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Trump says US will allow sale of Nvidia AI chips to China
President Donald Trump said Monday he had reached an agreement with President Xi Jinping to allow US chip giant Nvidia to export advanced artificial intelligence chips to China. Under Biden-era restrictions, the H200 and similar advanced chips were blocked from export to China.
EU pushes back 2035 combustion-engine ban review to Dec. 16
A highly-anticipated review of the EU's 2035 ban on new petrol and diesel car sales has been pushed back to next week, the European Commission said Monday. German Chancellor Friedrich Merz has emerged as a leading voice in support of car manufacturers, urging Brussels to allow sales of plug-in hybrids, range-extender vehicles and highly efficient combustion engines beyond 2035.
Boeing closes takeover of aviation supplier Spirit
Boeing announced Monday that it completed an acquisition of aerospace supplier Spirit AeroSystems, saying the move will allow for more seamless operations and enhance quality control.
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.
AFP
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