Retail sales in Croatia rose by 0.5% year-on-year in May 2026, easing from a 2.0% increase in the previous month, marking the softest growth since March 2023.Sales growth moderated for food, beverages, and tobacco (1.9% vs 2.6% in April).Additionally, activity recorded a flat reading for non-food p…
Al Ain, UAE – Novo Nordisk, a global leader in the treatment of obesity and diabetes, signed a Memorandum of Understanding (MoU) with Al Ain Pharmacy Group, aimed at increasing awareness for obesity as a chronic disease, while engaging the public and healthcare professionals in Al Ain.As part of th…
China's commerce ministry said Tuesday that it will impose a preliminary antidumping ruling against Canadian pea starch, alleging the imports cause "material injury" to the domestic industry.Importers of Canadian pea starch must deposit a 73.5% security margin with Chinese customs from July 1, said…
BRUSSELS (dpa-AFX) - Germany's retail sales recovered unexpectedly in May, official data showed Tuesday.Real retail sales increased 1.1 percent on a monthly basis in May, reversing a 0.4 percent drop in April, Destatis reported. Sales were forecast to remain flat.Sales in the food sector grew 1.1 p…
Producer prices in Greece climbed 13.5% year-on-year in May 2026, following a 12.8% rise in the previous month and marking the highest reading since January 2023.Price growth accelerated across several categories, including intermediate goods (6.1% vs. 5.0% in April), capital goods (3.4% vs. 3.0…
Cyprus’ current account deficit widened to €1.27 billion in Q1 2026, up from €1.01 billion in the same period last year.The goods deficit was virtually unchanged at €1.58 billion, while the services surplus narrowed to €1.25 billion from €1.47 billion.The primary income gap slightly decreased to €0…
RNS Number : 3798K SSE PLC 30 June 2026 SSEN Transmission welcomes 'Beyond 2030 Update'SSEN Transmission, SSE plc's electricity transmission business, welcomes today's publication by the National Energy System Operator (NESO) of its 'Beyond 2030 Update'. This sets out a series of additional n…
The headline national inflation rate in Italy softened to 3.0% in June of 2026 from 3.2% in the previous month, according to a preliminary read.It was below market expectations of a 3.1% rate and marked the first deceleration in consumer prices since January, potentially pointing to the top of the…
Dubai, United Arab Emirates – Most UAE employers are already utilising AI tools to support a variety of important HR functions, including in many cases promotion and termination decisions, according to a recent YouGov survey. The research, commissioned by HireRight, a leading provider of global bac…
Italian EU-harmonised consumer prices (HICP) rose 0.1% in June from the month before, with the annual inflation rate slowing to 3.1% from May's 3.2%, preliminary data showed on Tuesday, amid high energy costs due to turmoil in the Middle East.The reading was slightly below a median forecast in a Re…
By Dharamraj DhutiaPersistent tightness in India's banking system liquidity has pushed the overnight call money rate above the ceiling of the monetary policy corridor for the first time in this financial year.The interbank call money rate hit 5.65% on Tuesday, rising above the central bank's Margin…
A Michigan judge temporarily blocked prediction market Kalshi from allowing residents to place bets on sporting events, after the state's attorney general accused the platform of violating gambling laws.Kalshi was hit with a temporary restraining order from Ingham County Circuit Court Judge Rosemar…
The annual inflation rate in Kenya eased to 6.4% in June 2026 from 6.7% in the prior month, which was the steepest since January 2024.This marked the first slowdown in overall inflation since February, amid softer increases in prices of transportation (16.1% vs 16.5% in May) and food (8.6% vs 9.4…
Polish grid operator PSE has called on power producers to meet their capacity obligations on Tuesday evening to boost generation reserves as the country grapples with a heatwave and low generation from wind farms.The call is a remedial measure that the grid can use when the generation capacity surp…
The gap between U.S. and European productivity is growing, but this isn't due to a lack of innovation, says Bart Van Ark, a professor at the University of Manchester. Despite strength in scientific research, fragmented capital markets, regulatory barriers and weak coordination are limiting the scal…
Greek retail sales by volume fell 0.1% in April compared to the same month a year earlier after a 3.0% rise in March, statistics service ELSTAT said on Tuesday.Sales volume of the food sector was up 4.1% year-on-year, with the sales volume of the non-food sector (except automotive fuel) decreasing…
European Central Bank policymakers welcomed the recent drop in oil prices on Tuesday but warned that energy costs remain high and the shock will linger in the economy for some time, fuelling price pressures.The ECB raised interest rates last month and policymakers are contemplating whether to follo…
Slovenia's consumer prices rose 3.6% annually in June, unchanged from the previous month, while they rose 0.8% month-on-month, the country's statistics office said on Tuesday.The biggest contribution to annual prices came from higher housing, water, electricity, gas and other fuel costs, while the…
By Maria MartinezThe number of unemployed people in Germany fell unexpectedly in June, labour office figures showed on Tuesday.In seasonally adjusted terms, the jobless figure fell by 1,000, while analysts and economists had predicted an increase of 7,000 in a Reuters poll.The overall adjusted numb…
China's commerce ministry said Tuesday that it will impose a preliminary antidumping ruling against Canadian pea starch, alleging the imports cause "material injury" to the domestic industry.Importers of Canadian pea starch must deposit a 73.5% security margin with Chinese customs from July 1, said…
