Business & Tech

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Business & Tech

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

Brussels believes the European Union can still compete in the global AI race

Falling behind US and China

EU wants key sectors to use made-in-Europe AI

Tamil Nadu Chief Minister M.K. Stalin warned up to three million jobs could be at risk across the state's textile belt

Everything 'upside down'

Indian garment exporters reel under US tariffs

Spot gold prices have hit a record high and are just short of the $4,000 mark

Stocks falter, gold shines as traders weigh political turmoil

The EU executive proposed to hike levies on steel imports to 50 percent

Bid to save ailing sector

EU targets foreign steel to rescue struggling sector

The WTO headquarters is next to Lake Geneva

Bleak picture next year

WTO hikes 2025 trade growth outlook but tariffs to bite in 2026

German industry is struggling through a long downturn

Fourth quarter of decline

German factory orders drop in new blow to Merz

Open AI's Fidji Simo says AI investment frenzy 'new normal,' not bubble

Skyrocketing demand

OpenAI's Fidji Simo says AI investment frenzy 'new normal,' not bubble

California has banned loud TV commercials after complaints that the advertisements were often noisier than the programs they interrupted

Shhhh! California bans noisy TV commercials

A stop sign is seen in front of the US Capitol -- where talks to reopen the federal government have seen little progress

No deal in sight

Trump 'happy' to work with Democrats on health care, if shutdown ends

French borrowing costs soared higher as markets monitored the latest developments involving Prime Minister Sebastien Lecornu

Paris stocks slide amid French political upheaval, Tokyo soars

OpenAI sits at the center of an AI investment bonanza

Investment spree continues

OpenAI signs multi-billion dollar chip deal with AMD

Ramping up its chip industry is a way for Beijing to beat restrictions imposed by Washington on exports of the most advanced chips -- used to power AI systems -- to China

Gaining momentum

China's chip challenge: the race to match US tech

Nvidia is far in the lead when it comes to the semiconductors needed for AI technology

Closing the gap

Competition heats up to challenge Nvidia's AI chip dominance

French Prime Minister Sebastien Lecornu risks being toppled by the opposition in a deeply divided parliament

Familiar faces, familiar division

France unveils new government amid political deadlock

Italy's biggest agricultural association Coldiretti is calling the US tariffs on pasta a 'fatal blow'

Following anti-dumping investigation

Italy working hard to prevent extra US tariffs on pasta

Opec+ has changed strategy to seek market share

Balancing market share

Opec+ plus to raise oil production by 137,000 barrels a day in November

Hidden time killer

Professional Luxembourgers lose over two days a year entering password information

The OPEC+ alliance has shifted its strategy and has sought to gain market share by increasing output

OPEC+ meets with future oil production hanging in the balance

The latest shutdown affected over 6,500 passengers

Over 6,500 passengers affected

Flights resume at Munich airport after second drone scare

French air traffic controllers have demanded better pay and conditions

Following consultations with CAA

French air traffic controllers cancel three-day strike

Health Minister Alexandre Padilha has urged Brazilians to steer clear of colorless spirits.

11 poisonings confirmed; 102 suspected

Caipirinhas cancelled: Brazil on alert over deadly drinks

Wall Street is brushing off the US government shutdown

Stocks rise on AI optimism, US rate-cut hopes

Amazon's founder Jeff Bezos has invested in the American generative AI start-up Perplexity

'Immense' benefits

AI in an 'industrial bubble' but will benefit society: Bezos

Hong Kong authorities already use artificial intelligence to monitor crowds and read license plates

Cutting-edge technology

Hong Kong to install surveillance cameras with AI facial recognition

Economists warn that without key government data, it will be tougher to assess the state of the economy for policy and business decisions

Decision makers navigate uncertainty

US delays key jobs report due to government shutdown

Links to Israel

Carrefour name disappears from Arab stores as Israel boycotters claim victory

Some 2.8 million foreign visitors headed to Benidorm on Spain's Mediterranean coast in 2024

Despite protests

Spain's Benidorm embraces its Franco-era mass tourism model

There are fears supplies of Asahi's popular Super Dry beer could be hit by the outage

Cyberattack halts shipments from Japan's biggest brewer

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