Economy
HSBC has warned that a sustained appreciation of the US dollar could become one of the most significant risks facing global financial markets during the second half of the year, potentially triggering sharp declines in higher-risk assets and reshaping investor strategies worldwide. In a recent research......
Europe’s chemical industry is facing mounting pressure as persistently high energy prices continue to erode its competitiveness in global markets. Industry leaders warn that without decisive action to improve the business environment, energy-intensive manufacturers could increasingly relocate production......
The Strait of Gibraltar is emerging as one of the world's most strategically important trade corridors, with Morocco strengthening its position as a leading logistics hub while China expands its economic footprint through infrastructure and industrial investments. These developments are reshaping......
A new report from global investment bank Morgan Stanley highlights a major shift in the energy storage sector, driven by the rapid development of low-cost sodium-based battery technologies that could redefine global energy systems in the coming decades. The report indicates that sodium-ion batteries,......
Unemployment benefits in France will not be increased on July 1, after a vote within the country’s unemployment insurance body, Unédic, ended in a deadlock, according to an announcement made on Tuesday. The decision follows a board meeting in which votes in favor of a revaluation of benefits......
Canadian equity futures edged higher on Tuesday, pointing to a positive market open and setting the stage for what would be the eighth consecutive quarterly gain for Canada’s main stock benchmark, supported by commodities and easing geopolitical tensions. Futures on the S&P/TSX Composite Index......
The UK’s FTSE 100 edged higher on Tuesday and was set to extend its winning streak to a sixth consecutive quarterly gain, as investor sentiment improved on optimism surrounding a potential ceasefire in the Middle East. The blue-chip index rose around 0.5% by 09:04 GMT, supported by strong performances......
European Central Bank (ECB) policymakers have cautioned that inflationary pressures in the eurozone are likely to persist despite a recent decline in global oil prices, underscoring ongoing uncertainty about the trajectory of monetary policy in the region. Speaking at the ECB Forum in Sintra, Portugal......
Global personal wealth recorded its strongest annual expansion in several years during 2025, creating nearly one million new U.S. dollar millionaires as financial markets delivered robust returns, according to the latest UBS Global Wealth Report. The Swiss banking group reported that total global personal......
France has decided to prolong its nationwide summer sales campaign by an additional week after exceptionally high temperatures discouraged consumers from visiting physical stores, providing retailers with extra time to recover lost business. The extension will keep the annual discount period running......
Global spending on fossil fuel subsidies is expected to rise again in 2026, reaching an estimated $1.1 trillion, according to a new United Nations report. The increase reflects growing government efforts to shield households and businesses from volatile energy prices amid continuing geopolitical tensions......
Global airlines are expected to face a significant increase in carbon compliance costs over the next decade as demand for carbon credits continues to outpace supply. Industry estimates suggest that cumulative spending on carbon offsets could exceed $127 billion between 2024 and 2035, placing growing......
Morocco has attracted international attention with its "Visit Morocco" campaign displayed on the iconic Sphere in Las Vegas, becoming one of the first countries to use the world-famous venue as a platform to promote its tourism brand. The campaign quickly gained momentum beyond its original......
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