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…
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…
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…
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…
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…
--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…
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…
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.
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…
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.
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…
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…
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…
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…
Private consumption in Thailand rose 0.6% month-on-month in May 2026, following a 2.1% fall in the previous month.The improvement was driven mainly by stronger spending on durable goods, particularly passenger cars, as consumers increasingly favored electric vehicles amid elevated fuel prices.Spend…
Polish grid operator has called on power producers to meet their capacity market obligations on Tuesday evening to boost generation reserves for high demand amid heatwave coinciding with low generation from wind farms, the company said.
JAPAN GOVT UPGRADES ITS VIEW ON US ECONOMY FOR 1ST TIME IN OVER 2 YEARS: ‘EXPANDING MODERATELY’ VS. ‘EXPANDING MODERATELY WITH WEAKNESS IN SOME AREAS’
Sainsbury's LSE:SBRY, Britain's second largest supermarket group, expects more food inflation to come through as a result of the Middle East conflict, its boss said on Tuesday."There is pressure in the system for sure and there will be some inflation to come through," CEO Simon Roberts told reporte…
Copyright RTT News/dpa-AFX
Copyright RTT News/dpa-AFX
