Biashara

Deputy Foreign Minister for International Cooperation Somaya El-Ahdal met with MSMEDA CEO Bassel Rahmy to discuss expanding support for small businesses and entrepreneurship, aligning efforts on a unified work plan for the coming phase.

28 Mwezi wa tatu, 2026 Imeripotiwa na AI

The Reserve Bank of India has introduced stricter norms on banks' net open positions in foreign currency dealings involving the rupee. Banks must now maintain positions within $100 million each day to curb speculative trading. The measure aims to stabilize the currency amid significant depreciation pressures.

Grupo Aval held its ordinary shareholders' assembly on Friday, highlighting 69.6% profit growth at the end of 2025 to $1.72 trillion. President María Lorena Gutiérrez warned of macroeconomic challenges, including projected inflation of 6.5% by year-end and interest rates reaching 11%. Shareholders approved $755 billion in dividends.

26 Mwezi wa tatu, 2026 Imeripotiwa na AI

Spain's National Commission on Markets and Competition (CNMC) approved on Tuesday a proposal setting remuneration methodology for natural gas distribution networks for 2027-2032, keeping base levels steady with a 2% improvement. It rejects industry calls for 2020 cut compensation and adds incentives for biomethane injection and digitalization. The plan enters public consultation today.

Apple announced partnerships with Bosch, Cirrus Logic, TDK and Qnity Electronics to produce components in the US. The deals form part of a $600 billion commitment to US manufacturing through 2030, including $400 million for this initiative. The effort aims to create jobs and expand production across 10 states over four years.

26 Mwezi wa tatu, 2026 Imeripotiwa na AI

Auto Avaliar, with Stellantis as majority shareholder, has launched the MAQ360 platform for trading used heavy machinery in Brazil. The market, estimated at up to R$ 30 billion, remains fragmented and undigitalized. The move aims to replicate the success of the company's automotive platform.