Ford Motor has updated the timing of its labor contract negotiations with the United Auto Workers Union, with the latest date set for September 29, 2023 local time. It said there was still time to reach an agreement with the unions to avoid a "catastrophic" outcome. The company's proposal includes a pay increase of more than 20 percent. The United Auto Workers union is holding up negotiations mainly because of the battery factory issue.

The US is considering a record $1bn loan for Lithium Americas.

According to the TASS news agency, Russia set the rules for ExxonMobil to sell its share in the Sakhalin-1 pipeline project.

Ford will hold a briefing at 1 p.m. Et on Sept. 29 to update on labor negotiations.

On Friday (September 29), New York Fed President John Williams said that the Federal Reserve may not raise interest rates again, but will keep interest rates high for some time, so that inflation returns to the 2% target level. Williams is also the vice chairman of the Federal Open Market Committee (FOMC) and has a fixed vote on monetary decisions, so it is regarded as the "number three" at the Fed. The Fed has raised rates by 525 basis points since it began the p ... 阅读全文

【 Popular Chinese stocks rose by more than 6% Xiapeng Automobile 】 Popular Chinese stocks rose by 1.2%, the NASDAQ China Golden Dragon Index rose by 0.29% this week and 1.6% in the third quarter. Xiaopeng Automobile rose more than 6%, Ideal Automobile rose more than 3%, Pinjoduo, Tencent Music, iQiyi rose more than 2%, Baidu, NiO, NetEase rose more than 1%; Ctrip and New Oriental fell slightly.

[UAW to expand strike at Ford and General Motors plants] The United Auto Workers union will expand its strike at Ford and General Motors plants, sparing Sterlandis for now.

United Auto Workers (UAW) President Fain: Talks with Ford and General Motors have failed to make effective progress. But talks with Stellantis have progressed significantly. The UAW will strike at Ford's Chicago plant and General Motors' plant in Lansing, Michigan.

[United Auto Workers: Three more auto production plants to join strike] Three more STELLANTIS, General Motors and Ford auto assembly plants will be added to the UAW strike.

The Norwegian Data Protection Authority said on the 28th that it has asked the European Data Protection Commission to make a binding decision on the marketing case of Facebook's parent company Yuan based on users' personal data, and the current temporary ban on the company by the Norwegian Data Protection Authority will be made permanent. And extend the penalties to the entire EU and EEA countries.

On Thursday, local time, the three major U.S. stock indexes rose collectively. By the close, the Dow was up 0.35% at 33666.34; The S&P 500 gained 0.59% to 4,299.70. The Nasdaq rose 0.83% to 13,201.28. In terms of sectors, the S&P 500 index of 11 major sectors 10 up and one down, communications services, materials, 1.16% and 1.05%, respectively, led by utilities down 2.19%. On the economic front Thursday, second-quarter GDP growth was unchanged at 2.1%, while first ... 阅读全文

Japanese government officials said that due to the typhoon, car production decreased in August, and Toyota factories suspended production.

Beijing time on September 29, 2023, Nike released the fiscal year 2024 Q1 financial report. In the first quarter of fiscal 2024, Nike's revenue was $12.9 billion, an increase of 2%. Nike's Greater China revenue was $1.735 billion, up 12 percent from a year earlier.

On September 29, Nike released the first quarter of the fiscal year 2024 results report showed that this quarter Nike achieved revenue of 12.9 billion US dollars, an increase of 2%, of which Nike self-operated business revenue of 5.4 billion US dollars, an increase of 6%, Nike brand digital business sales increased 2% over the same period last year. Nike's Greater China revenue was $1.735 billion, up 12 percent on a constant currency basis. John Donahoe, global p ... 阅读全文

Exxonmobil Oil and Hess will withdraw from the Kaieteur offshore oil block in Guyana, sources said.

A rally in Treasury yields took a breather Thursday, helping Wall Street post its biggest gain in weeks. The S&P 500 rose 0.6 per cent and the tech-heavy Nasdaq Composite rose 0.8 per cent, both Posting their best performances since September 14, while the Dow rose 0.3 per cent. Stocks rose broadly, with utilities the only S&P 500 sector to decline. Materials and communications services were among the biggest gainers. The sharp rise in bond yields after the Fed la ... 阅读全文

Ant Xiaojin plans to increase capital to RMB 23 billion and increase shareholders to 13 According to the surging news, Chongqing Ant consumer Finance Co., Ltd. once again increased capital and shares. It is reported that this capital increase is the second phase of the Ant Xiaojin capital increase plan, and this round of capital increase is the last step of the overall capital increase plan last year. After the completion of this round of capital increase, the r ... 阅读全文

House Speaker Kevin McCarthy said there could be a vote on his funding bill on Friday, but it was uncertain whether it would get enough support from Republican holdouts. House Speaker Kevin McCarthy (R., Calif.) rejected the Senate's short-term funding bill, which had bipartisan support, in favor of a House Republican plan pushed by conservatives. The risk of a partial US government shutdown this weekend has increased as prospects for a spending deal dim. Many la ... 阅读全文

The new iPhone 15 Pro series may be too hot for some owners. Hot means literally. Too hot to use. According to user reviews, tests by The Wall Street Journal and social media posts by buyers in China, the U.S. and Canada, Apple's (AAPL) highest-priced new iPhone heats up in some cases to the point where it is sometimes hard to touch. Over the past year, some iPhone 14 Pro owners have reported similar overheating. The burning of Apple's latest 15 Pro series, which ... 阅读全文

Opto-electronics company OFILM Group Co.,Ltd. (Ofilm Group Co., LTD., 002456.SZ, referred to as: Shares of Huawei Technologies jumped after the latest smartphone from Chinese telecom equipment giant Huawei Technologies sold out within minutes of being sold out. Ofiguang's Shenzhen-listed shares rose nearly 10% in early trading Thursday, hitting the daily limit of 6.40 yuan (88 cents), and are up 36% this year. Earlier, Huawei's website showed that its latest smart ... 阅读全文