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

USMCA Panel Rules Against Mexico in GM Corn Dispute

2024-12-21T01:28:03.648Z

A USMCA panel ruled in favor of the United States in a dispute over Mexico's ban on genetically modified corn, requiring Mexico to reverse its restrictions within 45 days.

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

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

Putin Proposes Expansion of Family Mortgage Program to Boost Housing Access

2024-12-21T04:38:05.820Z

President Vladimir Putin has proposed expanding the family mortgage program in Russia to allow purchases on the secondary market, aiming to improve housing access for families with children.

Business

Economic Pressures: Soaring Prices from Exchange Rates and Raw Materials

2024-12-20T23:18:10.717Z

The won/dollar exchange rate's rise to 1,450 won and historic cocoa prices over $12,900 per tonne are driving significant increases in domestic prices and posing economic challenges.

2024/12/19

Business

Renault Signs Agreement to Increase Productivity for Executives

2024-12-19T18:08:30.153Z

Renault has signed a new agreement with two unions to increase productivity by eliminating annual leave and restricting teleworking for executives, while enhancing health coverage and retirement options.

Business

CATL to Launch 1,000 Battery Replacement Centers in China

2024-12-19T17:29:08.798Z

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

Syria-Jordan Trade Resumes After Border Closure Amid Security Concerns

2024-12-19T15:18:27.582Z

Trade between Syria and Jordan has resumed after a two-week closure of the Jaber border crossing, with nearly 500 trucks crossing into Syria and new opportunities for Syrian exports.

Business

Municipal Budgets for 2025: San Isidro Prioritizes Security, Nice Faces Debt Challenges

2024-12-19T13:28:34.893Z

San Isidro's 2025 budget emphasizes a significant investment in security and public works, while Nice's budget faces scrutiny over high debt levels and opposition criticism.

Business

Gold Rises as Dollar Falls and Oil Prices Stabilize

2024-12-19T13:08:05.249Z

Gold prices have rebounded following a decline due to the Federal Reserve's signals of a slower pace of interest rate cuts, while the dollar has weakened slightly. Oil prices remain stable amid these market shifts.

Business

Dollar Nears Two-Year High Amid Global Currency Fluctuations

2024-12-19T11:08:58.735Z

The US dollar is nearing a two-year high following the Federal Reserve's signals of slower interest rate cuts, while Argentina faces rising alternative dollar rates amid economic challenges.

Business

South Korea's Won Hits 15-Year Low Amid Political Turmoil

2024-12-19T11:08:37.760Z

The South Korean won has fallen to its lowest level in 15 years, opening at 1,453 won to the dollar, amid political instability and recent US interest rate cuts.

Business

Top Corn Producing and Exporting Countries: A Global Overview

2024-12-19T06:58:01.412Z

An overview of the largest corn producing and exporting countries, highlighting the role of corn in global food security and the dynamics of the corn market.

Business

Russia Extends Maternity Capital Program Until 2030 to Support Families

2024-12-19T06:17:48.791Z

The Russian government has decided to extend the maternity capital program until 2030, aiming to support nearly 5 million additional families. This initiative, announced by Prime Minister Mikhail Mishustin, reflects the program's proven effectiveness in enhancing financial stability for families with children.