Business & Tech

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Business & Tech

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

Robots weld chassis of electric cars at a Zeekr factory in Ningbo, in China's eastern Zhejiang province

Robots key to keeping pace

Foreign carmakers strive for 'China Speed' to stay in race

Chinese startup DeepSeek shook up the AI world in January with its R1 chatbot, matching the performance of its US competitors at a lower cost

To become world leader

Xi says China must 'overcome' AI chip challenges

A man walks past a closed shop during a shutdown called by different trade unions to show solidarity with victims of the Pahalgam tourist attack, in New Delhi on April 25

Prickly consequences

India and Pakistan's Kashmir fallout hits economy too

Since taking the helm of the World Bank in 2023, Ajay Banga has pushed to streamline operations and encourage private sector participation

'Earliest possible'

Developing countries should fast-track US trade deals: World Bank president

Despite US officials touting progress on tariff talks, analysts warn that hard work lies ahead

Anxiety building

Trump tariff promises get a reality check

Hopes for trade deals have helped equity investors rediscover their vim

Diffusing trade war tensions

US stocks extend rally as market eyes busy calendar next week

Pope Francis waves after Easter mass at St Peter's square in the Vatican on April 20, 2025

'Snake-tactics'

Pope's death triggers surge of disinformation he fought against

International Monteary Fund Managing Director Kristalina Georgieva said countries had shown a willingness to tackle their own problems

Trump's policies

IMF chief hails 'constructive' Spring Meetings held under tariff uncertainty

Bayer has been dogged by lawsuits linked to the weedkiller Roundup

Roundup under threat

Bayer says legal woes could force it to pull weedkiller

The dieselgate affair had already cost VW more than 30 billion euros ($34 billion) in fines, legal costs and compensation to car owners, mainly in the United States

'Managers accused of fraud'

German prosecutors seek jail terms in VW 'dieselgate' trial

IMF European Department Director Alfred Kammer said the European Union and the United States should negotiate a deal to boost growth

Global trade war

EU, US should de-escalate and negotiate trade deal: IMF Europe director

Moulded Lego bricks on display at the Lego Museum in Billund, Denmark

Concrete ruling

Lego block: Dutch court rules mould maker can't use toy trademark

Economists have warned the Russian economy is showing signs of slowing down

Borrowing costs kept high

Russia holds key rate at two-decade high despite slowdown fears

US President Donald Trump in the Oval Office of the White House in Washington, DC, on April 24, 2025.

Competing accounts

Trump claims China's Xi called him on tariffs

A Hermes luxury bag workshop in France in April 2023

Videos offer cut-price deals

TikTok videos exploit trade war to sell fake luxury goods

China's top leaders pledged to step up support for the economy while acknowledging that 'external shocks' were increasing

Global economic strain

China's top leaders pledge economic support as trade war rages

Saab makes the Gripen jet fighter

'Soaring profits'

Arms maker Saab posts record sales as Europe rearms

Investors have been watching closely to see whether the billions of dollars Google is pouring into datacenters and artificial intelligence hosted in the cloud are paying off for the Silicon Valley tech giant

Alphabet quarterly earnings lifted by cloud and AI

Executives at Silicon Valley chip maker Intel say 'fluid' US trade policies and regulatory moves have increased the chances of economic slowdown

Tariff knock-on effect

Intel chief vows to thin ranks at US chip maker

The rally in stocks continued on Wall Street but fizzled elsewhere

Stocks rally rolls on in US, mixed elsewhere

French economy minister Eric Lombard (center) says the European Union and the United States were still far from a tariffs deal

Looking for way out

EU still far from tariff deal with US: French minister

US President Donald Trump maintained that Washington was in talks with Beijing, even as China said such claims were 'groundless'

Took another blow

Trump trade deals appear distant as tariff tensions simmer

South African Reserve Bank Governor Lesetja Kganyago, seen in February, told reporters that ongoing bilateral trade talks were a resource-intensive process

Trump tariff talks are prolonging uncertainty: S.Africa central bank chair

Corona beer imported from Mexico is seen at a store in the US state of Texas

Friends 'in the good times and the bad'

Corona beer maker Modelo says to invest $3.6 bn in Mexico

American said revenues were hit by economic uncertainty and fallout from the January 29 fatal crash of a regional jet operated by American Eagle at Ronald Reagan National Airport in Washington

Clouded outlook

American Airlines pulls 2025 forecast on economic uncertainty

Volkswagen, the largest foreign automaker operating in China, announced that by 2027 it would release more than 20 new cars for the local market

Looking to win back sales

European carmakers on China charm offensive as sales droop

Federal Reserve Governor Christopher Waller said Donald Trump should be free to voice his opinion about the US central bank

Part of the job

Trump should be 'free' to criticize the Fed, senior official says

Sales of previously-owned US homes fell 5.9 percent in March according to industry data, more than analysts expected

5.9 percent slide

US existing home sales see biggest drop since 2022

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