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
2024/9/24
Sánchez and Armand: Leaders Emphasize Growth Amid Economic Challenges in Spain and France
Explore how Spain's Pedro Sánchez and France's Antoine Armand address economic challenges, emphasizing public investment and targeted taxation to foster growth and reduce inequality.
Leapmotor International Launches Electric Vehicles in Europe to Challenge Established Brands
Leapmotor International, a joint venture between Stellantis and Leapmotor, launches electric vehicles T03 and C10 in Europe, aiming to disrupt the market with competitive pricing and advanced technology.
UniCredit's Stake Increase in Commerzbank Sparks Economic Alarm in Germany
UniCredit's recent increase in its stake in Commerzbank to 21% raises alarms in Germany, with concerns over potential economic consequences and the future of small and medium-sized enterprises (SMEs).
Oil and Gold Prices Surge Amid Escalating Israel-Hezbollah Conflict
Amid escalating tensions between Israel and Hezbollah, oil and gold prices have surged, reflecting concerns over supply disruptions and increased geopolitical risks. Investors are closely monitoring the situation as the Federal Reserve signals potential rate cuts to stabilize the economy.
Navigating Everyday Risks: Landslides and Geopolitical Challenges for Global Companies
Explore the increasing everyday risks from landslides in urban areas due to aging infrastructure and the geopolitical challenges faced by global companies. Learn about preventive measures and the importance of risk management in today's complex environment.
Biden Administration Unveils Bold Strategy to Shield U.S. Auto Industry from Chinese Competition
The Biden administration is ramping up efforts to protect the U.S. auto sector from Chinese competition, focusing on tariffs and trade restrictions to safeguard American jobs and promote domestic manufacturing.
Jordan Refuses Tomato Exports to Israel Amid Health Concerns and Rising Prices
Jordan has halted tomato exports to Israel due to health concerns linked to cholera, intensifying diplomatic tensions and contributing to a growing tomato shortage in Israel, where prices are soaring.
UniCredit's Stake in Commerzbank Sparks Hostile Takeover Fears Amid Market Decline
UniCredit's recent acquisition of a 21% stake in Commerzbank raises concerns of a hostile takeover, prompting political backlash and market declines. Discover the implications for Germany's banking sector and SMEs.
European Commission Rejects China's Dairy Investigation, Launches WTO Challenge
The European Commission has launched a WTO challenge against China's investigation into EU dairy products, citing a lack of factual basis amid rising trade tensions.
Israel's Budget Crisis: $10.5 Billion Deficit Threatens Financial Stability Amid US Aid Uncertainty
Israel is facing a staggering $10.5 billion budget deficit for 2024, primarily due to uncertain US aid. Opposition members raise alarms over financial stability and potential cuts to essential services.
U.S. Government Considers Ban on Chinese and Russian Technology in Connected Vehicles
The U.S. is considering a ban on Chinese and Russian technology in connected vehicles, citing national security risks. The proposed regulations could impact both imported and domestic vehicles, with significant implications for the automotive industry.
Britain's Urgent Call: 1.3 Million Skilled Craftsmen Needed to Address Workforce Shortage
Britain is facing a severe shortage of skilled tradesmen, with a need for 1.3 million workers and 350,000 apprentices over the next decade to meet housing and construction demands. This report underscores the urgency for recruitment amid an aging workforce and growing economic opportunities.
China's Central Bank Unveils Bold Economic Measures to Target 5% Growth in 2024
The People's Bank of China has announced significant economic support measures, including a 50 basis point cut in the reserve requirement ratio, aimed at achieving a GDP growth target of around 5% for 2024. These measures also include reductions in key interest rates and mortgage rates to stimulate consumption and address the ongoing real estate crisis.
Ecuador's Energy Crisis Deepens: Power Outages Extended Amid Severe Drought
Ecuador faces a severe energy crisis with unexpected power outages lasting up to 14 hours, driven by a historic drought and mismanagement. President Noboa's government struggles to address the situation as citizens demand accountability.
Revolutionizing Agriculture: Russia Launches 'Digital Village' to Enhance Farm Management
Explore how Russia's new 'Digital Village' platform aims to transform agricultural management through automation and precision farming, addressing labor shortages and enhancing productivity.