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Business



Saham Capital Gestion names Majdouline Fakih as new CEO amid growth strategy

Saham Capital Gestion has announced the appointment of Majdouline Fakih as its new Chief Executive Officer, marking a strategic leadership change aimed at strengthening the company’s position in the asset management sector. With more than 17 years of experience in financial markets, Majdouline......

Moschino names Loris Messina and Simone Rizzo as creative directors

Italian fashion house Moschino has announced the appointment of designers Loris Messina and Simone Rizzo as its new creative directors, marking a significant leadership change for the luxury brand. The duo will take up their roles immediately, replacing Adrian Appiolaza, according to the brand’s......

Danone and Chobani face off in growing battle over high-protein Yogurt market

Competition in the high-protein yogurt sector has intensified as two major dairy brands, Danone and Chobani, become involved in a legal dispute over product labeling and protein content claims. The case highlights the growing importance of protein-rich foods in today's consumer market and the fierce......

Sun Pharma expands portfolio with Innovcare Lifesciences acquisition

Sun Pharmaceutical Industries, one of India's leading pharmaceutical companies, has announced an agreement to acquire Innovcare Lifesciences in a transaction valued at approximately 2.71 billion Indian rupees, equivalent to nearly $28.7 million. The acquisition will give Sun Pharma full ownership......

Global stock markets attract record inflows as geopolitical tensions ease

Global equity markets recorded their strongest wave of capital inflows in more than a year and a half, reflecting growing investor confidence amid signs of easing geopolitical tensions and improving prospects for the global economy. Investor sentiment strengthened significantly following diplomatic......

KFC Morocco launches World Cup campaign with official jersey giveaway for Atlas Lions fans

KFC Morocco has introduced a special promotional campaign tied to the ongoing excitement surrounding the FIFA World Cup, combining football enthusiasm with a themed food experience and a nationwide prize draw for supporters of the Moroccan national team. The fast-food chain has launched a new limited-time......

UK relaxes payment restrictions for Lukoil subsidiary in Austria

The United Kingdom has adjusted certain sanctions-related payment rules affecting an Austrian subsidiary of Russian energy company Lukoil, providing greater flexibility for businesses engaged in authorized transactions while maintaining broader restrictions linked to Russia sanctions. The change was......

UniCredit strengthens its position in Commerzbank takeover battle

The competition for control of one of Germany's leading financial institutions has intensified as Italy's UniCredit continues to increase its influence within Commerzbank. According to recent developments, more shareholders have accepted UniCredit's takeover offer, allowing the Italian banking......

India's market regulator clears NSE settlement, paving the way for future growth

India's financial markets took an important step forward after the country's securities regulator approved a settlement involving the National Stock Exchange (NSE), one of the largest and most influential stock exchanges in the world. The decision is expected to bring closure to regulatory issues......

Ryanair extends Michael O'Leary's leadership until 2032

Europe's largest low-cost airline, Ryanair, has announced the extension of Chief Executive Officer Michael O'Leary's contract until April 2032, ensuring continuity in the company's leadership during a period of ongoing growth and transformation in the aviation industry. O'Leary,......

India restores open-market share buybacks and strengthens ethics rules for regulators

India’s financial regulator has announced significant reforms aimed at improving market efficiency and strengthening governance standards within the country's financial sector. The Securities and Exchange Board of India (SEBI) revealed that companies will once again be allowed to conduct share......

Reliance industries approves draft papers for Jio platforms IPO, says Ambani

India’s Reliance Industries has approved draft documents for the initial public offering (IPO) of its digital arm Jio Platforms, according to company chairman Mukesh Ambani, marking a significant step toward one of the country’s most closely watched market listings. The decision represents......

Asda reports near £1 billion annual loss amid price-cut strategy

British supermarket giant Asda has reported a near £1 billion annual loss, highlighting the financial challenges facing retailers as they compete for customers in an increasingly price-sensitive market. According to the company’s latest financial results, Asda recorded a pre-tax loss of......

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