Business & Tech

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Business & Tech

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

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

Farmers are a key political support base for President Donald Trump, but have been caught in the crossfire as Washington and Beijing traded barbs

Announcement to come next week

US farmers hit by trade war to get 'substantial' aid: Treasury chief

Seoul-listed Samsung and SK hynix led a surge in tech firms after they signed a chip deal with US giant OpenAI

US stocks end at records as government shutdown drags on

The East German Trabant car is experiencing a renaissance 35 years after reunification

‘Boxy, cramped, loved’

35 years later, beloved East German car still sputters on

OpenAI, led by CEO Sam Altman, sits at the center of an AI investment bonanza

Pale investment returns

Boom or bubble: How long can the AI investment craze last?

US Secretary of Treasury Scott Bessent told broadcaster CNBC that Washington was 'maintaining a US strategic interest in the Western Hemisphere' when it came to helping Argentina

In talks over an economic aid program

US Treasury chief says 'fully prepared' to support struggling Argentina

Tesla reported higher third-quarter sales, reversing a series of recent declines

Tesla car sales lifted by end of US electric auto tax credit

US consumers face an explosion of online fraud, with surveys showing a growing number of adults experiencing scams or attacks

Promoting fake benefits

Deepfake political scam ads surge on Meta platforms, watchdog says

Germany is seeking to modernise its navy as it faces a growing Russian threat

Germany reviews warship order after delays

Tourists walk past the Sagrada Familia basilica in Barcelona on August 2, 2025

66.8 million tourists

Spain hosts record number of summer tourists

OpenAI is led by chief executive Sam Altman

World's most valuable startup

OpenAI valuation soars to $500 bn in private share sale: reports

Chatbots are seen as one of the greatest annoyances

Customer service

Dutch warning over 'annoying' chatbots

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