Browsing: Business

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

The Brazilian government revealed on Thursday its plans to implement potential retaliatory trade measures against the European Union should bilateral negotiations fail to overturn a recently introduced European ban on Brazilian animal products. The diplomatic rift deepened after a deadline

– Euro area annual inflation reached an estimated 3.3% in August 2026, up from 2.9% in July. The month saw a notable surge in energy prices. Eurostat published the preliminary estimate on Sept. 1. Previously, the inflation rate was 2.8%

The resurgence of energy costs unsettled investors on Wall Street, as a notable rise in crude oil prices reignited concerns over ongoing inflation and potential interest rate hikes by the Federal Reserve. The Dow Jones Industrial Average decreased by 380

– Bank of Russia anticipates an average key rate of 13% to 15% in 2027 in its proinflationary scenario. This projection is part of the central bank’s Monetary Policy Guidelines for 2027 to 2029. At the end of August 2026,

– Russia intends to increase its yearly vehicle output to approximately 2.8 million units by 2035 as part of its revised automotive industry strategy. First Deputy Prime Minister Denis Manturov announced this target during a sector development meeting on Aug.

– Oil prices declined once again on Thursday, prolonging a multi-day slide as markets monitored developments related to the Strait of Hormuz. Brent crude futures decreased by 41 cents, or 0.5%, reaching $87.43 a barrel at 0330 GMT. West Texas

– Hungary will uphold its adjusted 2026 budget deficit goal at 7.5% of gross domestic product. The Finance Ministry affirmed this target as the government prepares to revise this year’s fiscal plan. Authorities pointed to the country’s fiscal situation, severe

– European Union experienced a €21.8 billion goods trade shortfall in the second quarter of 2026, marking its first quarterly deficit since 2023, according to Eurostat. Imports from outside the bloc amounted to €701.8 billion, while exports stood at €680.0

– According to recent data from Adzuna, the number of graduate job opportunities in the UK dropped by almost 46% in July compared to the same month last year. The platform reported 8,383 active graduate vacancies, a decrease from 15,397