Economy
French household appliance manufacturer Groupe SEB has announced a global cost-saving plan that could lead to the elimination of up to 2,100 jobs worldwide, including around 500 positions in France, as part of a broader strategy to restore profitability and adapt to intensifying international......
British luxury carmaker Aston Martin has announced plans to reduce its workforce by around 20 percent as it faces mounting financial pressure linked to higher tariffs in key markets such as the United States and China, as well as broader economic uncertainty affecting the global automotive......
Japan is taking steps to mitigate the effects of newly imposed U.S. import tariffs, government officials said on Tuesday. Following the U.S. Supreme Court’s decision to strike down certain tariffs under the International Emergency Economic Powers Act (IEEPA), President Donald Trump applied a 15%......
The government of Japan has approved a five trillion yen (approximately $32 billion) emergency spending package aimed at cushioning households from surging food and energy costs, as inflationary pressures continue to weigh on consumers. Prime Minister Sanae Takaichi endorsed the measure following a......
Morocco’s olive canning sector is regaining momentum after two campaigns marked by drought. Driven by a national production estimated at nearly two million tonnes, the current season is giving fresh impetus to a strategic sector for the agri-food industry and exports. According to estimates relayed......
The National Office of Electricity and Drinking Water (ONEE) continues renewing its energy supply contracts with the awarding of a new contract to Afriquia SMDC for the provision of special fuel oil for the Tétouan gas turbine power plant. This award confirms the company’s recurring presence......
New global tariffs introduced by U.S. President Donald Trump officially came into force on Tuesday, marking a significant shift in Washington’s trade policy. The measure establishes a baseline 10% duty on a wide range of imported goods, with the president signaling that the rate could increase......
Preliminary data for 2025 published by Destatis highlight a strong acceleration in trade relations between Morocco and Germany, with total bilateral trade surpassing 7.3 billion euros for the first time. According to updated foreign trade statistics, commercial exchanges between......
Support for financing very small, small, and medium-sized enterprises (MSMEs) in Morocco has reached a new milestone. The European Union and the German development bank KfW have officially launched a guarantee mechanism equivalent to 1.5 billion dirhams to facilitate access to credit for the most vulnerable......
The U.S. dollar has surrendered part of its traditional crisis‑hedge appeal since 2024, according to a fresh ING study, even as global investors broadly continue to hold dollar assets. The bank’s research, released on Monday, concludes that the shift looks cyclical rather than a permanent loss......
European Central Bank president Christine Lagarde has come under renewed scrutiny after disclosing that she receives about 140,000 euros a year from the Bank for International Settlements for serving on its board, even though ECB staff rules prohibit employees from taking third‑party payments linked......
Oil prices retreated as traders weighed signs of progress in United States–Iran nuclear diplomacy against a fresh layer of uncertainty from President Donald Trump’s new across‑the‑board import tariffs. Brent crude futures slipped to around 71 dollars a barrel and US West Texas Intermediate......
U.S. President Donald Trump announced that he is increasing newly introduced global tariffs from 10% to 15%, with immediate effect, following a major ruling by the Supreme Court of the United States that curtailed parts of his trade policy. In a statement published on his social media platform, Trump......
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