World Daily News

Explosion at Mexican Steel Mill Results in 13 Fatalities

A steel mill explosion in Tlaxcala, Mexico, has resulted in 13 fatalities, prompting investigations into the cause.

Business

Volkswagen's Factory Closures Signal Deepening Crisis in Germany's Manufacturing Sector

2024-11-02T09:16:30.509Z

Volkswagen's decision to close factories and lay off thousands of employees underscores a deepening crisis in Germany's manufacturing sector, as the government struggles to respond effectively.

Business

France's 2025 Budget: Corporate Tax Hikes and Enhanced Tax Evasion Measures

2024-11-02T06:16:36.342Z

The French Parliament is debating the 2025 budget, which includes significant corporate tax increases and measures to combat tax evasion, potentially affecting shareholders and investment.

Business

BIS Withdrawal from mBridge Project: Implications for Putin's Economic Strategies

2024-11-02T11:26:23.846Z

The BIS's withdrawal from the mBridge project raises questions about the future of cross-border payments and highlights Putin's ambitions for alternative financial systems in response to US sanctions.

Business

Egypt and Turkey Experience Credit Rating Upgrades Amid Economic Challenges

2024-11-02T12:26:24.575Z

Fitch Ratings has upgraded Egypt's credit rating to B, while Standard & Poor's has raised Turkey's rating to BB-. Both nations face significant economic challenges but show signs of recovery.

Business

US Job Growth Stalls Amid Hurricane and Strikes Before Election

2024-11-02T10:26:18.831Z

The US labor market shows signs of weakness with only 12,000 new jobs added in October, influenced by Hurricane Milton and strikes, raising concerns ahead of the presidential election.

Business

Aviation Crisis Hits Israeli High-Tech Companies Amid War on Gaza

2024-11-02T05:06:07.402Z

Israeli high-tech companies face an aviation crisis, negotiating seasonal flights to New York amid rising ticket prices and government inaction.

2024/9/15

Business

Inflation in Israel Soars to 3.6% Amid Ongoing Gaza War: Economic Impacts and Government Response

2024-09-15T19:13:31.342Z

Discover how the ongoing Gaza war has led to a sharp rise in Israel's inflation rate, reaching 3.6%. Explore the economic implications and the government's response to this crisis.

Business

Hurricane Francine Disrupts 30% of U.S. Oil Production: A Severe Impact on the Energy Sector

2024-09-15T19:03:51.659Z

Hurricane Francine has caused a staggering 30% disruption in U.S. oil production and 41% in natural gas, impacting energy facilities across the Gulf of Mexico. Discover the storm's effects and recovery efforts.

Business

Germany’s Economy Faces Slow-Burning Crisis: ECB’s Nagel Calls for Urgent Action

2024-09-15T16:33:38.278Z

German economy struggles amid inflation concerns as ECB's Nagel emphasizes the need for urgent reforms. Former ECB President Draghi warns of a slow-burning crisis requiring substantial investments.

Business

Saudi Arabia's Embrace of the Petroyuan: A Strategic Shift in Global Trade Dynamics

2024-09-15T16:03:50.439Z

Discover how Saudi Arabia's potential shift to the petroyuan could reshape global trade dynamics. Explore the growing economic ties between Saudi Arabia and China, and the implications for the future of international currency systems.

Business

US Expands Strategic Lobito Corridor to Secure Africa's Critical Minerals

2024-09-15T16:03:37.928Z

Discover how the US is expanding the Lobito Corridor to secure vital minerals from Africa, amid a backdrop of geopolitical tensions and ethical concerns regarding resource extraction. Explore the implications for Zambia and the DRC in this new scramble for resources.

Business

EU's Controversial Ban on Popular Algerian 'Marjan' Chocolate Sparks Outrage

2024-09-15T15:23:32.873Z

Discover the controversy surrounding the EU's ban on 'Marjan' chocolate, a beloved Algerian product that has captured the hearts of French consumers. Learn about the implications and reactions from both sides.

Business

Unlocking YouTube Wealth: How Creators Can Earn Up to $5 Million Monthly

2024-09-15T14:03:40.504Z

Discover how YouTube creators can earn substantial income through effective monetization strategies, including ad revenue, sponsorships, and affiliate marketing. Learn how to maximize your earnings on one of the world's most visited platforms.

Business

Exploring the $1.4 Trillion Legacy: How Family Businesses Shape India’s Economy

2024-09-15T14:03:28.124Z

Discover how family businesses dominate India's economy, controlling nearly $1.4 trillion in value. Explore the dynamics of succession, leadership changes, and the evolving landscape of Indian commerce.

Business

Russian Banks Expand Operations in Eastern Ukraine: Sberbank and VTB Lead the Charge

2024-09-15T11:34:33.432Z

Discover how Sberbank and VTB are expanding their operations in eastern Ukraine amid ongoing Western sanctions, marking a significant shift in Moscow's economic strategy in the region.

Business

Jerome Powell Aims to Safeguard U.S. Labor Market Amid Economic Adjustments

2024-09-15T10:14:15.369Z

Explore how Jerome Powell is working to ensure a stable labor market while navigating the U.S. economy towards a soft landing, with insights into upcoming interest rate decisions and economic forecasts.

Business

Malaysia's Airport Privatization Sparks Controversy: What You Need to Know

2024-09-15T09:23:42.247Z

Explore the ongoing controversy surrounding Malaysia's airport privatization, involving BlackRock and its implications for national security and international relations.

Business

US Backs Libyan National Oil Corporation: A Crucial Move to Stabilize Global Energy Supplies

2024-09-15T09:23:29.385Z

Discover how the US is supporting the Libyan National Oil Corporation amidst production challenges, ensuring stability in global energy supplies. Learn about the recent meetings and implications for Libya's economy.

Business

Lucky Player Strikes Gold: €14 Million Loto Jackpot Won in Haute-Marne!

2024-09-15T09:03:20.528Z

Discover how a lucky player in Haute-Marne won a staggering €14 million in the Loto, marking one of the largest jackpots in France this year. Learn about the winning numbers and other winners from the draw!

Business

Revolutionizing Finance: How AI Enhances Efficiency and Mitigates Risks in 2023

2024-09-15T07:54:13.976Z

Discover how artificial intelligence is transforming the financial services industry by enhancing operational efficiency and improving customer experience, while also addressing the associated risks of technology reliance and biased decision-making.

Business

Urgent Action Required: Mario Draghi Warns Europe Faces Economic 'Slow Suffering'

2024-09-15T07:23:44.863Z

Mario Draghi warns that Europe is in a state of 'slow suffering' due to economic neglect, requiring urgent investments of €800 billion annually to revitalize its economy. His report highlights the need for joint debt issuance and immediate action to prevent further decline.

Business

Unlocking the Future: How 10 Years of Change Transformed Work and Life in Spain

2024-09-15T04:03:43.167Z

Explore the transformative changes in the Spanish workforce over the past decade, highlighting the impact of digitalisation, remote work, and the rise of women in leadership roles.