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.

Shares in Japanese carmakers soared on the news of the US tariffs reduction

Slashing tariffs

Stock markets advance after Japan-US trade deal

The administration of US President Donald Trump had promised

More delays coming?

US-EU tariff talks progress as Trump announces Japan deal

The harvest this year is expected to begin between August 20 and August 25

Champagne makers cut harvest as global outlook fizzles out

US President Donald Trump announced a trade deal with Japan

Promising results

Trump announces 'massive' Japan trade deal

US existing home sales dropped by 2.7 percent in June, industry data showed

Weight on the market

US existing home sales dip to 9-month low on high costs

Better-than-expected growth

India's Infosys narrows revenue forecast as profits beat expectations

The deal will see the creation of the leader in pay TV offerings in Africa

Expand footprint

Canal+ clears final hurdle to acquire S.Africa's MultiChoice

Europe and Japan represent a fifth of global GDP and a market of 600 million people, said Von der Leyen

Rattling economies

EU, Japan vow joint push for 'fair' global trade

UniCredit shares rose more than four percent as investors reacted to the bank reporting a jump in second quarter profits and walking away from a fraught bid for rival Italian lender Banco BPM

Rise in quarterly profit

UniCredit boosts outlook after walking away from Banco BPM

US President Donald Trump has repeatedly expressed opposition to wind energy -- claiming turbines are unsightly and dangerous -- and signed a series of executive orders targeting the sector shortly after returning to the White House in January

Norwegian company

Equinor takes $1 bn hit from US wind farm regulations, tariffs

Japanese knives have in recent years become a luxury must-have in kitchens worldwide

'So Trump-like': relief but no surprise in Japan as US cuts tariffs

Filipino President Ferdinand Marcos Jr. speaks alongside US President Donald Trump during a meeting in the Oval Office

One percentage point

Trump agrees to small reduction in Philippine tariffs

Junior perfumers Attiya Setai, Shangyun Lyu and Alicia de Benito Cassado hold smell strips used to evaluate fragrances

Olfactory artists

Who makes laundry smell nice? Meet the professional 'noses'

Google parent Alphabet, along with Tesla, will kick off earnings of the so-called 'Magnificent Seven,' a group of influential equities

Nasdaq edges down from records ahead of big tech earnings

Mike Lynch, the British tech tycoon involved in the case, died last year when his superyacht sank off Sicily

US technology giant

UK court awards £700 mn to HP in late tycoon's fraud case

US Treasury Secretary Scott Bessent says he sees no reason for Federal Reserve Chair Jerome Powell to step down right now

Facing growing pressure

US Treasury chief says no reason for Fed chair to step down

AstraZeneca's announcement included a new factory in the US state of Virginia, which will be the company's 'largest single manufacturing investment'

British pharmaceutical giant

AstraZeneca to invest $50 bn in the US as tariff threat looms

Filipino President Ferdinand Marcos Jr. speaks alongside US President Donald Trump during a meeting in the Oval Office

To ease tariffs

Trump says confident US to reach Philippines trade deal

Despite tariffs, General Motors has so far not adjusted production of the Chevrolet Trax, which is manufactured in South Korea

By more than a third

General Motors profits fall on tariffs

A majority of lawmakers in Russia's lower State Duma have backed a bill to fine internet users searching for content deemed 'extremist'

'Dangerous attack on freedom'

Russia seeks to fine web users searching for content deemed 'extremist'

US Secretary of Treasury Scott Bessent says he expects an extension of a mid-August deadline when steeper tit-for-tat tariffs involving China are set to return

To be held in Stockholm

US Treasury chief eyes China tariff deadline extension in talks next week

Consumers continued to buy Lindt chocolate despite the company hiking prices due to record-high cocoa costs

Increased by 15.8%

Price hikes nibble at demand for Lindt chocolate

The new nuclear plant will be built alongside EDF's Sizewell B nuclear power station in eastern England

Final hurdle overcome

UK gives green light to £38 bn Sizewell C nuclear plant

AstraZeneca's announcement included a new factory in the US state of Virginia, which will be the company's 'largest single manufacturing investment'

British pharmaceutical giant

AstraZeneca says to invest $50 bn in the US

Former Brazilian president Jair Bolsonaro (C) made the speech at Congress, but did not post it from his own social media accounts

In violation of ban

Brazilian judge threatens Bolsonaro over speech shared on social media

Every year, around 120,000 seasonal workers are brought to the Champagne region to handpick grapes

Seasonal workers exploited

France jails three in champagne 'slaves' case

President Donald Trump has threatened major US trading partners with jacked-up tariffs from August 1 if they do not cut trade deals

Equities mostly rose

Stocks mostly rise as markets weigh earnings optimism and tariff fears

US President Donald Trump uses his Truth Social app to remain a constant presence in Americans' lives

Policy, threats, self-promotion

How Trump turned his Truth Social app into a megaphone

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