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Fuel prices rise again in Morocco as diesel and gasoline costs increase

After a brief period of decline, fuel prices in Morocco have resumed their upward trend at the beginning of February. Diesel prices increased by approximately 35 centimes per liter, while unleaded gasoline rose by nearly 11 centimes per liter at retail stations starting Sunday, February 1. These adjustments......

Amazon cuts 16,000 jobs amid intensifying AI competition

Amazon has announced plans to lay off 16,000 employees, marking its second major round of workforce reductions within three months. The move aims to streamline operations and boost agility as the company vies for dominance in the rapidly evolving artificial intelligence landscape. In a recent company......

Volkswagen overtakes Tesla in global EV sales outside China

Volkswagen Group has surpassed Tesla to claim the top spot in worldwide electric vehicle sales excluding China through November 2025, signaling a notable shift in the competitive landscape as the U.S. electric car pioneer grapples with its second straight year of declining deliveries. Data released......

Nvidia CEO praises Tesla FSD while unveiling rival platform

Nvidia CEO Jensen Huang described Tesla's Full Self-Driving system as "world-class" and cutting-edge during a CES 2026 Q&A session Tuesday, even as his company launched a competing autonomous driving platform that sent Tesla shares tumbling. Huang's praise came a day after Nvidia......

Lidl to end television advertising in France, citing restrictive rules

Paris, January 2026 – German discount retailer Lidl has announced it will stop advertising on French television, blaming what it describes as an overly restrictive regulatory framework that exposes advertisers to excessive legal risk. The decision comes just months after Lidl was ordered by the......

U.S. shapes robotics response as China leads humanoid production

The Trump administration is exploring an executive order on robotics set for 2026, amid reports of intensifying efforts to counter China's rapid strides in humanoid robot manufacturing. Commerce Secretary Howard Lutnick has engaged robotics industry leaders and voiced strong commitment to speeding......

Saham paiements acquires part of CMI merchant portfolio

Saham Paiements is set to acquire part of the merchant portfolio of Morocco’s Interbank Monetary Center (CMI), in line with the national initiative to modernize payment services. The move aims to increase competition among payment institutions, encouraging innovation and diversified solutions......

Nations accelerate AI expansion amid rising energy strain and investment risks

Japan has unveiled a five-year plan to invest around 1 trillion yen (approximately $6.34 billion) in a new artificial intelligence venture, positioning itself among global powers seeking control over the technological and economic foundations of AI infrastructure. The initiative, backed by SoftBank and......

Morocco urged to establish strategic grain reserves to bolster food security

Morocco’s Competition Council has issued a stark warning about the nation’s lack of strategic grain reserves, leaving the market vulnerable to shocks caused by droughts, global instability, or geopolitical crises. The Council emphasized that building such reserves is critical to ensuring......