EUR/USD 1.15709
-0.060%
Gold 4210.65
-0.003%
Oil 82.881
-2.644%
USD/JPY 160.200
0.149%
GBP/USD 1.34105
-0.037%
GBP/JPY 214.841
0.121%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On June 14, it was reported that on June 13, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, held talks with Mongolian Foreign Minister Battsetseg in Ulaanbaatar. Wang Yi emphasized that China is willing to work with Mongolia, under the strategic guidance of the two heads of state, to continue efforts towards building a community with a shared future of peaceful coexistence, mutual assistance, and win-win cooperation. Chinas foreign policy has always maintained continuity and stability, and China is willing to continue to be a trustworthy and reliable partner for Mongolia, providing sustainable support for Mongolias development and revitalization. Chinas 15th Five-Year Plan provides a comprehensive plan for high-quality development over the next five years and also offers the world a list of opportunities. The Chinese and Mongolian economies are highly complementary, and strengthening the alignment of development strategies is conducive to expanding cooperation areas, tapping cooperation potential, and promoting the economic and social development of both countries. China is willing to work with Mongolia to jointly build the Belt and Road Initiative with high quality, expand economic and trade cooperation, promote the improvement and increase of cooperation in various fields, and achieve more tangible results.June 14th - According to the China State Railway Group, from January to May this year, the national railway system transported a total of 1.67 billion tons of freight, with daily loading volume reaching a record high. Data released by the China State Railway Group shows that in the first five months, the national railway system transported a total of 1.67 billion tons of freight, a year-on-year increase of 1.8%; the average daily loading volume was 186,300 wagons, a year-on-year increase of 2.8%, with 202,400 wagons loaded on May 2nd, setting a new record for daily loading volume.According to Fox News: A senior U.S. government official said he believes an excellent and strong agreement has been reached.The Russian Ministry of Defense stated that air defense forces shot down 185 Ukrainian drones within 12 hours.On June 14, the Prime Minister and Foreign Minister of Qatar received a phone call from the Foreign Minister of Kuwait on June 13, 2026. During the call, they reviewed bilateral cooperation and ways to strengthen ties, and discussed mediation efforts between the United States and the Islamic Republic of Iran. In this context, both sides expressed high satisfaction with the progress made in the negotiations and the announcement by the Pakistani mediators of the final text of the peace agreement, and looked forward to the early signing of the agreement by the US and Iran. Both sides reaffirmed their full support for ongoing efforts to resolve all outstanding issues through dialogue and peaceful means, in order to consolidate regional and international security and stability and enhance the chances of achieving sustainable peace in the region.

Twitter CEO Says Two Leaders to Leave, Hiring Suspended During Musk Takeover

Charlie Brooks

May 13, 2022 10:00

T2.png


Two senior Twitter (NYSE:TWTR) leaders who oversee the consumer and revenue divisions will leave the social media company, CEO Parag Agrawal announced in a memo to employees on Thursday. This is one of the most significant changes at the company since billionaire Elon Musk announced he would acquire it for $44 billion.


Agrawal also stated in the memo, which was seen by Reuters, that Twitter would halt the majority of hiring and analyze all existing job offers to decide whether any "should be retracted."


He ascribed the decision in part to Twitter's inability to meet user growth and revenue benchmarks in order to preserve confidence that it might accomplish 2020's aggressive growth goals.


Agrawal wrote, "We must continue to be deliberate about our teams, hiring, and expenses."


The company had aimed for $7.5 billion in annual revenue and 315 million daily users by the end of 2023, but in its most recent quarterly report, it abandoned these targets.


On Thursday, both Kayvon Beykpour, who ran Twitter's consumer division, and Bruce Falck, who supervised revenue, posted that their departures were not voluntary.


"Parag requested me to resign after informing me that he intends to take the team on a new route," tweeted Beykpour, adding that he was still on paternity leave from Twitter.


Falck stated, "I'll clarify that I, too, was fired by (Parag)," however he later deleted the tweet.


Falck congratulated his staff in a series of tweets and altered his bio to indicate that he was unemployed.


"Your efforts allowed us to accomplish the outcomes we did; quarterly revenue does not lie. Google it, (NASDAQ:GOOGL) "he said.


Jay Sullivan, who led the consumer unit during Beykpour's sabbatical, will become the division's permanent leader. Agrawal stated in the memo that he will also oversee the revenue unit until a new head is appointed.


Agrawal stated that while no layoffs are anticipated, Twitter will lower its spending on contractors, travel, marketing, and real estate.

Suggestion