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

BIS Withdrawal from mBridge Project: Implications for Putin's Economic Strategies

2024-11-02T11:26:23.846Z

The BIS's withdrawal from the mBridge project raises questions about the future of cross-border payments and highlights Putin's ambitions for alternative financial systems in response to US sanctions.

Business

US Job Growth Stalls Amid Hurricane and Strikes Before Election

2024-11-02T10:26:18.831Z

The US labor market shows signs of weakness with only 12,000 new jobs added in October, influenced by Hurricane Milton and strikes, raising concerns ahead of the presidential election.

Business

Buffett Cuts Apple Stake as Berkshire Hathaway Reports Record Cash Reserves

2024-11-02T17:26:15.439Z

Warren Buffett's Berkshire Hathaway has reduced its stake in Apple by 25%, reporting a record cash reserve of $325.2 billion amid market challenges.

Business

Russia to Nearly Double Sick Leave Payments by 2027 Amid Economic Changes

2024-11-02T18:06:44.951Z

The Russian government plans to nearly double the maximum sick leave payments over the next three years, reflecting a commitment to improve social protection amid rising living costs. Additionally, child care and maternity benefits will also see significant increases.

Business

Egypt and Turkey Experience Credit Rating Upgrades Amid Economic Challenges

2024-11-02T12:26:24.575Z

Fitch Ratings has upgraded Egypt's credit rating to B, while Standard & Poor's has raised Turkey's rating to BB-. Both nations face significant economic challenges but show signs of recovery.

Business

Volkswagen's Factory Closures Signal Deepening Crisis in Germany's Manufacturing Sector

2024-11-02T09:16:30.509Z

Volkswagen's decision to close factories and lay off thousands of employees underscores a deepening crisis in Germany's manufacturing sector, as the government struggles to respond effectively.

2024/8/26

Business

Eurasia's Energy Revolution: How India, Russia, and Iran are Reshaping Global Trade

2024-08-26T17:28:34.790Z

Discover how the collaboration between India, Russia, Iran, and Azerbaijan is reshaping energy dynamics in Eurasia, creating new trade routes and strategic partnerships amidst a challenging global economy.

Business

Kremlin Reacts to Telegram CEO Pavel Durov's Arrest in France Amid Serious Allegations

2024-08-26T15:58:47.197Z

Pavel Durov, CEO of Telegram, faces serious allegations leading to his arrest in France. Kremlin's response highlights diplomatic tensions as Russia seeks consular access. Discover the implications of this high-profile case on messaging platforms.

Business

Discover Qatar's Thriving Shopping Tourism: 10 Must-Visit Malls and Centers

2024-08-26T15:29:00.964Z

Explore the booming shopping tourism in Qatar with our guide to the top 10 shopping centers in Doha, featuring international brands, entertainment options, and unique experiences. Discover why Qatar is becoming a shopping paradise for tourists.

Business

Unlocking the Walnut Market: China Leads Production with $12.4 Billion Growth Potential

2024-08-26T12:28:56.199Z

Discover how China dominates the walnut production market with 1.4 million metric tons, driving a projected $12.4 billion growth by 2032. Explore the health benefits, global trade dynamics, and the significance of walnuts in today's economy.

Business

How Israeli Startups Are Overcoming Challenges Amid the Iron Swords War

2024-08-26T11:58:37.197Z

Explore how Israeli startups like Blue Tree and UBQ Materials are navigating the challenges posed by the Iron Swords War, showcasing resilience and innovation while securing investor confidence.

Business

Uber Faces Record €290 Million Fine for Data Privacy Violations: What You Need to Know

2024-08-26T11:28:58.070Z

Uber has been fined €290 million by the Dutch Data Protection Authority for transferring sensitive data of European drivers to the US without adequate protection, marking a significant violation of GDPR. The company plans to appeal the decision.

Business

Oil Prices Surge Amid Middle East Tensions and US Interest Rate Cut Prospects

2024-08-26T11:18:31.092Z

Oil prices rise amid escalating Middle East tensions and expectations of US interest rate cuts. Brent crude hits $79.95, while US crude reaches $75.74, reflecting fears of supply disruptions and a potential boost in fuel demand.

Business

Gold Prices Soar as Jerome Powell Signals Interest Rate Cuts: What It Means for the Dollar

2024-08-26T09:58:43.946Z

Discover how Jerome Powell's recent statements on interest rates are impacting gold prices and the dollar's performance in global markets. Learn about the implications for traders and investors.

Business

Navigating Uncertainty: 3 Key Risks Shaping the Global Economy in 2024

2024-08-26T07:48:55.780Z

Explore the critical factors impacting the global economy in 2024, including the US elections, China's economic performance, and technology stock valuations. Stay informed to navigate market volatility effectively.