Business & Tech

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Business & Tech

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

A person looks at AI artwork created by Pindar Van Arman's Emerging Faces at a preview for 'Augmented Intelligence' at Christie's on February 20, 2025 in New York City

Modest enthusiasm

Christie's first AI art auction sees hits... and plenty of misses

Defense stocks lifted European bourses on news that the likely next German chancellor, Friedrich Merz (L), shown here with Germany's Social Democratic Party (SPD) Chairman Lars Klingbeil, plans heavy investment in military programs

Amid looming trade war

Global stocks rally on German defense push, US pause on auto tariffs

Trucks queue near the Mexico-US border

Reorientation needed

Trump tariffs reverberate through Mexico's industrial belt

Strawberries from Mexico displayed for sale in Hawthorne, California are among the items affected by new US tariffs

Bracing for impact

Deluge of Trump tariffs seen hitting household budgets

The US Treasury Department was the target of a Chinese cyberattack in 2024

Digital espionage

Chinese hackers indicted in US for Treasury breach, other attacks

Cash may no longer be king in Switzerland but it may soon be constitutionally protected

Don't go full digital

Swiss lawmakers vote to enshrine cash in constitution

US Commerce Secretary Howard Lutnick expects an announcement on Canada, Mexico tariffs Wednesday afternoon

A day after taking effect

US official says possible Canada, Mexico tariff relief on 'categories'

The Panama Canal handles five percent of global maritime trade, and 40 percent of US container traffic

'New affront to the truth'

Panama president says Trump 'lying' about reclaiming canal

More than two-thirds of tequila produced last year was exported to the United States

Million dollar industry

Trump tariffs leave Mexican tequila producers with sour taste

One of US President Donald Trump's biggest allies is Elon Musk, whose social media platform X faces an EU probe

Strained relations

EU asked to say how much funding given to Musk firms

China's President Xi Jinping arrives for the opening session of the National People's Congress (NPC) on Wednesday

China eyes five percent growth despite US trade war

US President Donald Trump (L), with Taiwanese chip-maker TSMC's CEO C.C. Wei (R), speak to journalists at the White House

Chip-making giant

What TSMC's $100 bn investment in the US means for Taiwan

The People’s Liberation Army (PLA) band members in Beijing on Wednesday: China has the world's second-largest military budget, but lags well behind the United States, its primary strategic rival

Rapid modernisation

China to hike defence spending by 7.2% this year

A US judge said Elon Musk failed to provide enough evidence to prove an injunction is needed to stop OpenAI from continuing with its plan to transition from a nonprofit to a for-profit enterprise while a lawsuit on the matter heads for trial

Heading to trial

Musk fails in bid to block OpenAI becoming for-profit business

US President Donald Trump's tariffs on Canada, Mexico and China, and the retaliation they attracted, could dent US GDP growth notably if kept in place over a year

Optimism overshadowed

Trump tariff uncertainty overshadows growth promises: analysts

Critics say Elon Musk's companies are in line to get a windfall from the Donald Trump administration even as the billionaire tech giant heads a department aimed at rooting out and cutting government inefficiency

Internet rights

Advocacy group fears US will steer broadband cash to Musk

Oil tankers sail through Lake Maracaibo in Maracaibo, Venezuela on March 15, 2019

Trump gives Chevron a month to 'wind down' Venezuela operations

Steep US tariffs on Canadian and Mexican goods came into effect as a deadline to avert President Donald Trump's levies passed without the nations striking a deal

Canada, Mexico could see relief from tariffs, Trump official hints

US President Donald Trump has refused to rule out a military invasion of Panama to regain control of the canal

BlackRock takeover

Hong Kong firm offloads Panama ports after Trump pressure

Off the shelves

Several Canadian provinces ban US alcohol in tariff response

The European Union warned that the US tariffs on Canada and Mexico risk 'disrupting global trade'

Strong dissatisfaction

Global stocks tumble as Trump proceeds with more US tariffs

Canada, Mexico, China

US stocks fall again as more Trump tariffs take effect

Trucks queue near the Mexico-US border

'We will endure': Mexican truckers stoic in face of Trump tariffs

Trade war brings fear, uncertainty to Canadian border city

Price cuts from the Dangote Refinery helped drive down the cost of fuel in Nigeria

Relying on imports

Competition drives down Nigeria petrol prices

Trucks queue in Tijuana near the Mexico-US border

Amid recession risk

How will Mexico respond to Trump's tariffs?

A buyer drives a new Model Y car at Tesla's Xiedao delivery centre in Beijing in February 2025

Adding to recent losses

Tesla shares fall on weak China auto sales

Prada presented its womenswear ready-to-wear fall-Winter collection at Milan Fashion Week in February

Defying expectations

Prada shines despite luxury crisis, Versace rumours swirl

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