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China's chip challenge: the race to match US tech
China's push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle to match the technical might of US powerhouse Nvidia within the current decade. The hype has also sharply driven up stocks in the smaller chipmaker Cambricon, sometimes dubbed "China's Nvidia".
'My heart sank': Surging scams roil US job hunters
After a series of interviews, Nicole Becker was ecstatic to receive a job offer from a sportswear brand. In July, a purported Chinese brand offered Becker -- a 37-year-old based in Oregon -- a coveted role to lead global communications after an elaborate and legitimate-looking recruitment process that stretched over two weeks.
Competition heats up to challenge Nvidia's AI chip dominance
The artificial intelligence (AI) revolution has whetted the appetites of Nvidia's competitors, who are seeking to close the gap on the chip giant, which has so far been the central playmaker in the AI revolution.
France unveils new government amid political deadlock
French President Emmanuel Macron named a new government on Sunday, putting together a team of largely familiar faces under Prime Minister Sebastien Lecornu as he struggles to pull the country out of a political crisis. In appointing Lecornu in early September, Macron plumped for one of his closest allies rather than seeking to broaden the appeal of the government across the political spectrum.
Italy working hard to prevent extra US tariffs on pasta
Italy has appealed to Washington and the European Commission in an attempt to dissuade the US from imposing a punitive tariffs on pasta imports, a deeply unpopular measure among producers.
Opec+ plus to raise oil production by 137,000 barrels a day in November
Saudi Arabia, Russia and six other members of Opec+ on Sunday decided to raise their production quotas by 137,000 barrels per day in November, as they continue to push for greater market share. In the past few months, Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Oman and Algeria have already raised their quotas by more than 2.5 million barrels a day.
OPEC+ meets with future oil production hanging in the balance
Saudi Arabia, Russia and six other key members of the OPEC+ alliance are likely to agree to raise crude output when they meet virtually on Sunday, with analysts divided over the size of the expected hike.
French air traffic controllers cancel three-day strike
French air traffic controllers have called off a three-day strike that threatened to disrupt European skies next week, a top union said on Saturday. In early July, French air traffic controllers staged a strike that brought chaos to European skies.
Flights resume at Munich airport after second drone scare
Flights resumed "progressively" on Saturday at Munich airport, but delays were expected after a drone scare caused a second shutdown in as many days, affecting over 6,500 passengers, the operator said. Forty-six departures from the airport had to be cancelled or delayed until Saturday, with a total of 6,500 passengers affected.
AFP
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