Business & Tech

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Business & Tech

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

Before it is too late

Cameroon leader urges 'urgent action' on central African economy

Eight hours between Paris and Berlin, no need to change

Paris-Berlin direct daytime highspeed rail link launched

The UK government will retain a 'golden share' in Royal Mail, to prevent its headquarters moving overseas or changes to its tax residency

UK approves Royal Mail takeover by Czech billionaire

French media tycoon Vincent Bollore is close to far-right French politicians

Vincent Bollore

Spinoffs of French tycoon's media empire make market debut

European Central Bank President Christine Lagarde said eurozone growth 'is likely to take a hit' if the United States goes into protectionism mode

Close to target

Lagarde says ECB will continue to cut interest rates

The arrival of AI has received a lukewarm welcome from teachers and parents

Schools targeted with AI learning apps despite experts' doubts

The Old Ivy House pub in London has introduced Guinness ration cards amid a UK shortage of the beer

'Guinnfluencers'

Black day? Guinness runs dry in UK pubs amid online craze

Chinese companies have been consolidating their position in the lesser-watched trucking scene

World-leading industry

Chinese firms take on EV truck challenges

Changing mindset

Rare foreign-born CEO says Japan needs immigration to thrive

Fed Chair Jerome Powell has said he does not plan to step down before his current term ends in 2026

US Fed expected to cut rates in last meeting of Biden era

A young man holds a Syrian independence flag in a shopping mall near Sarmada, in the northern province of Idlib

A whole new world

Shopping spree in Syria's former rebel heartland

Investors will be listening for hints about future rate hikes after the Fed's meeting next week

Global stocks pressured ahead of Fed decision

Prosecutors said the settlements marks the first time a management consulting firm has been held criminally responsible for advice resulting in commission of a crime by a client

Public health crisis

McKinsey to pay $650 mn to settle US criminal case on opioids

Delegates look at the Global Combat Air Programme (GCAP) 6th generation fighter jet concept design at the Farnborough International Airshow 2024

UK, Italy, Japan to develop next-generation fighter jet

Harrods' staff will strike on some of the busiest retail days of the year

Days before Christmas

Staff at UK luxury store Harrods vote to strike

Moldova faces blackouts as Russian gas supplies may be cut

60-day precaution

Moldova declares emergency ahead of expected Russia gas cuts

The German car industry -- a key sector of the economy -- is also in turmoil as VW plans to shutter factories at home for the first time

Sharply downgraded

German central bank cuts growth forecasts as headwinds intensify

UK's Royal Mail has been fined over delivery delays

More controversy

UK's Royal Mail hit with fine by regulator over delivery delays

Blow to Labour party

UK economy unexpectedly shrinks again in October

The Virgin Galactic SpaceShipTwo space plane Unity and mothership flies above Spaceport America, near Truth and Consequences, New Mexico on July 11, 2021

Virgin Galactic eyes possible expansion into Italy

The European Central Bank cut its interest rates for a third straight time as widely expected

Rate cuts fail to spur European stocks

Google says that its Gemini artificial intelligence is being infused in an Android XR operating system that will put digital assistant capabilities into smart eyewear

With new Gemini 2.0

Google renews push into mixed reality headgear

European Central Bank President Christine Lagarde said the beleaguered eurozone was 'losing momentum'

Fourth time this year

ECB cuts rates again, Lagarde says eurozone 'losing momentum'

The SNB rate cut sent the Swiss franc falling 0.3 percent against the dollar and the euro

Unexpectedly large

Swiss central bank announces big rate cut to boost economy

Korean Air said it paid $1 billion for the stake in rival Asiana

Korean Air buys majority stake in rival Asiana Airlines

A new Australian scheme would slap a tax on Google and other major tech platforms that will be earmarked to pay for news

Public interest journalism

Australia to force tech titans to pay for news

View of Uyuni, the world's largest salt flat, in southern Bolivia, on November 9, 2016

Rechargeable batteries

Lithium-rich Bolivia lags behind in race to mine key metal

The US inflation rate ticked higher in November but was in line with expectations

Uncertainty persists

Nasdaq surges above 20,000 after US inflation data matches estimates

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