Business & Tech

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Business & Tech

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

Nvidia CEO Jensen Huang has made leather jackets part of his signature style

'Object so closely tied to AI defining figures'

Leather jacket worn by Nvidia CEO Jensen Huang auctions for nearly $1 mn

The Nasdaq fell sharply for a second straight session on worries about lofty valuations of artificial intelligence shares

Tech share selloff rolls on, oil prices jump on Mideast clashes

A model released by Chinese startup Moonshot AI has fuelled buzz around the country's tech prowess

China's Kimi K3 rattles US AI industry

The blocked access to Polymarket's website comes after visits increased despite a ban on bets from France

Online prediction market

France blocks access to Polymarket

Brussels has been under intense pressure to overhaul the two-decade-old Emissions Trading System (ETS)

Emissions Trading System

EU reforms carbon market under pressure from industry

Japan, with some of the most densely populated cities among advanced economies, has a shortage of suitable urban space to build data centres

'Terrible plan'

Opposition to data centres grows in cramped urban Japan

Moonshot AI calls Kimi K3 the world's first open-source model of its size

'Closest to the frontier yet'

China's Moonshot AI chases 'DeepSeek moment' with much-hyped model

Chinese AI models are catching up to the most powerful offerings from the United States

'Symphony of international cooperation'

China's Xi says AI should not be dominated by one country

Luxembourg AI pioneer Marco Barnig passes away

For the period from April to June, Volvo Cars reported revenues of 77.7 billion kronor ($8.05 billion), down from 93.5 billion kronor a year earlier

Reflecting geopolitical uncertainty

Volvo Cars sees declining sales in 'challenging' environment

Leading employer

'Our employees are our greatest asset', says Dussmann Luxembourg CEO

Hydrogen trains use fuel cells to generate electricity by combining hydrogen and oxygen, emitting only water and steam

$12-million project

India launches first hydrogen-powered train in clean energy push

Petula Clark, now 93, is planning a concert in London

Veteran British star

Petula Clark, 93, hopes real singers will survive the AI tide

Miners taking part in wind turbine operation training at the Gorzyca Wind Farm

Green transition

From coal pits to wind turbines, Polish miners rise to the occasion

Tech shares after investors viewed a presentation by Claude owner Antrhopic as less threatening than feared to incumbent technology companies

More AI, fewer people?

Startups bet on AI -- and a leaner future

This screen grab from a SpaceX live webcast shows SpaceX's Starship rocket ten minutes before its scheduled launch from South Padre Island, Texas, on July 16, 2026, ahead of an abrupt scrub of the test

SpaceX abruptly scrubs Starship test flight

Skyroot Aerospace's plans to launch India's first privately developed orbital-class rocket before August 4 mark the next major step for the growing Indian space industry

Ambitious goals

India's space sector takes off as private rocket readies launch

Elon Musk's Starlink dominates the global satellite communications sector with thousands of satellites in orbit and operations in dozens of countries

In case of conflict with China

Taiwan lawmakers to remove legal hurdles for Starlink to operate

Since opening the sector to private players in 2020, India has become home to more than 400 space startups

Reshaping ambitions

India's private space industry shoots for the stars

Netflix has been diversifying its content -- most recently with shorter-form video

Netflix shares drop on growth worries

A Boeing 737 MAX 10 fuselage is pictured during the opening ceremony for the company's new North Line assembly line, which will produce 737 MAX aircraft, at the Boeing Everett Factory in Everett, Washington

International airshow

Farnborough to survey the state of Boeing's comeback

The US remains the world's largest air passenger market but analysts expect China to overtake it in the next decade

US still world's biggest air transport market, but growth slows: data

Nationalisation brings British Steel back into government ownership for the first time since 1988

Full public ownership

UK nationalises struggling British Steel

Founded in 2011, Delivery Hero now operates in over 60 markets and is one of the world's biggest food delivery groups

Operations across 60 markets

Germany's Delivery Hero agrees 12.7-bn-euro takeover by Uber

TSMC's net profit for April to June surged 77.4 percent year-on-year to NT$706.6 billion (US$22 billion), smashing analyst estimates of NT$624.4 billion

Following record profits

Taiwan chipmaker TSMC to invest another US$100 bn in Arizona fabs

TSMC's net profit for April to June surged 77.4 percent year-on-year to NT$706.6 billion (US$22 billion), smashing analyst estimates of NT$624.4 billion

Fuelled by massive demand

Taiwan chipmaker TSMC reports record quarterly profit

Shares of Apple rose about four percent, one of several mega-tech companies with large gains, lifting major US indices

US stocks gain after reassuring inflation data, tech giants advance

Elon Musk's X was the target of the first investigation launched under the EU's new digital content rules

Amid ongoing appeal

EU accepts X's plan to fix digital content violations

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