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

Interest Rate for Home Savings Plans Drops to 1.75% in 2025

2024-12-18T13:28:02.354Z

The interest rate for home savings plans (PEL) will decrease to 1.75% starting January 1, 2025, marking the first reduction in over eight years.

Business

Syria's Central Bank Sets Lira at 15,000 to Dollar, Resumes ATM Services

2024-12-18T12:47:45.497Z

The Central Bank of Syria has set the exchange rate of the lira at 15,000 to the dollar and resumed ATM operations, introducing electronic payment services to enhance banking stability.

Business

Flamanville EPR Reactor to Connect to Grid on December 20, 2024

2024-12-18T12:17:28.006Z

The Flamanville EPR reactor in France is set to connect to the electricity grid on December 20, 2024, marking a significant milestone in the country's nuclear energy revival.

Business

Tunisia's Olive Oil Crisis: Economic Challenges and Reform Opportunities

2024-12-18T14:07:25.529Z

Tunisia faces a severe crisis in its olive oil sector, with prices plummeting and farmers protesting due to lack of demand and liquidity. The crisis stems from aggressive anti-corruption measures and international competition, highlighting the need for comprehensive reforms.

Business

AI-Powered Radar to Detect Drunk Drivers Tested in UK

2024-12-18T13:27:41.802Z

AI technology is being tested in the UK to detect impaired drivers, enhancing road safety during the holiday season.

2024/12/7

Business

Data Theft Scandal Involving Paris Law Firm Intern and Journalist

2024-12-07T22:15:33.768Z

A former intern at a Paris law firm has been indicted for data theft, while journalist Philippe Miller was briefly detained but released without charges.

Business

Qatar Projects LNG Demand Surge Amid Global Energy Shifts

2024-12-07T17:15:37.341Z

Qatar's Minister of Energy Affairs, Saad bin Sherida Al-Kaabi, forecasts a rise in liquefied natural gas demand as winter approaches, driven by European reliance on reserves and technological advancements. Qatar aims to increase its LNG production while adhering to environmental standards.

Business

German Industrial Production Declines Amid Economic Uncertainty

2024-12-07T16:05:27.117Z

Germany's industrial production fell by 1% in October, reflecting ongoing economic challenges, including layoffs and potential US tariffs, with predictions of further contraction in 2024.

Business

Turkey's Per Capita Income Expected to Exceed $15,000 by Year-End

2024-12-07T14:14:58.463Z

Turkey's Treasury Minister Mehmet Simsek projects the country's per capita GDP to exceed $15,000 by the end of 2024, highlighting significant economic improvements and a commitment to sustainable growth.

Business

Decathlon Employees Strike Against Billion-Euro Dividend Payments

2024-12-07T11:45:31.944Z

Decathlon employees are set to strike on December 7, 2024, protesting a billion-euro dividend payment to shareholders, demanding better compensation for workers.

Business

Norway's Sovereign Wealth Fund Reaches Record $1.8 Trillion Value

2024-12-07T11:15:00.390Z

Norway's sovereign wealth fund has achieved a record value of $1.8 trillion, doubling in size over five years due to oil and gas revenues and stock market gains. Established in 1996, the fund now holds 1.5% of all listed stocks worldwide, significantly impacting the global financial landscape.

Business

Crédit Agricole Increases Stake in Banco BPM Amid UniCredit Bid

2024-12-07T10:45:31.888Z

Crédit Agricole has raised its stake in Banco BPM to 15.1% amidst a hostile takeover bid by UniCredit, which Banco BPM has rejected.

Business

BRICS Nations Not Seeking to Weaken Dollar, Says India's FM

2024-12-07T10:24:59.794Z

Indian Foreign Minister Subrahmanyam Jaishankar stated at the Doha Forum that BRICS countries do not intend to weaken the US dollar, countering recent US political pressures. Reserve Bank of India Governor Shaktikanta Das confirmed no plans for a single BRICS currency, emphasizing India's strategy to promote the rupee in international trade.

Business

China's Electric Car Manufacturers Target European Market Amid Challenges

2024-12-07T09:15:48.313Z

Chinese electric vehicle manufacturers are intensifying their efforts to penetrate the European market, facing challenges such as high tariffs and regulatory hurdles while adopting diverse strategies to establish a foothold.

Business

EU-Mercosur Trade Agreement Finalized Amid Controversy Over Agricultural Impact

2024-12-07T06:34:48.824Z

Ursula von der Leyen finalizes a historic EU-Mercosur trade agreement, facing backlash from France and other EU states over agricultural concerns, while also cancelling her attendance at Notre-Dame's reopening.

Business

Suspect in UnitedHealthcare CEO's Murder Believed to Have Fled New York

2024-12-07T03:04:42.891Z

Police are searching for the suspect in the murder of UnitedHealthcare CEO Brian Thompson, who was shot outside a Manhattan hotel. Investigators believe the shooter fled New York shortly after the crime, using a Greyhound bus.