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.

South Korea is home to the world's largest memory chip maker Samsung, and largest memory chip supplier SK Hynix

Crucial industry

S. Korea plans extra $4.9 bn help for chips amid US tariff anxiety

Chinese President Xi Jinping (C) walks with Vietnam's Communist Party General Secretary To Lam (R) at the Ho Chi Minh Mausoleum in Hanoi

After bullying allegations

Xi's Vietnam trip aiming to 'screw' US, says Trump

This illustration photo taken on April 14, 2025, in Montreal, Canada, shows the alert: “People in Canada can’t see this content” on the Facebook page of news organization Agence France-Presse (AFP)

Navigating the echo chamber

Meta news ban intensifying Canadians' legacy media break

Chinese firm CATL produces electric vehicle batteries for major brands including Volkswagen, Tesla, Mercedes-Benz and BMW

Chinese EV battery giant CATL posts 33% surge in Q1 profit

First responders are seen near the landing skids of a helicopter after it crashed into the Hudson River

Following crash in Hudson

US grounds helicopter company behind fatal New York tour

Beijing and Washington are locked in a fast-moving, high-stakes game of brinkmanship since Trump launched a global tariff assault that has particularly targeted Chinese imports

Amid US trade war

China's economy likely grew 5.1% in Q1 on export surge: AFP poll

Meta CEO Mark Zuckerberg attended the inauguration of US President Donald Trump

Social media juggernaut

Meta chief Zuckerberg testifies at landmark US antitrust trial

Argentina has received a $20 billion loan from the IMF

Argentina's peso sinks after currency controls eased

LVMH tycoon Bernard Arnault saw luxury sales fall in the first quarter amid concerns over US tariffs

LVMH sales dip as Trump tariffs dent luxury tastes

Tesla's image has been badly tarnished by Elon Musk's role in the US government's cost-cutting drive and his company has become the target of vandals

Man charged over Tesla arson as anti-Musk wave sweeps US

Gold prices hit another record high, helped by a rush into safe havens and by the weaker dollar

Trade war fears

Stocks rise, dollar sags on tech tariff twist

Everything from Instagram photo captions to Facebook comments could soon be fair game for Meta AI

Captions and comments

Meta to train AI models on European users' public data

Goldman Sachs CEO predicted a solid 2025 in terms of dealmaking, even if there has been something of a pause amid uncertainty over tariffs

Higher first-quarter profits

Goldman Sachs profits rise on strong equity trading results

The name South China Sea remains visible to the north and west of the area newly identified as the West Philippine Sea

Disputed waterway

'West Philippine Sea' now visible on Google Maps without specific search

Nvidia says it plans to produce about a half trillion dollars worth of artificial intelligence infrastructure in the United States by the end of the decade through partnerships with TSMC, Foxconn and others

Artificial intelligence

Nvidia to build supercomputer chips entirely in US for first time

The UK government is racing against time to keep the blast furnaces running at a British Steel plant they have now taken control of

China warns UK against 'politicising' steel furnaces rescue

Vietnam's Communist Party General Secretary To Lam, left, and China's President Xi Jinping in Hanoi on Monday

Tightening regional trade ties

Xi calls on China, Vietnam to 'oppose unilateral bullying' on regional tour

Trump said on Air Force one that tariffs on semiconductors 'will be in place in the not distant future'

'Exemptions had been misconstrued'

Trump says no one 'off the hook' on tariffs but markets rise

China's fragile recovery faces fresh woes from Trump's trade war

Chinese exports soared in March ahead of Trump's 'Liberation Day'

ECB chief Christine Lagarde has warned the eurozone is facing heightened uncertainty

After five straight cuts

Trump tariff rollercoaster complicates ECB rate call

Navarro and Musk have clashed over US manufacturing

After calling him a 'moron'

Trump advisor Navarro looks to cool spat with Musk

The new tariff exemptions will benefit US tech companies like Nvidia and Dell as well as Apple, which makes iPhones and other premium products in China.

Calling for 'mutual respect'

US says tech tariff exemptions may be short-lived

Droves of Romanians have been flocking to the Bulgarian border city of Rousse since both countries fully joined Europe's Schengen zone

Increased traffic flow

Bulgarian border city hails Schengen tourism boom

Indonesia accounts for more than half the global supply of the edible oil, used in making foods such as cakes, chocolate, and margarine as well as cosmetics, soap and shampoo

Half of global supply

Indonesia palm oil firms eye new markets as US trade war casts shadow

The government viewed the possible closure of the plant as a risk to Britain's long-term economic security

Last factory standing

UK government to take control of British Steel under emergency law

The PCK oil refinery in the German town of Schwedt has struggled to remain profitable without Russian oil

Struggling to adapt

German refinery's plight prompts calls for return of Russian oil

An Iranian woman sells okra at the old market in Iraq's southern city of Basra

Iraqi markets a haven for pedlars escaping Iran's economic woes

Factories in China have seen export orders for the United States cancelled or suspended due to Donald Trump's trade war with Beijing

In the midst of a trade war

Chinese manufacturers in fighting spirits despite scrapped US orders

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