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

Schaeffler and Auchan Announce Major Job Cuts Amid Economic Pressures

2024-11-05T08:16:57.034Z

Schaeffler and Auchan are implementing significant job cuts due to economic challenges, affecting thousands of employees across Europe.

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

Nvidia Chip Lending Spree: Wall Street's $11 Billion Bet on AI

2024-11-05T13:27:49.250Z

Wall Street has entered an $11 billion lending spree for companies in the AI sector, relying heavily on Nvidia chips as collateral, raising concerns about market vulnerabilities.

Business

Auchan Implements Major Job Cuts and Store Closures Amid Financial Struggles

2024-11-05T09:07:33.629Z

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.

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

Dollar's Surge Linked to Trump Election Prospects

2024/9/20

Business

Italian Prosecutors Target Elkann Family with €75 Million Seizure in Tax Fraud Case

2024-09-20T22:24:50.017Z

Italian prosecutors have ordered the seizure of €75 million from John Elkann and others in a tax fraud investigation linked to the Fiat dynasty's inheritance disputes. Discover the details of this high-profile case.

Business

Gold Prices Hit Record High as Investors Seek Safety Amid U.S. Economic Uncertainty

2024-09-20T19:34:48.211Z

Gold prices have soared to a historic high of nearly $2,645 per troy ounce, driven by a weakening dollar and the Federal Reserve's unexpected rate cuts, prompting concerns over a potential U.S. recession. Central banks are increasingly turning to gold as a safe asset amid growing economic uncertainty.

Business

Fraudster Arrested for Altering Linky Meters to Slash Electricity Bills by Up to 70%

2024-09-20T15:05:06.239Z

A man was arrested in Valenciennes for modifying Linky meters, promising customers substantial reductions in their electricity bills. This scheme, involving dangerous manipulations, raises concerns about rising electricity meter fraud across France.

Business

Bruno Le Maire's Academic Debut in Switzerland Marred by Controversy and Graffiti

2024-09-20T13:05:45.291Z

Bruno Le Maire, former French Minister of Economy, faces backlash ahead of his teaching debut at the University of Lausanne, with graffiti expressing hostility towards his political legacy and literary work. Discover the details of his new role and the reactions it has sparked.

Business

European Electric Car Market in Crisis: Major Manufacturers Cut Profits Ahead of Key Summit

2024-09-20T10:35:11.282Z

The European electric car market faces a crisis as major manufacturers cut profit expectations ahead of a crucial summit to address stagnating sales and stringent EU regulations. Key players like Volkswagen and BMW report significant losses, prompting calls for urgent action from the EU.

Business

Master Your Job Change Narrative: Expert Resume Tips for Success

2024-09-20T02:34:40.658Z

Discover expert tips on how to effectively communicate job changes in your resume. Learn the importance of clarity and professionalism in discussing temporary positions and reasons for leaving previous jobs.