The European Central Bank (ECB) has expressed reservations بشأن the professional background of the candidate proposed to lead Monte dei Paschi di Siena (MPS), according to a source familiar with the matter. The concerns focus on whether the nominee has sufficient banking experience to head one of......
A large shipment of chocolate products has gone missing in Europe after thieves reportedly stole a truck carrying around 12 tons of KitKat bars, according to Nestlé. The truck, loaded with more than 400,000 chocolate bars from a newly launched product range, departed from central Italy with the......
Consumers in the euro zone were adjusting their expectations for inflation downward in the period leading up to the U.S.-Israeli conflict involving Iran, according to a survey by the European Central Bank (ECB) released on Friday. The survey showed that median inflation expectations over the next 12......
Finnish airline Finnair has announced a major step in modernizing its European operations by choosing Brazilian manufacturer Embraer over Airbus for its next generation of narrow-body aircraft. The carrier confirmed it will acquire 18 E195-E2 jets, with additional options that could significantly expand......
Brazilian pharmaceutical company EMS is seeking to expand its international presence following the acquisition of the Brazil-based Sanofi unit, Medley, for more than $500 million. The deal strengthens EMS’s leadership position in Latin America’s generics market and positions the company for......
As African nations and the United States gather in Luanda, Angola, for the US-Africa Business Summit, Morocco emerges as a central figure in advancing triangular cooperation and fostering deeper African integration. This leadership role, guided by King Mohammed VI, positions Morocco as a dynamic force......
Shenzhen JDD Tech New Materials, a prominent Chinese manufacturer of polymer components under the Junida brand, has announced plans to establish a production facility in Morocco focused on functional protective coatings for the automotive industry. This move marks the company’s expansion beyond......
The "Choose France" business summit this year is expected to attract €37 billion ($41.35 billion) in total investments, according to Finance Minister Eric Lombard. The event focuses on encouraging major international companies to invest in France, with €20 billion allocated to new......
Energean, a leading company in natural gas exploration and production across the Eastern Mediterranean, has officially entered the Moroccan market by securing two offshore exploration licenses in the Lixus and Rissana regions. This strategic move marks a northward shift in Energean’s operations......
AstraZeneca is relocating part of its manufacturing operations to the United States in response to the potential imposition of tariffs on pharmaceutical imports. Chief Executive Pascal Soriot reaffirmed the company’s strong commitment to expanding in the U.S., noting a 30% increase in first-quarter......
