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

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

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

French MPs Reject Soda Tax Reform Amid Political Tensions

2024-11-04T12:47:12.760Z

On November 4, 2024, French MPs rejected a proposed reform of the soda tax aimed at reducing sugar consumption, despite government support. The decision reflects ongoing political tensions regarding health policies as opposition parties accuse the government of obstruction during budget reviews.

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

Dollar's Surge Linked to Trump Election Prospects

2024/9/27

Business

Abu Dhabi and Germany Streamline Vehicle License Processes to Enhance Compliance and Safety

2024-09-27T20:17:00.612Z

Discover how Abu Dhabi Police and Germany are simplifying vehicle license renewals and extensions, promoting compliance with traffic laws and enhancing road safety.

Business

UK Government Scrutinizes Labour's Non-Dom Tax Reform Amid Revenue Concerns

2024-09-27T18:56:47.566Z

The UK government is reviewing Labour's proposed reforms to the non-dom tax system, raising concerns about potential revenue losses and the impact on wealthy residents. Discover the implications for public services and the economy.

Business

Eurozone Economic Confidence Plummets to 96.2 Amid Manufacturing Decline

2024-09-27T17:57:15.224Z

Eurozone economic confidence falls to 96.2 in September, driven by a sharp decline in manufacturing sentiment. Calls for interest rate cuts from the European Central Bank intensify as business activity contracts unexpectedly.

Business

Chinese Stocks Soar 15.7% in Response to $114 Billion Stimulus Package

2024-09-27T16:57:28.619Z

Chinese stocks experienced a historic surge of 15.7% this week following a $114 billion stimulus package aimed at stabilizing the economy. This rally has also influenced European markets and driven up commodity prices, particularly in industrial metals like copper and iron ore.

Business

Russia's Cryptocurrency Mining Industry Set to Generate 50 Billion Rubles Annually

2024-09-27T16:37:02.507Z

Russia's cryptocurrency mining industry is expected to generate 50 billion rubles annually, driving economic growth and job creation in remote regions. CEO Igor Runets discusses the strategic importance of this sector for the country's economy.

Business

Russia Reinvents Energy Exports, Boosts Asia-Pacific Trade Amid Sanctions

2024-09-27T16:07:26.332Z

Despite facing significant sanctions, Russia has successfully restructured its energy exports, increasing its presence in the Asia-Pacific market. President Putin emphasizes the importance of BRICS collaboration to create independent payment systems, enhancing trade with friendly nations.

Business

Moscow's Central Transport Hub to Expand: MCD Set to Connect Four Regions

2024-09-27T15:57:19.309Z

Moscow's Central Diameters (MCD) will be extended to Kaluga, Yaroslavl, Smolensk, and Tula, enhancing connectivity and boosting economic growth as part of a major transport modernization initiative.

Business

Türkiye's Exports Rise to $22 Billion Amid Strategic Shift to Boost Domestic Production

2024-09-27T15:36:41.083Z

Türkiye's exports climbed to $22 billion in August 2024, reflecting a 2.3% increase as the country implements strategies to enhance self-reliance and reduce imports. Discover the key highlights from the latest foreign trade data.

Business

Putin's Vision for Global Energy: A New Era Ahead of BRICS Summit

2024-09-27T14:16:58.535Z

President Putin's speech at Russian Energy Week outlines a new approach to global energy dynamics, emphasizing practical solutions ahead of the BRICS summit in Kazan.

Business

Italy and France Tackle Fiscal Challenges: Budget Plans Under Scrutiny

2024-09-27T12:37:03.932Z

Italy's Minister of Economy presents a cautious budget plan aiming for 1.5% growth, while France's new ministers warn of a public deficit exceeding 6% of GDP without corrective measures. Both countries face significant fiscal challenges as they strive for economic stability.

Business

Moody's Signals Imminent Credit Downgrade for Israel Amid Gaza Conflict

2024-09-27T11:07:18.500Z

Moody's warns of a potential credit downgrade for Israel due to the ongoing Gaza conflict, raising significant political and financial risks for the economy. Investors may reassess Israeli debt quality, threatening financial stability.

Business

Philippine's Funeral Marks a Nation's Grief Amid Financial Scandals and Economic Concerns

2024-09-27T10:16:41.627Z

Philippine's funeral today highlights national grief as authorities investigate her tragic death. Meanwhile, Kiabi faces a shocking 100 million euro fraud, and France's public debt continues to soar, raising economic concerns.

Business

Unemployment Crisis: Palestine Faces 79.1% Rate Amid Ongoing Conflict

2024-09-27T09:27:35.088Z

Explore the alarming unemployment rates in Palestine, where conflict has driven the rate to 79.1%. Compare this with global statistics, highlighting Qatar's low unemployment and the urgent need for economic intervention in war-torn regions.

Business

France's Inflation Plummets to 1.2% in September, Easing Economic Strain on Consumers

2024-09-27T08:16:45.325Z

In September, France's inflation fell to 1.2%, marking a significant drop and easing the economic burden on consumers. This decline is attributed to lower energy prices and a slowdown in service costs, remaining below the ECB's target.

Business

Chinese Economic Stimulus Fuels Asian Market Rally with Historic Gains

2024-09-27T08:16:40.799Z

Discover how China's recent economic stimulus measures are leading to a significant market rally across Asia, with historic gains in stock indices and a positive outlook for global markets.

Business

Boeing Faces New Safety Crisis as NTSB Issues Urgent Recommendations for 737s

2024-09-27T06:37:06.205Z

The NTSB has issued urgent safety recommendations for certain Boeing 737 aircraft following a rudder malfunction incident. This raises further concerns about the safety and reliability of Boeing's planes amid ongoing challenges.