Keywords: Business
A delegation of Italian companies specializing in glass processing technologies visited Casablanca from May 4 to May 7 as part of an economic mission aimed at strengthening industrial cooperation between Morocco and Italy. The initiative was organized by ITA – ICE Agenzia in partnership with GIMAV......
Several major investors and food industry groups are reportedly competing to acquire the Asian restaurant business operated by Jardine Matheson, which manages KFC and Pizza Hut franchises across multiple Asian markets. Among the companies interested in the potential deal are The Carlyle Group and Yum......
British online fashion retailer ASOS has announced plans to sell its Lichfield fulfilment centre to rival retailer Marks & Spencer in a deal valued at approximately 66 million pounds, or nearly 90 million dollars. The transaction forms part of ASOS’s broader strategy to simplify its operations,......
British catering giant Compass Group has raised its profit guidance for 2026, supported by strong demand for workplace dining services and a growing number of new business contracts. The company, considered the world’s largest catering provider, announced that it now expects annual underlying......
Italian fashion house Giorgio Armani is reportedly considering splitting a 15% ownership stake into three equal parts, potentially involving major luxury players including LVMH Moet Hennessy Louis Vuitton SE, L'Oreal SA, and EssilorLuxottica SA. According to reports, the plan is linked to the long-term......
ABB India reported a fourth consecutive quarterly decline in profit as rising raw material prices, foreign exchange volatility, and higher operational expenses continued to pressure the company’s margins. The engineering and technology firm announced that profit from continuing operations fell......
Morocco has recorded more than 50,300 company creations through its DirectEntreprise digital platform since its launch, marking a significant milestone in the country's ongoing push to modernize its business environment through administrative digitalization. The figures, released by the Moroccan......
Indian jewellery giant Titan Company Limited reported quarterly earnings below market expectations as rising operational costs and higher gold prices weighed on profitability despite continued consumer demand. The company, which owns well-known jewellery brands such as Tanishq and CaratLane, announced......
Global asset manager BlackRock reported a decline in the valuation of its private credit portfolio, the BlackRock TCP Capital Corp, during the first quarter of 2026, reflecting ongoing pressures in parts of the credit market. According to its latest financial disclosure, the fund’s net asset value......
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