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.

The Ariab company gold mine in the Sudanese desert, 800 kilometres northeast of the capital Khartoum, on October 3, 2011

Country's natural riches

Scramble for Sudan's resources fuels brutal civil war

ExxonMobil is resuming a liquefied natural gas development project in Mozambique, more than four years after it was paused due to a jihadist insurgency

US energy giant

ExxonMobil relaunches natural gas project in Mozambique

Shares in chip giant Nvidia -- which last month hit a $5 trillion valuation -- slipped after rallying

'AI euphoria' vs 'debt-filled reality'

Stocks lose steam on AI concerns as jobs data cloud rate cut hopes

Walmart reported revenue that beat expectations in the third quarter, rising to $179.5 billion

Walmart earnings beat expectations as shoppers seek savings

The US economy added 119,000 jobs in September, but unemployment continued rising, according to a delayed government report

US unemployment up even as hiring beat expectations in delayed report

Tod's are best known for their driving loafers

Luxury fashion label

Italy probes Tod's executives over labour exploitation

Finance Minister Lars Klingbeil was the first senior representative of the German ruling coalition to visit China

Germany says China promised 'reliable' rare earth supply

Some clothes sold by Shein contain dangerous chemicals, Greenpeace says

E-commerce giant under scrutiny

Greenpeace says clothes sold by Shein break EU chemicals rules

Companies involved in fossil fuels will no longer be able to claim the 'sustainable' label

Overhauling 'vague and permissive framework'

EU moves to bar 'green' labels for fossil fuel investments

TAP's stake sale is attracting interest from major airlines

Set to be privatised

Lufthansa enters race for TAP stake against Air France-KLM

Meta 'systematically' broke advertising rules, a Spanish court found

€479 million compensation plus €60 million interest

Spain court orders Meta to compensate media for 'unfair competition'

While AI-led demand is surging, chip-makers are also winding back spending on capacity, which is keeping prices elevated

AI data centres hoovering them up

Memory chip crunch set to drive up smartphone prices

Tech giant Meta will start blocking Facebook and Instagram access to users under 16 in Australia

Teens to be banned from social media

Meta to remove under-16 Australians from Facebook, Instagram on December 4

Nvidia founder and CEO Jensen Huang has stressed the need for the company to compete in the China market, where sales of its chips have stalled as a result of US President Donald Trump's trade war

Amid talk of AI bubble

Nvidia reports 'off the charts' demand for AI chips

Markets have struggled due to worries over an AI-fuelled bubble and uncertainty over US interest rates

Tech rally gone too far?

Stocks steadier before key Nvidia results as oil slides

Fed Chair Jerome Powell said after the October decision that a December rate cut was 'far' from a 'foregone conclusion'

A move sure to infuriate President Trump

Many US Fed members inclined against December cut: minutes

The agreement with the US has sparked fears in Switzerland that the country's proud farmers will be forced to accept American hormone-pumped beef

Concessions for 39% tariff avoidance

Swiss queasy over chlorinated chicken fears in US tariff deal

A container ship at the German port of Bremerhaven

After Trump's tariffs

China passes US to return as Germany's top trade partner

The dispute erupted in September when the Dutch government effectively took control of Nexperia

China, Netherlands move to resolve Nexperia chip row

Adopted in 2023, the EU's deforestation law was hailed by green groups as a major breakthrough in the fight to protect nature and combat climate change

EU states back new delay to anti-deforestation rules

US imports slumped in August, according to delayed government data, as a new wave of tariffs took effect

Continued uncertainty

Trump tariff hikes hit US August imports, delayed data shows

The European Union has become increasingly concerned about Chinese-founded platforms flooding the 27-nation bloc's market

New reality in e-commerce

With Shein, Temu rising, EU to overhaul consumer protection rules

The delayed rail project in Stuttgart symbolises Germany's infrastructure woes

Mammoth German rail project hits the buffers - again

Campaigners drove across Brussels on Wednesday with large billboards calling on EU chief Ursula von der Leyen to stand up to US President Donald Trump and Big Tech

Catching up with global competitors

EU moves to delay 'high-risk' AI rules, cut cookie banners

The dispute erupted in September when the Dutch government effectively took control of Nexperia, based in the Netherlands but whose parent company is China's Wingtech

Sign of "good will"

Netherlands halts Nexperia takeover in gesture to China: minister

Roblox is rolling out age verification to try to prevent adults from chatting to minors

Roblox game platform launches age checks for chat

The value of bitcoin has fallen sharply after reaching record heights last month

Fell under USD90,000

Why is bitcoin plunging?

Debt relief and global inequality

South Africa to host G20 summit boycotted by US

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