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

EU and China Close to Agreement on Electric Car Tariffs

2024-11-23T13:11:51.931Z

The EU and China are nearing a deal on electric car tariffs, with potential commitments from China to sell at minimum prices to address competition concerns.

Business

Moody's Upgrades Saudi Arabia's Credit Rating to Aa3 Amid Economic Reforms

2024-11-23T11:31:46.333Z

Moody's has upgraded Saudi Arabia's credit rating to Aa3, citing progress in economic diversification and the Vision 2030 plan.

Business

US Charges Adani Group with Bribery, Resulting in $27 Billion Loss

2024-11-23T16:11:49.452Z

The US has charged India's Adani Group with bribery involving $265 million to secure solar energy contracts, leading to a $27 billion loss in market value. The group denies the allegations, calling them baseless, while facing significant financial repercussions.

Business

U.S. National Debt Hits Record High: Implications and Future Risks

2024-11-23T21:31:35.648Z

The U.S. national debt has reached an unprecedented $36.03 trillion, with projections indicating a rise to $57 trillion by 2034. This escalating debt poses significant risks to the economy and global financial stability, as the cost of servicing the debt surpasses defense spending for the first time. Experts warn that without immediate action, the U.S. may face a fiscal crisis, impacting both domestic priorities and international confidence.

Business

Study Reveals Tesla Cars Have Highest Fatal Crash Rate Among Vehicles

2024-11-23T13:51:23.561Z

A new study reveals that Tesla vehicles have the highest fatal crash rate among comparable cars, raising concerns about driver behavior and the safety of automated systems.

Business

Passengers Face Long Delays on TGV and Ouigo Trains Amid Technical Failures

2024-11-23T11:01:33.986Z

Passengers on TGV and Ouigo trains faced significant delays due to technical failures, leading to frustrations and compensation offers from SNCF.

2024/10/8

Business

Russia's Dark Gas Fleet: Evasive Tactics and Market Implications

2024-10-08T21:09:56.170Z

Russia's dark fleet is increasingly using deceptive tactics to evade sanctions and maintain LNG exports, significantly impacting global energy markets amid rising gas prices.

Business

France's Finance Minister Outlines Strategy to Tackle Budget Deficit

2024-10-08T19:49:55.714Z

France's new finance minister, Antoine Armand, pledges to reduce the country's budget deficit to 5% next year and ultimately below the EU's 3% threshold by 2029, amid European scrutiny and a massive public debt of €3.2 trillion.

Business

Exploring the $1 Home Initiative: Can It Revive Urban Areas?

2024-10-08T19:49:43.205Z

Cities like Baltimore and Liverpool are selling abandoned homes for $1 to combat urban decay, but the effectiveness and social implications of these initiatives are under scrutiny.

Business

Cognac Industry Faces New Tariffs Amid China-EU Trade War

2024-10-08T16:30:01.489Z

The trade conflict between China and the EU escalates as new anti-dumping measures target French cognac, requiring hefty security deposits for imports, raising concerns for the industry and potential impacts on other sectors.

Business

New Special Economic Zones Introduced in Belgorod, Kursk, and Bryansk Regions to Boost Local Economy

2024-10-08T16:00:35.554Z

The Russian government has launched a Special Economic Zone (SEZ) in Belgorod, Kursk, and Bryansk regions, providing tax breaks and reduced insurance premiums to stimulate local economies and support entrepreneurs.

Business

Jeep Launches North Star Special Edition and Previews New Electric Compass

2024-10-08T14:29:38.873Z

Jeep has introduced the North Star special edition for the Renegade and Compass, celebrating a sales milestone in Europe, while also previewing a new electric version of the Compass set to launch in 2025.

Business

Unmissable Deals on TVs and Electric Shavers During Amazon Prime Day

2024-10-08T13:50:52.933Z

Amazon's Prime Day on October 8th and 9th offers massive discounts on electronics, including Philips Ambilight TVs and electric shavers from Braun and Philips, with savings up to 51%.

Business

EU Appeals to WTO Over China's Anti-Dumping Measures on Brandy Imports

2024-10-08T11:39:54.481Z

The European Commission is appealing to the WTO against China's anti-dumping measures on brandy imports, escalating trade tensions following EU surcharges on Chinese electric cars.

Business

Tax Increases Loom for Small Businesses, Tourists, and Homeowners in 2025

2024-10-08T11:00:03.581Z

As the 2025 budget approaches, small businesses in France voice concerns over potential tax increases, while the Balearic Islands announce a rise in tourism tax to manage mass tourism, and Germany prepares for significant property tax reforms affecting homeowners.

Business

China's Tariff Considerations and Growing EU Dependence on Chinese Imports

2024-10-08T10:10:20.938Z

China is contemplating tariffs on large-engine vehicle imports as the EU increases its dependency on Chinese goods, particularly in the automotive sector. This shift reflects changing global trade dynamics and the complexities of international economic relations.

Business

China's Tariff Considerations Signal Shifting Global Trade Dynamics

2024-10-08T09:10:30.663Z

China is contemplating increased tariffs on large-displacement vehicle imports, while the EU's growing reliance on Chinese goods highlights a complex shift in global trade dynamics, especially in the automotive sector.

Business

Limited-Time Offers on Bissell and Dreame Cleaning Appliances at Amazon

2024-10-08T09:10:09.845Z

Amazon is offering significant discounts on the Bissell SpotClean Pet Pro cleaner and the Dreame L20 Ultra robot vacuum during Flash Prime Days, making it an excellent time to upgrade your home cleaning solutions.

Business

Unmissable Deals on Tineco and Other Vacuum Cleaners During Amazon's Prime Day

2024-10-08T08:30:08.443Z

Amazon's Prime Day features significant discounts on vacuum cleaners, including the Tineco Floor One S7 Pro, which is now available for €489, down from €699. Shoppers can also find deals on various other brands with discounts up to 55%.

Business

China's Tariff Considerations Amidst Growing EU Dependence on Chinese Goods

2024-10-08T08:30:04.389Z

China is contemplating tariffs on large-engine vehicle imports as the EU increases its reliance on Chinese goods, particularly amidst shifting global trade dynamics. This development highlights the complexities of international trade relationships and the diverging economic strategies of the US and EU.

Business

Amazon Prime Flash Days: Huge Discounts on Coffee Machines and Cleaning Devices

2024-10-08T05:59:54.718Z

Amazon is offering significant discounts on popular coffee machines and cleaning devices during its Prime Flash Days, featuring the De'Longhi Magnifica S, Philips 5400 Series, and Dreame L20 Ultra vacuum cleaner.

Business

Massive Discounts on Dreame Robot Vacuums: Save Up to €500 on Amazon

2024-10-08T04:59:28.282Z

Dreame is offering significant discounts on its robot vacuum cleaners, including the DreameBot L20 Ultra and Dreame H12 Pro, making them ideal choices for efficient home cleaning.

Business

Russia to Resume Pension Indexation for Working Pensioners Starting January 2025

2024-10-08T01:39:26.549Z

Starting January 1, 2025, Russia will resume pension indexation for both working and non-working pensioners, aligning increases with inflation to support over 7.8 million citizens amid low unemployment rates.