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.

Donald Trump and Xi Jinping are due to meet on the sidelines of the APEC summit in South Korea next week

Optimism for cooling of trade tensions

Stocks rise on US inflation data, US-China trade hopes

Gasoline prices jumped in September, according to Labor Department data

Published nine days late

US September consumer inflation rose less than expected, delayed data shows

The court says Sidenor sold the metal without requesting the government's permission or registering the transaction

Top criminal court

Spain probes steelmaker for alleged trading with Israeli arms firm

Russians have grappled with inflation that stood at over eight percent in October, double the central bank's target

Sagging economy

Russia cuts key interest rate, warns of tepid growth

Top officials vowed to develop China's high-tech sector on a massive scale in the next decade

China vows massive high-tech sector development in next decade

Prime Minister Sebastien Lecornu has said he would pass a budget by the end of the year

Political pandemonium

French government faces threat of censure over wealth tax

The European Commission said Meta's Facebook and Instagram platforms and TikTok breached the Digital Services Act

Content moderation

EU accuses Meta, TikTok of breaking digital content rules

Prime Minister Sanae Takaichi is enjoying high poll ratings so far

Cost-of-living squeeze a priority for Takaichi

New Japan PM vows to take US ties to 'new heights' with Trump

At least 229 flights were canceled due to Alaska Airlines's tech outage

Three months after similar incident

Alaska Airlines resumes flights after IT outage

Chinese Vice Premiere He Lifeng (L) and US Treasury Secretary Scott Bessent and at their last meeting, in Madrid on September 14

Trying to avoid further escalation

China, US 'can find ways to resolve concerns' as negotiators set to meet

US President Donald Trump visits Asia starting Sunday with multiple outstanding trade issues

Trump's Asia tour set to spotlight trade challenges

The Ivorian brothers dream of transforming the cocoa industry

Ivory Coast world's leading cocoa producer

Ivorian brothers dream of transforming cocoa industry

Trump has pardoned Binance co-founder Changpeng Zhao, seen in Lisbon in 2022

Cryptocurrency exchange

Trump pardons Binance co-founder Changpeng Zhao

Anthropic says it will expand use of Google Cloud computing, which says it is constantly ramping up performance of the internet giant's custom-designed Tensor Processing Units that power artificial intelligence in data centers

Worth tens of billions of dollars

Anthropic announces massive AI chip deal with Google

Oil prices spiked for a second day in a row after Trump hit Russian giants with sanctions

By more than 2%

Oil prices surge as Trump hits Russian crude with sanctions

The Competition Appeal Tribunal found that Apple shut out competition in the app distribution market and charged app developers 'excessive and unfair' commissions

Second setback in two days

UK court rules Apple abused App Store dominance

Disneyland Paris had been slated to open a pop-up store in BHV Marais and stage

Another setback

Disney drops out in latest exodus from Paris store hosting Shein

Russia's Lukoil oil giant now faces a major challenge from US sanctions ordered by President Donald Trump as the Ukraine war drags on

Scope and possible impact

US and EU sanctions on Russian oil and gas: what do we know?

The Competition Appeal Tribunal found that Apple shut out competition in the app distribution market and charged app developers 'excessive and unfair' commissions

'Excessive and unfair'

UK court rules Apple abused App Store dominance

American Airlines reported improving travel demand throughout the summer as macroeconomic concerns tied to trade uncertainty have ebbed

Preference among wealthier customers

American Airlines reports smaller loss, sees travel demand improving

Dutch shoppers feel the pinch

Travelling long distances

Stung by high costs, Dutch board 'shopbus' to cheaper Germany

ChatGPT was touted as 'the heart' of OpenAI's new Atlas browser, as tech firms seek to challenge Google Chrome's supremacy

Following release of 'Atlas'

Online search a battleground for AI titans

An Amazon delivery driver wears smart glasses displaying real-time navigation and delivery instructions directly in his field of vision, during Amazon's

The future is now

Amazon uses AI to make robots better warehouse workers

ICE -- the Immigration and Customs Enforcement Agency -- has been tasked with deporting an unprecedented number of unauthorized migrants

Tens of millions of dollars

Flush with cash, US immigration agency expands weaponry and surveillance

Facebook owner Meta is cutting 600 jobs in artificial intelligence

Despite superintelligence push

Meta to cut 600 jobs in artificial intelligence: reports

Tesla profits fell due to higher costs despite a boost to revenues from increased auto sales

Electric car company

Tesla profits tumble on higher costs, tariff drag

Shares of Netflix sank more than 10 percent following its earnings release, raising worries about other results from tech giants

Global stocks mostly fall on lackluster results from Netflix, others

Volkswagen has warned it could be affected by the fallout from a row over chipmaker Nexperia

Geopolitical tensions

Car giant VW warns of production hit from Nexperia chips row

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