Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support
Carrefour has closed all its branches in Jordan due to a widespread boycott campaign, with 93% of Jordanians participating in protests against the company's support for the Israeli occupation.
IKEA to Pay €6 Million to Compensate East German Forced Labor Victims
IKEA has agreed to pay 6 million euros to a fund for victims of forced labor during East Germany's communist regime, acknowledging its historical ties to the practice.
Schaeffler and Auchan Announce Major Job Cuts Amid Economic Pressures
Schaeffler and Auchan are implementing significant job cuts due to economic challenges, affecting thousands of employees across Europe.
Russia to Increase Maternity Capital and Social Benefits in 2025
Russia is set to increase maternity capital and other social benefits in 2025, including a rise in minimum wage and child care payments, aimed at enhancing financial support for families and vulnerable individuals.
Auchan Implements Major Job Cuts and Store Closures Amid Financial Struggles
Auchan has announced significant job cuts and store closures as part of a restructuring plan to address financial losses and adapt to changing retail dynamics.
Boeing Workers Ratify Agreement, Ending Costly Strike
Boeing workers have ratified a new agreement, ending a seven-week strike that cost the company over $10 billion, with a 38% wage increase and improved benefits.
Explosion at Mexican Steel Mill Results in 13 Fatalities
Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support
French Court Allows Israeli Companies to Participate in Euronaval 2024
Dollar's Surge Linked to Trump Election Prospects
IMF Optimistic About Egypt's Economic Recovery Amid Regional Challenges
Are Women Better Investors Than Men? Insights and Challenges
2024/9/8
US Economy at a Crossroads: Federal Reserve Faces Pressure to Cut Rates Amid Rising Layoffs
As the US economy shows signs of strain with rising layoffs and declining consumer confidence, the Federal Reserve is faced with critical decisions regarding interest rates. Experts warn that a cautious approach may not suffice to avert a recession. Explore the implications of these economic shifts.
China Strengthens Ties with Africa: Xi Jinping's Bold Vision at the 9th Forum on China-Africa Cooperation
Chinese President Xi Jinping strengthens ties with Africa at the 9th Forum on China-Africa Cooperation, pledging $51 billion in aid and emphasizing sustainable development. Explore the implications of this growing partnership amidst concerns over debt and trade deficits.
Volkswagen's Bold Move: Considering Factory Closures in Germany to Slash Costs by $11 Billion
Volkswagen is considering unprecedented factory closures in Germany as part of a strategy to cut costs by $11 billion amid declining sales and rising competition. This bold move has sparked protests among employees and discussions within labor unions about potential solutions.
Unlocking the Future: 10 Emerging Jobs Created by AI and Automation
Discover how automation and AI are reshaping the job market by creating 97 million new roles by 2025. Explore 10 exciting future jobs that will emerge from this technological revolution.
Syrian Banks Face Severe Lending Decline Amid Liquidity Crisis and High Inflation
Explore the troubling decline in lending operations within Syrian banks, driven by a liquidity crisis and soaring inflation rates. Understand the implications for financial inclusion and the broader economic landscape.
Federal Reserve Faces Critical Decision: How Will Interest Rate Cuts Shape the Economy?
Explore the Federal Reserve's critical decision-making on interest rate cuts amid rising inflation and a slowing labor market. Discover how upcoming presidential elections could impact economic policies and market dynamics.
Renault's CEO Warns of €15 Billion Fines as Europe's Electric Vehicle Sales Lag
Renault CEO Luca De Meo warns that Europe's automotive industry faces €15 billion in fines due to slow electric vehicle sales, as EU emissions targets tighten and competition from Chinese manufacturers grows.