Economy
Banque Populaire has expanded its support network for very small businesses with the opening of a new Al Moukawil Chaabi center in Tangier, marking its second facility after Marrakech. The initiative targets small entrepreneurs, traders, and artisans across Morocco, as the group moves to bring services......
The United Kingdom’s main stock index, the FTSE 100, closed slightly lower on Friday as weakness in utilities and mining stocks weighed on overall market performance. The index slipped as investors reacted to pressure across several sectors, particularly utilities, which declined following reports......
A group of senior policymakers and economists has renewed concerns about the long-term strength of the US dollar as the world’s primary reserve currency, pointing to shifting capital flows, policy risks, and weakening global confidence. Janet Yellen, speaking at an investment summit hosted by......
The French rail giant Alstom saw its shares tumble sharply on the Paris stock exchange, dropping by more than 30% shortly after trading opened on Friday. The dramatic decline followed the company’s announcement of revised financial targets, largely driven by ongoing delivery delays affecting its......
The city of Casablanca is set to host the inaugural edition of MAB Expo, a new trade fair dedicated to professionals in the woodworking and aluminum sectors. Scheduled from April 24 to 26 at the ICEC exhibition park, the event aims to bring together key players in a rapidly evolving industry. Organized......
The world’s largest oil and gas companies, along with major producing states, are on track to generate an additional $234 billion in profits by the end of 2026 if crude prices remain around $100 per barrel. The projection, based on data from Rystad Energy, reflects how the conflict linked to Iran......
A potential escalation of conflict involving Iran could drive an additional 60 million people into acute food insecurity, according to World Bank chief economist Indermit Gill. The warning comes as global economic shocks from the conflict begin to ripple across energy, agriculture, and trade systems. Gill......
Spain has renewed its call for greater joint debt issuance at the European Union level, arguing that a shared borrowing strategy could significantly reduce financing costs and ease pressure on taxpayers. Spanish Minister of Economy, Trade and Business Carlos Cuerpo made the proposal during a conference......
Europe will face elevated natural gas prices for years, even under the most optimistic scenario, the EU’s energy chief has warned, citing extensive damage to production infrastructure in the Gulf during the war involving Iran. The disruption has already tightened global supply and driven sharp......
The Bank of New York Mellon (BNY) reported an increase in first-quarter profit on Thursday, supported by strong fee income and higher interest revenues, according to its latest financial statement. As the world’s largest custodian bank, BNY benefits significantly from managing and safeguarding......
A fire at a major Australian refinery has intensified fuel supply pressures across Asia, as regional markets already strain under disruptions linked to the Middle East conflict. At the same time, Japanese refiners are resorting to complex offshore oil transfers to secure crude supplies while avoiding......
France’s competition authority has imposed fines totaling €12.7 million on the trade association Synadis Bio and subsidiaries of major retailers Carrefour and Intermarché over an illegal agreement involving the sale of organic products. The regulator found that the parties engaged......
Asian stock markets rose sharply on Thursday as investors reacted to renewed expectations of diplomatic progress between the United States and Iran. The surge pushed Japan’s benchmark Nikkei 225 beyond its previous closing record during intraday trading, reflecting growing confidence across regional......
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