Starbucks' presence in Henan is picking up speed. During the Mid-Autumn Festival and National Day holiday, the first stores of Starbucks Jiaozuo and Anyang officially opened, and the two stores were respectively located in Jiaozuo Wanda Plaza and Anyang Wenfeng Wanda Plaza. This year is the 12th year of Starbucks into Henan, from July last year to January this year, more than half a year, Starbucks respectively in Shangqiu, Zhoukou, Zhuma landing city first store, ... 阅读全文

On October 7, the reporter learned that Baidu announced a new round of cadre rotation: From now on, Dr. Li Ying, vice president of Baidu Group and chief information officer (CIO) of Baidu Group, will serve as the CEO of Xiaodu Technology and report directly to Robin Li, chairman and CEO of the group. According to the data, Li Ying joined Baidu in 2004, has led natural language processing, web search relevance, spider, composite search, recommendation and personal ... 阅读全文

On October 5, the Competition and Markets Authority (CMA), the UK's antitrust regulator, announced that it has launched an investigation into the UK cloud services market. According to the comprehensive regulatory sources, the investigation is aimed at Microsoft Azure cloud products and Amazon Web Services (AWS), which occupy an important position in the UK market. The investigation is related to a report by the UK Communications Authority (Ofcom), which launched ... 阅读全文

October 6 news (editor Ma LAN) The U.S. Department of Labor released September non-farm employment changes and unemployment rate data. U.S. nonfarm payrolls rose 336,000 in September, a sharp rise from expectations of 170,000 and up from 187,000 in August. The unemployment rate was unchanged from 3.8 percent in August and slightly higher than expectations of 3.7 percent. Hourly earnings rose 0.2 percent month-on-month, unchanged from August. Hourly earnings rose 4 ... 阅读全文

A surge in US non-farm payrolls last month beat investors' expectations, the latest sign of accelerating economic momentum that spurred a fierce sell-off in bond markets and pushed long-term borrowing rates to fresh 16-year highs. The Labor Department said Friday that employers added 336,000 jobs in September, the biggest increase since January and a sharp rise from a sharply revised 227,000 gain the previous month. Job growth in July was also stronger than previo ... 阅读全文

The leader of the United Auto Workers union said there would be no more strikes at Detroit automakers' plants on Friday as the union made progress in talks with all three auto plants. The union made a last-minute decision not to strike at a lucrative General Motors sport-utility vehicle plant in Texas, UAW President Shawn Fain said in a live broadcast to members on Friday. He said GM made a major last-minute concession by agreeing to include the battery plant in t ... 阅读全文

Russia says it will withdraw its ratification of a key international nuclear test ban treaty, in a move that risks exacerbating global instability stemming from the war in Ukraine. There are currently no arms talks between the United States and Russia, Moscow has suspended implementation of the New START Strategic Arms Reduction Treaty, and relations between Washington and Moscow are at their lowest point since the Cold War. Mikhail Ulyanov, Russia's ambassador to ... 阅读全文

Ctrip: "Eleven" tourism both quality, travel orders increased by nearly 2 times According to Shanghai News, Ctrip released the "Mid-Autumn Festival and National Day Tourism Summary Report" shows that the "eleven" holiday, domestic travel orders increased by nearly 2 times year-on-year, compared with the "May Day" growth of 10%; Outbound tourism increased by more than eight times year-on-year. The report emphasizes that the quality of tourism development deserves ... 阅读全文

Amazon.com Inc. 's first satellite was launched into orbit, moving the e-commerce company one step closer to a satellite Internet business that it hopes will compete with SpaceX and other rivals. A rocket carrying two prototype Amazon satellites blasted off from a launch pad in Florida on Friday afternoon, according to the live stream. The tech giant hopes the mission will demonstrate how the two satellites perform in space while testing other systems. Amazon unve ... 阅读全文

Fast fashion giant Shein is expected to announce on Friday the appointment of a new executive to oversee the company's global growth plans as it seeks to diversify its supply chain outside of China. Marcelo Claure, a former executive at SoftBank Group, will serve as vice chairman, based in New York, with responsibilities that include expanding production outside of China to be closer to customers. "We're not trying to replace China." "What we want to do is look fo ... 阅读全文

