China's Evergrande delivers first electric vehicles

China's Evergrande delivers first electric vehicles

BEIJING (Reuters) - China Evergreened New Energy Vehicle Group Ltd. has started deliveries of its Hengchi 5 electric vehicle, with the first 100 customers getting their cars on Saturday, it said on its official WeChat account.China's Evergrande delivers first electric vehicles

The company, a unit of heavily indebted property developer China Evergrande Group, began production of the vehicle last month at a plant in the northern city of Tianjin.

With plans to build one million vehicles by 2025, Evergrande is aiming to shift the group's primary business from real estate to the automobile enterprise over the next decade.

It has said that it will begin mass production of its second EV model in the first half of 2023 and the third in the latter half of next year.

The Hengchi 5 sport-utility vehicle sells for 179,000 yuan ($24,690.00).

($1 = 7.2499 Chinese Yuan Renminbi)

Message To A Cheating Boyfriend: Absolute Best Ideas

If you're looking for the perfect text message to send to your cheating (ex, I hope!) boyfriend, you've found what you've been looking for.

I have collected the best messages to a cheating boyfriend from various web sources to make him realize how much he has hurt you.

Being cheated on and deceived is one of the worst feelings ever. It's almost impossible to put into words the hurt it causes, but it's very important to let the other party know how their actions made you feel.

If you don't know what to say, this article will really come in handy. You'll find over a hundred messages to a cheating boyfriend to verbalize whatever you're feeling.

If talking in person is too much for you at the moment, which makes a lot of sense, just send one of these messages via WhatsApp.

In addition, I have also included some very powerful cheating boyfriend quotes that you can use as text messages.

Let's dive right in!

1. “मैं तुम पर भरोसा करने के लिए मूर्ख नहीं हूँ; तुम मेरे भरोसे को धोखा देने के लिए मूर्ख हो। तो तुमने मुझे मूर्ख नहीं बनाया; तुमने खुद को बेवकूफ बनाया।"

1. “I am not a fool to trust you; You are an idiot for betraying my trust. So you didn't fool me; You made a fool of yourself."

2. “तुमने मुझे सिर्फ धोखा नहीं दिया; तुमने हमें धोखा दिया। तुमने सिर्फ मेरा दिल नहीं तोड़ा; तुमने हमारा भविष्य तोड़ा।"

2. "You didn't just deceive me; You cheated us You didn't just break my heart; You broke our future

3. "तथ्य यह है कि मैं अकेला हूं ने मुझे सिखाया है कि यह किसी ऐसे व्यक्ति के साथ रहने से कहीं बेहतर है जो धोखेबाज है। भावना मुक्त कर रही है। ”

3. “The fact that I am single has taught me that it is much better to be with someone who is a cheater. The feeling is liberating.”

4. "क्या यह जादुई नहीं है कि आप वह व्यक्ति कैसे बने जो आपने कहा था कि आप अपने जीवन में कभी नहीं होंगे? मुझे अंदर तक निराश करने के लिए धन्यवाद।”

4. "Isn't it magical how you became the person you said you would never be in your life? Thank you for letting me down."

5. "चूंकि जाहिर है, आपने सोचा था कि मैं आपकी एकमात्र महिला होने के लिए पर्याप्त नहीं थी, तो मुझे लगता है कि यह समय आपको एक बेहतर खोजने का है।"

5. "Since obviously you thought I wasn't good enough to be your only woman, I guess it's time to find a better one."

Timberwolves stink it up against Spurs

The Timberwolves' honeymoon couldn't be shorter, with the wedding taking place at midnight in Vegas at a drive-thru chapel with a pastor wearing an Elvis costume.

In the second quarter of the Wolves' fourth game of the season, his fans made fun of him. In the third quarter, they pushed up the volume on Xerox to 11.

On Monday night at Target Center, the Wolves lost 115-106 to San Antonio in a game that saw the Spurs lead by 35 points.

Wolves have many new players, but this loss was reconciled, and everything had to do with effort and basketball sense.

Wolves coach Chris Finch didn't hide his displeasure at his players' efforts or decisions. "They got us out in every way possible," Finch said. "They outnumbered us, outnumbered us, outnumbered us in every way. It was ugly and unacceptable."

Getting back on defense doesn't require years of experience playing together. Neither getting into the flow of the offense, nor making basic basketball decisions.

