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China’s DeepSeek prompts global selloff in AI-linked stocks
NEW YORK/LONDON/SINGAPORE, Jan 27 (Reuters) – Investors sold off a host of technology stocks from Tokyo to New York on Monday as they worried that the emergence of a low-cost Chinese artificial intelligence model would threaten the dominance of current AI leaders such as Nvidia (NVDA.O), opens new tab. Startup DeepSeek launched a free AI…
Germany to halve federal aid for refugees next year – sources
BERLIN, Sept 26 (Reuters) – Germany plans to halve the federal aid allocated for states to cover the expenses of receiving and integrating refugees next year, the finance ministry said on Tuesday, as part of belt-tightening amid soaring inflation and economic slowdown. More than 1 million Ukrainians sought refuge in Germany after Moscow’s invasion in…
Ontario agrees to suspend electricity surcharge ahead of talks with US
The government of Ontario on Tuesday backed off its threat to impose a surcharge on electricity to three U.S. states amid broader trade talks. In a joint statement from Ontario Premier Doug Ford and Commerce Secretary Howard Lutnick, the two leaders said they had a “productive conversation about the economic relationship between the United States and Canada.”…
Threads hits 100 million sign-ups within first week
Meta CEO Mark Zuckerberg said Monday that the company’s new social media platform Threads hit 100 million sign-ups over the weekend, less than a week after the app’s launch. “Threads reached 100 million sign ups over the weekend. That’s mostly organic demand and we haven’t even turned on many promotions yet. Can’t believe it’s only been…
France, Moldova To Sign Defence Deal Thursday: Paris
French President Emmanuel Macron and Moldovan leader Maia Sandu will sign a defence cooperation agreement in Paris on Thursday, his office said, as tensions mount between Chisinau and pro-Russian separatists. Their meeting in the French capital will take place after pro-Russian officials in Moldova’s breakaway region of Transnistria last week appealed to Russia for “protection”….
