BRUSSELS (AP) – European Union leaders, worried about the continent relying too heavily on American companies for AI and cloud computing services and Asia for microchips, are pushing back. The 27-nation bloc unveiled a “tech sovereignty” package on Wednesday with measures to promote homegrown European alternatives to Big Tech services and hardware.
HONG KONG (AP) – General Mills is selling its Häagen-Dazs ice-cream shops in mainland China to an investor group that includes Chinese tea brand Ningji. Minneapolis-based General Mills said in a statement late Monday that the deal will allow the buyers to exclusively sell the Häagen-Dazs brand in ice cream shops and gifting businesses across mainland China.
FRANKFURT, Germany (AP) – Prolonged disruption of energy supplies from the Middle East due to the Iran war would deal a severe blow to the global economy, sending some countries into recession and spreading inflation and higher unemployment, the Organization for Economic Cooperation and Development said in a report Wednesday.
Excerpts from recent editorials in the United States and abroad:
TIRANA, Albania (AP) – A massive coastal development project linked to Jared Kushner, the son-in-law of U.S. President Donald Trump, is facing growing resistance from protesters in Albania.
LONDON (AP) – Google must allow news sites to opt out of having their online content scraped to feed AI overviews and other artificial intelligence services and features for British users, regulators said Wednesday.
Japan’s Nikkei 225 index topped 68,000 for the first time on Wednesday after U.S. stocks pushed further into record territory. The dollar briefly surpassed 160 Japanese yen before slipping back slightly. Oil prices rose more than $1 a barrel. Buying of technology shares linked to the boom in artificial intelligence has been driving rallies worldwide.
TORONTO (AP) – Canada is calling on the United States and Mexico to renew the free trade agreement among their three countries for another 16 years just as U.S. President Donald Trump revives talk of making Canada the 51st state.
CBS News fired longtime “60 Minutes” correspondent Scott Pelley on Tuesday, a day after he allegedly said Editor-in-Chief Bari Weiss was “murdering the show” and accused its new producer of having “slender qualifications” for the job. The move deepened the turmoil at the nation’s most influential TV news program and the news unit that oversees it.