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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.
Number's up: Calculators hold out against AI
The humble pocket calculator may not be able to keep up with the mathematical capabilities of new technology, but it will never hallucinate. Those attempts have accelerated with AI. - Scoring gold - In July, AI models made by Google, OpenAI and DeepSeek reached gold-level scores at the annual International Mathematical Olympiad (IMO).
Divided US Fed set for contentious interest rate meeting
While the US Federal Reserve's final interest rate meeting this year could see an unusual amount of division, financial markets view a third straight interest rate cut as nearly certain. But if appointed, Hassett could also face pressure from financial markets to buck the White House on interest rates if inflation worsens.
Will EU give ground on 2035 combustion-engine ban?
Europe's embattled auto industry and its backers are ramping up pressure on the EU to relax its planned 2035 ban on new petrol and diesel car sales -- hoping for a decision by year end. "If we abandon the 2035 target, forget about European battery plants," President Emmanuel Macron warned after an EU summit in October.
AFP
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