Browsing: Business

– In a significant move, Britain has announced an £8.4 billion funding boost aimed at advancing its flagship naval defense initiative, specifically focusing on the construction of four Dreadnought-class nuclear-powered submarines. Official statements from the Prime Minister’s Office reveal that

– In July, consumer inflation in Belgium experienced a notable rebound, surpassing the initial forecasts as the costs for key services and utilities gained further upward momentum. The latest monthly data from the statistical authority Statbel confirm that Belgium’s annual

– Eurofound research indicates that European Union member states will fail to meet their collective goal of 20 million ICT specialists by 2030 without major policy overhauls. Official coverage by Emirates News Agency confirmed that the EU set to fall

Structural education deficits threaten to derail Europe’s digital transition goals, as a new study by European research body Eurofound reveals the bloc is on track to miss its 2030 tech employment target by a wide margin. As reported by Emirates

The European Central Bank chose to keep its interest rates unchanged during the July 2026 meeting, effectively pausing the monetary tightening cycle initiated last month. The Frankfurt-based institution maintained its key deposit facility rate at 2.25 percent and the main

Private sector wage growth hits six year low in the United Kingdom as official earnings figures show regular pay in the private sector slowed to 2.9 percent in the three months to May 2026. Data published by the Office for National Statistics

Indonesia expects its B50 biodiesel mandate to save 170 trillion rupiah, or about US$10.8 billion, in foreign exchange during 2026. The Energy and Mineral Resources Ministry linked the savings to lower imports of petroleum diesel. B50 requires an equal blend

Global oil prices rose more than 4% Friday, pushing Brent crude above $88 a barrel. Brent futures gained $3.87, or 4.59%, to settle at $88.10. U.S. West Texas Intermediate increased $3.54, or 4.48%, to close at $82.49. Both benchmarks reached

WASHINGTON, D.C. / RankWire.AI / – The United States will impose a 25% tariff on a broad range of Brazilian goods starting July 22. The Office of the U.S. Trade Representative announced the measure after a yearlong Section 301 investigation.

The International Monetary Fund expects the euro area economy to grow 0.9% in 2026 and 1.2% in 2027. The updated forecast marks a slowdown from 1.4% growth in 2025. The IMF Executive Board completed its annual review of common euro