CATL to Launch 1,000 Battery Replacement Centers in China

The public rapporteur has recommended cancelling the A69 motorway project authorization, citing insufficient justification for its construction. The Toulouse administrative court will hear appeals on November 25.

Egypt is negotiating long-term LNG contracts with foreign companies to address declining domestic gas production and rising energy demands.

European stock markets closed lower on November 20, 2024, as investors remained cautious ahead of Nvidia's earnings report, with the CAC 40 down 0.43%.

Turkish President Recep Tayyip Erdogan has announced that minimum wage increases will outpace inflation through 2025, aiming to protect workers' purchasing power amid ongoing inflationary challenges.

Sahra Wagenknecht proposes reviving the Nord Stream pipeline to address Germany's economic crisis, but political and technical challenges loom.

Egypt's Central Bank has begun the sale of 30% of United Bank shares, marking the second privatization of a state-owned bank in four years, aiming to raise up to $104 million as part of broader economic reforms.

Ford Motor Company has announced plans to cut 4,000 jobs in Europe by 2027, primarily affecting its operations in Germany and the UK, as the company faces significant losses and challenges in the electric vehicle market.

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.

Oil prices surged due to escalating tensions between Russia and Ukraine, while the dollar strengthened, leading to a decline in gold prices.

Carrefour's CEO Alexandre Bompard announced the company's commitment to not sell meat from Mercosur countries if a free trade agreement is finalized, responding to concerns from French farmers about unfair competition and lower standards.

Morocco has become the leading country in Africa's automobile industry, exporting 700,000 cars annually and generating over $11.5 billion in revenue. The nation is also advancing in electric vehicle production.

The healthcare services market in the MENA region is projected to grow significantly, with varying spending levels among Arab countries. Key insights reveal substantial investments in healthcare infrastructure, particularly in wealthier nations, while challenges persist in access and quality in others.

The Iranian civil aviation sector is facing a crisis due to Western sanctions, impacting safety and operational costs.

ZF Friedrichshafen will maintain its Christmas bonus for employees in 2024 despite economic challenges, while France's Christmas bonus will support low-income households.