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.

2024/8/27

Business

IMF Approves $3 Billion Rescue Program for Pakistan Amid Financial Challenges

2024-08-27T19:18:54.525Z

The IMF has approved a $3 billion rescue program for Pakistan, addressing the nation's financial challenges. Central Bank Governor Jamil Ahmed discusses plans to secure additional funding and the path towards economic recovery.

Business

Tragedy Strikes: Two Workers Killed in Delta Air Lines Maintenance Center Explosion

2024-08-27T18:38:53.960Z

A tragic explosion at Delta Air Lines' maintenance center near Atlanta airport resulted in two fatalities and one serious injury. The airline is investigating the incident involving a plane tire explosion, prioritizing safety and support for affected families.

Business

Val-d'Oise Prefecture Closes E. Leclerc Supermarket Due to Alarming Hygiene Violations

2024-08-27T18:38:49.938Z

The Val-d'Oise prefecture has shut down part of an E. Leclerc supermarket in Franconville due to shocking hygiene violations, including pest infestations and mold. Learn more about the implications for public health and safety.

Business

Moody's Issues Stark Warning: Israeli Credit at Risk Amid Rising Military Tensions

2024-08-27T18:18:53.909Z

Moody's warns of credit consequences for Israeli debt amid rising military tensions with Hezbollah and Iran. Major banks express doubts about Israel's economic stability, projecting a budget deficit of 7.6% of GDP, raising concerns of further credit rating cuts.

Business

TotalEnergies Cuts Fuel Prices to 1.94 Euros for Customers: A Strategic Move Amidst Rising Oil Costs

2024-08-27T16:39:22.078Z

TotalEnergies introduces a new fuel price ceiling of 1.94 euros for its Electricity and Gas customers in France, aiming to alleviate costs amidst rising oil prices. Discover how this initiative will impact consumers and the energy market.

Business

Empowered Afghan Businesswomen Navigate Challenges and Drive Change in 2023

2024-08-27T16:29:50.305Z

Discover how Afghan businesswomen, led by Salma Yousafzai, are overcoming significant challenges in a conservative environment to thrive in international trade. Learn about the impact of political changes and the future of women's roles in Afghanistan's economy.

Business

Unlocking Income Potential: Top 5 Online Side Jobs in Latin America and Germany's Best-Paid Professions

2024-08-27T15:59:25.779Z

Discover the top 5 online side jobs in Latin America that can boost your income, including NFT art and web design, while also exploring the highest-paying professions in Germany, such as chief physicians.

Business

Australia Champions Work-Life Balance with New 'Right to Disconnect' Law

2024-08-27T15:38:52.480Z

Australia's new 'Right to Disconnect' law empowers employees to ignore work communications after hours, promoting work-life balance and reducing unpaid labor, a significant step towards employee rights.

Business

Bitcoin's Surge Creates 172,300 New Millionaires as Crypto Market Hits $2.3 Trillion

2024-08-27T14:49:20.854Z

The cryptocurrency market has reached a staggering $2.3 trillion, with Bitcoin leading the charge as 172,300 new millionaires emerge. Discover the factors driving this explosive growth and the future of crypto investments.

Business

Russia Proposes Bold Minimum Wage Increase to 30,000 Rubles: Aiming for Economic Growth and Poverty Reduction

2024-08-27T14:39:23.107Z

Discover Russia's proposal to increase the minimum wage to 30,000 rubles by 2025, a move aimed at enhancing living standards and stimulating economic growth. Learn about the implications for millions of citizens and the government's poverty reduction goals.

Business

Boeing Predicts China's Aviation Boom: Fleet to Double by 2043, Creating 430,000 Jobs

2024-08-27T12:29:03.736Z

Boeing forecasts that China's commercial aircraft fleet will more than double by 2043, driven by a surge in air travel demand and the booming e-commerce sector, creating 430,000 new jobs in the aviation industry.

Business

Mont Blanc Tunnel to Undergo Major Renovations: 15-Week Closure Announced

2024-08-27T12:10:07.221Z

The Mont Blanc Tunnel will close for 15 weeks from September 2, 2024, for essential renovations, involving a €50 million investment to restore its vault and ensure connectivity between Italy and France.

Business

IMF Eases Conditions for Egypt's $8 Billion Support Package: Key Changes and Implications

2024-08-27T10:29:01.323Z

Discover how the IMF's recent decision to ease conditions on Egypt's $8 billion financial support package impacts the country's economic reforms and energy pricing strategy.

Business

Ikea's Bold Move: Launching Peer-to-Peer Marketplace for Second-Hand Furniture with Global Ambitions

2024-08-27T09:49:37.099Z

Discover how Ikea's new Preowned platform is revolutionizing the second-hand furniture market by enabling peer-to-peer transactions, promoting sustainability, and enhancing customer engagement. Learn about the features and future prospects of this innovative initiative.

Business

Unlocking the Secrets: How Lottery Winnings Are Taxed in Russia

2024-08-27T03:09:22.463Z

Discover the intricate tax obligations associated with lottery winnings in Russia, including rates for residents and non-residents, and how to manage your finances after a big win.

Business

Pavel Durov's Arrest: Telegram Founder Faces Serious Charges in France Amid UAE Concerns

2024-08-27T02:28:40.694Z

Discover the unfolding story of Pavel Durov, Telegram's founder, as he faces serious charges in France. The UAE is closely monitoring the situation, highlighting its commitment to citizen welfare. Learn more about the implications of this high-profile case.