Economy
Brazil’s economy is expected to have recorded stronger growth during the first quarter of 2026, supported mainly by improved industrial activity and resilient performance in the services sector. Economic analysts forecast that the country’s Gross Domestic Product (GDP) expanded more rapidly......
Hormel Foods reported stronger-than-expected quarterly results on Thursday, driven by sustained demand for protein-rich food products, particularly chicken and turkey. The U.S.-based food company, known for brands such as Skippy peanut butter, exceeded analysts’ expectations for both sales and......
European Union regulators have launched a full-scale investigation into Chinese e-commerce giant JD.com’s planned acquisition of German electronics retailer Ceconomy, raising concerns over potential foreign subsidies influencing the deal. The proposed transaction, valued at approximately $2.5......
The Canadian Imperial Bank of Commerce (CIBC) reported an increase in its quarterly profit, driven mainly by strong performance in its capital markets division, according to its latest financial results released on Thursday. The bank benefited from improved activity in trading, advisory services, and......
Norwegian oil and gas companies have revised their investment expectations upward for the years 2026 and 2027, according to a recent quarterly industry survey. Despite this revision, overall spending is still projected to remain below the record levels achieved in 2025. The survey shows that the country’s......
Consumer confidence in Italy improved in May after several months of decline, according to data released by the national statistics institute ISTAT. However, business sentiment weakened, reaching its lowest level in eight months, highlighting mixed signals for the eurozone’s third-largest economy. The......
French tyre manufacturer Michelin is considering a voluntary workforce reduction plan in France that could lead to the elimination of up to 1,500 jobs over the next three years, according to the company. The proposal is part of a broader effort to adapt the company’s operations to changing market......
Investors in Deutsche Bank have called on the German financial institution to maintain strict control over its operating costs during its annual shareholder meeting held on Thursday. The appeal comes as the bank continues to navigate a competitive and uncertain global financial environment. The meeting,......
China has confirmed that it is currently engaged in negotiations with the European Union regarding new restrictions imposed on duty-free steel imports. According to a spokesperson from China’s Ministry of Commerce, the discussions are taking place under the framework of the World Trade Organization......
U.S. energy giant Chevron has officially submitted a request to acquire a 70% stake in an offshore exploration block located west of Greece, according to the Greek Ministry of Energy. The stake is currently held by the Greek energy company Helleniq Energy, one of the country’s leading players......
Bank Of Africa (BOA) has been named Best Bank in North Africa during the 2026 edition of the African Banker Awards held in Brazzaville. The prestigious awards recognize the leading institutions and personalities that have contributed to the growth and development of Africa’s banking and financial......
Britain’s Competition and Markets Authority (CMA) has cleared the proposed $3.4 billion joint venture between Brazilian pulp producer Suzano and U.S.-based consumer goods company Kimberly-Clark, removing a major regulatory obstacle for the deal. The British watchdog confirmed that the agreement......
Maroc PME is preparing a large-scale national roadshow across Morocco’s twelve regions as part of the implementation of the new TPME Pact, an ambitious program designed to strengthen and modernize very small and medium-sized enterprises. Following its official presentation in Rabat in April, the......
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