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.

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

Sabadell's bosses are determined to maintain the independence of Spain's fourth-biggest bank

Shareholders with final say

Board of Spain's Sabadell bank rejects BBVA takeover bid

UK economy stalls in July in fresh government setback

Petrol price increases have worried many Russians

Recent surge in petrol prices

Ukraine's energy strikes hit Russians at the pump

Chatbot misinformation is fueling online chaos following Charlie Kirk's assassination

Dangers of tech

False AI 'fact-checks' stir online chaos after Kirk assassination

Law enforcement agents work at the scene where political activist Charlie Kirk was shot and killed at Utah Valley University in Orem, Utah,

Misinformation targeting

People misidentified as Charlie Kirk's shooter fear retaliation

The latest US consumer price inflation didn't spook the markets

Global stocks rise as US inflation data hits forecast

Rama said an AI procurement minister would be 'corruption-free'

Albania appoints AI-generated minister to avoid corruption

US consumer inflation accelerated to 2.9 percent in August on a year-on-year basis, in line with analysts' expectations

Highest level since January

US consumer inflation heats up but unlikely to deter rate cut

Inflation in the eurozone is hovering around the ECB's two-percent target

Fresh headache for policymakers

ECB seeks to ease jitters over France crisis

TikTok executives testified to the committee that children's safety is their top priority

'Digital curfew' for older minors

French lawmakers urge social media ban for under-15s

China's internet regulator orders

Popular social media app

China penalises popular app Xiaohongshu over content

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