Cairo – Egypt for the Best Summit 2026, held under the patronage of Dr. Mostafa Madbouly, Prime Minister of Egypt, honored Ahmed Wadi, Founder and CEO of Money Fellows, following the company’s selection among Egypt’s Top Startups for 2025, in recognition of its rapid growth and significant role in…
The seasonally adjusted unemployment rate was 6.3% this month, according to figures from the government labour office on Tuesday, in line with analysts' expectations.The adjusted jobless rate briefly hit a six-year high of 6.4% in April before falling back to 6.3% last month, a level that it has st…
Austria recorded a current account surplus of €7.33 billion in Q1 2026, the largest in two years, up from €6.62 billion in the corresponding period of the previous year.The services surplus widened to €5.82 billion from €5.41 billion in Q1 2025, and the goods surplus rose to €1.81 billion from €1.1…
North Macedonia's industrial production fell 2.0% year-on-year in May 2026, reversing a 7.6% increase in April.The decline was driven by mining and quarrying, which fell 3.6% after a 4.3% rise, and manufacturing, which contracted 2.6% following a 6.8% increase.Meanwhile, electricity, gas, steam and…
Portugal’s consumer price inflation rate dipped to 3.2% year-over-year in June 2026, down from the over two-year high of 3.3% recorded in April and May, according to a preliminary estimate.Energy inflation slowed to 9.2% from 13.1%, and food price growth also moderated, with unprocessed food inflat…
Retail sales in Latvia rose by 3.3% year-on-year in May 2026 from a downwardly revised 2.5% growth in the previous month.Sales increased for food products (2.9% vs 1.8% in April), non-specialized stores (3.0% vs 1.6%), and non-food products, except for automotive fuel (5.5% vs 2.8%), lifted by high…
BRUSSELS (dpa-AFX) - French stocks gained some ground in positive territory on Tuesday, as investors continue to follow the latest developments with regard to US-Iran peace talks, and the European Central Bank's annual Sintra Forum.Lower oil prices, data showing a slowdown in inflation, and hopes t…
Real retail sales in Serbia rose by 6.2% from the previous year in May of 2026, picking up from the 5.6% increase in the previous month.Sales increased broadly throughout the Serbian economy, including retail trade of non-food products (5%), automotive fuel in specialized stores (6.6%), and food, b…
North Macedonia's retail sales rose 7.3% year-on-year in May 2026, accelerating from 2.1% in April.The strongest growth came from automotive fuel sales, which surged 36.2% after a 14.7% increase in the previous month.Retail sales excluding fuel rose 6.0%, slightly easing from 6.2%.Sales of food, be…
The inflation rate in Colombo, Sri Lanka’s capital, rose to 6.8% in June 2026 from 5.5% in the previous month, above market expectations of 5.8%.This marked the highest reading since June 2023, as food inflation accelerated to a one-year high of 3.6% from 0.9% in May.Additionally, non-food prices r…
The European Commission on Tuesday said it opened an in-depth investigation into a €134 million ($152.69 million) capital injection into Post Danmark from its parent company PostNord Group AB, which belongs to the Danish and Swedish states.A prior investigation by the Commission in 2018 had conclud…
The EU-harmonised inflation rate in Ireland softened to 3.3% in June of 2026 from 3.5% in the previous month, according to a flash estimate.It was the softest inflation rate since February of this year, before the war in Iran drove militaries to blockade the Strait of Hormuz and trigger a global en…
Brazil's 2026/27 agricultural Safra Plan will total between 608 billion and 610 billion reais ($117.53 billion and $117.91 billion), newspaper Estadao reported late on Monday citing an interview with Agriculture Minister Andre de Paula.The plan will provide a record 525.1 billion reais in funds ava…
The current account deficit of Croatia widened to EUR 3,411 million in the first quarter of 2026 from EUR 3,277 million in the corresponding period of the previous year.The goods account deficit increased to EUR 4,920 million from EUR 4,834 million in the first quarter of 2025.At the same time, the…
Irish inflation eased to 3.3% in June from 3.5% a month earlier to hit a four-month low, a flash estimate of the Harmonised Index of Consumer Prices showed on Tuesday.Core inflation, which excludes energy and unprocessed food, also dropped slightly to 2.6% from 2.7% a month earlier, the Central Sta…
Portuguese consumer prices rose 3.2% year-on-year in June, down from 3.3% in the previous month, preliminary data from the National Statistics Institute (INE) showed on Tuesday.Core inflation, which strips out volatile food and energy prices and is seen as a better gauge of the underlying trend, ca…
A new Realtor.com® report traces how Congress has intervened — again and again — to make the American dream financially possible, and what it would take to do it once moreAUSTIN, Texas, June 30, 2026 /PRNewswire/ -- As the United States marks 250 years of independence, just over 65% of American hou…
By Michael S. DerbyThe Federal Reserve's rebuild of money market liquidity is pointing to a quiet turn of the quarter, market participants say, as ample central bank cash depresses the volatility that often emerges around such calendar dates.Heading into the quarter-end, market participants do not…
By David LawderU.S. President Donald Trump's administration is expected to formally declare on Wednesday that it will not extend the U.S.-Mexico-Canada Agreement on trade, starting a decade-long clock to wind down the 32-year-old North American free trade zone as the three countries haggle over pro…
By Howard SchneiderThe Supreme Court may have reaffirmed the U.S. Federal Reserve's independence, but in a pair of rulings also left the central bank isolated as possibly the last agency able to wield executive power based on expertise free of the threat of its officials being fired by the presiden…