Early in the third quarter, Karl-Anthony Towns caught a defensive rebound and fired a hard pass towards Rudy Gobert, who was running near midcourt.

It's the kind of pass you teach second graders to never make. Gobert could not handle the pass, but even if he did catch it, he might have tripped or thrown it in an attempt not to travel.

Wolves have played four games. They are 2-2. Both wins are on an Oklahoma City team that lost 58 games last year, landed the second pick in the draft, took on Chet Holmgren, a Minnesota native, then lost to Holmgren for the season. A win against the Thunder is to be expected.

In two home games against well-trained but less-talented teams that share the ball and play defense - Utah and San Antonio - the Wolves are 0-2.

Their offense is often as sinister as a 1970 AMC Gremlin's no-oil gearbox. Their defense, especially their infection defense, is very poor.

Offensive mistakes are numerous. Sometimes they are very selfless, sometimes they are very selfish. Sometimes, usually in the mid-quarters, the offense turns back to the hero's ball, meaning players take it upon themselves to take quick shots or drive into the teeth of the defense instead of making an offensive flow.

What has been more sore against teams not from Oklahoma is defensive intensity, measured in their inability or unwillingness to get back on defense.

On Monday, the Spurs consistently brought Wolves down the court for an easy basket.

Wolves trailed 67-57 at halftime. The second number was not scary. The number one was

In the first half, Wolves lost 40 points in the paint and were out 15-2 at a sharp break.

After citing his team's defensive woes, Finch said, "There was no desire to share the ball tonight. And that was a big move.

You might assume that the legendary Spurs coach, Greg Popovich, spent hours cracking down on the Wolves game movie to come up with a plan to expose his weaknesses.

you will be wrong

Asked before the game what he found out about the Wolves, Popovich said, essentially, he didn't particularly care what the Wolves did as planned, because most NBA teams do the same thing.

He said the sport is about competition and talent, that all teams run the pick and roll, "try to get back on defense and get good shots. The principles are the same."

No matter how complex the plans, basketball is a simple game, and the simplest and sometimes most important task is to try on the defense.

South Korea expands corporate bond-buying program 

SEOUL (Reuters) - South Korea's government will expand its corporate bond-buying program among other liquidity supply measures amid growing concerns about a credit crisis in the bond and short-term money markets.South Korea expands corporate bond-buying program 

Economy and Finance Minister Chu Kyung-ho said on Sunday that the government would increase the limit on the corporate bond-buying facility run by state-run banks to 16 trillion won ($11 billion).

After a meeting with top financial officials, including the central bank's governor and regulatory chief, Chu said the measure is aimed at easing concerns about volatility and tight liquidity in corporate bond and short-term money markets.

Commercial paper issued by securities firms will be included in the facility's purchase list, while an additional $3 trillion won liquidity will be supplied by Korea Securities Finance Corp for securities firms facing liquidity crunch, he said.

Governor Ri Chang-yong told reporters that the Bank of Korea's monetary policy board would also consider measures of its own, such as reactivating a special purpose vehicle for buying corporate bonds and those introduced for the first time during the pandemic. commercial paper.

But the bases of macroeconomic monetary policy remain unchanged as the issue is temporary and is exclusively for the commercial paper market, he said.

Concerns are rising about signs of tension in South Korea's short-term money market, with the central bank raising its policy interest rate by 250 basis points from a record-low 0.5% since August last year to control inflation.

The official day-end yield on the 91-day commercial paper rose to 4.25% on Friday from 1.55% at the start of the year, raising the central bank's policy rate by 48 basis points to 125 basis points. same period.

To help ease the situation, the Financial Services Commission said on Thursday it would delay by six months a plan to normalize requirements for banks to hold more liquid assets.

Also, South Korea's Bond Market Stabilization Fund will resume buying corporate bonds and commercial paper worth up to 1.6 trillion won from Monday.

($1 = 1,428.3200 won)

Hungary extends loan rate cap scheme to small

BUDAPEST (Reuters) - Hungary will expand its current cap on mortgage rates from mid-November to include variable rate loans to small and medium-sized businesses to avoid a recession, Economic Development Minister Maarten Nagy said on Saturday.Hungary extends loan rate cap scheme to small

With inflation above 20% in September and still rising, and the economy slowing, Prime Minister Viktor Orban's government faces the challenge of halting price increases while trying to avoid a recession in 2023. . This has already capped the prices of fuel and basic food items and the price of mortgages. Energy bills are also limited for homes with average use.

