Keywords: Growth
India’s JSW Steel reported a significant increase in quarterly profit, more than doubling compared to the same period last year, supported by recovering steel prices and strong market demand. The Mumbai-based steel producer benefited from improved pricing conditions in the global steel market,......
Morocco recorded a budget deficit of MAD 15.5 billion by the end of April 2026, widening from MAD 11.8 billion during the same period a year earlier as public spending continued to accelerate despite stronger tax collection. The latest public finance data showed that rising operating and investment expenditures......
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......
Alibaba reported fourth-quarter revenue of 243.38 billion yuan for fiscal year 2026, marking a 3 percent year-on-year increase but falling short of market expectations of around 246.5 billion yuan. The result highlights continued pressure from heavy investment in artificial intelligence infrastructure......
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......
Global banking group HSBC Holdings has raised its year-end target for the S&P 500 index, reflecting stronger-than-expected corporate earnings and continued optimism in U.S. equity markets. In its latest outlook, HSBC increased its forecast for the index to 7,650 points from 7,500, citing resilient......
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......
Logitech International CEO Hanneke Faber has announced plans to increase investment in research and development as well as marketing this year, despite growing concerns about a possible global economic slowdown linked to geopolitical tensions in the Middle East. The company, known for its computer peripherals......
American consumers are increasingly turning to hybrid vehicles as gasoline prices surge following geopolitical tensions linked to the conflict involving Iran. Recent industry data shows a clear shift in buying behavior as drivers look for more fuel-efficient alternatives. According to market research......
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