Business & Tech

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Business & Tech

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

International Finance Corporation (IFC) Managing Director Makhtar Diop says the World Bank's private sector arm is ramping up investments

Economy faces instability

World Bank's IFC ramps up investment amid global uncertainty

A larger-than-expected expansion of the US jobs market helped Wall Street stocks push higher

Lukewarm reception

Stocks climb as strong US jobs data soothes growth worries

A wide range of businesses had facilitated 'this machinery of erasure' said Francesca Albanese

Report provoked furious response

UN expert says firms 'profiting' from 'genocide' of Palestinians

Modi made much of the democratic political system the two countries have in common

Growing economic presence

Modi pushes further India-Africa cooperation on Ghana visit

Portuguese-speaking Angola has a long stretch of Atlantic Ocean coastline

Driving post-war development

Hidden gem: Angola opens up to tourists in a pivot from oil

The US trade deficit widens in May but both imports and exports declined, government data showed

More than expected

US trade deficit widens in May as Trump tariffs fuel uncertainty

Paris's Velib' bike-sharing system is popular among residents, tourists and thieves

Missing 3,000 bikes

Joy riders give Paris bike share system a flat

US job growth came in at 147,000 in June, accelerating from May, government data shows

Unexpected data

US hiring beats expectations in June despite tariff worries

The Fundao tailings dam at an iron ore mine in Minas Gerais state was managed by Samarco, co-owned by BHP and Brazilian miner Vale

Ten years after Brazil mine disaster, pollution persists

Shein was found to have raised prices before cutting them for sales

False impressions

France fines Shein 40 mn euros over 'deceptive' sales practices

The Grand Ethiopian Renaissance Dam (GERD) is considered Africa's largest hydroelectric project

Fears around water supply

Ethiopia's mega dam on the Nile 'now complete': PM

While the heftiest of Donald Trump's tariffs on Vietnam have been avoided, there are worries about the effect of the deal with regard to China

Transshipment issues

US-Vietnam trade deal sows new China standoff

A strike by French air traffic controllers affected air traffic across Western Europe

Tens of thousands affected

Strike by French air traffic controllers disrupts summer travel

John Filkins, corporate beverage director at Clyde's Restaurant Group, said businesses are having to pass on some cost hikes to customers

'Low cash, low margin'

In US capital, Trump tariffs bite into restaurant profits

Leaders of South America's Mercosur bloc will head to Buenos Aires for two days of talks focused on a massive trade deal with the European Union that is being blocked by France

25 years in the making

Fate of major trade deal with EU hangs over Mercosur summit

British Prime Minister Keir Starmer, left, with Chancellor of the Exchequer Rachel Reeves in parliament on Wednesday

UK's Starmer backs finance minister after tears in parliament

Traders are keeping an eye on Washington as the House of Representatives considers Donald Trump's 'Big, Beautiful Bill'

Threats to Tokyo

US stocks back at records as oil prices rally

Tesla reported lower auto sales again in the second quarter as CEO Elon Musk's political activism weighs on the company

Difficult period

Tesla reports lower car sales, extending slump

US President Donald Trump announced that Vietnam, a global manufacturing hub dependent on exports, has struck a trade deal that would see its exports to the United States face a minimum 20 percent tariff, while opening its market to US products

Before self-imposed deadline

Trump says Vietnam to face 20% tariff under 'great' deal

A French male, 18, suspected of plotting attacks on women was arrested the DGSI security service in the eastern city of Saint-Etienne

Teen plotting attacks on women charged in France's first 'incel' case

US private sector employers lost 33,000 jobs in June, according to payroll firm ADP

Sign of labour market weakness

US private sector shed jobs for first time in recent years: ADP

Thomas Francois received the heaviest sentence

French court convicts ex-Ubisoft bosses for workplace harassment

Chinese battery giant CATL was among the new listings on the Hong Kong Stock Exchange, with PwC saying the city was expected to be the IPO leader this year

Despite uncertainty

Hong Kong to regain IPO crown this year, say PwC and Deloitte

Australian airline Qantas says it is investigating a

Sensitive data on six million customers

Australian airline Qantas says hit by 'significant' cyberattack

Some of India's most labour-intensive exports such as gems and jewellery are under threat from Donald Trump's tariffs

Last-minute reprieve?

India exporters cautiously optimistic as US tariff deadline looms

US President Donald Trump is set to reimpose steep tariffs on dozens of economies July 9, unless they reach deals to avert the higher duties

Some promising candidates

Deal or no deal: What happens with Trump's July tariff deadline?

Senate Majority Leader John Thune (2nd R) marhsalled the votes to pass President Donald Trump's sweeping tax cut legislation

Rice and cars targeted

Global stocks mixed as markets track US trade deal prospects

Ford Motor Company President and CEO Jim Farley stands between the Ford Mustang RTR (L) and the Ford Mustang GTD at the 2025 Detroit Auto Show

Able to capitalise

Big automakers report US sales jump on pre-tariff consumer surge

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