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'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

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.

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

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

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

Controlling Inflation in Post-Conflict Syria: Strategies and Challenges

2024-12-22T08:18:52.053Z

Following the fall of the Assad regime, Syria is implementing strategies to control inflation and stabilize the economy, with initial signs of improvement in currency value and goods prices.

2024/6/19

Business

Boeing Faces $24 Billion Fine and Criminal Charges Over 737 Max Crashes

2024-06-19T22:25:29.870Z

Boeing faces a potential $24 billion fine and criminal charges over the 737 Max crashes that claimed 346 lives. Families of the victims call for accountability as the Justice Department evaluates its next steps.

Business

Nvidia's Meteoric Rise: How AI Propelled It to Financial Market Dominance

2024-06-19T18:05:22.810Z

Discover how Nvidia's strategic positioning in artificial intelligence has propelled it to a market capitalization of $3.35 trillion, overtaking giants like Microsoft. Learn about the visionary leadership of CEO Jensen Huang and the company's record-breaking financial performance.

Business

EU Initiates Deficit Procedures for Seven Countries Amid Fiscal Challenges

2024-06-19T13:45:25.179Z

The European Commission has initiated excessive deficit procedures against seven EU countries, including France and Italy, due to their high public deficits. Countries must take corrective measures to comply with EU budgetary rules or face financial sanctions.

Business

Boeing CEO Apologizes, Faces Intense Scrutiny Amid Safety Issues and Potential Criminal Proceedings

2024-06-19T13:15:37.179Z

Boeing CEO Dave Calhoun apologizes for the 737 Max crashes during a Senate hearing, as the company faces renewed scrutiny over safety issues and potential criminal proceedings.

Business

Chinese EV Makers Urge Tough Countermeasures as EU Tariffs Loom

2024-06-19T12:35:19.386Z

Chinese EV manufacturers are urging Beijing to implement tough countermeasures against EU tariffs. As Germany's car industry braces for impact, Economics Minister Robert Habeck heads to China to seek a resolution.

Business

Nvidia Surpasses Microsoft: Achieves Record Market Value with AI Dominance

2024-06-19T11:56:16.591Z

Nvidia has become the most valuable company in the world, surpassing Microsoft with a market capitalization of $3.34 trillion. The company's success is driven by its advanced AI processors, which are in high demand across the tech industry.

Business

Culinary Influencer Alexis Thiebaut Fined for Deceptive Practices: A Landmark Case

2024-06-19T10:16:42.437Z

Culinary influencer Alexis Thiebaut has been fined 3,500 euros by the DGCCRF for deceptive commercial practices. This landmark case underscores the importance of transparency in influence marketing.

Business

Boeing CEO Defends Safety Record Amid Senate Scrutiny and Whistleblower Allegations

2024-06-19T02:45:17.417Z

Boeing CEO Dave Calhoun faced the Senate to defend the company's safety record amid harsh criticism and whistleblower allegations. Despite acknowledging cultural flaws, Calhoun emphasized ongoing progress and commitment to safety.