Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support
Carrefour has closed all its branches in Jordan due to a widespread boycott campaign, with 93% of Jordanians participating in protests against the company's support for the Israeli occupation.
IKEA to Pay €6 Million to Compensate East German Forced Labor Victims
IKEA has agreed to pay 6 million euros to a fund for victims of forced labor during East Germany's communist regime, acknowledging its historical ties to the practice.
Schaeffler and Auchan Announce Major Job Cuts Amid Economic Pressures
Schaeffler and Auchan are implementing significant job cuts due to economic challenges, affecting thousands of employees across Europe.
Russia to Increase Maternity Capital and Social Benefits in 2025
Russia is set to increase maternity capital and other social benefits in 2025, including a rise in minimum wage and child care payments, aimed at enhancing financial support for families and vulnerable individuals.
Auchan Implements Major Job Cuts and Store Closures Amid Financial Struggles
Auchan has announced significant job cuts and store closures as part of a restructuring plan to address financial losses and adapt to changing retail dynamics.
Boeing Workers Ratify Agreement, Ending Costly Strike
Boeing workers have ratified a new agreement, ending a seven-week strike that cost the company over $10 billion, with a 38% wage increase and improved benefits.
Explosion at Mexican Steel Mill Results in 13 Fatalities
Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support
French Court Allows Israeli Companies to Participate in Euronaval 2024
Dollar's Surge Linked to Trump Election Prospects
IMF Optimistic About Egypt's Economic Recovery Amid Regional Challenges
Are Women Better Investors Than Men? Insights and Challenges
2024/10/5
Moody's Lowers Credit Rating for Israel Electric Corporation Amid Economic Turmoil
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.
EU Imposes Tariffs on Chinese Electric Cars, Raising Trade War Fears
The EU has announced new tariffs on Chinese electric cars, raising concerns about trade tensions and the competitiveness of European manufacturers.
Crisis in the European Automotive Industry: Challenges and Trade Tensions
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.
Iran's Oil Industry Thrives Despite Sanctions, But Tensions with Israel Rise
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.
European Court Upholds Malta's Citizenship by Investment Scheme, Influencing EU Policies
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.
US Ports Reopen After Dockers' Strike Ends with New Wage Agreement
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.
Historic Longshoremen Strike Ends with Major Wage Agreement
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.
Brazil's Historic Drought Sparks Global Food Price Concerns
Brazil's worst drought in history threatens global food prices, impacting major crops and contributing to rising commodity prices, with significant economic implications worldwide.
U.S. Job Growth Fuels Dollar Surge While Gold Prices Decline
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.
Russia Sees Surge in Deposit Rates as Inflation Pressures Mount
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%.