Browsing: Business

– In the second quarter of 2026, economic activity across OECD nations experienced a modest uptick, with gross domestic product increasing by 0.5% compared to the previous quarter. This is a slight rise from the 0.4% growth initially estimated for

– UK inflation reached its highest point since March in July, mainly due to climbing household energy costs. The Consumer Prices Index grew by 2.9% compared to the same month last year, up from 2.6% in June. This marked the

– European Union business registrations experienced a decline in the second quarter of 2026, while the number of bankruptcy filings surged sharply. On a seasonally adjusted basis, new business registrations decreased by 0.5% compared to the first quarter. During the

– European Commission has issued new guidance allowing EU nations to pursue additional fiscal flexibility for energy security investments through 2028. This measure extends an existing national escape clause—initially employed for increased defense spending—to certain government-funded energy projects. These projects

– On Friday, global markets for precious metals experienced a downward trend as spot gold prices declined, setting the stage for a broader weekly decrease. Data from financial markets indicated that spot gold fell by 0.5 percent, trading at $4,326.75

Italy’s annual consumer inflation rate slowed slightly to 2.9 percent in July 2026, down from 3.0 percent in June, according to finalized data released by national statistics agency Istat. The definitive figure was revised upward from a preliminary flash estimate

– According to finalized official figures, Spain’s annual consumer price inflation increased to 3.6% in July, up from 3.2% in June. This figure exceeded the preliminary 3.5% estimate announced on July 30. Consumer prices saw a 0.3% rise compared to

– In June 2026, industrial output within the euro area remained flat compared to the previous month, while overall production across the European Union experienced a modest rise of 0.2%, according to Eurostat. These figures are seasonally adjusted and follow

– In July 2026, Italy’s yearly consumer price inflation eased slightly to 2.9%, down from 3.0% in June. According to final national data released on Aug. 12, consumer prices increased by 0.3% compared to June. Earlier, at the end of

– In July, Denmark saw a reduction in its annual consumer price inflation from 1.9% in June to 1.7%, according to Statistics Denmark. The month also experienced a 1.3% increase in consumer prices compared to June, primarily driven by notable