GMT EIGHT - Latest - Rumble (RUM.US) plans to invest nearly 1.2 billion dollars to acquire the German AI cloud company, Northern Data.

4 m ago

According to the news from the "Baotou Release" WeChat public account, on August 11, Baotou City held a government-business forum on the crystal silicon photovoltaic industry. Chen Zhichang, the Secretary of the Municipal Party Committee, Meng Qingwei, the Deputy Secretary of the Municipal Party Committee and Mayor, and 10 leaders of crystal silicon photovoltaic enterprises held face-to-face discussions to promote cooperation between government and enterprises and seek high-quality development of the crystal silicon photovoltaic industry. During the forum, leaders of companies such as Meike Shares, Daquan New Energy, Tongwei High-purity Crystal Silicon, Shuangliang Silicon Materials, Hongyuan New Materials, Newtex Silicon Materials, Jinko Solar, Xinyuan Silicon Materials, Atersun Solar Energy, and Dongfang Risheng New Energy each presented their views and suggestions regarding their own development and the industry situation, expressing confidence in the industry's prospects and in the development of Baotou, and indicating their commitment to deepen pragmatic cooperation with Baotou. Chen Zhichang stated that we must always maintain confidence in development, strengthen analysis and judgment of industry development trends, address industry cyclic adjustments correctly, further refine and improve policies and measures to support the development of the crystal silicon photovoltaic industry, and promote the high-quality development of the industry through collaborative efforts between government and enterprises. It is necessary to adhere to technological innovation to lead industrial innovation, focus on new technology R&D and downstream application expansion, deepen pragmatic cooperation with various enterprises, and promote the extension, complementation, and strengthening of the industrial chain. It is important to fully leverage the advantages of green electricity, increase the application of green production processes, play a leading and exemplary role in green and low-carbon development. Leveraging Baotou's solid equipment manufacturing industry foundation to expand cooperation with various enterprises and attract more industrial projects to Baotou. Increase stable and effective financial support for enterprises, promote in-depth government-bank-enterprise coordination, tailor financial solutions to address the financing difficulties faced by companies. Strengthen resource guarantee, make efforts to solve problems in areas such as water, electricity, land use, and industrial park facilities that are raised by companies, and continuously improve the business environment in practice.

4 m ago

American officials are saying that NVIDIA and AMD have agreed to hand over 15% of their revenue to the US government in exchange for export licenses.

6 m ago

MSCI Northern Europe Index fell 0.8% on August 1st, marking its worst single-day performance since then (down 1.7%), closing at 338.47 points. Among the 10 sectors, the Northern European industrial sector led the decline. Renewable energy company Orsted AS fell 29.7%, posting the worst performance among the components of the Northern European stock index.

6 m ago

MSCI Northern Europe Index fell by 0.8%, marking its weakest single-day performance since August 1st, at 338.47 points. Among the 10 sectors, the Northern European industrial sector led the decline. Renewable energy company Vow ASA dropped by 29.7%, performing the worst among all component stocks.

9 m ago

Germany is investigating manipulation of the natural gas market.