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.

The maker of Asahi Super Dry, one of Japan's most popular beers, said on September 29 that it was hit by a ransomware attack

Three months and counting

Beer giant Asahi not engaging with hackers after cyberattack

X was the target of the EU's first ever probe under stricter online content rules in December 2023

Breached online content law

EU could hit X with fine before 2025 ends

The G20 summit wrapped up in Johannesburg last week

Eroding global cooperation

South Africa slams Trump's G20 ban as punitive

Bengaluru had the world's third-slowest traffic in 2024, according to the TomTom Traffic Index -- far worse than San Francisco or London

High-flying tech hits potholes in India's Silicon Valley

The maker of Asahi Super Dry, one of Japan's most popular beers, said on September 29 that it was hit by a ransomware attack

'Continued inconvenience'

Japan beer giant Asahi delays earnings due to cyberattack

The British pound rose, along with London's FTSE 100, a sign markets broadly endorsed a budget proposed by Britain's Chancellor of the Exchequer Rachel Reeves

US stocks rise for 3rd straight day while British pound advances

First Lady Melania Trump looks on as US President Donald Trump pardons Gobble, one of the National Thanksgiving turkeys, during the White House turkey pardon ceremony in the Rose Garden of the White House in Washington, DC

From turkeys to vegetables

US farmers, firms flag higher costs even as Trump touts affordability

Labour has struggled to consistently grow the UK economy since returning to power in July 2024

UK tax-raising budget pleases markets despite growth downgrades

German insurance giant Allianz flag job cuts due to AI adoption

Insurance giant Allianz signals job cuts in AI shift

Billionaire Richard Branson and his wife, Joan Templeman, at a 2016 pre-Grammy gala

Entrepreneur's heartbreak

Richard Branson 'heartbroken' as his wife dies aged 80

French authorities early in November condemned Shein for featuring sex dolls resembling children and moved to suspend the platform

Risks temporary suspension

Shein under EU pressure over childlike sex dolls

NIS petrol stations are rejecting Visa and Mastercard payments

Amid US sanctions

Hungary boosts oil shipments to Serbia as energy crisis looms

France wants a three-month suspension of the platform

Beyond last-resort measures

EU lawmakers call to make it easier to suspend shopping platforms like Shein

What if AI valuations are too high, the ECB wonders

Possibility of an 'accident'

ECB warns on stretched AI valuations and sovereign debt risks

Germany's economy has been hit hard by an industrial slump and growing competition

Beleaguered top economy

IMF urges Germany to enact 'pro-growth' reforms

From December 10, Australia will force TikTok and other social media platforms such as Facebook and Instagram to ban under-16s

'Unfair' freedom of speech assault

Internet rights group challenges Australia under-16 social media ban

The nearly four-year conflict has become an information war

Telling a different story

As Ukraine battles for key city, pro-Russian accounts wage AI war

China will be among parties bidding to build two new ports on the Panama Canal

Despite US antagonism

China likely to bid on building new Panama Canal ports

Estimated $18 million

Pele's brand acquired by family business of Neymar Jr.

OpenAI has been an industry leader in the large language model space, but competition is tightening with a host of other companies in the fray

Bubble goes pop?

The AI boom hits a crossroads in 2026

An under-construction rare earths processing plant in eastern China, where the crucial minerals prove a strategic leverage

Decades-long drive

How China leveraged its rare earths dominance over the US

Investors are in bullish mood on rising expectations for a Federal Reserve interest rate cut

Optimism returns

US stocks extend rally on rate cut hopes

The EU is the leading source of foreign direct investment to Africa

EU, Africa pledge to boost trade, tackle migration at summit

US retail sales rose by 0.2 percent in September, cooling from August's 0.6 percent increase, delayed government data showed

New government data

US retail sales lose steam, consumer confidence falls as costs bite

Serbia is among the few European countries not to impose sanctions on Moscow over the war in Ukraine

'Complete halt' days away

Serbia's sole refinery faces shutdown after US sanctions

The EU allowed states splash out up to 1.5 percent of national output on defence for four years without fear of punishment

Escaping punishment

EU gives Germany free pass over defence spending

EU industry chief Stephane Sejourne has been preparing a plan to end the 27-nation bloc's dependence on China's rare earths

Markets rattled

EU says must 'step up' against China rare earths 'racket'

300 shops affected

Auchan to operate its supermarkets under Intermarché and Netto brands

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