Economy
Shares of Italian tyre manufacturer Pirelli came under pressure on Thursday after U.S.-based investment research firm Grizzly Research announced that it had taken a short position in the company and questioned the extent of its exposure to the Russian market. The development triggered a sharp reaction......
The recent decline in cryptocurrency markets has been driven primarily by weakening institutional demand rather than isolated corporate transactions, according to market analysis attributed to Citigroup. The bank’s assessment points to sustained outflows from Bitcoin exchange-traded funds as the......
The Indonesian rupiah fell to a historic low against the US dollar on Thursday, crossing the important psychological threshold of 18,000 rupiah per dollar. Despite efforts by Bank Indonesia to stabilize the national currency, the exchange rate weakened further, reflecting growing pressure on the country's......
Bitcoin slipped below the 66,000 dollar level this week, reigniting concerns among market observers over the strength of its current support zone. The cryptocurrency traded around 66,280 dollars on Wednesday morning after briefly touching an intraday low near 65,708 dollars. The move placed renewed focus......
Ray Dalio has warned that the rapid rise in artificial intelligence investments shows clear characteristics of a financial bubble. The founder of Bridgewater Associates drew parallels with the dot-com crash of 2000, arguing that current market conditions reflect the same patterns of excessive optimism......
Indian energy company Nayara Energy has announced the successful completion of a scheduled maintenance and modernization program at its Vadinar refinery in the western state of Gujarat, marking an important step in strengthening the country’s refining capabilities. The Vadinar facility, one of......
The artisan sector in Morocco has undergone a major structural shift with the creation of 272 professional corporations across the country under the framework of law 50.17. The initiative aims to formalize craft activities, improve organization within trades, and strengthen professional representation......
The Eurasian Economic Commission and Morocco have moved to reinforce their economic partnership during high-level talks held in Moscow. The meeting brought together Daniyar Imanaliev, minister responsible for integration and macroeconomics within the commission, and Morocco’s ambassador to Russia,......
Morocco has reinstated a temporary import duty on soft wheat as authorities move to protect domestic production following a strong agricultural season. The measure targets soft wheat and related derivatives and applies during the peak harvest period. The Customs and Indirect Tax Administration confirmed......
Bitcoin dropped to its lowest level in four months on Tuesday as selling pressure intensified across global crypto markets. The asset fell as much as 7 percent, briefly touching 65,707 dollars, marking its weakest point since early April. The decline unfolded during Asian and European trading sessions......
Evangelos Marinakis told shipping executives that paying Iran a transit fee of 100,000 to 200,000 dollars per vessel would be preferable to a prolonged closure of the Strait of Hormuz. He delivered the remarks at an industry forum in Athens held during a major maritime gathering. He argued that a predictable......
The Moroccan automotive market continued its upward trajectory in May 2026, confirming sustained demand across both private and commercial segments. A total of 23,037 new vehicles were sold during the month, marking a 2.8 percent increase compared with the same period in 2025. Over the first five months......
In Casablanca Morocco, mobile payments expanded sharply over the past year as digital financial services gained wider adoption across consumers and businesses. Total transaction value reached MAD 3.9 billion, more than doubling compared with previous levels. The number of operations increased from 9.7......
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