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.

2024/8/29

Business

French Fraud Agency Uncovers 800 Violations Amid Olympic Preparations

2024-08-29T17:29:59.156Z

The French Fraud Control Agency has intensified inspections ahead of the Olympic Games, uncovering over 800 violations across hotels and restaurants. Discover the implications for consumer protection and compliance standards.

Business

Egypt's Bold Move: Largest Wheat Purchase Ever Amid Food Security Concerns

2024-08-29T15:59:15.324Z

Discover how Egypt is securing its food supply through its largest wheat purchase ever, addressing food security concerns and aiming for strategic reserves amid rising global prices.

Business

5 Reasons Libya's Oil Shutdown is Driving Global Energy Prices Sky High

2024-08-29T14:49:14.771Z

Discover how Libya's political turmoil has led to a significant oil shutdown, driving global energy prices up. Explore the reasons behind this crisis and its implications for the economy.

Business

Telegram's Pavel Durov Arrested in Paris: What This Means for Tech Giants and Global Politics

2024-08-29T14:29:57.660Z

Pavel Durov, CEO of Telegram, was arrested in Paris on serious charges related to organized crime. His connections to French billionaire Xavier Niel and President Macron add complexity to this unfolding story. Explore the implications for tech giants and international relations.

Business

10 Professions at Risk: How AI is Transforming the Job Market

2024-08-29T13:10:26.853Z

Explore how artificial intelligence is reshaping the job market by threatening various professions, from manufacturing to healthcare. Discover which sectors are most vulnerable and the skills needed to adapt in this evolving landscape.

Business

China Tops Cyber Attack Origin List: German Companies Face €267 Billion Losses

2024-08-29T13:00:10.987Z

Discover how China has become the primary source of cyber attacks on German companies, leading to unprecedented economic losses of nearly €267 billion. Explore the implications of this alarming trend.

Business

China's Export Restrictions on Gallium and Germanium Threaten Global Semiconductor Supply Chains

2024-08-29T11:59:26.872Z

China's recent export restrictions on gallium and germanium, crucial for semiconductors, threaten global supply chains and have caused prices to soar. Discover how these moves impact the semiconductor industry and international relations.

Business

Germany's Urgent Call: How Immigration Can Solve the Skilled Worker Shortage

2024-08-29T08:49:49.812Z

Germany faces a critical shortage of skilled workers, especially in education and healthcare. Discover how immigration and retraining programs for refugees are key to addressing this issue and ensuring the country's economic stability.

Business

Singapore Tops Global Investment Rankings: 2024's Key Destinations for Investors Revealed

2024-08-29T07:40:01.442Z

Discover why Singapore is leading the world in foreign direct investment for 2024, alongside emerging economies like Indonesia and India. Learn about the shifting landscape of global investment amidst geopolitical tensions and economic challenges.

Business

Unveiling Financial Intrigues: £141,000 in Loans and the Rise of Sloane Services Amid Sanctions

2024-08-29T06:19:14.799Z

Explore the intricate financial dealings of Sloane Services, founded by Vladimir Ashurkov, including £141,000 in loans and the involvement of investigative journalist Roman Dobrokhotov amid rising sanctions against Russia.