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The fire in Malibu, a coastal city in California, spread rapidly and tens of thousands of residents were evacuated. In the early morning of Tuesday, local time, the fire in Malibu, California, USA doubled in an hour, and the fire quickly destroyed houses. The local government issued an evacuation order and schools were closed. The California Forest and Fire Department said that the Franklin mountain fire in Los Angeles County began to get out of control on Monday night, with an area of 2,200 acres. All schools in Malibu are closed until further notice. Pepperdine University is closed. As of Tuesday morning, about 18,000 residents had received evacuation orders or warnings. The section of the Pacific Coast Expressway extending from Pacific Palisades to central Malibu was closed, and only evacuated people could use it. Malibu City Hall has been evacuated, and officials are working in the nearby city of Calabaca. Anthony Marrone, director of the Los Angeles County Fire Department, said at a news conference on Tuesday that the fire was still out of control and about 700 firefighters were on the scene. Marrone said that only a small number of houses were destroyed and fire investigators were investigating the cause of the fire. So far, no casualties have been reported.CEO of Ferrari: We have seen opportunities in different countries, but we need to grow at the right speed. We still plan to launch (the first) electric vehicles in 2025.Hungarian Prime Minister Orban will meet with Turkish President Erdogan in Ankara on Thursday to discuss the conflict between Ukraine and the Middle East.

JPMorgan Chase's guidance on adjusting net interest income is now expected to exceed analysts' expectations. JPMorgan Chase changed the previous statement that analysts were too optimistic, saying that the bank now expects net interest income to exceed expectations next year. Marianne Lake, head of consumer and community banking in JPMorgan Chase, said at a financial services conference hosted by Goldman Sachs Group on Tuesday that this key income may be about $2 billion higher than the current estimate.Allianz's investment in national pension has been approved, and the pace of foreign investment in China's insurance market has accelerated. The State Financial Supervision and Administration recently approved the change of registered capital of national pension, and agreed that Allianz Investment Co., Ltd. will subscribe for 2% of the shares of national pension for about 284 million yuan, becoming the first foreign shareholder of national pension, thus increasing the registered capital of national pension to about 11.378 billion yuan. Since the beginning of this year, a number of foreign investors have increased the insurance market in China. Analysts said that this aspect shows that China's insurance industry has further deepened its opening to the outside world, providing a more relaxed policy environment for foreign investors to overweight China's insurance market; On the other hand, it shows that it has confidence in the development of insurance industry in China and will attract more foreign-funded institutions to enter the insurance market in China. (SSE)US Secretary of State Blinken discussed the Syrian issue with the foreign ministers of Jordan, the United Arab Emirates, Qatar and Egypt on Tuesday.

Chongqing Rural Commercial Bank: Peng Yulong's qualification as a director was approved. Chongqing Rural Commercial Bank (referred to as Chongqing Rural Commercial Bank) announced that it had recently received relevant approval, and the Chongqing Supervision Bureau of the State Financial Supervision and Administration Bureau had approved Peng Yulong's qualification as a director of the bank. The above qualifications took effect on December 9, 2024, and his term of office ended on the expiration of the fifth board of directors of the bank.Wells Fargo lowered the target price of LyondellBasell from $105.00 to $95.00.Brent crude oil futures closed at $72.19 a barrel, up 0.07%.