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Polish inflation slows to 2.5%, strengthening case for stable or lower rates

Poland's inflation rate slowed in June and came in below analysts' forecasts, reinforcing market expectations that interest rates will remain unchanged and could even fall this year.Inflation (PLCFY=ECI), (PLCFM=ECI) eased to 2.5% year-on-year in June, from 3.1% in May, the statistics office said o…

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Economy
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SAS orders Airbus widebody aircraft for more than $10 billion

Scandinavian airline SAS said on Tuesday it would buy up to 40 Airbus EURONEXT:AIR widebody aircraft in the largest investment in the company's history."The Airbus order represents the highest-value aircraft order ever placed by SAS, with a total list price of over $10 billion," it said in a statem…

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StocksSE
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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…

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Economy