Keywords: Economy
Alibaba Group reported a rise in quarterly revenue, driven by strong performance in its cloud computing and artificial intelligence divisions, alongside steady growth in its e-commerce operations. The Chinese technology giant posted a 3% increase in revenue for the fourth quarter, supported by expanding......
SK Innovation announced stronger-than-expected first-quarter profits while warning that the recovery of its refining business could take longer despite possible improvements in geopolitical conditions. The South Korean energy group, which owns SK Energy, stated that production and logistics operations......
Fouzi Lekjaa said Morocco’s economy continues to demonstrate resilience despite mounting international instability and rising energy prices, as the government projects economic growth above 5.3% in 2026. Speaking before the House of Councillors in Casablanca, the minister said the first four months......
German Chancellor Friedrich Merz urged the country to “pull itself together” during a tense address to trade union representatives in Berlin, warning that Germany risks falling behind in an increasingly competitive global economy. The speech, delivered at a national union congress, was met......
A senior South Korean presidential aide has suggested that part of the extraordinary profits generated by the country’s semiconductor boom could be shared more broadly across society, as the rapid growth of the artificial intelligence sector reshapes the national economy. Kim Yong-beom, senior......
European stock markets showed limited movement on Monday as investors closely monitored ongoing tensions between the United States and Iran, which continue to affect global energy markets and financial sentiment. The pan-European STOXX 600 index remained broadly stable, while major regional markets......
The French government has asked the Inspection Générale des Finances to evaluate the economic consequences of extending the current national budget into 2027 if Parliament fails to approve a new finance law on time. According to officials from French Ministry of Economy and Finance, the......
Toyota Motor Corporation has reported a significant decline in annual net profit, citing the impact of American tariffs, geopolitical instability in the Middle East, and rising raw material costs. The Japanese automotive giant announced that its net profit for the 2025–2026 fiscal year fell by......
Canada’s labor market showed renewed signs of weakness in April as the national unemployment rate climbed to its highest level in six months. The latest figures point to growing pressure on the economy amid trade tensions, slowing business confidence, and global economic uncertainty. According......
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