Business & Tech

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Business & Tech

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

A cargo ship has been freed after running aground near a house in Norway

Back in the water

Ship pulled free after running aground near Norway home

Chinese EVs gaining ground

Tesla EU sales slump 53% in April: trade group

The SAFE borrowing scheme backed by the EU's central budget was proposed by Brussels in March as the bloc rushes to boost its defences

EU approves 150-billion-euro loan scheme to rearm

Part of the rail line linking China to Laos, a key part of Beijing's 'Belt and Road' project across the Mekong

Amid record highs

Developing nations face 'tidal wave' of China debt: report

Workers were evacuated from Ecuador's biggest oil refinery after a fire broke out

Residents evacuated

Fire halts production at Ecuador's biggest oil refinery

EU Trade Commissioner Maros Sefcovic says the European Union has stepped up contacts with US trade officials in a bid to defuse a tariff war

Amid stalled negotiations

EU 'fully committed' to reaching US trade deal: commissioner

EU chief Ursula von der Leyen vowed to move 'swiftly' to reach a US trade deal after Donald Trump delayed tough tariffs on the bloc

Dollar remains under pressure

European markets rally as Trump delays 50% EU tariffs

Steel giant Thyssenkrupp has struggled in the face of fierce competition

Thousands of jobs at risk

Struggling German steel giant Thyssenkrupp plans major overhaul

Opt out by 26 May

Meta to use public facebook and instagram posts to train AI starting 27 May

US President Donald Trump spoke to journalists in Morristown, New Jersey

Following call with von der Leyen

Trump delays EU tariffs until July 9

US-China trade misinformation could undermine a fragile truce on tariffs

Bot-driven attacks?

Misinformation casts shadow on US-China trade truce

The cartel will hold two meetings in coming days

Millions of barrels in reserve

OPEC+ expected to open taps more despite price slump

US President Donald Trump speaks to journalists before boarding Air Force One from Morristown Municipal Airport in Morristown, New Jersey

Following von der Leyen call

Trump extends EU tariff deadline until July 9

Elon Musk taking part in a White House meeting on March 24, 2025

Out for two hours

After brief X outage, Musk says refocusing on businesses

Suriname expects to rake in about $10 billion from a huge offshore oil find

Huge offshore find

Suriname poised for cash inflow from newly discovered oil

Some family members of victims of the Boeing 737 MAX crashes slammed a proposed accord between Boeing and the Department of Justice

$1.1 billion settlement

US, Boeing reach deal to resolve MAX criminal case

Anthropic CEO Dario Amodei (l) says people are going to eventually have to cope with AI systems being able to handle just about any task a human can handle

Requiring 'additional monitoring'

Anthropic's Claude AI gets smarter -- and mischievious

A view of the US Steel Edgar Thomson Works on January 21, 2020, in North Braddock, Pennsylvania

$14.9 billion merger

Trump greenlights Nippon Steel 'partnership' with US Steel

A view of the US Steel Edgar Thomson Works on January 21, 2020, in North Braddock, Pennsylvania

Amid union scepticism

US Steel shares skyrocket after Trump greenlights Nippon 'partnership'

Trump's new tariff threats revived investor concerns about his trade policies after a recent deal with Britain and a truce with China

Equities stabilised

Stock markets fall as Trump threatens tariffs on EU, Apple

South Africa rescues all 260 miners stuck underground alive

Undeclared US dollars, in cash, amount to about five times the reserves of Argentina's Central Bank

Trafficking, corruption, smuggling?

Distrusting Argentines loath to bank their 'mattress dollars'

The plush toys have surged in popularity after endorsements from celebrities such as Rihanna and Dua Lipa

Thefts and queue violence

UK retailer suspends Labubu toy sales amid safety fears

The court ruled Meta is 'pursuing a legitimate end' by training AI with Facebook and Instagram user data

Injunction dismissed

German court says Meta can use user data to train AI

The draft law comes days after South African President Cyril Ramaphosa met his US counterpart

After 'tense talks'

S.Africa moves to ease black empowerment law under Starlink pressure

Chinese President Xi Jinping pictured in southeast Asia in April

Amid widening division

Merz, Xi discuss Ukraine war, trade woes amid global 'chaos'

US-Emirati consortium RedBird IMI struck a deal for The Telegraph in 2023, but the then Conservative government forced a resale

RedBird Capital Partners

UK newspaper The Telegraph set for US ownership

Germany's economy grew by 0.4 percent in the first quarter, twice as much as previously estimated

Growth double than expected

German growth upgraded on pre-tariff export surge

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