Economy

Economic News

20 stories
NEWS dpa_afx

Russia Factory Activity Expands Slightly In June

MOSCOW (dpa-AFX) - Russia's factory activity logged a renewed growth in June as output rose at the quickest pace since January 2025 amid improving demand conditions, survey results from S&P Global showed on Wednesday.The manufacturing purchasing managers' index, or PMI, climbed to 50.3 in June from…

dpa-AFX en
Economy
NEWS dpa_afx

Eurozone Inflation Slows In June

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Eurozone inflation slowed to a three-month low in June, flash data from Eurostat showed Wednesday.Inflation weakened to 2.8 percent from 3.2 percent in May. This was the lowest rate since March and remained below forecast of 3.0 percent.Core inflation that exclu…

dpa-AFX en
Economy
NEWS dow-jones

U.S. Employer Layoff Plans Cool in June, Tech Leads Job Cuts

By Jessica CoacciU.S. based employers announced 45,849 job cuts in June, down 53% from 97,006 cuts announced in May, according to a report from the global outplacement and executive coaching firm Challenger, Gray & Christmas.Employers in the technology sector led the decline with 15,503 staff reduc…

Dow Jones Newswires en
Economy
dow-jones

Eurozone Inflation Declines as Energy Shock Fades in Relief for ECB

By Ed FranklCooling energy prices helped push eurozone inflation lower in June, increasing the likelihood the European Central Bank will refrain from raising its key interest rate for a second meeting in a row later this month.Inflation in the 21-nation currency area fell to 2.8% from 3.2% in May…

Dow Jones Newswires en
Economy
NEWS dpa_afx

Dutch Q1 GDP Growth Revised Higher

BRUSSELS (dpa-AFX) - The Dutch economy expanded more than initially estimated in the first quarter of 2026, the latest data from the Central Bureau of Statistics showed on Wednesday.Gross domestic product rose 0.2 percent sequentially, following a 0.4 percent increase in the fourth quarter. In the…

dpa-AFX en
Economy
NEWS dpa_afx

UK House Prices Remain Flat In June

LONDON (dpa-AFX) - UK house prices remained flat in June as uncertainty caused by the war in the Middle East and the subsequent rise in fuel prices and market interest rates weighed on the property market, data from Nationwide Housing Society showed Wednesday.House prices posted a flat growth in Ju…

dpa-AFX en
Economy
modular_finance

Goodtech shall upgrade Skistua transformer station in Narvik

Goodtech has signed a contract with Noranett for the modernization of Skistua transformer station in Narvik. The project will strengthen critical power infrastructure in a region preparing for increased activity and international attention ahead of the FIS Alpine World Ski Championships in 2029.Goo…

MFN by Modular Finance en
EconomyStocks NO
modular_finance

Yubico Joins European Cyber Security Organisation (ECSO)

New membership enables Yubico to continue advancing phishing-resistant authentication and modern digital identity standards across Europe, strengthening cyber resilience and digital sovereignty amid rising identity-based cyber threatsYubico, the pioneer of phishing-resistant authentication and crea…

MFN by Modular Finance en
EconomyStocks SE
dpa_afx

China Manufacturing Growth Remains Strong

BEIJING (dpa-AFX) - China's manufacturing activity logged a robust growth in June, completing the strongest quarter since the fourth quarter of 2020, survey data released by S&P Global showed Wednesday.The RatingDog China manufacturing Purchasing Managers' Index posted 51.7 in June, down from 51.8…

dpa-AFX en
Economy
cointelegraph

Anthropic to bring back Fable 5 as US lifts export controls

Artificial intelligence company Anthropic is set to restore public access to its most powerful AI models, Claude Fable 5 and Mythos 5, weeks after they were pulled offline under a directive from the US government.Anthropic’s two latest models have been restricted from public access since June 12, w…

Cointelegraph en
EconomyStocks US
NEWS dow-jones

AI Boom Continues to Fuel Asia Factory Activity But Divide Is Widening

By Kimberley KaoGauges of factory activity in Asia largely rose to close out the first half of the year, driven by a global surge in artificial-intelligence hardware demand. However, mounting cost pressures and disparities in the AI boom cloud the outlook.S&P Global purchasing managers indexes rele…

Dow Jones Newswires en
Economy
NEWS dow-jones

Indonesia Inflation Accelerated in June

By Ying Xian WongIndonesia's consumer inflation picked up last month as higher energy prices continued to push up prices.The headline consumer-price index rose 3.34% in June from a year earlier, accelerating from the 3.08% increase in May, reflecting higher food, transportation and personal care pr…

Dow Jones Newswires en
Economy