ArcelorMittal's Reims and Denain Sites Face Closure Amid Strikes

Swiss watch exports fell to 1.2 million units in August, facing significant challenges in key markets like China and Hong Kong. Despite a rise in total export value, the industry struggles with declining demand and pressure on pricing. Government support and strategic adjustments are critical for recovery.

Brazil is preparing to join China's Belt and Road Initiative, with President Xi Jinping expected to announce the accession in November. Despite a decline in Chinese investments, the partnership promises significant economic benefits and may impact Brazil's relations with the United States.

Ethiopia faces economic challenges as the birr is devalued by 30%, leading to soaring prices and inflation. Despite short-term pain, experts believe reforms may benefit the economy in the long run.

The Central Bank of Iraq is implementing key strategies to enhance economic stability, reduce reliance on the US dollar, and promote digital banking, aiming for a resilient financial future.

In 2023, SNCF's Regional Express Transport (TER) experienced a significant rise in passengers but continues to struggle with service quality, facing increasing delays and cancellations, according to a new report from the Court of Auditors.

Saudi Arabia pledges $5 billion to Egypt as the nation seeks to recover from an economic crisis, alongside plans for significant asset sales and international bond issuance.

Explore the widening economic gap between Europe and the United States, as detailed in a Financial Times analysis. Discover the challenges Europe faces in catching up with U.S. growth, including demographic shifts, social welfare expectations, and technological advancements.

Volkswagen is set to cut up to 30,000 jobs in Germany as part of a significant austerity program aimed at saving five billion euros. The company's future investment plans and operational strategies are under review, with several plants at risk of closure.

Mercedes-Benz shares fell 8.4% due to declining demand in China, prompting a profit forecast cut. The luxury automaker faces challenges in electric vehicle sales amid stricter EU emissions rules.

Algeria's Marjan Chocolate faces a controversial ban in France despite its growing popularity, raising questions about economic interests and safety standards in the European market.

Learn how to identify and avoid dangerous real estate investment schemes that promise high returns with little risk. Expert advice on protecting your finances and reporting fraud.