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Anthropic launches new AI model, touting coding supremacy
Anthropic launches new AI model, touting coding supremacy
by  AFP

US startup Anthropic on Monday announced the launch of its new generative artificial intelligence model, Claude Sonnet 4.5, which it says is the world's best for computer programming. In a key benchmark, Claude Sonnet 4.5, a new generation of language model, can operate autonomously for 30 hours straight once it is assigned a task.

Electronic Arts to be bought by Saudi-led consortium for $55 bn
Electronic Arts to be bought by Saudi-led consortium for $55 bn
by  AFP

Video game giant Electronic Arts, known for The Sims and FIFA games, announced Monday it would be acquired for $55 billion by a consortium led by Saudi Arabia's Public Investment Fund. FIFA was updated annually from 1993 to 2023, before Electronic Arts lost the license following a financial disagreement between EA and the FIFA organization.

TotalEnergies to boost output, cut $7.5 bn in costs
TotalEnergies to boost output, cut $7.5 bn in costs
by  AFP

French group TotalEnergies on Monday announced plans to increase oil, gas and electricity production while cutting spending by $7.5 billion between 2026-2030. As part of its cost-cutting plan, the company will trim annual capital expenditures to $16 billion in 2026 and $15–17 billion between 2027 and 2030 -- about $1 billion less than previous guidance.

Jaguar Land Rover to partly resume output after cyberattack
Jaguar Land Rover to partly resume output after cyberattack
by  AFP

Jaguar Land Rover on Monday said it will partially restart production in the coming days after a damaging cyberattack halted operations at its UK factories. "Some sections of our manufacturing operations will resume in the coming days," it added.

GSK switches CEO as Trump tariffs test pharma
GSK switches CEO as Trump tariffs test pharma
by  AFP

British pharmaceutical giant GSK on Monday said longtime chief executive Emma Walmsley will be replaced by its chief commercial officer in January, as the company navigates US tariffs on the sector.

Germany's Lufthansa to slash 4,000 jobs by 2030
Germany's Lufthansa to slash 4,000 jobs by 2030
by  AFP

German airline group Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of its workforce -- a move underscoring the slump gripping Europe's largest economy. Lufthansa's announcement comes just days after another major German company, industrial giant Bosch, said it would cut 13,000 jobs, or three percent of its global workforce.

Most Asian markets track Wall St higher after US inflation data
Most Asian markets track Wall St higher after US inflation data
by  AFP

Most Asian markets rose Monday, tracking gains on Wall Street, following US inflation figures that met expectations and soothed concerns about Donald Trump's latest tariff salvo. Still, investors in most markets were in a positive mood, building on Wall Street's gains.