademark 'talks' sharing big ideas for a better world

Conference series

Exiting TED leader clings to tech optimism

The European Union's economy commissioner Valdis Dombrovskis says G7 finance leaders have agreed to work in a coordinated way on tapping Russian assets to support Ukraine

Convening in Washington

EU economy chief urges G7 to join plan tapping Russia assets for Ukraine

Automaker Stellantis is shifting production of the Jeep Compass from a plant in Brampton, Ontario, to the Midwestern US state of Illinois

Canada fears for auto jobs after Stellantis announces US investment

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