Business & Technology

How to choose a home EV charging station (Wallbox): expert advice
Charging station distributor MMX Energy explains what power output and features a home Wallbox needs. An 11 kW unit suits most households, with prices ranging from 600 to 750 euros.
iAuto.lv · 8 Sept, 12:09

Ministry: local grain deliveries not being refused at Latvian ports
Latvia's Transport Ministry says it has no reports of ports refusing local farmers' grain, while the government has ordered ports and the railway to prioritize domestic agricultural cargo and may soon let food inspectors test transit grain origin.
BNN · 8 Sept, 12:09

Jaguar Land Rover to cut 4,000 jobs worldwide
British carmaker Jaguar Land Rover announced plans to cut around 4,000 jobs globally over the next two years as it seeks to reduce costs and strengthen its finances. The company, hit by weaker sales, supply disruptions and last year's cyberattack, will simultaneously invest up to £18 billion in new technologies.
Euronews Business · 8 Sept, 12:07
UK ClimateTech VC Clean Growth Fund raises €94.5 million in Fund II's second close
UK-based climate technology venture capital platform Clean Growth Fund has completed the second close of its Fund II vehicle, bringing total commitments to €94.5 million. The amount surpasses the halfway mark toward its €174 million target.
EU-Startups · 8 Sept, 11:11

Dacia unveils new Spring: an electric car under €18,000
Dacia has presented the next-generation Spring electric car, which will now be built in Europe instead of China and is targeted at a starting price below €18,000. Orders open on September 15.
iAuto.lv · 8 Sept, 11:10

Xiaomi's new wide foldable outguns Samsung on specs
Xiaomi has unveiled the 18 Fold, a wide book-style foldable with a squatter screen shape than Samsung's Galaxy Z Fold 8 but a notably bigger battery, brighter display and stronger camera setup. The device is currently only available in China.
The Verge · 8 Sept, 10:08
London-based Veridue raises €3.4 million to grow its platform
London-based Veridue, an AI-driven due diligence and M&A platform for renewable energy and data centre projects, has raised a €3.44 million pre-Seed round. The funding will support the wider rollout of its platform.
EU-Startups · 8 Sept, 09:11

Swedbank grants €65 million to SĀGA shopping centre
Swedbank has provided €65 million in financing to the SĀGA shopping and leisure centre near Riga, becoming its financial partner. The centre continues expanding its infrastructure and investing in sustainability, including solar energy.
Dienas Bizness · 8 Sept, 09:10

Lithuanian fund sells Riga plot meant for co-living project
A fund managed by Lithuania's Eika Asset Management has sold a plot of land in Riga where it had planned a co-living project of more than 250 apartments. The land was bought by local company Adoro Properties.
Dienas Bizness · 8 Sept, 08:12
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Martinovs: airBaltic should fly where it is strong
airBaltic supervisory board chairman Andrejs Martinovs told LETA that Latvia's national airline needs to maintain a rational market share and focus on routes where it is competitive.
TVNET · 8 Sept, 08:11

OpenAI releases GPT-6 Astra: excitement over an "AGI era" and safety concerns
OpenAI this week released its new AI model GPT-6 Astra, hailed by some industry leaders as a step toward artificial general intelligence, while researchers warn of reduced transparency and safety risks.
4 avoti · 8 Sept, 07:16

airBaltic Executive: Airline's Market Share Will Not Shrink Despite Route Adjustments
An airBaltic representative expressed confidence that the airline's market share will remain stable as the company works to secure up to €257 million in bridge financing ahead of a bondholder meeting on September 11.
Dienas Bizness · 8 Sept, 07:12

Why inefficient collateral enforcement makes loans more expensive in Latvia
Finance Latvia Association chairman Uldis Cērps argues that loan pricing and availability in Latvia depend heavily on how quickly and predictably banks can enforce collateral when borrowers default. He points to weaknesses ranging from land registry procedures to near-zero recovery from board members' liability claims.
Žurnāls Ir · 8 Sept, 07:10

Latvian Financial Sector Association head: too many extra burdens have piled up
Uldis Cērps, head of the Financial Sector Association, calls for reducing taxes and regulatory burdens on Latvia's financial sector, citing the bank solidarity levy and lessons from the recent storm.
Jauns.lv · 8 Sept, 07:09

Communications consultant Marija Vorkule discusses her path from freelancer to entrepreneur
Magazine Ir has published an interview with communications consultant and entrepreneur Marija Vorkule about her attitude toward money, risk and investing while building her own business.
Žurnāls Ir · 8 Sept, 06:13

Trump threatens to block Bombardier jet sales in the US
US President Donald Trump has warned Canadian planemaker Bombardier it will no longer be allowed to sell aircraft in the US unless it relocates manufacturing there, amid a deepening trade dispute between the two countries.
BBC World · 8 Sept, 06:11

Opendoor founder's new startup NavigateAI tackles construction labor shortage with AI
Eric Wu, who previously built and ran real estate startup Opendoor, has launched NavigateAI, an AI copilot for construction and field workers. The company came out of stealth in May with $25 million in seed funding.
TechCrunch · 8 Sept, 06:10

Volkswagen ID. Polo demand exceeds expectations, waiting times reach up to 10 months
Volkswagen has received more than 30,000 European orders for its new ID. Polo electric car, pushing delivery times for some versions up to ten months.
iAuto.lv · 8 Sept, 06:10

