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

Egypt Negotiates Long-Term LNG Deals Amid Domestic Gas Decline

2024-11-20T20:31:10.585Z

Egypt is negotiating long-term LNG contracts with foreign companies to address declining domestic gas production and rising energy demands.

Business

Qatar Launches $3 Billion 'Land of Legends' Tourism Project

2024-11-21T15:00:56.188Z

Qatar has launched the 'Land of Legends' tourism project, a $3 billion initiative expected to transform the region's tourism sector and attract two million visitors annually by 2028.

Business

Eurozone Economy Faces Risks Amid Trump's Tariff Threats

2024-11-21T14:01:41.265Z

The Eurozone economy is facing significant risks due to escalating trade tensions and potential tariffs threatened by US President Donald Trump, as highlighted in a recent report by the European Central Bank.

Business

Egypt Faces 70% Drop in Suez Canal Revenues Amid Red Sea Tensions

2024-11-21T14:01:20.496Z

The International Monetary Fund reports a 70% decline in Egypt's Suez Canal revenues due to ongoing tensions in the Red Sea, exacerbated by conflicts in Gaza and Israel, impacting the country's economic stability.

Business

Lockheed Martin: A Leader in Global Defense Amid Rising Tensions

2024-11-21T16:22:10.201Z

Lockheed Martin continues to dominate the global arms market, driven by increased defense spending and strategic military contracts, particularly in light of ongoing geopolitical tensions.

Business

Sud Ouest Group Joins Ouest-France in Suspending X Presence Over Disinformation Concerns

2024-11-21T14:52:00.934Z

The Sud Ouest group has suspended its presence on social network X due to concerns over disinformation and moderation, following Ouest-France's lead.

2024/9/3

Business

Norway's $1.7 Trillion Fund Considers Major Divestment from Israel Amid Growing Ethical Concerns

2024-09-03T23:20:30.465Z

Norway's sovereign wealth fund, with $1.7 trillion in assets, is contemplating divesting from Israel due to a new ethical policy interpretation, spurred by the ongoing conflict in Gaza. This potential move may reshape international investment dynamics in the region.

Business

Argentina's AFIP Prepares for Major Data Exchange, While Chase Bank Fights Viral Check Fraud Trend

2024-09-03T20:50:47.938Z

With the deadline for Argentina's money laundering initiative approaching, AFIP collaborates with the IRS for data exchange. Meanwhile, Chase Bank warns against a viral check fraud scheme misleading customers into illegal activities.

Business

Local Authorities Defend Against Resigning Ministers' Claims of Fiscal Irresponsibility: A Closer Look at France's 2024 Budget Crisis

2024-09-03T20:10:24.011Z

Explore the escalating tensions between local authorities and resigning ministers in France over the country's public finances. Discover the implications of the claimed €16 billion impact on the 2024 budget and the ongoing debate about fiscal responsibility.

Business

Eastern Economic Forum 2023: 6,000 Delegates Unite in Vladivostok to Forge Global Opportunities

2024-09-03T17:32:07.580Z

The Eastern Economic Forum 2023 in Vladivostok gathers over 6,000 participants from 76 countries to discuss economic growth and international cooperation. Key events include Falcon Day and the BRICS Creative Innovation Forum, highlighting the importance of wildlife conservation and digital innovation.

Business

Unmasking the Surge of Fraud: 5 Essential Tips to Protect Your Wealth

2024-09-03T17:11:11.664Z

Discover the alarming rise of fraudulent schemes in Russia and learn essential tips to protect your wealth. Stay informed about the latest tactics used by scammers and safeguard your personal information effectively.

Business

Germany Unveils Bold Tax Breaks for Electric Cars Amidst Volkswagen Challenges and Dubai Police Enhances Security with New Patrol Car

2024-09-03T15:11:30.213Z

Discover how Germany is boosting electric car sales with new tax breaks amid challenges faced by Volkswagen, while Dubai Police enhances security with the launch of a high-tech patrol car and community engagement initiatives.

Business

10 Islamic Banks Leading the Financial Revolution: Growth and Innovation in 2024

2024-09-03T15:11:12.407Z

Explore the remarkable growth and innovation of Islamic banks in 2024, highlighting the top 10 institutions leading the charge in the global finance sector. Discover how Sharia-compliant banks are adapting to technological advancements and attracting younger customers.

Business

Lebanon's Former Central Bank Governor Riad Salameh Arrested Amid Corruption Charges

2024-09-03T14:01:37.466Z

Riad Salameh, former governor of Lebanon's Central Bank, has been arrested on charges of money laundering and embezzlement. This significant development comes as Lebanon grapples with a financial crisis and allegations of extensive corruption.

Business

Iran's Fuel Smuggling Crisis: How $1.23 Per Liter Profit Fuels an Illegal Trade

2024-09-03T14:00:43.843Z

Explore the ongoing fuel smuggling crisis in Iran, where daily illegal exports reach millions of liters, impacting the economy and challenging government efforts amid sanctions.

Business

Saudi Arabia Sets Bold Fintech Ambitions: 525 Companies by 2030 at FinTech 24 Conference

2024-09-03T12:20:58.420Z

Discover how Saudi Arabia aims to boost its fintech sector to 525 companies by 2030 and increase electronic payments to 80% in retail, as announced at the FinTech 24 conference.

Business

French Telecom Mogul Xavier Niel Joins ByteDance Board to Navigate TikTok's Challenges

2024-09-03T11:51:45.532Z

Xavier Niel, the French telecom billionaire, joins ByteDance's board to enhance governance as TikTok faces legal challenges in the U.S. This strategic move aims to protect user interests and navigate national security concerns.

Business

Unlocking the Future: 3 Types of Fintech Consumers Driving Change in Banking

2024-09-03T10:30:23.738Z

Discover how young affluent consumers are reshaping the fintech landscape with innovative payment methods. Explore the three distinct types of fintech consumers and their unique preferences in the evolving banking sector.

Business

Unveiling the 2024 Fintech Consumer: 3 Distinct Profiles Shaping the Future of Banking

2024-09-03T09:41:00.763Z

Explore the 2024 fintech landscape through Visa's analysis, revealing three distinct consumer profiles that redefine banking expectations. Discover how affluent young consumers are embracing innovative payment methods and what this means for the future of financial services.

Business

Iraqi Central Bank Delegation's Washington Meetings Forge New Path for Banking Reforms

2024-09-03T09:40:56.615Z

Explore how the Iraqi Central Bank's recent meetings in Washington are set to transform the banking landscape, ensuring compliance with international standards and mitigating the impact of US sanctions.

Business

Turkey's Strategic Shift: Joining BRICS Amidst Tension with the West

2024-09-03T07:41:35.173Z

Turkey seeks to join BRICS, enhancing its global influence and economic ties with emerging powers, while navigating tensions with the West and maintaining aspirations for EU membership.

Business

Palestine Aims to Slash Electricity Imports by 50% by 2030: A Bold Move Towards Renewable Energy

2024-09-03T06:00:59.675Z

Discover how Palestine plans to reduce electricity imports by 50% by 2030 and enhance its sustainable energy sector through solar power and regulatory reforms.

Business

Israel's Economic Turmoil: Rising Housing Costs and Unemployment Rates Amid Ongoing Conflict

2024-09-03T04:40:28.850Z

Explore the impact of the ongoing conflict in Gaza on Israel's economy, with rising housing prices, stagnant interest rates, and misleading unemployment statistics. Discover how these factors contribute to a complex financial landscape.