The European Central Bank has cut rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S. import tariffs.

The bank's rate-setting committee made the decision Thursday at its skyscraper headquarters in Frankfurt to lower the benchmark from 3.25% to 3%.

Fueled by pricier used cars, hotel rooms and auto insurance, inflation in the United States moved slightly higher last month while remaining far below its peak of two years ago.

Consumer prices rose 2.7% in November from a year earlier, up from a yearly figure of 2.6% in October. Excluding volatile food and energy costs, so-called core prices increased 3.3%, the same as in the previous month.

TikTok has challenged a Canadian government order to shut down the Chinese video-sharing app's business operations in the country that was imposed over national security concerns.

The company said Tuesday that it filed an application for a judicial review with the Federal Court in Vancouver on Dec. 5, which seeks to set aside the order for TikTok to wind-up and cease its business in Canada.

Canadian Prime Minister Justin Trudeau said Monday that Americans "are beginning to wake up to the real reality that tariffs on everything from Canada would make life a lot more expensive" and said he will retaliate if Donald Trump goes ahead with them.

Trump later responded by calling Canada a state and Trudeau the governor.

The Trump Organization said Monday it has leased its brand to two new real estate projects in Saudi Arabia just weeks before President-elect Donald Trump returns to the White House.

It will partner with Dar Global, a London-based luxury real estate developer that will lease the Trump brand but fully own and develop the projects in the Saudi capital, Riyadh. The two have partnered on other projects in the region, including the development of a golf resort in neighboring Oman.

The OPEC+ alliance of oil exporting countries will decide Thursday whether to put off plans to pump more crude amid sluggish demand and competing production from non-allied countries -- factors that could keep oil prices stagnant into next year.

Key beneficiaries of that would be U.S. motorists, who have seen gasoline prices fall to their lowest in 2 1/2 years to near $3 a gallon.

President Emmanuel Macron and Saudi Crown Prince Mohammed bin Salman signed a strategic partnership on Monday aimed at deepening bilateral ties and de-escalating conflict in the Middle East, including Lebanon, where the two leaders called for presidential elections.

The French leader arrived in Saudi Arabia on Monday for a three-day state visit just as a political crisis threatens to topple the French government.

Inflation in the 20 countries that use the euro currency rose in November — but that likely won't stop the European Central Bank from cutting interest rates as the prospect of new U.S. tariffs from the incoming Trump administration adds to the gloom over weak growth.

The European Union's harmonized index of consumer prices stood up 2.3% in the year to November, up from 2.0% in October, the EU statistics agency Eurostat reported Friday.

Thousands of teachers, health care workers, trash collectors and others walked off their jobs across Italy on Friday to protest a decline in spending power, persistently low salaries and government policies they say have weakened public services.

Italy's most powerful trade unions called the eight-hour strike and mobilized marches in cities across the country to target Premier Giorgia Meloni's latest budget that they say penalizes schools, health care and other services. They also are pressing for a more equitable distribution of profits from private companies to workers.

Every Wednesday, retiree Zhang Zhili travels an hour by bus to an education center, drawn by the pulsing rhythms of the African drum she plays there in a classroom filled with fellow retirees whose hands move in unison, every beat lifting her spirits.

Zhang, 71, has found joy and new friends at the "elderly university" in Beijing. Besides African drums, the former primary school teacher joins social dance classes, paying about 2,000 yuan ($280) for two courses this semester. Seeing herself standing tall in dance class boosts her confidence. After class, she hangs out with her friends.