AFP
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Deal agreed to save Frankfurt's euro sculpture
A landmark blue and yellow euro sculpture in the German financial capital Frankfurt, created to mark the single currency's introduction, has been saved after a deal was struck, officials said Monday. But a deal struck between the ECB, city authorities and pro-EU group Europa Union Frankfurt (EUF) will ensure the work is preserved, city official Eileen O'Sullivan announced.
Trump says to sign order blocking AI regulation by states
President Donald Trump said Monday he will attempt to strip states of the right to regulate the surging AI industry, arguing centralized rulemaking is vital to maintain US dominance.
Paramount counters Netflix with hostile bid for Warner Bros
Paramount launched an all-cash tender offer Monday to acquire Warner Bros. Trump weighed in on Sunday, saying Netflix's effort to acquire Warner Bros. "could be a problem" as it would be left with a huge market share of the film and TV industry.
Meta to allow European users to share less data: EU
Meta will allow European users of Facebook and Instagram to share less data and see fewer personalised ads after it was fined for breaking EU digital rules, Brussels said Monday. Under the system, which has been vehemently criticised by rights groups, users have to pay to avoid data collection, or agree to share their data with Facebook and Instagram to keep using the platforms for free.
Louvre trade unions call for rolling strike next week
Trade unions at the Louvre Museum in Paris on Monday called for a rolling strike next week over working conditions, piling more bad news on the beleaguered institution.
China's trade surplus tops $1 trillion despite plunge in US-bound exports
China's towering annual trade surplus surpassed $1 trillion for the first time last month, data showed Monday, as a sharp drop in shipments to the United States was offset by surging exports to other major markets.
Asian stocks stagger as traders prepare for expected US rate cut
Asian equities drifted Monday as investors gear up for an expected US interest rate cut this week, with debate centring on the likelihood the Federal Reserve will continue easing monetary policy further into the new year. The data did little to move the needle on rate expectations but showed that it remains stubbornly above officials' target.
Trump airs doubt about Netflix acquisition of Warner Bros.
US President Donald Trump commented Sunday on Netflix's effort to acquire storied Hollywood studio Warner Bros., saying the streaming giant already has "a very large market share" and "it could be a problem."
Macron threatens China with tariffs over trade surplus
French President Emmanuel Macron said he has threatened China with tariffs if Beijing fails to take steps to reduce its massive trade surplus with the EU, in remarks published Sunday. During his visit to China, Macron said the EU needed to accept more Chinese direct investment as part of efforts to reduce the trade deficit.
AFP
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