NEWS dow-jones
EU to Limit Tariff-Free Steel Imports, Apply 50% Duty Above Quota
EU to Limit Tariff-Free Steel Imports, Apply 50% Duty Above Quota
NEWS dow-jones
EU's Steel Tariff Regime Comes Into Effect July 1
EU's Steel Tariff Regime Comes Into Effect July 1
NEWS dpa_afx
Finland Economic Output Grows 2.8% In May
HELSINKI (dpa-AFX) - Finland's economic output expanded at a faster pace in May, data from Statistics Finland showed on Tuesday.Output of the national economy rose a working-day-adjusted 2.8 percent year-over-year in May, following a 2.4 percent growth in April, which was revised upwardly from 0.9…
reuters
TotalEnergies Will Maintain A Price Cap Of €1.99 Per Litre On Petrol And Diesel In July And August In Rural Areas In France
TotalEnergies SE EURONEXT:TTE:
NEWS reuters
EU unveils new steel import quotas to protect its industry from overcapacity
The European Commission unveiled quotas under the new system to limit duty-free steel imports into the European Union, in a move designed to protect the bloc's steel sector and increase its capacity utilisation to 80%.In the new rules, the EU's annual tariff-free import quotas are slashed by 47% t…
NEWS dow-jones
Philippines Inflation Likely Remained Elevated in June — Market Talk
Inflation in the Philippines likely remained high in June, Bangko Sentral ng Pilipinas says in a statement. The decline in domestic oil prices and lower prices of major food items, such as rice and meat, may have tempered inflation. However, high electricity rates and vegetable prices could partly…
trading-economics
Bulgaria Business Confidence Weakens
Bulgaria’s industrial business climate index declined to 16.1 in June 2026 from an eight-month high of 18.4 in May, remaining below the long-term average of 21.4.The figure reflects more subdued assessments from industrial entrepreneurs regarding the current business situation (-3.3 vs -2.2 in May…
NEWS sharecast
China factory activity grows more than expected in June
The official manufacturing purchasing managers’ index rose to 50.3 from 50.0 in May, coming in a touch ahead of market expectations for a reading of 50.1.A reading above 50.0 indicates expansion, while a reading below signals contraction.The non-manufacturing PMI, which covers construction and serv…
NEWS dow-jones
ECB's Sintra Forum Unlikely to Have Major Impact on Euro — Market Talk
The European Central Bank's forum on central banking in Sintra, Portugal, is unlikely to materially impact the euro, ING's Francesco Pesole says in a note. ECB President Christine Lagarde's opening remarks Monday were quite measured, he says. There was little to prompt markets to revise expectation…
U.K. Watchdog Proposes Easing Apple, Google Curbs on Alternative Payment Systems
By Adria CalatayudBritain's antitrust watchdog proposed easing restrictions put in place by Apple and Google to prevent U.K. app developers from steering customers toward alternative payment platforms.The U.K.'s Competition and Markets Authority said Tuesday that it would launch a consultation on n…
zawya
ZAWYA: Cisco: 86% of Saudi organizations have hit or expect to hit network capacity limits within two years due to AI
Riyadh, Saudi Arabia – New research, released by Cisco in partnership with Foundry, reveals that organizations in Saudi Arabia face a two-year window before network capacity reaches its limit, as AI-driven traffic increases significantly across key AI workloads and attack surfaces expand beyond wha…
Japan Government Keeps Gradual Economic Recovery View as Global Energy Prices Have Eased, Consumer Sentiment Has Picked Up from Recent Bottom
--Government Also Warns Mideast Conflict Has Triggered a Spike in Producer, Import Costs(MaceNews) – Japan’s government continues to predict that the economy will stay on a gradual recovery track, pointing that its fuel subsidies and free high school education are helping ease inflation and hot wea…
trading-economics
Germany’s Unemployment Steady at 6.3% in June
Germany’s seasonally adjusted unemployment rate held at 6.3% in June 2026, with the number of unemployed unexpectedly falling by 1,000 to 2.984 million, below the 3 million mark.Meanwhile, non-adjusted unemployment dropped by 15,000 to 2.94 million.Andrea Nahles, head of the agency, stated that the…
NEWS reuters
Egypt moves to step up fuel supply ahead of rise in power demand this summer
Egypt's electricity and petroleum ministers met on Tuesday to coordinate fuel supply and grid management ahead of a summer in which power demand is expected to rise 8% over last year's record peak of 40,000 megawatts, according to a joint ministry statement.
trading-economics
Bulgaria Inflation Rate Slows in June
Bulgaria's annual inflation rate eased to 5.6% in June 2026 from 6.9% in May, according to preliminary estimates.The slowdown was driven mainly by softer price increases for transport (17.8% vs 21.6% in May), recreation, sport and culture (10.8% vs 15.7%), food and non-alcoholic beverages (2.5% vs…
NEWS reuters
South African inflation expectations jump in second quarter on oil price shock
South African inflation expectations rose sharply in the second quarter of 2026, a survey showed on Tuesday, as the oil price shock triggered by the Iran war made analysts, business people and trade unions all raise their forecasts.
NEWS zawya
ZAWYA: The UAE's first national passenger rail service begins as Etihad Rail welcomes first paying passengers
Abu Dhabi, UAE – The UAE's first national passenger rail service entered operation this morning as Etihad Rail welcomed its first paying passengers onboard the inaugural scheduled service from Fujairah to Abu Dhabi, marking a historic milestone in the country's transport journey.Departing Fujairah…
NEWS reuters
Philippine central bank estimates June annual inflation in range of 6.0% to 7.0%
The Philippine inflation rate was likely to fall within a range of 6.0% to 7.0% in June, the central bank said on Tuesday, reflecting lower prices of major food items and higher electricity rates."The BSP will remain vigilant and guided by incoming data, particularly on inflation and growth prospec…
NEWS globenewswire
Statkraft adds first wind project to its renewable portfolio in Peru
Emma project(Oslo/Lima, 30 June 2026) – Statkraft, Europe’s largest generator of renewable energy, is expanding its renewable energy portfolio in Peru with the construction of the high-performing 72 MW Emma wind project in Piura. The project marks Statkraft’s first investment in wind power in the c…
trading-economics
Italy Producer Inflation at 2023-Highs
Italy's producer prices surged 7.3% year-on-year in May 2026, the highest level since February 2023 and up from 6.8% in April.Domestic prices accelerated to 9.1% from 8.8% in the previous month, as electricity and gas price growth accelerated to 12.6% from 10.3%.Excluding energy, prices increased 2…