Economy
The Moroccan Capital Market Authority (AMMC) has approved a prospectus related to a capital increase by Sanlam Maroc as part of its planned merger through the absorption of Allianz Maroc, according to an official statement released on Monday. The operation involves the issuance of 1,225,000 new shares,......
Spain’s competition authority has launched an investigation into the country’s major listed banks over suspected anti-competitive practices in the mortgage market. The inquiry focuses on whether public statements made by banking executives may have influenced competition among lenders. According......
Canadian housing activity showed signs of recovery in May, as home sales increased by 5.5% compared with April, according to data released by the Canadian Real Estate Association (CREA). The rebound comes after a relatively slow start to the spring season, which is traditionally one of the busiest periods......
The French government has announced that payments for its “heavy drivers” fuel assistance scheme will begin on Wednesday, following delays caused by a high volume of applications. The measure aims to support households heavily dependent on car travel amid rising fuel prices linked to global......
Germany’s economic recovery is expected to remain modest in the coming years, as rising energy costs linked to geopolitical tensions continue to weigh on inflation and household spending, according to a new forecast from the RWI economic institute. The institute projects that Germany’s gross......
The African Development Bank (AfDB) and the World Bank have agreed to deepen their cooperation in addressing Africa’s most pressing economic challenges, following a high-level meeting held in Abidjan. The strengthened partnership aims to improve research coordination and support more effective......
The United States Supreme Court has declined to hear a legal challenge brought by retail giant Macy’s against a federal labor ruling that required compensation for employees dismissed during a labor dispute. The decision effectively leaves in place previous court rulings supporting the authority......
Morocco’s industrial sector experienced a challenging start to 2026, with overall production declining during the first quarter despite strong performances in several strategic industries, according to recent data released by the High Commission for Planning (HCP). The country’s manufacturing......
Fuel prices in France continue to decline at petrol stations, confirming a downward trend that has been observed over recent weeks after months of volatility in global energy markets. The gradual easing of prices comes as international oil markets stabilize following periods of geopolitical uncertainty......
The Swiss National Bank (Swiss National Bank) is expected to maintain its key policy rate at 0% in the coming months and potentially through 2027, according to a Reuters poll of economists. All surveyed analysts expect the SNB to keep interest rates unchanged at its upcoming policy meeting on June 18,......
The United States Trade Representative Jamieson Greer is scheduled to visit India on June 23–24 for high-level discussions aimed at advancing ongoing trade negotiations between Washington and New Delhi. According to an Indian trade official, the visit will focus on finalizing the details of an......
European Central Bank policymaker Joachim Nagel has cautioned that inflationary pressures in the Eurozone are likely to remain elevated even if the Strait of Hormuz reopens in the near term, highlighting the ongoing risks linked to global energy markets. Nagel noted that any improvement in oil supply......
The Moroccan Capital Market Authority (AMMC) has granted its approval for the prospectus related to a capital increase by Crédit du Maroc, marking an important step in the bank’s planned equity operation. According to the regulator, the capital increase was previously authorized by the......
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