Business & Tech

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Business & Tech

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

Taiwan Semiconductor Manufacturing Company (TSMC) has been a massive beneficiary of the frenzy in AI investment

Huge demand for microchips

AI boom delivers record net profit for Taiwan's TSMC

US Treasury Secretary Scott Bessent and trade envoy Jamieson Greer slam China's rare earth export controls and urge cooperation with allies

Amid tariff war

US Treasury chief: Beijing's rare earths move is 'China vs world'

US Treasury Secretary Scott Bessent said he had spent weeks working on a new private sector 'facility' to support Argentina's economy

Argentine markets cheer new US aid, but Trump threat sparks anger

United Airlines foresees growth in demand and expects a strong fourth quarter

Optimism for fourth quarter

United sees demand 'strengthening' as profits edge lower

Syrian Finance Minister Mohammed Yisr Barnieh said the country needs technical support, not financial assistance, from international organizations like the International Monetary Fund and the World Bank

Massive rebuild

Syria won't wait for global community to reform economy: Finance Minister

After volatile days

Stocks rise on US rate cut hopes, strong company earnings

TED is globally known for its trademark 'talks' sharing big ideas for a better world

Conference series

Exiting TED leader clings to tech optimism

The European Union's economy commissioner Valdis Dombrovskis says G7 finance leaders have agreed to work in a coordinated way on tapping Russian assets to support Ukraine

Convening in Washington

EU economy chief urges G7 to join plan tapping Russia assets for Ukraine

Automaker Stellantis is shifting production of the Jeep Compass from a plant in Brampton, Ontario, to the Midwestern US state of Illinois

Canada fears for auto jobs after Stellantis announces US investment

Unions have staged two general strikes against the 13-hour workday reform in Greece this month

Conservative government

Greece weighs disputed 13-hour workday reform

Era Dabla-Norris, the deputy director of the IMF Fiscal Affairs Department, seen in April 2025, called on European leaders to do more with public spending to boost economic growth

Catch up with the US

'Absolutely critical' to boost growth in Europe: IMF official

'Pokemon Legends: Z-A' will be available on Nintendo's Switch 1 and 2 consoles

Pokemon brushes up decades-old formula with 'Legends: Z-A'

SFR's parent company Altice is still burdened with billions in debt

Huge telecom takeover bid raising alarms in France is rejected

'Fake news divides. Truth unites' -- I. Coast seeks to counter disinformation from Sahel's junta-led states

Ahead of presidential elections

Sahel juntas in online bid to disrupt Ivory Coast poll

ASML, which makes cutting-edge machines that manufacture semiconductors, saw net sales come in as forecast

Geopolitical and trade tensions

Dutch tech giant ASML: China sales to dip 'signficantly' in 2026

Chinese leaders are struggling to kickstart consumer activity in the world's number two economy

China consumer spending falls as pressure on economy builds

US stocks picked up ground after comments from Federal Reserve Chair Jerome Powell boosted confidence in an interest rate cut later this month

Tempered US rhetoric

Mixed day for global stocks amid trade angst, Powell comments

US President Donald Trump calls the halt in Chinese purchases of American soybeans an 'economically hostile act'

After new controls in rare earths field

Trump threatens to end cooking oil purchases from China

Large US banks continue to report consumer resilience, but experts believe more problems could surface with corporate loans

Despite economic fears

Strong dealmaking boosts profits at US banking giants

SFR's parent company Altice had to restructure its 24 billion euro debt load with creditors earlier this year

Debt-laden rival

French telecoms join forces to break up embattled SFR

Scam centers across Cambodia, Myanmar and the region use fake job ads to attract foreign nationals to purpose-built compounds, where they are forced to carry out online fraud under threat of torture

Accused of forced labour camps

US indicts Cambodian tycoon over $15bn crypto scam empire

US Federal Reserve chair Jerome Powell, seen in September, said the bank could soon halt its balance sheet runoff

Economic growth holding up well

US Fed chair flags concern about sharp slowdown in job creation

Semiconductors are an increasing source of global geopolitical tension

After Dutch authorities seized control

Chipmaker Nexperia says banned from exporting from China

International Monetary Fund chief economist Pierre-Olivier Gourinchas said the impact of the US trade shock had remained modest

Warns of risks ahead

IMF lifts 2025 global growth forecast, warns of ongoing trade 'uncertainty'

The International Monetary Fund has called on Europe to deepen the integration of its single market to boost growth

Lackluster growth

Europe's economic integration 'insufficient': IMF chief economist

Austrian property tycoon Rene Benko went on trial over alleged fraud charges as part of a wide-ranging investigation into the insolvency of his former real estate empire

Pleaded not guilty

Fallen Austrian property tycoon Benko goes on trial over fraud charges

The United States launched a probe into China's shipping industry

Accused of supporting US investigation

China sanctions five US units of South Korean ship giant Hanwha

Members of the Swedish Academy of Sciences announce the Nobel economics prize winners, including Peter Howitt (R)

Amid growing concerns

Nobel economist warns of AI dangers

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