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On June 12th, JD.coms first mall in Shanghai, the JD Mall Qibao store, opened in the Qibao commercial district of Minhang District. The store, with a floor area of nearly 50,000 square meters, features 200 leading global brands, over 200,000 JD.com self-operated products, and also introduces the worlds first offline experience store for the AI-powered robotics company, JAVA. By the end of this years JD.com 618 shopping festival, JD.com Mall will have a total of 30 operating stores nationwide. JD.com Malls first store in Hong Kong will also officially open soon.The Hang Seng Tech Index rose more than 2%, with sectors such as semiconductors, storage, optical communications, brain-computer interfaces, and commercial aerospace leading the gains.U.S. officials said the U.S. military shot down two Iranian one-way attack drones.June 12th - Since October 2025, the number of telecom fraud cases in my country has declined year-on-year for eight consecutive months. In terms of fraud methods, the ten most common types of fraud are: fake online shopping scams (such as fake order rebates), fake online shopping services, fake online investment and wealth management, impersonating e-commerce and logistics customer service, loan and credit fraud, fake online game transactions, online dating scams, impersonating law enforcement officials, impersonating leaders or acquaintances, and flight refund/change scams. These ten types of cases account for 85% of all telecom fraud cases. Among them, fake online shopping scams have the highest incidence, accounting for 25% of all telecom fraud cases; fake online investment and wealth management scams result in the highest losses, accounting for approximately 40% of all telecom fraud losses, with most cases involving losses of millions or tens of millions of yuan falling into this category.On June 12th, the "Guangzhou Municipal Commerce Development 15th Five-Year Plan (Draft for Public Comment)" was released for public comment. The plan states that by 2030, the annual transaction volume of the citys specialized markets will exceed 2 trillion yuan, achieving a leapfrog development compared to the base year, consolidating its position as a core carrier of the international trade center. By 2030, 30 public service platforms serving the specialized markets will be established; the employment-generating effect will continue to expand, covering multiple fields such as commercial services, innovation and entrepreneurship, cultural tourism consumption, and logistics support, directly and indirectly creating 2.2 million jobs.

Italian Brake Maker Brembo Plans to Expand in northern Mexico

Charlie Brooks

Dec 16, 2022 10:52

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Italian luxury brakes manufacturer Brembo, which supplies Tesla (NASDAQ:TSLA), Ferrari (NYSE:RACE), and other automakers, wants to expand one of its operations in the northern Mexican state of Nuevo Leon, government officials announced Thursday.


Since 2015, the firm has been operating in the Texas-bordering state of Nuevo Leon, where it employs 1,150 individuals at its Escobedo location, according to a statement from the governor's office.


According to a source familiar with the subject, Brembo now intends to increase the capacity of this facility, with a target opening date of the second quarter of 2023. The corporation also has a satellite facility in Apodaca, a neighboring city.


"What they are doing with brakes and new digital braking systems is remarkable," said Nuevo Leon Governor Samuel Garcia during an event with Brembo officials in Italy, during a trip during which he visited with executives from many auto firms and spoke with the Pope.


Brembo failed to reply promptly to a request for comment.


Elon Musk, the chief executive officer of Tesla, visited Nuevo Leon in October, and Reuters has been told by sources that the business is contemplating investing there.


Milenio, a Mexican news network, said this week that Tesla might reveal its intentions at the beginning of 2023. A request for comment was not met with a quick response from Tesla.