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.

Dave Lewis, a former CEO of UK supermarket chain Tesco and currently chairman of consumer healthcare firm Haleon, takes up the reins of Diageo

To start in January

Guinness maker Diageo picks new CEO after US tariffs cloud

European holidaymakers once flocked to Assinie's endless sandy white beaches and idyllic waters before political unrest drove them away

Transformed in the last years

From Club Med to Beverly Hills: Assinie, the Ivorian Riviera

Hanwha Philly Shipyard was among the US subsidiaries of Hanwha Ocean that had been under Chinese sanctions

Fragile trade truce takes shape

China lifts sanctions on US units of South Korea ship giant Hanwha

'There have been some mistakes made and as director general I have to take ultimate responsibility,' Davie said

Accusations of bias in reporting

BBC chief resigns after row over Trump documentary

'Garbage in, garbage out'

European Broadcasting Union study warns of misinformation risks in AI chatbots

The deadly UPS cargo plane crash left a plume of smoke across the sky

FedEx follows suit

US grounds MD-11 cargo planes after deadly crash

French riot police officers stood guard outside the department store

'Protect children, not Shein'

France moves to suspend Shein website as first store opens in Paris

Shein is preparing to open its first physical store in Paris

Asian e-commerce giant

Shein vows to cooperate with France in probe over childlike sex dolls

Air travel has been particularly impacted by the government shutdown, with the Trump administration ordering a slowdown at airports over safety concerns

Uneasy trading floors

Worries over AI spending, US government shutdown pressure stocks

China and the Netherlands have been in fight for control of chipmaker Nexperia

Row de-escalation

Nexperia chip exports resuming: German auto supplier

Ukrainian President Volodymyr Zelensky is keen for further financial support from European allies

Now Europe's main gas supplier

Will 'war profiteer' Norway come to Ukraine's financial rescue?

Mitsotakis said the agreement would open 'a new chapter in Greece's energy history'

Offshore drilling

Greece woos US energy deals, as eco groups cry foul

The former military headquarters in Belgrade was destroyed during the US-led NATO air campaign

Previously designated 'cultural asset'

Serbia fast-tracks army HQ demolition for Trump family hotel

An employee opens a massive security door inside the storage room of Tradium, a company specialised in trading rare earths, near Frankfurt, western Germany

Essential for modern tech

Inside Germany's rare earth treasure chest

After bumping prices following the Covid pandemic, Ikea has allocated between two and three billion euros to reduce prices by 10 percent over the past two fiscal years

Ikea profits drop on lower prices, tariff costs

AI will be taking centre stage at this year's Web Summit as major global players are racing to control the supply chain for chips needed to drive generative artificial intelligence

'Davos for geeks'

Global tech tensions overshadow Web Summit's AI and robots

New York's mayor-elect Zohran Mamdani has repeatedly been a target of misinformation

Right-wing Trump supporters

US influencers falsely associate Mamdani with extremist group

Musk, with a net worth of more than $500 billion according to Forbes, is already the world's richest person

To achieve breakthroughs

Tesla shareholders approve Musk's $1 trillion pay package

This handout courtesy of Rockstar Games shows a video grab from a 'Grand Theft Auto VI' video game trailer that has fans thinking it will feature a 'Bonnie and Clyde' style outlaw couple

'Sorry for additional time'

'Grand Theft Auto VI' video game delayed again until Nov. 2026

Data showing US private sector hiring has fallen to a 14-year low dampened sentiment but increased expectations of an interest rate cut next month

Trader sentiment creeped back

Stocks slide as investors weigh data, interest rate cuts

Shein opened is first brick-and-mortar store in Paris on Wednesday

Following childlike sex doll scandal

France urges EU to sanction Shein platform

US President Donald Trump said he has reached deals with Eli Lilly and Novo Nordisk to lower the costs of some popular weight-loss drugs

In exchange for tariff relief

Trump unveils deals to lower costs of some weight-loss drugs

The crashes of the two Boeing 737 MAX jets resulted in 346 fatalities

Part of agreement

US judge drops criminal charges against Boeing over 737 MAX 8 crashes

Coinbase has its European headquarters in Ireland

Potentially linked to criminal activities

Crypto giant Coinbase fined in Ireland for rule breaches

Germany's steel industry employs about 80,000 people directly, according to federation WV Stahl

Surging energy costs

German steel industry girds for uncertain future

Police said they had conducted over 100 immigration checks during the raid

After surprise inspection

Police say 19 held after raid at Swedish start-up Stegra to be deported

De Wever has threatened to resign if coalition partners don't agree a cost-cutting budget

Staring at collapse

Teetering Belgian government given more time to agree budget

The EU strategy mirrors the one embraced by Trump, who imposed 50-percent tariffs to keep out cheap metals from China

Tariffs on foreign steel

Merz backs EU plan to protect steel sector from Chinese imports

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