World Daily News

German Industry Faces Billions in Losses Due to Raw Material Dependency

The German Industry Association warns of potential losses in the billions due to the country's increasing reliance on imported raw materials, particularly lithium from China, and highlights the need for strategic changes in sourcing and recycling.

Business

Concerns Rise Over Crit'Air 3 Ban and Press Freedom in France

2024-11-14T19:49:32.924Z

The upcoming ban on Crit'Air 3 vehicles in Greater Paris raises concerns among local SMEs, while an Afghan journalist's exclusion from a ministerial visit highlights issues of discrimination and press freedom.

Business

Turkey Aims to Become a Regional Gas Trading Hub by 2025

2024-11-14T18:40:16.674Z

Turkey is advancing plans to establish a regional gas trading hub in Istanbul by 2025, collaborating with Russia to enhance its role in the global energy market.

Business

S&P Predicts No Economic Improvement for Israel Before 2026

2024-11-14T20:19:41.427Z

Standard & Poor's forecasts that Israel's economy will not improve before 2026, citing ongoing military conflicts and a rising budget deficit.

Business

Trump's Election Raises Inflation and Trade War Risks, Warns UK Official

2024-11-14T20:50:05.879Z

Catherine Mann of the Bank of England warns that Donald Trump's election could lead to increased inflation and trade war risks, impacting the UK and European economies.

Business

Dollar Gains Momentum Following Trump's Election Victory

2024-11-14T19:59:29.080Z

The US dollar has strengthened significantly following Donald Trump's election victory, while Bitcoin has reached new heights, driven by promises of favorable cryptocurrency regulations.

Business

EU Imposes $840 Million Fine on Meta for Anti-Competitive Practices

2024-11-14T18:19:48.200Z

The European Union has fined Meta Platforms $840 million for linking Facebook Marketplace to its social network, violating competition rules.

2024/10/13

Business

Germany's Airline Industry Faces Decline Amid Rising Costs and Regulatory Challenges

2024-10-13T16:51:43.823Z

Lufthansa CEO warns that rising costs and government regulations are leading to a decline in Germany's attractiveness as a business location, with airlines canceling flights and urging government action to boost air traffic.

Business

Experts Warn of Economic Consequences of Trump's Proposed Policies

2024-10-13T16:51:27.347Z

Economists caution that Donald Trump's proposed economic policies may lead to increased consumer prices and strained international trade, particularly with China, as he aims to raise tariffs significantly.

Business

Germany's Nursing Care Insurance Crisis: What You Need to Know

2024-10-13T16:10:58.434Z

Germany's nursing care insurance is facing insolvency, prompting potential increases in contributions that could significantly impact taxpayers. Amidst rising health insurance costs, understanding the complexities of long-term care insurance claims has never been more critical.

Business

Moroccan Minister Advocates for Re-Evaluation of U.S. Trade Agreement

2024-10-13T12:11:04.364Z

Moroccan Minister Ryad Mezzour calls for a re-evaluation of the free trade agreement with the U.S. to address the trade imbalance as the agreement marks its 20th anniversary.

Business

Microsoft Launches Revolutionary AI Tools to Enhance Healthcare Efficiency

2024-10-13T11:41:34.225Z

Microsoft has introduced new AI tools aimed at improving healthcare efficiency by automating documentation and enhancing medical imaging analysis, helping to reduce the administrative burden on healthcare professionals.

Business

Gulf Cooperation Council Enhances Iraq's Energy Security with New Electricity Project

2024-10-13T08:11:22.844Z

The Gulf Cooperation Council has signed a contract to supply Iraq with electricity, aiming to enhance energy security and reduce public expenditures as Iraq faces severe electricity shortages.