Business & Tech

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Business & Tech

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

Passengers wait to board their Pakistan International Airlines (PIA) flight to Paris after EU authorities lifted a four-year ban on the flag carrier

Normality resumed

Pakistan flight departs for Paris after EU ban lifted

Motorbunny at CES in Las Vegas demonstrates a way to make both video game fanatics and their romantic partners happy - linking on-screen action to the intensity of sex toys

Tech on full display

Video game play gets frisky at CES gadget gala

Mia Qu of Gigabyte Technology gestures to a gaming laptop enhanced with a superfast Nvidia chip as AI capabilities head for personal computers during the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 9, 2025

AI comes down from the cloud as chips get smarter

Oshkosh's all-electric garbage and recycling vehicle is outfitted with AI that can identify load hazards and tell if recycling bins have been contaminated with other refuse

At CES, AI-powered garbage trucks reduce battery fire risk

Airbus delivered its first A321XLR extra long range aircraft last year

Aircraft production struggles

Airbus boosts plane deliveries in 2024

US Federal Reserve Governor Michelle Bowman, seen in October, 2019, said the Fed should be 'cautious' when considering further rate cuts

Steady approach

US Fed's December rate cut should be its last for now: official

Chinese Foreign Minister Wang Yi held talks with Nigerian counterpart Yusuf Tuggar

Following tour of the continent

Chinese foreign minister pledges military aid for Africa

Trump has reportedly considered declaring a national economic emergency

Ahead of presidential change

Global stock markets mixed tracking US rates outlook

Lamborghini is moving towards making only hybrid vehicles, taking its time before coming out with fully electric vehicles

Lamborghini sets new sales record amidst hybrid push

Italian Prime Minister Giorgia Meloni has told local media she has 'excellent relations' with Elon Musk

Unfounded rumours?

Italy's Meloni denies discussing SpaceX deal with Musk

China and the EU are major trade partners but are locked in a wide-ranging standoff, notably over Beijing's support for its renewables and electric-vehicle sectors

Long-running tensions

Beijing says EU imposed unfair trade barriers on Chinese firms

Hundreds of BYD electric vehicles lined up for export in Yantai, eastern China

China's electric and hybrid vehicle sales jump 40.7% in 2024

Waymo Co-Chief Executive Officer Tekedra Mawakana said she welcomed competition in the growing autonomous driving space

Amid global competition

Waymo exec hopeful Trump will boost autonomous driving

Meta has said it will end fact-checking operations on its Facebook and Instagram platforms

Risks to democracy, mental health

Australia frets over Meta halt to US fact-checking

Attendees walk past a row of Chinese businesses at the annual Las Vegas tech show CES in January, 2024

Sleeper tariffs expected

Trade war worries loom over Las Vegas tech show

Meta co-founder, Chairman and CEO Mark Zuckerberg testifies on Capitol Hill in 2018

Restoring 'free expression'

Political chess or true beliefs? Zuckerberg's surprise Trump pivot

Bangladesh's clothing manufacturing industry was crippled by a revolution that toppled the government last year

Bangladesh garment industry rebounds, but workers say little change

A bartender prepares a cocktail with the new Havana Club Cuban Spiced rum at Havana's rum museum in 2022

Contested distilleries

New twist in US-Cuba trademark fight over Havana Club rum

Meta says it is lifting speech restrictions regarding gender and sexual identity on its platforms

From immigration to gender identity

Campaigners fear spike in hate speech as Meta lifts restrictions

US President-elect Donald Trump is reportedly considering a national emergency declaration to allow for new tariff program

Ongoing concerns

US tariff and inflation fears rattle global markets

US Federal Reserve chair Jerome Powell told reporters in December that the Fed is drawing 'significantly closer' to the end of its current easing cycle

Increased risks

US Fed officials concerned over 'stalled' disinflation, tariffs: minutes

Meta has announced it will end its third-party fact-checking program and adopt

No more fact-checking

Meta's 'Musk playbook' fans misinformation concerns

Even as Trump ally Elon Musk goaded European leaders, the European Commission -- the EU's digital watchdog -- has tried to stay out of the fray

Complaining about censorship

US tech titans ramp up pressure on EU

The biggest-selling UK album was Taylor Swift's 'The Tortured Poets Department'

Massive streaming numbers

UK music sales hit record year, helped by Swift: industry

Prime Minister Pedro Sanchez has announced around 100 events this year to mark the half-century since Spain initiated its democratic transition following Francisco Franco's death in 1975

A challenge for democracy

Spanish PM says Musk 'stirs up hatred', warns against fascism

US private sector hiring cooled in December, with most job gains concentrated in large companies, according to payroll firm ADP

US private sector hiring undershoots expectations: ADP

Fed governor Christopher Waller, seen in 2020, told the OECD in Paris that he still believes cuts will likely be 'appropriate' in 2025

Overblown concerns?

US tariffs unlikely to have 'significant' inflation impact: Fed official

Even as Trump ally Elon Musk goaded European leaders, the European Commission -- the EU's digital watchdog -- has tried to stay out of the fray

Digital watchdogs under fire

Can EU stand up to belligerent Big Tech in new Trump era?

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