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

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

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

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

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
2024-11-03T10:47:28.553Z

Dollar's Surge Linked to Trump Election Prospects

2024/9/25

Business

Air Algerie Flight's Emergency Return Highlights Urgent Need for Fleet Modernization

2024-09-25T17:27:22.562Z

An Air Algerie flight experienced a technical malfunction shortly after takeoff, forcing a return to Algiers. Passengers expressed relief after a safe landing, while calls for fleet modernization grow amid safety concerns.

Business

US DOJ Files Lawsuit Against Visa for Anti-Competitive Practices

2024-09-25T17:26:31.637Z

The US Department of Justice has filed a lawsuit against Visa, accusing the company of anti-competitive practices that restrict market competition and inflate transaction fees. Discover how this lawsuit could impact the payment processing industry.

Business

Discover Unmatched Deals on Philips OneBlade and Rowenta Brush During French Days

2024-09-25T17:16:59.226Z

Explore incredible savings on top personal care products during French Days, including the Philips OneBlade cordless razor and Rowenta's Brush Activ Premium Care. Don't miss these limited-time offers!

Business

Israeli Economy on Edge: Capital Flight Doubles Amid Ongoing Conflict

2024-09-25T14:27:16.492Z

The Israeli economy is facing severe challenges as capital flight doubles amid ongoing conflict, raising concerns over its stability and future recovery.

Business

France's New Economic Ministers Tackle Serious Budget Deficit with Strategic Reforms

2024-09-25T13:46:32.636Z

France's public deficit is projected to exceed 6% of GDP in 2024, prompting new ministers to propose strategic reforms focused on spending cuts and targeted tax increases. Discover how the government plans to address this fiscal challenge while promoting economic growth.

Business

German Government Issues Warning as Unicredit Pursues Commerzbank Stake

2024-09-25T12:37:10.772Z

The German government warns Unicredit against a hostile takeover of Commerzbank, emphasizing the risks involved as Commerzbank's stock declines following the announcement.

Business

Gold Prices Skyrocket to All-Time Highs Amid Geopolitical Tensions and Dollar Decline

2024-09-25T10:46:55.627Z

Gold prices have surged to record highs, reaching $2,670.43 an ounce, fueled by a weaker dollar and rising geopolitical tensions in the Middle East. Investors are flocking to gold as a safe haven amid fears of a broader conflict and anticipated interest rate cuts.

Business

Germany's Economic Confidence Plummets Amid Declining Orders and Recession Fears

2024-09-25T10:46:13.865Z

Germany's industrial sector faces a significant lack of orders, leading to declining business confidence and fears of a recession. The manufacturing sector, crucial to the economy, shows signs of weakness as consumer anxiety rises.

Business

How Banks Capitalize on Wars: A Historical Perspective on Financial Profits

2024-09-25T08:06:08.418Z

Explore how banks have historically profited from wars, from ancient times to modern conflicts, revealing the intricate relationship between financial institutions and military engagements.

Business

Decolonizing Finance: Africa's Path to Sustainable Development Through Local Solutions

2024-09-25T07:56:29.809Z

Explore how Africa can achieve sustainable development by decolonizing finance and prioritizing local solutions over colonial financial structures.