Browsing: Business

– Eurozone manufacturing strengthened in July as factory output reached its fastest pace in nearly four and a half years. The S&P Global manufacturing PMI rose to 51.9 from 51.4 in June. A reading above 50 signals expansion. The final

– The European Union has officially created the Scaleup Europe Fund, aiming to raise €5 billion. The European Commission finalized the legal procedures on August 4, paving the way for the fund’s operation within the European Innovation Council Fund, with

– 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

– While the UK economy remains outside of a recession, the slowdown in investment and employment growth has prompted closer attention from industry analysts and policymakers regarding its future trajectory. According to EY, the gross domestic product is forecasted to

– Wall Street climbed sharply Monday as technology stocks advanced and crude oil prices retreated. The Dow Jones Industrial Average jumped 693.38 points, or 1.32%, to a record 53,178.41. The S&P 500 rose 1.48% to 7,600.50, ending close to its

– By the end of June 2026, the UK’s solar power infrastructure reached a total capacity of 22.8 gigawatts, reflecting a continued upward trend in national solar deployment. The Department for Energy Security and Net Zero documented approximately 2.076 million

– On Friday, the latest official economic data from Canada confirmed that the Canadian economy expanded by 0.3 per cent in May. This marks a continuation of the broader economic recovery, now in its second month, and exceeds previous government

– The Union Cabinet led by Prime Minister Narendra Modi sanctioned a groundbreaking national project on Friday aimed at accelerating hydrocarbon discoveries in Indian ocean basins. Official statements released by the Press Information Bureau confirmed the approval of a Rs

– The British government announced on Wednesday a significant strategic financial commitment, pledging £8.4 billion towards the operations of its nuclear submarine program aimed at upgrading the nation’s continuous at-sea nuclear deterrent. An official statement from the Prime Minister’s Office

– Unexpectedly, consumer price increases in Belgium accelerated during July, breaking a brief period of moderation and adding more financial strain on both households and businesses. The latest monthly consumer index figures released on Thursday by Statbel, the Belgian national