Business & Tech

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Business & Tech

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

Boeing defense workers in Missouri walked off the job after rejecting a contract on August 4

To improve its bargaining offer

Striking Boeing defense workers turn to US Congress

Shares of cryptocurrency exchange Bullish soared as the company made its debut on the New York Stock Exchange on the same day that the S&P 500 and Nasdaq finished at records

Expected next month

Stocks extend gains on US rate cut bets

Satellite image of Iran's Fordo uranium enrichment plant dated July 1 following US air strikes

Britain, France, and Germany

European powers tell UN they are ready to reimpose Iran sanctions

Elon Musk and OpenAI CEO Sam Altman had a fiery exchange after the world's richest man accused Apple of unfairly favouring ChatGPT on its App Store over other artificial intelligence competitors

Most downloaded application

Musk clashes with Altman after accusing App Store of favoring OpenAI

Disney+ standard subscription plan up by nearly 43%

Apple and Google kicked Fortnite off their respective app platforms in 2020, after the game designed an in-app payments system that cut the tech giants out of the loop

Fortnite developer claims win against Apple and Google

Pedestrians walk past an electronic quotation board displaying the Nikkei Stock Average on Wednesday

Hopes of US interest cuts

Soft US inflation boosts Asia markets

Jewelry is on display at a store in the ‘Little India’ neighborhood of New York City

Scrambling for options

India reels from US tariff hike threat

Security researchers hope stuffing passwords with special characters and numbers will soon be history

Public hesitancy

Passwords under threat as tech giants seek tougher security

On April 2, US President Donald Trump, with Commerce Secretary Howard Lutnick beside him, unveiled sweeping tariffs on almost all trading partners

'Stop production': Small US firms battered by shifting tariffs

A US judge is expected to decide soon whether to order Google to sell its globally popular Chrome browser to weaken the tech firm's dominance in online search

Letter of intent

Perplexity AI offers Google $34.5 bn for Chrome browser

US inflation data in July showed stable pricing pressure, boosting equities

Subdued impact from tariffs

US indices power to fresh records after benign inflation data

The crypto tycoon was arrested in March 2023 at the airport in Podgorica, the Montenegrin capital

Disgraced crypto mogul Do Kwon changes plea to guilty in US court

The consumer price index rose 2.7 percent from a year ago in July, slightly below the 2.8 percent that analysts expected

Underlying price increases

US consumer inflation holds steady but tariff risks persist

'Broad, generous and ambitious offer'

S.Africa to offer US new deal to avoid 30% tariff

Once China's biggest real estate firm, Evergrande was worth more than $50 billion at its peak and helped propel the country's rapid economic growth in recent decades

Heavier-than-expected debt burden

China Evergrande Group says to delist from Hong Kong

Many of the tonnes of parcels handled by Guangzhou-based logistics firm Weijiang International are destined for the doorsteps of US customers

'Tariffs impact our daily lives'

In China's factory heartland, warehouses weather Trump tariffs

Donald Trump extended a tariff truce with China by another 90 days

Apprehensive investors

Stocks gain on China-US truce, before key inflation data

Asked about the upcoming expiration of a tariffs truce between the United States and China, President Donald Trump told reporters 'we'll see what happens'

Hours before truce expires

US, China extend tariff truce for 90 days

Emergency responders were dispatched to US Steel's Clairton Coke Works following explosions at the plant in Clairton, Pennsylvania that left at least one person dead and 10 injured

One of US' largest

Two dead, 10 hospitalized in Pennsylvania steel plant explosions

Equity markets started the week largely on the front foot

Pauses and speculations

Stocks cautious before US inflation report

The US firm Strategy, co-founded by Michael Saylor (pictured), holds more than three percent of all bitcoin tokens, or over 600,000

Diversifying assets

Accumulating bitcoin a risky digital rush by companies?

Nvidia produces some of the world's most advanced semiconductors but cannot ship its most cutting-edge chips to China due to concerns that Beijing could use them to enhance military capabilities

'Political tariff'

Trump says Nvidia to give US cut of China chip sales

Voters in Boliva are expected to punish the left, in power for two decades, for acute shortages of fuel, dollars and some staple foods, such as subsidized bread, in Sunday's presidential and parliamentary elections

Economic crisis

No bread, no fuel, no dollars: how Bolivia went from boom to bust

Once upon a time: Logging on to AOL at a Sao Paulo cybercafe in 1999

Sound of the 90s

The shrill is gone: AOL to shut down dial-up internet

A Just Eat delivery in Milan, Italy

World's fourth-largest delivery company

EU clears Just Eat takeover by Dutch group Prosus

Jakarta and Lima sealed a trade deal that will expand market access between the two countries, Indonesian leader Prabowo Subianto (L) said after talks with visiting Peruvian President Dina Boluarte

Amid US tariffs

Indonesia, Peru strike trade agreement as leaders meet

New US tariffs on Switzerland are playing havoc with the gold market

Fuelled by tariff deal

Gold futures hit record on US tariff shock; mixed day for stocks

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