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.

2024/10/5

Business

Moody's Lowers Credit Rating for Israel Electric Corporation Amid Economic Turmoil

2024-10-05T15:29:09.182Z

Moody's downgrades the Israel Electric Corporation's credit rating to Baa2, citing financial risks stemming from the ongoing war and lack of government support for its debts.

Business

EU Imposes Tariffs on Chinese Electric Cars, Raising Trade War Fears

2024-10-05T14:48:47.930Z

The EU has announced new tariffs on Chinese electric cars, raising concerns about trade tensions and the competitiveness of European manufacturers.

Business

Crisis in the European Automotive Industry: Challenges and Trade Tensions

2024-10-05T13:08:42.791Z

The European automotive industry is facing a significant crisis due to stagnation in the electric vehicle market, intensified competition from Chinese manufacturers, and upcoming EU emissions regulations. This situation threatens the industry's goals and has caused severe repercussions for major players, particularly in Germany.

Business

Iran's Oil Industry Thrives Despite Sanctions, But Tensions with Israel Rise

2024-10-05T11:19:20.271Z

Iran's oil production has surged to near pre-sanction levels, raising concerns about potential Israeli military action. Despite US sanctions, Iran's strategic exports to China and illicit transport networks have bolstered its oil industry, but geopolitical tensions threaten future stability.

Business

European Court Upholds Malta's Citizenship by Investment Scheme, Influencing EU Policies

2024-10-05T10:08:45.206Z

The European Court of Justice has ruled in favor of Malta's citizenship-for-payment scheme, allowing wealthy investors to obtain EU citizenship. This decision may influence similar programs across Europe amidst ongoing debates about security and financial risks.

Business

US Ports Reopen After Dockers' Strike Ends with New Wage Agreement

2024-10-05T08:38:53.243Z

The dockers' strike at US ports has ended after a new wage agreement was reached, allowing thousands of workers to return to work and ensuring the stability of supply chains ahead of the holiday season.

Business

Historic Longshoremen Strike Ends with Major Wage Agreement

2024-10-05T07:59:09.735Z

A major agreement has been reached to end a historic strike by longshoremen at U.S. ports, ensuring significant wage increases and the resumption of operations, crucial for the economy ahead of the holiday season.

Business

Brazil's Historic Drought Sparks Global Food Price Concerns

2024-10-05T07:58:44.027Z

Brazil's worst drought in history threatens global food prices, impacting major crops and contributing to rising commodity prices, with significant economic implications worldwide.

Business

U.S. Job Growth Fuels Dollar Surge While Gold Prices Decline

2024-10-05T06:38:51.529Z

The U.S. job growth in September has led to a significant increase in the dollar's value, while gold prices have declined as traders adjust their expectations regarding future interest rate cuts by the Federal Reserve.

Business

Russia Sees Surge in Deposit Rates as Inflation Pressures Mount

2024-10-05T06:09:20.546Z

The average deposit rates in Russia have reached 18.71% per annum, the highest since March 2022, driven by the Central Bank's aggressive monetary policy to combat inflation, which currently stands at 8.6%.