Business & Tech

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Business & Tech

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

South Korea's largest carrier SK Telecom started on Monday to replace mobile SIM chips for its 23 million users following a data breach

23 million users affected

South Korea's SK Telecom begins SIM card replacement after data breach

French bakers have complained of major problems opening on May 1

Legal confusion

Crumbs! Should French bakeries open on May 1?

A fatal accident involving a Xiaomi SU7 raised concerns over safety and the advertising of cars as being capable of 'autonomous driving'

Autonomous vehicles

Smart driving new front in China car wars despite fatal crash

Efforts by the administration of President Donald Trump to scale back anti-disinformation efforts in the United States could have national security implications

Growing challenges

US anti-disinformation guardrails fall in Trump's first 100 days

Some firms started shipping more goods to the United States even before Donald Trump's tariffs announcements

Extra shipments

Trump trade war pushes firms to consider stockpiling

A worker raking coffee beans during the drying process at the Xiaowazi, or Little Hollow, coffee plantation in Pu’er

Chinese tea hub branches into coffee as tastes change

Supporters hail Assange as a champion of free speech

Thankful for support

Wikileaks founder Assange joins crowds for pope funeral

From his prison cell, jailed opposition mayor Imamoglu has denounced the latest arrests

Corruption probe

Turkey's opposition says Erdogan's canal plan behind latest arrests

Robots weld chassis of electric cars at a Zeekr factory in Ningbo, in China's eastern Zhejiang province

Robots key to keeping pace

Foreign carmakers strive for 'China Speed' to stay in race

Chinese startup DeepSeek shook up the AI world in January with its R1 chatbot, matching the performance of its US competitors at a lower cost

To become world leader

Xi says China must 'overcome' AI chip challenges

A man walks past a closed shop during a shutdown called by different trade unions to show solidarity with victims of the Pahalgam tourist attack, in New Delhi on April 25

Prickly consequences

India and Pakistan's Kashmir fallout hits economy too

Since taking the helm of the World Bank in 2023, Ajay Banga has pushed to streamline operations and encourage private sector participation

'Earliest possible'

Developing countries should fast-track US trade deals: World Bank president

Despite US officials touting progress on tariff talks, analysts warn that hard work lies ahead

Anxiety building

Trump tariff promises get a reality check

Hopes for trade deals have helped equity investors rediscover their vim

Diffusing trade war tensions

US stocks extend rally as market eyes busy calendar next week

Pope Francis waves after Easter mass at St Peter's square in the Vatican on April 20, 2025

'Snake-tactics'

Pope's death triggers surge of disinformation he fought against

International Monteary Fund Managing Director Kristalina Georgieva said countries had shown a willingness to tackle their own problems

Trump's policies

IMF chief hails 'constructive' Spring Meetings held under tariff uncertainty

Bayer has been dogged by lawsuits linked to the weedkiller Roundup

Roundup under threat

Bayer says legal woes could force it to pull weedkiller

The dieselgate affair had already cost VW more than 30 billion euros ($34 billion) in fines, legal costs and compensation to car owners, mainly in the United States

'Managers accused of fraud'

German prosecutors seek jail terms in VW 'dieselgate' trial

IMF European Department Director Alfred Kammer said the European Union and the United States should negotiate a deal to boost growth

Global trade war

EU, US should de-escalate and negotiate trade deal: IMF Europe director

Moulded Lego bricks on display at the Lego Museum in Billund, Denmark

Concrete ruling

Lego block: Dutch court rules mould maker can't use toy trademark

Economists have warned the Russian economy is showing signs of slowing down

Borrowing costs kept high

Russia holds key rate at two-decade high despite slowdown fears

US President Donald Trump in the Oval Office of the White House in Washington, DC, on April 24, 2025.

Competing accounts

Trump claims China's Xi called him on tariffs

A Hermes luxury bag workshop in France in April 2023

Videos offer cut-price deals

TikTok videos exploit trade war to sell fake luxury goods

China's top leaders pledged to step up support for the economy while acknowledging that 'external shocks' were increasing

Global economic strain

China's top leaders pledge economic support as trade war rages

Saab makes the Gripen jet fighter

'Soaring profits'

Arms maker Saab posts record sales as Europe rearms

Investors have been watching closely to see whether the billions of dollars Google is pouring into datacenters and artificial intelligence hosted in the cloud are paying off for the Silicon Valley tech giant

Alphabet quarterly earnings lifted by cloud and AI

Executives at Silicon Valley chip maker Intel say 'fluid' US trade policies and regulatory moves have increased the chances of economic slowdown

Tariff knock-on effect

Intel chief vows to thin ranks at US chip maker

The rally in stocks continued on Wall Street but fizzled elsewhere

Stocks rally rolls on in US, mixed elsewhere

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