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

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

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.

Business

Javier Milei Proposes Nuclear Energy Expansion to Meet AI Demand in Argentina

2024-12-22T05:08:25.477Z

Argentine President Javier Milei has announced plans to expand nuclear energy capabilities to meet the energy demands of artificial intelligence, proposing a fourth nuclear power plant and the development of small modular reactors.

Business

Honda and Nissan Consider Joint Production Amid Merger Talks

2024-12-21T19:48:23.401Z

Honda and Nissan are exploring joint vehicle production as part of potential merger discussions, aiming to strengthen their collaboration in the automotive market.

2024/9/7

Business

Sudan's Mining Sector Thrives: $2 Billion Chinese Investment Resumes Gold and Copper Production

2024-09-07T20:41:50.264Z

Discover how Sudan's mining sector is revitalizing with a $2 billion investment from the Chinese Norinco Group, targeting gold and copper production amidst ongoing recovery efforts.

Business

Fitch Ratings Boosts Turkey's Sovereign Rating to B+: A Sign of Economic Recovery

2024-09-07T17:32:15.230Z

Fitch Ratings has upgraded Turkey's sovereign rating to B+, highlighting improvements in foreign exchange reserves and confidence in economic policies. Discover what this means for Turkey's financial future.

Business

Sudan's Gold Mining Sector: A $7 Billion Opportunity Amidst Conflict and Health Risks

2024-09-07T16:21:42.892Z

Discover how Sudan's gold mining sector is thriving amidst conflict, potentially generating $7 billion annually, while facing significant health and environmental challenges.

Business

Qualcomm Eyes Strategic Acquisition of Intel's Design Division Amid Financial Turmoil

2024-09-07T12:01:28.676Z

Qualcomm is considering acquiring parts of Intel's design division as Intel faces financial struggles. Learn more about the potential impacts on the chip industry and both companies' futures.

Business

China's $50 Billion Commitment: Strengthening Economic Ties with Africa Amid Challenges

2024-09-07T11:31:28.026Z

Explore how China's $50 billion commitment to Africa is reshaping diplomatic and economic ties, amidst challenges like debt traps and calls for sustainable investments.

Business

Oil Prices Plummet 10% as Economic Fears Mount: What’s Next for Brent and WTI Crude?

2024-09-07T11:01:19.884Z

Oil prices plummet 10% due to economic concerns, with Brent crude falling to $71.06. Discover the implications of OPEC+ decisions and U.S. job data on the market.

Business

Russia Cuts Budget Deficit to $3.7 Billion Amid Economic Growth and Rising Oil Revenues

2024-09-07T09:51:39.335Z

Discover how Russia has narrowed its budget deficit to $3.7 billion amid unexpected economic growth and rising oil revenues, providing insights into the impact of the Ukraine war on its finances.

Business

Russia's Economic Outlook Brightens: GDP Growth Expected to Surge by 3.9% in 2024

2024-09-07T05:41:13.218Z

Discover how Russia's economy is projected to grow by 3.9% in 2024, defying sanctions and inflation challenges. Learn about the optimistic forecasts and key economic indicators that highlight resilience in the face of adversity.