Economy

China’s Xi says there are no winners in a tariff war as he visits Southeast Asia

China’s leader Xi Jinping said no one wins in a trade war as he kicked off a diplomatic tour of Southeast Asia on Monday, reiterating China’s commitment to global trade in contrast with U.S. President Donald Trump’s latest tariffs moves. Although Trump has paused some tariffs, he has kept in place 145% duties on China, the ...

11:41 Et April 14, 2025

US ‘reciprocal’ tariffs against dozens of nations draw dismay and calls for negotiations

Sweeping new tariffs announced Wednesday by U.S. President Donald Trump provoked dismay, threats of countermeasures and urgent calls for further negotiations to make trade rules fairer. But responses were ...

11:41 Et April 3, 2025

Dollar struggles to lift off as global trade war ramps up

The dollar struggled to lift off a five-month low against major peers on Wednesday, as traders digested tit-for-tat U.S.-EU tariffs and a potential Russia-Ukraine ceasefire, while awaiting U.S. ...

11:38 Et March 12, 2025

Algeria Blocks Renault Factory Amid Diplomatic Feud with France

French media reports indicate that Renault, the French automotive manufacturer, has yet to receive authorization from Algerian authorities to reopen its factory in Oran. The delay is reportedly ...

12:24 Et March 10, 2025

Mercedes-Benz 2024 car sales fall in tough year for automakers

Mercedes-Benz's core car sales fell in 2024, a tough year for the auto industry marked by waning demand in a weak economy, especially in key market China, the ...

20:30 Et January 10, 2025

Minister Calls on Korean Companies to Seize Investment Opportunities in Morocco

Minister Delegate to the Head of Government in charge of Investment, Convergence and Evaluation of Public Policies, Karim Zidane, called, in Seoul, on Korean companies to make profit ...

17:00 Et November 30, 2024

Moroccan Exports Hit MAD 331 Billion by September 

 Morocco's exports have maintained their upward trend, reaching an estimated total of MAD 331 billion at the end of September 2024, said the Kingdom's Head of Government Aziz ...

10:07 Et November 5, 2024

Morocco's Dirham Appreciates by 0.85% Against USD on September 19-25

The dirham appreciated by 0.85% against the US dollar and by 0.26% against the euro, during the September 19-25 period, according to Morocco’s Central Bank, Bank Al-Maghrib (BAM). ...

20:12 Et September 29, 2024

Renault Group Launches Production of Morocco's First Hybrid Car

The Renault Group in Morocco has officially commenced the production of the country's first hybrid car under the "Dacia Jogger" brand. The production process kicked off yesterday, Thursday, aligning with Renault's goal announced in March of last year to begin manufacturing the first hybrid car at the Tangier plant in 2024. On the sidelines of ...

22:01 Et July 12, 2024

Boeing to plead guilty to criminal fraud charge

Boeing has agreed to plead guilty to a criminal fraud conspiracy charge after the US found the company violated a deal meant to reform it after two fatal ...

10:42 Et July 8, 2024
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