News
British luxury carmaker Aston Martin has secured £550 million ($735.57 million) in new debt financing as the company strengthens its financial position and continues efforts to support its long-term growth strategy. The financing package is being led by funds managed by HPS Investment Partners,......
Global shipping giant Maersk has suspended operations through Ukraine's Chornomorsk Fishing Port following a new wave of Russian attacks targeting maritime infrastructure and export routes, highlighting renewed risks for commercial activity in the Black Sea. The Danish shipping company confirmed......
United Spirits, the Indian subsidiary of Diageo, delivered a sharp increase in first-quarter earnings as consumer demand for premium alcoholic beverages continued to strengthen, reinforcing the company's focus on higher-value brands in one of the world's fastest-growing spirits markets. The......
Every July 30, the Kingdom of Morocco celebrates the Throne Day, one of the most emblematic national commemorations in its contemporary history. While this day is now associated with the Throne Speech, official ceremonies, and festivities organized throughout the country, its origins date back to a pivotal......
The luxury perfume house Amouage continues to expand its Secret Garden collection with the launch of Love Hibiscus, a new fragrance that explores a contemporary vision of femininity through an unprecedented dialogue between floral and gourmand notes. Inspired by the landscapes of Oman and the childhood......
Panama is exploring the creation of a state-owned mining company as part of a new strategy to restart operations at the Cobre Panama copper mine, a project that has remained idle since a landmark court ruling halted production in 2023. According to sources familiar with the discussions, the proposed......
Saudi Arabian low-cost carrier Flynas has significantly expanded its long-term fleet strategy by placing a new order for 25 additional Airbus aircraft, reinforcing its ambitions to capitalize on accelerating passenger demand across Saudi Arabia and international markets. The latest agreement raises......
The holding company that controls the Giorgio Armani fashion empire reported a sharp increase in profitability for 2025, delivering its first annual financial results since the death of founder Giorgio Armani. The figures highlight the group's financial resilience while revealing ongoing legal and......
Italy will introduce its planned tax on low-value imported parcels in addition to a new European Union customs charge, creating a combined levy on small shipments entering the country from outside the bloc. Economy Minister Giancarlo Giorgetti confirmed the government's approach during a parliamentary......
2M officially opens applications for the 8th edition of the Tilila Awards, now an essential event for communication professionals committed to inclusion and the fight against stereotypes. This new edition marks a significant evolution of the competition with a repositioning of its identity, the introduction......
U.S. President Donald Trump has intensified Washington's rhetoric toward Iran by declaring that the United States would retaliate against key Iranian infrastructure if commercial or military vessels are attacked in the Strait of Hormuz, a vital corridor for global energy shipments. The warning marks......
Turkey's competition regulator has approved the proposed merger between Italian engineering group Saipem and Norwegian offshore energy specialist Subsea7, providing another regulatory endorsement for one of the energy industry's largest planned consolidations. The authorization removes a key......
The European Union is preparing to revisit its airline ownership framework in a move that could reshape cross-border investment in the aviation industry and complicate ongoing takeover efforts involving one of Europe's largest low-cost carriers. According to an EU official, the review is expected......
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