World Daily News

The Economic Effects of Syrian Refugees Returning to Türkiye

The return of Syrian refugees to Türkiye following the fall of Bashar al-Assad's regime presents both opportunities and challenges for the Turkish economy, particularly in labor markets and investment sectors.

Business

Saudi Arabia Innovates Lithium Extraction from Oil Wells

2024-12-17T17:57:36.086Z

Saudi Arabia has successfully extracted lithium from oil well brine, aiming to launch a commercial pilot program to support the electric vehicle industry.

Business

UniCredit Boosts Stake in Commerzbank to 28% Amid Takeover Speculations

2024-12-18T10:07:47.198Z

UniCredit has increased its stake in Commerzbank to 28%, raising speculation about a potential takeover as the Italian bank aims for a 29.9% ownership.

Business

Terrorism Charges Filed Against Suspect in UnitedHealthcare CEO Murder

2024-12-18T09:47:51.901Z

Luigi Mangione has been indicted for the murder of UnitedHealthcare CEO Brian Thompson, with charges including terrorism due to the act's intent to intimidate and influence public policy.

Business

Renault Stock Rises as Honda Explores Merger with Nissan

2024-12-18T09:27:38.670Z

Renault's stock jumped over 6% following Honda's announcement of merger talks with Nissan, while Nissan shares were suspended on the Tokyo Stock Exchange amid the rumors.

Business

Ukraine's Strategy for Gas Transit After Russian Contract Expires

2024-12-18T10:37:39.184Z

As Ukraine prepares for the expiration of its gas transit contract with Russia, it is exploring alternative gas supplies, particularly from Azerbaijan, while emphasizing its commitment to EU energy security.

Business

PEL Interest Rate Drops to 1.75% for 2025 Accounts

2024-12-18T09:48:53.567Z

The interest rate for Housing Savings Plans (PEL) opened in 2025 will decrease to 1.75%, significantly impacting savings strategies for potential homeowners.

2024/11/17

Business

Former Dior and Louboutin Employee Arrested for €1.5M Theft

2024-11-17T18:50:34.196Z

A former employee of Christian Louboutin and Dior has been arrested for stealing over €1.5 million worth of luxury goods and reselling them in the U.S.

Business

China's Chancay Port: A Gateway to Latin America and Economic Growth

2024-11-17T18:50:25.985Z

The opening of Chancay Port in Peru marks a significant step in China's Belt and Road Initiative, enhancing trade links between China and Latin America, while fostering economic growth and cultural integration.

Business

Pakistan and Bangladesh Reestablish Direct Maritime Trade After 53 Years

2024-11-17T18:10:05.306Z

A Pakistani cargo ship has docked at Chittagong Port in Bangladesh, marking the first direct sea trade between the two countries since 1971.

Business

TikTok Launches AI Marketing Tool with Getty Images Partnership

2024-11-17T16:00:03.938Z

TikTok has launched Symphony Creative Studio, an AI tool for marketers, in partnership with Getty Images, allowing the creation of marketing clips using licensed media.

Business

Trump's Tax Policies Expected to Drive Up Prices of Key Tech Products

2024-11-17T15:10:23.942Z

Former President Trump's proposed tax increases on imported goods from China are expected to significantly raise prices on various technology products, including laptops, gaming consoles, smartphones, and electric vehicle batteries.

Business

Trump's Economic Policies: A Shift in the Global Economic Landscape

2024-11-17T15:10:19.855Z

The Trump administration's new economic policies aim to reshape the global economy through liberalization and strict trade measures, impacting regions like Mexico, China, and Europe.

Business

Türkiye Attracts $10.5 Billion in International Investments Amid Global Challenges

2024-11-17T15:10:15.876Z

Türkiye has attracted $10.5 billion in international investments in 2024, bolstered by strategic reforms and a favorable investment climate.

Business

Elon Musk's Plan to Slash $2 Trillion from U.S. Federal Budget

2024-11-17T15:10:07.791Z

Elon Musk has been appointed by President-elect Donald Trump to lead an initiative aimed at cutting $2 trillion from the U.S. federal budget, raising concerns about the feasibility and impact on federal employees and essential services.

Business

Pakistan's Finance Minister Confirms No New Taxes Amid IMF Negotiations

2024-11-17T15:00:24.342Z

Pakistan's Finance Minister Muhammad Aurangzeb announced no new taxes for the current fiscal year as the government aims to meet a Rs13 trillion revenue target, amidst ongoing negotiations with the IMF for economic reforms.

Business

Iran's Energy Crisis: Sanctions and Mismanagement Fuel Power Outages

2024-11-17T11:00:21.187Z

Iran is facing a severe energy crisis characterized by power outages and fuel shortages, exacerbated by US sanctions and years of mismanagement. The government is struggling with financial deficits while trying to manage energy subsidies and rising household demand.

Business

SNCF Prepares for Possible Strike as Unions Demand Action

2024-11-17T10:20:44.354Z

SNCF faces a potential strike starting December 11, as unions demand a moratorium on the dismantling of Fret SNCF, raising concerns about travel disruptions during the Christmas holidays.

Business

Trump's Energy Secretary Appointment Signals Shift to Fossil Fuels

2024-11-17T08:10:42.774Z

Donald Trump has appointed Chris Wright, a fracking advocate and CEO of Liberty Energy, as his new Secretary of Energy, signaling a potential shift away from climate-friendly policies in favor of fossil fuel expansion.

Business

Choosing Between Buying and Renting a House: Key Factors to Consider

2024-11-17T05:19:57.579Z

The decision to buy or rent a home is influenced by various financial, social, and personal factors, especially in the context of rising housing costs globally.

Business

Rising Fraud Risks in Fur Coat Purchases: Expert Insights

2024-11-17T02:09:55.820Z

Experts warn consumers about the increasing risks of fraud when purchasing fur coats from unofficial sources, emphasizing the importance of proper inspections and formal contracts.

Business

Trump Appoints Chris Wright as New Energy Secretary, Advocating Fossil Fuels

2024-11-17T01:30:07.310Z

Donald Trump has nominated Chris Wright, CEO of Liberty Energy, as the new Secretary of the Department of Energy, emphasizing a pro-fossil fuel agenda.