Tesla, Inc. (Tesla) CEO Elon Musk (Elon Musk) was named "person of the year 2021" by time magazine.Time magazine said that as the richest man in the world, he doesn't have a house and has been selling his property recently. He put the satellite into orbit and used solar energy to serve thousands of households. He drives a self-made car that doesn't need gasoline and hardly needs a driver. With a wave of his finger, the stock market will soar or plummet. Every word he said was talked about by a large group of fans. When he pushed his business around the world, he dreamed of emigrating to Mars.

General Motors Co (General Motors) plans to invest more than $3 billion to build electric cars in Michigan.One of the projects will transform its O'Ryan assembly plant on the outskirts of Detroit to serve as its production center for electric pickups. The renovation will cost at least $2 billion and is expected to create more than 1500 jobs at the plant. General Motors Co also plans to build a battery factory near his assembly plant in Lansing, Michigan. The project will be carried out by a 50-50 joint venture between General Motors Co and his battery partner LG New Energy, which will share more than $2 billion in costs and create about 1200 jobs.

Volkswagen announced plans to build six superfactories in Europe to meet the group's growing demand for battery packs.. Volkswagen will invest about 2 billion euros in the plant for mass production of its own battery packs from 2025 on the current plant in Salzjit, Germany, which will start production in 2025. Volkswagen plans to build more super factories in Spain and Eastern Europe, the statement said. The exact location of the remaining two superfactories will be decided in the first half of 2022. Volkswagen plans to open two more battery factories in Europe by 2030.

Harley-Davidson (Harley Davidson) said on Monday that its electric motorcycle division LiveWire will go public through a merger of SPAC (a special purpose acquisition company).The combined company is expected to be valued at $1.77 billion. Through the transaction, LiveWire merged with SPAC of ABIC to make it a listed company. LiveWire's shares are expected to be listed on the New York Stock Exchange after trading closes in the first half of next year. Harley-Davidson will continue to own about 74 per cent of the new company, while ABIC shareholders will own about 17 per cent.

Japan's Murata production Institute (Murata) and French Michelin company (Michelin) jointly developed radio frequency identification (RFID) tags for automobile tires.. Wireless tags have been widely used in clothing inventory management and other fields. This time, the durability of the labels has been improved and new uses have been developed. The wireless tags developed by Murata are implanted into rubber tires through plastic substrates. Through the equipment of reading and writing data, we can master the inventory management of factories and warehouses, maintain resumes and other data from tire production to waste. If widely used, it will help to improve the efficiency of tire production, logistics, maintenance and so on.

Apple CEO Tim Tim Cook said in a recent interview that Apple Inc is focusing on three areas-augmented reality, artificial intelligence and autopilot. Cook describes these things as "core technologies" that will be applied in "a variety of different ways".

Intel Corp (Intel) will invest 30 billion Malaysian ringgit (approximately US $7 billion) to expand its production capacity at its advanced semiconductor packaging plant in Penang, Malaysia.Intel Corp is scheduled to hold a press conference on the investment at Malaysia's Kuala Lumpur International Airport on Wednesday. Intel Corp expands the production capacity of advanced semiconductor packaging plants in Malaysia and further strengthens Intel Corp's global service center. At the same time, the investment will position Malaysia as one of the key centres for manufacturing and sharing services. Intel Corp relies on the Malaysian market for chip packaging, which is the critical last step in the semiconductor manufacturing process.

Tsinghua Unigroup said the consortium led by two state-backed semiconductor venture capital companies would become its strategic investors.. The deal is the latest move by Ziguang to seek to restructure its assets. The consortium is led by Beijing Jianguang Asset Management Co., Ltd. And Beijing Zhilu Asset Management Co., Ltd. The company did not disclose the size of the deal. Next, Ziguang and strategic investors will decide how to restructure the chip group's extensive assets, which must be approved by the court.

Facebook Inc's parent company, Meta Platforms, spent $60 million to buy related trademark assets from Meta Financial Group, an American regional bank.. Meta seems to have decided that meta-universe will become popular in the next few years and bring handsome returns to the company. Facebook Inc announced in October that the parent company had changed its name to Meta Platforms. Meta has invested heavily in VR and AR, and it believes that Yuanyu will be the next stop for mobile networks.

