Category: Flash News

On May 11th local time, the operation of Newark International Airport in the United States has resumed normal. In the morning of that day, the Federal Aviation Administration of the United States grounded flights to Newark International Airport due to a malfunction of air traffic control equipment, which lasted for approximately 45 minutes. In an interview with NBC, US Secretary of Transportation Sean Duffy responded to the recent frequent malfunctions at Newark International Airport, stating that the air traffic control system used at Newark International Airport is very old and may have been in use for 25 to 50 years. The US Congress did not pay timely attention to this issue, and the malfunctions that occurred at Newark International Airport may occur in other parts of the United States. The US government must repair this system to solve the problem.

On May 11th, the Federal Aviation Administration of the United States grounded flights to Newark International Airport on the morning of the 11th due to air traffic control equipment malfunction. The grounding lasted for about 45 minutes, which means that flights to Newark International Airport cannot take off. According to the FlightAware website, which tracks real-time flight movements, as of 9:45 am on the 11th, approximately 42 flights at Newark International Airport were delayed and approximately 78 flights were cancelled. At present, the specific details of the malfunction of air traffic control equipment are still unclear.

May 11th, Mother’s Day is the peak sales season for the flower industry in the United States every year. But this year, due to the impact of the Trump administration’s tariff policies, flower prices have risen significantly compared to previous years, and business for merchants is clearly not as good as in previous years. According to CNN, about 80% of the flowers sold in the US market rely on imports, and the price of flowers in the market this year is almost twice as high as during Mother’s Day last year. Under heavy pressure, experts suggest considering emerging “origami bouquets” to save costs. According to a survey by an online consumer platform in the United States, due to tariffs and concerns about the economic outlook, American consumers’ Mother’s Day related spending this year has decreased by 14% year-on-year.

On May 11th, the “Unit Price Land King” Greentown Chaoming Oriental project located in Xuhui Binjiang, Shanghai, opened offline on the 11th. The 120 units with an average price of about 195000 yuan/square meter achieved “daylight”, with a daily sales amount of 6.988 billion yuan. This time, all 120 housing units are launched, with a unit area of approximately 275 square meters to 585 square meters. The average price of the project is 195000 yuan/square meter, and the highest unit price for duplexes is 260000 yuan/square meter. The total price range is between 41.23 million yuan and 154 million yuan.

On May 11th, Iranian Foreign Ministry spokesperson Bagae posted on social media during the fourth round of Iran US nuclear negotiations that a new round of indirect negotiations between Iran and the United States is being held in Muscat, Oman. Iran firmly upholds its legitimate and inalienable right to the peaceful use of nuclear energy under the Treaty on the Non Proliferation of Nuclear Weapons, and is fully prepared to continue diplomatic efforts to ensure the peaceful nature of its nuclear program. In addition, Bagai emphasized that Iran is also determined to work towards lifting the illegal and inhumane sanctions imposed by the United States on Iran for a long time.

On May 11th, the Israeli Defense Forces announced that their military operations in Syria are still ongoing and they are continuously monitoring the situation in Syria. The Israeli military stated that troops from the 210th Division have been deployed in the area and will assess the situation and respond accordingly. The unit is ready to prevent hostile forces from entering Druze villages and provide support to the Syrian Druze people in the area. Due to factors such as years of civil war, there is a lack of mutual trust between different ethnic groups and sects in Syria. On April 28th, a recording containing blasphemous religious content spread on social media, reportedly from a Druze person. Suspected to be affected by the recording incident, multiple clashes and attacks have occurred in two Druze settlements located in the southeast and southwest of the Syrian capital Damascus in recent days.

On May 11th, according to a research report by CITIC Securities, the profitability of the photovoltaic industry has significantly declined based on the 2024 annual report and the first quarter report of 2025. But the current research report believes that the bottom of the photovoltaic industry’s financial statements has already appeared, with a large number of fixed asset impairments in the fourth quarter and the impact of the Southeast Asian double reverse in the first quarter reflected in the reports. It is expected that the probability of further deterioration in profitability is relatively small. From the perspective of production capacity, the industry’s willingness to expand production has significantly decreased due to the impact of low profits. The growth rate of fixed assets is expected to fall sharply in the next year, but the existing production capacity is still significantly higher than demand. The research report suggests that the industry needs to focus on the progress of upstream destocking and capacity clearance in the future. At present, there are still certain technological iterations in the battery industry, and cash strapped enterprises are unable to carry out TOPCon transformation and upgrading or BC production capacity construction in the future. TOPCon production capacity that cannot be upgraded will gradually become difficult to obtain orders and be eliminated from the market, thus achieving the clearance of production capacity in the battery industry.

On May 11th, the United Nations Relief and Works Agency for Palestine Refugees in the Near East issued a statement stating that the Gaza Strip has been under siege for over 9 weeks, and Israel has completely banned the entry of all humanitarian aid, medical and commercial supplies. Israel’s act of artificially creating famine in Gaza for political purposes is’ extremely cruel ‘. The longer this blockade lasts, the more difficult it is to reverse the damage caused. The Near East Relief Agency stated that there are currently thousands of supply trucks waiting to enter Gaza, and the organization’s internal team in Gaza is also prepared to increase the delivery of supplies.

A reporter from the Science and Technology Innovation Board Daily learned that there has been a new development in the patent lawsuit between China’s third-generation semiconductor company Innolux and international chip giant Infineon. The Supreme People’s Court has made a final ruling, rejecting the jurisdictional objection appeals raised by Infineon China and Wuxi companies, and confirming the jurisdiction of the Suzhou Intermediate People’s Court over the case. In January 2025, InnoTech (Suzhou) Technology Co., Ltd. announced that the company and its wholly-owned subsidiaries are suing Infineon China, Infineon Wuxi, and Xinwoke for patent infringement. Infineon raised a jurisdictional objection, but it was rejected by the Suzhou Intermediate People’s Court in the first instance. Afterwards, Infineon appealed to the Supreme People’s Court. (Reporter Huang Xinyi)

On May 11th, Russian President’s Press Secretary Peskov announced in the early morning of the 11th local time that the three-day ceasefire period proposed by Russian President Putin during the celebration of the 80th anniversary of the victory of the Great Patriotic War in the Soviet Union has officially ended. He emphasized that the Russian side has not seen any real implementation of the ceasefire measures by the Ukrainian side.