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The death toll from the collapse of a residential building in Cairo, Egypt, rose to eight. In the early morning of December 10, local time, an old five-story residential building collapsed in Abasia District, Cairo, Egypt. The local civil defense department has rushed to the scene to carry out search and rescue work. Up to now, the bodies of eight victims have been found and six others have been rescued. The procuratorate has been involved in the accident investigation. (CCTV News)Anbotong: Signed a 153 million yuan intelligent computing center construction contract. Anbotong announced that the company and Wuxi Yixin Intelligent Computing Technology Co., Ltd. signed the "Wuxi Software Park Artificial Intelligence Intelligent Computing Center Platform Construction Project Contract". The contract amount is RMB 153 million, which will be used to provide intelligent computing center platform construction services and AI computing equipment. The contract shall come into effect after being signed and sealed by the legal representatives or authorized representatives of both parties. This cooperation aims at accelerating the layout of the company in the digital economy industry, enhancing the R&D and innovation capability of artificial intelligence networks, thus optimizing the business structure and enhancing the comprehensive competitiveness. The smooth performance of the contract is expected to have a positive impact on the company's future performance.Haineng Industry: The controlling shareholder intends to reduce the company's shares by no more than 3%. Haineng Industry announced that Mr. Zhou Hongliang, the controlling shareholder, actual controller and chairman of the company, plans to reduce the company's shares by no more than 7,835,800 shares through centralized bidding and block trading from January 1, 2025 to March 31, 2025, accounting for 3% of the share capital after excluding the company's repurchase special account. Among them, it is planned to reduce the holding of no more than 2,611,900 shares through centralized bidding, accounting for 1% of the share capital after excluding the company's repurchase special account; It is planned to reduce its holdings by no more than 5,223,900 shares through block trading, accounting for 2% of the share capital after excluding the company's repurchase special account. Mr. Zhou Hongliang currently holds 136 million shares of the company, accounting for 52.10% of the share capital after excluding the company's repurchase special account. Due to the shareholders' own capital demand, this reduction will not lead to the change of the company's control rights, nor will it affect the company's governance structure and going concern.

Singapore real estate tycoon plans to set up a family office in Abu Dhabi, and the family of Singapore real estate tycoon Raj Kumar plans to set up a family office in Abu Dhabi. Kishin RK, the son of Rajkumar, said that Abu Dhabi was chosen because of its strategic location and internationally recognized legal framework. "Setting up a family office in Abu Dhabi also allows us to expand our investment in the UAE and the Middle East." The net worth of Rajkuma family is estimated to be about $3.15 billion. Gissing did not disclose the scale of management funds of the family office, but said that they are recruiting and will focus on real estate investment in the retail, commercial and hotel sectors.TikTok Store was officially launched in Spain, and TikTok issued a statement on December 10th local time, saying that TikTok Store has been officially launched in Spain.International Air Transport Association: The passenger flow of the global aviation industry is expected to reach a record in 2025. The largest lobbying group in the industry said in its annual forecast that the net profit of the global aviation industry will reach 36.6 billion US dollars in 2025, driven by the record number of 5.2 billion passengers. According to the International Air Transport Association, this expectation means an increase of 16% compared with the data in 2024. The profit margin of this industry will be 3.6%, higher than 3.3% in 2024. The industry organization said that falling oil prices and increasing demand will boost profitability, while the potential tariffs and trade wars of the incoming Trump administration may damage the prospects of the industry.

Boeing also exposed nearly 1,000 layoffs. According to American media reports, American aircraft manufacturer Boeing will lay off employees again, involving nearly 1,000 people in Washington State and California. This batch of layoffs is part of Boeing's plan to lay off 17,000 people worldwide announced in October. The Associated Press reported on the 9th that Boeing's latest layoffs involved nearly 400 people in Washington State and more than 500 people in California. The posts to be abolished include engineers, personnel and analysts, affecting Boeing's civil, defense and global service departments. In a document submitted to the government in mid-November, Boeing said that it plans to lay off about 2,500 people, and with the latest report of nearly 1,000 people, Boeing has recently laid off about 3,500 people. Kelly Otterberg, CEO of Boeing, said that layoffs are not due to strikes, but to redundancy. The strike of Boeing's 33,000 people's congress lasted for nearly two months, which caused the production of Boeing's various passenger planes to encounter obstacles. The workers who took part in the strike voted on November 4 to accept the terms of the new labor agreement and end the strike. According to an insider's disclosure on the 9th, Boeing resumed production of the 737 MAX passenger plane on the 6th. Reuters commented that it is very important for Boeing to restart the production of this aircraft. Boeing now holds about 4,200 orders for 737 MAX. (Xinhua News Agency)Tongyizhong: It plans to acquire 75.8% of the shares of Chaomeisi New Materials with 243 million yuan. Tongyizhong announced that the company plans to acquire 75.80% of the shares of Chaomeisi New Materials Co., Ltd. with its own funds of 243 million yuan. After the completion of this transaction, Chaomeisi will become a holding subsidiary of the company.The death toll from the collapse of a residential building in Cairo, Egypt, rose to eight. In the early morning of December 10, local time, an old five-story residential building collapsed in Abasia District, Cairo, Egypt. The local civil defense department has rushed to the scene to carry out search and rescue work. Up to now, the bodies of eight victims have been found and six others have been rescued. The procuratorate has been involved in the accident investigation. (CCTV News)