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

Apple Joins Google Antitrust Trial Over Search Revenue Agreements

2024-12-25T13:29:45.475Z

Apple has requested to participate in Google's antitrust trial, citing the need to defend its revenue-sharing agreements with Google, which are crucial for its income from search services.

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

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

Russian Gas Exports to Europe Set to Rise Amid Transit Uncertainties

2024-12-25T14:09:36.465Z

Russian gas exports to Europe are expected to rise by 20% in 2024, despite the looming expiration of a crucial gas transit agreement with Ukraine, which could disrupt supplies and lead to an energy crisis in Europe.

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

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.

2024/6/11

Business

Chiquita Ordered to Pay $38.3 Million for Funding Colombian Paramilitaries

2024-06-11T21:13:33.188Z

A U.S. federal jury has ordered Chiquita Brands International to pay $38.3 million to families of victims murdered by the AUC in Colombia. This landmark ruling holds the company accountable for financing a paramilitary organization, marking a significant precedent for human rights cases.

Business

Competition Authority Pushes For Pricing Transparency in Electric Vehicle Charging Stations

2024-06-11T11:03:43.161Z

The Competition Authority calls for more transparency in electric vehicle charging station pricing to address consumer challenges and promote sustainable competition, as prices at public stations rise despite falling electricity costs.

Business

Political Instability Raises Economic Concerns: Moody's Warns of Potential Downgrade for France

2024-06-11T08:13:56.955Z

Moody's warns of increased risks to France's economic outlook due to political instability following the National Rally's victory and the dissolution of the National Assembly. Find out how this could impact the nation's credit rating and investor confidence.

Business

Singapore Airlines Offers Compensation to Passengers After Severe Turbulence Incident

2024-06-11T08:03:25.649Z

Following a severe turbulence incident that left one dead and dozens injured, Singapore Airlines is offering extensive compensation and medical support to passengers of flight SQ321. Learn about the measures being taken for their well-being.