China's top market watchdog announced Monday a decision to launch further probe into Nvidia for anti-trust violations after a preliminary investigation.
The State Administration for Market Regulation (SAMR) said in an online statement that Nvidia had violated China's anti-monopoly law and a 2020 decision by the market regulator on Nvidia's acquisition of Mellanox Technologies.
In 2020, the SAMR conditionally approved the acquisition after an anti-trust review that began in 2019. The deal was subject to multiple restrictive conditions due to concerns that the merger could exclude or restrict competition in global and Chinese markets for Graphics Processing Unit (GPU) accelerators, dedicated network interconnect equipment, and high-speed Ethernet adapters.
China launches further probe into Nvidia's anti-trust violations
China launches further probe into Nvidia's anti-trust violations
The European Commission's autumn 2025 economic forecast shows that driven by a surge in exports in anticipation of U.S. tariff increases, the European Union's (EU) economy maintained growth in the third quarter of this year, and it is expected to continue expanding at a moderate pace over the forecast horizon.
In the report released on Monday, the Commission said the gross domestic product (GDP) of the EU is expected to grow 1.4 percent in 2025, with the eurozone expanding 1.3 percent. Growth in 2026 is forecast at 1.4 percent for the EU and 1.2 percent for the eurozone, both slightly lower than projections made in May.
Eurozone headline inflation is projected to ease to 2.1 percent this year from 2.4 percent in 2024. Inflation across the EU is seen declining from 2.6 percent in 2024 to 2.2 percent in 2027, remaining slightly above the eurozone rate.
Due to the increase in defence spending, the EU's fiscal deficit is expected to rise to 3.4 percent of GDP in 2027 from 3.1 percent in 2024. The EU debt-to-GDP ratio is projected to rise from 84.5 percent in 2024 to 85 percent in 2027, with the eurozone ratio set to rise from around 88 percent to 90.4 percent.
The forecast noted that globally, trade barriers have reached historic highs, and the EU now faces higher average tariffs on exports to the U.S. compared with the spring forecast. Persistent trade policy uncertainty continues to weigh on economic activity, with tariffs and non-tariff restrictions potentially constraining EU growth more than expected. Any escalation in geopolitical tensions could intensify supply shocks, it noted.
EU expects economy to expand moderately