On Saturday it announced a $150 billion ($362 million) subsidy to help large companies invest in energy efficiency improvements, and its plan to limit interest rates on loans with cost-bearing commercial banks. be extended.

Negi said that after the emergency rate hike by the central bank on October 14, rates on trade loans will be capped at the 3-month interbank rate of June 28, which was 7.77% as against the current rate of 16.69%. The cap is in effect until July 1, 2023, similar to the current cap on home mortgage rates, Nagy said.

Negi said the stock of variable-rate loans held by about 60,000 small firms was close to 2 trillion forints, and the measure was aimed at avoiding these businesses paying 20% ​​or more rates on their loans.

"We want to avoid a slowdown in the economy next year and we have every chance of 1% growth," Negi said at a briefing.

"With this credit limit, we want to prevent yet another blow to the corporate sector arising out of a spurt in their repayment."

In May the government announced unexpected taxes worth 800 billion forints earned by banks, energy companies and other firms to bridge the budget gap plaguing Budapest stocks and investors.

($1 = 413.9900 forints)

Giorgia Meloni was sworn in as Italy first woman prime 

Giorgia Meloni was sworn in as Italy first woman prime 

ROME (Reuters) - Giorgia Meloni was sworn in as Italy first woman prime minister on Saturday alongside her cabinet team, Giorgia Meloni was sworn in as Italy's first female prime minister with her cabinet team on Saturday, giving the country its most right-wing government since World War II.

She takes office at a particularly fraught moment, with Italy's debt-laden economy spiraling into recession once again, firms succumbing to the weight of rising energy bills, and the war in Ukraine over its coalition. divided inside.

Standing under the crystal chandelier of a mural in the presidential palace, Meloni takes the oath of office while watching her 6-year-old daughter.

The head of Italy's Nationalist brothers, Meloni won the election last month as part of a coalition that included Forza Italia and Matteo Salvini's anti-immigrant league led by former prime minister Silvio Berlusconi.

His government, the 12th of this century, replaces a national unity administration run by former European Central Bank chief Mario Draghi, which was at the forefront of the EU's efforts to sanction Russia after it invaded Ukraine in February.

While Meloni has promised support for Ukraine, Berlusconi has repeatedly downplayed him, blaming Kyiv for the war earlier this week and revealing that he had accompanied his old friend, Russian President Vladimir Putin. Gifts and "sweet letters" were exchanged.

After several days of tense talks, Meloni unveiled his team on Friday, giving five ministries to Ligue and Forza Italia and reserving nine cabinet positions for his party.

Technocrats make up the rest of the 24-strong squad, which consists of just six women and where the average age is 60.

Italy's perennially weak economy and rising national debt were attributed to Giancarlo Giorgetti, seen as a moderate member of the League. The foreign ministry was assigned to Forza Italia veteran Antonio Tajani, who was seen as a pro-European pigeon.

Tajani told a local television channel that his first task would be to call his Ukrainian counterpart to assure him of Italy's continued solidarity.

'Patriots coming to power'

Meloni's party has neo-fascist roots, but he sought to project a moderate image during the election campaign, abandoning previous anti-EU rhetoric and pledging to place Italy at the center of European and Western institutions.

The leaders of the European Commission in Brussels sent him congratulatory messages on Saturday.

"I count on those challenges and look forward to a constructive collaboration with the new government," Commission chair Ursula von der Leyen wrote on Twitter.

Meloni also received praise from Europe's nationalist conservatives, who hoped that his government would prove to be a powerful ally in his regular fighting with Brussels.

"Congratulations Giorgia Meloni on the formation of your government! Big day for the European right!" Hungarian Prime Minister Viktor Orban wrote on Twitter.

French far-right leader Marine Le Pen tweeted: "Across Europe, patriots are coming to power."

Meloni is scheduled to hold her first cabinet meeting on Sunday after formally handing over power to Draghi.

She will then face mandatory confidence votes in parliament during the week that she will easily secure a majority.

Dollar Gains on Rising Yields Sterling Slips as Retail Sales Slump

Dollar Gains on Rising Yields Sterling Slips as Retail Sales Slump 2022

The US dollar strengthened in early European trade on Friday, as Treasury yields hit new highs, while sterling weakened as retail sales slumped in September, while political chaos continued in the UK.

