Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support
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.
IKEA to Pay €6 Million to Compensate East German Forced Labor Victims
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.
Boeing Workers Ratify Agreement, Ending Costly Strike
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.
Impact of US Elections on Israeli Economy: Trump vs. Harris
The upcoming US elections are set to influence the Israeli economy significantly, with candidates Trump and Harris proposing contrasting economic policies that could reshape international trade and investment.
Schaeffler and Auchan Announce Major Job Cuts Amid Economic Pressures
Schaeffler and Auchan are implementing significant job cuts due to economic challenges, affecting thousands of employees across Europe.
Russia to Increase Maternity Capital and Social Benefits in 2025
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.
Explosion at Mexican Steel Mill Results in 13 Fatalities
Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support
French Court Allows Israeli Companies to Participate in Euronaval 2024
Dollar's Surge Linked to Trump Election Prospects
IMF Optimistic About Egypt's Economic Recovery Amid Regional Challenges
Are Women Better Investors Than Men? Insights and Challenges
2024/6/26
Tokyo Stocks Surge as Nvidia Boosts Semiconductor Sector; Yen Hits 38-Year Low
Tokyo stocks surged on Wednesday, driven by a rally in US tech stocks, particularly NVIDIA. The Nikkei 225 rose by 1.26%, while the yen hit its lowest level in 38 years against the dollar.
France Secures €3 Billion in Excess Tax Revenue, Aims to Reduce Deficit
France's Economy Minister Bruno Le Maire announced an unexpected €3 billion surplus in tax revenue, aiming to reduce the public deficit in the coming years. Learn more about the fiscal strategies and political implications.
Unions Issue Strike Threat Over Olympic Games Bonuses at Paris Airports
Unions representing Paris airport employees threaten a strike in early July, demanding fair compensation and improved working conditions ahead of the Olympic Games. The outcome could impact operations at Roissy-Charles-de-Gaulle and Orly airports.
Volkswagen Invests Billions in Electric and Combustion Engines, Partners with Rivian
Volkswagen is making significant investments in both electric and combustion engine technologies. The company is reviving its Scout SUV as an electric vehicle and partnering with Rivian to develop advanced software solutions. Despite the focus on electrification, Volkswagen is also allocating substantial funds for the development of combustion engines, reflecting a balanced market strategy.
McKinsey Study: 24% of German Electric Car Owners Regret Purchase Amid High Costs, China Proposes Tariff Cuts
A McKinsey study reveals that 24% of German electric car owners regret their purchase due to high costs and inadequate charging infrastructure. Meanwhile, China proposes tariff cuts to benefit German luxury car makers amid looming EU tariffs on Chinese electric vehicles.