Browsing: Business

– Russia projects its 2026 grain harvest to be approximately 140 million tonnes as farmers approach the final phase of the harvest season. Deputy Prime Minister Dmitry Patrushev stated that harvesters have already gathered over 126 million tonnes of grain.

– Euro area unemployment persisted at 6.4% in August 2026, with no change from July, according to Eurostat. The rate was 6.3% in August 2025. Meanwhile, across the European Union, the unemployment rate stayed at 6.1% for a second consecutive

– European Union experienced a 4.7% increase in house prices during the second quarter of 2026 compared to the same period last year. Rents also saw a 3.0% rise, maintaining their upward momentum across member states. Eurostat indicated that house

– Russia has outlined a plan to achieve an annual coal output of 662 million tonnes by 2050 as part of a newly sanctioned industry development strategy. This target is integrated into Russia’s revised coal growth blueprint, with current production

Moody Ratings has affirmed the European Union top AAA credit rating with a stable outlook, confirming that the 27-nation bloc continues to hold the highest level of creditworthiness. This status is supported by its strong institutional structure and the solid

– The Government of Portugal has officially approved a capital investment of approximately 420 million euros to expand municipal light rail and bus rapid transit networks across the northern metropolitan region. The cabinet decision authorizes the extension of the Porto

As part of commemorating World Maritime Day, international shipping networks face significant operational threats due to unprecedented geopolitical strains. The International Maritime Organization in London emphasized that commercial shipping is directly affected by broader geopolitical conflicts, which have disrupted vital

– Transport costs within the European Union are projected to rise by an estimated €53 billion in 2026 due to higher road fuel prices. The estimate was published by Transport & Environment on September 23 after analyzing data from the

– The OECD has upgraded its forecast for worldwide economic expansion in 2026 to 2.9%, citing signs that the global economy is more robust than previously anticipated. This revised estimate is an increase from the 2.8% projection made in the

– Russia’s non-resource, non-energy exports surpassed $96 billion in the period from January to July 2026, reflecting an 8% increase compared to the same months last year. First Deputy Prime Minister Denis Manturov highlighted this year-on-year growth in his latest