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

BIS Withdrawal from mBridge Project: Implications for Putin's Economic Strategies

2024-11-02T11:26:23.846Z

The BIS's withdrawal from the mBridge project raises questions about the future of cross-border payments and highlights Putin's ambitions for alternative financial systems in response to US sanctions.

Business

US Job Growth Stalls Amid Hurricane and Strikes Before Election

2024-11-02T10:26:18.831Z

The US labor market shows signs of weakness with only 12,000 new jobs added in October, influenced by Hurricane Milton and strikes, raising concerns ahead of the presidential election.

Business

Buffett Cuts Apple Stake as Berkshire Hathaway Reports Record Cash Reserves

2024-11-02T17:26:15.439Z

Warren Buffett's Berkshire Hathaway has reduced its stake in Apple by 25%, reporting a record cash reserve of $325.2 billion amid market challenges.

Business

Russia to Nearly Double Sick Leave Payments by 2027 Amid Economic Changes

2024-11-02T18:06:44.951Z

The Russian government plans to nearly double the maximum sick leave payments over the next three years, reflecting a commitment to improve social protection amid rising living costs. Additionally, child care and maternity benefits will also see significant increases.

Business

Egypt and Turkey Experience Credit Rating Upgrades Amid Economic Challenges

2024-11-02T12:26:24.575Z

Fitch Ratings has upgraded Egypt's credit rating to B, while Standard & Poor's has raised Turkey's rating to BB-. Both nations face significant economic challenges but show signs of recovery.

Business

Volkswagen's Factory Closures Signal Deepening Crisis in Germany's Manufacturing Sector

2024-11-02T09:16:30.509Z

Volkswagen's decision to close factories and lay off thousands of employees underscores a deepening crisis in Germany's manufacturing sector, as the government struggles to respond effectively.

2024/8/22

Business

Canada's Rail Strike: 10,000 Workers Halt Freight Transport, Threatening Billions in Economic Damage

2024-08-22T19:47:38.502Z

Canada's rail freight transport has come to a standstill due to a strike involving 10,000 workers, threatening significant economic damage to businesses and consumers. The labor dispute between Canadian National Railway and Canadian Pacific Kansas City could disrupt vital goods transportation across North America.

Business

Ford and Volvo Rethink Electric Vehicle Strategies Amid Market Challenges

2024-08-22T19:07:52.293Z

Ford and Volvo are adjusting their electric vehicle strategies in response to market challenges, with Ford cutting back on electric investments and Volvo extending the production of its XC90. Discover how these decisions reflect broader trends in the automotive industry as manufacturers navigate evolving consumer demands.

Business

Unlocking the Truth Behind 'Spaving': How Promotional Deals Lead to Excessive Spending

2024-08-22T18:07:42.375Z

Explore the phenomenon of 'spaving'—where consumers spend more to save money—and learn how to avoid falling into the trap of excessive spending through promotional deals. Discover strategies to make informed purchasing decisions.

Business

Save the Children Urges UK to Halt Arms Sales to Israel as German Auto Industry Demands Renewable Fuel Reforms

2024-08-22T16:38:11.308Z

Amid the ongoing Gaza conflict, Save the Children calls for the UK to suspend arms sales to Israel, highlighting the plight of children. Simultaneously, the German automotive industry urges stricter regulations for renewable fuels to meet climate targets.

Business

Shocking Discovery: 6 Types of Microplastics Found in Coca-Cola and Schweppes Drinks

2024-08-22T16:28:02.450Z

A recent investigation reveals that Coca-Cola and Schweppes soft drinks contain six types of microplastics, raising serious health concerns. Discover the implications for consumers and the response from the companies involved.

Business

Passenger's Erratic Behavior Leads to Arrest After Emergency Exit Incident on Jetstar Flight JQ507

2024-08-22T16:08:55.563Z

A passenger was arrested at Melbourne Airport after opening an emergency exit and climbing onto the wing of Jetstar flight JQ507. This incident highlights serious concerns regarding passenger safety and compliance with aviation protocols.

Business

Tragedy Strikes: British Tycoon Mike Lynch Found Dead After Luxury Yacht Bayesian Sinks in Sicily

2024-08-22T15:28:37.379Z

Discover the tragic sinking of the luxury yacht Bayesian off the coast of Sicily, where British tycoon Mike Lynch was found dead. The incident has raised serious questions about yacht safety and the circumstances leading to the disaster.

Business

Discover the World’s Second Largest Diamond: A 2,492-Carat Marvel Unearthed in Botswana

2024-08-22T14:18:28.760Z

A stunning 2,492-carat diamond has been discovered in Botswana, making headlines as the second largest diamond ever found. This article explores the significance of this historic find, the technology behind it, and its implications for Botswana's economy.

Business

AG&P Secures $125 Million Contract to Transform Jordan's Energy Landscape with New LNG Terminal

2024-08-22T13:38:10.662Z

Discover how a new $125 million LNG terminal in Jordan, led by AG&P, aims to revolutionize the country's energy supply, enhancing gasification capacity and ensuring reliable electricity generation.

Business

Gold Prices Plummet: What’s Behind the Recent Market Shifts?

2024-08-22T13:27:48.088Z

Discover the latest on gold prices as they fall from record highs amid rising dollar strength and anticipated Federal Reserve announcements. Stay informed about the economic factors influencing the market.

Business

Russia and China Surge Ahead: Mutual Trade Hits $240 Billion Amid Sanctions

2024-08-22T04:18:03.172Z

Discover how Russia and China have transformed their economic relationship, with mutual trade soaring to $240 billion and the use of national currencies exceeding 95% amidst Western sanctions. Explore the implications for global trade and economic stability.

Business

Gold Prices Skyrocket: 5 Key Factors Driving Demand Beyond $2,500 Per Ounce

2024-08-22T03:18:06.202Z

Discover the reasons behind the surge in gold prices, now exceeding $2,500 per ounce. Explore how geopolitical tensions, changing interest rates, and growing demand from central banks are driving investors toward this precious metal.