Economy
Turkey’s chemical exports recorded a sharp shift in May 2026, with Morocco rising to fourth place among the sector’s main destinations. The North African country moved ahead in the ranking behind Spain, Italy, and the Netherlands, marking a significant change in trade flows. Export volumes......
Morocco plans to establish a maritime navigation control center along the Atlantic corridor between Tarfaya and Laâyoune. The project aims to strengthen oversight of international shipping routes and improve maritime safety in the southern Atlantic zone, an area that sees heavy vessel traffic linking......
STMicroelectronics shares rose after Bank of America Securities upgraded the Franco-Italian semiconductor group from neutral to buy and raised its price target to 86 euros. The new valuation marks a record level among recent analyst forecasts and reflects renewed confidence in the company’s earnings......
The European Central Bank is preparing to raise interest rates for the first time in nearly three years as inflationary pressures intensify across the eurozone. The move comes as policymakers respond to weakening growth and persistent price increases linked to energy market disruptions. The eurozone......
Italy's largest banking group, Intesa Sanpaolo, has approved the acquisition of a minority stake in insurance giant Generali as part of a broader financial strategy linked to a proposed takeover in the banking sector. The decision comes within the context of ongoing consolidation efforts in Italy's......
Eurozone GDP contracted by 0.2 percent in the first quarter of 2026 after a sharp downward revision of earlier estimates. The final figures show a significant shift from the initial flash estimate, which had indicated a 0.1 percent expansion. The revision marks the first quarterly contraction in the......
Italy’s national statistics institute ISTAT has revised downward its economic growth forecast for 2026, reflecting a more cautious outlook for the country’s economy. According to its latest semi-annual report, Italy’s gross domestic product (GDP) is expected to grow by 0.7% in 2026,......
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......
Grandi Navi Veloci has reinforced its maritime network linking Europe and Morocco by deploying two of its newest LNG-powered vessels on key Mediterranean routes. The move comes ahead of the summer travel peak linked to the annual operation facilitating mobility for millions of Moroccan residents in Europe......
Italy’s manufacturing sector continues to face increasing cost pressures, with production expenses rising for the fifth consecutive month in May, according to recent business survey data. The trend reflects ongoing challenges linked to global energy market volatility and broader geopolitical tensions. Manufacturers......
Consumer confidence in Italy improved in May after several months of decline, according to data released by the national statistics institute ISTAT. However, business sentiment weakened, reaching its lowest level in eight months, highlighting mixed signals for the eurozone’s third-largest economy. The......
Several European Union member states, including France, Italy, and Spain, are urging the European Union to reinforce and accelerate its trade defence mechanisms in response to what they describe as unfair competition from low-cost imports that threaten European industries. The initiative, also supported......
France, Italy, Spain, the Netherlands and Lithuania have jointly called for stronger European Union action against China’s trade practices, intensifying pressure on Brussels to adopt tougher tools to protect European industry. The coordinated stance adds momentum to a broader policy shift under......
