Business & Tech

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Business & Tech

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

Bolivia's former president (2001-2002) and presidential candidate Jorge 'Tuto' Quiroga is bidding to become the country's first right-wing leader in 20 years

'Let's stop them'

Bolivia candidate vows to scrap China, Russia lithium deals

Maurice Tempelsman, longtime friend and companion of former US first lady Jacqueline Kennedy Onassis, has died at age 95.

Diamond czar Maurice Tempelsman, Jackie O companion, dead at 95

For investors, Fed chief Jerome Powell all but confirmed a rate cut in September

Times appear to be shifting

Stocks edge downwards after rallying on US rate hopes

The xAI lawsuit comes as Elon Musk publicly feuds with OpenAI CEO Sam Altman

Sweeping lawsuit

Musk's xAI sues Apple, OpenAI alleging antitrust violations

Once China's biggest real estate firm, Evergrande was worth more than $50 billion at its peak but defaulted in 2021 after struggling to repay creditors

Heavily indebted

China Evergrande Group delisted from Hong Kong stock exchange

Australian livestreaming platform Kick faces intense scrutiny

France's regulator says unable to block dead streamer's channel

Indian Prime Minister Narendra Modi (R) is slashing consumption taxes as his economy braces for painful US tariffs levied by President Donald Trump

India's Modi dangles tax cuts as US tariffs loom

Sparked a firestorm

Rebrand of US culture 'fixture' Cracker Barrel sparks backlash

Investors had been eagerly awaiting Powell's speech

Wall Street rallies, dollar drops as Fed chief fuels rate cut hopes

US chipmaker Intel has agreed to give the United States a 10-percent equity stake in the firm

To receive 433.3 million shares

Trump, Intel announce deal giving US a 10% stake in chipmaker

US Federal Reserve chief Jerome Powell has come under attack from Trump, who has called him a

Central banking conference

US Fed chair opens door to rate cut as Trump steps up pressure

Canadian Prime Minister Mark Carney at a press conference in Ottawa

North American agreement

Canada removing tariffs on US goods compliant with free trade deal

DHL, which owns the Deutsche Post service, said it would suspend its standard category of US package delivery

Temporary suspension

German, French post offices restrict packages to US over tariffs

Could Trump's tariffs mean the party's over for Bordeaux wines?

Embattled Bordeaux winemakers see Trump's tariffs as latest blow

There is a global trend of social media companies reducing their use of human fact-checkers and turning to AI instead.

Hundreds of jobs at risk

TikTok's UK content moderation jobs at risk in AI shift

Michael Warner, co-founder of wine boutique DCanter, said importers and distributors have raised costs of foreign wines since June

Sour aftertaste

US wine sellers left in limbo despite EU tariff deal

Fixing the eurozone's traditional export powerhouse has been a priority for Chancellor Friedrich Merz

Pressure on Merz as Trump tariffs hit German economy

Australia has ordered the local arm of crypto trading giant Binance to appoint an external auditor after identifying concerns with its money laundering and terrorism financing controls

'Serious concerns'

Australia orders audit of crypto trading giant Binance

A Japanese city will urge all smartphone users to limit screen time to two hours a day outside work or school under a draft ordinance that includes no penalties

Japan city proposes two-hour daily smartphone limit

Shipping Nvidia's H20 chips to China was

Nvidia chief says H20 chip shipments to China not a security concern

Bags of rice are seen at the entrance of a shop in Tokyo. Rice prices soared 90.7 percent in July year-on-year, but the rate of increase slowed from previous months

Due to hot summers

Rice prices up 91 pct year-on-year in Japan

Meta CEO Mark Zuckerberg believes that computer 'superintelligence' is on the horizon and is investing heavily

Meta makes huge cloud computing deal with Google: source

US Fed chief Jerome Powell will speak Friday at a central bankers conference in the US state of Wyoming

Uncertainty continues

Stocks waver ahead of Fed speech but EU tariff deal lifts Europe

US retailer Walmart reported revenues in the second quarter that beat estimates

Consumer patterns

Walmart expects better sales, earnings as shoppers squeezed by tariffs

Google is providing cutting-edge artificial intelligence tools to the US government as CEO Sundar Pichai makes a priority of promoting the internet giant's technology over that of rivals

After OpenAI offer

Google to provide Gemini AI tools to US government

Less strigent: Australian livestreaming platform Kick

Autopsy rules out 'trauma' in Frenchman livestream death

Ukraine routinely targets Russian refineries and oil depots

Near-record highs

Russian fuel prices surge after Ukraine hits refineries

The term 'extremist' has a very broad definition and in Russia can refer to terrorist groups and political opponents

Totalitarian measures

Online behaviour under scrutiny as Russia hunts 'extremists'

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