Economy
Central banks around the world are expected to gradually reduce the share of the US dollar in their foreign exchange reserves over the next decade, marking a significant shift in global reserve management strategies, according to a recent survey conducted by financial think tank OMFIF. The study suggests......
Morocco has reinforced its status as one of the world's leading automotive manufacturing centers, becoming Renault Group’s second-largest production hub after France. Supported by modern infrastructure, an expanding supplier network, and strategic access to international markets, the country......
The Indian rupee is expected to remain under pressure against the U.S. dollar over the coming months, despite recent policy measures by the Reserve Bank of India (RBI) aimed at attracting foreign capital and strengthening the country's external position. According to a Reuters survey of currency......
Ireland attracted commitments for 10,400 new jobs from foreign multinational companies during the first six months of 2026, reflecting continued investor confidence despite recent challenges in the global technology sector. The figures, released by IDA Ireland, show a modest increase from the 10,000......
A coalition of leading financial and technology companies, including Visa, Mastercard, Coinbase, and more than 140 other partners, has announced the launch of a new US dollar-backed stablecoin designed to expand the use of digital assets in global commerce and cross-border payments. The new stablecoin,......
Global personal wealth experienced its strongest annual growth in years during 2025, with nearly one million people joining the ranks of millionaires as rising financial markets and stronger asset values fueled a sharp increase in household wealth, according to the latest UBS Global Wealth Report. The......
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......
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