Browsing: Business

– In June 2026, inflation across OECD nations decreased to 4.2% from 4.6% in May, concluding a streak of three consecutive monthly increases. This metric tracks yearly variations in consumer prices among the group’s member countries. Out of the 38

– As of recent forecasts, the UK economy continues to avoid slipping into recession, yet it faces mounting pressures driven by global energy supply issues. EY has upgraded its 2026 growth projection to 0.9% from 0.8% in May, maintaining its

– U.S. stocks rallied Monday as Big Tech shares advanced and oil prices dropped sharply. The Dow Jones Industrial Average climbed 693.38 points, or 1.32%, to a record close of 53,178.41. The S&P 500 rose 1.48% to 7,600.50, finishing just

– UK solar installed capacity reached 22.8 gigawatts at the close of June 2026, marking a significant upward trend in deployment figures. The Department for Energy Security and Net Zero reported approximately 2.076 million installations across the country. During June

– Data from official national economic monitoring released on Friday affirms that the Canadian economy experienced a 0.3 per cent expansion in May, marking the second month of sustained recovery and surpassing earlier government predictions. As per monthly Gross Domestic

– A wave of risk aversion swept through global financial markets, driving digital assets lower as Bitcoin breached the $63,000 mark. Data from cryptocurrency exchange Binance indicates that the leading token by market capitalization fell 3.02% over 24 hours to

– In a significant move this Wednesday, the UK government announced an allocation of £8.4 billion ($11.2 billion) aimed at accelerating the development of its Dreadnought-class nuclear submarines. This funding ensures the sustained operation of Britain’s at-sea nuclear deterrent and

– In July, consumer prices in Belgium rose more sharply than anticipated, reversing recent deceleration trends and placing additional financial strain on households and firms. The national statistical authority Statbel released official figures Thursday indicating that Belgium’s annual inflation rate

– In a report released on Wednesday, global coffee retailer Starbucks Corporation revealed its fiscal third-quarter 2026 financial outcomes, surpassing Wall Street expectations in both profit and sales figures. The company’s stock surged following these disclosures, as efforts to reclaim

Strengthening economic and diplomatic ties with Central Europe, United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan met with Slovak Republic Prime Minister Robert Fico in Bratislava. Coverage by Emirates News Agency detailed how UAE President discusses bilateral cooperation