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.

Small US businesses have scrambled to adapt to President Donald Trump's changing tariffs on Chinese goods

Amid temporary de-escalation

'Panic and paralysis': US firms fret despite China tariff reprieve

Oil prices firmed on hopes that the global economy would avoid a tariffs-fuelled recession

US stocks mostly rise on better inflation data while dollar retreats

Congressman Lloyd Doggett and fellow US Democrats address a rally and press conference to announce their opposition to a Republican plan to cut Medicaid

Kick-starting 'golden era'

Republicans eye key votes on Trump tax cuts mega-bill

The price of US household furnishings and operations jumped in April 2025

Better than expected

US inflation cooled in April as Trump began tariff rollout

Home-sharing platform Airbnb says it vets those providing massages, yoga lessons and other services added to its platform

'Quesadilla in bed?'

Massages, chefs and trainers: Airbnb adds in-home services

Nvidia CEO Jensen Huang had made his case against the AI chip rule with US President Donald Trump

'Diffusion rule'

US reverses Biden-era export controls on advanced AI chips

Like many peers, Nissan is finding it difficult to compete against Chinese electric vehicle brands

Plans to cut 15% of global workforce

Nissan posts $4.5 bn annual net loss, to cut 20,000 jobs

The data stolen could include names, dates of birth and home addresses of its customers, Marks & Spencer said

Sophisticated attack

Customer data stolen in Marks & Spencer cyberattack

Optimisim in the ZEW survey rose fastest in export-intensive industries such as steel and chemicals

German investors cheered by tariff talks, new government

SoftBank Group has been actively investing in AI under its flamboyant founder and CEO Masayoshi Son (R)

Japan's SoftBank posts $7.8 bn annual net profit

Honda said it expects net profit of 250 billion yen ($1.7 billion) in the year to March 2026

Japan's second-biggest automaker

Honda forecasts 70% net profit drop citing 'tariff impact'

Tech products usually fall in price as their release date fades into the past, but Trump's tariffs have had an impact

Majority made in China

Tariffs set to level up game console prices

Many Central European and Balkan states rely on exports to Germany to support their economies

US tariffs hit Central Europe, Balkans growth: Europe bank

Donald Trump said the US-China talks in Geneva had brought a 'total reset' to relations

'An important first step'

US, China agree to slash tariffs as Trump says will speak to Xi

Air Force One's white and blue color scheme has become iconic

Instantly recognisable

Air Force One: iconic jet gets the Trump treatment

Wall Street rallied following news the United States and China have slashed tariffs for 90 days while they seek to reach a trade deal

Rollercoaster ride

Markets rally after China, US slash tariffs

US President Donald Trump blasted the European Union in particular over drug prices, alleging that the bloc forced pharmaceutical firms to lower their costs on their territory

Minimum 59% reduction

Trump announces drug price cut with swipe at Europe

Palestinian children got a hot food ration from a charity kitchen at the Islamic University campus in Gaza City

22% of the population

Gaza faces 'critical risk of famine': UN report

Business is booming at Japanese discount chain Don Quijote, which sells everything from compact gadgets to party costumes, thanks to its cult status among tourists

Shaking up the retail industry

'Treasure hunt': tourists boost sales at Japan's Don Quijote stores

US President Donald Trump disembarks Air Force One at Joint Base Andrews in Maryland on May 4, 2025

Trump hails Air Force One 'gift' after Qatari luxury jet reports

Chinese battery manufacturer CATL's domestic car business chief technology officer Gao Huang speaks at CATL Tech Day ahead of the Shanghai Auto Show in April

Largest IPO expected in the city

Chinese EV battery giant CATL aims to raise $4 bn in Hong Kong IPO

Andrew Petersen, a mechanical maintenance technician who was recently made redundant from the Grangemouth Oli Refinery

No more jobs for life

Scottish refinery closure spells trouble for green transition

Eric Trump recently signed a luxury real estate deal for the Trump Organization in Doha

As Trump family's Gulf empire grows, rulers seek influence, arms, tech

Senior US and Chinese officials are meeting for trade talks at the residence of the permanent Swiss ambassador to the United Nations in Geneva

Trump hails US-China trade 'reset' after first day of talks

The Catholic Church's economic affairs have long been murky and scandal-prone

Continuing clean up efforts

With papacy, Leo XIV inherits Vatican money troubles

Britain's Prime Minister Keir Starmer is looking to deepen ties with the EU

Post-Brexit deal

'Pragmatic' approach could reap 'ambitious' UK-EU deal: Starmer

People visit a shop along a busy street in Beijing

Reflects persistent challenges

China's consumption slide deepens as tariff war bites

US Treasury Secretary Scott Bessent has warned that the country could soon reach its debt limit

Calling on lawmakers to act

US projected to hit debt limit in August: Treasury chief

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