Browsing: Business

Gold heads for weekly loss as investors unwind inflation-fuelled rally following mild US consumer price data that triggered broad profit taking. The post Gold heads for weekly loss as investors unwind inflation rally appeared first on British Messenger.

Official data confirms Italy’s inflation eases to 2.9 percent in July, offering relief as non-regulated energy price growth cools. The post Italy’s inflation eases to 2.9 percent in July according to Istat appeared first on British Messenger.

Spain’s inflation rose to 3.6% in July as transport, housing and energy costs climbed, while core inflation increased to 3.0% annually. The post Spain inflation climbs to 3.6% in July above initial estimate appeared first on British Messenger.

Euro area industrial production was flat in June 2026, while EU output rose 0.2%, with energy and consumer goods offsetting weaker capital goods. The post Euro area industry stalls while EU output rises 0.2% appeared first on British Messenger.

Italy inflation eased to 2.9% in July 2026 from 3.0% in June, while energy and food price shifts shaped the latest consumer price data. The post Italy inflation eases to 2.9% in July 2026 appeared first on British Messenger.

Denmark consumer inflation fell to 1.7% in July, with services up 3.8%, goods down 0.7% and core inflation unchanged at 2.3% overall. The post Denmark inflation cools while core rate holds at 2.3% appeared first on British Messenger.

Sweden’s industrial output fell 1.5% year on year in June, while total orders rose 29.9% and export orders climbed 57.6% in the same month. The post Sweden industrial output falls as June orders surge appeared first on British Messenger.

Record heat across western Europe and severe drought could weigh on EU GDP, labour productivity, agriculture, energy and transport in 2026. The post Europe heat and drought could cut EU GDP by 1% in 2026 appeared first on British Messenger.

Official news confirms EU Commission signs contract to expand IRIS2 satellite constellation with SpaceRISE for 2029 deployment. The post European Union signs contract to build expanded IRIS2 constellation appeared first on British Messenger.

Factory output across the eurozone grew at its fastest pace since March 2022, though weak demand kept new business and exports under pressure. The post Eurozone factories boost production as order growth slows appeared first on British Messenger.