Business & Tech

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Business & Tech

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

Chinese manufacturer CATL displays its second-generation Shenxing Superfast Charging Battery

Chinese dominance

Auto Shanghai showcases new EV era despite tariff speedbumps

Mark Zuckerberg has mounting legal problems in Europe

Personal data collection

200 French media groups sue Meta over 'unlawful' advertising: lawyers

The International Monetary Fund said risks to the global fiscal outlook had intensified

Uncertainty amid tariff chaos

IMF warns of 'intensified' risks to public finances amid US trade war

US President Donald Trump said tariffs on many Chinese imports will come down 'substantially'

Pushing for rate drop

China says 'door open' to trade talks after Trump signals tariffs will fall

International Monetary Fund chief economist Pierre-Olivier Gourinchas said the risks to the global economy have increased

Predicts 2.8% growth

IMF slashes global growth outlook on impact of Trump tariffs

Google argues that US attorneys are pushing a 'radical agenda' by calling for the Silicon Valley tech giant to be forced to sell Chrome internet browser due to its dominance in online search

Trial testimony reveals OpenAI interest in Chrome: reports

Elon Musk holds a chainsaw to symbolize his radical cuts of the US government

Uncertain legacy

Moving fast and breaking everything: Musk's rampage through US govt

After coordinating closely with US President Donald Trump for months, Tesla chief executive Elon Musk says he intends to scale back his work with the administration to focus more on his electric vehicle company

Between backlash and pressure

Musk to reduce White House role as Tesla profits plunge

Sarah Palin, a Republican former vice presidential candidate, unsuccessfully sued the New York Times

Jury finds New York Times did not libel Sarah Palin

US Treasury Secretary Scott Bessent told a closed-door event that he anticipates a tariff war between Washington and Beijing to de-escalate

US Treasury chief expects China tariff impasse to de-escalate

On the eve of the opening of massive industry show Auto Shanghai, Volkswagen presented three high-tech prototypes

To reverse declining fortunes

Volkswagen unveils its electric counter-offensive in China

Christine Lagarde said she had 'immense respect' for Fed chair Jerome Powell's work

Trump escalates attacks on Powell

ECB's Lagarde hopes Trump won't fire US Fed chief Powell

Investors will get an indication of what Musk's politic stance has had on Tesla's bottom line when the company reports results

Investors on edge

Gold hits record as Trump fuels Fed fears, Wall Street rebounds

While BASF has exited two joint ventures in the Xinjiang region it is stepping up its presence in China due to high production costs in Europe

Beijing denies allegations of abuse

BASF exits Xinjiang ventures after Uyghur abuse reports

A Swedish CV90 trains in northern Norway during a NATO exercise in March 2024

Strengthening 'shared military capabilities'

Nordics, Lithuania plan joint purchase of combat vehicles

International Monetary Fund (IMF) Chief Economist Pierre-Olivier Gourinchas tells AFP that President Donald Trump's tariffs have brought uncertainty

Warns of increased risk of social unrest

World could boost growth by reducing trade doubt: IMF chief economist

China and the United States -- the world's two largest economies -- are engaged in a mounting tit-for-tat trade row that has sparked global recession fears and rattled markets

Predicted four percent growth this year

IMF slashes China growth forecasts as trade war deepens

Sean O'Neill is representing Washington at the 37th ASEAN-US Dialogue, being held in Siem Reap

'America first'

US official asserts Trump's agenda in tariff-hit Southeast Asia

Bluesky social network says it will proactively verify who it behind accounts that be blue check marks of authenticity to bolster trust in the platform that challenges X, formerly Twitter

'Trust is everything'

X rival Bluesky adds blue checks for trusted accounts

Solar panels are the latest target of US tariffs, with duties of up to 3,521 percent on imports from Southeast Asia in a move against alleged Chinese dumping

'Unfair practices'

US to impose new duties on solar imports from Southeast Asia

The Shanghai auto show is the world's biggest and will showcase some of the latest offerings in the electric vehicle sector

Leading the charge

Auto Shanghai to showcase electric competition at sector's new frontier

With his storm of tariffs, President Donald Trump has torched ties with Beijing and likely wrecked any hope of meeting his counterpart Xi Jinping in the near term, analysts say

Analysts assess

Trump tariffs torch chances of meeting with China's Xi

Google contends the US is overreaching by asking a federal judge to order it to sell its popular Chrome web browser

Judicial intervention

US urges curb of Google's search dominance as AI looms

Dancers welcomed US Vice President JD Vance to New Delhi

US VP Vance meets Indian PM Modi for tough talks on trade

(COMBO) This combination of pictures created on April 21, 2025 shows, L-R, US Federal Reserve Chair Jerome Powell at the Economic Club of Chicago on April 16, 2025, in Chicago, Illinois and US President Donald Trump in the Oval Office of the White House in Washington, DC, on April 7, 2025

US assets slump again as Trump sharpens attack on Fed chief

Oklahoma City are known as AI early adopters

Sport embracing data

AI only just beginning to revolutionize the NBA game

Alleged scam centre workers beside dismantled electronic appliances during a crackdown operation in Myanmar

Seeking new victims

Asian scam centre crime gangs expanding worldwide: UN

Klaus Schwab was the driving force behind the World Economic Forum becoming an annual gathering of the world's rich and powerful

World Economic Forum

Davos meet founder Klaus Schwab steps down from WEF board

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