Economy
Annual inflation in France hit a record 7.3% in February, the national statistics bureau Insee said on Wednesday. The prices were up from 7% in January. The authority's previous expectation for February inflation was 7.2%. Insee said the figure was a result of higher prices of food, services, and manufactured goods, while energy rates slowed ...
Oil giant Saudi Aramco reported Sunday earning $161 billion last year, claiming the highest-ever recorded annual profit by a publicly listed company and drawing immediate criticism from activists. ...
Ford said Tuesday that it will cut 3,800 jobs in Europe over the next three years in an effort to streamline its operations as it contends with economic ...
The means to strengthen cooperation between Morocco and Spain in the fisheries sector were the focus of a conference debate held Thursday evening in Agadir, on collaborative opportunities ...
Oil declined on Thursday, hovering around two-month lows, as the Group of Seven(G7) nations' proposed range for a price cap on Russian oil was higher than current trading ...
Facebook's parent company Meta has laid off more than 11,000 employees, reducing its workforce by 13%, CEO Mark Zuckerberg announced on Wednesday. "I want to take accountability for ...
Mercedes has become the latest Western company to pull out of Russia, following the invasion of Ukraine in February. The German-based firm stopped manufacturing in and exporting to ...
Oil prices slid 2% on Monday after Chinese data showed that demand from the world's largest crude importer remained lacklustre in September as strict COVID-19 policies and fuel ...
Saudi Crown Prince Mohammed bin Salman has launched an initiative to attract investments worth 40 billion riyals ($10.6 billion) in supply chains. Bin Salman said the Global Supply Chain Resilience Initiative (GSCRI) will support growth of key sectors and aim to attract 40 billion riyals ($10.6 billion) in investments in its first two years, the ...
Facing a backlash from the US, Saudi Arabia on Wednesday denied accusations that political motives were behind the decision by oil producer group OPEC+ to cut production by ...
