Browsing: Business

– In July 2026, Italy’s year-over-year inflation rate slowed to 2.9%, down from 3.0% in June. According to the final national figures, consumer prices increased by 0.3% compared to the previous month. The July figure was slightly above the initial

– In July, Denmark’s annual inflation rate decelerated to 1.7% from 1.9% in June, according to official figures. The statistics from Denmark’s statistical office indicated a 1.3% rise in consumer prices on a monthly basis. Meanwhile, core inflation remained steady

– In June, Sweden’s industrial production decreased by 1.5% compared to the same month last year, according to official data. Additionally, after seasonal adjustment, output fell by 0.4% from May. Statistics Sweden reported that the Industrial Production Value Index stood

– During Europe’s hottest summer on record, drought conditions and soaring temperatures threaten to cut the European Union’s economic growth by approximately 1% in 2026, according to Triodos Bank. This financial setback is estimated to total around €180 billion, nearly

– On March 15, the European Commission approved the comprehensive deployment plan for the IRIS² satellite constellation by finalizing an expanded implementation agreement with the SpaceRISE consortium. This historic multilateral contract incorporates an additional 66 Low Earth Orbit satellites into

– Eurozone manufacturers increased production in July at the fastest rate in nearly four and a half years. The S&P Global manufacturing purchasing managers’ index rose to 51.9 from 51.4 in June. Readings above 50 indicate growth, while figures below

– European Union has initiated the Scaleup Europe Fund, aiming to raise €5 billion. On August 4, 2026, the European Commission finalized the legal procedures necessary for establishing the fund, which will operate under the European Innovation Council Fund to

– As 2026 progresses into its second half, the UK economy continues to expand, although with signs of waning momentum across several indicators. EY forecasts a gross domestic product increase of 0.9% for this year and 1.2% in 2027. The

– UK solar installed capacity reached 22.8 gigawatts by the end of June 2026, marking a continuation of record-breaking deployment periods. According to the Department for Energy Security and Net Zero, there are approximately 2.076 million systems nationwide. Throughout that

– Oil prices surged notably on July 29, with Brent crude closing above $90 a barrel amid growing concerns over supply disruptions. Brent settled at $90.74, rising by $6.65, or 7.9%, marking its most significant daily gain in weeks. West