Economy
French spirits group Rémy Cointreau has reported a sharp decline in its annual net profit, falling by 35% for its 2025–2026 fiscal year, as the company faces increasing pressure from international tariffs and higher production costs. The company attributed the downturn to additional import......
David Hoffman, cofounder of Bankless, sold all of his ether holdings in mid May after years of public support for Ethereum. The move marked a clear break from one of the most visible long term advocates of the asset. He confirmed the decision through public statements and later interviews, drawing attention......
Vietnam’s foreign ministry has responded to recent remarks from the United States Trade Representative (USTR), stating that its assessment regarding the country’s alleged shortcomings in preventing trade linked to forced labour does not fully represent Vietnam’s ongoing efforts. Officials......
Gold prices rose slightly in Asian trading on Thursday as the US dollar softened, with investors reassessing the outlook for diplomacy between Washington and Tehran. The move followed a period of tight trading, with gold hovering near 4,485 dollars per ounce earlier in the week amid volatile geopolitical......
The city of Fes will host an international conference in November dedicated to the social and solidarity economy, bringing together researchers, experts, and policymakers to discuss its evolving role in Africa and around the world. Scheduled for November 27 and 28, the event will focus on the theme......
Shares of Italian tyre manufacturer Pirelli came under pressure on Thursday after U.S.-based investment research firm Grizzly Research announced that it had taken a short position in the company and questioned the extent of its exposure to the Russian market. The development triggered a sharp reaction......
The recent decline in cryptocurrency markets has been driven primarily by weakening institutional demand rather than isolated corporate transactions, according to market analysis attributed to Citigroup. The bank’s assessment points to sustained outflows from Bitcoin exchange-traded funds as the......
The Indonesian rupiah fell to a historic low against the US dollar on Thursday, crossing the important psychological threshold of 18,000 rupiah per dollar. Despite efforts by Bank Indonesia to stabilize the national currency, the exchange rate weakened further, reflecting growing pressure on the country's......
Bitcoin slipped below the 66,000 dollar level this week, reigniting concerns among market observers over the strength of its current support zone. The cryptocurrency traded around 66,280 dollars on Wednesday morning after briefly touching an intraday low near 65,708 dollars. The move placed renewed focus......
Ray Dalio has warned that the rapid rise in artificial intelligence investments shows clear characteristics of a financial bubble. The founder of Bridgewater Associates drew parallels with the dot-com crash of 2000, arguing that current market conditions reflect the same patterns of excessive optimism......
Indian energy company Nayara Energy has announced the successful completion of a scheduled maintenance and modernization program at its Vadinar refinery in the western state of Gujarat, marking an important step in strengthening the country’s refining capabilities. The Vadinar facility, one of......
The artisan sector in Morocco has undergone a major structural shift with the creation of 272 professional corporations across the country under the framework of law 50.17. The initiative aims to formalize craft activities, improve organization within trades, and strengthen professional representation......
The Eurasian Economic Commission and Morocco have moved to reinforce their economic partnership during high-level talks held in Moscow. The meeting brought together Daniyar Imanaliev, minister responsible for integration and macroeconomics within the commission, and Morocco’s ambassador to Russia,......
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