Business
Amazon.com Inc. is planning a major reduction in the number of packages it ships through the U.S. Postal Service, according to reports from the Wall Street Journal. The move, expected to cut postal shipments by at least two-thirds, could result in significant revenue losses for the Postal Service, which......
The Central Bank of the United Arab Emirates (CBUAE) has unveiled a new package designed to strengthen the resilience of the nation’s banking sector amid ongoing tensions in the Gulf linked to the Iran crisis. The war, now entering its third week, has disrupted global energy markets and transportation......
Lululemon Athletica on Tuesday projected annual revenue and profit slightly below Wall Street expectations, reflecting ongoing challenges in a competitive market and internal governance issues. The announcement comes amid a period of leadership change and strategic uncertainty for the company. Lululemon......
Global consumer goods giant Unilever is reportedly evaluating a potential separation of its food division, as part of a broader effort to streamline operations and focus on higher-growth segments. According to reports, the company is in the early stages of reviewing strategic options for its food assets,......
Morocco’s national railway operator ONCF has introduced a special transport plan for Eid al Fitr 1447 and the end of the school holiday period, expanding rail service across the country from March 17 to March 29, 2026. The company said the temporary schedule is designed to manage higher passenger......
French fragrance brand Adopt has launched in Morocco with three store openings in March, marking a new step in its international expansion and bringing its accessible perfume model to a fast-growing beauty market. The company said it would open at Sela Park Almaz on March 11, Tachfine Center on March......
Salesforce announced the largest accelerated share repurchase ever executed by a company, committing 25 billion dollars to buy back its own stock as part of a broader 50 billion dollar repurchase program approved earlier this year. The company said it paid the 25 billion dollars to a consortium of major......
Discussions are reportedly underway for a major deal in the U.S. gaming industry, as Tilman J. Fertitta’s Fertitta Entertainment explores the possibility of acquiring Caesars Entertainment in a multibillion-dollar transaction. According to media reports citing sources familiar with the negotiations,......
Lenders have offered to inject £3.35 billion ($4.43 billion) of new equity into Thames Water, the United Kingdom’s largest water supplier, in a bid to stabilize the company and avoid temporary nationalisation, Sky News reported on Saturday. The proposal, submitted to the industry regulator......
Berkshire Hathaway Berkshire Hathaway Inc announced that its board of directors unanimously recommended rejecting a shareholder proposal requesting a report on the company’s workforce and human-capital oversight framework across its diverse operating businesses. In a proxy statement for its upcoming......
AXA Assurance Maroc has strengthened its executive team by appointing Samya El Kyas as Marketing and Brand Director. This appointment reflects the company’s ongoing strategy to enhance its brand positioning and drive a comprehensive transformation of its operations and customer engagement. Samya......
Turkish state-owned lender Halkbank has appointed the global consulting firm Ernst & Young to conduct an independent review of its compliance with international sanctions and anti-money laundering regulations. The decision follows an agreement reached with the United States Department of Justice......
Morocco’s national airline Royal Air Maroc has announced the temporary suspension of flights to and from Dubai and Doha until March 31, citing ongoing security concerns and disruptions affecting air traffic in the Middle East. In a statement, the airline explained that the decision was taken as......
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