Apple Joins Google Antitrust Trial Over Search Revenue Agreements
Apple has requested to participate in Google's antitrust trial, citing the need to defend its revenue-sharing agreements with Google, which are crucial for its income from search services.
IMF Approves $1.2 Billion Disbursement to Egypt Amid Economic Reforms
The IMF has agreed to disburse $1.2 billion to Egypt as part of an $8 billion loan, contingent on ongoing economic reforms and approval from the Fund's Executive Board.
Trump's Proposed Tariffs: A Path to U.S. Trade Isolation?
Experts warn that President-elect Donald Trump's proposed tariffs could lead to significant changes in international trade, potentially isolating the U.S. economically and sparking new trade wars.
Bitcoin's Historic Rise in 2024: Key Drivers and Market Impact
Bitcoin experienced a remarkable price increase of 129% in 2024, reaching $98,000 per unit, driven by regulatory approvals, institutional investments, and significant political support.
Russian Gas Exports to Europe Set to Rise Amid Transit Uncertainties
Russian gas exports to Europe are expected to rise by 20% in 2024, despite the looming expiration of a crucial gas transit agreement with Ukraine, which could disrupt supplies and lead to an energy crisis in Europe.
Türkiye to Raise Minimum Wage to $630 in 2025 Amid Economic Challenges
Turkish President Recep Tayyip Erdogan announced a 30% increase in the minimum wage to $630 in 2025, impacting 9 million workers and raising concerns about inflation.
CATL to Launch 1,000 Battery Replacement Centers in China
Boulanger Offers Xiaomi Redmi 12 Smartphone Pack Amid Fines for Price Fixing
Apple Joins Google Antitrust Trial Over Search Revenue Agreements
USMCA Panel Rules Against Mexico in GM Corn Dispute
Saudi Arabia Innovates Lithium Extraction from Oil Wells
Trump's Economic Policies and Their Impact on the Federal Reserve in 2025
2024/10/28
Bangladesh Central Bank Governor Accuses Businessmen of $17 Billion Theft
Bangladesh's new central bank governor has accused businessmen linked to the former regime of stealing $17 billion from the banking sector, claiming military intelligence facilitated the theft.
France's Social Security Budget Faces Urgent Review Amid Deficit Crisis
The examination of France's Social Security budget begins under urgent circumstances, with a significant deficit looming and contentious political debates expected.
Salmonella Risk Prompts Recall of Eggs Across France
New recalls of potentially contaminated eggs in France due to salmonella risk have been announced, affecting several brands and prompting consumer warnings.
Hospital Unions Launch Strike Against Social Security Budget Cuts
Four unions representing hospital staff in France have announced a national strike from November 4 to December 21 in response to proposed changes in sick leave policies and budget cuts.
BRICS Summit Sparks New Energy Partnerships Between Turkey and Russia
The BRICS summit in Kazan has led to Turkey's invitation to Russia's Rosatom to build a second nuclear power plant, indicating a significant shift in energy partnerships and geopolitical dynamics.
China's Economic Slump Forces Global Companies to Rethink Strategies
Global companies are adjusting strategies amid China's economic downturn, focusing on cost-cutting and changing consumer behavior.
Volkswagen Plans Major Plant Closures in Germany Amid Financial Crisis
Volkswagen is set to close at least three plants in Germany, potentially laying off tens of thousands of employees as part of a cost-saving strategy.
Israel Proposes Freezing Minimum Wage and Pensions Amid War Costs
Israel's Finance Ministry plans to freeze minimum wage and pension increases to manage war costs, drawing significant opposition and raising concerns over economic impact.
Volkswagen Announces Major Factory Closures and Job Cuts in Germany
Volkswagen plans to close at least three factories in Germany, resulting in tens of thousands of job cuts as part of a strategy to save ten billion euros by 2026.
Oil Prices Drop Over 5% After Israeli Strikes on Iran
Oil prices fell over 5% following Israeli airstrikes on Iran that spared key energy sites, easing fears of supply disruptions and lowering geopolitical risk premiums.
Russia Enforces Six-Day Work Week Until November 2, 2024
Russia has initiated a six-day work week from October 28 to November 2, 2024, with a subsequent four-day work week for National Unity Day, amid legal and expert advice on managing workloads.
IMF Warns of Rising Debt and Economic Strain Amid Gaza Conflict
The IMF has raised alarms over global debt and economic growth amid the ongoing Gaza conflict, projecting a slight decline in growth for the Middle East while urging governments to manage fiscal pressures.
Exploring the Leading Fintech Applications in the Arab Region
The fintech sector in the Arab region is rapidly expanding, driven by innovative applications and a young, tech-savvy population. Key players include Fawry, MNT-Halan, and others, contributing to a projected market growth from $1.36 billion in 2023 to $1.51 billion in 2024.
Israel's Ministry of Defense Signs NIS 2 Billion Deal for Laser Defense System
The Israeli Ministry of Defense has signed a NIS 2 billion deal to expand the 'Magen Or' laser interception system, enhancing aerial defense capabilities and reducing operational costs.
McDonald's to Resume Quarter Pounder Sales After E. coli Testing
McDonald's will resume selling Quarter Pounders after testing confirmed no E. coli in their beef, addressing an outbreak linked to their burgers.