World Daily News

Russian Ruble Hits New Lows as Dollar Exchange Rate Surges

The Central Bank of Russia has reported a significant drop in the ruble's value against the dollar and euro, reaching levels not seen since early 2022. Analysts attribute this decline to various external pressures, including US sanctions and global market trends, while also noting the potential benefits for exporters. Predictions suggest fluctuations in exchange rates may continue, with possible government interventions to stabilize the currency.

Business

Decathlon Defends Billion-Euro Dividends Amid Auchan Job Cuts Controversy

2024-12-04T20:34:25.126Z

Decathlon's chairman defends a billion-euro dividend payout to the Mulliez family, amidst criticism from unions over job cuts at Auchan, another company in the Mulliez galaxy.

Business

South Korea's Stock Market Declines as Martial Law is Lifted

2024-12-04T09:34:22.066Z

South Korea's stock market fell following the declaration and subsequent lifting of martial law, prompting government assurances of financial support to stabilize the economy.

Business

South Korea's Political Unrest: Impacts on Economy and Markets

2024-12-04T18:34:10.304Z

South Korea faces significant political turmoil after President Yoon Suk-yeol declared martial law, leading to protests and economic instability.

Business

Trump Appoints Paul Atkins as SEC Chair, Signaling Shift in Crypto Regulation

2024-12-04T22:24:27.334Z

President-elect Donald Trump has nominated Paul Atkins to lead the SEC, indicating a shift towards a more lenient regulatory approach for cryptocurrencies.

Business

UnitedHealthcare CEO Brian Thompson Fatally Shot in Manhattan Ambush

2024-12-04T17:54:31.306Z

Brian Thompson, CEO of UnitedHealthcare, was fatally shot in Manhattan as he arrived for a conference. The attack is being treated as a premeditated ambush.

Business

Putin Declares Western Sanctions Have Failed as Russian Economy Thrives

2024-12-05T00:44:43.338Z

Russian President Vladimir Putin announced at the VTB investment forum that Western sanctions aimed at crippling Russia's economy have failed, citing significant GDP growth and low unemployment rates. He acknowledged ongoing inflation challenges and discussed the potential for a new digital investment platform among BRICS nations.

2024/12/4

Business

Trump Appoints Paul Atkins as SEC Chair, Signaling Shift in Crypto Regulation

2024-12-04T22:24:27.334Z

President-elect Donald Trump has nominated Paul Atkins to lead the SEC, indicating a shift towards a more lenient regulatory approach for cryptocurrencies.

Business

Decathlon Defends Billion-Euro Dividends Amid Auchan Job Cuts Controversy

2024-12-04T20:34:25.126Z

Decathlon's chairman defends a billion-euro dividend payout to the Mulliez family, amidst criticism from unions over job cuts at Auchan, another company in the Mulliez galaxy.

Business

South Korea's Political Unrest: Impacts on Economy and Markets

2024-12-04T18:34:10.304Z

South Korea faces significant political turmoil after President Yoon Suk-yeol declared martial law, leading to protests and economic instability.

Business

UnitedHealthcare CEO Brian Thompson Fatally Shot in Manhattan Ambush

2024-12-04T17:54:31.306Z

Brian Thompson, CEO of UnitedHealthcare, was fatally shot in Manhattan as he arrived for a conference. The attack is being treated as a premeditated ambush.

Business

The Guardian Strikes for First Time in 50 Years Over Observer Sale

2024-12-04T16:44:44.022Z

The Guardian and its Sunday edition, The Observer, are on strike for the first time in 50 years, protesting the sale of the newspaper to Tortoise Media. The action reflects deep concerns among journalists about the future of the publication.

Business

Islamic Finance Assets Expected to Reach $10 Trillion by 2026

2024-12-04T16:04:52.378Z

The 7th International Conference on Islamic Finance in Doha aims to increase Islamic finance assets from $4 trillion to $10 trillion, addressing global challenges and promoting sustainable financial solutions.

Business

UnitedHealthcare CEO Brian Thompson Shot Dead in New York City

2024-12-04T15:44:43.330Z

Brian Thompson, CEO of UnitedHealthcare, was shot and killed in a targeted attack outside a Manhattan hotel, raising concerns about urban violence.

Business

Journalists Strike Against Sale of The Observer to Tortoise Media

2024-12-04T15:24:52.033Z

Journalists from The Guardian and The Observer have gone on strike for 48 hours to protest the proposed sale of The Observer to Tortoise Media, marking the first strike at The Guardian in over 50 years.

Business

Global Automotive Market Faces Challenges Amid Political Changes

2024-12-04T14:54:34.268Z

The global automotive market is facing significant challenges, including potential tariffs from the incoming US administration, declining sales for major automakers like Nissan and Stellantis, and labor unrest at Volkswagen, while Tesla and Chinese manufacturers thrive.

Business

Russia's 2025 Budget: Defense Spending Surges Amid Economic Challenges

2024-12-04T13:04:37.720Z

Russia's federal budget for 2025 prioritizes defense spending, allocating $126 billion, while raising taxes to cover costs, amidst economic instability.

Business

OECD Projects Germany's Economic Growth at 0.7% for 2025

2024-12-04T12:34:02.140Z

The OECD has downgraded its growth forecast for Germany to 0.7% for 2025, citing weak exports and restrictive fiscal policies as key factors.

Business

Volkswagen Labor Dispute Escalates as Employees Protest Proposed Cuts

2024-12-04T10:03:56.328Z

Volkswagen faces escalating tensions as CEO Oliver Blume addresses employees amid proposed factory closures and salary cuts, with Labor Minister Hubertus Heil attending today's crucial meeting.

Business

South Korea's Stock Market Declines as Martial Law is Lifted

2024-12-04T09:34:22.066Z

South Korea's stock market fell following the declaration and subsequent lifting of martial law, prompting government assurances of financial support to stabilize the economy.