Indonesian state electricity firm Perusahaan Listrik Negara (PLN) has secured additional coal shipments for its electricity system in Java after supply issues caused a series of power outages, its chief told members of parliament on Thursday.
BRUSSELS (dpa-AFX) - The euro area unemployment rate remained unchanged in May, data from Eurostat showed Thursday.The jobless rate came in at 6.2 percent in May, unchanged from April but down from 6.3 percent seen in May 2025. Economists had forecast the jobless rate to edge up to 6.3 percent.Data…
GERMAN REFORM PACKAGE OFFERS GLIMMER OF HOPEAfter being unceremoniously dumped out of the World Cup by Paraguay, Germany finally has something to cheer.It might not be as glamorous as the Jules Rimet trophy but Germany's ruling coalition has finally unveiled a package of reforms that analysts belie…
Budapest, Hungary – Pay10, a leading global regulated alternative payments platform, today announced that its European entity, Pay10 EU Kft, has been granted an Electronic Money Institution license (EMI) by the National Bank of Hungary (Magyar Nemzeti Bank, MNB), marking the company’s official entr…
(10:47 GMT) *Nestle Sees Mid-Size Formats Being Squeezed, Head of Marketing Says (10:47 GMT) *U.S. Consumers Increasingly Focused on Affordability in Last Six Months, Nestle's Americas CEO Says (10:47 GMT) Consumers Shun Mid-Sized Packs Amid Price Squeeze, Nestle Says — InterviewBy Aimee LookNestle…
U.S. Consumers Increasingly Focused on Affordability in Last Six Months, Nestle's Americas CEO Says
All dates are in ET Time. Thursday, July 2, 2026 Exp Prev ET/GMT 0930/1330 Jun Canada Manufacturing PMI
By Don Nico ForbesThe eurozone's unemployment rate reached a record low in April and May, underscoring continued resilience in the labor market despite elevated economic disruptions caused by conflict in the Middle East.The jobless rate across the 21-member currency bloc was unchanged in May, follo…
The economy of Seychelles shrank by 0.1% year-on-year in Q1 2026, following an upwardly revised 9.4% growth in the previous period.This was the first contraction since Q3 2023, driven by tourism-related activities, particularly accommodation and food services (-9.8% vs 8.9%) and arts, entertainment…
Russia's central bank governor Elvira Nabiullina said on Thursday that the regulator would look into fuel's high prices and shortages at its board meeting in July.She said that the central bank assumed that the shortages would be short-lived.
Commercial swaps of assets mutually frozen in the EU and Russia, organized by private brokers, do not have a systemic impact on the domestic market, the central bank's governor Elvira Nabiullina said on Thursday.Nabiullina added that such swaps do not significantly reduce the total amount of frozen…
Russia's need to import more gasoline after Ukrainian drone attacks on refineries will not weaken the rouble because exports of surplus crude oil will also increase, a top central bank official said on Thursday.Russia has begun importing gasoline by sea from India and plans to import 400,000 metric…
Hungary will launch a means-tested school-start benefit program at a cost of 40 billion forints ($128.41 million) per year, Prime Minister Peter Magyar said on Thursday, adding new spending after a surge in the budget deficit in early 2026.Magyar, who ousted right-wing leader Viktor Orban in an Apr…
All dates are in ET Time. Thursday, July 2, 2026 Exp Prev ET/GMT 0830/1230 06/27 Unemployment Insurance Weekly Claims Report - Initial Claims Jobless Claims 220K 215K…
Abu Dhabi, UAE — Sanad, a global leader in aerospace engineering and asset management solutions wholly owned by Mubadala Investment Company, has invested more than AED 25 million to expand its LEAP engine maintenance capabilities that further contributes to positioning Abu Dhabi as a global aerospa…
Riyadh, KSA – Jersey Finance, in partnership with the Saudi British Joint Business Council (SBJBC), convened a high-level roundtable in London titled "Capital, Growth & Resilience ", bringing together Saudi family offices, ultra-high-net-worth individuals (UHNWIs), investors, professional advisers…
The Federation of Thai Industries said on Thursday it has revised its figures for car production in May, with output at 123,276 units, down 11.43% year on year.It previously said production fell 17.94% year on year to 114,214 units.
Ireland’s economy contracted by 7.0% in the first quarter of 2026, extending a 3.6% decline in the previous quarter, according to revised data.The globalized Industry sector contracted by 12.0% from Q4 2025, while Information & Communication declined by 2.0%.Overall, the multinational-dominated sec…
Dubai, UAE – Jersey Finance, in partnership with the Saudi British Joint Business Council (SBJBC), convened a high-level roundtable in London titled "Capital, Growth & Resilience ", bringing together Saudi family offices, ultra-high-net-worth individuals (UHNWIs), investors, professional advisers a…
Growth in Ireland's domestic economy during the first three months of 2026 was revised on Thursday to 0.3% quarter-on-quarter from 0.6% previously while the much more volatile gross domestic product (GDP) was marked down to -7.0% from -12.1%.With Ireland's large multinational sector often distortin…
