ArcelorMittal's Reims and Denain Sites Face Closure Amid Strikes

The U.S. Justice Department is pushing for a breakup of Google to enhance competition, while President-elect Donald Trump's new Department of Government Efficiency plans to end remote work for federal employees.

The public rapporteur has recommended cancelling the A69 motorway project authorization, citing insufficient justification for its construction. The Toulouse administrative court will hear appeals on November 25.

Egypt is negotiating long-term LNG contracts with foreign companies to address declining domestic gas production and rising energy demands.

European stock markets closed lower on November 20, 2024, as investors remained cautious ahead of Nvidia's earnings report, with the CAC 40 down 0.43%.

Turkish President Recep Tayyip Erdogan has announced that minimum wage increases will outpace inflation through 2025, aiming to protect workers' purchasing power amid ongoing inflationary challenges.

Sahra Wagenknecht proposes reviving the Nord Stream pipeline to address Germany's economic crisis, but political and technical challenges loom.

Egypt's Central Bank has begun the sale of 30% of United Bank shares, marking the second privatization of a state-owned bank in four years, aiming to raise up to $104 million as part of broader economic reforms.

Ford Motor Company has announced plans to cut 4,000 jobs in Europe by 2027, primarily affecting its operations in Germany and the UK, as the company faces significant losses and challenges in the electric vehicle market.

ArcelorMittal's service centers in Reims and Denain have gone on strike following the company's announcement of potential site closures due to declining activity in the industrial and automotive sectors.

Oil prices surged due to escalating tensions between Russia and Ukraine, while the dollar strengthened, leading to a decline in gold prices.

Carrefour's CEO Alexandre Bompard announced the company's commitment to not sell meat from Mercosur countries if a free trade agreement is finalized, responding to concerns from French farmers about unfair competition and lower standards.

Morocco has become the leading country in Africa's automobile industry, exporting 700,000 cars annually and generating over $11.5 billion in revenue. The nation is also advancing in electric vehicle production.

The healthcare services market in the MENA region is projected to grow significantly, with varying spending levels among Arab countries. Key insights reveal substantial investments in healthcare infrastructure, particularly in wealthier nations, while challenges persist in access and quality in others.

The Iranian civil aviation sector is facing a crisis due to Western sanctions, impacting safety and operational costs.

ZF Friedrichshafen will maintain its Christmas bonus for employees in 2024 despite economic challenges, while France's Christmas bonus will support low-income households.

Argentina made significant progress at the G20 summit, securing trade agreements with Brazil and advocating for effective taxation of the ultra-rich.

The Central Bank of Russia is considering a reduction in the key interest rate starting in 2025, depending on inflation trends. Chairperson Elvira Nabiullina highlighted the importance of stabilizing prices to support economic growth.

Sovereign wealth funds in the Arabian Gulf are undergoing significant leadership and strategic changes, reflecting their growing influence in global markets and a shift towards diversification and geopolitical awareness.

Ouest-France, France's largest regional daily, has announced it will stop publishing on the social media platform X, citing concerns over disinformation and the platform's management under Elon Musk.

Major retailers Conforama and Dreame are offering significant discounts on vacuum cleaners ahead of Black Friday 2024, with prices slashed on popular models.

The IMF warns that proposed tariffs by President-elect Trump could disrupt Asia's economic growth and global trade, with potential inflationary impacts in the US.

Black Friday 2024 offers significant discounts across various categories, with top retailers providing unbeatable deals. Shoppers can maximize savings by exploring online platforms and following strategic shopping tips.

A study by the University of Surrey reveals that cash payments foster psychological ownership and mindful spending, contrasting with the invisibility of digital transactions.

A nationwide strike by SNCF railway workers is set to disrupt local rail traffic in Île-de-France on November 21, while TGV services remain largely unaffected.

Ghana has prohibited private pension funds from investing abroad due to concerns over the declining cedi currency, which has fallen significantly against the dollar in recent years.

Major discounts on popular robot vacuum cleaners from Ecovacs and Dreame ahead of Black Friday.

Over 20,000 British farmers protested in London against a new inheritance tax that they claim threatens their livelihoods, demanding the government reconsider its policy.

Russia has imposed temporary restrictions on enriched uranium exports to the U.S. in response to American sanctions, raising concerns about the implications for U.S. nuclear energy security and market stability.

France is set to hold a parliamentary debate and vote on the EU-Mercosur free trade agreement, responding to significant protests from farmers concerned about unfair competition.

Oil prices fell as Norway's Johan Sverdrup oilfield resumed production after a power outage, while geopolitical tensions related to the Russia-Ukraine war continue to influence market dynamics.