Browsing: Business

– Denmark’s annual consumer price inflation eased to 1.7% in July from 1.9% in June, according to Statistics Denmark. Consumer prices rose 1.3% from June, reflecting sharp seasonal increases in several travel-related categories. Core inflation remained at 2.3%, unchanged from

– Official data indicates that Sweden’s industrial activity experienced a 1.5% decrease in June compared to the previous year. The sector also saw a 0.4% drop from May after seasonal adjustments, signaling a subdued month for the nation’s industry. Statistics

– According to Triodos Bank, Europe’s extreme summer heat and drought could potentially decrease the European Union’s economic output by approximately 1% in 2026. This projected decline translates to an estimated loss of around €180 billion and occurs amid a

– The IRIS² satellite system is set to grow significantly as space authorities in Brussels formalized a binding implementation agreement with the SpaceRISE consortium. This milestone marks the culmination of detailed technical and financial negotiations that began in January 2026,

– Factory activity across the Eurozone expanded in July, marking its strongest growth since March 2022, with production reaching the fastest pace recorded in over a year. The S&P Global manufacturing purchasing managers’ index increased from 51.4 in June to

– The European Union has officially established the Scaleup Europe Fund, aiming to raise €5 billion. The European Commission finalized the legal setup of this fund on August 4, 2026, which operates within the European Innovation Council Fund. EQT will

– The UK economy is expected to keep expanding in 2026, with EY projecting a gross domestic product growth of 0.9% this year and 1.2% in 2027. This outlook comes despite ongoing inflation, investment slowdown, and hiring challenges, which indicate

– UK solar power capacity reached 22.8 gigawatts at the close of June 2026. The Department for Energy Security and Net Zero reported approximately 2.076 million installations nationwide. During June, households, companies, and developers added 27,391 systems, resulting in 132

– On July 29, Brent crude prices surged past the $90 mark, driven by fears of tighter supplies and renewed conflict in the Middle East. The benchmark settled at $90.74, reflecting a gain of $6.65, or 7.9%, during the trading

– An £8.4 billion investment from the UK government marks the official commencement of the fourth major phase in building the Dreadnought nuclear submarine fleet. The Prime Minister’s Office released details indicating that this funding will facilitate the assembly of