Business & Tech

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RTL Lëtzebuerg

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Business & Tech

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

Consumer prices picked up to 2.4 percent in December, in line with forecasts by analysts

Eurozone inflation rises, likely forcing slower ECB rate cuts

Microsoft CEO Satya Nadella says the US tech giant plans to invest $3 billion in India on AI and cloud infrastructure over the next two years

'A leader in innovation'

Microsoft announces $3 bn AI investment in India

South Sudan's Minister of Petroleum Puot Kang Chol says 'resources will be back to the table'

Following a year of absence

South Sudan says will resume oil production from Jan 8

Nvidia CEO Jensen Huang unveiling a new line of GPUs designed to pack artificial intelligence into personal computers

Nvidia ramps up AI tech for games, robots and autos

US Secretary of State Antony Blinken shakes hands with Japanese Prime Minister Shigeru Ishiba alongside US Ambassador to Japan Rahm Emanuel at Ishiba's official residence in Tokyo

Blinken says US-Japan ties solid despite rift over steel deal

McDonald's is the latest US organization to rethink its diversity practices following a Supreme Court ruling that reversed affirmitive action in university admissions

Shifting to internal focus

McDonald's rolls back some of its diversity practices

At CES, musician and CEO of FYI. AI will.i.am launches a line of 'xboom' wireless speakers enhanced with artificial intelligence

Let robots do the work

Homes talk and tables walk at AI dominated CES

US Steel and Nippon filed a lawsuit over Biden's decision to block a merger on national security grounds

Urge to dispel concerns

US Steel and Nippon Steel sue over Biden's decision to block merger

CEO of Ultimate Fighting Championship Dana White (C) is a close ally of US President-elect Donald Trump, even speaking at his election night victory rally

Gesture towards Trump team

Meta Names UFC boss Dana White, a Trump ally, to board

The dollar was trading mostly lower against major rival currencies

First full week of 2025

US, European markets mostly rise as Trump tariff plans in question

Michael Barr, seen in November 15, 2023, has announced that he will step down from his supervisory role

To avoid confrontation

US Fed's top banking regulator says he will step down early

Just 380,609 EVs were registered in 2024 in Europe's largest auto market, 27.4 percent fewer than in the previous year

Slow switch to battery-powered cars

'Lost year': Germany electric car sales go into reverse

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

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