Britain's economy grew by 0.6% in the January-to-March period, as expected, figures from the Office for National Statistics showed on Tuesday.Economists polled by Reuters had forecast the reading for gross domestic product to be unrevised from a provisional estimate of 0.6% growth which was publish…
RNS Number : 2469K Civil Aviation Authority 30 June 2026 CAA launches consultation on Heathrow interim price controlThe UK Civil Aviation Authority has today published a consultation on interim price control arrangements for Heathrow Airport Limited (HAL) to come into effect from 1 January 2027…
The BRC-NIQ shop price index showed that shop price inflation was unchanged versus May at 1.2% year-on-year in June. This was above the three-month average of 1.1%.Meanwhile, food inflation fell to 2.4% in June from 2.7% in May, while non-food inflation increased to 0.6% from 0.5%.Fresh food inflat…
Paris – During the official visit of a high-level delegation from the Sultanate of Oman to France, three strategic agreements were signed in Paris in the presence of His Majesty Sultan Haitham bin Tarik Al Said, Sultan of the Sultanate of Oman, and His Excellency Emmanuel Macron, President of the F…
France has decided to scrap a two-euros fee on small low-value e-commerce packages arriving from outside the European Union from July 1 in what French Minister for Small Businesses Serge Papin explained was a "tactical suspension".Papin told TF1 TV that this was because from July 1 a European Unio…
Kenya and Rwanda signed three pacts on Monday setting up a government framework for Rwanda-bound fuel imports, the Kenya Pipeline Company NSEKE:KPC and Rwanda's Trade Ministry said in statements on X.
Valuations in Japanese bond duration are getting "very appealing" but expansionary fiscal policy continues to discourage investors, Amundi Investment Institute says in its mid-year outlook. "A more hawkish Bank of Japan could improve inflation expectations and provoke a rally," Amundi says. Japanes…
BEIJING (dpa-AFX) - China's manufacturing activity expanded in June, official survey results from the National Bureau of Statistics revealed Tuesday.The manufacturing Purchasing Managers' Index rose to 50.3 in June from 50.0 in May. A score above 50.0 indicates expansion. The reading was also sligh…
Retail sales in Estonia fell by 1.1% year-on-year in May 2026, reversing a 1.6% increase in the previous month and marking the weakest growth since August 2025.Sales of non-food products excluding fuel declined by 4.6% from a 1.4% increase in April.At the same time, sales of food, beverages, and to…
Finland’s gross domestic product expanded by 2.8% year-on-year in May 2026, accelerating from an upwardly revised 2.4% growth in the previous month.This marked the fourth consecutive month of growth in the Finnish economy.On a seasonally adjusted monthly basis, the economy grew by 0.8% in May from…
0512 GMT - The market is digesting more restrictive U.S. monetary policy, says Stephen Coltman, head of macro at 21shares, in a note. Markets have gone from pricing rate cuts at the start of the year to now expecting rate increases over the coming months, he says. Chairman Kevin Warsh's first FOMC…
Japan’s housing starts surged 33.9% yoy in May 2026, sharply accelerating from a 11.4% increase in the previous month and marking the second straight month of expansion.It was also the fastest growth since March 2025, topping market expectations of 31.8%.Growth was broad-based across most segments…
The International Monetary Fund staff have concluded their visit to Sri Lanka, the head of the IMF's Sri Lanka mission Evan Papageorgiou said on Tuesday.“Monetary policy should remain prudent, agile, and data-dependent to safeguard price stability under heightened global uncertainty," Papageorgiou…
VALLOUREC AWARDED MAJOR CONTRACT BY AZULE ENERGY FOR THE GREATER PAJ OFFSHORE DEVELOPMENT IN ANGOLAMeudon, on June 30, 2026 – Vallourec, a world leader in premium seamless tubular solutions, announces that it has been awarded a major contract by Azule Energy, the joint venture formed by Eni and BP…
Singapore state utility SP Group said on Tuesday that it will raise electricity tariffs by 17% in the third quarter of 2026 due to soaring prices of imported natural gas, which accounts for 95% of the city-state's power production.Here are the details:($1 = 1.2940 Singapore dollars)
Staff WriterEgypt is developing its startup financing ecosystem by updating regulations for convertible securities and improving company valuation methodologies, while the Sovereign Fund of Egypt studies a new investment mechanism to support late-stage startups, the country’s investment and foreign…
Staff WriterEgypt - Ahmed Rostom, Minister of Planning and Economic Development, said on Monday that the government adopted an economic and social development plan for the 2026/27 fiscal year that targets increasing the private sector’s share of total investment to around 59%.Rostom made the remark…
Steven Englander, Managing Director, Global Head of G10 FX Research and North American Macro Strategy at Standard Chartered Bank, expects the US dollar index to continue edging higher, driven by structural forces rather than cyclical ones. He says AI-led productivity gains are lifting long-term rea…
- The company plans to inject EGP 8 billion in new investments during 2026 to accelerate construction across its existing projects and advance its expansion plans in the Egyptian market.Cairo – Misr Italia Holding for Financial Investments and its subsidiaries announced that Mr. Khaled El Assal, En…
Investors should scale back their cash holdings amid elevated inflation, Citi Wealth Investments warned.Recent price data has come in hot. The consumer price index rose at an annual rate of 4.2% in May, the highest in three years, and the personal consumption expenditures price index for May, the F…
