Business & Tech

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Business & Tech

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

Fresh allegations

Third Al-Fayed brother accused of sexual abuse: BBC

Tensions between the US and China have soared in recent days as the world's two largest economies have slapped a volley of tariffs on each others' imports, hitting hundreds of billions of dollars in trade

'Unreasonable suppression'

US Postal Service halts China suspension after stoking trade fear

Mexican avocado shipments are worth more than $3 billion a year

Creamy, geen veg

Despite Trump, Mexico avocado farmers see no end of Super Bowl demand

In September 2020, Airbus unveiled three hydrogen-fuelled concept aircraft baptised ZEROe as its approach to decarbonise

Not reviewing approach

Airbus acknowledges slow progress on hydrogen plane

'There have to be rules,' Macron says ahead of a global AI summit in Paris

Regulation needed

Macron says AI should not be 'Wild West'

The US economy added 143,000 jobs in January, less than analysts expected

Amid freezing temperatures and devastating fires

US sees slower January job growth, below expectations

OpenAI chief executive Sam Altman has warned Europe that its risks getting left behind on AI development

Europe missing out?

OpenAI's Altman warns EU regulation may hold Europe back

Sports equipment retailer Decathlon, which has 1,700 stores in more than 70 countries, sells NBA-branded sweaters, t-shirts and trainers

Taking it 'very seriously'

NBA in touch with Decathlon over China forced labour accusations

Trump has slapped tariffs on China, delayed duties against Mexico and Canada and threatened to target Europe 'soon'

Trump's trade tempest: Week one

Putin told his prime minister to get a grip on rising consumer prices

Despite Western sanctions

Putin hails Russia's strong 2024 economic growth

Germany is a major exporter of goods ranging from cars to medical technology

Stoking tensions

Germany logs record US surplus amid Trump tariff fears

The 'Hi-Tech Park' in Minsk has been dubbed the 'Silicon Valley' of Belarus

Emigration and war hit once-booming Belarus tech sector

Hong Kong said Friday it will file a complaint with the World Trade Organization in response to heightened US tariffs on its goods

Against WTO rules

Hong Kong to file complaint with WTO over US tariffs

Crypto investors are in for a bumpy ride under Donald Trump, despite the US president's vow to make the US the 'crypto capital of the planet'

Sudden fluctuations

'Lottery ticket': Crypto investors brace for bumpy ride under Trump

For the full year 2024, Amazon's net income jumped to $59.2 billion from $30.4 billion in 2023

Falling stock price

Big Tech's AI spending rattles markets

Jamieson Greer testifies during a hearing on his nomination to be US trade representative in Washington on February 6, 2025

To reverse offshoring and deficits

Trump trade nominee says universal tariffs worth considering

The British pound slumped against the dollar after the Bank of England cut interest rates

Trade wars underway

Global stocks mostly climb as trade fears ease

For the full year 2024, Amazon's net income jumped to $59.2 billion from $30.4 billion in 2023

Strong holiday sales

Amazon profits double, but cautious outlook disappoints

OpenAI has made Europe a priority in its expansion of physical offices around the world, with sites in Paris, Brussels and Dublin

OpenAI says to host some customers' data in Europe

Panama's Jose Raul Mulino has called US claims to have obtained free passage for government vessels through the Panama Canal an

'Lies and falsehoods'

'Intolerable' US claim sparks new row over Panama Canal

Boasting an enormous selection of ultra-cheap items at a time when inflation has shrunk household spending power almost everywhere, Shein and Temu have become a global phenomenon

Shein, Temu face cost of adapting to new US customs rules

French cosmetics giant said 2025 is to be a 'phase of conquests'

'Very satisfied': director

L'Oreal bullish after net profits rise

Volvo said the outlook for 2025 isn't rosy with analysts expecting minimal growth amid uncertainty on several fronts

Volvo Cars anticipates bumpy 2025 as demand slows

The BoE is forecast to reduce borrowing costs by a quarter point to 4.50 percent according to analysts' consensus forecast

Quarter-point reduction expected

Bank of England slashes UK growth outlook amid Trump tariff threat

Shein was founded in China in 2012 and is now headquartered in Singapore

Online fashion giant

EU quizzes Shein over 'illegal' products

Decathlon said it 'condemns all forms of forced labour'

Biggest sports equipment retailer

Decathlon on back foot over China forced labour accusations

Bayrou is safe in his job... for now

Following tumultuous months

French parliament finally adopts 2025 budget

The discussions unravelled after Honda proposed to make its struggling rival a subsidiary

Latest conditions deemed 'unacceptable'

Honda-Nissan merger talks 'basically over': source

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