World Daily News

Explosion at Mexican Steel Mill Results in 13 Fatalities

A steel mill explosion in Tlaxcala, Mexico, has resulted in 13 fatalities, prompting investigations into the cause.

Business

Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support

2024-11-04T18:47:41.805Z

Carrefour has closed all its branches in Jordan due to a widespread boycott campaign, with 93% of Jordanians participating in protests against the company's support for the Israeli occupation.

Business

IKEA to Pay €6 Million to Compensate East German Forced Labor Victims

2024-11-04T15:37:43.330Z

IKEA has agreed to pay 6 million euros to a fund for victims of forced labor during East Germany's communist regime, acknowledging its historical ties to the practice.

Business

Schaeffler and Auchan Announce Major Job Cuts Amid Economic Pressures

2024-11-05T08:16:57.034Z

Schaeffler and Auchan are implementing significant job cuts due to economic challenges, affecting thousands of employees across Europe.

Business

Russia to Increase Maternity Capital and Social Benefits in 2025

2024-11-05T02:16:53.296Z

Russia is set to increase maternity capital and other social benefits in 2025, including a rise in minimum wage and child care payments, aimed at enhancing financial support for families and vulnerable individuals.

Business

Auchan Implements Major Job Cuts and Store Closures Amid Financial Struggles

2024-11-05T09:07:33.629Z

Auchan has announced significant job cuts and store closures as part of a restructuring plan to address financial losses and adapt to changing retail dynamics.

Business

Boeing Workers Ratify Agreement, Ending Costly Strike

2024-11-05T06:47:16.455Z

Boeing workers have ratified a new agreement, ending a seven-week strike that cost the company over $10 billion, with a 38% wage increase and improved benefits.

Business
2024-11-03T10:47:28.553Z

Dollar's Surge Linked to Trump Election Prospects

2024/6/25

Business

European Commission Targets Microsoft and Apple for Competition Violations

2024-06-25T17:07:18.977Z

The European Commission is investigating Microsoft and Apple for potential competition violations. Microsoft faces scrutiny over its Teams integration, while Apple's App Store rules are under fire. Both companies could face hefty fines.

Business

Lufthansa Imposes Environmental Surcharges on European Flights to Meet Climate Goals

2024-06-25T15:26:52.932Z

Lufthansa will impose environmental surcharges ranging from 1 to 72 euros on European flights starting January 1, 2025, to cover the rising costs of regulatory climate protection requirements. Learn how this impacts ticket prices and the airline's strategy.

Business

Tragic Factory Fire Exposes Urgent Need for Certified Lithium Battery Fire Extinguishers

2024-06-25T12:37:07.355Z

A deadly factory fire in Hwaseong, South Korea, caused by exploding lithium batteries, has highlighted the urgent need for certified fire extinguishers and better safety measures. The incident resulted in 22 deaths, mostly migrant workers.

Business

McKinsey Study: 24% of German Electric Car Owners Regret Purchase, China Proposes Tariff Cuts to Aid German Auto Industry

2024-06-25T03:27:48.987Z

A McKinsey study reveals that 24% of German electric car owners regret their purchase, citing high costs and inadequate charging infrastructure. Meanwhile, China proposes tariff cuts to benefit German luxury car manufacturers amid looming EU tariffs on Chinese electric vehicles.

Business

Boeing Faces Potential Criminal Charges Over 737 Max, Threatening Financial Stability

2024-06-25T02:16:56.317Z

US prosecutors recommend criminal charges against Boeing over 737 Max safety issues, threatening the company's financial stability and reputation. The decision is expected by July 7.