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On April 21, Apples (AAPL.O) new hardware chief told employees on Monday that the newly merged Hardware Engineering and Hardware Technology division will be organized around five key areas. John Turner was appointed CEO, and Johnny Srouji was appointed Chief Hardware Officer. Srouji stated that the team will be divided into five departments: Hardware Engineering, Chips, Advanced Technologies, Platform Architecture, and Project Management. This move aims to simplify its organizational structure, and the division will add thousands of employees and take on engineering design responsibilities for iPhones, iPads, Apple Watches, and other products.According to Futures News on April 21, as of 8:30 AM Beijing time, spot platinum fell 0.07% and spot palladium fell 0.07%.South Koreas exports remained strong in the first 20 days of April, indicating that external demand remains resilient despite increased inflation and growth risks from soaring oil prices and a weaker currency. According to customs data released Tuesday, exports in the first 20 days of April, adjusted for working day differences, rose 49.4% year-on-year. In comparison, the increase in the same period in March was 40.4%. Unadjusted exports also rose 49.4%, while imports increased by 17.7%, resulting in a trade surplus of $10.4 billion. Semiconductor exports surged 182.5%, driving overall exports, fueled by strong investment in artificial intelligence and data centers. Computer peripheral exports jumped 399%. Petroleum products also contributed, growing by 48.4%, with energy exports partly boosted by rising crude oil prices. Meanwhile, exports of automobiles and auto parts both declined. These data suggest that South Koreas export engine remains intact despite heightened external risks.Artificial Intelligence: 1. The Dark Side of the Moon has officially launched and open-sourced its new model, Kimi K2.6. 2. Amazon: Will invest up to $25 billion in Anthropic. Anthropic will receive 5 gigawatts of Trainium chips. Anthropic will invest over $100 billion in AWS technology. 3. Alibabas HappyHorse will open beta on April 27 and officially launch commercially in May. 4. The Supreme Peoples Court: Is currently drafting opinions on properly handling disputes involving artificial intelligence in accordance with the law. Other: 1. Apple announces a change in leadership: Tenas takes over as CEO, Cook becomes executive chairman. 2. Huaweis first wide-folding phone is equipped with the Kirin 9030 Pro across the board, starting at 10,999 yuan. 3. Yu Chengdong: There is significant pressure on phone pricing, and prices may increase later. 4. Li Liang, Vice President of Douyin Group, responds to ByteDances 70% net profit decline: This figure is based on international accounting standards. 5. Tesla: There are currently no specific plans to mass-produce robots at its Shanghai Gigafactory. 6. Micron releases 24Gb (3GB) GDDR7 memory. 7. Musk absent from French prosecutors hearing. On April 21, CNN reported that on April 20 local time, US President Trump stated in a phone interview that Iran "will negotiate" and expressed confidence in the potential talks to be held in Pakistan. Trump said, "They will negotiate, and if they dont, there will be unprecedented problems." He also expressed hope that the two sides could reach a "fair agreement" and emphasized that Iran "will not have nuclear weapons." He also defended military action against Iran, saying there was "no other choice," and that the "finishing touches" would eventually be completed.

The conclusion of the Argentine truckers' strike increases grain shipments

Charlie Brooks

Jul 01, 2022 11:36


The Argentine truckers' strike ended on Thursday, when several unions incensed by fuel shortages reached an agreement to terminate the one-week protest near the vital port of Rosario, which is expected to assist future grain exports.


The truck driver's protest over high gasoline prices has halted shipments of corn and other goods, just as the bulk of the harvest was making its way to ports for export to worldwide markets.


Due to the exclusion of a few tiny truckers groups from the deal, however, it is possible that certain protests may continue.


Argentina is the second-largest exporter of maize, the top exporter of processed soy oil and meal, and a major supplier of wheat and beef.


One of the unions, Autoconvocados Unidos, issued the following statement: "Despite our dissatisfaction (with the latest settlement of truck freight rates) and in light of the present crisis in our country, we have chosen to halt the strike."


The union described their action as an act of kindness.


The number of trucks entering ports surged by 70 percent on Thursday compared to the previous day, reaching approximately 1,500 vehicles, as reported by the Rosario grains market.


The Rosario ports are the departure point for 80 percent of Argentina's agricultural exports, the vast majority of which are transported by truck.


The ability of trucks to access the port is returning to normal, according to the manager of the country's marine port chamber, Guillermo Wade.


Additionally on Wednesday, the transport ministry secured a deal with non-striking agricultural and transport groups to hike grain freight charges by 25%.


However, the majority of protesting unions, led by the UNTRA truckers' union, felt the rate increase insufficient and chose to dismantle highway blockades.


The head of the UNTRA, Carlos Geneiro, said, "We have far greater expenses than that."