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

Trump's Wealth Surges to $610 Million Amid Election Campaign

2024-11-05T17:28:08.413Z

Donald Trump's wealth has surged to $610 million as his media company's stock rises amid increasing bets on his election victory.

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

Nvidia Chip Lending Spree: Wall Street's $11 Billion Bet on AI

2024-11-05T13:27:49.250Z

Wall Street has entered an $11 billion lending spree for companies in the AI sector, relying heavily on Nvidia chips as collateral, raising concerns about market vulnerabilities.

Business

Schaeffler Cuts 4,700 Jobs Amid Auto Industry Challenges

2024-11-05T16:37:02.350Z

Schaeffler, a major German automotive supplier, announces the elimination of 4,700 jobs across Europe, primarily in Germany, as part of a restructuring plan in response to the ongoing automotive industry crisis.

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

Türkiye Strengthens Economic Ties with Africa Amid Growing Investments

2024-11-05T15:37:30.444Z

Turkey is enhancing its economic presence in Africa through significant investments and trade relations, with a focus on strategic partnerships and addressing challenges in the region.

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

Dollar's Surge Linked to Trump Election Prospects

2024/7/3

Business

Mercedes-Benz Shifts Strategy: Embraces Hybrid Drives and Continues Electric Push

2024-07-03T16:20:37.007Z

Mercedes-Benz revises its strategy to include hybrid drives alongside electric vehicles, investing €14 billion in R&D. CEO Ola Källenius emphasizes the importance of technological flexibility and sustainability.

Business

ANSES Announces 4.18% Pension Increase and Bonuses for July 2024

2024-07-03T11:59:01.211Z

The Argentine National Social Security Administration (ANSES) has announced a 4.18% increase in pensions and bonuses starting July 2024, impacting retirees and pensioners significantly.

Business

Greece Introduces Six-Day Work Week Amidst Global Trend for Shorter Hours

2024-07-03T09:28:52.149Z

Greece has introduced a controversial six-day work week, opposing the global trend of shorter working hours. The new law aims to address labor shortages and unpaid overtime but faces strong opposition from unions.