Browsing: Business

Euro area inflation reached 3.3% as the ECB lifted policy rates 25 basis points, raising the deposit facility rate to 2.5% from 2.25%. The post ECB sets deposit rate at 2.5% after September policy move appeared first on London Dawn.

Russia’s creative economy reached 4.2% of GDP in 2025 as officials added export finance, endowments and digital financial assets in 2026. The post Russia widens financing options for creative industries appeared first on London Dawn.

Israel Aurelius German state to take over VWs Osnabrueck plant defense projects under a new majority equity ownership deal. The post Volkswagen site sold to Israeli investor for defense projects appeared first on London Dawn.

Official figures show Russia non-resource industrial exports reach $58.8 billion, tracking toward a $116.9 billion yearly goal. The post Russian industrial exports hit $58.8 billion mid-year target appeared first on London Dawn.

Official updates show Brazil threatens reciprocal measures response as European regulators block beef and poultry import shipments. The post Brazil threatens reciprocal measures response as EU halts imports appeared first on London Dawn.

Euro area inflation climbed to 3.3% in August as energy prices rose 14.3%, while food inflation held steady and services inflation eased. The post Energy lifts euro area inflation to 3.3% in August appeared first on London Dawn.

Official updates show Wall Street falls as Dow drops 380 points, ending a volatile trading session led by losses in tech stocks. The post Wall Street falls as Dow drops 380 points in daily market retreat appeared first on London Dawn.

Russia’s central bank projects a 13% to 15% average key rate in 2027 under its proinflationary case, alongside 4.5% to 5.5% inflation. The post Russia central bank sees 13% to 15% key rate in 2027 appeared first on London Dawn.

Russia targets 2.8 million vehicles in annual output by 2035, alongside an 80% goal for locally produced models in its new auto market. The post Russia sets 2035 vehicle output goal at 2.8 million appeared first on London Dawn.

Brent and WTI fell again as markets tracked Strait of Hormuz talks, US crude stock data and an OPEC+ production adjustment for September. The post Brent and WTI slide as Hormuz talks shape global oil markets appeared first on London Dawn.