Economy
South African authorities have confirmed that a minor radioactive contamination event occurred during scheduled maintenance at the Koeberg Nuclear Power Station, stressing that the incident posed no risk to the public and did not compromise the country's nuclear safety standards. The announcement......
A major shift in textile waste management has come into force across the European Union, with new rules banning large companies from destroying unsold clothing, fashion accessories and footwear. The measure aims to reduce waste and encourage the industry to adopt more sustainable practices. Effective......
Sanlam Emerging Markets has increased its ownership of Sanlam Maroc to 88.63% following a capital increase linked to the merger by absorption of Allianz Maroc. The transaction marks another step in the group's strategy to consolidate its position in Morocco's insurance market after integrating......
Morocco’s citrus sector is reinforcing its position in international markets after delivering stronger production and export performance during the 2025–2026 campaign. Despite persistent water shortages, rising logistics costs and intensifying global competition, the industry continues to......
ICICI Bank reported a robust increase in first-quarter profit, surpassing market expectations as strong loan demand and lower provisions for potential bad loans boosted earnings. The results reinforce the strength of India's banking sector, where healthy credit growth and improving asset quality......
(TIM) said its board of directors has unanimously approved the voluntary public tender and exchange offer launched by Poste Italiane for all outstanding shares of the telecom operator. The decision marks a major step forward in one of the most significant transactions in the Italian telecommunications......
Moroccan financial technology company S2M has completed the first phase of its investment in U.S.-based Cub3Pay, acquiring a minority stake in the digital payments specialist as part of its strategy to expand its international footprint and strengthen its position in the rapidly growing fintech sector. The......
Moroccan tourism continues to expand in 2026, firmly establishing itself as one of the main drivers of economic growth in the Kingdom. Despite an international environment marked by geopolitical tensions, economic uncertainties, and disruptions in air travel, the sector is recording solid performances......
Netflix faced a sharp decline in its share price after releasing its second-quarter 2026 financial results, despite reporting higher profits and continued revenue growth. Investors responded cautiously as the company's sales expanded at a slower pace than expected, raising concerns about future growth......
Global equity funds attracted fresh investor capital for the eighth consecutive week, reflecting continued confidence in financial markets as corporate earnings exceeded expectations and inflationary pressures showed further signs of easing. According to recent market data, global equity funds recorded......
JSW Steel, India’s largest steel producer, reported stronger-than-expected quarterly earnings on Friday, benefiting from improved domestic steel prices and stable production volumes despite rising raw material costs. The Mumbai-based company posted consolidated net profit of 46.51 billion Indian......
The Financial Action Task Force (FATF) has warned that criminals are increasingly exploiting regulatory gaps in the virtual asset sector to move billions of dollars in illicit funds through cryptocurrencies, highlighting the growing complexity of financial crime in the digital economy. In its latest......
Morocco's exports to the European Union reached €2.5 billion in May 2026, reflecting a modest increase compared with the same month last year, according to the latest trade figures released by Eurostat. Imports from the EU stood at €2.8 billion, underscoring the strength of the long-standing......
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