reuters
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UK economy grows 0.6% in Q1, as expected
Growth was driven by an increase in all three sectors, the ONS said, with the largest contribution from the services sector, which grew 0.8%.Liz McKeown, director of economic statistics at the ONS, said: "Services were the main driver of growth in the latest quarter, with strengths in computer prog…
NEWS dpa_afx
Japan Industrial Output Rises Less Than Expected
TOKYO (dpa-AFX) - Japan's industrial production expanded for the second straight month in May, though at a slower than expected rate, official data showed on Tuesday.Industrial production rose 0.5 percent month-on-month in May, the same as in the previous month, the Ministry of Economy, Trade and I…
dow-jones
French Inflation Cools More Than Expected
By Don Nico ForbesFrench inflation eased more than expected in June, suggesting price pressures are beginning to soften amid falling energy costs due to easing tensions between the U.S. and Iran.Consumer price growth slowed to 2.0% on year from 2.8% in May, according to EU-harmonized data published…
NEWS reuters
French preliminary inflation at 2% in June, below estimates
French consumer prices rose less than expected in June, preliminary data from statistics agency INSEE showed on Tuesday.France's harmonized inflation rate, adjusted for comparison with other euro zone countries, was 2% year-on-year in June.A Reuters poll of 17 analysts had on average expected a rat…
reuters
Sainsbury Says Impact Of Conflict In Middle East On Customers & Business Remains Uncertain
J Sainsbury PLC LSE:SBRY:
NEWS zawya
UAE Fuel Price Committee announces prices for July
Staff WriterABU DHABI - The UAE Fuel Price Committee has approved lower fuel prices for July 2026, with prices falling from June levels, reflecting changes in global markets.The approved prices are as follows:Super ''98'': AED3.40 per litre.Special ''95'' : AED3.29 per litre.E-Plus ''91'': AED3.21…
NEWS dow-jones
Japan Tankan Corporate Inflation Forecasts Closely Watched — Market Talk
The upcoming Bank of Japan tankan survey could indicate a further upward shift in corporate inflation expectations, says Mizuho Securities economist Ryosuke Katagi. Given that oil prices have been high since the previous March survey, companies could raise their price outlooks in the June report, h…
trading-economics
UK Q1 Annual GDP Growth Revised Lower
The UK economy expanded by 0.9% year-over-year in Q1 2026, revised down from the preliminary estimate of 1.1% and matching the revised pace recorded in the previous quarter.Growth was driven by a 1.2% increase in services output, while production declined 0.1% and construction fell 1.6% from a year…
NEWS zawya
ZAWYA: France’s EDF-led group to build 2,000 MW hydro plant in Oman
Staff WriterA consortium led by France’s EDF power solutions has signed a deal with Oman’s Authority for Public Services Regulation to build a 2,000-megawatt (MW) Jabal Abyad Pumped Hydro Energy Storage (PHES) project in Oman that would become the largest hydro plant in the Middle East.The other me…
NEWS dow-jones
Singapore Households to Face Higher Energy Costs
By Amanda LeeSingapore households' energy costs are set to rise, which could damp consumer spending and weigh on economic growth.Like many countries in the region, Singapore relies heavily on energy imports from the Middle East. "Natural gas prices had increased sharply from the end of February and…
trading-economics
Danish GDP Growth Revised Lower in Q1
The Danish economy expanded by 1.5% quarter-on-quarter in the first quarter of 2026, falling short of initial estimates for a 1.9% growth but accelerating from a 0.5% expansion in the previous period.Despite the revision, the growth remained broad-based, with sectors beyond pharmaceuticals, includi…
NEWS reuters
Kenya's inflation slows to 6.4% year on year in June
Kenya's inflation rate (KECPI=ECI) slowed to 6.4% year on year in June from 6.7% in May, the statistics office said on Tuesday.
NEWS reuters
Hungary posts €502 million trade surplus in May -stats
Hungary posted a foreign trade surplus (HUTRD=ECI) of €501.8 million in May, the Central Statistics Office (KSH) said on Tuesday.Exports rose by an annual 7.4% in euro terms in May, while imports grew by 6.3% year-on-year, the KSH said.
dow-jones
Takashimaya Co Sees FY Net Y38.00B
Takashimaya Co Sees FY Net Y38.00B
NEWS cointelegraph
Australia’s crypto travel rule is coming into effect: Here’s what's changing
Crypto exchange users in Australia will soon face stricter rules on all transfers as the country’s travel rule is set to come into force on Wednesday, aligning it with similar rules in the EU, US and UK.From July, all crypto sent and received on locally-regulated crypto exchanges will require users…
reuters
UK aviation watchdog proposes Heathrow 2027 airport charge cap at £28.398
The UK Civil Aviation Authority said on Tuesday that it had proposed a temporary cap of £28.398 ($37.56) per passenger on charges levied by Heathrow Airport on airlines for 2027, with a consultation on final prices running until July 28.($1 = 0.7561 pounds)
trading-economics
UK Business Investment Revised Slightly Higher
Business investment in the United Kingdom increased by 0.9% quarter-on-quarter in the three months to March 2026, slightly above the preliminary estimate of 0.7% and rebounding from an upwardly revised 3.0% decline in the previous period.While the latest reading pointed to a still-fragile recovery…
France suspends 2-euro charge on low-value packages as EU fee kicks in
France is scrapping a two-euro charge on low-value e-commerce packages arriving from outside the European Union from July 1, when a heftier pan-European Union fee kicks in, Serge Papin, the minister for small businesses said on Tuesday.The fee will increase to 5 euros from November, Papin said, as…
dow-jones
Tankan Likely to Show Slight Fall in Manufacturer Sentiment — Market Talk
The Bank of Japan's tankan corporate sentiment survey, due Wednesday, is expected to show a slight deterioration but largely shrug off the negative impact of the Middle East conflict, according to economists polled by data provider Quick. The diffusion index measuring sentiment among large manufact…