Keywords: Business
British retailer JD Sports Fashion has sold its entire stake in Applied Nutrition in a transaction valued at approximately $66.5 million, marking a strategic shift in its investment portfolio. The company offloaded its 9.1% shareholding through a secondary share placing, selling millions of shares at......
British recruitment firm Hays has reported a decline in its net fees for the third quarter, reflecting continued weakness in hiring demand, particularly in Germany, its largest market. The company recorded an 8% drop in net fees, highlighting the ongoing challenges faced by the recruitment sector across......
Apple is advancing its push into local advertising while expanding enterprise tools. Recent developments show that ads in Apple Maps are nearing a public launch, while a new unified platform, Apple Business, is now available globally. The moves signal a broader strategy to strengthen Apple’s position......
Morocco hosted the sixth edition of “La Secret Destination,” an experiential event designed for French MICE industry leaders. The concept, developed by The MICE Expert and organized by KTI Voyages in partnership with the Office National Marocain du Tourisme, brought around 100 decision makers......
Visa, Zazu, and Chari have introduced a fully digital business account for entrepreneurs and small companies in Morocco, marking a shift toward faster and more accessible financial services for SMEs. The solution allows users to open a professional account online in about 10 minutes, removing the paperwork......
A Kenyan court on Thursday dismissed a legal attempt to block Diageo’s $2.3 billion sale of its local subsidiary, East African Breweries Limited, to Japanese brewer Asahi Holdings. The London-listed company, known for brands such as Johnnie Walker whisky and Captain Morgan rum, announced the sale......
The upcoming leadership election of the Confédération générale des entreprises du Maroc (CGEM) is shaping up as a non-competitive process, with a single candidate ticket officially registered before the deadline. The duo of Mehdi Tazi and Mohamed Bachiri stands as the only......
South Africa’s private sector showed signs of recovery in March, returning to growth after a period of stagnation, according to the latest Purchasing Managers’ Index (PMI) data. The PMI rose slightly above the neutral 50 mark, indicating expansion, as increased output and hiring supported......
Canada’s services sector has continued to weaken, reflecting the impact of global uncertainty and rising operational costs. According to recent data, business activity declined for a fifth consecutive month, although the pace of contraction showed slight signs of easing. The slowdown has been......
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