1.Facebook renamed Meta, Zuckerberg: will focus on shifting to emerging computing platforms based on virtual reality. From now on, meta-universe will come first, not Facebook first.

2.According to the announcement, in September 2020, the US PCE price index rose 4.4% year-on-year, 0.3% month-on-month, in line with market expectations; the core PCE index, excluding energy and food, rose 3.6% year-on-year, maintaining its highest level since 1991. For this report, outbreaks and supply chain blockages continue to drive up inflation. The latest outbreak in the United States gradually fell back after peaking in mid-September, but the resulting supply shortages continue to create inflationary pressures, limiting people’s ability to access goods and willingness to buy. Treasury Secretary Yellen continued to reassure markets in an exclusive interview over the weekend, saying bluntly that Americans had not seen this level of inflation for a long time, but that inflation would subside as the economy returned to normal.

3. Bosch Group: it will invest another 400 million euros in chip production in Germany and Malaysia next year to ease the global shortage. Car production around the world has been disrupted due to a lack of chips by carmakers, with suppliers relying almost entirely on chips from a handful of manufacturers in Asia and the United States.

4. German inflation hit 4.5 per cent in October, according to data. It hit a 28-year high. In 1993, under the influence of various policies and measures after Germany’s reunification, the German inflation rate rose to 4.6%. Experts believe that a number of factors have contributed to the current sharp rise in inflation, such as supply chain problems and international logistics problems, but the main factor is the surge in energy prices.

5. The US Senate recently passed the 2021 Security equipment Act, which requires the US Federal Communications Commission not to issue new equipment licenses to companies that have been listed as a “threat to national security” in the name of “national security.” to prevent the communications equipment of Huawei, ZTE and other Chinese companies from entering the US telecom network.

6. Patrushev, secretary of the Security Council of the Russian Federation, said that under the guise of protecting the environment, Europe intends to provide wind and solar subsidies to Ukraine to force it to give up cheap Russian natural gas. In order to achieve the goal of “climate neutrality”, Europe not only transfers environmentally polluting production overseas, but also plans to impose a “carbon tax” on these goods produced overseas.

7. Japanese publishing company Kokawa Group: establish a business alliance with Tencent Holdings. Tencent will pay about 1.76 billion for a 6.86 per cent stake in it, making it its third-largest shareholder to further promote its IP-based global media portfolio. This will be Tencent’s largest deal in Japan so far.

8.SpaceX: four astronauts will take off from the Kennedy Space Center on October 31st in a manned dragon spacecraft to the International Space Station. This is the fourth manned mission carried out by NASA. According to the plan, a total of six manned missions will be carried out to send astronauts to the International Space Station on a regular basis.

9. South Korea’s Ministry of Energy: cut the price of liquefied natural gas in specific industries by 25% for three years from November 1, in order to promote the sales of fuel cell vehicles across the country and accelerate the production and promotion of blue hydrogen. In addition, import duties on liquefied natural gas used by ships commuting between South Korea and foreign countries will be fully refunded.

10. Recently, the problem of supply chain disruption in the United States has become more and more prominent. under the epidemic situation, port overload and shortage of truck drivers have made the problem of supply chain disruption in the United States even worse. For some time, the uncertainty caused by the U.S. government’s economic policies and responses has made the supply chain problem difficult to solve in the short term.

11. Thailand and six ASEAN countries, including Singapore, Brunei, Laos, Cambodia and Vietnam, have submitted their regional comprehensive economic partnership agreement (RCEP) for approval on October 28, Thai Deputy Prime Minister and Minister of Commerce Zhu Lin said on November 1 local time. According to the regulations, at least 6 of the 10 ASEAN members and at least 3 of the 5 non-ASEAN members are approved and adopted before the agreement can enter into force. The agreement is expected to enter into force as scheduled on January 1, 2022.

12. Affected by the core shortage, Hyundai, Kia, South Korean GM, Renault Samsung and Ssangyong sold 577528 vehicles worldwide in October, down 21 percent from a year earlier, according to sales data released by major South Korean car companies.