Economy
A Moroccan green ammonia project has received a new boost after the United States Trade and Development Agency (USTDA) approved a $5.7 million grant to support preliminary engineering studies, strengthening Morocco's ambitions to develop a competitive green hydrogen industry and attract international......
Visa is reportedly preparing to eliminate around 2,600 positions as part of a broader restructuring plan aimed at improving operational efficiency and redirecting investment toward areas with stronger growth potential, according to an internal memo cited by Bloomberg. The planned workforce reduction......
Apple has reached a new milestone in global financial markets after its market capitalization surpassed $5 trillion during Tuesday's trading session, making it only the second publicly listed company in history to reach that level after Nvidia. The achievement was supported by a strong rise in Apple's......
India's largest oil refiner, Indian Oil Corporation (IOC), is exploring the acquisition of stakes in very large gas carriers (VLGCs) as part of a strategy to strengthen its logistics capabilities and prepare for increased imports of liquefied petroleum gas (LPG) from the United States. According......
Morocco has emerged as a potential destination for future U.S. liquefied natural gas (LNG) exports following a strategic authorization granted by the U.S. Department of Energy to Argent LNG, highlighting the North African kingdom’s efforts to diversify its energy partnerships and strengthen the......
Billionaire entrepreneur Elon Musk has raised concerns over the United States' worsening fiscal outlook, warning that the continued growth of public debt could pose a serious threat to the country's economic stability. He argued that large-scale adoption of artificial intelligence and robotics......
The U.S. Treasury Department has removed 84 individuals and entities from its sanctions lists as part of a broader effort to modernize the programs and reduce unnecessary compliance burdens on financial institutions. The latest round of removals follows a comprehensive review launched by Treasury Secretary......
Shares of SpaceX remained under pressure on Monday as investors continued to sell the stock ahead of the company's upcoming quarterly earnings report. The decline reflects growing uncertainty over the company's future strategy and its ability to maintain investor confidence following a sharp......
Brazilian President Luiz Inácio Lula da Silva has criticized new US tariffs imposed on Brazilian goods, describing the measures as unfair and warning that they could damage bilateral relations between the two countries. In an opinion article published by The Washington Post on Sunday, Lula argued......
India has reaffirmed its commitment to negotiating a bilateral trade agreement with the United States, despite the Trump administration's decision to impose new tariffs on imports from the South Asian country. The announcement came after Washington introduced a 10% tariff on Indian goods as part......
The United States labor market has once again demonstrated remarkable resilience against ongoing macroeconomic pressures. Weekly initial jobless claims experienced a sharp decline during the week ending July 18, reaching their lowest levels in decades. This unexpected performance highlights the sustained......
Electric vehicle manufacturer Tesla has successfully mitigated severe production constraints thanks to a key supply partnership with memory chipmaker Micron Technology, Chief Executive Officer Elon Musk revealed during the company’s quarterly earnings call. Addressing investors, Musk highlighted......
Shares of American Airlines Group Inc. took a severe beating on Wall Street on Thursday, falling nearly eight percent to close at $13.62 after the carrier cut its full-year profit outlook for the second time this year. The sharp market reaction underscores the growing strain that elevated jet fuel prices......
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