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.

2024/9/6

Business

Eastern Economic Forum 2024: Russia Secures 5.5 Trillion Rubles in Agreements Amidst Growing Asian Interest

2024-09-06T19:31:03.257Z

Explore the highlights of the Eastern Economic Forum 2024, where Russia signed a record 5.5 trillion rubles in agreements. Discover the growing interest from Asian countries and the strategic importance of the Far East in the global economy.

Business

China Challenges Canada’s 100% Tariff on Electric Vehicles: A New Trade War Erupts

2024-09-06T18:02:03.682Z

China has lodged a complaint with the WTO against Canada's 100% tariffs on electric vehicles, marking a significant escalation in trade tensions. Discover the implications for global supply chains and the automotive industry.

Business

Turkey's Bold Economic Strategy: Aiming for Single-Digit Inflation and Sustainable Growth by 2027

2024-09-06T17:01:48.081Z

Discover Turkey's ambitious economic program for 2025-2027, targeting single-digit inflation and sustainable growth. Learn about the government's strategies to enhance financial stability and improve overall well-being.

Business

Supermarkets Innovate: Argentina’s Changomas and Germany’s Delfo Transform Grocery Shopping

2024-09-06T14:51:45.791Z

Explore how Changomas in Argentina and Delfo in Germany are transforming the supermarket experience through innovative marketing strategies and a focus on frozen gourmet food, amidst challenging economic conditions.

Business

Egypt Faces Energy Crisis: Domestic Gas Production Hits 6-Year Low as LNG Shipments Increase

2024-09-06T13:41:25.755Z

Egypt's domestic gas production has fallen to a six-year low, prompting the country to secure 20 LNG shipments to meet winter demand. As energy consumption is projected to rise, the shift from gas exporter to net importer raises concerns about the country's energy strategy.

Business

US Economy Faces Labor Market Challenges: 142,000 Jobs Added in August Amid Rate Cut Speculations

2024-09-06T13:11:28.260Z

The US economy added 142,000 jobs in August, falling short of expectations, while the unemployment rate decreased to 4.2%. As the labor market cools, the Federal Reserve faces pressure to cut interest rates to avert a recession. Explore the implications of these trends on the economy.

Business

Germany and France Face Industrial Production Declines Amid Auto Sector Struggles

2024-09-06T12:11:15.128Z

Discover the latest insights into Germany and France's industrial output declines, particularly in the automotive sector, and the implications for foreign trade and manufacturing.

Business

Volkswagen's Cost-Cutting Crisis and Climate Catastrophe in the Sahel: A Dual Challenge

2024-09-06T11:41:47.061Z

Explore Volkswagen's ongoing crisis as it implements drastic cost-cutting measures amidst declining sales and the devastating impact of climate change in the Sahel region, leading to floods and loss of life. Understand the dual challenges facing these sectors.

Business

Jordan's Renewable Energy Investors Rally Against Controversial New Law: A Call for Change

2024-09-06T10:11:26.868Z

Protesters in Jordan are demanding the government retract a new energy law that threatens the renewable energy sector. With over 20,000 jobs at stake, the law has sparked widespread protests and concerns about rising electricity costs for citizens.

Business

Retail Sales Surge 0.5% in July Amid Inflation Projections of 3.9% for August

2024-09-06T08:41:45.539Z

Discover how retail sales rebounded by 0.5% in July, while inflation forecasts for August indicate a rate of 3.9%. Explore the implications for GDP and unemployment as the economy navigates through these changes.