World Daily News

ArcelorMittal's Reims and Denain Sites Face Closure Amid Strikes

ArcelorMittal's service centers in Reims and Denain have gone on strike following the company's announcement of potential site closures due to declining activity in the industrial and automotive sectors.

Business

Netanyahu's Arrest Warrants Pose Threat to Israel's Economy

2024-11-24T17:21:51.087Z

The issuance of international arrest warrants against Israeli leaders threatens the stability of Israel's economy, as highlighted by a Calcalist report, which warns of decreased foreign investment and rising debt levels.

Business

Algeria's 2025 Budget: Record Spending Amidst Significant Deficit

2024-11-24T16:51:55.284Z

Algeria's President Tebboune has approved a historic budget for 2025, featuring record spending and a significant deficit, highlighting the country's reliance on oil and gas revenues.

Business

Egypt's Economy Strained by Red Sea Tensions, Warns Foreign Minister

2024-11-24T20:52:05.896Z

Egyptian Foreign Minister Badr Abdel Aty warns of significant economic impacts due to escalating tensions in the Red Sea, leading to a drastic decline in Suez Canal revenues.

Business

Youth Employment Hits Record Low Amid Mental Health Crisis

2024-11-25T00:21:50.940Z

Recent reports reveal a record low in job opportunities for young people, coinciding with a troubling decline in mental health among youth, highlighting the urgent need for systemic changes.

Business

Iraq Faces Electricity Crisis as Iranian Gas Supplies Halted

2024-11-24T19:41:56.888Z

Iraq's electricity supply faces a significant setback as Iranian gas imports are halted for maintenance, leading to a loss of 5.5 gigawatts from the national grid. The Ministry of Electricity is coordinating efforts to mitigate the impact while addressing long-standing energy challenges.

Business

Turkey's Trade with Arab Nations Hits Record Highs in 2024

2024-11-24T16:51:51.150Z

Turkey's trade with Arab countries has surged to record levels in 2024, with exports reaching $39.9 billion, driven by political rapprochement and strategic economic partnerships.

2024/8/28

Business

Pavel Durov’s Arrest: Telegram Founder Faces Serious Allegations Amid Global Backlash

2024-08-28T19:59:09.119Z

Pavel Durov, founder of Telegram, faces serious allegations including child pornography and organized crime. His arrest has sparked international reactions and raised questions about digital privacy and platform responsibility.

Business

Gold Prices Surge to Record Highs Amid Market Uncertainty: What Investors Need to Know

2024-08-28T19:49:04.257Z

Discover how gold prices have soared to record highs amidst ongoing market uncertainty, while palladium and platinum face significant challenges. Understand the implications for investors in the precious metals market.

Business

BYD's Electric Vehicle Profits Surge 24.4%: A Strategic Move Amid Global Expansion

2024-08-28T18:49:50.832Z

BYD announces a remarkable 24.4% increase in net profits, driven by strong demand for electric vehicles. Explore how the company is navigating market challenges and expanding internationally amidst rising tariffs and competition.

Business

Libya's Oil Production Plummets Amid Political Turmoil: A Deep Dive into the Crisis

2024-08-28T18:09:28.650Z

Explore the ongoing crisis in Libya as authorities halt oil production amidst political disputes over the Central Bank. Understand the implications for global oil prices and Libya's economy.

Business

Qatar's Trade Surplus Soars to $5.5 Billion in July: Exports Surge 3.9% Driven by Energy Sector

2024-08-28T16:10:11.821Z

Discover how Qatar's trade surplus reached $5.5 billion in July, driven by a 3.9% increase in exports, particularly in oil gases and liquefied natural gas. Explore the dynamics of Qatar's import sources and the economic implications.

Business

Hyundai and Starbucks Eye Return to Russia: A Battle for Brand Loyalty Amid Market Shifts

2024-08-28T15:59:27.278Z

Explore how Hyundai and Starbucks are navigating their potential return to the Russian market amidst shifting consumer loyalty and market dynamics. Discover the implications of trademark applications and the rise of local brands in this evolving landscape.

