Brussels — Teresa Ribera will have to square up to Big Tech, banks and airlines if confirmed as Europe’s new antitrust chief, while juggling calls for looser rules to help create…
more ...France uses tough, untested cybercrime law to target Telegram’s Durov
PARIS — When French prosecutors took aim at Telegram boss Pavel Durov, they had a trump card to wield – a tough new law with no international equivalent that criminalizes tech…
more ...AI videos of US leaders singing Chinese go viral in China
WASHINGTON — “I love you, China. My dear mother,” former U.S. President Donald Trump, standing in front of a mic at a lectern, appears to sing in perfect Mandarin. “I cry…
more ...Over 100 striking Samsung workers detained by Indian police for planning march
CHENNAI, India — Police on Monday detained 104 striking workers protesting low wages at a Samsung Electronics plant in southern India as they were planning a protest march without permission, with…
more ...Air Canada, pilots’ union reach tentative agreement to avoid shutdown
OTTAWA, Ontario — Air Canada and the union representing its pilots have come to terms on a labor agreement that is likely to prevent a shutdown of Canada’s largest airline. Talks…
more ...US Fed expected to announce its first interest rate cut since 2020
Washington — The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on Wednesday, with policymakers expected to debate how big a move…
more ...Robot begins removing Fukushima nuclear plant’s melted fuel
tokyo — A long robot entered a damaged reactor at Japan’s Fukushima nuclear power plant on Tuesday, beginning a two-week, high-stakes mission to retrieve for the first time a tiny amount…
more ...China’s economy softens in August as Beijing grapples with lagging demand
BEIJING — China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand. Data published by…
more ...Apple faces challenges in Chinese market against Huawei’s tri-fold phone
Taipei, Taiwan — The U.S.-China technology war is playing out in the smartphone market in China, where global rivals Apple and Huawei released new phones this week. Industry experts say Apple,…
more ...White House takes aim at Chinese fast fashion
Washington — The White House said on Thursday it is acting on Democratic lawmakers’ demands to close what they see as a legal loophole that allows manufacturers — most from China — to…
more ...AI not a US election gamechanger yet, officials say
Washington — When the U.S. announced the seizure of 32 internet domains tied to Russian efforts to ply American voters with disinformation ahead of November’s presidential election, prosecutors were quick to…
more ...US inflation reaches 3-year low as Federal Reserve prepares to cut interest rates
Washington — The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates…
more ...European business confidence in China is at an all-time low, report says
HONG KONG — China must reprioritize economic growth and reforms and boost investor confidence by leveling the playing field for all companies in the country, a European business group said Wednesday. …
more ...China takes lead in critical technology research after ‘switching places’ with US
SINGAPORE — An Australian think tank that tracks tech competitiveness says China is now the world leader in research on almost 90% of critical technologies. In a newly released report, the…
more ...Google, Apple lose court fights against EU, owe billions in fines, taxes
LONDON — Google lost its last bid to overturn a European Union antitrust penalty, after the bloc’s top court ruled against it Tuesday in a case that came with a whopping…
more ...Zimbabwe rolls out hefty fines for poor telecommunications services
Harare, Zimbabwe — Zimbabwe’s government has introduced hefty fines of up to $5,000 for poor service in the country’s telecommunications industry. In a statement Tuesday, Zimbabwe’s ICT Minister Tatenda Mavetera said…
more ...African nations boost gold reserves amid economic uncertainty
Nairobi, Kenya — Central banks in Africa are turning to gold to protect themselves from economic and geopolitical instability and to diversify their financial portfolios. In September 2023, the price of…
more ...Google loses final EU court appeal against $2.7 billion fine in antitrust shopping case
London — Google lost its final legal challenge on Tuesday against a European Union penalty for giving its own shopping recommendations an illegal advantage over rivals in search results, ending a…
more ...Australia plans age limit to ban children from social media
SYDNEY — Australia will ban children from using social media with a minimum age limit as high as 16, the prime minister said Tuesday, vowing to get kids off their devices…
more ...Apple embraces AI craze with newly unleashed iPhone 16 lineup
CUPERTINO, California — Apple on Monday charged into the artificial intelligence craze with a new iPhone lineup that marks the company’s latest attempt to latch onto a technology trend and transform…
more ...China’s Xi, Spain’s Sanchez seek to ease EU-China trade disputes
beijing — Chinese President Xi Jinping on Monday urged visiting Spanish Prime Minister Pedro Sanchez to play a “constructive role” in improving strained ties between Bejing and the European Union. Sanchez…
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