Browsing: Business

– On July 29, Brent crude surpassed the $90 mark per barrel as oil markets responded to tightening supply conditions and escalating Middle East tensions. The contract closed at $90.74, marking an increase of $6.65, or 7.9%, during trading. West

– The UK government has allocated £8.4 billion in capital funding to initiate the fourth major phase of construction for its Dreadnought nuclear submarine fleet. According to information released by the Prime Minister’s Office, this investment will facilitate the assembly

– Belgium’s consumer prices unexpectedly increased in July, pushing the headline inflation rate to 3.56 percent from 3.40 percent in June, according to official figures released Thursday. The national statistics agency, Statbel, disclosed that Belgium’s annual inflation surpassed predictions, rising

Structural education deficits threaten to derail Europe’s digital transition goals, as a new study by European research body Eurofound reveals the bloc is on track to miss its 2030 tech employment target by a wide margin. As reported by Emirates

The European Central Bank has decided to keep interest rates steady at its July 2026 policy meeting after previously raising borrowing costs. The Frankfurt-based monetary authority maintained its primary deposit facility rate at 2.25 percent and the main refinancing operations

Private sector wage growth hits six year low in the United Kingdom as official earnings figures show regular pay in the private sector slowed to 2.9 percent in the three months to May 2026. Data published by the Office for National Statistics

Indonesia expects its B50 biodiesel mandate to save 170 trillion rupiah, or about US$10.8 billion, in foreign exchange during 2026. The Energy and Mineral Resources Ministry linked the savings to lower imports of petroleum diesel. B50 requires an equal blend

Global oil prices rose more than 4% Friday, pushing Brent crude above $88 a barrel. Brent futures gained $3.87, or 4.59%, to settle at $88.10. U.S. West Texas Intermediate increased $3.54, or 4.48%, to close at $82.49. Both benchmarks reached

WASHINGTON, D.C. / RankWire.AI / – The United States will impose a 25% tariff on a broad range of Brazilian goods starting July 22. The Office of the U.S. Trade Representative announced the measure after a yearlong Section 301 investigation.

The International Monetary Fund expects the euro area economy to grow 0.9% in 2026 and 1.2% in 2027. The updated forecast marks a slowdown from 1.4% growth in 2025. The IMF Executive Board completed its annual review of common euro