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A fire at an oil depot in Russias Krasnodar region has been put out, regional authorities said.Honda Motor rose in the short term, with the increase expanding to 8%; Nissan Motor plunged in the short term, turning from a rise to a drop of more than 4%.Honda Motors rose in the short term, with the increase expanding to 8%, while Nissan Motors plunged in the short term, turning from rising to falling by more than 4%.On February 5, DeepSeek impacted the AI supply chain. DIGITIMES Research stated that DeepSeek will not impact the AI chip market demand in 2025. In 2025, the global semiconductor industrys revenue will continue the trend of 2024, with an expected annual increase of 13.4% to reach a peak of US$714 billion.Futures News on February 5th: During the holiday, the overall demand for gasoline was acceptable, mainly supported by the expansion of public travel and the accelerated consumption rate of demand. The downstream mainly consumed the previous stocking inventory. Although the terminal consumption of diesel was limited, it was basically operated with low inventory. Therefore, the downstream stocking demand after the holiday supported the market price. However, considering that the trend of crude oil is not optimistic, the expectation of this round of price adjustment is initially stranded, and the expectation of the next round of price adjustment starts with a negative value, which has obviously suppressed the market price, and the market wait-and-see sentiment is difficult to eliminate. Taking all factors into consideration, it is expected that the price of gasoline and diesel will be mainly stable and weak after the holiday, and the downstream will maintain a medium-low inventory operation first.

New York property magnate contests "every element" of contempt order Trump probe

Aria Thomas

Jul 07, 2022 11:16


Cushman & Wakefield (NYSE:CWK), which appraised several properties belonging to Donald Trump, protested "every facet" of an order finding it in contempt of court in regard to subpoenas issued in a civil investigation into whether the former president manipulated asset valuations.


Justice Arthur Engoron of a New York state court in Manhattan determined Tuesday that Cushman, one of the world's largest real estate companies, was in contempt and imposed $10,000-per-day fines beginning July 7.


He chastised Cushman for delaying over its most recent date to obtain an extension to comply with subpoenas issued by New York Attorney General Letitia James, adding that the business "had only itself to blame if it chose to disregard the approaching deadlines."


Engoron acknowledged that James subpoenaed Cushman for a "vast" number of documents, but maintained that state law supported such a sweeping demand.


Cushman petitioned a state court of appeals in Manhattan to revisit the contempt ruling against Engoron and provide him extra time to comply with the subpoenas.


Cushman has indicated that it has provided over 650 assessments and several hundred thousand pages of documents since February, and has denied any charges that it has worked in bad faith.


A spokesman for James did not immediately respond to requests for comment.


James, a Democrat, is investigating whether Trump and his family business, the Trump Organization, inflated the assessments of golf courses, hotels, and other real estate to qualify for favorable loans then dropped the prices to avoid paying taxes.


Her office's ability to acquire documents is vital as it prepares to subpoena Trump and two of his adult children, Donald Trump Jr. and Ivanka Trump, on July 15.


Trump, a Republican, has called James' inquiry a "politically motivated witch hunt."


When Engoron convicted him in contempt on April 25, he paid $110,000 in fines. On Monday of last week, the court lifted the contempt order.