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.

2024/8/18

Business

Turkey's Bold Move: Exploring Energy Opportunities in Africa with Somalia's Offshore Oil

2024-08-18T18:56:43.607Z

Discover how Turkey is enhancing its energy security through strategic partnerships in Africa, focusing on Somalia's offshore oil exploration and broader economic ties. Learn about Turkey's influence and initiatives across the continent.

Business

Unlocking History: The Panama Canal's Journey from Failure to Global Trade Powerhouse

2024-08-18T17:47:25.970Z

Discover the remarkable history of the Panama Canal, a vital artery for global trade. Learn about its engineering challenges, political intrigue, and the economic impact it continues to have today.

Business

Lebanon's Electricity Crisis: Power Outages Worsen Amid Economic Collapse

2024-08-18T17:07:00.946Z

Lebanon is facing a severe electricity crisis with power outages affecting daily life and essential services. The Electricité du Liban has cut off electricity supply due to a liquidity crisis, highlighting the urgent need for reforms in the energy sector.

Business

Central Bank of Libya Halts Operations Amid Kidnapping Crisis: A Call for Stability

2024-08-18T15:17:03.100Z

The Central Bank of Libya suspends operations following the kidnapping of a senior official, raising concerns about the country's economic stability and international financial access.

Business

Israel's Economy Struggles: Contraction Amid Ongoing Gaza Conflict Reveals Alarming Trends

2024-08-18T13:56:32.260Z

Explore how the ongoing Gaza conflict is impacting Israel's economy, leading to a contraction in GDP growth and changes in consumer behavior. Understand the implications for the future amidst rising government spending and private consumption.

Business

Navigating the Political Minefield: How Major Companies Face Boycotts in the 2024 Election Cycle

2024-08-18T11:56:53.635Z

Explore how major companies like Netflix and Google are navigating accusations of political bias and calls for boycotts during the 2024 U.S. presidential election. Understand the impact of misinformation and consumer sentiment on corporate strategies.

Business

Morocco's Aviation Industry Soars: From Components to Complete Aircraft by 2030

2024-08-18T09:26:42.219Z

Discover how Morocco's aviation industry is rapidly evolving, manufacturing over 40 aircraft components, and aiming to assemble complete aircraft by 2030. Explore the growth, investment opportunities, and skilled workforce driving this transformation.