AFP
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Author's articles
OpenAI wins $200 mn contract with US military
The US Department of Defense on Monday awarded OpenAI a $200 million contract to put generative artificial intelligence (AI) to work for the military.
G7 leaders urge Trump to ease off trade war
World leaders at the Group of Seven summit in Canada on Monday tried to push US President Donald Trump to back away from his punishing trade war that poses a risk to global economic stability. A source at the summit said that French President Emmanuel Macron urged the American leader to quickly end the trade conflict once and for all.
Fighter jets, refuelling aircraft, frigate: UK assets in Mideast
Britain is deploying extra fighter jets and other assets to the Middle East amid the escalating conflict between Israel and Iran, UK Prime Minister Keir Starmer has said. RAF Typhoon jets aided Israel in April 2024 when they shot down an unspecified number of drones fired by Iran, as confirmed by the UK's then-prime minister, Rishi Sunak.
Struggling Gucci owner's shares soar over new CEO reports
Shares in Gucci owner Kering jumped Monday over reports that the outgoing boss of French automaker Renault would take over as chief executive of the struggling luxury group. Le Figaro newspaper reported that de Meo would take over at Kering, the French luxury group that owns Gucci, Yves Saint Laurent, Balenciaga and other premium brands.
France shuts Israeli weapons booths at Paris Air Show
Geopolitical tensions roiled the opening of the Paris Air Show on Monday as French authorities sealed off Israeli weapons industry booths amid the conflicts in Iran and Gaza, a move that Israel condemned as "outrageous".
China factory output slumps but consumption offers bright spot
China's factory output grew slower than expected last month as trade war pressures bit, official data showed Monday, while a bump in a key gauge of domestic consumption offered a rare bright spot for the economy.
Oil prices rise further as Israel-Iran extends into fourth day
Oil prices extended gains Monday as Israel and Iran pounded each other with missiles for a fourth day and threatened further attacks, stoking fears of a lengthy conflict that could reignite inflation.
Renault boss Luca de Meo to step down, company says
The head of French carmarker Renault, Luca de Meo, is to quit "to take on new challenges outside the automobile sector", the company said on Sunday. "After five years leading Renault Group, Luca de Meo has announced his decision to leave his position," said a company statement, adding that his departure would take effect on July 15.
US Fed set to hold rates steady in the face of Trump pressure
The US central bank is expected to keep interest rates unchanged for a fourth straight policy meeting this week, despite President Donald Trump's push for rate cuts, as officials contend with uncertainty sparked by the Republican's tariffs. But Powell has defended US central bank independence over interest rates when engaging with Trump.
AFP
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