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2024-12-13 05:55:13

President united steelworkers union: The acquisition of Nippon Steel in Japan may mean the long-term decline of American steel companies. The head of the largest trade union in North America said that there is no guarantee from Nippon Steel to ensure that American steel companies will not decline after the acquisition. A few days ago, Nippon Steel of Japan proposed a $15 billion acquisition of American steel companies, which was opposed by Biden and Trump. The acquisition will be subject to the national security review of the Committee on Foreign Investment (CFIUS) later this month. United steelworkers union Chairman David McCall was interviewed on Monday. On that day, Nippon Steel announced the details of various commitments it had made to gain union support, including job security and investment in facilities. Mccall said that one of his biggest concerns is that Nippon Steel may export steel products to the United States through its international steel mills, which he feared would weaken the position of American steel companies. Mccall said: "When we discuss with Nippon Steel, nothing can guarantee that their commitment is feasible in the long run." Nippon Steel previously denied that it would import steel from its international steel mills after reaching an agreement, and repeatedly said that its goal is to become a "member" of the United States, and the American market is crucial to its future growth.FTSE China A50 index futures fell, after rising more than 0.7%.Five departments, including the Ministry of Industry and Information Technology, jointly deployed the "One-month-one-chain" financing for small and medium-sized enterprises to promote the nationwide activities. The Ministry of Industry and Information Technology, the Ministry of Finance, the People's Bank of China, the General Administration of Financial Supervision and the China Securities Regulatory Commission recently jointly issued the Notice on Launching the "One-month-one-chain" financing for small and medium-sized enterprises to promote the nationwide activities, so as to accelerate the construction of small and medium-sized enterprises' financing, promote a good ecology and help them develop with high quality. The theme of the "One Chain in January" SME financing promotion activities nationwide is "One Chain in January is beneficial to the smooth integration of enterprises", focusing on key SME groups such as high-quality SMEs and key nodes in the industrial chain, giving play to the role of "share, loan, insurance and burden" comprehensive financing means, and guiding financial resources to support SMEs in the chain more accurately by organizing various docking activities. (Ministry of Industry and Information Technology)


NVIDIA responded to the investigation: I am happy to answer any questions from the regulators. Today, regarding the investigation by the regulators, NVIDIA responded to Sina Technology and said: "Nvidia won by strength, which is reflected in our benchmark test results and value to customers, and customers can choose any solution that suits them best. We strive to provide the best products in every region and fulfill our promises wherever we do business. We are happy to answer any questions that regulators have about our business. " (Sina Technology)Morgan Stanley raised its target price for Oracle Bone Inscriptions from $145.00 to $175.00.BMO raised the target price of Oracle Bone Inscriptions from $173 to $205.


Social e-commerce has risen in the United States, and TikTok Black Five has snapped up hundreds of millions of dollars. The sales of social e-commerce in the United States have seen strong growth in this shopping season. With the influx of American consumers into the social e-commerce platform represented by TikTok, the market predicts that the number of American social e-commerce buyers will exceed 100 million this year and bring in more than 70 billion US dollars in sales. Emarketer, a research institute, recently estimated that the sales of social e-commerce in the United States will increase by 26% to 71.6 billion dollars in 2024. According to the company, most social e-commerce sales come from low-priced goods, and emerging platforms such as TikTok have become the main force. Since TikTok Shop was launched in the United States last September, it has become the biggest contributor to the sales growth of social e-commerce. According to the data released by TikTok, on the day of this year's "Black Friday" shopping festival, the single-day sales of TikTok stores exceeded 100 million US dollars, three times that of the same period last year. According to the company, the number of shoppers attracted by TikTok stores during Black Friday and Cyber Monday increased by 165% year-on-year. (CBN)In November, the national second-hand car market traded 1,785,600 vehicles, up 4.33% from the previous month. On December 10th, according to china automobile dealers association, in November 2024, the national second-hand car market traded 1,785,600 vehicles, up 4.33% from the previous month and 8.12% from the same period last year, with a transaction amount of 114.167 billion yuan. From January to November, 2024, the cumulative transaction volume of used cars was 17,713,900, up 5.74% year-on-year, up 961,600 compared with the same period, and the cumulative transaction amount was 1,165.243 billion yuan.In November, the national second-hand car market traded 1,785,600 vehicles, up 4.33% from the previous month. On December 10th, according to china automobile dealers association, in November 2024, the national second-hand car market traded 1,785,600 vehicles, up 4.33% from the previous month and 8.12% from the same period last year, with a transaction amount of 114.167 billion yuan. From January to November, 2024, the cumulative transaction volume of used cars was 17,713,900, up 5.74% year-on-year, up 961,600 compared with the same period, and the cumulative transaction amount was 1,165.243 billion yuan.

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