Breaking 16:18 Iran authorizes limited Strait of Hormuz transit as tensions persist 16:00 AMD and Arm gain server CPU share as Intel slips 15:49 Streeting resignation triggers Labour leadership challenge against Starmer 15:39 Mediterranean navigation season disrupted by weather and fuel crisis 15:20 Ingredion explores $3.7 billion takeover of Tate & Lyle 15:19 Asteroid 2026 JH2 passes closer than satellites near Earth flyby 14:52 China’s Jiuzhang 4.0 quantum system sets photon record 14:44 Hackers claim sale of Mistral AI source code after supply chain attack 14:31 Meta ad revenue projected to hit $240 billion amid AI spending surge 14:18 Iran says Hormuz Strait remains open under naval coordination rules 13:59 Iran presses BRICS to condemn US and Israeli military campaign 13:47 Study warns compound climate extremes are accelerating beyond forecasts 13:36 Anthropic says Claude now writes most of the company’s code 13:20 Trump and Xi open Beijing summit with new trade council talks 13:19 OpenAI and Anthropic escalate rivalry with free coding AI offers 13:05 Webb telescope identifies earliest known primitive galaxy formation 12:45 Brazil’s Lula removes import tax on low-value online purchases from platforms like shein and temu 12:30 Temporary traffic changes in Casablanca for international marathon event on May 16–17 12:15 India's JSW Steel reports sharp profit surge on strong demand and price recovery 12:00 KNDS explores takeover of Mercedes and Volkswagen plants amid defence expansion push 11:45 Meta and Google fund US children’s groups amid rising concerns over social media risks 11:30 Cisco shares surge on strong revenue outlook and AI-driven restructuring 11:22 Donald Trump describes talks with Xi Jinping as “extremely positive and productive” 11:20 Oil holds above 100 dollars as Trump Xi talks begin in Beijing 11:15 Public service salaries for May to be paid early ahead of Eid al-Adha 11:06 Cerebras set for stock market debut amid global ai investment boom 11:00 Putin visit to China will take place very soon, Kremlin says 10:58 Tamwilcom launches strategic reform to strengthen support for TPME financing 10:58 Iran says control of Strait of Hormuz could double oil revenue 10:45 Canada webinar highlights investment opportunities in Morocco 10:34 Saudi desert truck convoys reshape global oil trade routes 10:30 Canadian home sales rise slightly in April while prices continue to ease 10:25 Morocco’s Royal Armed Forces mark 70 years of modernization, humanitarian work and strategic growth 10:16 NATO chief proposes 0.25% GDP pledge to fund Ukraine aid 10:15 France recognizes natural disaster status in 221 municipalities after floods and droughts 10:03 Pope Leo decries European military spending as “betrayal” of diplomacy 10:02 Huawei, JAC and Stellantis discuss Maserati electric vehicle venture 10:00 India proposes joint aircraft production with Morocco to boost ufll “Made in Morocco” aviation project 09:45 Ferretti Shareholders face board control battle between KKCG and Weichai 09:39 Volkswagen unveils first electric GTI at Nürburgring anniversary event 09:30 Aviva CEO calls for greater political stability in the United Kingdom 09:24 Apple suppliers surge as iPhone 17 production targets rise 09:15 Latvian Prime Minister Evika Siliņa announces resignation ahead of election 09:05 Al Barid Bank and Al Omrane deepen Morocco housing access partnership 09:00 Ukrainian court seeks pretrial detention for Former Zelensky adviser in corruption investigation 08:47 Morocco’s budget deficit widens as spending outpaces revenue growth 08:45 Taiwan says China represents the main threat to regional stability 08:33 Stellantis strengthens dominance in Morocco utility vehicle market 08:30 Philippine senate prepares impeachment trial for Vice President Sara Duterte 08:15 Ship seized near the United Arab Emirates and reportedly headed toward Iranian waters 08:15 Fast food boom raises health and cultural concerns in Morocco 08:00 UK regulator plans stronger oversight of private credit reporting 07:56 Morocco targets smarter trade through logistics and digital integration 07:45 UK police charge second suspect in former synagogue arson case 07:38 Morocco and Rwanda expand economic cooperation ambitions in Kigali 07:30 China and the United States seek a more stable relationship after Xi-Trump summit 07:20 Morocco and Burkina Faso deepen judicial cooperation framework 07:15 Israel signs new deal to expand F-35 fighter jet range 07:02 Volkswagen deepens Rivian alliance as software venture gains momentum 07:02 Brookfield set to acquire World Freight Company in $1.2 billion logistics deal

Keywords: Growth


India's JSW Steel reports sharp profit surge on strong demand and price recovery

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’s budget deficit widens as spending outpaces revenue growth

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 revenue rises on strong cloud computing and e-commerce growth

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 misses revenue forecasts as AI spending weighs profits

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......

Morocco forecasts growth above 5.3% despite global energy pressures

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......

HSBC raises S&P 500 years-end target on strong earnings outlook

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......

Compass Group raises 2026 profit forecast amid strong demand for workplace dining

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 CEO plans to boost spending on R&D and marketing

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......

US hybrid car sales soar as fuel prices rise

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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