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.

UniCredit confirmed its target of a net profit of 10.5 billion euros this year

UniCredit beats expectations with rise in profits

Hermes has outperformed its rivals as the luxury sector has faced a tough patch

French luxury group

Hermes defies US tariffs as sales grow

Heineken beer sales are dwindling

'Mixed performance': Heineken beer sales down

ChatGPT was touted as 'the heart' of OpenAI's new Atlas browser, which will be only available at first on computers powered by Apple's operating system

OpenAI unveils search browser in challenge to Google

Inflation, which Milei has slashed by two-thirds in two years in office, has been growing again for three consecutive months

Scrambling to buy dollars

Argentina's central bank intervenes to halt run on peso

JPMorgan Chase's new global headquarters at 270 Park Avenue in New York City cost about $3 billion to build

60-stories high

New JPMorgan skyscraper underlines Manhattan office comeback

General Motors is ending production of electric vehicles at one of its plants in Canada

Further blow to auto sector

GM cuts EV production in Canada, cites Trump backpedal

'KPop Demon Hunters' became the biggest-ever movie hit on Netflix, in a quarter that saw the streaming giant miss profit expectations due to a tax dispute

Streaming giants

Netflix shares sink as quarterly profit misses mark

Gold suffered its biggest one-day loss since the start of the Covid pandemic, only a day after setting a record high

Back in a buying mood

Stocks rise on China-US hopes, gold and silver slump

Adidas posted record quarterly revenues in the July through September period

Record third-quarter sales

Adidas hikes profit forecast as contains US tariff impact

Brazilian President Luiz Inacio Lula da Silva christens the Embraer E2-190 aircraft in April 2024

Aircraft manufacturer

Dodging Trump's tariffs, Brazil's Embraer lands record orders

General Motors CEO Mary Barra has shifted investment away from electric vehicles in response to the policies under President Donald Trump

Adjusting strategy

GM shares soar on better tariff outlook and EV backpedal

Danish pharmaceutical company Novo Nordisk is the maker of anti-diabetes treatment Ozempic and weight-loss drug Wegovy

Facing rising competition

Ozempic-maker Novo Nordisk to shake up board

Swiss watch exports to America have halved in the wake of steep US tariffs imposed by President Donald Trump

Watchmakers especially affected

US tariffs take big bite out of Swiss exports

A fan wearing a Diego Maradona hat and shirt in Boca Juniors colours at the club's La Bombonera stadium in Buenos Aires on October 9, 2025

Argentinian football legend

Maradona's heirs sign deal with Swedish company to market brand

Bubaraye Dakolo is suing Shell in a bid to force the oil giant to clean up and restore his kingdom's environmental health

Nigerian monarch takes on oil giant in search of environmental justice

France prides itself on being the third country in the world in terms of the number of expert AI researchers it has

Paris, not Silicon Valley

France and Europe: fertile AI training ground?

Of the millions of Football Manager gamers, currently 96 percent are men

First of its kind

'Enhancing the game': Football Manager includes women's clubs

A pledge by China and the United States to resume trade talks boosted sentiment

After conciliatory comments by Trump

Stock markets climb as China-US trade fears ease

Argentina's President Javier Milei gestures as he addresses supporters, during a campaign rally at Tres de Febrero, Buenos Aires province, on October 17, 2025.

Pre-election boost

Crisis-hit Argentina inks $20 bn rescue with US

Inside the cloud: data centres like this power the global internet

Global reliance issues

Servers, software and data: how the cloud powers the web

Trading gets underway in German warship maker TKMS in Frankfurt

Share prices jump

Thyssenkrupp spins off warship unit to tap defence boom

The lawsuit comes after European authorities determined Google favoured its own comparison shopping service in search results

For promoting own shopping comparisons

Trial opens in Klarna's $8.3-bn lawsuit against Google

BNP Paribas says it will appeal the US verdict against it

By more than 7%

Shares in French bank BNP Paribas plummet after US verdict

A cargo plane veered off the runway in Hong Kong, killing two people

Investigations ongoing

Cargo plane skids off Hong Kong runway, kills 2

Engineers at Amazon's web services subsidiary were said to be working to restore operations

Widespread disruption

Amazon's cloud services hit by global outage

China's economy has been supported by exports, which have offset weak consumer spending

China posts lacklustre Q3 economic data as key Beijing conclave starts

Kering -- owner of Gucci -- is trying to trim its $11-billion debt

French luxury group

Kering shares jump on sale of beauty division to L'Oreal

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