Trump says 'very wealthy' group ready to buy TikTok
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
19 minutes ago
- Zawya
Linyi Trade City ready to expand reach across world
LINYI, CHINA - Media OutReach Newswire - 2 July 2025 - From small roadside stalls to China's largest professional market cluster, Linyi Trade City in Shandong province, has achieved leapfrog growth during the past four decades and is poised to extend its reach across the globe. Currently, there are 136 professional wholesale markets and 63,700 shops in the trade center, as well as more than 6 million kinds of products from 27 categories. Its trading value reached 660.48 billion yuan ($91.94 billion) in 2024 and the logistics volume amounted to nearly 1.01 trillion yuan. To accelerate the trade center's transformation and upgrading, Linyi city authorities have introduced a package of policies and incentives, encouraging local enterprises to grow their foreign trade business and establish a presence in international markets. The trade city has also built 59 overseas malls and warehouses so far, as well as 45 international procurement service centers and offices, as part of its efforts to raise visibility globally and develop its international trade network. Launched in 2023 in Yongin, the Lanhua (South Korea) Overseas Mall displays a wide range of domestic products such as household goods, pet supplies, outdoor and camping equipment, and hardware tools. While expanding abroad, the trade city has been committed to attracting global buyers and investors. During the first four months of 2025, it received 13,233 overseas business visitors, generating intent transactions of 906 million yuan. Strong logistics infrastructure is essential to foreign trade and urban growth. Linyi has built a multidimensional international logistics system integrating road, rail, air, and sea freight, linking itself with nine regions such as Europe, the Middle East, Africa and Southeast Asia. Currently, the city is home to 51 international road freight companies and operates nine direct international routes to 10 countries. "Although Linyi is an inland city, we have established a maritime container depot in collaboration with Qingdao Port and Rizhao Port. Through resource integration and procedure optimization, we have helped enterprises cut logistics costs by 30 percent," said Hua Qianli, manager of Linyi Port. Last year, the port handled 198,000 twenty-foot equivalent units of cargo, valued at 19.2 billion yuan. Meanwhile, the city recorded 452 China-Europe Railway freight train trips to 40 cities in 12 countries, along with 480 direct flights to Seoul, transporting 2,067 metric tons of air cargo. Hashtag: #Linyi The issuer is solely responsible for the content of this announcement. Linyi Small Commodities Chamber of Commerce
UAE Moments
19 minutes ago
- UAE Moments
♏ Scorpio Daily Horoscope for July 2, 2025
Love Open communication is powerful now. If tensions linger, address them with honesty and compassion. New connections may emerge—perhaps from your past. Authenticity attracts depth. Finance Your strong analytical side gives you financial advantage today. Research before investing and think long-term. Careful planning will yield better results than quick decisions. Career A breakthrough could be on the horizon. You're sharp and focused—innovative ideas will get noticed. Channel your intensity into strategic action for best results. Health Balance is essential. Counter stress with physical activity like swimming, walking, or deep breathing. Use downtime to reset your mind. Personal Growth Embrace today's energy for transformation. A shift in routine or mindset could open new pathways. Reflect on how changes align with your long-term vision. Lucky Color & Numbers
UAE Moments
20 minutes ago
- UAE Moments
Trump Threatens to Deport Elon Musk as Their Feud Escalates
Things just got more intense between Donald Trump and Elon Musk. During a press event on Tuesday, the U.S. President hinted he might consider deporting Musk, the billionaire CEO of Tesla and SpaceX. 'I don't know, we'll have to take a look,' Trump said when asked directly, keeping things vague but serious. EV cuts may have sparked the fallout The tension appears to be over Trump's controversial 'Big Beautiful Bill,' which slashes subsidies for electric vehicles—a move that Musk has publicly criticized. Trump responded by saying Musk was 'very upset' over the loss of the EV mandate, warning that 'Elon can lose a lot more than that.' 'Doge is a monster that might eat Elon' In one of his more colorful threats, Trump suggested that Doge —the Department of Government Efficiency, formerly led by Musk—might be turned against the companies Musk runs. 'Doge is the monster that might have to go back and eat Elon,' Trump said. Musk had resigned from Doge in May after leading a high-profile crackdown on government spending. Musk replied on X (formerly Twitter), teasing escalation: 'So tempting to escalate this. So, so tempting. But I will refrain for now.' From biggest donor to public enemy? Musk was once a close Trump ally—his top donor in the last election—and even held a key advisory role. But the two had a very public falling out last month over the tax and spending bill, with most of the drama unfolding online.
