Business & Tech

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RTL Lëtzebuerg

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Business & Tech

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

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

While the rest of the world has been slapped with a blanket 10 percent tariff, China faces levies of up to 145 percent on many products

China slams 'appeasement' of US as nations rush to secure trade deals

Josh Staph, CEO of Duncan Toys said toy shipments have ground to a halt in the industry with 145 percent tariffs on imports from China

'Complete nightmare'

Trump tariffs stunt US toy imports as sellers play for time

Sex tourism has developed as a dark flipside to the bustling Kabukicho nightlife district

Social media helps fuel growing 'sex tourism' in Japan

Donald Trump has threatened tariffs on countries that target tech giants with taxes

Predictable position

Taxes on super rich and tech giants stall under Trump

Boeing and Airbus have big order backlogs

Tariffs could lift Boeing and Airbus plane prices even higher

Analysts say US chipmakers like Nvidia, whose CEO Jensen Huang is seen here, will face intensified competition from China and other countries due to new constraints imposed by the US government on chip sales to China

Opposite effect

Analysts warn US could be handing chip market to China

Dozens of humanoid robots joining a half marathon in Beijing showcasing China's drive to lead the global race in cutting-edge technology

Humanoid robots stride into the future with world's first half-marathon

The Trump administration is blaming a Chinese lab for the Covid-19 pandemic outbreak that took millions of lives and forced communities to social distance to prevent its spread, as seen here in a park in New York City in May 2020

White House touts Covid-19 'lab leak' theory on revamped site

US Federal Reserve Chair Jerome Powell, seen in April 2025, said he considered Fed independence to be a matter of law

Fed Chair Jerome Powell

Trump goes to war with the Fed

In light of recent tariffs, Ford has halted shipments to China of F-150 Raptors, Mustangs and Broncos

US-China trade conflict

Ford 'adjusts' some exports to China due to tariffs

Donald Trump has hit out at Fed boss Jerome Powell for not cutting interest rates

Holiday-thinned

Tokyo leads gains in most Asian markets on trade deal hopes

China's vast southern province of Guangdong has long been its biggest manufacturing hub

Sky-high tariffs

China's manufacturing backbone feels Trump trade war pinch

Syrian civil servants must queue at one of two state banks or affiliated ATMs, and withdrawals are capped

Saddening truths

Cash crunch leaves Syrians queueing for hours to collect salaries

Japan's government began auctioning its rice stockpile last month

Almost double than start of year

Japan rice prices soar as core inflation accelerates

A container ship unloads its cargo at Kwai Chung Container terminal in Hong Kong

Bid to boost domestic shipbuilding

US unveils new port fees for Chinese-linked ships

US President Donald Trump and Italian Prime Minister Giorgia Meloni both say they believe an EU-US trade deal is possible

Charm offensive

Trump and Italy's Meloni talk up EU tariff deal hopes

US Federal Reserve chairman Jerome Powell has warned that President Donald Trump's sweeping tariffs on virtually every trade partner could cause spikes in both inflation and unemployment

Independent head

Trump insists he could fire independent Fed Chair Powell

Having won a court ruling that Google had a monopoly in online ad technology, US attorneys could recommend that the tech titan be ordered to spin off its ad exchange operations

Google has illegal monopoly in ad tech, US judge rules

US President Donald Trump and Commerce Secretary Howard Lutnick (R) look on before Trump signed a proclamation expanding fishing rights in the Pacific islands in the Oval Office of the White House in Washington, DC, on April 17, 2025.

World's largest economies

Trump says US 'talking' to China on tariffs

Countries are increasingly seeking to improve trading relations with regional and like-minded partners, International Monetary Fund Managing Director Kristalina Georgieva told AFP

Countries must 'make the best' of new multipolar world: IMF chief

The United States has been the top market for Swiss-made watches since 2021

Swiss watch exports to US soared ahead of Trump tariffs

IMF Managing Director Kristalina Georgieva said the International Monetary Fund still expects the global economy to avoid a recession

Trade disruptions

World economy likely to avoid recession despite tariffs: IMF chief

Christine Lagarde warned about the impact of Trump tariffs on euzone growth

Increasingly likely

ECB cuts rates as Trump tariffs raise fears for eurozone growth

Nvidia this week said it expected a $5.5 billion earnings hit this quarter due to a new US licensing requirement on GPUs (graphics processing units) with bandwidths similar to the H20

Hoping for 'continued cooperation'

Nvidia CEO in Beijing as US tech curbs, trade war threaten sales

Jonathan Anderson was creative director of Loewe from 2013

New creative director

N.Ireland designer Jonathan Anderson takes helm at Dior Men

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