Author: staff

Nvidia’s shares closed at a record high on Monday, driven by growing optimism around the strong demand for its new supercomputing AI chips, Blackwell. Analysts have maintained their “buy” ratings and raised price targets, reflecting confidence in the company’s continued success in the AI sector. Nvidia’s stock soared to a record high on Monday, closing up 2.4% at $138.07 (€126.6), driven by strong demand for its new Blackwell supercomputing AI chips. This marks the second time Nvidia’s shares have hit an all-time high this year, following a peak in June. The surge came amid positive analyst commentary and a broader…

BRUSSELS — When Commission President Ursula von der Leyen presented the conclusions of her Strategic Dialogue on the Future of EU Agriculture last month, it looked like a PR coup. The seven-month forum on agri-food policy had calmed both riotous farmers and outraged NGOs, while yielding an apparently balanced report that she could loot for legislative ideas. Yet that success may be short-lived. Copa-Cogeca — Europe’s largest and most influential agricultural lobby — is hardening its position, POLITICO has learned. The group’s national members were outraged by some of the dialogue’s final recommendations, particularly the need to promote plant-based diets.…

Elus, lobbyistes, membres du gouvernement ou hauts fonctionnaires… Tous construisent, inspirent, voire infléchissent, au quotidien les politiques du numérique. POLITICO a listé la crème de la crème : voici les 42 personnes les plus influentes du moment, sur les sujets liés à la régulation de la tech et au développement du numérique en France. 1. Xavier Niel Xavier Niel | Thomas Samson/AFP via Getty Images Fondateur d’Iliad Après des années de labeur, Xavier Niel a décidé de s’amuser et il le fait savoir. Son livre, “Une sacrée envie de foutre le bordel” affiche clairement la couleur — Orange comme la…

The EU is struggling to get Gulf countries on board with a series of pro-Ukraine commitments ahead of a leaders’ summit on Wednesday in Brussels, according to a draft statement seen by POLITICO.  The EU-Gulf summit, the first of its kind, is meant as a show of unity on everything from trade to energy and security. But a leaked joint statement that circulated on Monday instead highlighted the tense disputes between the EU and Gulf states over Russia’s war in Ukraine.  In one passage, for instance, the EU proposed language calling on all countries to end material aid for Russia…

European Union officials are looking for ways to bypass Hungary’s veto on the military assistance for Ukraine disbursed through the European Peace Facility (EPF). European Union officials are looking for ways to bypass Hungary’s veto on the military assistance for Ukraine disbursed through the European Peace Facility (EPF).Budapest has been blocking the transfer of €6.6 billion for about a year and a half, drawing condemnation from other member states and Ukraine which has been facing difficulties on the battlefield as winter approached.But what exactly is the EPF?The facility was created in March 2021, before the Russian war on Ukraine, as an instrument…

PARIS — Could it be a case of all bark but no bite? Paris has threatened to use all its heft to ensure the sell-off of part of Sanofi’s over-the-counter business remains producing certain medicines in France. But, during a visit to Sanofi’s factory in Normandy on Monday, France’s economy and industry ministers seemed more focused on reassuring workers and citizens that they had little to fear from the takeover by American fund CD&R, than threatening to block the deal. In previous controversial takeovers, France’s powerful economy ministry didn’t hesitate to threaten a veto in the name of French interests.…

The French president called for tariffs on Chinese EVs and a united European strategy as the auto industry struggles. As France and the EU grapple with a severe car industry crisis, French President Emmanuel Macron officially inaugurated the 90th edition of the Paris Motor Show on Monday – one of the most important events in the automobile industry. French President Macron mentioned the “difficult moment” for French and EU carmakers, due in part to the ferocious competition from Chinese rivals. He said on Monday that it’s “necessary in times like these to protect France. It’s normal to put in place tariffs” –…

Updated: 14/10/2024 – 19:31 GMT+2 Hello Kitty fans with their outfits featuring the iconic feline, participated in a “Fun Run” in Mexico City on Sunday. Hello Kitty fans with their outfits featuring the iconic feline, participated in a “Fun Run” in Mexico City on Sunday. It is the 50th anniversary of Hello Kitty Fun Run and the fourth year Mexico has held the race, attracting people of all ages for a 5K, 10K run or 3K walk. The participants wore headbands with ears, red bows, T-shirts and other accessories of the Hello Kitty character from the Japanese corporation Sanrio. Her…

NASA’s latest mission will explore a potentially habitable ocean world orbiting Jupiter. A NASA spacecraft blasted off on Monday on a quest to explore Jupiter’s moon Europa and reveal whether its vast hidden ocean might hold the keys to life.It will take Europa Clipper five and half years to reach Jupiter, where it will slip into orbit around the giant gas planet and sneak close to Europa during dozens of radiation-drenched flybys.Scientists are almost certain a deep, global ocean exists beneath Europa’s icy crust. And where there is water, there could be life, making the moon one of the most…

Updated: 14/10/2024 – 19:19 GMT+2 An airstrike hit outside Al-Aqsa Martyrs Hospital in Deir al-Balah in central Gaza early on Monday. An airstrike hit outside Al-Aqsa Martyrs Hospital in Deir al-Balah in central Gaza early on Monday. The explosions killed three people and injured 50 others, according to hospital officials. Tents caught fire, and residents carried the injured into the hospital.Desperate Palestinians attempted to quell the flames with blankets, fire extinguishers and water before firefighters could extinguish the blaze. Footage by AP shows several people, presumed dead, inside the hospital grounds. This comes after an Israeli airstrike killed at least…