Business & Tech

RTL Lëtzebuerg

RTL Lëtzebuerg

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Business & Tech

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

The Trump administration said it softened tariffs on automakers to give the industry enough time to move supply chains to the United States

Fast-evolving policies

Trump tempers auto tariffs, winning cautious praise from industry

Meta's new artificial intelligence app is being synched to Ray-Ban's connected smart glasses created in a partnership with the Silicon Valley tech giant

'Focused on the voice experience'

Meta releases standalone AI app, competing with ChatGPT

White House Press Secretary Karoline Leavitt slammed Amazon's reported to plan to display the effect of US tariffs on prices for consumers in that country

Trump praises Bezos as Amazon denies plan to display tariff cost

Le ministre de l'Économie Éric Lombard (2e à gauche) s'entretient avec des douaniers français aux côtés de la ministre chargée des Comptes publics, Amélie de Montchalin (centre), de la ministre déléguée au Commerce Véronique Louwagie (2e à droite) et de la secrétaire d'État chargée de l'IA et du numérique, Clara Chappaz (1ère à droite), dans un entrepôt de l'aéroport Roissy-Charles de Gaulle, le 29 avril 2025

France to tax small parcels from China amid tariff fallout fears

Residents gather around a battery-powered radio to listen to news during a power cut in Madrid on April 28, 2025

Better prepared

Candles and radios in demand in Spain as blackout lessons sink in

Average 12-month inflation expectations reached seven percent this month which, the Conference Board said, was the 'highest since November 2022'

Tariff concerns

US consumer confidence hits lowest level since onset of pandemic

Cardinals will gather on May 7 for the conclave to select the new pope

Video game rides conclave excitement with cardinal fantasy team

Asian, notably Chinese, online sellers send billions of small packages into the EU each year

Wants EU collaboration

France targets cheap Chinese goods with fee on packages

The United States is a key market for the pharmaceutical industry, and AstraZeneca had already planning to invest $3.5 billion there by the end of 2026

Pharmaceutical giant

AstraZeneca moves some production to US amid tariff threat

Pfizer profits dipped on lower sales of Paxlovid

Drugmaker maintains 2025 forecast

Pfizer profits dip on lower Paxlovid sales

Spotify s among the winners on Wall Street since the start of the year, with its share price up 34 percent

High engagement and retention

Spotify posts record profit in first quarter

General Motors is assessing additional steps to boost US production due to tariffs

Lingering uncertainty

GM profits top estimates, but automaker reviewing outlook due to tariffs

Adidas has warned US tariffs could hit its earnings

No solution in sight

Pricier trainers? Adidas warns on US tariff impact

The blackout paralysed train and metro networks -- and there was no signal for phones either

Back at 90% capacity

Power returns to most of Spain, Portugal after massive blackout

Many caviar producers are embracing the trend

Elitist no more, caviar is turning casual

OpenAI is making its ChatGPT online search tool more appealing to shoppers as it faces criticism over its decision to shift to a for-profit structure from its original establishment as a nonprofit entity

Amid regulatory pressure

ChatGPT adds shopping help, intensifying Google rivalry

A lack of tariff announcements by US President Donald Trump over the weekend has calmed markets

Tempering with tariffs

Global stocks mixed amid trade hopes as markets await tech earnings

US Treasury Secretary Scott Bessent said he assumes US retailers have 'pre-ordered'

10% baseline tariff against most nations

Empty shelves? US Treasury secretary not concerned 'at present'

Indian Air Force (IAF) personnel stand in front of a Rafale fighter jet

Multi-billion-dollar deal

India says signs deal with France for 26 Rafale fighter jets

Mediobanca is itself trying to fend off a hostile takeover by state-backed Banca Monte Paschi di Siena (MPS) as the Italian banking industry sees a wave of hostile bids

Fending off hostile takeover

Italy bank merger wave heats up as Mediobanca eyes Banca Generali

US President Donald Trump has imposed 10 percent tariffs on most US trading partners and a separate 145 percent levy on many products from China

According to economic official

China says on 'right side of history' in trade standoff with US

South Korea's largest carrier SK Telecom started on Monday to replace mobile SIM chips for its 23 million users following a data breach

23 million users affected

South Korea's SK Telecom begins SIM card replacement after data breach

French bakers have complained of major problems opening on May 1

Legal confusion

Crumbs! Should French bakeries open on May 1?

A fatal accident involving a Xiaomi SU7 raised concerns over safety and the advertising of cars as being capable of 'autonomous driving'

Autonomous vehicles

Smart driving new front in China car wars despite fatal crash

Efforts by the administration of President Donald Trump to scale back anti-disinformation efforts in the United States could have national security implications

Growing challenges

US anti-disinformation guardrails fall in Trump's first 100 days

Some firms started shipping more goods to the United States even before Donald Trump's tariffs announcements

Extra shipments

Trump trade war pushes firms to consider stockpiling

A worker raking coffee beans during the drying process at the Xiaowazi, or Little Hollow, coffee plantation in Pu’er

Chinese tea hub branches into coffee as tastes change

Supporters hail Assange as a champion of free speech

Thankful for support

Wikileaks founder Assange joins crowds for pope funeral

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