Business & Tech

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RTL Lëtzebuerg

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Business & Tech

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

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

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

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