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

Saudi Sovereign Fund Raises $1 Billion from STC Stake Sale

2024-11-14T15:50:14.597Z

Saudi Arabia's Public Investment Fund raised $1.03 billion from the sale of a 2% stake in STC, part of its economic diversification strategy.

Business

High Food Prices Drive Voter Sentiment as Trump Prepares for Second Term

2024-11-14T14:39:34.873Z

Rising food prices have significantly influenced American voters, contributing to Donald Trump's election victory. Experts warn that his proposed policies may exacerbate inflation, complicating efforts to stabilize the economy.

Business

Lipetsk Residents Face Toilet Crisis After Private Sewer System Purchase

2024-11-14T14:20:11.578Z

Residents of two high-rise buildings in Lipetsk experienced a severe plumbing crisis when their sewage system failed after a private entrepreneur acquired the sewage pumping station, leading to disputes over maintenance responsibilities.

Business

European Hotels Can Now Offer Lower Prices Than Booking.com

2024-11-14T15:50:18.542Z

The European Commission has announced that hotels can now offer better rates than Booking.com, ending the platform's price-matching policy and fostering competition in the travel sector.

Business

Cryptocurrency Market Surges Past $3.1 Trillion Following Trump's Victory

2024-11-14T15:00:44.974Z

The cryptocurrency market cap has exceeded $3.1 trillion, buoyed by Bitcoin's rise and Donald Trump's election victory, with predictions of reaching $10 trillion by 2026.

2024/11/13

Business

China's $40 Billion Dollar Bond Offering in Saudi Arabia Signals Strong Demand

2024-11-13T20:29:14.678Z

China's recent dollar bond offering in Saudi Arabia attracted over $40 billion in orders, reflecting strong investor interest and enhancing economic ties between China and Saudi Arabia.

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

Roborock and Ecovacs Unveil Major Discounts Ahead of Black Friday 2024

2024-11-13T18:29:08.672Z

Roborock and Ecovacs are offering significant discounts on their robot vacuum models ahead of Black Friday 2024, with savings of up to 600 euros on select products.

Business

Former Louboutin Employee Indicted for Embezzling €1.5 Million in Luxury Goods

2024-11-13T18:09:08.385Z

A former employee of Christian Louboutin has been indicted for stealing nearly 1.5 million euros worth of luxury products, raising concerns about security in the fashion industry.

Business

Elon Musk Appointed to Lead Government Efficiency Ministry in Trump Administration

2024-11-13T17:50:01.574Z

Elon Musk has been appointed to lead the Ministry of Government Efficiency in the Trump administration, reflecting his significant influence on U.S. politics and the financial markets.

Business

The Guardian Exits X, Labels Platform 'Toxic' Amid Musk's Controversy

2024-11-13T17:49:57.529Z

The Guardian has announced it will stop publishing on X, calling it a 'toxic media platform' due to the spread of disturbing content. Elon Musk responded critically to the decision, highlighting ongoing tensions between media and social platforms.

Business

Bitcoin Retreats from Historic High Amid US Inflation Concerns

2024-11-13T16:29:15.667Z

Bitcoin's price peaked at nearly $90,000 following Trump's election win but has since retreated amid inflation concerns.

Business

Bitcoin Surpasses $90,000 as Trump Administration Promises Favorable Policies

2024-11-13T15:40:08.627Z

Bitcoin has crossed the $90,000 mark for the first time, driven by expectations of favorable policies under the incoming Trump administration.

Business

Sudan Introduces New Currency Denominations Amid Economic Crisis

2024-11-13T14:30:12.367Z

The Central Bank of Sudan has announced new currency denominations to combat economic instability and rampant inflation, amidst political controversy and security challenges.

Business

Best Smartphone Deals for Black Friday 2024: Up to 55% Off

2024-11-13T13:59:58.591Z

Discover the best smartphone deals ahead of Black Friday 2024, with discounts up to 55% on top brands like Apple, Samsung, Google, and Xiaomi.

Business

The Guardian Exits X Amid Concerns Over Toxic Content

2024-11-13T13:29:34.105Z

The Guardian has announced its exit from the social media platform X, citing concerns over toxic content and the influence of its owner, Elon Musk, particularly regarding political discourse.

Business

Bitcoin Price Soars Post-Trump Election: Could It Reach $1 Million?

2024-11-13T13:00:43.163Z

Following Donald Trump's re-election, Bitcoin prices have surged, with analysts predicting a potential rise to $1 million. This trend is impacting global markets, particularly in South Korea, where investors are shifting focus from traditional stocks to cryptocurrencies.

Business

Casino Group Reaches Agreement with Staff, Easing Management Pressure

2024-11-13T11:39:12.687Z

Casino management has reached an agreement with staff representatives, leading to the withdrawal of an appeal against the company's accelerated safeguard plan.

Business

Trump's Tariff Threats: Implications for UK Trade Relations

2024-11-13T10:30:11.882Z

Concerns are rising over a potential new trade war under President-elect Trump, which could significantly impact the UK economy and its trade relations with the US.

Business

New Airline Launches in Germany Amid Rising Violence at Haiti Airport

2024-11-13T09:09:35.261Z

Flydba, a new German airline, will operate flights from Stuttgart to Münster/Osnabrück starting January 2024, targeting business travelers. Meanwhile, violence at Port-au-Prince International Airport has led to the suspension of flights by JetBlue and Spirit Airlines.

Business

New Cryptocurrency Supporting Israel Launched Amid Pro-Palestinian Movement

2024-11-13T09:00:40.502Z

The launch of Go Israel, a new cryptocurrency supporting Israel, follows the success of the pro-Palestinian Jaffa coin, highlighting the polarized landscape of digital currencies.

Business

Volkswagen ID.7 and Maxus Electric Models Launch in Israel

2024-11-13T08:19:10.061Z

Volkswagen ID.7 and Maxus electric models are set to launch in Israel, expanding options in the growing electric vehicle market.

Business

Cambrai Restaurant Owner Threatens to Expose Customers Who Dined and Dashed

2024-11-13T07:10:27.045Z

Béatrice Laurent, owner of Brasserie Boulonnaise in Cambrai, threatens to publish the faces of customers who left without paying a 150-euro bill, highlighting the emotional toll on restaurant owners.

Business

Americans Seek Escape and Businesses Brace for Trump's Tariff Threats

2024-11-13T04:29:36.224Z

Following Donald Trump's re-election, many Americans are seeking escape options, including a four-year cruise, while businesses are racing to lobby against proposed tariffs.