Latvenergo's customer base nears one million as company eyes new markets
Latvenergo board member M.Čakste says the company could revisit plans to enter the Polish market once the Baltic market reaches saturation, while also expanding into data centre development. The company also reflects on major recent shifts in the energy sector.
Dienas Bizness · 8 Sept, 06:08

Latvia's Agriculture Ministry: farming sectors must find new paths for growth
A Ministry of Agriculture official says Latvia's farming sectors need new development approaches amid shifting markets and climate conditions, treating EU support as a tool rather than an end goal. Cooperation, export strategy and science will play a growing role.
Jauns.lv · 8 Sept, 06:07

Two years after the Draghi report, Europe's telecom reforms still lag
On the second anniversary of Mario Draghi's competitiveness report, only a small share of its recommendations have been fully implemented, with digital and telecom policy lagging even further behind. Industry voices warn that without decisive reform, Europe risks falling behind in the global tech race.
Politico Europe · 8 Sept, 06:07

How Long Should a Laptop Battery Last on a Single Charge?
Experts outline how many hours different laptop types should run on a single charge and what habits help extend battery lifespan. Proper settings and charging routines can prevent the need for costly early battery replacement.
Engadget · 8 Sept, 05:11

Audi Nuvolari: why the €600,000 supercar has no fixed rear wing
Audi has revealed details behind the design of its new €600,000 Nuvolari supercar, including an internal dispute over the rear wing that shaped its final look. A compromise solution balanced aerodynamic performance with a clean design.
iAuto.lv · 8 Sept, 05:09

Arm's new AI graphics chip could bring PC-like boosts to mobile gaming
British chip designer Arm has unveiled the Mali G2-Ultra NX GPU, which uses AI techniques similar to Nvidia's DLSS to boost mobile game performance. The technology debuts in China with Xiaomi devices before expanding globally next year.
The Verge · 8 Sept, 05:08

Latvian companies eye export growth for dual-use technologies
Around 200 Latvian and foreign companies showcased civilian-and-military-use technologies at a two-day forum in Rēzekne, aiming to boost exports and adoption within Latvia's own defence sector.
LSM · 8 Sept, 04:15

How Should a Business Owner Pay Themselves?
A sworn attorney explains that entrepreneurs must distinguish between three separate roles — shareholder, board member and employee — since each comes with its own legal way of receiving money from the company.
Žurnāls Ir · 8 Sept, 04:12

How to reset your iPhone's camera settings to default
Apple offers no single button to reset iPhone camera settings, but users can restore defaults through the Preserve Settings menu or a full settings reset. This is useful for anyone who has heavily customized their camera or bought a pre-owned iPhone with altered settings.
Engadget · 8 Sept, 04:07

Madara Cosmetics co-founder: profit is essential, but wealth means more than money
Madara Cosmetics co-founder Lotte Tisenkopfa-Iltnere says that after 20 years in business, her relationship with money is still not entirely worry-free, though she stresses that profit is essential for any company.
Žurnāls Ir · 8 Sept, 03:12

Chromebook as your main PC: weighing the pros and cons
Chromebooks offer simplicity, strong security and low prices, but their usefulness is limited by internet dependence and software compatibility gaps. Anyone considering a switch from Windows or Mac should weigh both sides.
Engadget · 8 Sept, 03:07

Latvia's Second-Pillar Pension Savings Hit Historic Record Above €11 Billion
Latvia's second-pillar pension savings surpassed €11 billion by the end of July, with roughly €3.5 billion of that generated through financial market investments. Growth has been driven largely by rising valuations of technology and artificial intelligence companies.
Jauns.lv · 8 Sept, 02:13

Little-known Shopify tools company tops Latvia's most profitable startups list
Latvia's list of the ten most profitable startups for 2025 is led by the little-known company Matrixify, which earned €14 million, while the sector overall reported growth in both revenue and tax payments.
Žurnāls Ir · 8 Sept, 02:13

GM keeps CarPlay and Android Auto for one EV despite broader phase-out
General Motors is dropping Apple CarPlay and Android Auto across its lineup in favor of its own infotainment system, but the 2027 Cadillac Lyriq will remain an exception with support for both.
Engadget · 8 Sept, 02:07

Signet Bank chief: better to learn from others' financial mistakes than your own
Signet Bank board chairman Roberts Idelsons urges business owners to seek financial advice early and speak openly about mistakes, warning that such errors can slow a company's growth for years.
Žurnāls Ir · 8 Sept, 01:12
Oil Prices Jump to Six-Week High as US-Iran Clashes Disrupt Strait of Hormuz
Oil prices have surged to their highest level in six weeks after clashes between US and Iranian forces disrupted shipping traffic in the strategically vital Strait of Hormuz. Markets are reacting to fears of supply disruptions along the key oil transit route.
Al Jazeera · 8 Sept, 01:11

6 ways to get more out of your Apple Wallet
Apple Wallet offers far more than storing payment cards, including bill splitting, digital IDs and order tracking. iOS 27 has added several new features that many users may not know about yet.
Engadget · 8 Sept, 01:07
Cuba rejects talks with US amid record losses from trade embargo
Cuba has announced it will not enter negotiations with the United States, citing record economic losses caused by the long-standing US trade embargo. The country's foreign minister described months of severe power blackouts affecting the population.
Al Jazeera · 8 Sept, 00:12