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EU warns Musk's X spreading 'illegal' disinfo after Hamas attack
The EU's digital chief Thierry Breton warned Elon Musk on Tuesday that his platform X, formerly Twitter, is spreading "illegal content and disinformation", in a letter seen by AFP. The letter said concerns had heightened after the Hamas attack against Israel, and demanded Musk respond to the complaint within 24 hours and contact "relevant law enforcement authorities".
LVMH sales growth falters in third quarter
The world's top luxury group LVMH said Tuesday that its third quarter sales were nearly flat at 19.96 billion euros ($21.2 billion), a one percent increase from the same period last year. Sales at the group rose 15 percent during the January-June period compared with last year, to hit 42.2 billion euros.
Pre-election jitters send Argentine peso to new lows
The US dollar broke through the symbolic 1,000 peso mark on Argentina's parallel market on Tuesday, as citizens scramble to dump the currency two weeks before a presidential election, according to websites tracking the rate. With the parallel dollar now trading at over 1,000 pesos, it is worth almost three times the official rate of 365 pesos, propped up at great cost by the government.
Yellen urges more IMF, World Bank reforms for climate fight
US Treasury Secretary Janet Yellen said Tuesday she backed efforts to boost the lending firepower of the IMF and World Bank to combat poverty and climate change. Speaking on the sidelines of the IMF-World Bank annual meetings in Morocco, Yellen said the global lending system had already changed over time to face new challenges.
Russian forces close in on east Ukraine's Avdiivka
Russian forces closed in on the frontline town of Avdiivka in east Ukraine on Tuesday, as Kyiv warned Moscow was stepping up strikes in an attempt to encircle it completely. Russian forces control territory to the south, east and north of Avdiivka.
Pharrell Williams to hold Vuitton show in Hong Kong
Musician-turned-designer Pharrell Williams will hold his second show as creative director for Louis Vuitton in Hong Kong, the brand announced on Tuesday. Williams will hold a "pre-fall show" for his menswear line on November 30, following his glitzy debut at Paris Fashion Week in June.
'External activity' probably behind Finland-Estonia gas pipe leak
Finnish President Sauli Niinisto said on Tuesday a leak leading to the shutdown of a natural gas pipeline from Estonia to Finland this weekend was probably caused by an "external" element. "It is likely that the damage to both the gas pipeline and the telecommunications cable is the result of external activity," Niinisto said.
Star witness to take stand in US crypto king trial
The star witness in the trial of Sam Bankman-Fried arrived at a New York federal court on Tuesday where she is expected to give damning evidence against the one time crypto wunderkind. While awaiting trial in August, Bankman-Fried was ordered out of house arrest and jailed after prosecutors alleged that the former FTX boss had leaked Ellison's diary entries to the New York Times.
Labour leader Starmer to pledge to repair UK
Britain's opposition leader will promise on Tuesday that a future Labour government would "heal" the UK after 13 years of Conservative rule, tackling a cost-of-living crisis sparked by Brexit, pandemic lockdowns and the war in Ukraine.
AFP
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