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

Syria Sets New Fuel Prices Amid Economic Challenges

2024-12-22T13:38:52.749Z

The Syrian government has announced new fuel and gas prices to stabilize the market, with gasoline priced at $1.16 per liter and diesel at approximately $1. The Central Bank has also lifted withdrawal limits to promote electronic payments.

Business

Syria's New Administration Cancels Fees to Boost Economy

2024-12-22T12:19:05.275Z

The new Syrian administration has canceled over ten customs fees imposed by the Assad regime, aiming to alleviate the economic burden on citizens and improve the importation of goods.

Business

ATM Arson Attacks in Moscow Linked to Fraudsters' Manipulation

2024-12-22T17:08:32.899Z

Moscow and surrounding regions have seen a surge in ATM arson attacks, with over ten incidents linked to fraudsters manipulating victims, many of whom are elderly.

Business

Starbucks Union Strike Expands to Nine States Amid Holiday Rush

2024-12-23T03:18:39.048Z

The Starbucks union strike has expanded to nine states, affecting operations during the busy holiday season as workers demand wage increases and better working conditions.

Business

Stock Chain Acquires Toys R Us and Red Pirate in Major Toy Market Move

2024-12-22T13:58:35.585Z

The Stock chain has acquired Toys R Us and The Red Pirate for 55 million shekels, aiming to reshape the Israeli toy market with lower prices and expanded operations.

Business

European Auto Industry Faces Bankruptcy and Job Cuts Amid Crisis

2024-12-22T10:58:51.053Z

The European auto industry is facing a severe crisis leading to significant job cuts and bankruptcies among suppliers, including the historic Gerhardy Kunsthoftechnik.

2024/6/18

Business

Wealthy Exit: Israel Faces Economic Strains Amid Conflict and Political Instability

2024-06-18T16:55:27.704Z

Discover how the ongoing conflict and political instability in Israel have led to an exodus of wealthy immigrants, adding to the nation's economic strains as revealed in Henley & Partners' 2024 Private Wealth Migration Report.

Business

Fisker's Bankruptcy and Declining Electric Car Sales Reveal Market Challenges

2024-06-18T13:55:56.437Z

Fisker's bankruptcy and stumbling electric car sales in Germany underscore the struggles of the electric vehicle market. Rising costs and insufficient infrastructure are major hurdles to consumer adoption.

Business

Paris Court Suspends Ban on Israeli Companies at Eurosatory Arms Exhibition Amid Allegations of Discrimination

2024-06-18T08:35:22.857Z

The Paris Court has suspended measures against Israeli defense companies' exclusion from the Eurosatory arms exhibition amid discrimination claims, highlighting complex international relations and trade practices in the defense industry.

Business

EU to Enforce Disciplinary Actions for Excessive Budget Deficits Amid Political Unrest

2024-06-18T07:55:22.653Z

The European Commission will implement disciplinary procedures for excessive budget deficits against ten EU countries, including France, which faces political and economic instability. These actions underscore the enforcement of the Stability Pact amid global economic challenges.