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.

2024/9/26

Business

Germany's Economy Faces Dual Recession Risks as Volkswagen Plans Job Cuts

2024-09-26T20:26:28.396Z

Germany's economy is projected to decline for two consecutive years, with GDP expected to drop 0.1% in 2024. Rising unemployment and Volkswagen's potential job cuts add to the economic uncertainty.

Business

Silver Hits 12-Year High as Gold Prices Soar Amid Central Bank Rate Cuts

2024-09-26T18:56:23.088Z

Silver prices soared to their highest level since December 2012, reaching $32 an ounce, as gold also hit record highs due to central bank interest rate cuts. Discover the factors driving this surge in precious metals.

Business

Navigating the Panda Bond Market: Opportunities and Challenges for African Nations

2024-09-26T17:47:07.422Z

Explore the challenges and opportunities for African nations in the panda bond market, including insights on the Chinese yuan's limited liquidity and the need for diversified funding strategies.

Business

Israel's Finance Ministry Targets Pension Tax Exemptions to Slash Budget Deficit by 2025

2024-09-26T16:56:59.215Z

Israel's Finance Ministry plans to reduce pension tax exemptions as part of efforts to cut the budget deficit to 4% by 2025 amid rising military costs. This move could significantly impact retirees' income and has faced opposition from labor unions.

Business

Air France Set to Revolutionize In-Flight Connectivity with Free Starlink Wi-Fi in 2025

2024-09-26T16:47:03.075Z

Air France partners with Starlink to offer passengers free high-speed Wi-Fi starting summer 2025, revolutionizing in-flight connectivity with stable, fast internet access for streaming and work.

Business

François Durovray Unveils Ambitious Transport Plans for Île-de-France Post-Olympics

2024-09-26T16:26:46.669Z

Explore François Durovray's ambitious plans for enhancing public transport in Île-de-France, including significant investments and future initiatives following the success of the Olympic Games.

Business

Unlock Professional Success: Marie Kondo's Joy at Work Offers Essential Organizing Strategies

2024-09-26T16:26:42.311Z

Discover how Marie Kondo's *Joy at Work* can transform your professional life with essential organizing strategies for a clutter-free, productive work environment.

Business

Arcom's New Ruling Elevates French Media Access on Connected Screens

2024-09-26T16:26:34.127Z

Arcom's latest ruling enhances the visibility of French media on connected screens, ensuring easier access to historical channels and positioning France as a leader in audiovisual media in Europe.

Business

Pakistan Secures $7 Billion IMF Loan: A Last Chance for Economic Recovery

2024-09-26T15:47:31.352Z

Pakistan has secured a $7 billion loan from the IMF, aiming to implement crucial economic reforms and stabilize its economy, marking its 24th assistance package since 1958.

Business

West Bank Faces Currency Crisis: Surge in Demand for Dollars and Regulatory Response

2024-09-26T15:26:54.498Z

The West Bank is experiencing a surge in demand for foreign currencies, prompting the Palestine Monetary Authority to implement strict regulations to stabilize the market amidst rumors and regional tensions.

Business

Stay Cozy and Stylish: Discover Rowenta's Best Offers This Winter

2024-09-26T14:26:28.448Z

Explore the latest Rowenta offers on Cdiscount, including the Instant Comfort Compact fan heater for just 47.99 euros and the Brush Activ Premium Care blow-drying brush at 39.99 euros, perfect for winter warmth and salon-quality styling.

Business

New York City Leads as the World's Richest City in 2024, Followed by Beijing and San Francisco

2024-09-26T13:06:23.823Z

Discover how New York City remains the world's richest city in 2024, with significant wealth growth in Chinese cities like Beijing and Shenzhen. Explore the trends and challenges in global wealth distribution.

Business

Rising Banking Fraud in Russia: VTB Issues Urgent Warning Amid New Malware Threats

2024-09-26T12:27:06.784Z

VTB warns of a surge in banking fraud schemes targeting Russian consumers, while new malware threats like the Octo2 Trojan pose additional risks to mobile banking security.

Business

Libya and Italy Gear Up for Energy Summit: Overcoming Economic and Political Hurdles

2024-09-26T07:16:50.265Z

Libya and Italy prepare for the Libya Energy and Economy Summit, focusing on enhancing gas production amidst economic and political challenges. Saipem leads initiatives to boost Libya's energy sector.

Business

Russia's Non-Resource Exports Rise 5% Amid Sanctions, Targeting 2030 Growth

2024-09-26T06:26:31.527Z

Russia's non-resource exports increased by 5% in early 2024, reaching $89.8 billion, as President Putin outlines ambitious growth targets despite sanctions. The agricultural sector plays a key role in this success, with significant shipments to global markets.

Business

Moody's Downgrade Looms: Israel Faces Economic Turmoil Amid US Aid Shortfall

2024-09-26T05:56:57.334Z

Moody's is likely to downgrade Israel's credit rating, threatening the economy with reduced investor confidence and significant declines in expected US aid, raising concerns over defense spending amid geopolitical tensions.

Business

Resilience in the Glass: Israeli Wineries Prepare for Rosh Hashanah 2024 Amid Challenges

2024-09-26T05:46:33.005Z

Explore the resilience of the Israeli wine industry as Rosh Hashanah 2024 approaches. Discover diverse wine selections and the impact of recent challenges on local producers.