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

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.

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

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

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

Trump Threatens EU with Tariffs Unless They Buy More US Gas and Oil

2024-12-20T17:18:19.768Z

President-elect Donald Trump has warned the European Union that it must significantly increase its purchases of American gas and oil or face substantial tariffs on its products. This ultimatum comes as the EU prepares for potential trade escalations and seeks to deepen energy ties with the U.S.

2024/7/20

Business

CrowdStrike's Software Update Sparks Global Outage, Shares Plunge 21%

2024-07-20T12:11:56.492Z

Discover how a software update from CrowdStrike caused a global computer outage, impacting airlines, banks, and more, leading to a significant drop in its stock price. Learn about the implications for the cybersecurity industry and investor confidence.

Business

Unicredit, Emirates NBD, and Abu Dhabi Commercial Bank Report Impressive Financial Growth Amid Economic Challenges

2024-07-20T11:02:04.211Z

Explore how Unicredit, Emirates NBD, and Abu Dhabi Commercial Bank are achieving remarkable financial growth in 2024, with net profits soaring and strategic initiatives driving success amidst economic challenges.

Business

Thousands Rally to Block La Rochelle Port, Condemn Agro-Industry Practices

2024-07-20T08:22:06.968Z

Join the protest against agro-industry practices as thousands gather in La Rochelle to block the port and demand accountability for irrigation reserves. Discover the implications of megabasin projects and the ongoing struggle for water resources.

Business

Unprecedented Microsoft Outage Triggers Global Disruption and Conspiracy Theories

2024-07-20T07:21:53.415Z

Discover how a significant Microsoft outage caused global disruptions in financial markets and sparked conspiracy theories. Learn about the impacts on the Paris 2024 Olympics and the ongoing challenges in combating disinformation.