Business & Tech

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Business & Tech

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

Water in Tajikistan's Nurek reservoir (seen here in March 2024) has dropped sharply since late 2024

Landlocked, reliant on hydropower

Water shortage pushes Kyrgyzstan, Tajikistan into energy crisis

A warning about Russian output sent oil prices up more than one percent Friday

Bubble popping?

Stocks sink on fears over tech rally, US rates

NIS may run out of reserves by the end of the month

US oil sanctions, EU gas phaseout

'Time is running out': Serbia eyes winter energy crisis

German Chancellor Friedrich Merz and coalition partners announced relief measures for business

Approved spending plans

Germany unveils debt-laden budget, relief measures

Jewellery sales helped Richemont's sales sparkle despite headwinds

Swiss luxury group

Cartier owner sales lifted by jewellery, improving Asia

Experts have called for the creation of a global inequality panel

Extreme wealth disparity

Over 500 economists, top experts call for G20 inequality panel

'The new business of the internet that is AI-driven doesn't generate traffic,' says Matthew Prince, CEO of US internet services provider Cloudflare

Online warfare?

As AI data scrapers sap websites' revenues, some fight back

The growth of retail sales slowed again in China

Official data showed

China retail sales grew at slowest pace in over a year

US President Donald Trump has lashed out at reporters when asked about the issue of affordability

Outlandish policy

Trump eyes $2,000 checks, 50-year mortgages as economic fears loom

Switzerland was hit with a 39-percent tariff rate

US says trade talks with Swiss 'very positive'

US President Donald Trump signed legislation to reopen the federal government -- but trading floors did not respond with enthusiasm

Stocks slide despite end of US government shutdown

The BBC said it is 'sorry for the edit of the president's speech'

For misleading edit

BBC says sorry to Trump, but rejects defamation claim

Alstom's revenue for the period rose three percent, driven by demand for rail

French rail manufacturer

Strong first-half profits keep Alstom firmly on rails

Boeing defense workers in Missouri and Illinois had gone on strike in August 2025

Boeing union votes to end strike, accept new contract

Starbucks workers protest outside one of the chain's coffee shops in New York in October 2025

Over working conditions and stalled negotiations

Starbucks baristas launch strike on chain's 'Red Cup Day'

An analysis of satellite images by AFP this week revealed damage, even demolition, to around 100 buildings

Following investigation

Starlink, utilised by Myanmar scam centres, sees usage fall nationwide

Mexico sends nearly three million automobiles to the United States every year, including cars and trucks assembled on its soil by US companies

Access to components

Mexican car industry fears higher tariffs on China will drive its demise

Today, there is no levy on packages worth less than 150 euros ($174) imported directly to consumers in the EU

European retailers claim unfair competition

EU backs small parcel duties to tackle China import flood

China's Unitree wowed Web Summit visitors with its agile androids

Beware form over function

Amazon robotics lead casts doubt on eye-catching humanoids

Telegram founder Pavel Durov is under formal investigation by French authorities

Investigated over illegal content

France lifts travel ban on Telegram founder Durov

Producers are pumping more oil than the market can absorb

Period of imbalance

World oil market 'lopsided' as supply outpaces demand: IEA

Google has agreed a fund to support South African media

California-based company

Google to pay millions to South African news outlets: watchdog

Brussels said Google is demoting news outlets and content in search results when they include content from commercial partners

Fresh investigation

EU probes Google over news site rankings despite Trump threats

Burberry says its turnaround plan is working

British luxury fashion label

Burberry narrows first half loss on turnaround plan

Prime Minister Keir Starmer's Labour party has struggled to consistently grow the economy since returning to power

UK economic gloom deepens before budget

The group of Boeing defense workers on strike since August 4 primarily work on the F-15 and F-18 combat aircraft, the T-7 Red Hawk Advanced Pilot Training System and the MQ-25 unmanned aircraft in factories in Missouri and Illinois

3,000 employees

Striking Boeing defense workers to vote on latest contract

The dies used to press the last pennies along with the planchets, or blank disks that will become coins, at the US Mint

US presses final penny after more than 230 years

A man stands before photographs of victims of the Boeing 737 MAX crash in Ethiopia in March 2019, at a protest outside the US aircraft manufacturer's office in Arlington, Virginia

Expressing regret

US jury: Boeing owes $28 mn to family of Ethiopian Airlines crash victim

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