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

Syria's New Administration Cancels Fees to Boost Economy

2024-12-22T12:19:05.275Z

The new Syrian administration has canceled over ten customs fees imposed by the Assad regime, aiming to alleviate the economic burden on citizens and improve the importation of goods.

Business

European Auto Industry Faces Bankruptcy and Job Cuts Amid Crisis

2024-12-22T10:58:51.053Z

The European auto industry is facing a severe crisis leading to significant job cuts and bankruptcies among suppliers, including the historic Gerhardy Kunsthoftechnik.

Business

Stock Chain Acquires Toys R Us and Red Pirate in Major Toy Market Move

2024-12-22T13:58:35.585Z

The Stock chain has acquired Toys R Us and The Red Pirate for 55 million shekels, aiming to reshape the Israeli toy market with lower prices and expanded operations.

Business

ATM Arson Attacks in Moscow Linked to Fraudsters' Manipulation

2024-12-22T17:08:32.899Z

Moscow and surrounding regions have seen a surge in ATM arson attacks, with over ten incidents linked to fraudsters manipulating victims, many of whom are elderly.

Business

Syria Sets New Fuel Prices Amid Economic Challenges

2024-12-22T13:38:52.749Z

The Syrian government has announced new fuel and gas prices to stabilize the market, with gasoline priced at $1.16 per liter and diesel at approximately $1. The Central Bank has also lifted withdrawal limits to promote electronic payments.

Business

Controlling Inflation in Post-Conflict Syria: Strategies and Challenges

2024-12-22T08:18:52.053Z

Following the fall of the Assad regime, Syria is implementing strategies to control inflation and stabilize the economy, with initial signs of improvement in currency value and goods prices.

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.