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

French Farmers Block Bordeaux Port in Protest Against Trade Deals

2024-11-21T18:41:22.493Z

French farmers protested by blocking access to Bordeaux port, voicing concerns over unfair competition and EU trade negotiations.

Business

Black Friday Deals: Major Discounts on Dreame and Roborock Robot Vacuums

2024-11-21T18:21:02.342Z

Dreame and Roborock are offering significant discounts on their robot vacuum cleaners ahead of Black Friday, with prices slashed by hundreds of euros on popular models.

Business

Jaguar Unveils New Logo, Sparks Mixed Reactions on Social Media

2024-11-21T18:11:10.280Z

Jaguar has launched a new logo, replacing its iconic design, which has led to diverse reactions on social media. As the company prepares for a shift to electric vehicles, the rebranding aims to modernize its image amidst criticism and nostalgia for the classic logo.

Business

Asian Economies Brace for Impact of Strong Dollar Amid Trade Tensions

2024-11-21T18:41:30.598Z

Asian economies are preparing for potential challenges as the dollar strengthens, driven by anticipated trade tensions and higher interest rates, which could lead to currency depreciation and increased inflation.

Business

SNCF Strike Threat: Will Christmas Travel Be Disrupted?

2024-11-21T18:22:14.812Z

The SNCF is facing a potential rolling strike starting December 12, raising concerns about Christmas travel disruptions. However, current mobilization appears limited, suggesting smoother travel may be possible.

Business

Black Friday Vacuum Deals: Shark and Roborock Offer Huge Discounts

2024-11-21T17:51:17.914Z

Major vacuum brands Shark and Roborock are offering significant discounts for Black Friday, making it an excellent opportunity for consumers to purchase advanced cleaning devices at reduced prices.

2024/10/14

Business

Uganda Partners with Turkish Firm for Major Railway Project Linking to Kenya

2024-10-14T21:01:16.741Z

The Ugandan government has signed a $3 billion agreement with Turkish firm Yapi Merkezi to construct a 273-kilometer railway linking Uganda to Kenya, enhancing regional trade and economic integration.

Business

Egypt to Enhance Natural Gas Production with New Drilling Operations in Zohr Field

2024-10-14T19:41:24.033Z

Egypt plans to increase natural gas production from the Zohr field in the Mediterranean through new drilling operations by Eni, aiming to restore production levels and enhance investments in the sector.

Business

Sudan's Rapid Support Forces Ban Exports to Egypt: What It Means for Trade and Economy

2024-10-14T17:31:22.281Z

The Rapid Support Forces in Sudan have announced a ban on exports to Egypt, citing political tensions and accusations against Cairo. While the ban raises concerns for Sudanese farmers and producers, experts believe its economic impact may be limited as trade routes remain operational.

Business

Germany's Economic Recession: GDP Contraction and Future Outlook

2024-10-14T16:51:14.057Z

Germany is facing a slight recession with GDP expected to shrink by 0.1% in the third quarter of 2024, marking the second consecutive year of economic contraction since reunification.

Business

Concerns Rise Over Doliprane Factory Sale in Lisieux Amid Employee Protests

2024-10-14T15:41:13.239Z

The proposed sale of Sanofi's Doliprane production site in Lisieux to American investment fund CD&R has sparked protests among employees and concerns from local officials about job security and industrial sovereignty.

Business

Over 70 Million Euros in Assets Seized from Russian Oligarchs in France

2024-10-14T15:21:38.051Z

French authorities have seized over 70 million euros in assets belonging to two Russian oligarchs as part of a money laundering investigation, highlighting the country's commitment to combating financial crimes.

Business

World Bank Report: Debt Levels Among Poorest Countries Reach Record High

2024-10-14T13:41:32.071Z

A World Bank report reveals that the 26 poorest countries are facing record-high debt levels, with significant implications for their economies and vulnerability to crises, including four Arab nations: Sudan, Somalia, Syria, and Yemen.

Business

Gaza War Drives Israeli Investors to U.S. Stocks, Threatening Local Economy

2024-10-14T12:31:11.097Z

The ongoing Gaza conflict has led to a significant increase in Israeli investments in U.S. stocks, particularly the S&P 500, raising concerns about the impact on the local economy and future investment opportunities.

Business

Closure of Al-Karamah Crossing Threatens Palestinian Olive Oil Exports

2024-10-14T11:31:51.849Z

The closure of the Al-Karamah crossing has raised serious concerns for Palestinian farmers as they face challenges in exporting olive oil, a vital source of income for thousands of families, amid the ongoing olive harvest season.

Business

Union Calls for Sanofi to Retain Control of Doliprane Amid Sale Controversy

2024-10-14T11:01:18.589Z

Union representatives in France are urging the government to ensure that Sanofi retains control of Doliprane production amid plans to sell its subsidiary Opella to the American investment fund CD&R, citing concerns over health sovereignty and local jobs.

Business

Two Young Men Sentenced to Prison for $2.5 Million Apple Fraud Scheme

2024-10-14T10:42:16.372Z

Haotian Sun and Pengfei Xue were sentenced to prison for a scheme that defrauded Apple of over $2.5 million by submitting counterfeit iPhones for warranty replacements.