Dubai – PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates a multi-brand portfolio of hotels and resorts, has expanded its digital transformation strategy through a landmark partnership with Hudini. The agreement will see PPHE use Hudini’s integrated…
Central European currencies were little moved on Tuesday as investors assessed news from the Middle East and digested lower-than-expected inflation in Poland.Iranian and U.S. negotiating teams were due in Doha this week, but Iran said on Monday no meeting had been scheduled as weekend missile fire…
Retail sales in Greece fell 0.1% year-on-year in April 2026, reversing a 3% increase in the previous month and marking the first annual decline since September 2025.Sales in the automotive fuel sector dropped 7.4% after remaining unchanged in March, while the non-food sector excluding automotive fu…
Belgium's producer prices rose 9.7% year-on-year in May 2026, up from 8.7% in April and marking the strongest increase since January 2023.Price growth accelerated in both domestic and foreign markets, to 9.1% from 8.2% and 11.3% from 9.7%, respectively.By sector, manufacturing posted the largest in…
Investors lower their expectations of the Bank of England increasing interest rates in 2026 as oil prices fall and inflation concerns ease. "For now, cheaper crude is a clear macro positive, easing headline inflation pressure across importers," Tickmill Group's Patrick Munnelly says in a note. Inve…
Ukraine will revise nuclear plant maintenance schedules and seek to increase electricity imports from Eastern European countries, its energy minister said on Tuesday as Ukrainians braced for the return of hourly power cuts.
By Edith HancockThe European Union will limit the amount of tariff-free steel its member states can import from Wednesday, as part of officials' efforts to protect its steel industry from overcapacity from countries like China.The bloc's new system would cut tariff-free steel import volumes by 47…
By Leigh ThomasFrance's already heavy debt burden is at risk of rising steadily higher unless the government delivers deeper spending cuts and restarts stalled pension reforms, the OECD warned on Tuesday, as slowing growth adds pressure on public finances.The Organisation for Economic Co-operation…
South Africa's formal sector employment, excluding agriculture, fell 0.8% quarter on quarter to 10.468 million people in the first quarter of 2026, statistics agency data showed on Tuesday.
BRUSSELS (dpa-AFX) - A measure signaling future turning points in the Swiss economy improved to the strongest level in four months, results of a survey by the KOF Swiss Economic Institute showed Tuesday.The economic barometer rose to 101.2 in June from a revised 98.6 in May. Moreover, it remained a…
By Don Nico ForbesFrench and Italian inflation cooled 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.In France, consumer price growth slowed to 2.0% on year from 2.8% in May, according to EU-h…
Dubai, UAE – Sales values in Dubai’s retail real estate market surged 171% year-on-year to AED2.1 billion in Q1 2026, with off-plan transaction values up 225%, says leading real estate advisory group and property consultancy, Cavendish Maxwell.Around 485 retail sales transactions were secured in Q1…
Sri Lanka's Colombo Consumer Price Index rose 6.8% year-on-year in June, after a 5.5% rise in May, the Statistics Department said on Tuesday.The index (LKCCPI=ECI), a leading indicator for broader national prices, tracks inflation in Sri Lanka's capital.
Croatia's industrial production fell 1.1% year-on-year in May 2026, easing from a 2.1% decline in April.Mining and quarrying contracted 5.0%, following a 0.7% drop a month earlier.Manufacturing output declined 2.4% after falling 1.5%, weighed down by sharper declines in clothing (-16.6% vs -14.2…
Spain's current account surplus narrowed to EUR 1.88 billion in April 2026, from EUR 2.46 billion in the same month last year.The primary and secondary income deficit widened to EUR 5 billion from EUR 3.80 billion.On the other hand, the balance of goods and services recorded a EUR 6.89 billion surp…
By Leika KiharaJapan will overhaul its budget process to more flexibly boost investment in growth areas and respond to crises, Prime Minister Sanae Takaichi's first economic blueprint showed on Tuesday, underscoring her administration's focus on reviving the economy.While the blueprint repeatedly s…
Portugal's Debt Agency IGCP:
Majda MuhsenJordan is studying options to strengthen its electricity interconnection with Egypt as part of efforts to enhance energy security and support the growing integration of renewable energy into the national grid, local Arabic language newspaper Addustour said in a report on Tuesday.The rep…
Producer prices in Malta rose 1.4% year-on-year in May 2026, the highest since October 2023, following a 0.9% increase in April.Inflation accelerated for capital goods (5.1% vs 3.2% in April), and intermediate goods (2.9% vs 2%).On the other hand, a decline of 0.6% was registered in consumer goods…
Copyright RTT News/dpa-AFX
