Economy
Indian e-commerce platform Meesho reported a sharp reduction in its quarterly losses, supported by strong growth in order volumes, rising revenues, and improved operating margins. Strong growth in orders and revenue During the fourth quarter, Meesho recorded significant expansion in its business activity,......
Morocco's automotive sector exports reached approximately MAD 42 billion, equivalent to $4.57 billion, by the end of March 2026, a 12.1 percent increase compared to the same period in 2025, according to the latest monthly external trade indicators released by the Foreign Exchange Office. The performance......
Eli Lilly and Company has announced a new $4.5 billion investment in its manufacturing operations in the state of Indiana, reinforcing its long-term commitment to expanding production capacity in the United States. Major expansion in Indiana The additional funding will be allocated across two of the......
UK financial and legal regulators have launched a joint review of the claims-management sector following concerns about unfair practices affecting consumers seeking compensation. Regulators step in The Financial Conduct Authority (FCA), together with the Solicitors Regulation Authority, announced an......
Canadian retail giant Loblaw Companies reported weaker-than-expected first-quarter revenue on Wednesday, missing analysts’ forecasts as consumers reduced spending amid growing economic uncertainty. Revenue falls short of expectations The company posted quarterly revenue of C$14.48 billion (approximately......
Electric vehicle registrations rose sharply across Western Europe in April 2026, with several countries recording record or near-record battery electric vehicle market shares as consumers increasingly turned away from combustion-engine cars amid fuel price surges driven by the ongoing conflict in the......
Italy’s competition authority has launched investigations into the Italian operations of food delivery platforms Glovo and Deliveroo over alleged misleading claims regarding the treatment of delivery riders. The probe also involves Glovo’s parent company Delivery Hero SE, which controls......
India aims to reach $25 billion in bilateral trade with Vietnam by 2030, according to Prime Minister Narendra Modi, following high-level talks in New Delhi with Vietnamese President To Lam. The announcement was made during President To Lam’s first official visit to India, marking a new phase in......
Wage growth in the eurozone remains broadly stable, according to the latest data from the European Central Bank (ECB), which showed little change in negotiated salary trends since the start of the conflict involving Iran. The ECB wage tracker indicated that negotiated wage growth is expected to remain......
Morocco has inaugurated a new industrial production unit dedicated to fiberglass-reinforced pipes, marking a concrete step in the country's drive to reduce dependence on imported materials for its water infrastructure and key industrial sectors. The FlowPipe facility, located in Mohammedia, was launched......
Morocco's capital markets delivered an uneven performance in the first quarter of 2026, with March trading activity picking up sharply even as several key indicators remained in negative territory for the year. The contrast between rising transaction volumes and declining valuations reflects cautious......
Michael Saylor told investors on Tuesday that Strategy could sell Bitcoin under certain conditions, marking a notable departure from the company's long-standing accumulation-only posture. The comments came during a first-quarter 2026 earnings call that revealed a net loss of $12.54 billion, driven......
China's decision to eliminate import duties on goods from 53 African countries, effective May 1, has handed Morocco's argan oil industry a direct route into one of the world's largest consumer markets. Producers in the country's arid southwest are positioning the sector for what they......
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