Business & Tech

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Business & Tech

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

China is a major market for Tesla, where the company has two factories and is trying to compete with fast-growing domestic manufacturers

Catching up with competition

Tesla rolls out advanced self-driving functions in China

Unilever chief Hein Schumacher planned to spin off the consumer giant's ice cream division that includes Ben & Jerry’s

'Mutual agreement'

Hein Schumacher to step down as Unilever CEO

South Korea's central bank on Tuesday slashed interest rates and its annual growth forecast

Consumer confidence hit

S. Korea's central bank cuts rate, growth outlook over tariff fears

Visitors take pictures of wafer samples at the Intel booth during Computex 2024 in Taipei in June 2024

Manufacturing shift

Trump's chip tariff threats raise stakes for Taiwan

A Bolivian steel plant site is believed to hold more than 40 billion tons of iron ore, making it one of the largest deposits in the world

'Belt and Road Initiative'

Bolivia inaugurates steel plant built with Chinese loan

US President Donald Trump said tariffs he has unveiled on Canada and Mexico are going ahead as planned, in a press conference after talks with French President Emmanuel Macron

Trump says Canada, Mexico tariffs moving 'forward' on schedule

The sale of the Argentine subsidiary comes a month after the surprise appointment of Marc Murtra as Telefonica boss

Prompting investigation

Spain's Telefonica sells Argentina subsidiary for $1.2 bn

Anthropic CEO Dario Amodei took part in a session on artificial intelligence during the World Economic Forum annual meeting in Davos on January 23, 2025.

Claude 3.7 Sonnet

Anthropic releases its 'smartest' AI model

Frankfurt equities rose after the conservatives led by Friedrich Merz won Germany's national election

Dour end to last week

Frankfurt stocks rise on German vote outcome

Mexico faces mounting pressure from Washington to do more to curb illegal flows of migrants and drugs, particularly fentanyl

Mexico president hopeful of deal this week to avert US tariffs

US President Donald Trump, whose January inauguration was attended by big tech CEOs, vowed to protect US firms from foreign governments' actions

EU vows to enforce digital rules despite Trump tariff warning

Alibaba and other tech giants have enjoyed a revival in recent months, after being hit by a long-running government crackdown

Over next 3 years

China's Alibaba to invest $50 bn in AI, cloud computing

Players have beseiged Capcom's 'Monster Hunter' stands at game shows

20-year-old franchise

'Monster Hunter' on prowl for new audiences as latest game drops

The blast furnace of German industrial conglomerate Thyssenkrupp Steel Europe AG in Duisburg, western Germany

Uncertainty persists

German business urges 'new beginning' after election

Prabowo Subianto has ordered sweeping cuts across government to fund his key campaign pledges including the new investment vehicle

Turbo-charging growth

Indonesia launches new multi-billion-dollar sovereign wealth fund

Hong Kong is a front-runner in a push by Asian governments to become cryptocurrency hubs

Capitalising on global resurgence

Hong Kong and Singapore lead Asia's drive to cash in on crypto boom

Hong Kong is facing its toughest fiscal test in three decades following a painful run of mammoth deficits

Toughest fiscal test

Well-off Hong Kong daunted by record deficits

Fashion designers and retailers can book Alexsandrah Gondora's digital double for photo shoots

Creating replicas

AI opens 'endless' doors for fashion models, closes others

Argentine President Javier Milei addressed the annual Conservative Political Action Conference near Washington

Ideological ally

Argentina's Milei praises Trump plan for reciprocal tariffs

X9 electric vehicles by Chinese EV manufacturer XPeng, waiting to be loaded on a ship headed for Thailand

Announced on Saturday

China's EV maker XPeng eyes doubling global presence by year's end

Macron said European farmers cannot become an 'adjustment tool'

Against Von der Leyen

France still seeking to block EU-Mercosur trade deal: Macron

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?

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