World Daily News

CATL to Launch 1,000 Battery Replacement Centers in China

CATL, the world's largest electric vehicle battery maker, plans to open 1,000 battery replacement centers in China next year to enhance EV charging convenience.

Business

Javier Milei Proposes Nuclear Energy Expansion to Meet AI Demand in Argentina

2024-12-22T05:08:25.477Z

Argentine President Javier Milei has announced plans to expand nuclear energy capabilities to meet the energy demands of artificial intelligence, proposing a fourth nuclear power plant and the development of small modular reactors.

Business

Honda and Nissan Consider Joint Production Amid Merger Talks

2024-12-21T19:48:23.401Z

Honda and Nissan are exploring joint vehicle production as part of potential merger discussions, aiming to strengthen their collaboration in the automotive market.

Business

China's Economy Faces Challenges Amidst New Stimulus Efforts

2024-12-21T08:19:38.820Z

China's economy is projected to face significant challenges in 2025, with low consumer confidence and potential US tariffs threatening growth. The government is implementing new stimulus measures to boost domestic consumption.

2024/10/22

Business

E. Coli Outbreak Linked to McDonald's Burgers: Investigation Underway

2024-10-22T22:53:23.627Z

The CDC is investigating an E. coli outbreak linked to McDonald's burgers, resulting in one death and multiple hospitalizations.

Business

French Media and Advertisers Demand Apple Suspend Ad-Hiding Tool

2024-10-22T22:03:35.401Z

French advertisers and media have demanded Apple suspend its new 'distraction control' tool that allows users to hide ads, citing concerns over economic impact and compliance with data protection regulations.

Business

Bangladesh Implements Fifth Rate Hike of 2024 to Tackle Inflation

2024-10-22T20:33:13.353Z

Bangladesh's central bank has raised interest rates for the fifth time in 2024, increasing the repo rate to 10% amid high inflation and rising food prices.

Business

Former Abercrombie & Fitch CEO Mike Jeffries Arrested on Sex Trafficking Charges

2024-10-22T19:33:29.565Z

Mike Jeffries, former CEO of Abercrombie & Fitch, has been arrested and indicted on multiple sex trafficking charges involving the exploitation of aspiring male models.

Business

IMF Cuts Mexico's Growth Forecast to 1.5% Amid Economic Concerns

2024-10-22T19:03:45.040Z

The IMF has downgraded its growth forecast for Mexico to 1.5% for 2024, citing weakening internal demand and economic uncertainty.

Business

Russia Allocates 447 Billion Rubles for Preferential Mortgage Programs

2024-10-22T18:43:36.930Z

The Russian government has allocated approximately 447 billion rubles to support preferential mortgage programs, aimed at maintaining housing affordability amidst rising interest rates.

Business

Early Black Friday Laptop Deals: Save Big on HP and Lenovo

2024-10-22T18:13:31.941Z

Early Black Friday promotions are underway, featuring significant discounts on laptops from leading brands like HP and Lenovo, with major retailers offering deals that rival traditional Black Friday prices.

Business

BRICS Summit in Kazan Aims to Diminish U.S. Dollar Dominance

2024-10-22T16:54:26.168Z

The BRICS summit in Kazan, Russia, focuses on enhancing economic cooperation and reducing reliance on the U.S. dollar amid growing geopolitical tensions.

Business

Argentina's Milei Dissolves AFIP, Restructures Tax Collection and Football Benefits

2024-10-22T16:44:05.744Z

Argentina's President Javier Milei has announced the dissolution of AFIP, creating a new agency, ARCA, to improve tax collection and save budget costs, while also reevaluating tax benefits for football clubs.

Business

High-Profile Arrests Expose Disturbing Trends in Corporate Sexual Abuse

2024-10-22T15:44:28.299Z

Former Abercrombie & Fitch CEO Michael Jeffries and Assu 2000's Jacques Bouthier face serious allegations of sexual misconduct and trafficking, highlighting a significant issue of abuse within corporate settings.

Business

Egypt's IMF Loan Program Under Review Amid Economic Pressures

2024-10-22T14:44:36.225Z

Egypt's President Abdel Fattah el-Sisi warns of reassessing the $8 billion IMF loan program due to rising economic pressures and inflation impacting citizens.

Business

IMF Cautions on Financial Stability Amid Global Economic Growth Forecasts

2024-10-22T14:33:13.488Z

The IMF highlights increasing financial risks despite optimism in global economic growth, revising its 2025 growth forecast to 3.2% amid geopolitical tensions.

Business

IMF Projects Economic Divergence: Argentina Faces Decline, Italy Shows Modest Growth

2024-10-22T13:33:58.149Z

The IMF projects a 3.5% GDP decline for Argentina in 2024 with high inflation, while Italy is expected to grow by 0.7%.

Business

France and Germany: Diverging Approaches to Taxing the Wealthy

2024-10-22T13:33:33.473Z

As France proposes a new tax on high incomes in its 2025 budget, Germany engages in a heated debate over inheritance and wealth taxes ahead of federal elections, reflecting contrasting approaches to wealth redistribution.

Business

Mulliez Empire's 10-Year Investigation into Tax Fraud Ends in Dismissal

2024-10-22T11:33:35.227Z

The investigation into the Mulliez group's alleged money laundering and tax fraud has concluded with a dismissal of charges after ten years.

Business

Oil and Gold Prices Surge Amid Gaza Conflict and US Elections

2024-10-22T11:33:27.263Z

Oil and gold prices are rising amid escalating tensions in the Gaza conflict and the upcoming US elections, with the dollar remaining stable.

Business

Turkey Seeks $108 Billion to Boost Renewable Energy Capacity by 2035

2024-10-22T10:54:35.694Z

Turkey aims to quadruple its renewable energy capacity to 120,000 megawatts by 2035, requiring $108 billion in investments.

Business

Electro Dépôt and eBay Offer Compelling Vacuum Cleaner Deals

2024-10-22T09:23:34.177Z

Electro Dépôt has launched the Dreame H12 Pro vacuum cleaner at 329 euros, while eBay offers significant discounts on various vacuum models, including up to 57% off popular brands.

Business

Global Leaders Propose Drastic Budget Cuts Amid Political Campaigns

2024-10-22T08:53:13.530Z

Éric Ciotti advocates for drastic budget cuts in France, inspired by Argentine President Javier Milei, while Elon Musk supports Trump's campaign with promises to streamline government spending.

Business

BRICS Summit: Putin's Plan to Challenge Dollar Dominance

2024-10-22T08:14:39.411Z

At the upcoming BRICS summit, Putin aims to establish a new global payments system to challenge US dollar dominance and enhance economic independence among member nations.

Business

BRICS Summit in Kazan: Paving the Way for a New Global Order

2024-10-22T07:13:13.097Z

The recent BRICS summit in Kazan focused on enhancing cooperation among member countries, addressing economic disparities, and reducing reliance on the US dollar.

Business

European Car Sales Decline Amid Rise in Hybrid and Electric Vehicles

2024-10-22T06:13:16.146Z

Car registrations in Europe fell by 4.2% in September 2024, despite a rise in hybrid and electric vehicle sales.

Business

Hybrid Cars Surpass Petrol Sales in Europe for the First Time

2024-10-22T05:25:33.999Z

In a historic shift, hybrid cars have overtaken petrol cars in sales for the first time in Europe, according to ACEA data. While electric vehicle sales are rebounding, they still fall short of expectations, amid ongoing challenges in the automotive market.