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

Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support

2024-11-04T18:47:41.805Z

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.

Business

IKEA to Pay €6 Million to Compensate East German Forced Labor Victims

2024-11-04T15:37:43.330Z

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.

Business

Russia to Increase Maternity Capital and Social Benefits in 2025

2024-11-05T02:16:53.296Z

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.

Business

Impact of US Elections on Israeli Economy: Trump vs. Harris

2024-11-04T16:26:54.373Z

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.

Business

Boeing Workers Ratify Agreement, Ending Costly Strike

2024-11-05T06:47:16.455Z

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.

Business

Trump vs. Harris: Economic Implications for the U.S. and Germany

2024-11-04T15:19:02.737Z

As the U.S. election approaches, the volatile stock of Trump Media reflects the political stakes, while experts warn of significant economic repercussions for Germany if Trump wins.

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

Dollar's Surge Linked to Trump Election Prospects

2024/9/23

Business

European Industry Plummets: Recession Deepens as Economic Growth Slows

2024-09-23T22:35:45.960Z

European industry faces severe challenges as the PMI falls to a historic low, signaling ongoing recession and economic stagnation. High energy prices and tough ECB policies contribute to declining competitiveness and job cuts across the region.

Business

New Organic Vineyard Launches in Belle-Île-en-Mer as Alba White Truffle Fair Adjusts Season

2024-09-23T16:06:07.000Z

Explore the launch of an organic vineyard in Belle-Île-en-Mer and the adjusted season for the Alba White Truffle Fair, highlighting sustainability and local economic growth.

Business

RER B Strike: Major Disruptions Expected for Commuters on September 25

2024-09-23T15:46:32.026Z

RER B strike on September 25 causes major disruptions, with only 2 out of 3 trains running. Commuters urged to plan ahead.

Business

UniCredit Boosts Stake in Commerzbank to 21%: A Bold Strategy for Growth

2024-09-23T13:46:28.354Z

UniCredit has increased its stake in Commerzbank to 21%, seeking ECB approval to raise it further to 29.9%. This strategic move positions UniCredit as the largest shareholder, surpassing the German state, amid ongoing discussions about the future of Commerzbank's independence.

Business

Israeli Finance Minister Unveils Strategic Economic Reforms Amid Budget Crisis

2024-09-23T11:36:22.997Z

Israeli Finance Minister Bezalel Smotrich proposes significant economic reforms, including privatization of Ashdod Port and measures to control defense spending, as the country faces a growing budget deficit amid ongoing conflicts.

Business

France's Food Waste Crisis: Each Person Discards 25 Kilos Annually, Says Too Good To Go

2024-09-23T10:55:39.174Z

Discover the alarming statistics on food waste in France, where each person discards 25 kilos of edible food annually, according to Too Good To Go. Learn about the environmental impact and financial burden of this waste.

Business

China's Steel Industry Faces Bankruptcy Wave Amid Mergers and Economic Struggles

2024-09-23T10:27:04.221Z

China's steel industry is on the brink of a crisis, with 75% of companies reporting losses. A wave of bankruptcies and mergers is expected as the government aims for market consolidation by 2025, despite challenges from a slowing economy and international trade backlash.

Business

Bitcoin Hits One-Month High as Federal Reserve Rate Cuts Boost Market Sentiment

2024-09-23T08:56:33.201Z

Bitcoin reaches a one-month high of $63,954 following a Federal Reserve interest rate cut, while Ether also climbs. The yen declines as the dollar strengthens amidst changing market dynamics.

Business

Gold Prices Hit New Highs at $2,629 Amid US Rate Cuts and Middle East Tensions

2024-09-23T07:35:44.855Z

Gold prices surged to a historic high of $2,629.2 per ounce due to US interest rate cuts and escalating tensions in the Middle East, while other precious metals faced declines.

Business

Urgent Need for Educational Reform to Combat High Graduate Unemployment in the Arab World

2024-09-23T06:35:57.393Z

High unemployment rates among graduates in the Arab world highlight the urgent need for educational reform. Discover how mismatched skills and outdated majors contribute to this crisis and what steps can be taken to improve job prospects for youth.

Business

China's Electric Vehicle Market Thrives Amid U.S. Tariff Threats: Key Insights

2024-09-23T00:15:23.520Z

Explore how China's electric vehicle market is thriving despite U.S. tariff threats, revealing key insights into the global automotive landscape and future challenges.