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 Federal Reserve Chair Jerome Powell will take questions from reporters after the US central bank's decision is announced

Two-day discussion over interest rates

US Fed starts rate meeting under cloud of tariff uncertainty

Almost 46 percent fewer Tesla cars were registered in Germany in April than the same month last year

EV registrations rose

Tesla sales fall again in Germany as drivers steer clear of Musk

The combined DoorDash and Deliveroo food delivery service will have a presence in over 40 countries, serving around 50 million monthly active users.

Food delivery app DoorDash agrees to buy peer Deliveroo

Philips gets into the green

'Encouraging start to the year'

Philips turns in a profit but China, tariffs weigh

Regulators the world over are wrestling with how to keep children safe online

Draft law unveiled

New Zealand PM proposes banning under-16s from social media

Ford displayed its new Lincoln Navigator at an auto show in Shanghai last month

Mitigating blowback

Ford sees $1.5 bn tariff hit this year, suspends 2025 forecast

Oil prices had already been slumping before OPEC+ members decided to increase output

Sharp production increase

US film studio shares slip on Trump tariff threat

'OpenAI is not a normal company and never will be,' OpenAI CEO Sam Altman wrote in an email to staff posted on the company's website

Resisting investor pressure

OpenAI abandons plan to become for-profit company

The layoffs come as Meta has cut its third-party fact-checking in the United States and overhauled its content moderation policies

End of fact-checking

Meta content moderator cuts over 2,000 jobs in Spain: union

Warren Buffett testifies before the Senate Finance Committee in Washington, DC, in 2007

Despite stepping down

Warren Buffett to remain as Berkshire Hathaway board chair

Spain hosted a record 94 million foreign tourists in 2024

'17 million' flock to Spain

Spain foreign tourist numbers break record in early 2025

Leschanz is one of the few confectioners who still make Mozartkugel chocolates labouriously by hand

Painstakingly drafted

Mozart chocolate row leaves bitter taste in Austria

Eight OPEC+ member countries on Saturday announced a sharp increase in oil production

Increase of 411,000 daily barrels

'Bombshell' OPEC+ output hike hits oil price

US President Donald Trump has frequently criticized Fed Chair Jerome Powell, seen in Chicago in April 2025, and called for the US central bank to cut interest rates

Stop-start tariffs

US Fed expected to pause rate cuts again, await clarity on tariffs

US President Donald Trump says 'I don't know' whether he is obligated to uphold the US Constitution

In NBC News interview

Trump says 'I don't know' if must uphold US Constitution as president

Researchers at Dartmouth College, seen here, believe they have developed a reliable AI-driven app to deliver psychotherapy, addressing a critical need for mental health care

Shortage of mental health professionals

US researchers seek to legitimize AI mental health care

Berkshire Hathaway's Warren Buffett has said he will step down by year's end as head of the company

'The Oracle of Omaha'

Warren Buffett to retire from Berkshire Hathaway by year's end

Billionaire investor Warren Buffett, CEO of Berkshire Hathaway, earned his massive fortune with savvy choices and personal frugality

Warren Buffett: billionaire investor with simple tastes

Meta says it 'may be forced to effectively shut down the Facebook and Instagram services in Nigeria'

Tribunal continues

Meta fighting Nigerian fines, warns could shut Facebook, Instagram

Defeat for right

Left-leaning PM triumphs in Australian election

Traditionally, Golden Week gives Japanese workers one of their longest breaks in the year, with many taking the opportunity to see other parts of Japan

Less eager to pack bags

Inflation, hotel prices curtail Japanese 'Golden Week' travels

Members of the navy patrol the Lazaro Cardenas port on Mexico's Pacific coast

Lazaro Cardenas

Mexican mega-port confronts Trump's tariff storm

The usual choreography of cranes at the Port of Los Angeles is stumbling thanks to swingeing tariffs imposed by Donald Trump

Trump's tariffs bite at quiet US ports

Analysts don't expect letting developers link to payment platforms outside the App Store to be a major hit to revenue generated by Apple's services business

Music streaming

Apple eases App Store rules under court pressure

US hiring slowed less than expected in April

Trump's first 100 days

US hiring better than expected despite Trump uncertainty

Billionaire-owned Paris FC win promotion and prepare to take on PSG

Solid April jobs figures helped reassure investors about the impact of President Donald Trump's tariff policies on the US economy

Tracking Wall Street gains

Stocks gain on US jobs data, tariff talks hopes

US President Donald Trump is proposing a big boost in defense spending

President's 'wish-list'

Trump eyes huge 'woke' cuts in budget blueprint

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