Dear followers everywhere, welcome to a new global tour of the financial markets, business, companies, energy, and everything new for today, Saturday, November 30, 2024.. coming to you from Banker, so stay with us.
Starting in Germany, where hundreds of Amazon employees from all over the country organized protests, yesterday, Friday, against what a trade union representative described as unfair working conditions and the lack of a collective wage agreement.
The demonstrators marched from two directions to join a central march in a hall in Bad Hersfeld, Hesse.
Amazon owns two logistics centers in the city, according to the German News Agency
The next news in our global tour from the Arabian Gulf, where the Qatar Investment Authority acquired a stake in the Audi Formula 1 team
The deal was announced on the first day of the Qatar Grand Prix, which is held at the Losail International Circuit in Doha, which is the penultimate race of the Formula 1 World Championship season.
And to Europe, where the European Commission approved the German airline Lufthansa’s acquisition of a stake in the Italian state airline ETA.
The Commission announced in Brussels, today, Saturday, that the concessions made by the German airline mean that the terms of the deal have been met.
According to the data, Lufthansa will leave the take-off and landing rights in Italy to its competitors, EasyJet, Air France, KLM, and International Airlines Group.
We are still with you on our global tour, and the next news is from Vietnam, where the Vietnamese National Assembly approved, today, Saturday, an ambitious project to establish high-speed railways throughout the country, at a cost estimated at about 67 billion dollars, according to the National Assembly said in a statement.
The distance between the two cities is more than 1,500 kilometers.
Returning to the Arabian Gulf and Saudi Arabia, where a recent research paper stated that the number of users of social media platforms in Saudi Arabia reached 35.1 million users, representing 95.3% of the total Internet users in Saudi Arabia.
The “Tik Tok, YouTube, and Snapchat” platforms are the most popular platforms in Saudi Arabia, while the “Tik Tok and Facebook” platforms in the Emirates lead the growth in the number of users, which reflects the heavy reliance on these platforms in the daily lives of the population in both countries.
The last good thing in our global tour is from China, which managed to remove the Japanese monster from the global car throne
According to a Bloomberg report, the global automobile industry has witnessed a radical transformation, and Japan’s share in global production has declined from 22% in 1998 to only 11% in 2023.
On the other hand, China has become the largest producer of cars globally with a share of 39%.
This transformation came at the expense of prominent Japanese brands such as Toyota, Honda, and Nissan, which lost significant shares in important markets such as China and Southeast Asia, while Chinese brands such as BYD and Geely, which achieved significant gains, flourished.
