Keywords: Business


Adecco says temporary jobs continue to grow faster than permanent hiring

Adecco Group reported that demand for temporary and flexible jobs remained stronger than permanent recruitment during the first quarter of the year, reflecting continuing caution among employers in a climate of economic uncertainty. The international staffing company stated that permanent hiring declined......

Intertek moves closer to major takeover deal with EQT

Intertek Group is moving closer to accepting a takeover proposal from Swedish private equity firm EQT in a deal valued at approximately 12.7 billion dollars. The British product testing and certification company announced that it is currently giving EQT access to additional financial and operational......

Italian companies target Morocco’s expanding glass manufacturing sector

A delegation of Italian companies specializing in glass processing technologies visited Casablanca from May 4 to May 7 as part of an economic mission aimed at strengthening industrial cooperation between Morocco and Italy. The initiative was organized by ITA – ICE Agenzia in partnership with GIMAV......

Investors compete for Jardines’ KFC and Pizza Hut operations in Asia

Several major investors and food industry groups are reportedly competing to acquire the Asian restaurant business operated by Jardine Matheson, which manages KFC and Pizza Hut franchises across multiple Asian markets. Among the companies interested in the potential deal are The Carlyle Group and Yum......

ASOS to sell Lichfield distribution centre to Marks & Spencer for $90 million

British online fashion retailer ASOS has announced plans to sell its Lichfield fulfilment centre to rival retailer Marks & Spencer in a deal valued at approximately 66 million pounds, or nearly 90 million dollars. The transaction forms part of ASOS’s broader strategy to simplify its operations,......

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......

Armani considers dividing 15% stake among luxury giants, report says

Italian fashion house Giorgio Armani is reportedly considering splitting a 15% ownership stake into three equal parts, potentially involving major luxury players including LVMH Moet Hennessy Louis Vuitton SE, L'Oreal SA, and EssilorLuxottica SA. According to reports, the plan is linked to the long-term......

ABB India reports fourth consecutive profit decline amid rising costs

ABB India reported a fourth consecutive quarterly decline in profit as rising raw material prices, foreign exchange volatility, and higher operational expenses continued to pressure the company’s margins. The engineering and technology firm announced that profit from continuing operations fell......

Morocco's DirectEntreprise platform surpasses 50,000 online company registrations

Morocco has recorded more than 50,300 company creations through its DirectEntreprise digital platform since its launch, marking a significant milestone in the country's ongoing push to modernize its business environment through administrative digitalization. The figures, released by the Moroccan......