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.

TikTok -- which boasts almost two billion global users -- is owned by China-based ByteDance

Fourth postponement

Trump extends delay on US TikTok ban until mid-December

The Federal Reserve is widely expected to trim borrowing costs on Wednesday

Eyeing talks between leaders

Stocks slip, dollar down as Fed meets on rates

Google-owned YouTube has become the world's most popular free online video sharing platform since it was founded in California in 2005 and predicts artificial intelligence will help shape its future

Billions of users worldwide

YouTube ramps up AI tools for video makers

The IEA's prominent forecast that oil demand will soon start declining and that no new projects should be developed had drawn the ire of the fossil fuel industry and its supporters

IEA says more oil and gas investment may be needed

Paul Bulcke's early departure will cap off a change in senior executive and board leadership

Earlier than planned

Nestle says chairman Paul Bulcke to step down

Stephen Miran, a key advisor to President Donald Trump, was sworn in to the Federal Reserve as a governor on Tuesday

US Fed opens key meeting after Trump aide sworn in as governor

Once a symbol of German industrial might, Thyssenkrup's fortunes have waned in recent years

Thyssenkrupp says India's Jindal Steel makes bid for steel business

Retails sales in the US jumped by 0.6 percent in August -- higher than analysits had expected despite tariffs by the Trump administration

US retail sales beat expectations in August despite tariffs

Europe needs to act faster to overhaul its economy, said former European Central Bank chief Mario Draghi

'Failing to match speed of change'

Europe slow to match economic rivals US, China: Draghi

Lower US tariffs on Japanese autos took effect effect as Washington implements a trade pact it has negotiated with Tokyo

Tokyo and Washington

Lower US tariffs on Japan autos kick in

Social media giants have described an Australian ban on under-16s assessing their platforms as

'Reasonable steps'

Australia says social media ban will not age test all users

Stephen Miran, who chairs the White House's Council of Economic Advisers, will be in place at the US Federal Reserve by the start of its two-day interest rate meeting on September 16, 2025

US Senate confirms Trump aide to Fed as politics loom over rate meeting

Machu Picchu receives some 4,500 visitors on average each day, many of them foreigners

UNESCO World Heritage Site

Protesting Peru residents block trains to Machu Picchu

The United States and China reached a 'framework' for a deal to settle their dispute over TikTok, US Treasury Secretary Scott Bessent said

Stocks push higher ahead of expected US rate cut

US Treasury Secretary Scott Bessent said US-China ties remain 'still very good at the highest levels' even if no TikTok deal is reached

Trade talks in Madrid

US 'very close' to TikTok deal with China: US Treasury chief

US Secretary of the Treasury Scott Bessent is holding talks with Chinese Vice Premier He Lifeng in Madrid

Seeking to narrow differences

US-China trade talks resume in Madrid

German arms manufactuer Rheinmetall has seen booming demand since Russia invaded Ukraine

European countries rushing to rearm

German defence giant Rheinmetall to take over warship maker

Buildings under construction in Hangzhou, in China’s eastern Zhejiang province. Beijing has struggled to fully reignite the world's number two economy since the end of the Covid-19 pandemic, with the once-booming property sector mired in a debt crisis and exports facing mounting headwinds

Threatening five-percent goal

Chinese factory, consumer activity slow amid economy struggles

Australia's ANZ, one of the country's

Nation's 'big four'

Australia's ANZ bank hit with record fine over 'widespread misconduct'

Trump voiced hopes that a raid on a South Korean company's work site won't chill international investment

475 ICE arrests at Georgia work site

Trump concerned S. Korean arrests could 'frighten' investors

Chinese officials including Vice Premier He Lifeng began their latest round of trade talks with a US delegation in Madrid

Tariffs on the agenda

New round of US-China trade talks kicks off in Madrid

The Federal Reserve is widely expected to make a 25 basis points rate cut at the end of its two-day policy meeting in September

Amid growing concern

US Fed poised for first rate cut of 2025 as political tension mounts

Lecornu's first week as prime minister ended with a credit rating downgrade for France

Shock to French economy

France's new PM courts the left a day after ratings downgrade

Investors have been in a bullish mood as they expect the Fed to cut US interest rates next week

Record highs across Wall Street

Stocks hang onto gains as rate cuts in focus

Defense plant workers take part in a strike outside a Boeing facility in Berkeley, Missouri, near St. Louis, on August 5, 2025.

Boeing defense workers reject deal to end strike

The rate cut comes as Russia's economy is rapidly cooling

Amid growing economic concerns

Russian central bank cuts interest rate as economy slows

Microsoft was facing a potentially hefty fine over antitrust concerns surrounding its communications app Teams

Separated from Office products

Microsoft avoids EU antitrust fine with Teams commitments

Affecting hundreds

S. Koreans greeted with applause at home after US detention

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