Financial Associated Press, October 15 - Federal Reserve Balkin said that the auto industry has seriously promoted inflation.

CCRC In China: A Rosy Picture for a Silver Future, but Still a Greenhorn Venture

The model of elderly care service represented by the United States, the Continuing Care Retirement Community (CCRC), is gradually attracting attention in China.

Midea Completes Controlling Acquisition of Italian Medical Imaging Firm Esaote

Midea Group (美的集团) completed its acquisition of a controlling stake in Italian medical imaging company Esaote S.p.A. (百胜医疗) on October 9, the companies said. Esaote will join Midea Healthcare while continuing to operate as an independent business headquartered in Genoa, with research and manufacturing facilities in Italy and the Netherlands.

Pony.ai and Uber Plan London Tests for Gen-7 Robotaxis

Pony.ai (小马智行) and Uber (优步) said on October 8 that they plan to begin testing Pony.ai’s seventh-generation (Gen-7) robotaxis on London streets in the coming weeks. The announcement extends their European partnership, but sets out a testing plan rather than a launch date for passenger service.

ANTA Sports Becomes PUMA’s Largest Shareholder in €1.51 Billion Deal

ANTA Sports Products Limited（安踏体育用品有限公司）completed its acquisition of a 29.06% stake in PUMA SE on October 7, paying €1.5055 billion in cash to Artémis SAS, the investment company of the Pinault family. The transaction makes ANTA PUMA’s largest shareholder and gives the Chinese sportswear group a significant stake in a major European brand, while leaving PUMA independently governed.

Vanke Property Services Unit Aims A Billion-USD IPO

Onewo, formerly known as Vanke Service, was once the property service department of Vanke. The company’s earliest official announcement that it would split Onewo to go public was in 2021.