Business & Tech

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Business & Tech

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

The massive $86-billion listing of SpaceX shares in June accounted for nearly half of total amount firms raised via initial public offers in the first half of this year

Potential bubble

AI-led boom in IPOs raises concerns about a bust

Spanning more than 30 brands in 120 countries, Peranel includes mineral water brands such as S.Pellegrino, Source Perrier and Acqua Panna

Nestle siphons off bottled water business into joint venture

EasyJet says it has been impacted by elevated fuel prices and a reduction in consumer demand in the wake of the Middle East conflict

Fuel prices and reduced demand

EasyJet profits nosedive on Mideast war

Nokia said that demand for its AI and cloud services drove sales higher in the second quarter, but restructuring charges ate into earnings

Amid restructuring

Nokia says AI, cloud boosted sales in second quarter

Repsol said it is prepared to quickly increase oil production in Venezuela

Repsol says profit more than triples on higher oil prices

Renault has embarked on a massive electrification drive

Less than 1.2 million vehicles

Renault says sales stalled in first half

TotalEnerguies said net profit rose to $5.4 billion in the period from April to June

Up from $2.7 billion

TotalEnergies says profit doubled on Mideast war

EasyJet says it has been impacted by elevated fuel prices and a reduction in consumer demand in the wake of the Middle East conflict

$114 million profit

EasyJet says profits nosedive on Mideast war

Google's stock fluctuated after hours and dropped as much as 3 percent

Google-parent Alphabet beats expectations, cloud revenue nearly doubles

Paramount's bid for Warner Brothers Discovery faces hurdles across the Atlantic

$110 billion takeover

EU conditionally clears Paramount bid for Warner Bros.

Samsung's new top-of-the-range model is the Z Fold8 Ultra starts at $2,100

Almost two thousand dollars

Samsung launches new, more expensive foldable smartphones

Revolut has been a leader in rolling out financial services via smartphones

Secondary share sale

UK fintech Revolut valuation soars to $115 bn: source

The Global Combat Air Programme aims to develop a supersonic sixth-generation stealth fighter by 2035

Italian defence giant

Leonardo chief sees potential for Germany to join GCAP fighter jet project

US President Donald Trump's administration is readying a fresh volley of tariffs as a 25-percent levy on some Brazilian goods kicks in

US tariffs on Brazil take effect as Trump readies fresh flurry

Campaigners say that cetamiprid and flupyradifurone are dangerous to bees and human health

'Trampling on science'

Uproar in France over reintroduction of bee-harming pesticides

Currency dealers monitor exchange rates in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on March 13, 2026

Mostly rebounded

Stock markets, oil prices climb

Andy Burnham said he wants to "cut taxes on energy bills, put more money in people's pockets"

Cost of living crisis

New UK govt tackles cost of living with energy tax cut

Basel-based Novartis is facing the expiry of patents for a number of its products

Swiss pharmaceuticals giant

Novartis says buoyed by new treatments in second quarter

South Korea's President Lee Jae Myung

New highly speculative investments

South Korea president urges regulator action on leveraged stock funds

Boeing aims to stage a major comeback at the Farnborough Air Show following production quality issues, lawsuits, and an overhaul of its governance

Major comeback?

Leasing firm SMBC orders 200 planes from Airbus and Boeing

The European Union said AliExpress did not do enough to stop the sale of counterfeit products

Unsafe toys and cosmetics

EU fines AliExpress 550 mn euros over illegal products

Ryanair said it would appeal the Italian fine, calling it 'bizarre'

Net profit slumps 34%

Ryanair quarterly profit slides on Mideast war impact

The ECB hiked rates in June for the first time since 2023 to tame the Mideast war inflation surge

Uncertainty increases

New Mideast fighting keeps eurozone rate-setters on edge

Luxembourg farmers cultivate mushrooms in distinctly ingenious ways

Nvidia CEO Jensen Huang has made leather jackets part of his signature style

'Object so closely tied to AI defining figures'

Leather jacket worn by Nvidia CEO Jensen Huang auctions for nearly $1 mn

The Nasdaq fell sharply for a second straight session on worries about lofty valuations of artificial intelligence shares

Tech share selloff rolls on, oil prices jump on Mideast clashes

A model released by Chinese startup Moonshot AI has fuelled buzz around the country's tech prowess

China's Kimi K3 rattles US AI industry

The blocked access to Polymarket's website comes after visits increased despite a ban on bets from France

Online prediction market

France blocks access to Polymarket

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