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BUSINESS

  • China's Newest Billionaire: TikTok CEO Zhang Yiming Tops Rich List Zhang Yiming, the 41-year-old CEO of ByteDance, has become China's richest individual, amassing a net worth exceeding 350 billion yuan.
  • Gold Surges to All-Time High—Safe Haven Demand Soars with Election and Conflict Risks Gold prices have hit a new record high of $2,771.70 per ounce amid election uncertainties and Middle East conflicts, rising 34% this year.
  • Goodbye China? iPhone 17 Production Heads to India Apple is reportedly preparing to start initial production of the iPhone 17 in India, marking a significant shift in its production strategy.
  • Could Disney's Next CEO Be a Woman? All Eyes on Dana Walden Dana Walden is a top contender for Disney's CEO position, paralleling Kamala Harris's bid for the first female U.S. president.
  • Microsoft Shareholders Push for Bitcoin: Could Tech Giant Join Crypto Craze? Microsoft's board opposes a Bitcoin investment proposal at the upcoming shareholders meeting, citing volatility and stability concerns.
  • ‘Fake News’: NVIDIA CEO Shuts Down Feud Rumors, Blackwell AI Chip Ready to Roll NVIDIA CEO Jensen Huang announced that Taiwan's TSMC has fixed all design flaws in the company's latest AI chip, Blackwell.
  • LinkedIn Slapped with $335M Fine Over Targeted Ads Violations in Europe The Irish Data Protection Commission fined LinkedIn €310 million for violations of GDPR related to targeted advertising practices.
  • Palladium Prices Spike 9.5% on Potential G7 Sanctions Against Russia’s Metals Palladium prices surged 9.5% after the U.S. proposed G7 sanctions on Russian minerals, raising supply concerns amid market anxiety.
  • NVIDIA’s Jensen Huang Warns Europe: Don’t Fall Behind the U.S. and China in AI During his visit to Copenhagen on Wednesday, Huang mentioned that the EU is far behind the U.S. and China regarding AI investment.
  • Tesla Breaks Records Again – 7 Million EVs in Just 12 Months Tesla hits 7M EVs produced, all pure electric, bolstered by Shanghai Gigafactory. Q3 net profit rises to $2.17B amid growth.
  • Lithium Goldmine in Arkansas: Could Reshape Global Battery Market by 2030 Researchers discovered significant lithium reserves in Arkansas, potentially exceeding global battery demand and reshaping the EV market.
  • Apple's Tim Cook Returns to China After 7 Months as iPhone Sales Falter Tim Cook visits China amid declining iPhone sales, meeting students and promoting discounts ahead of Singles' Day.
  • E. Coli Hits McDonald's, 49 Hospitalized: Onions and Beef at the Center of Investigation On Tuesday, the Centers for Disease Control and Prevention (CDC) confirmed cases in 10 states, with one death and 49 people hospitalized.
  • WTI Crude Rebounds After Middle East Tensions and China’s Rate Cut As military tensions escalated in the Middle East, the price of West Texas Intermediate (WTI) crude oil surged in the New York oil market.
  • Gold Hits Record High as Middle East Tensions and U.S. Election Fuel Demand Gold and silver prices surge amid election uncertainty and geopolitical risks, with gold reaching record highs of $2,740.
  • China and Turkey Set to Dominate Rare Earth Market with New Partnership China and Turkey signed an MOU to enhance cooperation in rare earth mining, aiming to strengthen global supply chains.
  • Musk Eyes Global Dominance: Tesla Semi Truck Heading for Europe and Beyond Elon Musk aims for the Tesla Semi truck to become a global product, with potential production in Europe and China by 2026.
  • Apple’s Big EV Battery Collaboration with BYD—But Why Did It End? Apple's collaboration with Chinese battery company BYD on battery development for its now-canceled Apple Car project has been revealed.
  • Johnson & Johnson Crushes Q3 Expectations—Here’s Why Investors Should Take Notice According to KB Securities, Johnson & Johnson surpassed market expectations with its third-quarter earnings.
  • GM CEO Warns of 'Race to the Bottom' as Chinese EVs Take Over the Market Mary Barra warns of fierce competition from Chinese EV makers, stressing GM must offer affordable options to remain competitive.
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Weekly Best Articles

  • Huawei’s Struggle to Keep Up: U.S. Sanctions Threaten China’s Semiconductor Ambitions
  • North Korea and Russia Meet for Crucial Trade Talks—Here’s What Happened
  • Israeli Man, 71, Dies in Hezbollah Ambush After Crossing into Lebanon in Military Uniform
  • U.S. Embassy Closes, Orders Evacuation Over Airstrike Intelligence
  • NVIDIA’s Explosive Growth: 94% Revenue Jump and a $19.3 Billion Profit
  • New UK and U.S. Weapons Target Russia—What Does North Korea Think of These Strategic Strikes?
  • UN Resolution Targets North Korea’s ‘Evil’ Laws and Nuclear Ambitions—A Wake-up Call to the Regime
  • UK’s Storm Shadow Missiles Join the Battle in Russia as North Korean Forces Enter the Conflict
  • UN Votes for 20th Straight Year to Condemn North Korean Human Rights Violations
  • Why Dehydration Could Be More Dangerous in Winter Than You Think – Here’s How to Stay Hydrated
  • THIS $279,000 Cruise Offers a 4-Year Getaway From Trump’s America
  • US Needs News ‘Manhattan Project’ to Stay Ahead of China in AI, Report Says

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