Browsing: Business

– In July, Eurozone manufacturing experienced growth, with factory output reaching its fastest rate in nearly four and a half years. The S&P Global manufacturing PMI increased to 51.9 from 51.4 in June. A figure above 50 indicates expansion. Although

– The European Union has officially launched the Scaleup Europe Fund with a target of raising €5 billion. The European Commission finalized the necessary legal procedures on August 4. Operating within the European Innovation Council Fund, the initiative concentrates on

– The OECD reported that the annual inflation rate slowed to 4.2% in June 2026, down from 4.6% in May. This marks the end of three straight months of rising headline inflation. In that month, consumer price increases decreased in

– The UK economy remains outside of recession, yet softer levels of investment and hiring have heightened concerns about its future growth prospects. EY forecasts that the gross domestic product will grow by 0.9% in 2026, revising its May estimate

– On Monday, Wall Street experienced a significant rise with the Dow Jones Industrial Average soaring by 693.38 points, or 1.32%, to an all-time peak of 53,178.41. The S&P 500 increased by 1.48%, closing at 7,600.50 and nearing its historical

– UK solar power capacity reached 22.8 gigawatts at the end of June 2026, marking another increase in national deployment. The Department for Energy Security and Net Zero counted about 2.076 million installations across the country. Households and businesses added

– The latest official data from Statistics Canada confirms that the Canadian economy grew by 0.3 per cent in May, marking a second consecutive month of expansion and exceeding prior government estimates. According to monthly Gross Domestic Product figures, real

– The Union Cabinet, chaired by Prime Minister Narendra Modi, sanctioned a landmark national project on Friday aimed at boosting hydrocarbon discovery in Indian ocean basins. Official statements issued by the Press Information Bureau confirmed that the Cabinet has approved

– The British government announced on Wednesday a significant strategic funding commitment, with an investment of £8.4 billion into the operation of its nuclear submarine program to enhance the continuous at-sea nuclear deterrent. An official statement from the Prime Minister’s

– Belgium experienced an unexpected surge in consumer price growth in July, with the annual inflation rate reaching 3.56 percent, up from 3.40 percent in June. This uptick, according to official data published on Thursday by Statbel, the Belgian national