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

Controlling Inflation in Post-Conflict Syria: Strategies and Challenges

2024-12-22T08:18:52.053Z

Following the fall of the Assad regime, Syria is implementing strategies to control inflation and stabilize the economy, with initial signs of improvement in currency value and goods prices.

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.

2024/10/31

Business

Israel's 2025 Budget Faces Austerity Amid Gaza and Lebanon Wars

2024-10-31T20:26:01.461Z

Israel's 2025 budget reflects austerity measures driven by the financial strain of ongoing wars in Gaza and Lebanon, with significant cuts and tax increases planned to stabilize the economy.

Business

French Court Allows Israeli Companies to Participate in Euronaval 2024

2024-10-31T19:16:33.087Z

The Paris Commercial Court has overturned a ban on Israeli companies participating in the Euronaval exhibition, allowing their presence amid ongoing tensions between France and Israel.

Business

Livret A Interest Rate Expected to Drop to 2.5% in February 2025

2024-10-31T18:56:28.147Z

The Livret A savings account in France is set to see a decrease in its interest rate from 3% to 2.5% starting February 1, 2025, as announced by Éric Lombard, the CEO of Caisse des Dépôts (CDC). This change is based on the formula that considers interbank rates and inflation over the past six months.

Business

How Trump's Tariff Plans Could Devastate the British Economy

2024-10-31T18:26:08.073Z

The potential re-election of Donald Trump could lead to significant tariffs on British imports, threatening the economy and international trade relations.

Business

Paris Stock Exchange Declines as Investors React to Economic Uncertainty

2024-10-31T17:36:07.331Z

The Paris Stock Exchange faced a decline with the CAC 40 index dropping 1.05% amid disappointing corporate results and economic uncertainty.

Business

IMF Lowers Middle East Growth Forecast Amid Ongoing Conflicts

2024-10-31T17:26:07.067Z

The IMF has cut its growth forecast for the Middle East and North Africa to 2.1% for 2023, citing ongoing wars and reduced oil production as major factors.

Business

Germany and Argentina Face Pivotal Changes in Energy and Governance

2024-10-31T17:16:19.549Z

Germany plans to change solar power feed-in tariffs affecting smaller operators, while Argentina's opposition moves to limit presidential powers regarding decrees.

Business

France and UK Announce Major Tax Increases in New Budgets

2024-10-31T17:05:42.123Z

France and the UK are implementing significant tax increases in their new budgets, with France focusing on billionaire taxes and the UK emphasizing public investment after years of austerity.

Business

Are Women Better Investors Than Men? Insights and Challenges

2024-10-31T15:25:53.102Z

Research shows that women outperform men in long-term investing, yet face challenges due to stereotypes and underrepresentation in the financial sector.

Business

Russia's Trade Shift: Asian Partners Take Center Stage Amid Sanctions

2024-10-31T14:46:09.687Z

Russia's foreign trade has shifted significantly towards Asian countries, with China and India emerging as key partners amid ongoing Western sanctions.

Business

Israel's Real Estate Sector Faces Challenges Amid Ongoing Conflict

2024-10-31T10:56:06.334Z

The Bank of Israel has warned about the risks in the construction and real estate sectors due to ongoing conflicts, highlighting economic challenges and a labor shortage.

Business

Starbucks and Americana Restaurants Report Declines Amid Boycott Campaigns

2024-10-31T10:55:54.254Z

Starbucks and Americana Restaurants report significant sales and profit declines due to ongoing boycott campaigns against brands perceived to support Israel amid the Gaza conflict.

Business

IMF Optimistic About Egypt's Economic Recovery Amid Regional Challenges

2024-10-31T09:36:26.462Z

The IMF reports progress in its $8 billion loan program for Egypt, citing expected economic improvements despite regional challenges.

Business

China Urges Action from Car Manufacturers Amid EU Tariffs

2024-10-31T08:46:08.682Z

China is urging its car manufacturers to reconsider investments in Europe following the EU's imposition of tariffs on Chinese electric vehicles, which has sparked significant trade tensions.

Business

Germany Faces Record Drop in Energy Consumption Amid Economic Challenges

2024-10-31T07:15:35.483Z

Germany's energy consumption is set to hit a record low for the second year in a row, driven by a decline in manufacturing and a shift towards renewable energy sources amid ongoing economic challenges.

Business

Rwanda's Moto Taxi Sector: A Key Player in Urban Transportation

2024-10-31T05:45:46.957Z

Rwanda's moto-taxi sector has emerged as a significant mode of transportation in Kigali, providing income for thousands and contributing to the tourism industry.

Business

E. Coli Outbreak Linked to McDonald's Onions Affects 90 in the U.S.

2024-10-31T05:45:38.710Z

U.S. health officials confirmed that slivered onions used by McDonald's are linked to 90 E. coli infections, prompting a recall and removal from menus.

Business

Explosion at Mexican Steel Mill Results in 13 Fatalities

2024-10-31T03:15:33.026Z

A steel mill explosion in Tlaxcala, Mexico, has resulted in 13 fatalities, prompting investigations into the cause.

Business

E. Coli Outbreak Linked to McDonald's Onions: 90 Cases Reported

2024-10-31T00:15:31.162Z

The CDC has linked an E. coli outbreak to sliced onions used in McDonald's Quarter Pounder burgers, with 90 reported cases and one death.