Business & Tech

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Business & Tech

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

White House Press Secretary Karoline Leavitt speaks to reporters during a daily briefing

The art of the deal

White House says Canada 'caved' to Trump on tech tax

Transnet operates all South Africa's rail, ports and pipelines

Multi-million dollar corruption scandal

S.Africa's ex-transport bosses charged over Zuma-era graft case

Asian Development Bank president Masato Kanda says he is working hard to address the concerns of the United States, one of the bank's biggest shareholders

ADB acting on US concerns over China, bank chief tells AFP

This month in AI news: Luxembourg announces new partnership, Microsoft outperforms human doctors, and Wimbledon goes AI

Israel has used F-35 jets to devastating effect in in its bombardment of Gaza

Potential humanitarian law breaches

NGO loses bid to block UK export of military equipment to Israel

TomTom forecasts a drop in sales from 574 million euros in 2024 to 505-565 million this year

Roughly 10% of its workforce

'Embracing AI': TomTom cuts 300 jobs

Bangladesh's biggest port resumed operations on Monday

Following 48 hours of disruptions

Bangladesh's biggest port resumes operations as strike ends

Singapore has boosted regulations surrounding crypto exchanges to curb money laundering

Bid to curb money laundering

Tougher Singapore crypto regulations kick in

Wang Yi's tour will take him to the EU headquarters in Brussels as well as France and Germany as Beijing seeks to improve relations with Europe

China's top diplomat visits Europe pitching closer ties in 'volatile' world

Canadian Prime Minister Mark Carney (L) and US President Donald Trump at a G7 summit in Canada in June 2025

Negotiations with Washington will resume

Canada rescinds tax on US tech firms in hopes of Trump trade deal

A federal law requiring TikTok's sale or ban on national security grounds has been put on pause by Donald Trump

Soon to be revealed

Trump says 'very wealthy' group to buy TikTok

Officials at Chittagong Port, which handles the majority of Dhaka's import and export activity, said there had been no movement of goods since morning

Up to 8,000 containers daily

Strike shuts down Bangladesh's biggest port

A visitor looks at AI strategy board displayed on a stand during the ninth edition of the AI summit London, in London

Jarring examples

AI is learning to lie, scheme, and threaten its creators

The US Supreme Court decided on a challenge to a Texas law that requires pornographic websites to verify the age of visitors

Initially blocked

US Supreme Court upholds Texas age-check for porn sites

Tariffs on metal imposed by US President Donald Trump are hitting small businesses like Independent Can very hard

'Living in chaos'

Trump metal tariffs wreak havoc on US factory

Protesters hang a 'No place for Bezos' banner on Venice’s Rialto Bridge

A lavish affair

'Eat the rich': Venice protests shadow Bezos wedding

After talks in Geneva in May, Washington and Beijing agreed to temporarily lower steep tit-for-tat tariffs on each other's products

Two sides agree

Trump ends trade talks with Canada over tax hitting US tech firms

The S&P 500 finished at a record for the first time since President Donald Trump's April 'Liberation Day' tariff announcement rattled markets

Easing concerns about Middle East

US stocks back at records on US-China trade progress

The Federal Reserve's preferred inflation gauge rose 2.3 percent in May, but consumer spending pulled back in part due to autos

'Just a stubborn mule'

US inflation edges up as Trump renews criticism of Fed chief

The Federal Reserve's preferred inflation gauge rose 2.3 percent in May, but consumer spending pulled back in part due to autos

Government data

US Fed's preferred inflation gauge picks up as tariff effects loom

A tourism boom has fuelled local concern about increasingly scarce and unaffordable housing in Spain

Government crackdown

Spain makes Booking.com scrap 4,000 tourist rental ads

'Relooted' tasks players with taking from Western museums cultural artefacts that were stolen from Africa during the colonial era

Reclaiming Africa's belongings

Game 'reloots' African artefacts from Western museums

US Secretary of Treasury Scott Bessent signaled Thursday that a deal among G7 nations will allow US firms to be excluded from certain taxes

After months of dialogue

US Treasury signals G7 deal excluding US firms from some taxes

Nike says it is implementing a 'surgical' price increase in the United States to defray tariff costs

Revenue fell 12 percent

Nike profits sink but company says it is turning a corner

The dollar weakened against its peers after Donald Trump said he already had a handful of people in mind to replace the head of the Federal Reserve

Amid rate cut bets

Dollar slides as Trump eyes new Fed boss

Violating digital competition rules

Facing EU deadline, Apple announces App Store changes

Irish no-frills carrier Ryanair was specifically fined for charging passengers a 'disproportionate amount' for printing their boarding passes at terminals when they did not have them

Spain court suspends huge Ryanair 'abusive practices' fine

Economic reform has been a key, if controversial, pillar of Nigerian President Bola Tinubu's tenure

Four landmark bills

Nigeria's Tinubu signs major tax overhaul

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