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.

The ECB has kept interest rates on hold in recent months

Revolutionary tech

AI not hitting European jobs for now: ECB

Adidas shares have been sliding in recent times

Disappointing forecast

Adidas shares slump on downbeat profit outlook

Energy prices have surged due the war with Iran

Mideast war threatens to spark world energy crisis

Devices with all the latest bells and whistles abound at the Mobile World Congress in Barcelona, but some people just want an old, reliable phone

Barcelona’s Mobile World Congress

Second-hand phones surf rising green consumer wave

An IAEA board of governors' extraordinary session on Iran was called at the request of Russia, a key ally of Tehran

Natanz attacked

'No indication' Iran nuclear installations hit: IAEA

Tesla's German factory in Gruenheide near Berlin

Poor working conditions, covert redundancies

Showdown looms between Tesla and German union

In recent weeks, mounting tensions between Washington and Tehran have dominated market sentiment and raised fears of a wider conflict that could see Iran try to block the Strait of Hormuz, the chokepoint through which 20 percent of the world's oil supply flows

Implemented in April

OPEC+ hikes oil production by more than expected following outbreak of Iran war

Smash hit 'Clair Obscur: Expedition 33' was built on the Unreal Engine

3D tool Unreal Engine makes real impact in creative industries

OpenAI CEO Sam Altman's deal with the Pentagon comes after Trump lashed out at AI rival Anthropic over its proposed terms of use - though the deal appears to have similar safeguards the US previously balked at

OpenAI strikes Pentagon deal with 'safeguards' as Trump dumps Anthropic

Trading was jittery on Friday as the threat of a US attack on Iran hung over markets

Oil prices jump on Iran attack fears while US stocks fall

Pokemon raked in $12 billion in revenue in 2024

Continuous popularity

New Pokemon titles on horizon as 30th anniversary approaches

BASF reported falling sales in 2025

Seeking to aggressively cut costs

Chemical giant BASF to shift jobs from Germany to Asia

Amazon is powering artificial intelligence with custom Trainium chips designed especially for maching learning

Stepping out of Nvidia's shadow

Texas at heart of Amazon's AI push in United States

Tens of thousands visit Barcelona each year to see the latest gadgets and technologies

20th annual edition

Tech sovereignty push to meet AI fever at Mobile World Congress

While Nvidia's earnings topped forecasts, investors mostly shrugged at the results

Nasdaq resumes selloff as Nvidia falls despite strong results

The 10,000-inhabitant Bansko is conveniently located

All-seasons solution

Bulgaria ski station becomes refuge for digital nomads

Founded in 1993 by Jensen Huang, the Santa Clara, California-based company is the world's most valuable publicly traded company

Nvidia smashes forecasts with record quarter as AI boom rolls on

European Central Bank chief Christine Lagarde said the eurozone had faced a 'challenging environment'

Following record run of interest hikes

ECB books third straight annual loss

Stellantis admits it over-estimated the pace of the energy transition

Lack of demand?

Automaker Stellantis posts massive loss, pivots from EV

Investors are eagerly awaiting Nvidia's latest results to see if AI investment is being scaled back

Stock markets strike record highs as AI concerns ease

Hong Kong's economy will grow an average of 3% annually in real terms from 2027 to 2030, Financial Secretary Paul Chan says

Hong Kong finance chief tips up to 3.5% growth this year

Drinks group Diageo, the maker of Guinness stout, says it is facing mounting competition from cheaper brands in the United States as consumers confront cost-of-living pressures

Trendy drink in Europe

Guinness maker Diageo cuts outlook on weak US, China demand

Tech shares after investors viewed a presentation by Claude owner Antrhopic as less threatening than feared to incumbent technology companies

Tech shares rebound as markets weigh AI impacts

Novo Nordisk said the price reduction is meant to make it possible to reach more patients

Wegovy, Ozempic

Novo Nordisk to slash prices of weightloss drugs in US

Reddit said it plans to appeal the decision

Potential exposure to harmful content

UK fines Reddit nearly $20 mn over children's data failures

Donald Trump immediately imposed global tariffs of 10 percent after the Supreme Court ruling, before lifting them to 15 percent on Saturday

US stocks tumble on tariff fog, worries over AI

Despite stepping up investment into renewables Enel foresees increasing earnings per share in the coming years

"Ambitious plan"

Italy's Enel to invest 20bn euros in renewables by 2028

Brazil's President Luiz Inacio Lula da Silva burns incense as his wife Rosangela looks on during a state visit to Seoul on Monday.

Billion-dollar industry

South Korea and Brazil sign deals on K-beauty, trade

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