World Daily News

ArcelorMittal's Reims and Denain Sites Face Closure Amid Strikes

ArcelorMittal's service centers in Reims and Denain have gone on strike following the company's announcement of potential site closures due to declining activity in the industrial and automotive sectors.

Business

Netanyahu's Arrest Warrants Pose Threat to Israel's Economy

2024-11-24T17:21:51.087Z

The issuance of international arrest warrants against Israeli leaders threatens the stability of Israel's economy, as highlighted by a Calcalist report, which warns of decreased foreign investment and rising debt levels.

Business

Algeria's 2025 Budget: Record Spending Amidst Significant Deficit

2024-11-24T16:51:55.284Z

Algeria's President Tebboune has approved a historic budget for 2025, featuring record spending and a significant deficit, highlighting the country's reliance on oil and gas revenues.

Business

Egypt's Economy Strained by Red Sea Tensions, Warns Foreign Minister

2024-11-24T20:52:05.896Z

Egyptian Foreign Minister Badr Abdel Aty warns of significant economic impacts due to escalating tensions in the Red Sea, leading to a drastic decline in Suez Canal revenues.

Business

Youth Employment Hits Record Low Amid Mental Health Crisis

2024-11-25T00:21:50.940Z

Recent reports reveal a record low in job opportunities for young people, coinciding with a troubling decline in mental health among youth, highlighting the urgent need for systemic changes.

Business

Iraq Faces Electricity Crisis as Iranian Gas Supplies Halted

2024-11-24T19:41:56.888Z

Iraq's electricity supply faces a significant setback as Iranian gas imports are halted for maintenance, leading to a loss of 5.5 gigawatts from the national grid. The Ministry of Electricity is coordinating efforts to mitigate the impact while addressing long-standing energy challenges.

Business

Turkey's Trade with Arab Nations Hits Record Highs in 2024

2024-11-24T16:51:51.150Z

Turkey's trade with Arab countries has surged to record levels in 2024, with exports reaching $39.9 billion, driven by political rapprochement and strategic economic partnerships.

2024/9/17

Business

Charente Winegrowers Rally Against Looming Chinese Tax Threats to Cognac

2024-09-17T18:54:41.782Z

Charente winegrowers mobilize against potential 34.8% tax from China, fearing devastating impacts on exports and jobs. Trade tensions escalate as cognac industry faces significant challenges.

Business

Île-de-France Mobilités Unveils Revolutionary Public Transport Fare Reform for 2025

2024-09-17T18:15:10.181Z

Île-de-France Mobilités announces a groundbreaking fare reform set to simplify pricing across the Paris region, making public transport more accessible and affordable for millions starting January 1, 2025.

Business

Russia Advances Pipeline Project in Congo to Boost Energy Ties with Africa

2024-09-17T17:44:15.040Z

Russia has announced plans for a fuel pipeline connecting Pointe-Noire to Brazzaville in Congo, marking a strategic move to enhance energy cooperation with African nations amid shifting global relations.

Business

Israeli Financial Markets Decline as Political Turmoil Mounts Over Defense Minister's Dismissal

2024-09-17T17:44:06.519Z

Discover how the potential dismissal of Israel's Defense Minister Yoav Galant is impacting financial markets, leading to declines in the shekel and the Tel Aviv Stock Exchange amid rising political uncertainties.

Business

French Ministry Bans Popular Algerian 'Marjan' Chocolate Spread Over Safety Issues

2024-09-17T16:03:56.916Z

The French Ministry of Agriculture has banned the popular Algerian chocolate spread 'Marjan' due to safety compliance issues, sparking an investigation into its presence in the market. Discover the implications for Algerian exports and the chocolate industry.

Business

Hurricane Francine Disrupts Oil Production as U.S. Awaits Interest Rate Cut

2024-09-17T14:44:51.258Z

Oil prices have surged due to Hurricane Francine's impact on U.S. production, as markets anticipate a Federal Reserve interest rate cut that could boost demand for oil. Discover how these factors are shaping the energy sector.

Business

US Dollar Plummets Near One-Year Low as Gold Prices Soar Ahead of Fed's Interest Rate Decision

2024-09-17T12:44:54.246Z

The US dollar is nearing a one-year low as gold prices stabilize near an all-time high, driven by expectations of a significant interest rate cut by the Federal Reserve. With the Fed's decision imminent, market analysts predict further declines for the dollar against major currencies.

Business

Egypt's New Tax Strategy Aims to Strengthen Revenue and Business Relations

2024-09-17T12:44:41.665Z

The Egyptian government unveils a new tax strategy to enhance revenues and improve relations with the business community, addressing key issues such as tax evasion and compliance in alignment with IMF recommendations.

Business

Israeli Housing Prices Surge Despite Record Supply: What’s Driving the Market Discrepancy?

2024-09-17T11:34:47.019Z

Explore the surprising rise in Israeli housing prices amidst a record supply of unsold homes, driven by the ongoing conflict and changing buyer preferences.

Business

Air France Tests Paid Catering: A New Era in In-Flight Dining Begins in 2025

2024-09-17T11:04:59.331Z

Air France announces plans to test a paid catering model called 'Buy on Board' starting January 2025, affecting select routes. Discover how this shift aligns with industry trends and what it means for passengers.

Business

China's Economic Crisis: Local Governments Turn to Privatization to Raise Revenues

2024-09-17T09:43:52.907Z

In response to declining revenues, Chinese local governments are privatizing state-owned assets, raising concerns about transparency and effectiveness in tackling the country's economic challenges.

Business

Discover the Top 10 Asian Startups Securing Millions in Global Investments

2024-09-17T08:44:26.036Z

Explore the top 10 Asian startups attracting millions in global investments, showcasing innovation in technology, biotechnology, and more.

Business

Transforming Urban Transport: The Cable 1 Project Set to Revolutionize Commuting in Île-de-France by 2025

2024-09-17T06:33:59.103Z

Discover the Cable 1 project in Île-de-France, an innovative urban cable car line set to connect Créteil to Villeneuve-Saint-Georges by 2025, transforming local commuting with a travel time of just 18 minutes.

Business

Amazon CEO Andy Jassy Declares End of Remote Work Era: Employees to Return Full-Time by January 2025

2024-09-17T06:04:11.527Z

Amazon CEO Andy Jassy announces a full return to in-office work for administrative employees starting January 2025, marking the end of extensive remote work policies. This move aims to strengthen company culture and enhance collaboration among teams.