Live news: German inflation falls faster than expected to 3 per cent

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Google: Sundar Pichai, chief executive of Google’s parent Alphabet, is scheduled to take the stand in the search engine’s antitrust trial. The US government has alleged that Google illegally paid $10bn to other companies such as Apple to ensure it would be the default search engine and maintain its dominance.

AI: US president Joe Biden is expected to sign a sweeping executive order aimed at curbing the risks of artificial intelligence.

McDonald’s: The fast-food chain is expected to report an increase in revenue and profits as consumers continue to buy Big Macs despite higher menu prices. Analysts anticipate the company earned $3 per share on revenue of $6.6bn in the July to September period, up from $2.68 a share on revenue of $5.9bn a year earlier.

Pinterest: Analysts expect the image-sharing social platform to report a boost in revenue and trim its losses in its latest quarterly earnings. The company is projected to have lost 4 cents a share on revenue of $743.5mn in the third quarter, compared with a loss of 10 cents a share on revenue of $684.5mn during the same period last year.

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