World Daily News

Explosion at Mexican Steel Mill Results in 13 Fatalities

A steel mill explosion in Tlaxcala, Mexico, has resulted in 13 fatalities, prompting investigations into the cause.

Business

Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support

2024-11-04T18:47:41.805Z

Carrefour has closed all its branches in Jordan due to a widespread boycott campaign, with 93% of Jordanians participating in protests against the company's support for the Israeli occupation.

Business

IKEA to Pay €6 Million to Compensate East German Forced Labor Victims

2024-11-04T15:37:43.330Z

IKEA has agreed to pay 6 million euros to a fund for victims of forced labor during East Germany's communist regime, acknowledging its historical ties to the practice.

Business

Schaeffler and Auchan Announce Major Job Cuts Amid Economic Pressures

2024-11-05T08:16:57.034Z

Schaeffler and Auchan are implementing significant job cuts due to economic challenges, affecting thousands of employees across Europe.

Business

Boeing Workers Ratify Agreement, Ending Costly Strike

2024-11-05T06:47:16.455Z

Boeing workers have ratified a new agreement, ending a seven-week strike that cost the company over $10 billion, with a 38% wage increase and improved benefits.

Business

Nvidia Chip Lending Spree: Wall Street's $11 Billion Bet on AI

2024-11-05T13:27:49.250Z

Wall Street has entered an $11 billion lending spree for companies in the AI sector, relying heavily on Nvidia chips as collateral, raising concerns about market vulnerabilities.

Business

Auchan Implements Major Job Cuts and Store Closures Amid Financial Struggles

2024-11-05T09:07:33.629Z

Auchan has announced significant job cuts and store closures as part of a restructuring plan to address financial losses and adapt to changing retail dynamics.

Business
2024-11-03T10:47:28.553Z

Dollar's Surge Linked to Trump Election Prospects

2024/7/12

Business

Mukesh Ambani Hosts Extravagant Wedding for Son Amidst Criticism of Wealth Disparity

2024-07-12T16:41:21.693Z

Indian tycoon Mukesh Ambani hosts a grand wedding for his son, Anant Ambani, showcasing immense wealth amidst criticism of economic disparities in India. The celebrations include star-studded events and extravagant spending.

Business

US Inflation Moderates: Producer Prices Surge While Consumer Prices Fall

2024-07-12T15:10:39.911Z

US inflation shows mixed signals as the Producer Price Index rises unexpectedly in June, while consumer prices fall for the first time in four years. Analysts are closely watching for potential Federal Reserve rate cuts.

Business

Economic Consequences of Conscription: Germany and Israel Face Billions in Costs

2024-07-12T14:31:54.405Z

Germany and Israel are grappling with the economic consequences of conscription. Germany's proposed military service could cost up to 70 billion euros, while Israel's extended mandatory service may delay soldiers' market integration, incurring significant costs.