Business & Tech

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Business & Tech

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

Investors are awaiting Friday's consumer price inflation (CPI) data for January for further clues on potential rate cuts

Stocks diverge as all eyes on corporate earnings

Turks have been dealing with heightened inflation for years, with the lira also weakening against the dollar and other currencies

Turkey's central bank lifts 2026 inflation forecasts

The Labour party has struggled to revive Britain's sluggish economy since winning a general election in July 2024

Amid resignation calls

UK economy struggles for growth in fresh blow to government

President Donald Trump's steep tariffs on European firms threatened to eat into Hermes's sales

Hermes sales rise despite US tariffs, currency headwinds

Paul Hudson was ousted after six years on the job

Pharmaceutical giant

Sanofi says board has removed CEO Paul Hudson

Japanese automaker Nissan forecast a huge annual loss that would amount to twice as much as what analysts had predicted

Struggling Nissan forecasts $4.2 bn full-year net loss

A protoype chipset featuring Samsung Electronics' high-bandwidth memory technology was unveiled in October last year.

Industrial breakthrough

Samsung starts mass production of next-gen AI memory chip

Non-alcoholic wine has many different types of customers, say producers

Fast-changing attitudes

Non-alcoholic wine: a booming business searching for quality

The lawsuit alleges Meta failed to implement basic cybersecurity measures on its WhatsApp messaging platform

Affecting 100 million users

Russia's Kremlin blocks WhatsApp for failing to comply with local law

The US economy added more jobs than expected by analysts in January, reassuring investors about the economic outlook

US stocks move sideways after January job growth tops estimates

The Yamal LNG plant is located in the Arctic circle, some 2500 km from Moscow

Supplies can easily replaced

TotalEnergies can do without Russian gas: CEO

Emmanuel Macron said that Europe needed to be an 'independent power'

'Let’s get it done'

EU leaders push rival fixes to reverse bloc's 'decline'

Excessive wear in certain engine starters could cause engine fires, the company said

Faulty starters

BMW recalls hundreds of thousands of cars over fire risk

A drone hovers as UK's Makayla Gerken Schofield competes in the freestyle skiing women's moguls during the Milano Cortina 2026 Winter Olympic Games at Livigno Aerials & Moguls Park

New drones provide first-person thrill to Olympic coverage

WTO Director-General Ngozi Okonjo-Iweala at the WEF summit in Davos

Need to 'fit with the times'

WTO must reform, 'status quo is not an option': chief

Unions call on PM Frieden to convene tripartite over ArcelorMittal restructuring

Nexperia plays a critical role in the global economy

Semi-conductor technology

Dutch court orders investigation into China-owned Nexperia

Mistral says it is pursuing 'a completely European AI solution'

'European AI solution'

French AI firm Mistral to build data centres in Sweden

Heineken's beer shipments fell 2.4 percent last year

'Challenging market conditions'

Struggling brewer Heineken to cut up to 6,000 jobs

YouTube and Meta are defendants in a blockbuster trial in Los Angeles that could set a legal precedent on whether social media juggernauts deliberately designed their platforms to be addictive to children

'They build traps'

Instagram boss to testify at social media addiction trial

Spears shot to fame in the late 1990s but has largely stepped back from the music scene

Deal worth $200 million

Britney Spears sells rights to her music catalog: US media

Investors are looking ahead to a range of US data this week including on inflation, retail sales and jobs

Jumping more than 2%

Stocks mixed as muted US retail sales spur caution

Century-long bond issues by companies are a rarity, and especially for Alphabet which has ample online ad revenue available to pay for investments rather than resorting to debt.

Google turns to century-long debt to build AI

Telefonica has adopted a strategic shift focusing on Britain, Germany, Spain and Brazil

For $1.2 billion

Spain's Telefonica sells Chile unit in Latin America pullout

President Emmanuel Macron, right, taking selfies with employees at ArcelorMittal's Dunkirk site on Tuesday

1.3 billion euros investment

ArcelorMittal confirms long-stalled French steel plant revamp

Spotify added more paying subscribers in the fourth quarter of last year

290 million premium subscribers

Spotify says active users up 11 percent in fourth quarter to 751 mn

A welcome return to profit for Philips

Despite tariffs

Back to black: Philips posts first annual profit since 2021

MrBeast, whose real name is Jimmy Donaldson, has used his YouTube success to launch and acquire other business ventures

Sprawling business interests

YouTube star MrBeast buys youth-focused banking app

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