Business & Tech

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Business & Tech

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

General Motors announced plans to add capacity in Tennessee to build the Chevrolet Blazer, which is currently imported from Mexico and subject to US tariffs under President Trump's policies

Slower growth of electric vehicles

Latest GM investments in US in line with slowing EV demand: exec

A handout photograph released by the UK Parliament shows Britain's Chancellor of the Exchequer Rachel Reeves presenting her Spending Review to members of Parliament

'Britain's renewal'

UK govt injects health service with 'record' spending boost

Social media use linked to rise in youth mental health problems, report finds

Heineken, the world's second-biggest brewer, plans to open a new factory in Mexico

Following similar companies

Brewer Heineken unveils $2.75 bn investment in Mexico

The US consumer price index rose 2.4 percent from a year ago in May, in line with analyst expectations

In line with analyst expectations

US inflation edges up but Trump tariff hit limited for now

The bankruptcy of Northvolt has not deterred the Stegra company from pursuing its green steel project in northern Sweden

Emitting less emissions

Steel startup aims to keep Sweden's green industry dream alive

An F-35 fighter jet has over 400 kilograms (900 pounds) of rare earth components

Rare earths: China's trump card in trade war with US

Russia's three-year-long military offensive on Ukraine has caused inflation to surge

Can no longer afford

Russians struggle with 'crazy' prices

US Trade Representative Jamieson Greer, Commerce Secretary Howard Lutnick, Treasury Secretary Treasury Scott Bessent pose with Chinese Vice Premier He Lifeng, Commerce Minister Wang Wentao, and Vice Commerce Minister Li Chenggang in London

China says ready to 'strengthen' cooperation with US after trade talks

Analysts had predicted last week that Nintendo could score record early sales with the Switch 2

Historic hardware launch

Nintendo's Switch 2 scores record early sales

Christine Lagarde urged all parties to find solutions 'even in the face of geopolitical differences'

Calling for de-escalation

ECB's Lagarde slams 'coercive trade policies' in Beijing visit

Tesla sales in the EU have nearly halved, with many customers looking for electric cars put off by Elon Musk's political positions

Seeking damages

French Tesla customers sue over brand becoming 'extreme right'

Semiconductor heavyweight Nvidia's CEO Jensen Huang will headline day 1 of the trade fair

From sci-fi to applied tech

'Applied AI' set to dominate France's Vivatech trade fair

Traders were waiting on news from the US-China trade talks, with markets poised to rally or slide depending on their outcome

Broadly positive day

Stocks muted as investors track US-China trade talks

Shein is particularly targeted by the legislation

Pollution and market saturation

French Senate adopts bill to regulate fast fashion

The World Bank cut its 2025 global growth forecast to 2.3 percent in its latest economic prospects report

Rising uncertainty

World Bank cuts growth forecast on trade tumult

Robotaxis are already making forays in some other cities around the world, for instance in Wuhan, China, where tech giant Baidu's Apollo Go self-driving project is operational

Automated Vehicles Act

Uber to launch driverless taxis in London next year

Several European firms have shown interest in providing cross-Channel services

London, Frankfurt, Geneva

Eurostar to launch routes to Germany and Switzerland

Huawei founder Ren Zhengfei said the US had 'exaggerated' Huawei's achievements

Intense standoff

Huawei founder says chips still lag 'one generation' behind US

The London talks come after a call between Chinese President Xi Jinping and US President Donald Trump aimed at calming tensions over tariffs

Despite tensions

US, China trade talks to stretch into second day

Treasury Secretary Scott Bessent (L) and Commerce Secretary Howard Lutnick (R) were leading the US team holding talks with top Chinese officials in London

Global stocks mixed as markets eye US-China trade talks

Apple CEO Tim Cook speaks during the Apple Worldwide Developers Conference

Remaining cautious

Apple plays it safe on AI despite Wall Street pressure

Warner Brothers Discovery chief David Zaslav will lead the company's streaming business after the company splits in two

'Maximizing potential'

Warner Brothers Discovery will split company to build streaming

Around half the UK population, more than 30 million people, use TikTok each month

Its biggest community in Europe

TikTok says to increase investment in Britain

UK finance minister Rachel Reeves will on Wednesday unveil the government's spending review

Feared trade-offs

Defence or environment? UK faces spending choices

Britain's Prime Minister Keir Starmer greeted Nvidia CEO Jensen Huang at London Tech Week

Training 7.5 million workers

UK to boost 'homegrown talent' in new AI skills drive

China has struggled to lift sluggish domestic consumption since the end of the pandemic, threatening official growth targets

China's exports slow as trade war takes toll

Apple is expected to lay out its path forward when it comes to artificil intelligence and its closely guarded 'ecosystem' of devices and software at its annual Worldwide Developers Conference in Silicon Valley

Rivals race ahead

Apple under pressure to shine after AI stumble

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