Business & Tech

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Business & Tech

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

Kenya Airways has been labouring under a mountain of debt despite numerous bailouts

Nairobi stock exchange

Kenya Airways shares trade again after four-year hiatus

US House Speaker Mike Johnson says he hopes for speedy passage of a massive bill full of Donald Trump's priorities

In first 100 days

Top US Republican eyes swift passage of Trump priority mega-bill

Mourners hold a vigil on Bourbon Street for the 14 victims killed in a January 1, 2025 truck-ramming attack in New Orleans, Louisiana

'Reconnaissance missions'

New Orleans attacker had recorded street using Meta glasses: FBI

Consumer Electronics Show

At Las Vegas show, tech world turns to mental health tools

Snow and black ice forced the cancellation Sunday of dozens of flights at Frankfurt airport, Germany's largest

Disrupting travel

Snow, ice snarls post-holiday travel in Europe

Major US media and tech moguls have shown signs of seeking to avoid conflict with President-elect Donald Trump

Cartoonist quits Washington Post over rejected sketch mocking owner, Trump

The Damascus International Airport terminal

Back to normality

Syria says international flights to and from Damascus to resume Tuesday

Just less than one in five new cars sold in Britain last year was an EV, a record market share but less than the government's 22 percent target

19.6 percent of new cars sold

EV sales hit record in UK but still behind target

US President Joe Biden has decided to block the proposed $14.9 billion purchase of US Steel by Japan's Nippon Steel

Need for action

Biden blocks US Steel sale to Japan's Nippon Steel

CES is considered the world's largest annual consumer technology trade show, taking place each January in Las Vegas with thousands of exhibitors showing off their latest products

AI expected to star at CES gadget extravaganza

The yuan hit the lowest dollar level since late 2023

Wall Street stocks bounce higher, Europe retreats

Microsoft president Brad Smith says the United States is in a race with China to spread its artificial intelligence technology to other countries, making it a de facto standard for use around the world

Microsoft expects to spend $80 bn on AI this fiscal year

Rescue personnel work near the wreckage of a Jeju Air plane after it crashed at South Korea's Muan International Airport, killing 179 people on board

Operation ongoing

South Korea begins lifting Jeju Air wreckage after fatal crash

Prices for food oils rose in 2024

Still higher than pre-Covid

World food prices dip 2% in 2024: FAO

Beijing says it will respond accordingly if the US places restrictions on Chinese drone exports

Take 'all necessary measures'

Beijing slams US over potential Chinese drone ban

US President Joe Biden has decided to block the proposed $14.9 billion purchase of US Steel by Japan's Nippon Steel and will reportedly announce the move as soon as Friday

Damage relations

Biden to block US-Japan steel deal: US media

Chinese authorities have been clear they want to reorientate the economy around areas of high-tech innovation, for example in the green energy sector

Economic planning

China says 'determined' to open up to world in 2025

Rescue personnel work near the wreckage of a Jeju Air plane after it crashed at South Korea's Muan International Airport this week, killing 179 people on board

South Korea to lift Jeju Air plane tail after fatal crash

President-elect Donald Trump is is not expected to champion regulation aimed preventing internet service providers from abusing their power over users

Internet service providers

US court blocks Biden-era net neutrality rules

Not so private conversations

Apple agrees to $95 mn deal to settle Siri eavesdropping suit

South Korean cryptocurrency entrepreneur Do Hyeong Kwon at a court appearance in Podgorica, Montenegro, in March 2024

Extradited SKorean crypto 'genius' in court to face US charges

Nick Clegg says its the right time for him to hand his job as Meta President of Global Affairs to Joel Kaplan

Former UK deputy prime minister

Nick Clegg leaves Meta global policy team

The Cybertruck arrived in a more significant way in 2024, but a sluggish ramp-up was one of the factors in teh drop in annual sales

Stiff competition

Tesla reports lower 2024 auto deliveries, missing forecast

Washington is mulling new rules to tackle risks from drones containing Chinese or Russian technology

Potential security risks

US mulls new restrictions on Chinese drones

BYD electric cars waiting to be loaded onto a ship for export at the international container terminal of Taicang Port in Suzhouin February 2024

Growing overseas presence

Sales surge in 2024 for Chinese EV giant BYD

Wall Street has gotten off to a slow start in 2024, with Asia following suit

Following holiday blues

Asia stocks begin year on cautious note

Russia's Gazprom has supplied gas to Europe via pipelines crossing Ukraine for decades

Decades-long arrangement

Moscow, Kyiv end Russian gas transit to Europe via Ukraine

Supporters of impeached South Korea President Yoon Suk Yeol hold up anti-impeachment placards

Right-wing YouTubers back South Korea president's last stand

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