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

Black Friday Vacuum Cleaner Deals: Ecovacs and Shark Offer Major Discounts

2024-11-22T11:01:12.289Z

This Black Friday, significant discounts on vacuum cleaners from Ecovacs and Shark are attracting consumers looking for high-performance cleaning solutions.

Business

Elon Musk's Fortune Reaches Record High of $348 Billion Post-Election

2024-11-23T02:41:16.531Z

Elon Musk's net worth has soared to an all-time high of $348 billion following the 2024 US presidential election, driven by a significant rise in Tesla's stock and the increased valuation of his AI firm, xAI. His close ties with President-elect Donald Trump are expected to influence regulatory changes that could further benefit his business interests.

Business

Europe Prepares for Potential Trade Tensions with the U.S.

2024-11-22T20:21:25.133Z

The European Union is preparing to respond to potential trade tensions with the United States as President-elect Donald Trump plans to impose tariffs. EU Ambassador Yvetta Nelopchina emphasizes the importance of dialogue and cooperation while acknowledging the inevitability of trade disputes.

Business

Japan's $250 Billion Stimulus Package Aims to Revitalize Economy

2024-11-22T18:41:20.488Z

Japan's government has approved a $250 billion stimulus package to support families and businesses amid rising economic challenges, including inflation and energy costs.

Business

Morocco and China Strengthen Economic Ties Amid Xi Jinping's Visit

2024-11-23T07:52:08.326Z

Morocco is enhancing its economic ties with China, focusing on major projects and trade diversification during Xi Jinping's visit.

Business

Trump Appoints Scott Bessent as Treasury Secretary Amid Economic Challenges

2024-11-23T01:21:24.409Z

President-elect Donald Trump has appointed Scott Bessent as Treasury Secretary, emphasizing his role in implementing economic policies and addressing fiscal challenges.

2024/11/1

Business

Kremlin Ready to Activate Nord Stream 2 Amid Trump Comments

2024-11-01T20:36:06.349Z

The Kremlin has announced its readiness to launch the Nord Stream 2 gas pipeline, responding to Donald Trump's recent comments about its destruction. Experts indicate that the pipeline is intact and could be activated quickly, pending political decisions from Germany.

Business

U.S. Job Growth Slows Amid Strikes and Hurricanes

2024-11-01T15:26:11.226Z

The U.S. labor market saw its slowest job growth in nearly four years in October, with only 12,000 new jobs added, as the unemployment rate held steady at 4.1%. The slowdown is attributed to hurricanes and ongoing labor strikes.

Business

Russia Imposes Astronomical Fine on Google: A Symbolic Gesture Amid Legal Tensions

2024-11-01T13:46:18.350Z

Russia has imposed an unprecedented fine of over 20 quintillion dollars on Google for blocking pro-Russian channels on YouTube, a move described as symbolic by Kremlin officials. Google remains unyielding, viewing the demands as unrealistic amidst ongoing legal challenges in the country.

Business

Turkey and Russia Discuss Gas Trading Hub in Istanbul by 2025

2024-11-01T13:06:06.086Z

Turkey is in talks with Russia to establish a gas trading hub in Istanbul, expected to start operations in 2025, with gas prices determined by a new Istanbul Gas Index.

Business

Oil Prices Surge 2% Amid Iran-Israel Tensions

2024-11-01T11:35:56.083Z

Crude oil prices jumped 2% due to reports of a potential Iranian strike on Israel, with Brent crude reaching $74.27 per barrel.

Business

New Zealand and Gulf Cooperation Council Sign Landmark Trade Agreement

2024-11-01T11:16:08.210Z

New Zealand has finalized a trade agreement with the Gulf Cooperation Council, enhancing economic ties and eliminating tariffs on a significant portion of exports.

Business

Zhang Yiming: China's Richest Man and TikTok Founder

2024-11-01T07:15:57.219Z

Zhang Yiming, founder of ByteDance and TikTok, has been named China's richest man with a fortune of 350 billion yuan, reflecting his significant influence in the tech industry.