Browsing: Business

During the initial six months of 2026, Russia’s exports of non-resource, non-energy industrial products increased to $58.8 billion, driven by higher shipments of chemical goods, metallurgy, and light industry items. The Ministry of Industry and Trade of the Russian Federation

The Brazilian government revealed on Thursday its plans to potentially implement reciprocal trade sanctions against the European Union if negotiations fail to overturn the recent European ban on Brazilian animal products. The diplomatic disagreement intensified after a deadline set by

– Euro area annual inflation rose to an estimated 3.3% in August 2026, from 2.9% in July. Energy prices increased sharply during the month. Eurostat reported the flash estimate on Sept. 1. The inflation rate had stood at 2.8% in

A sharp increase in crude oil prices rattled financial markets, with energy costs sparking renewed concerns over persistent inflation and the possibility of central bank interest rate hikes. The Dow Jones Industrial Average fell by 380 points during this decline,

– The Bank of Russia projects an average key rate of 13% to 15% in 2027 under its proinflationary scenario. The forecast forms part of the central bank’s Monetary Policy Guidelines for 2027 to 2029. Russia’s key interest rate stood

– Russia plans to escalate its yearly vehicle manufacturing to approximately 2.8 million units by 2035 as part of its revised automotive sector plan. First Deputy Prime Minister Denis Manturov announced this target on Aug. 31 during a meeting dedicated

– Oil prices declined once more on Thursday, prolonging a multi-day slide as market attention remained focused on developments around the Strait of Hormuz. Brent crude futures decreased by 41 cents, or 0.5%, reaching $87.43 per barrel at 0330 GMT.

– Hungary will uphold its adjusted 2026 budget deficit target at 7.5% of gross domestic product. The Finance Ministry affirmed this goal as the government prepares to revise this year’s budget. Authorities cited fiscal pressures, severe drought, and escalating energy

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

– According to new data from Adzuna, UK graduate job openings in July decreased by almost 46% compared to the same month last year. The platform recorded a total of 8,383 active graduate vacancies, down from 15,397 in July 2025.