Business

The logo of Huawei is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 12, 2025. REUTERS/Benoit Tessier  SAO PAULO — China’s Huawei will sell batteries to British business Aggreko for a renewable energy project in Brazil’s Amazon …

Smoke rises following an explosion, after Israel and the U.S. launched strikes on Iran, in Tehran, Iran, March 1, 2026. (Reuters/Majid Asgaripour/WANA (West Asia News Agency) ) HONG KONG — Oil prices soared and stocks fell in Asia on Monday after US-Israeli strikes on Iran sent investors fleeing the prospect of …

LONDON — As a fresh Middle East conflict risks sending oil prices sharply higher, Saudi Arabia, Russia and six other key members of the OPEC+ alliance are widely expected to announce an output increase Sunday, analysts say. The virtual meeting by the eight members of the Organization of the Petroleum Exporting …

PARIS — Massively popular video game “Fortnite,” TV news graphics, and acclaimed animated series and films have something in common: use of the powerful Unreal Engine that is quickly becoming the go-to tool for 3D projects beyond the video games industry. Created for the 1998 game “Unreal” by Tim Sweeney — …

BERKSHIRE Hathaway’s new Chief Executive Greg Abel moved to put his stamp on the conglomerate with his first annual letter to shareholders on Saturday, pledging to maintain its “fortress-like” balance sheet and uphold the values of his predecessor and mentor, Warren Buffett. Abel, 63, said he wouldn’t rush to deploy …

Olam almonds are seen in this illustration photo September 12, 2017 (REUTERS/Thomas White/Illustration/File)  SINGAPORE’S Olam Group reported a more than five-fold jump in annual profit on Friday, driven by strong performance across its businesses including Olam Agri, but said it would not pay a final dividend to conserve cash for …

Bull statues stand in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square in Hong Kong, China, August 18, 2023 (REUTERS/Tyrone Siu/File Photo)  HONG KONG’s new-listing pipeline sprang back to life after the Lunar New Year break, with four offerings launched on Friday morning …

NEW YORK — US stocks sank Friday as Wall Street kept punishing companies that could become losers in the artificial-intelligence revolution. A surprisingly discouraging update on inflation also hurt the market, while oil prices climbed with worries about tensions between the United States and Iran. The S&P 500 fell 0.4% and staggered …

Memory demands for AI data centres ‘sucking all the oxygen out of the room’ A stick of random access memory, or RAM, rests on an open laptop. The boom of investment in artificial intelligence has led to a shortage of the world’s memory chip supply, and it’s nothing short of …

Directive comes amid a feud between the Pentagon and the company over how technologies are used by military President Donald Trump walks to speak with reporters at the White House on Friday in Washington. (Alex Brandon/Associated Press)  U.S. President Donald Trump said Friday that he was ordering all federal agencies to …