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Real-time News
The UK Competition and Markets Authority (CMA) recently approved Boeings (BA.N) proposed acquisition of Spirit Aerosystems. In July 2024, Boeing agreed to acquire its supplier Spirit Aerosystems for $37.25 per share. The all-stock transaction valued Spirit at $4.7 billion.Hong Kong Financial Secretary Paul Chan Mo-po published a blog post stating that the Office for the Introduction of Key Enterprises (OICA) has so far introduced 84 key enterprises engaged in cutting-edge technologies. It is expected that these enterprises will bring a total of approximately 50 billion yuan in investment to Hong Kong in the next few years, create more than 20,000 jobs, and utilize a total of 1.68 million square feet of innovation, technology, industrial, and commercial space. He mentioned that Hong Kong Investment Management Co., Ltd. (HKIC), as the SAR governments "patient capital," not only focuses on nurturing local startups and enterprises, but also strives to leverage its international and regional networks to discover and invest in outstanding teams and high-quality enterprises from the Mainland and overseas, encouraging them to settle in Hong Kong. Currently, HKIC has invested in over 100 projects, of which more than 10 companies have submitted or are preparing to submit applications for listing in Hong Kong.Ukrainian President Zelensky: Ukraine "values and fully supports" the joint statement of European leaders on peace.On August 10th, the US Congress passed the so-called "Big, Beautiful" bill, strongly promoted by President Trump, in July. The bill stipulates that the US government will no longer provide tax credits for electric vehicles starting September 30th of this year. According to a CNBC report on the 9th, American consumers are rushing to buy electric vehicles to qualify for the $7,500 tax credit per vehicle before the deadline. Data shows that electric vehicle sales accounted for 9.1% of total passenger vehicle sales in July, a record high. Furthermore, used electric vehicle sales in the US reached nearly 36,700 in July, also a record monthly high. The company predicts that the third quarter may set a record for electric vehicle sales, while US electric vehicle sales may plummet in the fourth quarter of this year.On August 10, Dmitry Suslov, deputy director of the Center for Comprehensive European and International Studies at the Higher School of Economics and a Valdai Club expert, told Sputnik that Russian President Vladimir Putin and US President Donald Trump may propose a plan for ceasefire conditions in Ukraine after their meeting in Alaska. Suslov said, "We should not expect a ceasefire agreement just yet, but rather focus on a ceasefire formula mutually agreed upon by Russia and the US, and push for final negotiations to resolve the conflict." This plan could include the complete withdrawal of Ukrainian troops from the territory of the Donetsk Peoples Republic, while maintaining the existing demarcation line in Zaporizhia and Kherson Oblasts as the final border. Russian troops could withdraw from parts of Sumy, Kharkiv, and Dnipropetrovsk Oblasts.