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

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.

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

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.

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.

2024/12/20

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.

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

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.

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

Jordan to Raise Minimum Wage Amid Economic Pressures

2024-12-20T12:58:12.460Z

Jordan plans to raise the minimum wage from 260 to 290 dinars starting January 1, 2025, in response to rising living costs and inflation, aiming to improve workers' living conditions while balancing employer concerns.

Business

Putin Highlights Economic Growth and Demographic Challenges in Russia

2024-12-20T11:08:11.489Z

President Vladimir Putin reported a resilient Russian economy with projected GDP growth of 3.9-4% in 2024, while addressing challenges such as high inflation and declining birth rates. The government is implementing measures to support families and improve housing access.

Business

Egypt Leads as Cheapest Bottled Water Market in Arab World

2024-12-20T10:18:02.824Z

Egypt has the cheapest bottled water globally, with significant growth in the bottled water market driven by health awareness and 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

IMF Negotiates New Financial Program with Argentina Under Milei's Leadership

2024-12-20T05:27:51.188Z

The IMF is negotiating a new financial program with Argentina's government led by Javier Milei, aiming to address the country's significant debt and stabilize its economy.

Business

France Opposes EU-Mercosur Trade Agreement Amid Economic Concerns

2024-12-20T02:27:49.807Z

France's strong opposition to the EU-Mercosur trade agreement raises concerns about its impact on local agriculture, despite potential economic benefits for the EU.