Browsing: Business

– The Bank of England approaches its September policy session with the Bank Rate held steady at 3.75%, even as inflation remains above the government’s 2% target. The Monetary Policy Committee is set to announce its next interest rate decision

– Following weaker economic activity during the initial half of the year, Austria’s central bank has lowered its forecast for 2026 economic growth. The Oesterreichische Nationalbank now anticipates the real gross domestic product will increase by 0.5% this year, down

Gold prices remained close to their lowest point in a week on Friday, reflecting widespread market pressure following a sharp sell-off in the previous trading session. The bullion hovered near multi-session lows as investors reassessed global monetary policy expectations and

Regional stock markets across Europe ended in the red as investors reacted to the European Central Bank’s decision to hike interest rates. Major benchmarks experienced widespread selling pressure during trading hours following the central bank’s monetary policy announcement from Frankfurt.

India and Russia agreed to accelerate bilateral economic cooperation to achieve a target of $100 billion in two-way trade by 2030. Following high-level plenary sessions at the INNOPROM India 2026 industrial technology exhibition in New Delhi, officials from both governments

– The United Arab Emirates is set to allocate €40 billion across various key sectors in Germany, encompassing industry, artificial intelligence, advanced technology, digital infrastructure, and energy. This significant investment plan was unveiled during President Sheikh Mohamed bin Zayed Al

– The European Central Bank implemented a 25 basis point increase across its three main interest rates on Thursday, citing ongoing inflation pressures. The ECB highlighted that the conflict in the Middle East continues to exert upward pressure on prices

– Russia is boosting its financial and developmental tools to support its creative industries as their economic influence continues to grow. In 2025, the sector contributed 4.2 percent to Russian GDP, with its gross value added reaching 8.26 trillion rubles

Volkswagen AG signed an agreement to hand over its Osnabrück assembly plant to private equity group Aurelius Capital and the state government of Lower Saxony in a pivotal move to pivot unused automotive capacity toward European military production. As passenger car

During the initial six months of 2026, Russia’s exports of non-resource, non-energy industrial goods increased to $58.8 billion, driven by higher shipments of chemicals, metallurgy, and light industrial products. The Russian Federation Minister Anton Alikhanov confirmed these trade figures during