Business & Tech

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Business & Tech

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

Crypto czar David Sacks speaks at the White House on March 3, 2025 next to President Donald Trump

Renewed momentum

Trump to welcome crypto elite at White House

Greenland holds untapped mineral and oil reserves

Trump's new pursuit

Minerals, mines, hydrocarbons: Greenland's key but limited resources

The eurozone economy has displayed increasing signs of weakness

Boosting eurozone

ECB chief warns of 'risks all over' as rates cut again

The ban on TikTok in Albania is set to last 12 months

Banned for 12 months

Albania to shut down TikTok in coming days

Some Scandinavian consumers are trying to avoid US products over President Donald Trump's halting support for Ukraine

Tricky endeavour

Scandinavians boycott US goods over Trump's Ukraine U-turn

Thailand, Myanmar and China have been clearing out illegal cyberscam compounds on the Thai-Myanmar border

Cyberscam compounds

Thailand repatriates hundreds more Chinese scam centre workers

What we know about 'gigantic' Alaska gas pipeline plan

An image of an electronic wafer is displayed at the Taiwan Semiconductor Manufacturing Company (TSMC) Museum

Investing $100 billion

Taiwan says TSMC investment 'historic moment' for US ties

Workers operate machinery at an open-pit titanium mine in central Ukraine

Ukraine titanium mine hopes US deal will bring funds

DeepSeek wowed industry insiders with its seeming ability to rival or even surpass the capabilities of Western competitors like ChatGPT for a fraction of the cost.

Worthy of attention

DeepSeek success shows China's 'ability to innovate': official

Beijing set an ambitious annual growth target of around five percent on Wednesday, vowing to make domestic demand its main economic driver as an escalating trade war with the United States hit exports

Flagging growth

China vows to fight US trade war 'to the end'

Seven & i operates some 85,000 convenience stores worldwide

7-Eleven owner seeks to fend off takeover with buyback, US IPO

The result was nevertheless better than a forecast of just over one billion euros by analysts

Looking to bounce back

Strikes hit Lufthansa profits, Olympics dent Air France

A person looks at AI artwork created by Pindar Van Arman's Emerging Faces at a preview for 'Augmented Intelligence' at Christie's on February 20, 2025 in New York City

Modest enthusiasm

Christie's first AI art auction sees hits... and plenty of misses

Defense stocks lifted European bourses on news that the likely next German chancellor, Friedrich Merz (L), shown here with Germany's Social Democratic Party (SPD) Chairman Lars Klingbeil, plans heavy investment in military programs

Amid looming trade war

Global stocks rally on German defense push, US pause on auto tariffs

Trucks queue near the Mexico-US border

Reorientation needed

Trump tariffs reverberate through Mexico's industrial belt

Strawberries from Mexico displayed for sale in Hawthorne, California are among the items affected by new US tariffs

Bracing for impact

Deluge of Trump tariffs seen hitting household budgets

The US Treasury Department was the target of a Chinese cyberattack in 2024

Digital espionage

Chinese hackers indicted in US for Treasury breach, other attacks

Cash may no longer be king in Switzerland but it may soon be constitutionally protected

Don't go full digital

Swiss lawmakers vote to enshrine cash in constitution

US Commerce Secretary Howard Lutnick expects an announcement on Canada, Mexico tariffs Wednesday afternoon

A day after taking effect

US official says possible Canada, Mexico tariff relief on 'categories'

The Panama Canal handles five percent of global maritime trade, and 40 percent of US container traffic

'New affront to the truth'

Panama president says Trump 'lying' about reclaiming canal

More than two-thirds of tequila produced last year was exported to the United States

Million dollar industry

Trump tariffs leave Mexican tequila producers with sour taste

One of US President Donald Trump's biggest allies is Elon Musk, whose social media platform X faces an EU probe

Strained relations

EU asked to say how much funding given to Musk firms

China's President Xi Jinping arrives for the opening session of the National People's Congress (NPC) on Wednesday

China eyes five percent growth despite US trade war

US President Donald Trump (L), with Taiwanese chip-maker TSMC's CEO C.C. Wei (R), speak to journalists at the White House

Chip-making giant

What TSMC's $100 bn investment in the US means for Taiwan

The People’s Liberation Army (PLA) band members in Beijing on Wednesday: China has the world's second-largest military budget, but lags well behind the United States, its primary strategic rival

Rapid modernisation

China to hike defence spending by 7.2% this year

A US judge said Elon Musk failed to provide enough evidence to prove an injunction is needed to stop OpenAI from continuing with its plan to transition from a nonprofit to a for-profit enterprise while a lawsuit on the matter heads for trial

Heading to trial

Musk fails in bid to block OpenAI becoming for-profit business

US President Donald Trump's tariffs on Canada, Mexico and China, and the retaliation they attracted, could dent US GDP growth notably if kept in place over a year

Optimism overshadowed

Trump tariff uncertainty overshadows growth promises: analysts

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