Business

Pavel Durov's Arrest in Paris Sparks Global Debate on Digital Freedom and Responsibility

2024-08-28T14:29:13.599Z

Pavel Durov, founder of Telegram, faces serious allegations in Paris, igniting a global discussion on digital freedom and the responsibilities of platform owners. Discover the implications of his arrest and what it means for online communication.

Business

Saudi Investment Fund Boosts Financial Flexibility with $15 Billion Credit Facility

2024-08-28T13:19:50.251Z

Discover how the Saudi Investment Fund secures a $15 billion credit facility to enhance its financial flexibility while managing $925 billion in assets. Explore the fund's significant growth and strategic investments aimed at diversifying the Saudi economy.

Business

Two Delta Employees Tragically Killed in Atlanta Airport Tire Explosion

2024-08-28T12:39:57.760Z

A tragic tire explosion at Atlanta Airport has claimed the lives of two Delta Airlines employees, prompting an investigation into the incident. Discover the details surrounding this heartbreaking event and its implications for aviation safety.

Business

Drought and Overtourism: Costa Blanca Faces Water Crisis While Seville Cracks Down on Illegal Rentals

2024-08-28T12:09:32.494Z

Explore the ongoing water crisis in Costa Blanca due to severe drought conditions and the measures being taken by Seville to combat illegal tourist rentals. Discover how climate change and mass tourism are impacting local communities.

Business

Cryptocurrency Market Plummets: Bitcoin and Ethereum Drop Amid Liquidation Crisis

2024-08-28T11:59:32.463Z

Bitcoin and Ethereum face significant declines as the cryptocurrency market grapples with liquidation events driven by financial leverage. Discover insights into market trends and the impact of new cryptocurrency launches.

Business

Russia's Economy Thrives: 3.6% Growth Amid Sanctions Thanks to Central Asian Intermediaries

2024-08-28T11:09:19.760Z

Discover how Russia's economy has achieved a remarkable 3.6% growth in 2023 despite sanctions, thanks to the crucial role of Central Asian intermediaries. Learn about the implications for global trade and energy markets.

Business

China's $1 Trillion Belt and Road Initiative: Is It a Boon or a Burden for Africa?

2024-08-28T10:00:03.183Z

Explore the implications of China's Belt and Road Initiative in Africa, where over a trillion dollars in investments raise concerns of debt colonialism and infrastructural failures. Discover the reality behind these projects and their impact on local economies and politics.

Business

AI in Investment: Unveiling the Illusion Behind Promised Returns

2024-08-28T09:29:30.780Z

Explore the reality of AI in investment strategies as recent analyses reveal many AI-driven funds fail to outperform traditional benchmarks. Understand the implications for investors and the future of financial technology.

Business

Qantas Airlines Offers Business Class Upgrade After Major Pricing Error Saves Passengers 85%

2024-08-28T08:19:09.933Z

Discover how Qantas Airlines turned a significant pricing error into a customer-friendly solution by offering business class upgrades after nearly 300 passengers snagged first-class tickets at an 85% discount. Learn more about the implications of such errors in the airline industry.

Business

Cola Gaza Emerges as a Bold Alternative to Coca-Cola Amid Global Boycott Movements

2024-08-28T08:09:59.990Z

Discover how Cola Gaza is emerging as a significant alternative to Coca-Cola amidst widespread global boycott campaigns, driven by solidarity with the Palestinian cause and changing consumer behavior.

Business

Biden's Bid for Control: The Arrest of Telegram's Pavel Durov Reveals Geopolitical Tensions

2024-08-28T04:09:28.508Z

The arrest of Telegram co-founder Pavel Durov raises alarming questions about freedom of speech and government control over social media platforms, as accusations emerge linking the incident to U.S. political maneuvering ahead of the elections.

Business

Pavel Durov's Arrest in France Sparks Controversy Over Social Media Freedom and Privacy

2024-08-28T03:59:11.358Z

Pavel Durov, CEO of Telegram, was arrested in France, accused of serious crimes. His detention raises critical questions about social media privacy and freedom of expression. Discover the implications of this high-profile case.