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German plans to lower industrial power costs from January
Germany plans to begin a scheme to slash energy costs for power-hungry manufacturers in January, the economy minister said Monday, part of efforts to revive Europe's struggling industrial powerhouse. "I am assuming that we will introduce the industrial electricity price from January 1, 2026," Economy Minister Katherina Reiche said at a conference in Berlin.
Video game creators fear AI could grab the controller
Generative artificial intelligence models capable of dreaming up ultra-realistic characters and virtual universes could make for cheaper, better video games in future, but the emerging technology has artists and developers on edge.
France threatens Shein ban if 'childlike' sex dolls reappear
France's finance minister threatened Monday to ban Shein from the country if the Asian e-commerce giant resumes selling "childlike" sex dolls, just days before it opens its first physical store in Paris. Shein is due on Wednesday to open its first physical store in the world inside the prestigious BHV Marais department store in central Paris, a move that has sparked outrage in France.
Most Asian markets rise on lingering trader optimism
Most stocks rose in Asian trade Monday after a busy last week, with optimism supported by another AI-led tech rally on Wall Street. Wall Street's gains Friday were tracked in most of Asia at the start of the week.
Trump's global tariffs to face challenge before Supreme Court
The US Supreme Court is set to hear arguments Wednesday on the legality of Donald Trump's unprecedented use of powers for sweeping global tariffs in a case striking at the heart of the president's economic agenda. Even if the top court found Trump's global tariffs illegal, the administration could tap other laws to impose 15-percent tariffs for 150 days.
'Regretting You' wins spooky slow N. American box office
Paramount's "Regretting You," the latest film adaptation of a Colleen Hoover novel, finished first place in a lackluster Halloween weekend at the North American box office, industry estimates showed Sunday. Last week's first place finisher -- Japanese anime feature "Chainsaw Man - The Movie: Reze Arc" -- dropped to third place with $6.0 million.
Death becomes a growing business in ageing, lonely South Korea
Rows of coffins line a university classroom in the South Korean port city of Busan, ready for use in training the funeral directors of the future in a rapidly ageing country. Students at the Busan Institute of Science and Technology carefully draped a mannequin in traditional Korean funeral cloth, smoothing the fabric as if over real skin, before gently lowering it into a coffin.
'I can't eat': Millions risk losing food aid during US shutdown
Approximately one in eight Americans receive food stamp benefits from the US government, a program at risk of losing its funding as of Saturday due to the government shutdown.
OPEC+ looks set to further hike oil output
Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to agree to further hike oil production in a virtual meeting Sunday, as the group continues to seek greater market share.
AFP
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