Business & Tech

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Business & Tech

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

Unions have staged two general strikes against the 13-hour workday reform in Greece this month

Conservative government

Greece weighs disputed 13-hour workday reform

Era Dabla-Norris, the deputy director of the IMF Fiscal Affairs Department, seen in April 2025, called on European leaders to do more with public spending to boost economic growth

Catch up with the US

'Absolutely critical' to boost growth in Europe: IMF official

'Pokemon Legends: Z-A' will be available on Nintendo's Switch 1 and 2 consoles

Pokemon brushes up decades-old formula with 'Legends: Z-A'

SFR's parent company Altice is still burdened with billions in debt

Huge telecom takeover bid raising alarms in France is rejected

'Fake news divides. Truth unites' -- I. Coast seeks to counter disinformation from Sahel's junta-led states

Ahead of presidential elections

Sahel juntas in online bid to disrupt Ivory Coast poll

ASML, which makes cutting-edge machines that manufacture semiconductors, saw net sales come in as forecast

Geopolitical and trade tensions

Dutch tech giant ASML: China sales to dip 'signficantly' in 2026

Chinese leaders are struggling to kickstart consumer activity in the world's number two economy

China consumer spending falls as pressure on economy builds

US stocks picked up ground after comments from Federal Reserve Chair Jerome Powell boosted confidence in an interest rate cut later this month

Tempered US rhetoric

Mixed day for global stocks amid trade angst, Powell comments

US President Donald Trump calls the halt in Chinese purchases of American soybeans an 'economically hostile act'

After new controls in rare earths field

Trump threatens to end cooking oil purchases from China

Large US banks continue to report consumer resilience, but experts believe more problems could surface with corporate loans

Despite economic fears

Strong dealmaking boosts profits at US banking giants

SFR's parent company Altice had to restructure its 24 billion euro debt load with creditors earlier this year

Debt-laden rival

French telecoms join forces to break up embattled SFR

Scam centers across Cambodia, Myanmar and the region use fake job ads to attract foreign nationals to purpose-built compounds, where they are forced to carry out online fraud under threat of torture

Accused of forced labour camps

US indicts Cambodian tycoon over $15bn crypto scam empire

US Federal Reserve chair Jerome Powell, seen in September, said the bank could soon halt its balance sheet runoff

Economic growth holding up well

US Fed chair flags concern about sharp slowdown in job creation

Semiconductors are an increasing source of global geopolitical tension

After Dutch authorities seized control

Chipmaker Nexperia says banned from exporting from China

International Monetary Fund chief economist Pierre-Olivier Gourinchas said the impact of the US trade shock had remained modest

Warns of risks ahead

IMF lifts 2025 global growth forecast, warns of ongoing trade 'uncertainty'

The International Monetary Fund has called on Europe to deepen the integration of its single market to boost growth

Lackluster growth

Europe's economic integration 'insufficient': IMF chief economist

Austrian property tycoon Rene Benko went on trial over alleged fraud charges as part of a wide-ranging investigation into the insolvency of his former real estate empire

Pleaded not guilty

Fallen Austrian property tycoon Benko goes on trial over fraud charges

The United States launched a probe into China's shipping industry

Accused of supporting US investigation

China sanctions five US units of South Korean ship giant Hanwha

Members of the Swedish Academy of Sciences announce the Nobel economics prize winners, including Peter Howitt (R)

Amid growing concerns

Nobel economist warns of AI dangers

Brussels Airport, where a national strike has caused the cancellation of all departing flights

Tens of thousands to protest

Flights cancelled as Belgium hit by national strike

Google says its data centre will make India's Visakhapatnam a 'global connectivity hub'

Over the next five years

Google to invest $15 bn in India, build largest AI hub outside US

Prime Minister Viktor Orban's backers have invested significant resources utilising artificial intelligence online

Expected to sway public opinion

AI content proliferates in Hungary ahead of next year's elections

US President Donald Trump's latest action brings duties on Canadian lumber to 45 percent

Likely to fuel building costs

Trump tariffs on timber, furniture take effect

Markets have calmed down after Trump struck a more conciliatory tone towards China

US 'wants to help China, not hurt it!!!'

Wall Street stocks bounce after Trump-fueled slide

Megan Garcia hopes a landmark California law establing safeguards for AI chatbots will prevent further tragedies after losing her teenage son Sewell Setzer III in a suicide linked to such technology

After chatbot-induced teen suicides

California enacts first US law requiring AI chatbot safety measures

IMF Managing Director Kristalina Georgieva has said the global economy has been performing better than feared despite US President Donald Trump's tariffs

Semi-annual gathering

IMF meetings to start under fresh cloud of US-China trade tensions

Aghion said Europe has lagged behind the United States in terms of wealth due to its failure to implement high-tech innovations

The gap has widened

Europe cannot let US, China be 'technological leaders': Nobel laureate Aghion

An AI-generated video of London in decline, shared on the social media site X account of British far-right activist Tommy Robinson, is viewed on a smart phone in London

'Hate is profitable'

AI tools 'exploited' for racist European city videos

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