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.

Some 800 ships remain stuck in Gulf waters

As rest of Asia aims to recover

Brent falls below $75 as Nasdaq drops for 3rd straight day

A Metropolitan Police van using facial-recognition cameras is pictured the 2025 Notting Hill Carnival in west London

London police to extend use of live facial recognition, drones

SK hynix is a key supplier to the world's most valuable company Nvidia

Data centre supplier

S.Korea chip giant SK hynix seeks $29 bn in Nasdaq listing: regulatory filing

Meta's lower cost glasses will not carry the Ray-Ban name

Starting at $299

Meta offers lower cost glasses as wearables competition heats up

US semiconductor giant Micron was one of the companies that slumped on Wall Street

Struggling traders

Tech drags down world stocks, oil dips on supply hopes

Vice President JD Vance is leading the US negotiating team at the talks with Iran in Switzerland

Markets cheer diplomatic progress

Oil falls as US waives Iranian sanctions and Nasdaq tumbles

EasyJet has rejected the bid from Castlelake as 'highly opportunistic'

Confident in its strategy

EasyJet rejects £5 bn takeover offer from US equity firm

Ukrainian President Volodymyr Zelensky said Kyiv had struck an oil refinery in the city

More cautious approach

Russia signals slower rate cuts amid high Ukraine war spending

There is a growing consensus in the European Union that it is too dependent on China

Safeguarding sovereignty

EU wrestles over tackling China export flood

Switzerland's central bank said it was concerned about upward pressure on the franc

Move widely expected

Swiss central bank holds interest rates, with eye on currency risks

The Bank of England said it would keep a close watch over the wider UK and global economy

'Still higher than before the war'

Bank of England follows Fed in holding interest rate

A CycloTech drone on display at the VivaTech fair

Start-ups assemble

Innovations on show at Paris Vivatech fest

A humanoid robot that can do a bit of everything is still years off

Robots pour cocktails and run marathons, but still can't multitask

US retail sales jumped more than analysts expected in May, despite steeper gasoline costs weighing on households

Higher fuel spending

US retail sales beat expectations in May as energy costs stay high

Replica shirts of several German players, including Deniz Undav, were temporarily unavailable due to a shortage of the letter 'V'

Adidas runs out of letter 'V' as German fans snap up World Cup shirts

Security fears will be high on the agenda

Eyeing greater independence

German grid connection deal to boost North Sea wind power

BMW downgraded forecats, the latest bad news from Germany's auto sector

Vows to step up cost-cutting efforts

BMW downgrades 2026 targets on Mideast war, China woes

Palantir was founded with backing from the American CIA

'Strategic autonomy'

French spies drop AI giant Palantir over US overreliance fears

Donald Trump said ships were again moving through the Strait of Hormuz and it would be 'completely open' by Friday

European stocks extend gains, oil falls on US-Iran deal

Japan's national flag flutters at the Bank of Japan headquarters building in Tokyo on June 16, 2026

Battling Mideast war inflation

Bank of Japan hikes interest rate to 31-year high

Shifting habits

Luxembourg telecoms growth slows as landline and TV use falls

Milan-based UniCredit aunched its bid in May to gain control of its German rival and cement its status as a European heavyweight

Highly political takeover offer

Deadline looms for UniCredit's hostile bid for Commerzbank

Local farmer Neetu sprinkles organic biofertiliser in a field in Bichpuri village near Uttar Pradesh's Tappal town

Among largest consumers

India eyes biofertilisers after Mideast war stoked supply fears

Fewer people nowadays get their news from traditional sources like television

Reuters Institute of Journalism report

Social networks, online video outweigh traditional media in 2026

Branding for companies that are not FIFA sponsors have all been covered or removed at Los Angeles Stadium, normally known as SoFi Stadium, ahead of the 2026 World Cup

From NFL to FIFA

World Cup venues scrub branding, get new names for tournament

US President Donald Trump has threatened to slap a 100 percent tariff on French wine and champagne unless Paris removes a digital services tax on tech firms

Tax on tech firms

Trump threatens 100% tariff on French wines over digital tax

Starbucks Korea, which has more than 2,000 stores nationwide -- the third largest after the United States and China -- was embroiled in public uproar last month when it ran a "Tank Day" promotion advertising a reusable cup, evoking a deadly crackdown on a 1980 pro-democracy uprising

Campaign gone awry

Starbucks Korea to close outlets for history lesson after 'Tank Day' fiasco

Britain's plans reportedly aim to totally ban social media for under 16s, and stop late-night scrolling by older teenagers

'Moral responsibility'

UK PM announces ban on social media for under-16s

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