Business & Tech

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Business & Tech

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

Filipino President Ferdinand Marcos Jr. speaks alongside US President Donald Trump during a meeting in the Oval Office

One percentage point

Trump agrees to small reduction in Philippine tariffs

Junior perfumers Attiya Setai, Shangyun Lyu and Alicia de Benito Cassado hold smell strips used to evaluate fragrances

Olfactory artists

Who makes laundry smell nice? Meet the professional 'noses'

Google parent Alphabet, along with Tesla, will kick off earnings of the so-called 'Magnificent Seven,' a group of influential equities

Nasdaq edges down from records ahead of big tech earnings

Mike Lynch, the British tech tycoon involved in the case, died last year when his superyacht sank off Sicily

US technology giant

UK court awards £700 mn to HP in late tycoon's fraud case

US Treasury Secretary Scott Bessent says he sees no reason for Federal Reserve Chair Jerome Powell to step down right now

Facing growing pressure

US Treasury chief says no reason for Fed chair to step down

AstraZeneca's announcement included a new factory in the US state of Virginia, which will be the company's 'largest single manufacturing investment'

British pharmaceutical giant

AstraZeneca to invest $50 bn in the US as tariff threat looms

Filipino President Ferdinand Marcos Jr. speaks alongside US President Donald Trump during a meeting in the Oval Office

To ease tariffs

Trump says confident US to reach Philippines trade deal

Despite tariffs, General Motors has so far not adjusted production of the Chevrolet Trax, which is manufactured in South Korea

By more than a third

General Motors profits fall on tariffs

A majority of lawmakers in Russia's lower State Duma have backed a bill to fine internet users searching for content deemed 'extremist'

'Dangerous attack on freedom'

Russia seeks to fine web users searching for content deemed 'extremist'

US Secretary of Treasury Scott Bessent says he expects an extension of a mid-August deadline when steeper tit-for-tat tariffs involving China are set to return

To be held in Stockholm

US Treasury chief eyes China tariff deadline extension in talks next week

Consumers continued to buy Lindt chocolate despite the company hiking prices due to record-high cocoa costs

Increased by 15.8%

Price hikes nibble at demand for Lindt chocolate

The new nuclear plant will be built alongside EDF's Sizewell B nuclear power station in eastern England

Final hurdle overcome

UK gives green light to £38 bn Sizewell C nuclear plant

AstraZeneca's announcement included a new factory in the US state of Virginia, which will be the company's 'largest single manufacturing investment'

British pharmaceutical giant

AstraZeneca says to invest $50 bn in the US

Former Brazilian president Jair Bolsonaro (C) made the speech at Congress, but did not post it from his own social media accounts

In violation of ban

Brazilian judge threatens Bolsonaro over speech shared on social media

Every year, around 120,000 seasonal workers are brought to the Champagne region to handpick grapes

Seasonal workers exploited

France jails three in champagne 'slaves' case

President Donald Trump has threatened major US trading partners with jacked-up tariffs from August 1 if they do not cut trade deals

Equities mostly rose

Stocks mostly rise as markets weigh earnings optimism and tariff fears

US President Donald Trump uses his Truth Social app to remain a constant presence in Americans' lives

Policy, threats, self-promotion

How Trump turned his Truth Social app into a megaphone

Airlines complain that the high levy on passenger flights from German airports is hurting competitiveness

Steering pro-business turn

German govt looks to roll back tax hike on flights

The companies behind the 'Made in Germany' initiative said the investment boost would total 631 bn euros by 2028

Reviving economy

German industry alliance lays out domestic investment push

Jeep owner Stellantis said it felt the first effects of US tariffs in the first half of 2025

Also includes Peugeot, Citroen and Fiat

US tariffs, laws push Jeep owner Stellantis into 2.3-bn-euro first-half net loss

The European Central Bank is expected to hold tight on rates, pausing a series of cuts made over past months

First time in a year

ECB expected to hold rates as Trump tariff uncertainty lingers

Jensen Huang, co-founder and CEO of Nvidia, recently convinced Donald Trump to lift restrictions on certain GPU exports to China

Jensen Huang, AI visionary in a leather jacket

Singapore's Defence Minister Chan Chun Sing says select military units are helping combat a cyberattack on the country's critical infrastructure

Possibly linked to China

Singapore military helps battle cyberattack: minister

US stock market indices are flirting near record highs as America's economy shows resilience

Sparked by healthy US retail data

Stocks consolidate after bumper week buoyed by resilient US economy

The statement marks a rare consensus for the G20, which has been jolted by US trade policy under President Donald Trump

After Trump's Federal Reserve attacks

G20 nations agree central bank independence 'crucial'

The EU's 2028-2034 budget will now be the subject of fraught negotiations between member states and the bloc's lawmakers

Divisions over spending plans

What's in the EU's two-trillion-euro budget bazooka?

EU foreign affairs chief Kaja Kallas said the bloc has imposed 'one of its toughest sanctions packages' on Russia

18th round of measures

EU, UK target Russian oil in tough new Ukraine war sanctions

At the BitSummit expo in Kyoto, indie designers touted their games

At Japanese game fair

Indie game studios battle for piece of Switch 2 success

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