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

Concerns Rise Over Crit'Air 3 Ban and Press Freedom in France

2024-11-14T19:49:32.924Z

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.

Business

Turkey Aims to Become a Regional Gas Trading Hub by 2025

2024-11-14T18:40:16.674Z

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.

Business

S&P Predicts No Economic Improvement for Israel Before 2026

2024-11-14T20:19:41.427Z

Standard & Poor's forecasts that Israel's economy will not improve before 2026, citing ongoing military conflicts and a rising budget deficit.

Business

Trump's Election Raises Inflation and Trade War Risks, Warns UK Official

2024-11-14T20:50:05.879Z

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.

Business

Dollar Gains Momentum Following Trump's Election Victory

2024-11-14T19:59:29.080Z

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.

Business

EU Imposes $840 Million Fine on Meta for Anti-Competitive Practices

2024-11-14T18:19:48.200Z

The European Union has fined Meta Platforms $840 million for linking Facebook Marketplace to its social network, violating competition rules.

2024/11/14

Business

Trump's Election Raises Inflation and Trade War Risks, Warns UK Official

2024-11-14T20:50:05.879Z

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.

Business

S&P Predicts No Economic Improvement for Israel Before 2026

2024-11-14T20:19:41.427Z

Standard & Poor's forecasts that Israel's economy will not improve before 2026, citing ongoing military conflicts and a rising budget deficit.

Business

Dollar Gains Momentum Following Trump's Election Victory

2024-11-14T19:59:29.080Z

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.

Business

Concerns Rise Over Crit'Air 3 Ban and Press Freedom in France

2024-11-14T19:49:32.924Z

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.

Business

Turkey Aims to Become a Regional Gas Trading Hub by 2025

2024-11-14T18:40:16.674Z

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.

Business

EU Imposes $840 Million Fine on Meta for Anti-Competitive Practices

2024-11-14T18:19:48.200Z

The European Union has fined Meta Platforms $840 million for linking Facebook Marketplace to its social network, violating competition rules.

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

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

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.

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

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

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

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.

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

Iraqi Airways Struggles to Lift EU Ban Amid Modernization Efforts

2024-11-14T10:09:43.514Z

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.

Business

Qatar Energy to Supply Morocco's OCP with Sulphur for 10 Years

2024-11-14T08:49:50.390Z

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.

Business

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

2024-11-14T06:49:37.093Z

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.

Business

How Trump's Return Fuels Tesla, Cryptocurrency, and Private Prisons

2024-11-14T06:39:49.658Z

Donald Trump's return to the presidency has led to significant market reactions, boosting Tesla shares, cryptocurrencies, and private prison stocks.

Business

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

2024-11-14T05:10:08.776Z

Roborock and Ecovacs are offering significant discounts on their premium robot vacuums ahead of Black Friday, with savings up to 600 euros.