Business & Tech

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Business & Tech

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

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

From his prison cell, jailed opposition mayor Imamoglu has denounced the latest arrests

Corruption probe

Turkey's opposition says Erdogan's canal plan behind latest arrests

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

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