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

Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support

2024-11-04T18:47:41.805Z

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.

Business

IKEA to Pay €6 Million to Compensate East German Forced Labor Victims

2024-11-04T15:37:43.330Z

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.

Business

Russia to Increase Maternity Capital and Social Benefits in 2025

2024-11-05T02:16:53.296Z

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.

Business

Impact of US Elections on Israeli Economy: Trump vs. Harris

2024-11-04T16:26:54.373Z

The upcoming US elections are set to influence the Israeli economy significantly, with candidates Trump and Harris proposing contrasting economic policies that could reshape international trade and investment.

Business

Boeing Workers Ratify Agreement, Ending Costly Strike

2024-11-05T06:47:16.455Z

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.

Business

Trump vs. Harris: Economic Implications for the U.S. and Germany

2024-11-04T15:19:02.737Z

As the U.S. election approaches, the volatile stock of Trump Media reflects the political stakes, while experts warn of significant economic repercussions for Germany if Trump wins.

Business
2024-11-03T10:47:28.553Z

Dollar's Surge Linked to Trump Election Prospects

2024/9/19

Business

UAE Central Bank Cuts Interest Rates: Real Estate Financing Set to Thrive

2024-09-19T20:14:46.668Z

The UAE Central Bank has cut interest rates by 50 basis points for the first time since 2020, benefiting real estate financing. Discover what this means for borrowers and the essential documents needed for loan approval.

Business

Russia's Central Bank Unveils Comprehensive Debt Regulation Plan to Aid Borrowers

2024-09-19T19:34:36.961Z

The Central Bank of Russia, under President Putin's directive, is drafting a law to regulate citizens' debt comprehensively, aiming to simplify the debt resolution process and alleviate financial burdens for borrowers.

Business

EU Cuts Hungary's Payments by 200 Million Euros Amid Asylum Law Violations and Google Wins Antitrust Appeal

2024-09-19T17:44:52.327Z

Hungary faces a 200 million euro deduction from EU payments due to unpaid fines related to asylum law violations, while Google successfully overturns a 1.5 billion euro fine from the EU for antitrust issues.

Business

Federal Reserve Cuts Rates, Mortgage Rates Drop: A New Hope for Homebuyers

2024-09-19T17:44:43.795Z

The Federal Reserve has cut interest rates for the first time since 2020, leading to a decline in mortgage rates. This shift is expected to boost the U.S. housing market, providing hope for buyers amid rising home prices and economic uncertainty.

Business

Global Stock Markets Rally as Federal Reserve Cuts Rates by 0.50%

2024-09-19T17:26:13.110Z

Global stock markets surged following the Federal Reserve's historic 0.50% interest rate cut, marking a shift in monetary policy aimed at boosting employment and restoring consumer purchasing power.

Business

US Healthcare System Ranks Last Among Developed Nations: A Call for Reform

2024-09-19T17:25:31.019Z

A new report reveals that the US healthcare system ranks last among developed nations, highlighting critical issues such as preventable deaths and access to care. Despite high spending, Americans face significant barriers to healthcare, prompting calls for reform ahead of the upcoming presidential election.

Business

Cathay Pacific A350 Engine Fire Sparks Urgent Inspections Following Safety Concerns

2024-09-19T17:25:09.437Z

Cathay Pacific's Airbus A350 engine fire incident linked to fuel hose deterioration prompts urgent inspections across fleets, raising safety concerns for Rolls-Royce engines.

Business

Paris Stock Exchange Rallies 2.29% as US Federal Reserve Cuts Rates for First Time in Four Years

2024-09-19T17:15:38.414Z

The Paris Stock Exchange surged 2.29% following the US Federal Reserve's first interest rate cut in over four years, signaling a potential economic recovery and boosting luxury and cyclical stocks.

Business

Unlocking Pakistan's Oil and Gas Reserves: A Path to Economic Recovery

2024-09-19T15:15:20.307Z

Pakistan's oil and gas reserves offer potential for economic recovery amidst a severe energy crisis. However, security concerns and investment challenges hinder extraction efforts. Learn more about the implications for Pakistan's economy.

Business

Historic Brands Grotrian-Steinweg and Tupperware File for Bankruptcy Amid Industry Challenges

2024-09-19T15:05:49.802Z

Grotrian-Steinweg and Tupperware recently filed for bankruptcy, highlighting the struggles of traditional companies to adapt to modern market demands and economic pressures. Learn more about their challenges and future prospects.

Business

US Federal Reserve Cuts Interest Rates: Global Economic Implications and Benefits for Consumers

2024-09-19T15:04:50.814Z

The US Federal Reserve's recent interest rate cut is set to influence global markets, impacting currencies, commodities, and precious metals. This article explores the implications for consumers and businesses, particularly in the Arab world.

Business

Two Iconic Brands, Grotrian-Steinweg and Tupperware, File for Bankruptcy Amid Economic Strain

2024-09-19T08:15:21.781Z

Grotrian-Steinweg and Tupperware have filed for bankruptcy, highlighting the struggles of traditional companies in a changing economic landscape. Discover the reasons behind their financial troubles and the impact on employees and consumers.

Business

Israel Canada Hotels Acquires Brown Hotels; Playtica Expands with $700 Million SuperPlay Deal

2024-09-19T07:44:48.185Z

Israel Canada Hotels announces acquisition of Brown Hotels for NIS 100 million, while Playtica secures SuperPlay for $700 million, enhancing their position in the gaming industry.