Browsing: Business

– The OECD inflation rate decreased to 4.2% in June 2026 from 4.6% in May, marking the end of a three-month streak of increases. This indicator reflects the year-over-year change in consumer prices among member nations. In June, inflation fell

– The UK economy continues to avoid recession, yet new forecasts indicate mounting pressure from global energy supply disruptions. EY has upgraded its 2026 growth projection to 0.9%, up from 0.8% in May, while maintaining its 2027 outlook at 1.2%.

– U.S. stocks experienced gains on Monday, led by advances in Big Tech stocks and a sharp decline in oil prices. The Dow Jones Industrial Average surged by 693.38 points, or 1.32%, closing at a record of 53,178.41. The S&P

– UK solar capacity stood at 22.8 gigawatts as of the end of June 2026, marking a significant upward trend in deployment. According to the Department for Energy Security and Net Zero, approximately 2.076 million installations are now active across

– On Friday, official data from the national economic tracker confirmed that the Canadian economy experienced a 0.3 per cent increase in May. This marks a continuation of the economic recovery into a second consecutive month and exceeds earlier government

– The price of Bitcoin dropped to $62,957.83, marking a 3.02% decrease over 24 hours, according to data from cryptocurrency exchange Binance. This decline is part of a larger sell-off driven by increased volatility in technology stocks, macroeconomic uncertainties, and

– On Wednesday, the UK government announced a funding package of £8.4 billion ($11.2 billion) aimed at advancing the development of the Dreadnought-class nuclear submarines, ensuring the nation’s continuous at-sea nuclear deterrent. This substantial financial commitment will expedite the construction

– In July, Belgium experienced an unexpected acceleration in consumer price growth, reversing recent deceleration trends and exerting additional financial strain on households and enterprises. Official figures published Thursday by the national statistical agency Statbel reveal that Belgium’s annual inflation

– Starbucks Corporation announced its fiscal third-quarter 2026 results on Wednesday, delivering figures that significantly outperformed Wall Street consensus across profit and sales metrics. The company’s financial disclosures revealed a surge in Starbucks stock, as efforts to strengthen its market

In a move to bolster economic and diplomatic relations with Central Europe, the United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan held discussions with Slovak Republic Prime Minister Robert Fico in Bratislava. According to coverage by Emirates News