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US stocks fall after presidential debate
US stocks fall after presidential debate
by  AFP

Wall Street stocks finished lower Friday, shrugging off better inflation data as markets weighed fallout from a US presidential debate in which incumbent Democrat Joe Biden's performance was widely panned. Biden's performance in a debate with predecessor Donald Trump was widely criticized by observers, who said it raised concerns the president is too old to run again.

EU further scrutinises Microsoft, OpenAI tie-up
EU further scrutinises Microsoft, OpenAI tie-up
by  AFP

The EU will examine the impact of Microsoft's multi-billion-dollar partnership with ChatGPT developer OpenAI on competition in the fast-growing AI market, the bloc's antitrust chief said Friday.

EU questions Shein, Temu over consumer protection
EU questions Shein, Temu over consumer protection
by  AFP

The EU on Friday demanded wildly popular shopping platforms Shein and Temu explain what action they are taking to protect consumers, including children. "We share the commission's goal of ensuring that consumers in the EU can shop online with peace of mind, and we will continue working closely with the commission," a Shein spokesperson said.

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