World Daily News

CATL to Launch 1,000 Battery Replacement Centers in China

CATL, the world's largest electric vehicle battery maker, plans to open 1,000 battery replacement centers in China next year to enhance EV charging convenience.

Business

Boulanger Offers Xiaomi Redmi 12 Smartphone Pack Amid Fines for Price Fixing

2024-12-20T06:58:13.253Z

Boulanger is offering a discounted Xiaomi Redmi 12 smartphone pack for the holidays, while facing fines for price fixing in the household appliance sector.

Business

Trump Threatens EU with Tariffs Unless They Buy More US Gas and Oil

2024-12-20T17:18:19.768Z

President-elect Donald Trump has warned the European Union that it must significantly increase its purchases of American gas and oil or face substantial tariffs on its products. This ultimatum comes as the EU prepares for potential trade escalations and seeks to deepen energy ties with the U.S.

Business

Orange Partners with Disney for New Content Distribution Deal

2024-12-20T16:27:57.931Z

Orange has secured a distribution agreement with Disney, allowing it to offer Disney content and channels, previously available through Canal +, to its subscribers.

Business

France's Public Debt Reaches 3,303 Billion Euros Amid Economic Uncertainty

2024-12-20T15:08:51.620Z

France's public debt has surged to 3,303 billion euros, reaching 113.7% of GDP, amid ongoing economic challenges and political instability.

Business

Former Minister Christophe Castaner Joins Shein as CSR Advisor

2024-12-20T18:18:08.173Z

Former French Minister Christophe Castaner has been appointed as an advisor to Shein, focusing on corporate social responsibility initiatives as the fast fashion giant seeks to improve its sustainability practices amidst increasing scrutiny.

Business

Central Bank of Russia Holds Key Rate at 21% Amid Inflation Concerns

2024-12-20T17:08:19.106Z

The Central Bank of Russia has decided to maintain the key interest rate at 21% per annum despite rising inflation, as it assesses the impact of previous monetary policy adjustments.

2024/11/19

Business

Argentina Advances Trade Agreements and Taxation Initiatives at G20 Summit

2024-11-19T23:20:34.831Z

Argentina made significant progress at the G20 summit, securing trade agreements with Brazil and advocating for effective taxation of the ultra-rich.

Business

Central Bank of Russia Plans Key Rate Reduction by 2025 Amid Inflation Control

2024-11-19T21:10:41.809Z

The Central Bank of Russia is considering a reduction in the key interest rate starting in 2025, depending on inflation trends. Chairperson Elvira Nabiullina highlighted the importance of stabilizing prices to support economic growth.

Business

Gulf Sovereign Wealth Funds Shift Strategies Amid Global Changes

2024-11-19T20:10:37.211Z

Sovereign wealth funds in the Arabian Gulf are undergoing significant leadership and strategic changes, reflecting their growing influence in global markets and a shift towards diversification and geopolitical awareness.

Business

Ouest-France Ceases Publications on X, Citing Elon Musk's Management

2024-11-19T18:41:23.826Z

Ouest-France, France's largest regional daily, has announced it will stop publishing on the social media platform X, citing concerns over disinformation and the platform's management under Elon Musk.

Business

Black Friday 2024: Major Discounts on Vacuum Cleaners at Conforama and Dreame

2024-11-19T18:30:39.992Z

Major retailers Conforama and Dreame are offering significant discounts on vacuum cleaners ahead of Black Friday 2024, with prices slashed on popular models.

Business

IMF Warns of Economic Risks from Trump's Proposed Tariffs

2024-11-19T17:50:55.458Z

The IMF warns that proposed tariffs by President-elect Trump could disrupt Asia's economic growth and global trade, with potential inflationary impacts in the US.

Business

Black Friday 2024: Best Deals and Shopping Strategies

2024-11-19T17:31:27.213Z

Black Friday 2024 offers significant discounts across various categories, with top retailers providing unbeatable deals. Shoppers can maximize savings by exploring online platforms and following strategic shopping tips.

