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

BIS Withdrawal from mBridge Project: Implications for Putin's Economic Strategies

2024-11-02T11:26:23.846Z

The BIS's withdrawal from the mBridge project raises questions about the future of cross-border payments and highlights Putin's ambitions for alternative financial systems in response to US sanctions.

Business

US Job Growth Stalls Amid Hurricane and Strikes Before Election

2024-11-02T10:26:18.831Z

The US labor market shows signs of weakness with only 12,000 new jobs added in October, influenced by Hurricane Milton and strikes, raising concerns ahead of the presidential election.

Business

Buffett Cuts Apple Stake as Berkshire Hathaway Reports Record Cash Reserves

2024-11-02T17:26:15.439Z

Warren Buffett's Berkshire Hathaway has reduced its stake in Apple by 25%, reporting a record cash reserve of $325.2 billion amid market challenges.

Business

Russia to Nearly Double Sick Leave Payments by 2027 Amid Economic Changes

2024-11-02T18:06:44.951Z

The Russian government plans to nearly double the maximum sick leave payments over the next three years, reflecting a commitment to improve social protection amid rising living costs. Additionally, child care and maternity benefits will also see significant increases.

Business

Egypt and Turkey Experience Credit Rating Upgrades Amid Economic Challenges

2024-11-02T12:26:24.575Z

Fitch Ratings has upgraded Egypt's credit rating to B, while Standard & Poor's has raised Turkey's rating to BB-. Both nations face significant economic challenges but show signs of recovery.

Business

Volkswagen's Factory Closures Signal Deepening Crisis in Germany's Manufacturing Sector

2024-11-02T09:16:30.509Z

Volkswagen's decision to close factories and lay off thousands of employees underscores a deepening crisis in Germany's manufacturing sector, as the government struggles to respond effectively.

2024/9/29

Business

Kuwait's Government Proposes Gasoline Price Hike for Foreigners Amid Economic Strain

2024-09-29T16:47:09.577Z

Kuwait is set to raise gasoline prices for foreign residents while offering financial support to citizens, as the government grapples with economic challenges and aims to align fuel costs with global market rates.

Business

Engineering Degrees Dominate High Income Rankings: Top 10 Specialties Revealed

2024-09-29T15:37:09.030Z

Discover how engineering degrees lead to high-paying careers. Explore the top 10 engineering specialties with the highest salaries and job satisfaction rates in the industry.

Business

Israel Faces Economic Turbulence as Moody's Downgrades Credit Rating

2024-09-29T12:07:23.065Z

Moody's recent downgrade of Israel's credit rating to Baa1 signals potential economic turmoil, with rising debt costs and increased taxes affecting citizens' savings and pensions.

Business

Egypt's Real Estate Market Faces Bubble Fears Amid Soaring Prices and Economic Strain

2024-09-29T11:27:06.036Z

Explore the rising concerns over Egypt's real estate market as prices soar amid economic turmoil. Understand the factors driving demand and the divided opinions on market stability.

Business

Russian Employers Increasingly Favor Job Seekers Over 50 Amidst Labor Market Challenges

2024-09-29T11:17:22.892Z

Discover how Russian employers are increasingly favoring job seekers over 50, as the labor market evolves and stress levels rise among job seekers. Learn about the changing dynamics and the value of experience.

Business

Israel's Credit Rating Plummets Amid Escalating Conflict and Economic Mismanagement

2024-09-29T10:27:35.915Z

Israeli opposition leader Yair Lapid criticizes Finance Minister Bezalel Smotrich after Moody's downgraded Israel's credit rating, citing economic mismanagement amidst escalating conflict with Hezbollah.

Business

Canada Global Partners with Flow to Expand U.S. Real Estate Operations and Enter Saudi Market

2024-09-29T09:37:17.593Z

Canada Global announces a strategic partnership with Flow, acquiring 30% stake to enhance U.S. real estate operations, while also entering the Saudi market with plans for new developments.

Business

Grab Unbeatable Coffee Machine Deals at Lidl and MediaMarkt's Winter Sales

2024-09-29T05:57:15.469Z

Discover incredible discounts on coffee machines at Lidl and MediaMarkt during their winter sales. Find top brands and unbeatable prices before September 30!