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

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.

Business

Eurozone Economy Faces Risks Amid Trump's Tariff Threats

2024-11-21T14:01:41.265Z

The Eurozone economy is facing significant risks due to escalating trade tensions and potential tariffs threatened by US President Donald Trump, as highlighted in a recent report by the European Central Bank.

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

Lockheed Martin: A Leader in Global Defense Amid Rising Tensions

2024-11-21T16:22:10.201Z

Lockheed Martin continues to dominate the global arms market, driven by increased defense spending and strategic military contracts, particularly in light of ongoing geopolitical tensions.

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.

2024/10/8

Business

Russia's Dark Gas Fleet: Evasive Tactics and Market Implications

2024-10-08T21:09:56.170Z

Russia's dark fleet is increasingly using deceptive tactics to evade sanctions and maintain LNG exports, significantly impacting global energy markets amid rising gas prices.

Business

France's Finance Minister Outlines Strategy to Tackle Budget Deficit

2024-10-08T19:49:55.714Z

France's new finance minister, Antoine Armand, pledges to reduce the country's budget deficit to 5% next year and ultimately below the EU's 3% threshold by 2029, amid European scrutiny and a massive public debt of €3.2 trillion.

Business

Exploring the $1 Home Initiative: Can It Revive Urban Areas?

2024-10-08T19:49:43.205Z

Cities like Baltimore and Liverpool are selling abandoned homes for $1 to combat urban decay, but the effectiveness and social implications of these initiatives are under scrutiny.

Business

Cognac Industry Faces New Tariffs Amid China-EU Trade War

2024-10-08T16:30:01.489Z

The trade conflict between China and the EU escalates as new anti-dumping measures target French cognac, requiring hefty security deposits for imports, raising concerns for the industry and potential impacts on other sectors.

Business

New Special Economic Zones Introduced in Belgorod, Kursk, and Bryansk Regions to Boost Local Economy

2024-10-08T16:00:35.554Z

The Russian government has launched a Special Economic Zone (SEZ) in Belgorod, Kursk, and Bryansk regions, providing tax breaks and reduced insurance premiums to stimulate local economies and support entrepreneurs.

Business

Jeep Launches North Star Special Edition and Previews New Electric Compass

2024-10-08T14:29:38.873Z

Jeep has introduced the North Star special edition for the Renegade and Compass, celebrating a sales milestone in Europe, while also previewing a new electric version of the Compass set to launch in 2025.

Business

Unmissable Deals on TVs and Electric Shavers During Amazon Prime Day

2024-10-08T13:50:52.933Z

Amazon's Prime Day on October 8th and 9th offers massive discounts on electronics, including Philips Ambilight TVs and electric shavers from Braun and Philips, with savings up to 51%.

Business

EU Appeals to WTO Over China's Anti-Dumping Measures on Brandy Imports

2024-10-08T11:39:54.481Z

The European Commission is appealing to the WTO against China's anti-dumping measures on brandy imports, escalating trade tensions following EU surcharges on Chinese electric cars.

Business

Tax Increases Loom for Small Businesses, Tourists, and Homeowners in 2025

2024-10-08T11:00:03.581Z

As the 2025 budget approaches, small businesses in France voice concerns over potential tax increases, while the Balearic Islands announce a rise in tourism tax to manage mass tourism, and Germany prepares for significant property tax reforms affecting homeowners.

Business

China's Tariff Considerations and Growing EU Dependence on Chinese Imports

2024-10-08T10:10:20.938Z

China is contemplating tariffs on large-engine vehicle imports as the EU increases its dependency on Chinese goods, particularly in the automotive sector. This shift reflects changing global trade dynamics and the complexities of international economic relations.

Business

China's Tariff Considerations Signal Shifting Global Trade Dynamics

2024-10-08T09:10:30.663Z

China is contemplating increased tariffs on large-displacement vehicle imports, while the EU's growing reliance on Chinese goods highlights a complex shift in global trade dynamics, especially in the automotive sector.

Business

Limited-Time Offers on Bissell and Dreame Cleaning Appliances at Amazon

2024-10-08T09:10:09.845Z

Amazon is offering significant discounts on the Bissell SpotClean Pet Pro cleaner and the Dreame L20 Ultra robot vacuum during Flash Prime Days, making it an excellent time to upgrade your home cleaning solutions.

Business

Unmissable Deals on Tineco and Other Vacuum Cleaners During Amazon's Prime Day

2024-10-08T08:30:08.443Z

Amazon's Prime Day features significant discounts on vacuum cleaners, including the Tineco Floor One S7 Pro, which is now available for €489, down from €699. Shoppers can also find deals on various other brands with discounts up to 55%.

Business

China's Tariff Considerations Amidst Growing EU Dependence on Chinese Goods

2024-10-08T08:30:04.389Z

China is contemplating tariffs on large-engine vehicle imports as the EU increases its reliance on Chinese goods, particularly amidst shifting global trade dynamics. This development highlights the complexities of international trade relationships and the diverging economic strategies of the US and EU.

Business

Amazon Prime Flash Days: Huge Discounts on Coffee Machines and Cleaning Devices

2024-10-08T05:59:54.718Z

Amazon is offering significant discounts on popular coffee machines and cleaning devices during its Prime Flash Days, featuring the De'Longhi Magnifica S, Philips 5400 Series, and Dreame L20 Ultra vacuum cleaner.

Business

Massive Discounts on Dreame Robot Vacuums: Save Up to €500 on Amazon

2024-10-08T04:59:28.282Z

Dreame is offering significant discounts on its robot vacuum cleaners, including the DreameBot L20 Ultra and Dreame H12 Pro, making them ideal choices for efficient home cleaning.

Business

Russia to Resume Pension Indexation for Working Pensioners Starting January 2025

2024-10-08T01:39:26.549Z

Starting January 1, 2025, Russia will resume pension indexation for both working and non-working pensioners, aligning increases with inflation to support over 7.8 million citizens amid low unemployment rates.