Business & Tech

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Business & Tech

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

Despite tariff-related challenges, Nike shares jumped after hours, in part by topping analyst estimates in both earnings and revenues

Amid tariff pessimism

Nike shares rally on progress in turnaround

Top congressional Democrats Chuck Schumer (L) and Hakeem Jeffries met US President Donald Trump but were unable to reach a funding agreement that would avoid a government shutdown

Supported investor expectations

Dow ends at record as US stocks shrug off shutdown risk

The online reatil giant had already made a major move into AI enhancements with the February launch of Alexa+, an upgraded version of the Alexa voice assistant

Amazon adds AI muscle to connected home lineup

An Afghan boy flies a kite in Kabul on September 29, 2025, after the Taliban authorities cut off internet and telecommunications in the crisis-hit country

Cut fibre optic cable

UN calls for Taliban to restore internet as Afghanistan goes dark

Sabadell has a dispersed ownership structure, making the outcome of the takeover bid uncertain

10 days remain to make final decision

Board of Spain's Sabadell bank rejects improved BBVA takeover bid

This month in AI news

Meta's new glasses, models pass hardest financial analyst test, and world's first video reasoning model

European Central Bank President Christine Lagarde warned that new shocks could lie ahead

Uncertain times

ECB chief says eurozone weathering Trump tariff storm

Daniel Ek -- who is known for his reserved style and pragmatism -- said he would remain an active part of Spotify despite stepping down as CEO

Leadership shake-up

Spotify founder Daniel Ek to give up CEO role

No competition concerns

EU green lights Prada's bid for Versace

YouTube agreed to pay $22 million to settle a lawsuit brought by Donald Trump after the platform blocked him from posting following January 6, 2021

Suspended his account

YouTube to pay $22 million in settlement with Trump

Lumber imports are slated to face higher tariffs after October 14

10% global tariff

US tariffs on lumber imports set for October 14

President Donald Trump is no stranger to conspiracy theories and contentious health claims.

Reviving debunked conspiracy theory

Internet outrage over Trump's AI 'MedBed' conspiracy video

California Governor Gavin Newsom vetoed a previous AI safety bill after furious pushback from the industry

Groundbreaking legislation

California enacts AI safety law targeting tech giants

The US government faces a shutdown this week as US lawmakers struggle to reach a funding deal on Capitol Hill

Soothing concerns

Stock markets shrug off US government shutdown fears

Dario Amodei, co-founder and CEO of Anthropic is a former staffer of OpenAI, the creator of ChatGPT

Claude Sonnet 4.5

Anthropic launches new AI model, touting coding supremacy

Despite trimming capital spending plans TotalEnergies still aims to boost oil, gas and electricity production

Boosting oil and gas

TotalEnergies to boost output, cut $7.5 bn in costs

Cyber gangs have increasingly targeted luxury brands and retailers

Jaguar Land Rover to partly resume output after cyberattack

Lufthansa said the majority of the job cuts would be in Germany

Nearly 4% of workforce

Germany's Lufthansa to slash 4,000 jobs by 2030

Optus -- one of Australia's top telecoms providers -- said the outage on Sunday impacted thousands of people in New South Wales

Impacted thousands

Embattled Australia telco giant hit by another major outage

Antonio del Castillo, grandfather of Brenda del Castillo and Morena Verdi, holds a shirt demanding justice for their murder

Argentine victims of live-streamed murder laid to rest on eve of protest

Former deputy attorney general Lisa Monaco

Trump urges Microsoft to fire ex-Biden administration official

US President Donald Trump announced new tariffs Thursday targeting pharmaceuticals, big trucks and furniture

Compounded by data

Stocks rise as traders weigh US inflation, Trump tariffs

Chinese ownership in TikTok's US market will drop to 20 percent under a new deal announced by President Donald Trump's White House

More questions than answers surround Trump's TikTok deal

Israeli settler violence against Palestinians in the West Bank has soared since Oct 2023

Based in various countries

UN identifies 158 firms linked to Israeli settlements

Lufthansa has lost ground to key European rivals IAG and Air France-KLM, which have outperformed the German group in terms of profitability

Lufthansa planning thousands of job cuts: sources

Chinese Premier Li Qiang arrives to speak at the United Nations General Assembly

Veiled criticism of the US

China at UN warns of return to 'Cold War mentality'

US consumer spending rose slightly more than expected in August but inflation also ticked up, with further cost pressures likely to come

With new round of tariffs

US Fed's preferred inflation gauge rises, with more cost pressures expected

The proposed UK subscription price is lower than in the European Union

In tune with Europe

Facebook, Instagram to offer paid ad-free UK subscriptions

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