World Daily News

German Industry Faces Billions in Losses Due to Raw Material Dependency

The German Industry Association warns of potential losses in the billions due to the country's increasing reliance on imported raw materials, particularly lithium from China, and highlights the need for strategic changes in sourcing and recycling.

Business

Serbia's Lithium Mine Project: A Geopolitical Balancing Act

2024-11-13T19:19:33.814Z

The development of Europe's largest lithium mine in Serbia by Rio Tinto has sparked significant geopolitical tensions and public opposition due to environmental concerns.

Business

Amazon Haul: A New Player in the Fast Fashion Arena

2024-11-14T13:39:41.986Z

Amazon has launched 'Amazon Haul', a low-cost online store aimed at competing with Shein and Temu, offering over 300 million products priced between $2 and $20, but with longer delivery times.

Business

BRICS Offers Turkey Partnership Amidst Strategic Balancing

2024-11-14T10:59:19.670Z

BRICS has offered Turkey a partnership membership as it seeks to balance relations between East and West, while Turkey aims for full membership.

Business

French Senate Proposes Unpaid Work Hours to Fund Social Security

2024-11-14T10:39:27.419Z

The French Senate's Social Affairs Committee has proposed an amendment requiring workers to contribute seven unpaid hours annually to fund Social Security, generating an estimated 2.5 billion euros. Economy Minister Antoine Armand has called the proposal 'interesting' as part of broader budget discussions.

Business

La Vanguardia and The Guardian Stop Publishing on X Over Misinformation Concerns

2024-11-14T13:49:42.314Z

La Vanguardia and The Guardian have announced they will stop publishing on X, citing concerns over misinformation and the platform's transformation under Elon Musk's ownership.

Business

Ben & Jerry's Sues Unilever Over Silencing Support for Palestinians

2024-11-14T11:49:48.168Z

Ben & Jerry's has filed a lawsuit against Unilever, claiming the company has obstructed its efforts to support Palestinian refugees following the Gaza War. The lawsuit highlights a conflict over corporate governance and social activism, revealing tensions between the ice cream maker's mission and Unilever's corporate interests.

2024/11/11

Business

German Industry Faces Billions in Losses Due to Raw Material Dependency

2024-11-11T18:48:53.081Z

The German Industry Association warns of potential losses in the billions due to the country's increasing reliance on imported raw materials, particularly lithium from China, and highlights the need for strategic changes in sourcing and recycling.

Business

French Winegrowers and Athletes Concerned After Trump's Re-election

2024-11-11T18:09:01.194Z

Following Donald Trump's re-election, French winegrowers fear a return of tariffs, while basketball star Gabby Williams expresses concerns over women's rights and safety in the U.S.

Business

Egypt's Court Ruling Transforms Old Rental Contracts Landscape

2024-11-11T16:09:28.213Z

Egypt's Supreme Constitutional Court has declared the fixed annual rent system unconstitutional, impacting over two million housing units and prompting a need for new legislation to balance landlord and tenant rights.

Business

Mattel Apologizes for Printing Porn Site on 'Wicked' Dolls' Packaging

2024-11-11T15:29:12.172Z

Mattel has apologized for mistakenly printing a pornographic website address on the packaging of its 'Wicked' dolls, intended for children, instead of the official film website.

Business

Japan Eases Sanctions on Hybrid Cars for Russian Market

2024-11-11T11:48:45.362Z

Japan has eased sanctions on mild hybrid car imports to Russia, allowing access to vehicles from major manufacturers amid declining demand.

Business

Gold Prices Fall as US Data Looms; China's Stimulus Disappoints Oil Markets

2024-11-11T10:19:17.153Z

Gold prices have fallen as investors await US economic data and comments from the Federal Reserve, while China's disappointing stimulus plan has pressured oil prices. Reports of increased gold thefts in China highlight consumer interest amid rising prices.

Business

Roborock and Xiaomi Offer Major Discounts on Robot Vacuums for Black Friday

2024-11-11T09:29:32.456Z

Roborock and Xiaomi are offering significant discounts on their robot vacuum models ahead of Black Friday, with savings of up to 400 euros on select models.

Business

Qatar Energy Expands Exploration Activities in Egypt's Mediterranean Sea

2024-11-11T08:59:06.969Z

Qatar Energy has acquired a 23% stake in the North Dabaa Offshore Area in Egypt, enhancing its exploration activities in the Mediterranean Sea.

Business

Bitcoin Reaches New Record High of $81,000 Amid Trump Presidency

2024-11-11T08:28:34.489Z

Bitcoin has reached an all-time high of $81,000, propelled by expectations of favorable regulatory changes under President Trump.

Business

Iraq's Central Bank to End Dollar Monitoring Platform: Implications and Insights

2024-11-11T07:18:42.042Z

The Central Bank of Iraq's decision to discontinue the dollar monitoring platform will transform financial transfers, potentially impacting exchange rates and the banking sector.

Business

Poor Diets Cost Global Economy Over $8 Trillion Annually, FAO Reports

2024-11-11T05:38:49.382Z

The FAO's latest report reveals that poor dietary habits result in hidden health costs exceeding $8 trillion annually, prompting calls for urgent reforms in global food systems.