World Daily News

CATL to Launch 1,000 Battery Replacement Centers in China

CATL, the world's largest electric vehicle battery maker, plans to open 1,000 battery replacement centers in China next year to enhance EV charging convenience.

Business

Syria's New Administration Cancels Fees to Boost Economy

2024-12-22T12:19:05.275Z

The new Syrian administration has canceled over ten customs fees imposed by the Assad regime, aiming to alleviate the economic burden on citizens and improve the importation of goods.

Business

European Auto Industry Faces Bankruptcy and Job Cuts Amid Crisis

2024-12-22T10:58:51.053Z

The European auto industry is facing a severe crisis leading to significant job cuts and bankruptcies among suppliers, including the historic Gerhardy Kunsthoftechnik.

Business

Stock Chain Acquires Toys R Us and Red Pirate in Major Toy Market Move

2024-12-22T13:58:35.585Z

The Stock chain has acquired Toys R Us and The Red Pirate for 55 million shekels, aiming to reshape the Israeli toy market with lower prices and expanded operations.

Business

ATM Arson Attacks in Moscow Linked to Fraudsters' Manipulation

2024-12-22T17:08:32.899Z

Moscow and surrounding regions have seen a surge in ATM arson attacks, with over ten incidents linked to fraudsters manipulating victims, many of whom are elderly.

Business

Syria Sets New Fuel Prices Amid Economic Challenges

2024-12-22T13:38:52.749Z

The Syrian government has announced new fuel and gas prices to stabilize the market, with gasoline priced at $1.16 per liter and diesel at approximately $1. The Central Bank has also lifted withdrawal limits to promote electronic payments.

Business

Controlling Inflation in Post-Conflict Syria: Strategies and Challenges

2024-12-22T08:18:52.053Z

Following the fall of the Assad regime, Syria is implementing strategies to control inflation and stabilize the economy, with initial signs of improvement in currency value and goods prices.

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.