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.

According to several diplomats, the goal at this point is rather to let Trump claim victory without agreeing a deal that would significantly hurt Europe

Time is running out

After NATO deal, how far will EU go for trade peace with Trump?

Tech magnate Jeff Bezos and his fiancee Lauren Sanchez have reportedly invited about 200 guests

Bezos wedding festivities kick off in Venice

Cambodia has become a Southeast Asian hotspot within the multibillion-dollar illicit scam industry that has defrauded victims around the world

Exploitation of thousands

'Mass scale' abuses in Cambodia scam centres: Amnesty

H&M noted that in local currencies its second quarter sales rose by one percent despite having fewer stores open

'Affected by higher purchasing prices'

H&M sales fall in second quarter on stronger currency

Remittances are vital to economies across Central Asia

'Duty of every citizen'

Migrant money from Russia a lifeline for Central Asia

Customers sip matcha beverages at Kettl Tea in Los Angeles' Los Feliz neighborhood

Social media stardom

Global matcha 'obsession' drinks Japan tea farms dry

A federal judge in San Francisco reasons that tech firms will eventually have to pay to use copyrighted books to train generative artificial intelligence to avoid breaking the law

'Wrong arguments'

US judge sides with Meta in AI training copyright case

The village of Tal Mardikh, in Syria's northwestern Idlib province, which architect Abdel Aziz al-Mohammed could barely recognise when he returned after years away

Meticulous documentation

Syrian architect uses drone footage to help rebuild hometown

Mars's $36 billion purchase of Kellanova, whose snacks include Pringles and Pop-Tarts, was announced in August 2024

Antitrust investigation

EU probes Mars takeover of Pringles maker Kellanova

Chairman of the US Federal Reserve Jerome Powell speaks with Fed vice chair for supervision Michelle Bowman (L), as he chairs a Federal Reserve Board open meeting

No more reserves

US Fed proposes easing key banking rule

Nvidia CEO Jensen Huang, shown earlier this month in Paris, presented the company's technology at an annual meeting

Dollar struggling to recover

Nvidia hits fresh record while global stocks are mixed

Trump and Powell have repeately clashed

To replace oft-criticised Powell

Trump says 'three or four' candidates in mind for Fed chief

More than 600 metres (650 yards) of cables were stolen or severed south of the Eurostar station in northern France

'More than 600 metres'

Cable theft in north France disrupts Eurostar traffic

The drop in demand for Tesla cars has been linked to its ageing fleet, competition, and consumer distaste for owner Elon Musk's (L) work in the Donald Trump (R) administration

The Musk effect

Tesla sales skid in Europe in May despite EV rebound

AI-generated videos about the Philippines' impeachment trial are examples of increasingly sophisticated fakes possible with even basic online tools

Increasingly sophisticated

AI fakes duel over Sara Duterte impeachment in Philippines

Britain will purchase 12 nuclear weapon-capable F-35A fighters, expanding the country's deterrence arsenal, which is currently limited to submarine-launched missiles

First since Cold War

UK to reintroduce nuclear weapon-capable aircraft under NATO

Chinese Premier Li Qiang warned the global economy was 'undergoing profound changes'

World Economic Forum

China's premier warns global trade tensions 'intensifying'

Social media users are increasingly relying on AI chatbots to verify information

Reliability in doubt

Grok shows 'flaws' in fact-checking Israel-Iran war: study

US Federal Reserve Chair Jerome Powell says that the central bank can wait to learn more about the impact of tariffs before adjusting interest rates further

Waiting for tariff impact

US Fed chair signals no rush for rate cuts despite Trump pressure

The new measures follow a nationwide blackout in April that a government report concluded was due to a lack of voltage control capacity followed by operators halting power plants to avoid damage to their equipment

Energy network improvements

Spain moves to strengthen power grid after huge April blackout

The European Parliament's transport committee adopted a proposal that would allow travellers to bring a personal item into the cabin, such as a handbag or backpack, and a hand luggage of up to seven kilogrammes (15 pounds) at no extra fee

Opposed by aviation sector

EU lawmakers vote to bar carry-on luggage fees on planes

German Chancellor Friedrich Merz and Finance Minister Lars Klingbeil at a cabinet meeting

Government pledge

German budget plans outline vast spending - and record debt

Tesla's French subsidiary is accused of 'deceptive commercial practices'

Facing delayed fine

France orders Tesla to end 'deceptive commercial practices'

Oil prices eased after Donald Trump announced a ceasefire agreement between Iran and Israel

Investors relieved

Oil prices drop as Israel agrees to ceasefire proposal

The UK's competition watchdog proposes to designate Google with 'strategic market status', subjecting it to special requirements under new regulations

Competition watchdog

UK aims to tackle Google dominance of online search

The world is facing the

World Economic Forum

World facing 'most complex' situation in decades: WEF

After near bankruptcy

Virgin Australia surges in market comeback

An aerial view of a worker spreading cocoa beans to dry in Guayaquil, Ecuador, on May 20, 2025

Top agricultural export

Better than gold: how Ecuador cashed in on surging cocoa prices

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