Loretta Mester, president of the Federal Reserve Bank of Cleveland, said Friday that the day's jobs report didn't change her view that the labor market remains strong, Whether the Fed will raise rates further will depend on more data to be released. "Inflation is still too high, inflation continues to be high, but at least we are seeing progress," she said. Whether we need to tighten monetary policy further will really depend on all the data we get between now and ... 阅读全文

On October 6, local time, the survey results released by the Ministry of Internal Affairs and Communications of Japan showed that due to the continuous inflation, the real income of working families declined, and the real household consumption of Japan in August fell for 6 consecutive months compared with the same period in real terms. According to the survey, the average consumption expenditure of Japanese households with two or more people in August was about 29 ... 阅读全文

U.S. consumer borrowing unexpectedly fell in August by the largest amount in more than three years, reflecting a record decline in non-revolving credit tied to the Biden administration's forgiveness of student loans. Total credit fell by $15.6 billion, according to Federal Reserve data on Friday, which are not adjusted for inflation. The median estimate in a survey of economists was for an increase of $11.7 billion. Non-revolving credit, such as loans for tuition ... 阅读全文

Saudi Arabia has told the White House it is willing to boost crude oil production early next year if prices remain high, according to Saudi and US officials. The move is aimed at winning congressional support for a deal under which Saudi Arabia would recognise Israel and be able to sign defence agreements with the US. The understanding is part of efforts to reach a three-way deal that could also include US nuclear aid and represents a marked shift for Riyadh. A ye ... 阅读全文

Former US Treasury Secretary Lawrence Summers said the surge in US jobs in September is "good news" for now, but it also shows the Federal Reserve's interest rate hikes are not working as well as before, increasing the danger of a hard landing for the economy. Data on Friday showed U.S. employers added 336,000 jobs in September, nearly double economists' expectations, after upwardly revised payrolls in the previous two months, though the report also showed wage gr ... 阅读全文

According to the USA Today website reported on October 6, at a time when a poll showed that nearly 70 percent of Americans believe that the overall economic condition of the country is worsening, US President Joe Biden blamed the media for the continued anxiety of the people about the economy. According to data released by the US Department of Labor on the 6th, the US unemployment rate was unchanged at 3.8% in September this year. The non-farm sector added 336,000 ... 阅读全文

Fumio Kishida is trying to seize the "last chance" to revive Japan. Speaking at a roundtable on Friday, October 6, Japanese Prime Minister Fumio Kishida called on asset management giants like BlackRock to invest in "the future of Japan." Fumio Kishida said: After decades of deflation and stagnant growth, Japan's economy and wages are growing again, while Japanese stock prices are near their highest levels in 33 years. Larry Fink, the chief executive of BlackRock ... 阅读全文

President Abdel Fattah Al-Sisi said on Monday that Egypt has paved the way for a better economic future by building advanced and adequate infrastructure over the past few years by providing the required investment funds, estimated to be in the trillions of dollars. Sisi was speaking at the annual meeting of the Asian Infrastructure Investment Bank in Sharm el-Sheikh. "Multilateral financial institutions may need to provide more low-cost financing to help emerging ... 阅读全文

Since early August, the prospects for a mild landing in the US economy have dimmed. A combination of economic, financial and, perhaps most important, political factors has made it clear that the US is in more danger than is widely believed. Most investors still insist that the United States is the "cleanest dirty shirt" in the global economy. This is mainly due to the US dollar's status as the world's reserve currency, but also because of the dominance and attract ... 阅读全文

If the US economy collapses, it will affect the global economy, so is it true? The experts' latest reading is in. The topic has been widely discussed on the Internet since Fox News published a report on October 5 that the United States could face the worst economic collapse since the Great Depression in the next two years. This article proposes that from the perspective of multiple data, the amount of money available in the United States at this stage is shrinking ... 阅读全文