The CSRC approved the IPO application of China Mobile Limited Co., Ltd. in accordance with legal procedures.. Prior to this, China Mobile Limited released a prospectus for A-share IPO on August 18, which is intended to be listed on the main board of the Shanghai stock market. it plans to issue no more than 965 million A-share shares and plans to raise 56 billion yuan, which is expected to become the largest IPO of A-share fund-raising in nearly a decade. After the return of China Mobile, the three major telecom operators will gather in the A-share market.

SenseTime Group (SenseTime Group), a Chinese artificial intelligence company, announced on Monday that it has decided to delay listing and return its application for shares.. The company also said it was still committed to completing the global offering and listing as soon as possible. SenseTime Group has already completed its IPO and Hong Kong IPO plans to sell 1.5 billion shares at a price between HK $3.85 and HK $3.99 to raise up to US $767 million.

Exchange traded funds (ETF) receive an influx of capital rarely seen in history.. Global ETF inflows exceeded the $1,000bn mark for the first time this year, surpassing the total of $735.7 billion for the whole of last year, according to Morningstar. This wave of capital inflows, coupled with a market rally, has pushed global ETF assets to nearly $9.5 trillion, more than double the sector's size at the end of 2018. Most of that money goes into low-cost u.s. funds, which track indices run by pilot, Blackrock and state street, which together control more than 3/4 of total u.s. ETF assets.

Japanese financial conglomerate Orix has decided to sell its subsidiary Yayoi to KKR for about 240 billion yen ($2.1 billion).. Yayoi develops and sells accounting and other business software, with sales of about 20 billion yen in the fiscal year ended September 2020. Orix bought Yayoi from MBK Partners in 2014 for more than 80 billion yen.

According to a survey on Japan's domestic shipbuilding industry released by Imperial Database Osaka Branch on the 10th, about 60% of enterprises' sales in 2020 were lower than those in 2019.. The survey was conducted on 488 Japanese shipbuilding companies and compiled the data of 462 companies that knew the sales in the three years from 2018. In 2020, the sales of enterprises decreased by 58.9% (272), increased by 26.0% (120), and the same as the previous year was 15.2% (70).

Pfizer Inc (Pfizer) announced Monday the acquisition of biopharmaceutical company Arena Pharmaceuticals, a deal that values Arena at $6.7 billion. Arena's products include a variety of promising development phase drug candidates in gastroenterology, dermatology and cardiology, including etrasimod, for a range of immune inflammatory diseases, including gastrointestinal and skin diseases. Arena has established a strong etrasimod development program, including two phase Ⅲ studies for the treatment of ulcerative colitis (UC), phase Ⅱ / Ⅲ studies for the treatment of Crohn's disease, phase Ⅲ studies planned for the treatment of atopic dermatitis, and ongoing phase Ⅱ studies for eosinophilic esophagitis and alopecia areata.

New Zealand's Fonterra, the world's largest dairy exporter, said on Monday that it plans to invest about NZ $4 billion (US $2.72 billion) by 2030 to convert milk into higher-value products.To pursue growth and reduce emissions. The company also said it planned to achieve net zero emissions by 2050. With global supply constrained, the dairy company has found strong demand for its products and expects demand to remain high in the short to medium term. The company is also considering an IPO of its Australian operations.

Money is flowing into global real estate investment trusts (REIT). The total market capitalization of global REIT reached US $2.5 trillion, a record high.. As of December 9, the total market capitalization of global REIT reached US $2,543.8 billion, nearly 20% higher than the level at the end of 2019. Among them, the capital inflow is obvious in North America, which has the largest REIT market in the world. The total market capitalization is already 25% higher than it was at the end of 2019. In 2021, the price of residential REIT, the largest by market capitalization in US REIT, rose 46 per cent, while office REIT and hotel REIT rose 13 per cent and 6 per cent respectively, and money is flowing back to areas hit harder by COVID-19.

Hilton Hotels Group (Hilton) said it will have five strategic goals in the next few years and will continue to develop the Chinese market in terms of scale, and plans to have 1000 hotels in the Chinese market by 2025.. Hilton executives said that at present, Hilton has about 400 hotels in the Chinese market, of which mid-and high-end hotels are the main force, adopting entrusted management and franchising in the management mode, although the epidemic has affected the tourism industry. however, Hilton is still full of confidence in the Chinese market, especially the domestic tourism market is gradually recovering. According to the plan, the number of Hilton hotels in China will reach 500 by the third quarter of 2022 and 1000 by 2025.