At 03:55 ET (07:55 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, rose 0.1% to 112.980.

The US Federal Reserve is widely expected to continue its aggressive interest rate hikes at its next meeting in early November, with Fed policymakers continuing to press the need for a tighter monetary policy to curb rising inflation.

Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday that the central bank is not done with raising its short-term rate target, "Given the lack of our apparently disappointing progress on reducing inflation, I expect that we will be above 4% by the end of the year, compared to the current federal funds rate target of between 3% and 3.25%.

This flamboyant talk made the U.S. That helped Treasury yields climb to new multi-year peaks, and pushed USD/JPY to a 32-year high above 150, which is currently up 0.2% at 150.41.

Markets remained on high alert for any signs of interference by Japanese authorities, although last month's move to buy the yen at the 145 level for the first time since 1998 has had little effect.

"We cannot tolerate excessive moves by speculators. We will respond appropriately to currency market movements," Japanese Finance Minister Shunichi Suzuki said on Friday.

GBP/USD fell 0.5% to 1.1190 after UK retail sales fell for the second straight month in September, down 1.4% in the month and 6.9% in the year, as consumers tackle runaway inflation as consumers move the country forward. Restricted spending for Closer to recession.

The pound had already given back early gains, falling to its lowest level in a week, after news that British Prime Minister Liz Truss had resigned after only six chaotic weeks in office.

The EUR/USD fell 0.1% to 0.9770 after EU leaders again failed to come to an agreement to cap gas prices, in the early hours of Friday morning to examine options for capping costs. decided to.

The sector is driving inflation from higher energy prices, possibly prompting the European Central Bank to act more forcefully, increasing the potential for recession across the continent.

AUD/USD fell 0.1% to 0.6270, NZD/USD fell 0.3% to 0.5664, weighed by retrace risk sentiment, while USD/CNY rose 0.4% to 7.2472, trading near 14-year high, Chinese economy The delay in key third-quarter GDP figures follows rising uncertainty over the US.

NEW YORK (Reuters) -Apple workers vote to unionize second USA store at its Oklahoma location, the US National Labor Relations Board (NLRB) said on Friday, making it the tech giant's second US store to organize.

Employees of Apple's (NASDAQ:AAPL) Penn Square store in Oklahoma City voted 56 to 32 in support of joining the Communications Workers of America Union (CWA), securing the required majority, according to a tally by the NLRB.

Apple workers vote to unionize second USA store

The move to organize into new industries during the pandemic sparked concerns about workplace safety. The momentum continues at companies including Amazon.com Inc. (NASDAQ:AMZN) and Starbucks Corp. (NASDAQ:SBUX), and others.

The workers, who call themselves the Penn Square Labor Alliance, sought to join the CWA to address concerns including fair compensation, career development and COVID-19 health and safety concerns.

The NLRB did not immediately respond to a Reuters request for comment.

Kevin Herrera, Apple's part-time expert and one of the lead organizers, said, "The thing that really did this for us was seeing our peers at other Apple Stores, our partners with Starbucks and other companies seeking better for ourselves." start doing it." Oklahoma City location.

The CWA filed an unfair labor practice charge in early October, alleging that Apple managers at the Oklahoma location informed workers that support for the union was futile, threatening to withhold benefits from workers who supported the union. , who were engaged in unlawful surveillance and interrogated the workers. CWA's press release.

Apple declined to comment on the allegations.

"We believe that our open, direct and collaborative relationships with our valued team members are the best way to deliver an outstanding experience for our customers and our teams," Apple said in a statement.

“We are proud to provide strong compensation and exceptional benefits to our team members. Since 2018, we have increased our starting rates in the US by 45% and we have made several significant improvements to our industry-leading benefits, including new Includes educational and family support programs," the company said.

Apple employees near Baltimore, Maryland, voted to join the International Association of Machinists and Aerospace Workers in June.

The CWA in May withdrew an election petition on behalf of Apple employees in Atlanta, Georgia, which claimed that Apple had repeatedly violated federal labor law and caused COVID infections among store employees, according to the CWA. The rising numbers had made fair elections impossible.

A regional NLRB office on September 30 accused Apple of illegally trying to stop a union campaign at a New York City retail store by questioning employees and stopping pro-union flyers from dropping off in a break room.

Some current and former Apple employees began criticizing the company's working conditions online last year using the hashtag #AppleToo.

According to the company's website, Apple has 272 stores in the United States.