Business

Cash vs. Cards: The Psychological and Financial Impact of Payment Methods

2024-11-19T17:31:07.173Z

A study by the University of Surrey reveals that cash payments foster psychological ownership and mindful spending, contrasting with the invisibility of digital transactions.

Business

SNCF Strike Disrupts Regional Rail Traffic in Île-de-France

2024-11-19T16:31:10.650Z

A nationwide strike by SNCF railway workers is set to disrupt local rail traffic in Île-de-France on November 21, while TGV services remain largely unaffected.

Business

Ghana Bans Pension Funds from Overseas Investments Amid Currency Decline

2024-11-19T16:10:42.474Z

Ghana has prohibited private pension funds from investing abroad due to concerns over the declining cedi currency, which has fallen significantly against the dollar in recent years.

Business

Massive Discounts on Robot Vacuums: Ecovacs and Dreame Lead the Way

2024-11-19T16:01:51.278Z

Major discounts on popular robot vacuum cleaners from Ecovacs and Dreame ahead of Black Friday.

Business

British Farmers Protest in London Against Controversial Inheritance Tax

2024-11-19T15:11:01.893Z

Over 20,000 British farmers protested in London against a new inheritance tax that they claim threatens their livelihoods, demanding the government reconsider its policy.

Business

Russia's Uranium Export Restrictions: Implications for U.S. Energy Security

2024-11-19T14:51:45.903Z

Russia has imposed temporary restrictions on enriched uranium exports to the U.S. in response to American sanctions, raising concerns about the implications for U.S. nuclear energy security and market stability.

Business

France to Debate and Vote on EU-Mercosur Agreement Amid Farmers' Protests

2024-11-19T13:31:09.641Z

France is set to hold a parliamentary debate and vote on the EU-Mercosur free trade agreement, responding to significant protests from farmers concerned about unfair competition.

Business

Oil Prices Fall as Norway Resumes Production Amid Geopolitical Tensions

2024-11-19T12:30:32.682Z

Oil prices fell as Norway's Johan Sverdrup oilfield resumed production after a power outage, while geopolitical tensions related to the Russia-Ukraine war continue to influence market dynamics.

Business

Huawei Black Days and Fnac Black Friday: Unmissable Deals for Tech Lovers

2024-11-19T12:01:32.315Z

Major retailers Huawei and Fnac are offering significant discounts during their Black Days and Black Friday events, making premium technology more accessible to consumers.

Business

Israel's 2024 Budget Deficit Expected to Exceed Estimates Amid Ongoing Conflicts

2024-11-19T10:40:39.847Z

The Israeli Ministry of Finance forecasts a higher-than-expected budget deficit for 2024, driven by increased defense spending due to ongoing conflicts in Gaza and Lebanon. The government is considering new taxes to address the fiscal shortfall while grappling with an educational crisis affecting long-term economic growth.

Business

Safe Haven Assets Rebound Following Russia's Nuclear Doctrine Update

2024-11-19T10:40:27.841Z

Safe-haven assets surged as investors reacted to Russia's updated nuclear doctrine, with gold prices hitting $2,626 and the yen strengthening against the dollar.

Business

G20 Leaders Support Global Tax on Billionaires to Combat Inequality

2024-11-19T09:00:26.822Z

During the G20 summit in Rio de Janeiro, leaders supported a global tax on billionaires to address wealth inequality and fund essential projects, with Brazilian President Lula da Silva advocating for a 2% annual tax on billionaire assets.

Business

Gold Prices Surge to One-Week High Amid Dollar Decline and Fed Speculation

2024-11-19T08:01:22.414Z

Gold prices climbed to a one-week high of $2,623.54 per ounce, supported by a weaker US dollar and anticipation of Federal Reserve comments on interest rates, with Goldman Sachs predicting further increases in gold value by 2025.