Keywords: Industry
Aerospace components manufacturer Arxis is preparing for a major debut on Wall Street, targeting a valuation of more than $11 billion in its planned initial public offering (IPO) in the United States. The company’s listing comes at a time when defense and aerospace-related firms are attracting......
General Motors has announced a large-scale recall of more than 270,000 vehicles in the United States due to a defect affecting rearview camera systems. According to the National Highway Traffic Safety Administration (NHTSA), the issue may cause the camera display to show a distorted image or go blank,......
Stellantis is reportedly in advanced discussions with Chinese automaker Leapmotor to jointly develop a new electric SUV under the Opel brand, according to sources familiar with the matter. The potential collaboration reflects a broader trend in the global automotive industry, where established manufacturers......
At GITEX Africa Morocco 2026, discussions around Africa’s technology ecosystem are expanding beyond traditional sectors to include the continent’s growing creative economy, where global visibility is beginning to translate into economic opportunity. Creative industries across Africa, including......
Italian fashion house Valentino announced on Tuesday that an Italian court has lifted early the special administration imposed on one of its units over labor practices involving Chinese-owned subcontractors. The court initially placed Valentino Bags Lab under judicial administration in May 2025 after......
Moroccan steel producer Sonasid reported a strong financial performance for 2025, marked by solid revenue growth and a sharp increase in profitability, supported by the continued momentum of the national construction sector. The company recorded a 16% rise in revenue, reaching over 6.2 billion dirhams......
Ford Motor Company has announced a recall of more than 420,000 vehicles in the United States due to a potential malfunction affecting windshield wipers, according to U.S. safety regulators. The issue could impair the proper functioning of the wiper system, increasing the risk of reduced visibility during......
Investment firm Pershing Square, led by billionaire investor Bill Ackman, has put forward a proposal to acquire Universal Music Group (UMG) in a deal valued at nearly $65 billion, combining cash and stock. According to the offer, the transaction would value the world’s largest music company at......
Casablanca hosted the opening of the 11th edition of Morocco Fashion Style & Tex on April 2 at the OFEC exhibition center. The event brought together diplomatic representatives and institutional figures, marking the start of a major international gathering dedicated to textiles, fashion, home textiles,......
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