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Hershey: After Michael Del Bozo leaves, CEO Michelle Barker will temporarily take over the American candy business. A successor will be sought from internal and external candidates.Reuters survey: 56 out of 97 economists said that the Federal Reserve will cut the federal funds rate to 3.50%-3.75% or lower by the end of 2025 (70 out of 99 economists in November).Zhou Xiaobo served as the deputy general manager of Haifutong Fund. On the evening of December 10th, Haifutong Fund Management Co., Ltd. announced the change of senior management: from December 9th, 2024, Zhou Xiaobo served as the deputy general manager of the company. The resume of the announcement shows that Zhou Xiaobo has served as the chief analyst of the chemical industry and director of the investment research department of Shanghai Shen Yin Wanguo Securities Research Institute Co., Ltd., the investment manager, assistant general manager (presiding) and deputy general manager (presiding) of the equity investment department of Taiping Asset Management Co., Ltd., and the deputy general manager of Shen Wanlingxin Fund Management Co., Ltd. In November 2024, he joined Haifutong Fund Management Co., Ltd.

Citigroup: India, Brazil, Mexico and Japan show good prospects in 2025.Zhongke Wenge completed a new round of strategic financing. On December 10th, Zhongke Wenge completed a new round of strategic financing, which was invested by Beijing Artificial Intelligence Industry Investment Fund. This round of funds will be mainly used for R&D investment in the field of large model and decision intelligence, and promote the commercial application of general artificial intelligence technology.300 yuan started the explosion of AI Translator into Huaqiang North, which attracted foreign tourists. In Huaqiang North, the merchants stopped selling "Apple" and sold "AI Translator"? The reporter recently visited the site and found that on the first floor of a shopping mall building, many merchants posted the "AI Translator" brand. The reporter learned that there are about 6 models of mainstream AI translation equipment at present, and the price ranges from 300-400 yuan. Some merchants told reporters that since this batch of "AI translators" were put on shelves in September, customers who came to consult and buy were in an endless stream. (CBN)

Citigroup's chief financial officer said that investment banking fees may increase by 25% to 30% year-on-year. Income guidance is maintained at the high end of the range of $80 billion to $81 billion.The pace of interest rate cuts may be inconsistent. The pound rose to the highest level against the euro since 2022, and the pound rose to the highest level against the euro in more than two and a half years. British government bonds fell because the market expected that the Bank of England would cut interest rates less than Europe. On Tuesday, the pound rose 0.3% against the euro to 82.50p, the first time since April 2022. British government bonds fell across the board, and the 10-year yield rose to 4.33%, the highest since November 28. Traders expect the Bank of England to stay put at its last policy meeting this year next week and maintain a cautious stance on subsequent interest rate cuts. The country's growth remains strong, while inflation in some areas remains high. At the same time, it is widely believed that the European Central Bank will cut interest rates by 25 basis points on Thursday to support the economy. "The 0.8200 mark is imminent," said Brad Bechtel, global foreign exchange director of Jefferies. "It is clear that the Bank of England will still lag far behind the European Central Bank in the pace and extent of interest rate cuts.In 6 years, Beijing 12345 received 150 million cases, and the satisfaction rate of Beijing 12345 received 97%. The 2024 Beijing reform forum will be held at the National Convention Center from December 18 to 19. On December 10th, the reporter learned from the press conference held by the Information Office of Beijing Municipal People's Government that the annual theme of this year's forum is "People-oriented Modernization of Urban Governance", and a number of theoretical research results will be released at the conference, and the Beijing Declaration on Modernization of Urban Governance (2024) will also be released. The reform of handling complaints immediately has gone through six years, and a group of people are anxious to solve the problem efficiently. In the past six years, the 12345 hotline has received 150 million complaints from the masses and enterprises, and the settlement rate of appeals has increased from 53% to 97%, and the satisfaction rate of appeals has increased from 65% to 97%, further enhancing the people's sense of acquisition, happiness and security. (Beijing Daily)