Business & Tech

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Business & Tech

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

US Treasury Secretary Scott Bessent, left, and Switzerland's President Karin Keller-Sutter met for trade talks in Geneva

Serious ramifications

US, Swiss agree to speed up tariff talks

US President Donald Trump suggested lowering tariffs on Chinese products to 80 percent ahead of the first major talks aimed at defusing the trade war between the nations

Growing optimism

Stocks mixed as global markets eye US-China tariff talks

Vladimir Putin, left, with Serbia's President Aleksandar Vucic at the Kremlin on Friday

Negotiating new multi-year gas deal

Serbia's Vucic seeks low-price gas in Putin meeting

German Chancellor Friedrich Merz, left, with NATO chief Mark Rutte at the alliance headquarters on Friday

Trump putting pressure on Europe and Canada

NATO chief seeks defence spending at 5% of GDP by 2032: Dutch PM

India has mounted a sweeping crackdown targeting social media accounts of Pakistani politicians, celebrities and media organizations amid heightened tensions between the nuclear-armed neighbors.

India tells X to block over 8,000 accounts

British Airways owner IAG announced new orders for 32 planes from Boeing and 21 from Airbus for delivery from 2028 to 2033

Despite economic uncertainty

British Airways owner unveils big Boeing, Airbus order

China and the United States are locked in a painful trade war, with each side hitting the other with massive tariffs

Gruelling trade war

China exports beat forecasts ahead of US tariff talks

Panasonic became a global household name in the latter half of the 20th century

Boosting profitability

Japan's Panasonic targets 10,000 job cuts worldwide

Commerzbank's headquarters in Frankfurt

Best quarterly profit since 2011

German lender Commerzbank's profits jump as it fends off UniCredit

Three pedestrians take a selfie on the picturesque alleyway at the end of Rue de l'Universite, Paris

AI tool uses selfies to predict biological age and cancer survival

US President Donald Trump makes a trade announcement as US Secretary of Commerce Howard Lutnick (2L), US Vice President JD Vance (3L), British ambassador to the United States Peter Mandelson (3R), US Trade Representative Jamieson Greer (3R) and US Secretary of Agriculture Brooke Rollins (R) look on in the Oval Office of the White House in Washington, DC, on May 8, 2025. US President Donald Trump on announced a

Trump unveils UK trade deal, first since tariff blitz

Trade between the world's two largest economies has skidded to a nearly complete halt since US President Donald Trump slapped China with levies of 145 percent

Upcoming meeting

China can play hardball at looming trade talks with US: analysts

The United States has raised tariffs on Chinese imports to 145 percent, with cumulative duties on some goods reaching a staggering 245 percent

First formal talks ahead

Where things stand in the US-China trade war

Sales to the United States made up almost a fifth of China's textile and apparel exports in 2024

In the crosshairs

Chinese fabric exporters anxious for US trade patch-up

Founder and former CEO of crypto lender Celsius Alexander Mashinsky has been sentenced to 12 years in prison on fraud charges

Former head of crypto platform Celsius sentenced 12 years

Ghana's economy has been hit by brutal inflation for years

Facing a broken economy, Ghana's tech-savvy teens turn to fraud

U.S. Secretary of Transportation Sean Duffy (R) speaks alongside airline executives, including (2ndR-L) CEO of United Airlines Scott Kirby, Robert Isom CEO of American Airlines, Ed Bastian CEO of Delta Air Lines, Joanna Geraghty CEO of JetBlue and Robert Jordan CEO of Southwest Airlines, at an event unveiling a new U.S. air traffic control system

Faced with flight safety problems

US unveils ambitious air traffic control upgrade

Adept in social media, newly elected Pope Leo will have more ways to address crowds than oratory from a balcony of the St Peter's Basilica

Long social media history

Extremely online new pope unafraid to talk politics

US automakers are critical of a new trade deal that favors British automakers, which was announced with a press event with US President Donald Trump shaking hands with British ambassador to the United States Peter Mandelson at the White House

Unfairly penalised

US automakers blast Trump's UK trade deal

US President Donald Trump called the trade deal with Britain a 'breakthrough'

Stocks mostly rise as US-UK unveil trade deal

US President Donald Trump announced the deal at the White House alongside Peter Mandelson, the British ambassador to the United States

What is in the new US-UK trade deal?

US Fed Chair Jerome Powell has said that Trump's criticism

Pressure on Powell

Trump calls US Fed chair 'fool' after pause in rate cuts

US President Donald Trump has imposed a raft of hefty tariffs on Europe since March

Worth 95 billion euros

EU threatens to target US cars, planes if Trump tariff talks fail

Microsoft co-founder Bill Gates announced plans to significantly accelerate the Gates Foundation's spending, meaning the organization will shut down in 2045

Gates Foundation to spend $200 bn through 2045 when it will shut down

The Bank of England hiked its forecast for annual UK gross domestic product growth this year, to one percent from 0.75 percent

By quarter point

Bank of England cuts interest rate as US tariffs hit economy

State-owned Emirates Group operates the world's largest long-haul carrier.

Third record in three years

Emirates airline group announces record $6.2 bn gross profit

In early April, Nintendo revealed details about the Switch 2, a hybrid console like its predecessor

Nintendo forecasts 15 million Switch 2 sales in 2025-26

Automobiles accounted for around 28 percent of Japanese exports to the United States last year

Japanese auto giant

Toyota cites tariffs as it forecasts 35% net profit drop

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