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.

2024/11/12

Business

Martinique Aims for 20% Price Reduction on Essentials by January 2025

2024-11-12T23:09:08.314Z

The Minister for Overseas Territories, François-Noël Buffet, announced a plan to reduce prices on 6,000 essential products by 20% in Martinique by January 2025, amid ongoing protests against the high cost of living.

Business

Argentina's Inflation Drops to 2.7% Under Javier Milei's Administration

2024-11-12T22:59:16.075Z

Argentina's inflation rate fell to 2.7% in October 2024, the lowest in three years, amid ongoing economic challenges.

Business

Keolis Wins Major Bus Network in Paris Amid Competitive Shift

2024-11-12T21:49:07.160Z

Keolis has been awarded the operation of the 'Marne et Brie' bus network in Paris, while RATP Cap retains two other networks, amidst protests over the shift to competitive bus services.

Business

New Airline Launches in Germany Amid Rising Violence in Haiti

2024-11-12T20:29:18.763Z

Flydba, a new airline, will connect Stuttgart and Münster/Osnabrück, targeting business travelers, while violence disrupts air travel in Haiti.

Business

Iraq Shortlists Companies for Grand Faw Port Operation Contract

2024-11-12T20:09:18.777Z

Iraq has shortlisted 11 companies to compete for the operation of the Grand Faw Port, aiming to enhance its logistics capabilities and transform its economy.

Business

LEGO Harry Potter Set and Budget Trends for Christmas 2024

2024-11-12T17:49:00.865Z

As Christmas approaches, the LEGO Harry Potter Dobby set is a popular gift choice, priced at 23.99 euros. Meanwhile, French consumers are facing budget constraints, with average spending dropping to 497 euros amid economic concerns.

Business

Bitcoin Surges Past $89,000 Amid Political Optimism and Market Trends

2024-11-12T17:09:53.083Z

Bitcoin has surged past $89,000, driven by political optimism following Donald Trump's election victory and a broader recovery in the cryptocurrency market.

Business

Intel Israel Announces Major Layoffs Amid Financial Crisis

2024-11-12T16:49:08.536Z

Intel Israel is undergoing significant layoffs, impacting 20% of its workforce, as part of a global restructuring plan due to financial difficulties.

Business

Pension Revaluation in France Set for January 2025 Amid Inflation Concerns

2024-11-12T16:29:37.431Z

Prime Minister Michel Barnier confirmed a pension revaluation for all retirees in France starting January 1, 2025, addressing inflation concerns and aiming to protect vulnerable pensioners.

Business

Trump's Economic Agenda: Will It Spark a Boom or Bust in the U.S. Economy?

2024-11-12T16:00:05.611Z

Donald Trump's return as the Republican candidate has led to a surge in U.S. stock markets, reflecting optimism about his economic policies. However, potential risks such as inflation, increased government debt, and a trade war could complicate the economic landscape.

Business

How to Effectively Target Your Audience on Social Media Platforms

2024-11-12T15:59:49.157Z

This article explores strategies for effectively targeting and engaging your audience on social media platforms, emphasizing the importance of understanding demographics, psychographics, and pain points.

Business

Global Energy Crisis: Most and Least Expensive Countries for Energy in 2024

2024-11-12T15:49:16.388Z

The global energy crisis has led to significant disparities in energy costs, with European countries facing the highest bills while resource-rich nations offer the lowest prices.

Business

Shell Wins Appeal Against Climate Lawsuit, Avoids Mandatory Emission Cuts

2024-11-12T13:59:02.054Z

The Hague Court of Appeal has ruled in favor of Shell, allowing the company to decide its own emissions reduction strategies, overturning a previous mandate for a 45% reduction by 2030.

Business

Rising Emigration from Israel Sparks Economic Concerns and Calls for Action

2024-11-12T12:19:33.094Z

A recent report highlights a 42% increase in Israelis emigrating abroad, raising economic concerns amid ongoing political crises. Former Prime Minister Bennett calls for mass immigration from the Jewish diaspora to counteract these trends.

Business

Lindt Challenges US Lawsuit Over Heavy Metals in Dark Chocolate

2024-11-12T12:19:09.029Z

Lindt & Sprüngli is contesting a class action lawsuit in the U.S. regarding heavy metals in its dark chocolate, raising concerns about its quality claims and brand image.

Business

Shell Prevails in Climate Lawsuit as Court Dismisses NGOs' Appeal

2024-11-12T11:19:32.770Z

A Dutch court has dismissed an appeal by climate activists against Shell, overturning a previous ruling that mandated significant CO2 emissions reductions.

Business

Inbal Or's Court Hearing: Absences, Allegations, and Supporters Rally

2024-11-12T11:00:05.994Z

Inbal Or, a real estate entrepreneur, faced a court hearing in Tel Aviv regarding her conviction for fraud and tax evasion, amid absences and fervent support from her followers.

Business

Bitcoin Reaches New High Near $90K After Trump's Election Win

2024-11-12T09:39:55.995Z

Bitcoin has surged to over $89,000 following Donald Trump's election victory, with predictions it may reach $100,000 by year-end.

Business

Bank of Israel Warns of Real Estate Loan Crisis Amid Economic Uncertainty

2024-11-12T08:49:22.728Z

The Bank of Israel has issued a warning about the risks associated with balloon loans in the real estate market, highlighting potential price distortions and financial challenges for buyers amid ongoing economic uncertainty.

Business

Russia's Su-57 Fighter Jet: Production, Combat Use, and Export Potential

2024-11-12T08:09:02.203Z

The United Aircraft Corporation has delivered new Su-57 fighter jets to the Russian military and announced the export version's debut at Airshow China 2024, highlighting its combat capabilities and future export potential.

Business

Bitcoin Soars 30% After Trump's Re-election: What's Driving the Surge?

2024-11-12T07:49:35.024Z

Bitcoin's value has surged 30% following Donald Trump's re-election, driven by political support and institutional investments.

Business

Lufthansa Finalizes Acquisition of ITA Airways: A New Era for Italian Aviation

2024-11-12T07:29:14.342Z

Lufthansa has reached a final agreement with the Italian government to acquire ITA Airways, paving the way for increased competition in the Italian aviation market. The deal awaits approval from the European Commission, with expectations for a positive outcome by the end of November.