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

Turkey's Crucial Role in Rebuilding Syria's Economy After Assad

2024-12-25T07:19:26.644Z

Turkey is emerging as a key player in the reconstruction of Syria's economy following the fall of the Assad regime, leveraging historical ties and expertise in vital sectors.

Business

Turkey to Send Energy Delegation to Syria Amid Ongoing Crises

2024-12-24T19:49:32.034Z

A Turkish delegation will visit Syria to address the country's electricity and energy infrastructure challenges, while also considering support for Lebanon's energy needs.

Business

Türkiye to Raise Minimum Wage to $630 in 2025 Amid Economic Challenges

2024-12-25T11:19:53.302Z

Turkish President Recep Tayyip Erdogan announced a 30% increase in the minimum wage to $630 in 2025, impacting 9 million workers and raising concerns about inflation.

Business

IMF Approves $1.2 Billion Disbursement to Egypt Amid Economic Reforms

2024-12-25T12:39:29.623Z

The IMF has agreed to disburse $1.2 billion to Egypt as part of an $8 billion loan, contingent on ongoing economic reforms and approval from the Fund's Executive Board.

Business

2024 Economic Highlights: BRICS Expansion and Global Debt Surge

2024-12-25T09:39:15.402Z

In 2024, the global economy saw stable GDP growth, significant public debt increases, and notable shifts in economic power, particularly with Russia's rise and the expansion of BRICS.

Business

BRICS Expands Influence as a Key Platform for Global Cooperation

2024-12-24T19:49:09.895Z

The BRICS bloc is gaining prominence as a platform for international cooperation, with recent expansions and a commitment to enhancing ties among member states and new partners, according to Chinese officials.

2024/12/24

Business

Turkey to Send Energy Delegation to Syria Amid Ongoing Crises

2024-12-24T19:49:32.034Z

A Turkish delegation will visit Syria to address the country's electricity and energy infrastructure challenges, while also considering support for Lebanon's energy needs.

Business

BRICS Expands Influence as a Key Platform for Global Cooperation

2024-12-24T19:49:09.895Z

The BRICS bloc is gaining prominence as a platform for international cooperation, with recent expansions and a commitment to enhancing ties among member states and new partners, according to Chinese officials.

Business

Russia Bans Cryptocurrency Mining in Multiple Regions Until 2031

2024-12-24T18:29:04.143Z

The Russian government has imposed a ban on cryptocurrency mining in several regions, effective January 1, 2025, until March 15, 2031, to manage energy consumption during peak periods.

Business

Income Tax Rates in the Arab World: Highest and Lowest in 2024

2024-12-24T13:59:18.629Z

This article explores the individual income tax rates across Arab countries in 2024, highlighting the highest and lowest rates, and the implications of these tax structures.

Business

Putin Highlights Success of Preferential Mortgages in Improving Housing Conditions

2024-12-24T13:40:09.412Z

President Vladimir Putin announced improvements in housing conditions for families in Russia due to preferential mortgage programs, emphasizing the need for effective implementation and monitoring.

Business

Israeli Tech Sector Faces Stagnation Despite Investment Growth

2024-12-24T13:19:18.559Z

The Israeli technology sector is experiencing stagnation and a decline in foreign investment, despite an increase in overall startup funding, according to a report by the Rise Institute.

Business

Syrian Pound Gains Strength Against Dollar Amid Political Changes

2024-12-24T11:19:18.498Z

The Syrian pound has strengthened against the dollar and euro following the recent political changes in Syria, marking a significant economic shift.

Business

Russia Considers Mandatory 13th Salary Amid Economic Concerns

2024-12-24T10:19:15.594Z

The proposal for a mandatory 13th salary in Russia, put forth by Sergei Mironov, faces legal and economic challenges, raising questions about worker support and employer obligations.

Business

Olivier Sichel Takes Over as Interim CEO of Caisse des Dépôts Following Éric Lombard's Appointment as Minister of Economy

2024-12-24T09:19:09.469Z

Olivier Sichel has been appointed interim CEO of the Caisse des Dépôts after Éric Lombard became Minister of Economy in the Bayrou government.

Business

Trump's Economic Policies and Their Impact on the Federal Reserve in 2025

2024-12-24T08:19:10.186Z

As Donald Trump prepares for a potential second term, his economic policies raise concerns about inflation and the Federal Reserve's response. The interplay between tax cuts, tariffs, and interest rates could shape the US economy and global markets in 2025.

Business

Honda and Nissan Announce Merger Plans Amid Industry Challenges

2024-12-24T07:49:17.995Z

Honda and Nissan have announced plans to merge, aiming to create the world's third-largest car manufacturer. The move is seen as a response to challenges in the automotive industry, particularly the shift towards electric vehicles, but has drawn criticism from former Nissan chairman Carlos Ghosn.

Business

Honda and Nissan Merge to Create Third Largest Automaker Amid Industry Challenges

2024-12-24T07:29:43.356Z

Honda and Nissan have announced a merger to form the world's third-largest car manufacturer, aiming to enhance competitiveness in the electric vehicle market amid challenges faced by both companies.