Business News Stories
Norway’s state oil firm lobbying to open Rosebank oilfield halves green investments
Equinor becomes latest fossil fuel firm to backtrack on clean energy pledges with move to halve budget to $5bn...
photo: Creative Commons / Arild Vågen
EU prepares to counter US protectionism
The European Union is preparing for a trade fight with the United States, but sees opportunities for negotiations, Bloomberg reports. According to the agency, the decision of US President Donald Trump to postpone the introduction of tariffs on imports from Mexico and Canada has strengthened the...
photo: Creative Commons
Macron denies involvement in Nestlé Waters scandal
French President Emmanuel Macron denied any “agreement” or “collusion” with the Swiss company Nestlé over the bottled water scandal on...
photo: AP / Natacha Pisarenko
Google owner drops promise not to use AI for weapons
Alphabet guidelines no longer refer to not pursuing technologies that could ‘cause or are likely to cause overall harm’...
photo: Creative Commons / Lee-Sean Huang
Samsung Galaxy S25 Ultra review: Flawless flagship’s refined AI and accumulation
The artificial intelligence (AI) theme isn’t writing itself, at this point. Someone’s doing the writing, and as far as what Samsung has written for smartphones is concerned, it’s the navigation most others are relying on. Circle to Search was the biggest pitch Galaxy AI made, this time last year....
photo: Creative Commons / Janitors
UBS has cut 10,000 jobs since Credit Suisse takeover in 2023
UBS Group has cut more than 10,000 roles since it bought Credit Suisse, marking a milestone in the lender’s efforts to integrate its former rival. Get...
photo: AP / Mark Lennihan
Taiwan Bans Public Agencies From Using China’s DeepSeek
Taiwan has told public agencies not to use the artificial intelligence (AI) service from DeepSeek, joining a...
photo: AP / Photo/Andy Wong
China counters with tariffs on U.S. products. It will also investigate Google
China countered President Donald Trump’s across-the-board tariffs on Chinese products with tariffs on select U.S. imports Tuesday, as well as announcing an antitrust investigation into Google and other trade measures....
photo: AP / Susan Walsh, File
Mexican president says US tariffs are put on hold for one month
Mexican President Claudia Sheinbaum announced Monday that the 25% tariffs imposed by US President Donald Trump on Feb. 1 will be put on hold for a month. In a statement on her X account, Sheinbaum said she had a call with Trump, during which both leaders reached agreements on their shared border and...
photo: WN / RTayco
Potential offshore oil and gas prospects found in South Korea
The country's drilling initiative is part of a broader strategy to reduce reliance on fossil fuel imports. US geoscience research company Act-Geo has discovered 14 additional offshore oil and gas prospects in South Korea’s East Sea, marking a significant development for the country’s...
photo: WN / RTayco

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