AFP
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Steel at heart of new Trump trade war
US President Donald Trump's new tariffs on steel promise to further complicate a strategic industry already destabilised by Chinese overproduction and Europe's stuttering blast furnaces. Steel, so key to the second industrial revolution of the late 19th and early 20th century, remains a strategic industry around the world.
US federal workers weigh Trump buyout as court to step in
US federal workers face another deadline Monday to accept a mass buyout from their government jobs as a judge holds a key hearing on whether the offer is legal. Federal Judge George O'Toole last week said he accepted the case and will hold a first hearing in a Boston courtroom at 2:00 pm (1900 GMT) Monday.
McDonald's profits dented by food poisoning outbreak
McDonald's reported a dip in profits Monday as it contended with lingering effects from a US food poisoning outbreak that depressed sales in its home market. Sales hit a trough soon after the late-October outbreak, but improved later in the quarter as McDonald's bolstered marketing campaigns and value promotions, executives said on an earnings conference call.
Did cuts to shipping emissions spur more global warming?
Could a sudden drop in pollution from cargo vessels criss-crossing global shipping lanes be inadvertently making the world hotter? - Why did shipping emissions drop?
Nestle share slump adds pressure on new boss
Nestle's slumping share price is rattling shareholders and pension funds that have invested in the food giant, piling pressure on its new boss ahead of Thursday's annual results. In Switzerland, the NZZ daily newspaper warned that many Swiss citizens were affected given Nestle's weight in pension fund investment.
Nokia CEO Lundmark to be replaced by Intel AI chief Hotard
Finnish telecommunications equipment giant Nokia announced on Monday that chief executive Pekka Lundmark would step down and be replaced by Justin Hotard, the head of AI and data centres at US chip-maker Intel.
Asian markets mixed as traders weigh Trump's latest tariff salvo
Equities were mixed in Asia on Monday after Donald Trump ramped up his trade war by announcing huge tariffs on steel and aluminium imports and warned every country would face "reciprocal" levies. He also said he would announce "reciprocal tariffs" to match his government's levies to the rates charged by other countries on US products.
Government chiefs and tech leaders gather in Paris for AI summit
Political and tech industry leaders were set to descend on Paris Monday for a two-day summit on artificial intelligence, hoping to find common ground on a technology with the potential to upset global business and society. - 'Stargate' sets the pace - In a TV interview, he trailed "109 billion euros ($113 billion) of investment in artificial intelligence in the coming years" in France.
Trump says will impose 25% tariffs on US steel, aluminum imports
The United States will move to impose 25-percent tariffs on steel and aluminum imports this week, President Donald Trump said Sunday, the latest in a slew of trade levies he has announced. Canada -- which Trump has already threatened with tariffs -- is the largest source of steel and aluminum imports to the United States, according to US trade data.
AFP
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