Keywords: Economy


Toyota reports sharp profit decline amid U.S. tariffs and Middle East tensions

Toyota Motor Corporation has reported a significant decline in annual net profit, citing the impact of American tariffs, geopolitical instability in the Middle East, and rising raw material costs. The Japanese automotive giant announced that its net profit for the 2025–2026 fiscal year fell by......

Canada’s unemployment rate reaches six-month high as full-time jobs decline

Canada’s labor market showed renewed signs of weakness in April as the national unemployment rate climbed to its highest level in six months. The latest figures point to growing pressure on the economy amid trade tensions, slowing business confidence, and global economic uncertainty. According......

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......

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......

Lyon’s famous flea market enters financial protection procedure

One of the best-known flea markets in France, the Les Puces du Canal near Lyon, has entered a financial protection procedure after facing growing economic pressure linked to higher property taxes. Located in Villeurbanne since 1995 along the banks of the Jonage Canal, the market is considered the second-largest......

Argentina considers lower interest rates amid inflation challenges

Argentina is weighing the possibility of approaching financial markets with lower interest rates, according to a senior government official, as the country continues to grapple with persistent inflation and economic uncertainty. Speaking at a recent economic event in Buenos Aires, Secretary of Economic......

Stellantis opens circular economy dismantling center in Casablanca, a global third site

Stellantis has inaugurated a new automotive dismantling facility in the Aïn Sebaâ district of Casablanca, making Morocco the first country in the Africa and Middle East region to host such an installation for the group. The site operates under Sustainera, the Stellantis entity dedicated to......

Meesho narrows quarterly losses as growth in orders and margins strengthens performance

Indian e-commerce platform Meesho reported a sharp reduction in its quarterly losses, supported by strong growth in order volumes, rising revenues, and improved operating margins. Strong growth in orders and revenue During the fourth quarter, Meesho recorded significant expansion in its business activity,......

Eli Lilly expands investment with $4.5 billion boost to Indiana manufacturing sites

Eli Lilly and Company has announced a new $4.5 billion investment in its manufacturing operations in the state of Indiana, reinforcing its long-term commitment to expanding production capacity in the United States. Major expansion in Indiana The additional funding will be allocated across two of the......