Browsing: Business
– Annual inflation across OECD economies slowed to 4.2% in June 2026 from 4.6% in May. The decline ended three consecutive months of rising headline inflation. Consumer price growth eased in 20 member countries and increased in six. Inflation remained
– As of recent months, the UK economy remains on a growth trajectory, avoiding a technical recession, yet the slowdown in both investment and hiring has prompted analysts to reassess its future outlook. EY projects that the gross domestic product
– On Monday, Wall Street experienced a significant rise as shares in technology sectors gained momentum and crude oil prices dipped. The Dow Jones Industrial Average surged by 693.38 points, or 1.32%, reaching an all-time high of 53,178.41. Meanwhile, the
– As of the end of June 2026, the UK’s solar power capacity has reached 22.8 gigawatts, reflecting continued growth in national deployment. The Department for Energy Security and Net Zero reported approximately 2.076 million installations nationwide. In June, households
– Data released on Friday by official national economic authorities confirms that the Canadian economy experienced a 0.3 per cent increase in May, marking a continuation of the economic recovery into a second straight month and surpassing earlier government predictions.
– On Friday, the Prime Minister Narendra Modi-led Union Cabinet gave the green light to a historic national project aimed at boosting hydrocarbon discoveries in Indian ocean regions. According to official communications from the Press Information Bureau, the Cabinet approved
– The British government announced on Wednesday a significant strategic financial commitment, committing £8.4 billion to the development and production of nuclear submarines aimed at upgrading its continuous at-sea nuclear deterrent. An official statement from the Prime Minister’s Office detailed
– In July, consumer price growth in Belgium surged unexpectedly, ending a brief period of moderation and adding pressure on household budgets and business costs. The latest monthly consumer index figures released on Thursday by Statbel, Belgium’s national statistical agency,
– On Wednesday, Starbucks Corporation revealed its fiscal third-quarter 2026 results, significantly exceeding Wall Street projections in both earnings and comparable store sales. The company’s stock surged following these results as efforts to improve its third-place position bear fruit, boosting
– In Bratislava, President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the leader of the United Arab Emirates, held a meeting on Wednesday with His Excellency Robert Fico, Prime Minister of the Slovak Republic, during an official working trip.