World Daily News

ArcelorMittal's Reims and Denain Sites Face Closure Amid Strikes

ArcelorMittal's service centers in Reims and Denain have gone on strike following the company's announcement of potential site closures due to declining activity in the industrial and automotive sectors.

Business

Egypt Negotiates Long-Term LNG Deals Amid Domestic Gas Decline

2024-11-20T20:31:10.585Z

Egypt is negotiating long-term LNG contracts with foreign companies to address declining domestic gas production and rising energy demands.

Business

Germany's Economic Crisis: Calls to Revive Nord Stream Pipeline

2024-11-20T16:50:56.166Z

Sahra Wagenknecht proposes reviving the Nord Stream pipeline to address Germany's economic crisis, but political and technical challenges loom.

Business

Egypt Faces 70% Drop in Suez Canal Revenues Amid Red Sea Tensions

2024-11-21T14:01:20.496Z

The International Monetary Fund reports a 70% decline in Egypt's Suez Canal revenues due to ongoing tensions in the Red Sea, exacerbated by conflicts in Gaza and Israel, impacting the country's economic stability.

Business

Sud Ouest Group Joins Ouest-France in Suspending X Presence Over Disinformation Concerns

2024-11-21T14:52:00.934Z

The Sud Ouest group has suspended its presence on social network X due to concerns over disinformation and moderation, following Ouest-France's lead.

Business

Ford to Cut 4,000 Jobs in Europe Amidst Ongoing Automotive Crisis

2024-11-21T12:31:19.655Z

Ford Motor Company announces plans to cut 4,000 jobs in Europe by 2027 due to declining sales and challenges in the electric vehicle market.

Business

Qatar Launches $3 Billion 'Land of Legends' Tourism Project

2024-11-21T15:00:56.188Z

Qatar has launched the 'Land of Legends' tourism project, a $3 billion initiative expected to transform the region's tourism sector and attract two million visitors annually by 2028.

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.