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Keywords: Industry
India's largest paint manufacturer, Asian Paints, reported better-than-expected first-quarter earnings on Wednesday as significant price increases helped the company protect margins against rising raw material expenses. The strong financial performance boosted investor confidence, with shares of......
Indian automotive giant Mahindra & Mahindra has announced plans to transfer its truck and bus business to its listed subsidiary SML Mahindra as part of a broader effort to streamline its commercial vehicle operations under a single corporate structure. The transfer, valued at 5.25 billion rupees......
Ethiopian Airlines has reported a significant increase in annual revenue, highlighting the continued recovery and expansion of Africa’s aviation industry. The state-owned airline generated $9.1 billion in revenue during the 2025/26 financial year, representing a 20% increase compared with the previous......
Sony is expected to receive a significant commercial boost from the upcoming release of Grand Theft Auto VI (GTA VI), as the blockbuster title is projected to stimulate demand for the PlayStation 5 (PS5) even as the company faces mounting hardware costs driven by more expensive memory chips. Scheduled......
BMW has announced plans to reduce its workforce in Germany by several thousand employees through a voluntary redundancy programme, as the premium automaker intensifies efforts to improve efficiency amid weakening demand in key international markets. The company confirmed on Wednesday that it had reached......
South Korean semiconductor manufacturer SK Hynix reported record financial results for the second quarter, driven by surging global demand for advanced memory chips used in artificial intelligence applications. The company announced a net profit of 93 trillion won (approximately €56.2 billion)......
Morocco's agricultural and food exports continued to expand in 2025, reaching MAD 86.2 billion, compared with around MAD 62 billion in 2020. The increase represents growth of approximately 38% over five years, highlighting the growing role of the sector in the country's international trade. The......
Luxury group Kering received a boost in its recovery efforts as flagship brand Gucci reported a smaller-than-expected decline in second-quarter sales, supported by stronger demand in the United States and renewed interest in its latest handbag collections. Gucci revenue fell 2% year-on-year during the......
Ouarzazate is once again attracting international attention as a major destination for global film productions, with Christopher Nolan's highly anticipated epic The Odyssey adding another chapter to the Moroccan city's long-standing relationship with the international film industry. Following......