Business & Tech

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Business & Tech

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

China's economy is battling sluggish domestic consumption, a persistent crisis in the property sector and soaring government debt -- all of which threaten Beijing's official growth target for this year

Sluggish domestic consumption

China's leaders vow more 'relaxed' monetary policy in 2025

The ECB is set to cut interest rates for a fourth time this year

Third straight reduction

ECB to cut rates again amid bleak eurozone outlook

The suspect sought in the shooting of UnitedHealthcare CEO Brian Thompson in New York

Long-standing grievances

Murder, memes and snark: A killing lays bare US health care frustrations

The moves, which Beijing said were to safeguard national security, swiftly followed Washington's own curbs to hobble China's ability to make advanced computer chips

US clean energy, defense to be impacted by China export curbs

The Christmas lights are already on all over Britain

UK retailers feed off public affection for festive ads

French President Emmanuel Macron said he will appoint a new prime minister after the fall of Michel Barnier and rejected calls to resign

Paris stocks rally as Macron fights on, jobs data boosts Wall Street

Elon Musk has become an ever-present sidekick for Donald Trump since his US election victory

Financial backing

Musk's millions for Trump make him biggest US political donor

The US government alleges TikTok allows Beijing to collect data and spy on users

TikTok closer to US ban after losing court appeal

London's Metropolitan Police force is using facial recognition technology

Ethical dilemma

London police make 500 arrests using facial recognition tech

Fed Governor Michelle Bowman said she still sees a 'greater risk' to price stability than to the jobs market

Following two rate cuts

US facing greater risk from inflation than labor market: Fed official

The United States added 227,000 jobs in November, according to Labor Department data

More jobs than expected

US hiring rebounds after slump on hurricanes, strike

EU Commission president Ursula von der Leyen will meet leaders of South America's Mercosur bloc to try to finalize a trade deal

EU chief meeting South American leaders to try to close trade deal

The wealth of billionaires now stands at $14 trillion

268 billionaires in 2024

Billionaires' wealth more than doubles in 10 years: UBS

World Bank President Ajay Banga has been pushing to raise the level of funding committed to IDA

Grants and loans

World Bank announces record $100 bn support for world's poorest countries

Bitcoin shattered the historic level after incoming US president Donald Trump picked crypto proponent Paul Atkins to take over as chair of the Securities and Exchange Commission

Economic unrest

Bitcoin breaks $100,000, outshining wavering stock markets

Boeing's diversity policies came under fire from the US judge

Racial considerations

US judge rejects Boeing 737 MAX accord over diversity policies

The European Commission has asked TikTok to detail how it analyses and mitigates the risk of information being manipulated

Possible Russian interference

EU steps up monitoring of TikTok ahead of Romania vote

The latest security camera footage released of the suspect in the brazen New York shooting shows him smiling

Murder of Brian Thompson

New York police hunt brazen Manhattan gunman

With 27 million combined customers, Vodafone's merger with Three will vault the new group above the UK's two largest mobile operators BT EE and Virgin Media O2

Creating biggest operator

British regulator approves Vodafone UK, Three merger

OPEC+ nations are currently holding back six million barrels of oil a day in efforts to prop up prices

Disgruntled countries

OPEC+ extends oil supply cuts through March

Britain's 5G mobile connectivity lags behind other G7 countries.

Massive investment ahead

Why does UK lag on 5G mobile connectivity?

The US trade gap narrowed 11.9 percent in October, government data showed

Gap shortened by nearly 12 percent

US trade deficit narrows in October as imports fall: govt

EU Commission president Ursula von der Leyen is in Montevideo

EU chief lands in South America to try close contentious trade deal

The 48-year-old billionaire manages the Agnelli estate.

48-year-old billionaire

John Elkann: Italian dynasty heir at the helm of Stellantis

Shell and Equinor say they are creating 'the UK North Sea's biggest independent producer' of oil and gas

Biggest North Sea producer

Shell, Norway's Equinor to form joint UK oil and gas firm

Temu has sucked in consumers across the world with its low prices and all-powerful algorithms

Not registered with authorities

Shopping app Temu suspended in Vietnam: state media

Bitcoin broke $100,000 for the first time ever on Thursday

Bitcoin hits $100,000 for first time

Palmer Luckey, a co-founder of Oculus VR, went on to co-found defense technology firm Anduril Industries after Facebook bought Oculus for $2 billion in 2014

'National security missions'

OpenAI to partner with military defense tech company

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