Business & Tech

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Business & Tech

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

AI chatbots are increasingly used for instant debunks, but their responses are often riddled with misinformation

Quest for reliable sources

Hey chatbot, is this true? AI 'factchecks' sow misinformation

Rotterdam hosts TwitchCon -- the annual event run by United States streaming giant Twitch -- where fans can meet their favourite creators and join the celebrations

Streamers unite in Netherlands

Gaming fans bring electric energy to Rotterdam as TwitchCon arrives

US Treasury Secretary Scott Bessent says a call between President Donald Trump and China's Xi Jinping could help resolve a simmering trade dispute

Amid stalled progress

US says trade row with China could ease after Trump-Xi talks

Indian airline IndiGo has in total placed orders for around 1,000 aircraft from the A320 family, Airbus's most successful model

Significant expansion

Indian airline IndiGo orders 30 Airbus A350 widebody planes

Elon Musk has denied using drugs extensively, even as he acknowledged taking 'prescription' ketamine in the past

'I am NOT taking drugs!' Musk denies damning report

An armoured breaching vehicle made by German company Rheinmetall is displayed at the International Defence and Security Fair in Madrid on May 12, 2025

Pacifist traditions

In changing times, young Germans gun for defence sector jobs

Cargo ships outside an oil and gas storage facility at a port in Luanda, the capital of Angola

A fall in prices

Oil under $65 a boon for consumers, but a burden on producers

Nintendo hopes to match the success of the Switch when its levelled-up new console hits shelves Thursday, with strong early sales expected despite the gadget's high price

Less family-focused, more gamer-oriented

Nintendo aims to match Switch success with new console

South Korea will hold its presidential election on Tuesday

False online claims

South Korea election hit by misinformation

CEO and founder of Web Summit Paddy Cosgrave speaks at the opening of the Web Summit Vancouver 2025 tech conference

High-stakes market

Silicon Valley VCs navigate uncertain AI future

A man in Ecuador holds up a shirt with the slogan 'Furukawa, never again,' alluding to a Japanese textile firm found to have abused its workers

Plantation workers

Ecuador apologizes to farm workers deemed to live like slaves

The judge's decision on potential remedies is expected by August 2025

Anti-competitive practices

Google says to appeal online search antitrust ruling

The key OPEC+ members decided to accelerate oil production output, but said it should not cause a plunge in prices

Over three times more than planned

OPEC+ announces sharp increase in July oil production

US President Donald Trump speaks during a visit to US Steel - Irvin Works in West Mifflin, Pennsylvania, May 30, 2025, to mark the deal between Nippon Steel and US Steel

Effective Wednesday, 4 June

Trump says will double steel, aluminum tariffs to 50%

This month in AI news: Google shock the world, OpenAI to release hardware, and AI for State of the Nation address

BYD was not singled out by name, but a leading China automakers group warned of a

'Disorderly' competition would 'exacerbate harmful rivalry'

Chinese automakers get stern 'price war' warning after discount spree

Central America's biggest copper mine, the Cobre Panama pit, closed in 2023 following crippling protests over its environmental impact

Closed in 2023 following protests

Panama launches maintenance work at contested mine

The US antitrust case poised to weaken Google's dominance in online search comes as OpenAI, Perplexity and other rivals are putting generative artificial intelligence to work fetching information from the internet for users

'Not looking to kneecap Google'

Google makes case for keeping Chrome browser

President Donald Trump has put US-China trade tensions back on the boil, by claiming Beijing has 'violated' an agreement with Washington

Stocks mixed after Trump accuses China of violating tariff deal

Washington and Beijing agreed to temporarily de-escalate tariffs earlier in May 2025 after high level talks in Geneva

After 'stalled' talks

Trump accuses China of violating tariff de-escalation deal

Alexei Navalny, President Vladimir Putin's main opponent, suddenly died in an Arctic penal colony on February 16, 2024

'Promoting free speech in Russia'

Navalny widow, media watchdog to launch TV channel

The US antitrust case poised to weaken Google's dominance in online search comes as OpenAI, Perplexity and other rivals are putting generative artificial intelligence to work fetching information from the internet for users

Search monopoly

Google makes case for keeping Chrome browser

Canadians have seen exports surge but lower household spending as US President Donald Trump's tariffs begin to bite, new government figures show

Better than expected

Canada growth up but Trump tariffs starting to hurt

US President Donald Trump, seen in May 2025, slapped sweeping tariffs on most countries in April

'Liberation day' effect

US April inflation cooled more than expected, despite tariffs

German official Philip Amthor said 'large digital corporations in particular are cleverly engaging in tax avoidance'

Germany considers 10% tax on internet giants

Reform UK leader Nigel Farage has pledged to launch a 'crypto revolution' if his party comes to power

Transparency concerns

Britain's hard-right Reform UK to accept crypto donations

US President Donald Trump's administration has argued that judges do not have the authority to block his tariffs regime

Global trade war

Trump tariffs stay in place for now after court reprieve

The airline industry meets in India amid worries over tariffs and geopolitical tensions

Airline chiefs meet in India amid turbulence of Trump

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