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Trump heads to South Korea with all eyes on Xi meeting
US President Donald Trump heads Wednesday for South Korea, where a key meeting with Chinese leader Xi Jinping could produce a truce in the blistering trade war between the world's two largest economies. The US president will head to Gyeongju for a summit with South Korean President Lee Jae Myung -- their second in-person talks just two months after a meeting in Washington.
Uber partners with Nvidia to deploy 100,000 robotaxis
Uber and Nvidia on Tuesday announced an alliance to deploy 100,000 robotaxis starting in 2027. "Together with Uber, we're creating a framework for the entire industry to deploy autonomous fleets at scale, powered by Nvidia AI infrastructure," Nvidia chief executive Jensen Huang said in a release.
Apple ordered to pay French operators 39 mn euros over iPhone sales
A French court has ordered Apple to pay around 39 million euros ($45 million) to mobile network operators over accusations it imposed unfair contract conditions to allow them to sell iPhones.
Why are stock markets hitting record highs?
Why have stock markets around the world -- from Wall Street to Tokyo and from Paris to Seoul, been striking record highs despite the uncertain political and economic outlook? - Corporate earnings results - The corporate earnings calendar also plays a key role in driving stock markets to record highs.
Berlin says Rosneft subsidiaries not impacted by US sanctions
US sanctions targeting Rosneft will not impact the Russian oil giant's German subsidiaries, the German government told AFP Tuesday, downplaying fears their operations could be affected as they were not formally excluded.
Musk launches Grokipedia to rival 'left-biased' Wikipedia
Elon Musk's company xAI has launched a website called Grokipedia to compete with online encyclopedia Wikipedia, which he and others on the American right wing have accused of ideological bias. Several right-wing figures welcomed the launch of Grokipedia.
Amazon cuts staff by 14,000
US online retail and cloud computing giant Amazon said Tuesday that it is reducing its workforce by 14,000 posts to streamline operations as it invests in artificial intelligence, without saying where the cuts will be made. Amazon chief executive Andy Jassy has lauded the potential of AI to streamline workplace operations, from engaging with customers online to making offices more efficient.
European court clears Norway of climate misconduct over oil licences
The European Court of Human Rights said Tuesday that Norway did not breach its climate obligations when it awarded Arctic oil and gas exploration licenses in 2016. "The court clearly finds that we are not breaching human rights," he told AFP in an email.
Asian markets cool as Trump hails ties on Japan trip
Asian markets cooled off Tuesday after the previous day's surge as traders digested Donald Trump's visit to Asian ally Japan, ahead of his high-stakes talks with Chinese President Xi Jinping later this week. In Tokyo on Tuesday, Trump met new Japanese Prime Minister Sanae Takaichi, declaring that the United States was "an ally at the strongest level".
AFP
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