Keywords: Economy


JSW steel surpasses quarterly profit expectations as higher prices support India’s steel sector

JSW Steel, India’s largest steel producer, reported stronger-than-expected quarterly earnings on Friday, benefiting from improved domestic steel prices and stable production volumes despite rising raw material costs. The Mumbai-based company posted consolidated net profit of 46.51 billion Indian......

Morocco's exports to the European Union reach €2.5 billion in May

Morocco's exports to the European Union reached €2.5 billion in May 2026, reflecting a modest increase compared with the same month last year, according to the latest trade figures released by Eurostat. Imports from the EU stood at €2.8 billion, underscoring the strength of the long-standing......

Sterling edges lower but remains on track for weekly gains as UK political shift boosts confidence

The British pound slipped slightly on Friday but remained positioned for its third consecutive weekly advance as investors reacted positively to expectations of a more moderate economic approach from the incoming UK government. Sterling was trading around $1.345, down 0.2% during the session, giving......

Renewed US strikes deepen anxiety in Iran as citizens face economic and political uncertainty

A renewed wave of U.S. attacks on Iran has intensified uncertainty among Iranian citizens, reviving fears over security, economic stability, and the future of daily life after a brief period of relative calm under a fragile ceasefire. Residents contacted by Reuters described growing anxiety as military......

Coupang Data dispute puts new strain on US-South Korea economic relations

A dispute over regulatory action against Coupang, South Korea’s largest online retailer, has developed into a broader diplomatic challenge, raising concerns about the future of economic and technology ties between South Korea and the United States. The controversy began after South Korean authorities......

U.S. housing market loses momentum as pending home sales decline in June

The U.S. housing market continued to show signs of slowing in June 2026, as pending home sales declined on both a monthly and annual basis, reflecting ongoing affordability challenges driven by elevated mortgage rates and historically high home prices. According to data released by the National Association......

Morocco strengthens its position as a rising AI outsourcing destination

Morocco has reinforced its reputation as one of the world's emerging outsourcing hubs after being ranked among the top 25 countries best prepared to integrate artificial intelligence into outsourced business services, according to the Global Outsourcing AI Readiness Index 2026. The report highlights......

Trump defends his first-term economy and Covid-19 response amid renewed debate

U.S. President Donald Trump has defended his administration's economic record and handling of the Covid-19 pandemic, arguing that the United States achieved one of its strongest periods of economic growth before the global health crisis disrupted economies worldwide. Speaking publicly, Trump said......

Sterling remains near two-month peak as UK fiscal worries ease

The British pound remained close to its strongest level against the U.S. dollar in more than two months on Thursday, supported by improving market sentiment over the United Kingdom’s fiscal direction and reduced concerns about government spending plans. Sterling traded slightly lower against the......