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.

Airlines complain that the high levy on passenger flights from German airports is hurting competitiveness

Steering pro-business turn

German govt looks to roll back tax hike on flights

The companies behind the 'Made in Germany' initiative said the investment boost would total 631 bn euros by 2028

Reviving economy

German industry alliance lays out domestic investment push

Jeep owner Stellantis said it felt the first effects of US tariffs in the first half of 2025

Also includes Peugeot, Citroen and Fiat

US tariffs, laws push Jeep owner Stellantis into 2.3-bn-euro first-half net loss

The European Central Bank is expected to hold tight on rates, pausing a series of cuts made over past months

First time in a year

ECB expected to hold rates as Trump tariff uncertainty lingers

Jensen Huang, co-founder and CEO of Nvidia, recently convinced Donald Trump to lift restrictions on certain GPU exports to China

Jensen Huang, AI visionary in a leather jacket

Singapore's Defence Minister Chan Chun Sing says select military units are helping combat a cyberattack on the country's critical infrastructure

Possibly linked to China

Singapore military helps battle cyberattack: minister

US stock market indices are flirting near record highs as America's economy shows resilience

Sparked by healthy US retail data

Stocks consolidate after bumper week buoyed by resilient US economy

The statement marks a rare consensus for the G20, which has been jolted by US trade policy under President Donald Trump

After Trump's Federal Reserve attacks

G20 nations agree central bank independence 'crucial'

The EU's 2028-2034 budget will now be the subject of fraught negotiations between member states and the bloc's lawmakers

Divisions over spending plans

What's in the EU's two-trillion-euro budget bazooka?

EU foreign affairs chief Kaja Kallas said the bloc has imposed 'one of its toughest sanctions packages' on Russia

18th round of measures

EU, UK target Russian oil in tough new Ukraine war sanctions

At the BitSummit expo in Kyoto, indie designers touted their games

At Japanese game fair

Indie game studios battle for piece of Switch 2 success

Children play at the newly opened Myongsasimni Water Park in the Wonsan Kalma Coastal Tourist Area in North Korea

Wonsan-Kalma Coastal Tourist Zone

North Korea bars foreign tourists from new seaside resort

China is relying on exports to offset weak consumer spending

Sluggish domestic consumption

China mulls economy-boosting measures to counter 'severe situation'

Rice prices in Japan soared 99.2 percent in June year-on-year, official data showed Friday, piling further pressure on Prime Minister Shigeru Ishiba ahead of elections

Ahead of elections

Japan rice prices double, raising pressure on PM

Mitsuwa Electric produces coils, rods, needles, plates, pipes and wires for a range of goods including car lights, photocopiers and X-ray machines, and has customers across Asia, Europe and North America

Country's economic backbone

Japan's SMEs ready to adapt to Trump tariffs

The dream of a high-speed train service linking the California cities of Los Angeles and San Francisco has been over 15 years in the making

'Yet another political stunt'

California to sue Trump govt over axed high-speed rail funds

Brazilian President Luiz Inacio Lula da Silva (L) has locked horns with US President Donald Trump (R) on trade policy

During televised speech

Brazil's Lula calls Trump's tariff threat 'unacceptable blackmail'

US President Donald Trump for months has lashed out at the Fed for holding interest rates steady

Recent escalated attacks

What to know about Trump's effort to oust Fed Chair Powell

Gulf Air signed a deal with Boeing to acquire up to 18 new Dreamliners

US aviation giant

Gulf Air orders 12 Boeing 787 Dreamliners

Member of the Trump administration, including Vice President JD Vance, have been bullish on cryptocurrencies, leading to the US Congress advancing landmark measures on digital assets

Controversial industry

US House passes landmark crypto measures in win for Trump

US stocks pushed to fresh records after the June retail sales report topped estimates by a wide margin

Fluctuations ahead

US stocks end at fresh records as markets shrug off tariff worries

Before the announced settlement, Mark Zuckerberg was expected to testify in the Delaware trial next week

Targeted political advertising

Zuckerberg settles lawsuit over Cambridge Analytica scandal

German TikTok employees protested that replacing content moderators with AI-driven software could boost the spread of hate speech and online propaganda

To be replaced by AI?

TikTok Germany moderators raise alarm over layoff plans

US President Donald Trump has threatened 30-percent levies on EU goods unless Brussels and Washington strike a deal

If deal is not reached

EU readies retaliatory list targeting US services

It is tough times for luxury firms like the Swatch Group when the Chinese economy struggles

Top watch company

Swatch profits plunge on weak China sales

The G20 accounts for more than 80 percent of the world's gross domestic product

Growing uncertainty

South Africa warns global turmoil threaten development goals

Novartis will have a new chief financial officer in 2026

Pharmaceutical giant

Novartis first half net profits up 29 percent

The two-day strike by French air traffic controllers at the beginning of July disrupted travel for tens of thousands of people at the start of a summer holiday season

No-frills airline

EasyJet boss hits out over French air traffic walkouts

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