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Browsing: Business
Higher energy prices and weak confidence push the IMF’s euro area outlook to 0.9% growth in 2026 and 1.2% in 2027, with inflation at 2.9%.
Volkswagen is examining up to 100,000 job reductions worldwide while existing German agreements cover about 50,000 positions by 2030.
The modernised EU-Mexico trade agreement receives Council approval, while Mexico’s procedures remain required for entry into force.
Russian gas exports to the EU increased in early 2026 as Yamal LNG shipments reached record levels and TurkStream pipeline flows also rose.
Italy factory output declined 0.3% in May after three gains, though annual industrial production increased 1.1% on an adjusted basis.
FAO’s 2026 flagship report finds diverse suppliers, predictable trade rules and targeted reserves can strengthen global food security worldwide.
European Parliament vote opens talks with EU governments on digital euro rules, consumer access, payment services and cash protections.
Apple’s Broadcom deal supports U.S. chip manufacturing with custom silicon, radio frequency components and connectivity technology.
Austria’s latest electric steel project adds CO2-reduced output capacity as Voestalpine upgrades production at Linz and Donawitz sites.
Global intangible investment crossed US$10 trillion for the first time in 2025, WIPO said, outpacing tangible asset growth.
