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.

Ukraine has huge mineral resources and some coal mines are still operating despite Russia's invasion but huge investment will be needed to reach its rare earths

5% of world's resources

Ukraine's earth riches are rare and difficult to reach

US stocks finished the week on a sour note following lackluster economic data

US stocks tumble on fears of slowdown

French cognac makers rely on exports for 98 percent of their sales with cognac making up the vast majority of EU brandy exports to China

Antidumping duties

Cognac on the rocks: industry seeks French govt help from Chinese tariffs

Lilium burnt through huge sums while trying to develop its jet

Filing for insolvency

German flying taxi start-up's rescue deal collapses

US Treasury Secretary Scott Bessent and his Chinese counterpart He Lifeng held an introductory call raising serious concerns with each other

Bubbling tensions

US, China economic leaders raise 'serious concerns' in first call

Apple says it will have to stop end-to-end encryption for British clients and iPhone users

Government wants 'backdoor'

Apple says halting data protection tool for UK users

US President Donald Trump has threatened tariffs on a number of countries and goods

Tech, auto, medicines: who will pay Donald Trump's tariffs?

Chinese tech companies shrug off foreign scrutiny of chatbot maker DeepSeek

More gains expected

Chinese AI companies celebrate DeepSeek, shrug off global curbs

The WTO headquarters at the Centre William Rappard in Geneva, Switzerland

Trump tariffs leave WTO adrift in eye of the storm

The reported proposal follows the failure of Nissan's merger talks with its rival Honda

Declined to comment

Nissan shares jump 11% on reported plan to seek Tesla investment

The price of rice soared more than 70 percent year-on-year in January

Further pressuring households

Japan's core inflation rate hits 19-month high

Ukraine's President Volodymyr Zelensky is leading his country as it fights off a Russian invasion

'Community notes feature'

Musk vows to 'fix' X feature over Ukraine and Zelensky

Shares of Walmart fell sharply after its forecast missed expectations

Renewed inflation fears

Stocks mostly fall on tepid Walmart outlook, geopolitical worries

In FOX interview

Trump admin to press ahead with Amazon, Meta antitrust cases

Maros Sefcovic, European Commissioner for Trade and Economic Security, speaks at the American Enterprise Institute (AEI) in Washington, DC, on February 19, 2025

'Seek constructive dialogue'

EU trade chief says tariff reciprocity 'must work for both' sides

President Donald Trump claims the EU imposes higher tariffs on US cars than vice versa but experts say the reality is more complex

Rising trade tensions

Unfair? Figures belie Trump's claims on EU trade balance

The current Air Force One jets face rising maintenance costs and use parts that are increasingly obsolete

Delivery delays

Trump considering 'alternatives' to Boeing for Air Force One contract

Walmart has scored gains with higher income consumers, but shares fell on a disappointing forecast

Missing estimates despite strong results

Walmart sales rise but shares tumble on forecast

Mercedes-Benz is facing another tough year after a torrid 2024

Planning hefty cost cuts

Mercedes-Benz flags cost cuts, tough year ahead after torrid 2024

The ECB began raising borrowing costs sharply in July 2022 as Russia's war in Ukraine pushed up costs

Nearly 8 billion euros

ECB rate hikes result in record loss in 2024

Birkenstock's footwear is known for its leather straps and cork and latex soles

Copyright dispute

Birkenstock sandals are not art, German court rules

The return of the iconic Renault 5 as an electric car is bringing customers into dealerships and having a 'halo effect' on sales of other models, the company says

Net profit sank

Renault revs up profitability in 2024

US President Donald Trump told reporters on board Air Force One that a trade deal with China was possible

Advocating mutual respect

Trump says trade deal with China 'possible'

The entry into service in 2024 of the A321 XLR gave Airbus a step up over Boeing which does not have a long-range single-aisle aircraft

Boosted plane deliveries

Airbus profit climbs in 2024, aims to accelerate output

Yoji Muto is arranging a visit to the United States to seek exemptions from President Donald Trump's tariffs, local media said

Seeking tariff exemption

Japan's trade minister arranging US trip: reports

Europe's answer to bring its economy back to life will be a battery of measures including boosting its clean tech sector

Pressure to perform

Eyeing China and US, EU hopes clean tech boost will spark growth

Indonesia's leader Prabowo Subianto has ordered sweeping budget cuts to fund his campaign pledges

Sweeping action

Lights out for Indonesia civil servants as Prabowo cuts budgets

Key election issue

Heated immigration debate complicates Germany's search for workers

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