Business & Tech

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Business & Tech

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

Harsh anti-progressive policies in Washington cast a shadow over this year's SXSW, the 37-year-old festival that transforms downtown Austin

37-year-old event

Trump's anti-diversity and immigration stance overshadows SXSW festival

People participate in a protest against Elon Musk outside a Tesla dealership in Pasadena, California on March 8, 2025

Trump says will buy a Tesla to show support for Musk

The two newspapers have taken starkly different lines

French right-wing media's Russia tilt irks Elysee

Volkswagen has struggled with the shift to electric vehicles

Struggling with fierce competition

Volkswagen to navigate another tricky year after 2024 profit plunge

Japanese automaker Nissan said chief executive Makoto Uchida will step down, which follows the failure of merger talks with rival Honda

Failed merger talks with Honda

Struggling Japanese automaker Nissan replaces CEO

Lego chief executive Niels Christiansen told AFP that the toymaker would 'find ways to deal' with any tariffs

Not lying awake at night

Lego posts record profit, CEO shrugs off US tariff threat

Lagos, Nigeria's economic capital, is home to a thriving fintech sector

Long-delayed efforts

Nigeria moves gingerly to tame Africa's biggest crypto market

While Elon Musk enjoys Donald Trump's confidence, polling shows he is deeply unpopular among ordinary Americans

South Korea's Kia denies responsibility for anti-Musk ad

The LA wildfires have dealt a multi-billion-dollar hit to the insurance industry

Los Angeles wildfires cost Lloyd's of London $2.3 bn

The Amadea, a superyacht that belonged to Russian billionaire Suleiman Kerimov and was seized by the US authorities, may be headed to the auction block

$300 million vessel

Russian oligarch's superyacht could be auctioned in US

US stock markets took a battering over recession fears

Slipping back into deflation

Stock markets plunge on US recession fears

After Elon Musk bought Twitter in late 2022 he gutted the staff, raising concerns about the safety and stability of the platform he has renamed X

40,000 people reporting outages

Musk says X hit by major cyberattack

UBS and its French subsidiary were also definitively convicted of having set up a system of massive tax evasion between 2004 and 2012

UBS fined 75,000 euros in France for harassing two whistleblowers

Video game giant

Former Ubisoft bosses on trial in France accused of sexual harassment

Niger faces an unprecedented fuel shortage, mostly due to the black market drying up

Major fuel shortage hits black gold producer Niger

Starlink systems provide high-level satellite communications

Musk spat renews opposition in Italy to Starlink deal

Rice prices have soared in Japan

National staple

Japan auctions emergency rice reserves as prices soar

PM Egede said Trump's behaviour towards Greenlanders was disrespectful and offputting

US President Donald Trump 'unpredictable': Greenland PM

The German airport workers strike affected 3,400 flights, impacting around 500,000 passengers

Strike action grounds thousands of flights in Germany

President Donald Trump said the United States was in talks with four groups interested in acquiring TikTok

Trump says US in talks with four groups over TikTok sale

A woman withdraws money from an ATM on in Tunis

No more paying in increments

'Got cash?' Tunisians grapple with new restrictions on cheques

Charging stations are seen at the Tesla corporate headquarters in Travis County, Texas

Counter-cultural conference

Texas tech boom: Silicon Valley's southern outpost rises

Researchers warn that the pro-Russian Pravda network is infiltrating leading AI chatbots

Cyber operation

Russian disinformation 'infects' AI chatbots, researchers warn

Despite having immense oil and gas reserves, Iraq remains dependent on imports to meet its energy needs

Washington decision

Iran says won't negotiate under 'intimidation' as Trump ramps up pressure

The Japanese owner of 7-Eleven said it had agreed to jointly explore store sell-offs with Alimentation Couche-Tard to address antitrust concerns ahead of a potential merger

Addressing antitrust concern

7-Eleven, Couche-Tard explore sell-offs ahead of potential merger

China is set to impose fresh tariffs of 15 percent on US wheat and several other farm products

Agricultural goods

China-US trade war heats up as Beijing's tariffs take effect

US President Donald Trump said 'I hate to predict things like that' when asked about a possible recession

Fox News interview

Trump declines to rule out 2025 US recession

Temporary relief on tariffs

Mexico president says 'dialogue prevailed' in Trump tariff dispute

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