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

Black Friday Vacuum Cleaner Deals: Ecovacs and Shark Offer Major Discounts

2024-11-22T11:01:12.289Z

This Black Friday, significant discounts on vacuum cleaners from Ecovacs and Shark are attracting consumers looking for high-performance cleaning solutions.

Business

Elon Musk's Fortune Reaches Record High of $348 Billion Post-Election

2024-11-23T02:41:16.531Z

Elon Musk's net worth has soared to an all-time high of $348 billion following the 2024 US presidential election, driven by a significant rise in Tesla's stock and the increased valuation of his AI firm, xAI. His close ties with President-elect Donald Trump are expected to influence regulatory changes that could further benefit his business interests.

Business

Europe Prepares for Potential Trade Tensions with the U.S.

2024-11-22T20:21:25.133Z

The European Union is preparing to respond to potential trade tensions with the United States as President-elect Donald Trump plans to impose tariffs. EU Ambassador Yvetta Nelopchina emphasizes the importance of dialogue and cooperation while acknowledging the inevitability of trade disputes.

Business

Japan's $250 Billion Stimulus Package Aims to Revitalize Economy

2024-11-22T18:41:20.488Z

Japan's government has approved a $250 billion stimulus package to support families and businesses amid rising economic challenges, including inflation and energy costs.

Business

Morocco and China Strengthen Economic Ties Amid Xi Jinping's Visit

2024-11-23T07:52:08.326Z

Morocco is enhancing its economic ties with China, focusing on major projects and trade diversification during Xi Jinping's visit.

Business

Trump Appoints Scott Bessent as Treasury Secretary Amid Economic Challenges

2024-11-23T01:21:24.409Z

President-elect Donald Trump has appointed Scott Bessent as Treasury Secretary, emphasizing his role in implementing economic policies and addressing fiscal challenges.

2024/10/26

Business

Top 7 University Majors in Humanities and Social Sciences for Future Careers

2024-10-26T19:04:19.587Z

A recent report discusses the future of humanities and social sciences, identifying seven promising university majors and their salary expectations, while addressing concerns about job market viability.

Business

Morocco to Ease Dirham Peg to Euro and Dollar by 2026

2024-10-26T18:04:22.808Z

Morocco's Central Bank plans to ease the dirham's peg to a basket of currencies by 2026, aiming to enhance financial markets and adapt to economic challenges.

Business

Guadeloupe Faces Extended Blackout as Strikes Disrupt Power Supply

2024-10-26T16:15:27.459Z

Guadeloupe experienced a major blackout lasting nearly 24 hours due to strikes at the EDF-PEI power plant, affecting water distribution and healthcare services, with a gradual restoration of power underway.

Business

Putin's 'BRICS Bridge' Proposal Struggles for Support at Kazan Summit

2024-10-26T15:34:25.428Z

At the BRICS summit in Kazan, Putin's proposal for an alternative payment system faced resistance from key member nations, highlighting challenges in circumventing US dollar dominance.

Business

French Government Faces Setbacks on 2025 Budget Amid Assembly Rejections

2024-10-26T14:44:33.110Z

The French government is encountering significant challenges in passing its 2025 budget, with key proposals rejected in the National Assembly, including a surtax on large businesses. The political dynamics suggest a fragmented support base and potential reliance on constitutional measures to advance the budget.

Business

Gold Prices Surge Amid Global Instability: What It Means for Investors

2024-10-26T14:04:11.986Z

Gold prices have surged by 38% this year, surpassing $2,700 per ounce, driven by increased demand for safe-haven assets amid global financial concerns and geopolitical tensions. Central banks and wealthy investors are significantly increasing their gold holdings.

Business

Nvidia Surpasses Apple as World's Most Valuable Company

2024-10-26T11:54:59.230Z

Nvidia has overtaken Apple as the world's most valuable company with a market cap of $3.53 trillion, driven by strong demand for AI chips. Meanwhile, Apple faces declining smartphone sales, particularly in China.

Business

Future Industries Set to Transform Global Economy by 2040

2024-10-26T10:14:34.861Z

A McKinsey study outlines key industries shaping the global economy by 2040, while UAE experts call for incentives to attract investments in future sectors.

Business

Rwanda's Coffee Industry: Quality Production and Community Impact

2024-10-26T09:14:25.438Z

Rwanda's coffee industry focuses on quality production and community engagement, with significant contributions to the economy.