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UK-EU set to seal closer ties in first summit since Brexit
UK Prime Minister Keir Starmer was set to seal a deal for closer ties with the European Union at a landmark summit on Monday, opening a new chapter after Britain's acrimonious exit from the bloc five years ago. Starmer has pushed for closer UK ties with its European neighbours.
Ryanair annual profit drops 16% as fares fall
Irish no-frills carrier Ryanair on Monday said net profit fell 16 percent in its financial year as it cut ticket prices to boost passenger numbers. It warned that it expected just a three percent growth in passenger numbers for the 2026 financial year due to delayed Boeing deliveries.
Nvidia unveils plan for Taiwan's first 'AI supercomputer'
Nvidia boss Jensen Huang announced plans for Taiwan's "first AI supercomputer", as he showcased on Monday the company's latest advances in artificial intelligence. Huang said Nvidia would work with Taiwanese tech giants Foxconn and TSMC as well as the government to build Taiwan's "first AI supercomputer .. for the AI infrastructure and AI ecosystem".
Asian markets drop after US loses last triple-A credit rating
Asian stocks fell with the dollar Monday after Moody's removed the United States' last gold standard sovereign bond rating, citing the growing debt pile that it warned could balloon further.
China factory output beats forecasts, weathering tariffs
Factory output in China grew at a faster rate than expected last month, official data showed Monday, weathering a brutal trade war with Washington. Data on Monday showed retail sales, a key gauge of domestic demand, grew 5.1 percent year-on-year last month, short of the 5.8 percent growth forecast by Bloomberg.
$TRUMP dinner blurs lines between profit and politics
More than two hundred guests on Thursday will make their way to a ritzy country club just up the Potomac River from Washington, ready for a sumptuous dinner hosted by the president of the United States.
France to unveil €37 bn in foreign investment at Versailles summit: presidency
France will announce 37 billion euros ($41.3 billion) in foreign investment on Monday as President Emmanuel Macron hosts more than 200 top executives at a business summit in Versailles, the French presidency said. The remaining 17 billion euros was announced in February and has now been finalised and tied to specific sites, the presidency added.
Global chip giants converge on Taiwan for Computex
Global semiconductor chip giants will gather at Taiwan's top tech expo this week to showcase "the next frontier" for an industry dominated by artificial intelligence.
Control tower breakdown brings flight chaos to Paris airport
A control tower breakdown forced the cancellation of about 130 flights at Paris Orly airport Sunday, leaving thousands of passengers to scramble for alternative routes, officials said. The airport spokesman said about half the 130 cancelled flights were departures and half incoming flights.
AFP
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