World Daily News

CATL to Launch 1,000 Battery Replacement Centers in China

CATL, the world's largest electric vehicle battery maker, plans to open 1,000 battery replacement centers in China next year to enhance EV charging convenience.

Business

China's Economy Faces Challenges Amidst New Stimulus Efforts

2024-12-21T08:19:38.820Z

China's economy is projected to face significant challenges in 2025, with low consumer confidence and potential US tariffs threatening growth. The government is implementing new stimulus measures to boost domestic consumption.

Business

Putin Proposes Expansion of Family Mortgage Program to Boost Housing Access

2024-12-21T04:38:05.820Z

President Vladimir Putin has proposed expanding the family mortgage program in Russia to allow purchases on the secondary market, aiming to improve housing access for families with children.

Business

USMCA Panel Rules Against Mexico in GM Corn Dispute

2024-12-21T01:28:03.648Z

A USMCA panel ruled in favor of the United States in a dispute over Mexico's ban on genetically modified corn, requiring Mexico to reverse its restrictions within 45 days.

Business

Economic Pressures: Soaring Prices from Exchange Rates and Raw Materials

2024-12-20T23:18:10.717Z

The won/dollar exchange rate's rise to 1,450 won and historic cocoa prices over $12,900 per tonne are driving significant increases in domestic prices and posing economic challenges.

Business

Former Minister Christophe Castaner Joins Shein as CSR Advisor

2024-12-20T18:18:08.173Z

Former French Minister Christophe Castaner has been appointed as an advisor to Shein, focusing on corporate social responsibility initiatives as the fast fashion giant seeks to improve its sustainability practices amidst increasing scrutiny.

2024/7/5

Business

German Government Finalizes 2025 Budget: Major Boosts for Families and Daycare Centers

2024-07-05T10:38:48.940Z

The German government has finalized the 2025 federal budget, introducing significant increases in child benefits and daycare investments to support families. The budget reflects a compromise among coalition partners, balancing austerity with essential services.

Business

EU Imposes Tariffs on Chinese Electric Cars; China Retaliates with Spirits Investigation

2024-07-05T07:59:16.152Z

The EU has imposed up to 38% tariffs on Chinese electric cars, prompting China to investigate European spirits imports. Both sides are negotiating to avoid a trade war.

Business

EU Imposes 38% Duties on Chinese Electric Vehicles Amid Rising Trade Tensions

2024-07-05T06:39:23.339Z

The EU has imposed up to 38% additional duties on Chinese electric vehicles, causing mixed reactions in Asian stock markets. Learn how this impacts global trade and market dynamics.