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Report: EU pushes for "70% European-made" standard for key goods, companies' annual costs could increase by more than 10 billion euros

Report: EU pushes for "70% European-made" standard for key goods, companies' annual costs could increase by more than 10 billion euros

The European Union is brewing an ambitious industrial policy, planning to set a "European-made" local content standard as high as 70% for key products such as automobiles, aiming to prioritize procurement of domestic goods and reduce external dependence. On December 3, according to the latest media reports, the

"The easiest job in the world"! Big short seller: The United States does not need the Federal Reserve, the Treasury should take over!

"The easiest job in the world"! Big short seller: The United States does not need the Federal Reserve, the Treasury should take over!

Michael Burry, the “Big Short” investor famous for shorting during the 2008 subprime crisis, has once again made shocking statements, this time targeting the Federal Reserve. He believes the Federal Reserve is an unnecessary institution whose functions can be fully taken over by the Treasury Department, as he sees chairing

Chen Tianqiao posted: In the AI era, management steps back and cognition takes the lead; the KPI system is about to collapse!

Chen Tianqiao posted: In the AI era, management steps back and cognition takes the lead; the KPI system is about to collapse!

Shanda Group founder Chen Tianqiao recently published an article stating that with the rise of AI agents, traditional management theory is entering its "twilight," and companies need to fundamentally reshape their organizational gene, shifting from a "human-centered" to an "AI-native" cognitive paradigm. The founder

HSBC CEO states: "As Europe's largest bank, we must break into the global top 5."

HSBC CEO states: "As Europe's largest bank, we must break into the global top 5."

``` Georges Elhedery, the new CEO of HSBC Holdings, has vowed to drive the restructuring of Europe’s largest bank to ensure its core business areas are ranked among the top five globally. On Tuesday, HSBC CEO Georges Elhedery defended his sweeping restructuring plans at the Financial Times Global Banking Summit,

After cutting rates by over 100 basis points, the Federal Reserve is considering how to stop, but the disagreement is unprecedented.

After cutting rates by over 100 basis points, the Federal Reserve is considering how to stop, but the disagreement is unprecedented.

``` After implementing an interest rate cut of more than one percentage point, officials at the Federal Reserve are facing a thorny question: where is the endpoint for policy easing? This divergence is evolving into an unusually public debate, involving not only whether to cut rates again next week but also

Will the AI bubble burst in the US in 2026?

Will the AI bubble burst in the US in 2026?

``` Renowned economist Ruchir Sharma shares his bold predictions about when the future AI technology bubble might burst and the investment trends for 2026. This week in an interview, economist Ruchir Sharma stated that despite the Federal Reserve's recent rate cuts, inflationary pressures remain stubborn, as the 2% target

Data center business guidance exceeds expectations, "ASIC chip giant" Marvell surges after earnings report.

Data center business guidance exceeds expectations, "ASIC chip giant" Marvell surges after earnings report.

``` In after-hours trading on Tuesday, December 2, shares of semiconductor products company Marvell Technology soared. Its much better-than-expected guidance for next fiscal year's data center business growth overshadowed a muted overall outlook, rekindling investor confidence in this specialized custom chip maker. The company’s shares initially fell 5%