Business
Cyrille Bolloré, chief executive of the Bolloré Group, has publicly opposed a proposed $64 billion takeover bid for Universal Music Group, urging the company’s leadership to reject the offer put forward by investor Bill Ackman and his fund Pershing Square. Speaking at the company’s......
Morocco registered 25,520 new businesses during the first quarter of 2026, reflecting sustained entrepreneurial activity across trade, construction, and service sectors. Data released by the Moroccan Office of Industrial and Commercial Property showed that corporate entities continued to dominate the......
The Franco-German defence company KNDS has reported strong financial growth and a significantly expanded order backlog, reinforcing investor confidence ahead of its planned stock market listing later this year. The group, which operates across France and Germany, posted revenue of €4.4 billion......
Bayer CropScience India has reported a rise in quarterly profit, supported by strong performance in its crop protection business despite weaker demand in parts of the seeds market. The Indian subsidiary of Germany-based Bayer AG announced that its profit increased by more than 13% during the quarter......
Italy’s competition authority has launched an investigation into easyJet over concerns related to baggage fee policies and possible unfair commercial practices. The inquiry focuses on how optional travel services are presented to customers through the airline’s website and mobile application. According......
British shop price inflation increased in May as retailers faced higher energy and transportation costs linked to international tensions and disruptions in global markets. According to data released by the British Retail Consortium, shop prices rose by 1.2% compared with the same period last year, slightly......
A court in South Korea has rejected a request seeking to suspend the main labour union of Samsung Electronics from continuing salary negotiations with the company. According to information released on Tuesday, the Suwon District Court dismissed an injunction that aimed to block the union from taking......
BTR New Material Group has reported significant progress on its industrial projects in Morocco, strengthening the country’s position as a regional center for green industries and electric mobility technologies. The company said the steady implementation of its projects reflects growing confidence......
Morocco recorded strong entrepreneurial activity in the first quarter of 2026, with 25,520 new businesses registered, according to the Moroccan Industrial and Commercial Property Office (OMPIC). The data shows that legal entities account for the majority of new creations, representing 76% of total registrations,......
Hong Kong-based investment group Jardine Matheson has announced an agreement to acquire Australian medical imaging provider I-MED Radiology Network in a deal valued at approximately A$3.4 billion (about $2.4 billion USD), marking a significant expansion into the healthcare sector. The acquisition reflects......
India became a net importer of finished steel in April as rising domestic demand and increasing overseas shipments reshaped the country’s steel trade balance, according to provisional government data. The figures show that India imported approximately 700,000 metric tons of finished steel during......
Shares of Delivery Hero climbed sharply on Monday after reports emerged that Uber had submitted an indicative acquisition proposal for the German-based delivery group. The news pushed Delivery Hero’s stock price to its highest level in approximately eighteen months, reflecting growing investor......
CDP Equity has announced plans to increase its participation in Nexi, reinforcing the Italian government’s interest in strengthening strategic sectors linked to financial technology and digital infrastructure. The state-backed investor currently holds more than 19% of Nexi’s shares and intends......
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