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EU warns US against expanding steel and aluminum tariff scope amid trade tensions

European Union officials are preparing to confront U.S. Commerce Secretary Howard Lutnick over Washington's efforts to expand the list of EU products subject to elevated steel and aluminum tariffs. This expansion threatens to undermine a trade agreement reached just months ago designed to cap tariffs......

EU approves Adnoc's €14.7 billion acquisition of German chemical giant Covestro

The European Commission has conditionally approved Abu Dhabi National Oil Company's (Adnoc) €14.7 billion acquisition of Covestro, a major German chemical manufacturer. This decision marks one of the most significant foreign takeovers of a European industrial firm by a Gulf state entity, clearing......

Spain moves to reinstate swift compensation for high-speed rail delays

Spain is preparing to restore a stricter refund policy for high-speed rail passengers, requiring the national operator Renfe to compensate travellers delayed by as little as fifteen minutes. The shift follows a vote in Congress to reinstate the earlier reimbursement model that had been replaced in 2024......

NATO shifts focus to European surveillance aircraft as US exits Boeing E-7 program

The NATO alliance has abandoned plans to procure six Boeing E-7 Wedgetail aircraft, marking the end of a two-year effort to replace its aging fleet of airborne warning and control system (AWACS) planes. This decision follows the United States' withdrawal from the program, as announced by the Dutch......

Morocco advances plans to become a regional leader in aquaculture

Morocco is steadily positioning itself as a future leader in aquaculture across the region, leveraging strong political will, strategic investments, and a forward-looking vision for the blue economy, according to a recent World Bank report. The international financial institution praised Morocco’s......

OCP introduces NP 5-42 fertilizer to reduce ammonia dependence

Morocco’s OCP Group, a global leader in phosphate production, has launched a new nitrogen-phosphate compound fertilizer called NP 5-42. This innovative product is part of OCP’s strategy to enhance agricultural precision while managing raw material costs, particularly in light of rising ammonia......

Tesla Cybertruck chief resigns amid plummeting sales

Siddhant Awasthi, the leader of Tesla’s Cybertruck program since its inception, announced his resignation on Sunday evening, marking another high-profile departure from the electric vehicle giant as the futuristic pickup faces a steep decline in sales. A career shaped at Tesla Awasthi, who joined......

Chinese manufacturer Boway to establish $150 million production base in Morocco

Chinese alloy manufacturer Boway has unveiled plans to construct a state-of-the-art production facility in Nador, Morocco, marking a major step in the company’s global expansion strategy. Headquartered in Zhejiang, China, Boway specializes in producing alloy materials such as copper, brass, bronze,......

Morocco’s e-commerce revolution reshapes its digital economy

Morocco’s digital marketplace has undergone a profound transformation in the last five years, redefining how consumers shop and businesses sell. Online retail has shifted from a niche activity to a major driver of national growth, reflecting the country’s growing embrace of technology and......