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Merz, Macron to push for European digital 'sovereignty'
Merz, Macron to push for European digital 'sovereignty'
by  AFP

German Chancellor Friedrich Merz and French President Emmanuel Macron will join forces Tuesday to push for greater European digital "sovereignty" and less dependence on US tech titans as the AI race gathers pace. Merz and Macron are due to give keynote addresses in the afternoon at the summit, which will also be attended by digital ministers from across Europe.

Shares in 'Baby Shark' studio jump on market debut
Shares in 'Baby Shark' studio jump on market debut
by  AFP

Shares in the South Korean studio behind the ultra-catchy "Baby Shark" -- YouTube's most-viewed video -- surged as much as 60 percent on Tuesday as the company made its market debut in Seoul. In morning trade, the company's shares were up around 17 percent from their offering price of 38,000 won ($26), having earlier soared over 60 percent.

Fate of Canada government hinges on tight budget vote
Fate of Canada government hinges on tight budget vote
by  AFP

Canadian Prime Minister Mark Carney's Liberal government faced potential collapse on Monday, with parliament set to vote on a budget he insists is essential to kickstart the country's tariff-battered economy. But hours ahead of the decisive vote in parliament, Liberals voiced optimism that parliament would approve Carney's spending package and avert a snap election.

Emirates orders 65 more Boeing 777X planes despite delays
Emirates orders 65 more Boeing 777X planes despite delays
by  AFP

Emirates, the Middle East's biggest airline, topped up its order of Boeing 777X planes on Monday despite years of delays, delivering a vote of confidence to the US manufacturer at the Dubai Airshow. Emirates, already the biggest customer for the Boeing 777, now has 270 777X, 10 777 freighters and 35 Boeing 787s on order.

Trade tensions force EU to cut 2026 eurozone growth forecast
Trade tensions force EU to cut 2026 eurozone growth forecast
by  AFP

The eurozone economy will grow less than expected next year, the EU executive predicted on Monday, as risks from international trade and geopolitical tensions weigh on the single currency area. The International Monetary Fund (IMF) in October predicted the US economy would grow by 2.1 percent next year.

EU predicts less eurozone 2026 growth due to trade tensions
EU predicts less eurozone 2026 growth due to trade tensions
by  AFP

The EU on Monday cut its eurozone growth forecast for 2026 as risks from international trade and geopolitical tensions weigh on Europe's economy. "Persistent trade policy uncertainty continues to weigh on economic activity, with tariffs and non-tariff restrictions potentially constraining EU growth more than expected," the commission said in a statement.