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.
Egypt Negotiates Long-Term LNG Deals Amid Domestic Gas Decline
Egypt is negotiating long-term LNG contracts with foreign companies to address declining domestic gas production and rising energy demands.
Germany's Economic Crisis: Calls to Revive Nord Stream Pipeline
Sahra Wagenknecht proposes reviving the Nord Stream pipeline to address Germany's economic crisis, but political and technical challenges loom.
France Seizes 45 Tonnes of Cocaine and 50 Tonnes of Tobacco in Major Drug Crackdowns
French authorities have reported a significant increase in drug seizures, with nearly 45 tonnes of cocaine confiscated in 2024, alongside 50 tonnes of tobacco seized in a separate operation.
Bitcoin Surges to All-Time High Near $98K Amid Trump Election Victory
Bitcoin has surged to an all-time high of nearly $98,000, driven by optimism surrounding Donald Trump's election victory and his newfound support for digital currencies.
Chinese Car Sales in Russia Surge Amid Market Changes
Chinese car sales in Russia have surged significantly in 2024, with nearly 800,000 new vehicles imported, reflecting a major shift in the automotive market following the exit of international brands.
ArcelorMittal's Reims and Denain Sites Face Closure Amid Strikes
Amazon Haul: A New Player in the Fast Fashion Arena
SNCF Prepares for Possible Strike as Unions Demand Action
Trump's Policies Could Drive Up Grocery Prices and Impact Global Economy
Egypt Negotiates Long-Term LNG Deals Amid Domestic Gas Decline
Germany's Economy Faces Contraction for Second Consecutive Year Amid Political Uncertainty
2024/11/14
Trump's Election Raises Inflation and Trade War Risks, Warns UK Official
Catherine Mann of the Bank of England warns that Donald Trump's election could lead to increased inflation and trade war risks, impacting the UK and European economies.
S&P Predicts No Economic Improvement for Israel Before 2026
Standard & Poor's forecasts that Israel's economy will not improve before 2026, citing ongoing military conflicts and a rising budget deficit.
Dollar Gains Momentum Following Trump's Election Victory
The US dollar has strengthened significantly following Donald Trump's election victory, while Bitcoin has reached new heights, driven by promises of favorable cryptocurrency regulations.
Concerns Rise Over Crit'Air 3 Ban and Press Freedom in France
The upcoming ban on Crit'Air 3 vehicles in Greater Paris raises concerns among local SMEs, while an Afghan journalist's exclusion from a ministerial visit highlights issues of discrimination and press freedom.
Turkey Aims to Become a Regional Gas Trading Hub by 2025
Turkey is advancing plans to establish a regional gas trading hub in Istanbul by 2025, collaborating with Russia to enhance its role in the global energy market.
EU Imposes $840 Million Fine on Meta for Anti-Competitive Practices
The European Union has fined Meta Platforms $840 million for linking Facebook Marketplace to its social network, violating competition rules.
European Hotels Can Now Offer Lower Prices Than Booking.com
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.
Saudi Sovereign Fund Raises $1 Billion from STC Stake Sale
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.
Cryptocurrency Market Surges Past $3.1 Trillion Following Trump's Victory
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.
High Food Prices Drive Voter Sentiment as Trump Prepares for Second Term
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.
Lipetsk Residents Face Toilet Crisis After Private Sewer System Purchase
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.
La Vanguardia and The Guardian Stop Publishing on X Over Misinformation Concerns
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.
Amazon Haul: A New Player in the Fast Fashion Arena
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.
Ben & Jerry's Sues Unilever Over Silencing Support for Palestinians
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.
BRICS Offers Turkey Partnership Amidst Strategic Balancing
BRICS has offered Turkey a partnership membership as it seeks to balance relations between East and West, while Turkey aims for full membership.
French Senate Proposes Unpaid Work Hours to Fund Social Security
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.
Iraqi Airways Struggles to Lift EU Ban Amid Modernization Efforts
Iraqi Airways continues to face a European Union ban that has been in place since 1991 due to safety concerns. Despite modernization efforts and government initiatives, the airline struggles to meet international standards, leading to significant financial losses.
Qatar Energy to Supply Morocco's OCP with Sulphur for 10 Years
QatarEnergy has signed a 10-year agreement to supply OCP Nutricrops with up to 7.5 million tonnes of sulphur, enhancing agricultural cooperation between Qatar and Morocco.
Bitcoin Surges Post-Trump Election: Could It Reach $1 Million?
The re-election of Donald Trump has sparked a significant surge in Bitcoin prices, with analysts predicting potential highs of $1 million. El Salvador celebrates substantial gains from its Bitcoin holdings, while the broader cryptocurrency market sees increased institutional investment.
How Trump's Return Fuels Tesla, Cryptocurrency, and Private Prisons
Donald Trump's return to the presidency has led to significant market reactions, boosting Tesla shares, cryptocurrencies, and private prison stocks.
Roborock and Ecovacs Offer Major Discounts on Robot Vacuums for Black Friday
Roborock and Ecovacs are offering significant discounts on their premium robot vacuums ahead of Black Friday, with savings up to 600 euros.