Eu Internal Market Commissioner Thierry Breton sent a letter to Meta CEO Zuckerberg on Oct. 11 asking for swift action to stop the spread of disinformation related to the new Israeli-Palestinian conflict. Mr Breton said there had been a surge in illegal content and disinformation on some platforms after Hamas launched attacks on Israel. In view of the upcoming European Parliament and a series of elections in many countries, he also asked Zuckerberg to inform the ... 阅读全文

Shanghai News China Securities Network (reporter Luo Maolin) On Wednesday, local time, Microsoft said in a regulatory filing that it will appeal the decision of the US Internal Revenue Service to recover at least $28.9 billion in taxes. The tax is related to Microsoft's distribution of income and expenses among its global subsidiaries between 2004 and 2013. The dispute centers on a 2012 IRS audit of transfer pricing, a method used by companies to shift profits to ... 阅读全文

Recently, the reporter learned from the sky Eye check that recently, Beijing iQiyi Technology Co., Ltd. and Shanghai Lilith Network Technology Co., Ltd. copyright ownership, infringement dispute cases added a court announcement, the plaintiff is Beijing iqiyi Technology Co., LTD. The case will be heard at the Jiading District People's Court in Shanghai on October 17.

00:34:38 European Central Bank governing Council Vujcic says the eurozone economy is more stuck in stagnation than recession.

The International Monetary Fund has cut its growth forecast again: Germany's economy will shrink more this year and grow more modestly in 2024. Economists' confidence in the two European industrial countries has weakened, and an Asian country will be the big winner. Federal Economy Minister Habeck on Wednesday presented the federal government's autumn forecast for the future of the domestic economy: growth of -0.4 percent this year and positive 1.3 percent next ye ... 阅读全文

Federal Reserve Governor Christopher Waller said the central bank can wait and see how things develop before making further interest rate moves as financial markets tighten. "The real side of the economy seems to be doing well. The nominal aspect is moving in the direction we hoped. So we're in a position where we can wait and see where rates go, "Waller said Wednesday at the annual E2 Summit in Park City, Utah. "Financial markets are tightening, and that will do ... 阅读全文

According to the German Welle radio website reported on October 10, the International Monetary Fund (IMF) said on the 10th that Germany will suffer a more severe economic recession than previously predicted. Germany, Europe's largest economy, is expected to be the only highly industrialized country in the Group of Seven that will fail to grow in 2023. The IMF says Germany's economy is expected to shrink 0.5 percent this year, hurt by high inflation and a decline i ... 阅读全文

The International Monetary Fund released news on the 11th that the Bank of England is expected to raise interest rates by another 25 basis points to 5.5%. International Monetary Fund chief economist Gurinchas said, overall, the UK growth momentum is weak, the labor market cooling, high inflation is still persistent. That would require monetary policy to remain tight for some time, well into next year. In response to high inflation, the Bank of England raised its k ... 阅读全文

Us consumers expect inflation to rise slightly over the next few years, and their views of current and future credit conditions deteriorated in September, according to the latest survey from the New York Fed. According to the survey data, the median U.S. inflation expectation over the next three years rose to 3% from 2.8% in August, reaching its highest level in nearly a year. Price growth expectations for the coming year also rose to 3.7 percent, a three-month hi ... 阅读全文

Us PPI data for September came in higher than expected across the board, suggesting that rising energy costs continue to impede the path to sustainable low inflation. According to the data released by the Bureau of Labor Statistics on Wednesday, the PPI rose 2.2% in September, higher than the market expectation of 1.6% and the previous value of 1.6%; Month-on-month growth of 0.5%, above market expectations of 0.3%, down from the previous 0.7%. In addition, the US ... 阅读全文

According to CBS News (CBS) on the 10th, data showed that the median household income in the United States fell in 17 states in 2022, and Americans are pessimistic about the country's economic prospects. According to the latest data from the U.S. Census Bureau, a total of 17 states saw median household income decline in 2022, concentrated in the Midwest and Northeast, including Michigan, Ohio and Pennsylvania. In contrast, median household income rose in only five ... 阅读全文

20:30:30 US PPI in September rose 2.2% Yoy, expected 1.60% vs. 1.60% previously.

The Wall Street Journal and World News Network reported that a large number of US companies filed for bankruptcy this year, hitting a record high since 2020, and economists believe that this could have a devastating impact on the US economy. According to data released by financial analysis firm Standard & Poor's Global, the number of large corporate bankruptcies in the United States has hit a record high since 2020, with 459 companies filing for bankruptcy this ye ... 阅读全文

In October, the Federal Reserve raised interest rates by another 25 basis points, bringing the federal funds rate to a range of 5.25% to 5.50%, the fourth increase this year and the highest level since 2007. The Fed's move to raise interest rates has triggered shocks and concerns in the global market, especially for China, a country closely linked to the US economy, how to deal with challenges such as the strong dollar, capital outflow, trade frictions, and so on, ... 阅读全文

The first financial reporter learned from authoritative channels that from October 23 to 24, the World Trade Organization (WTO) will hold a meeting of senior government officials of its members in Geneva to accumulate strength for the 13th Ministerial Conference (MC13) to be held in February 2024. Senior government officials from all WTO members will travel to Geneva to provide the necessary political impetus to help resolve specific issues to advance the work of ... 阅读全文

According to the German Welle radio website reported on October 10, the International Monetary Fund (IMF) said on the 10th that Germany will suffer a more severe economic recession than previously predicted. Germany, Europe's largest economy, is expected to be the only highly industrialized country in the Group of Seven that will fail to grow in 2023. The IMF says Germany's economy is expected to shrink 0.5 percent this year, hurt by high inflation and a decline i ... 阅读全文

After von der Leyen's high-profile announcement of an anti-subsidy investigation into Chinese electric cars, the Financial Times broke the news that within nearly a month, the EU also plans to launch similar investigations into Chinese companies in two industries, steel and wind power. When discussing this matter, we must first make clear the premise that these so-called anti-dumping and countervailing investigations by the EU, including the United States, against ... 阅读全文

On Wednesday (October 11), energy giant ExxonMobil announced that it will buy Pioneer Natural Resources in an all-stock transaction for $253 per share, or a total value of $59.5 billion. Under the terms of the agreement, Vanguard shareholders will receive 2.3234 shares of Exxon Mobil for each Pioneer share they own. The boards of directors of both companies have unanimously approved the transaction, subject to regulatory review and Pioneer shareholder approval, an ... 阅读全文

On Wednesday (October 11), Russian President Vladimir Putin said that Opec + will continue to coordinate its actions to ensure the predictability of the oil market, and it is very likely that the production cut agreement will be extended. Opec + is an alliance of the Organization of the Petroleum Exporting Countries (Opec) and countries led by Russia, which produces about 40 percent of the world's total crude oil. Russia is the world's second-largest oil exporter ... 阅读全文

Geoffrey Hinton, a computer scientist known as the "godfather of AI" in the industry, said that AI "could take over everything" if humans are not careful. Hinton, 75, recently said in an interview with the media that the rapidly developing artificial intelligence technology could gain the ability to be smarter than humans in "five years." If that happens, he added, AI could evolve to a point where humans can't control it. Hinton noted that one of the ways AI syste ... 阅读全文