Browsing: Business

– Oil prices surged notably on July 29, with Brent crude closing above $90 a barrel as concerns over supply intensified. Brent ended at $90.74, reflecting an increase of $6.65, or 7.9%, marking its most significant daily gain in several

– The United Kingdom has announced an infusion of £8.4 billion into its leading naval defense project, which is set to drive the development of four Dreadnought-class nuclear-powered submarines. Official statements from the Prime Minister’s Office reveal that this substantial

– In July, Belgium experienced a significant rebound in consumer inflation, surpassing official expectations as increases in major service and utility sectors gained momentum. Data from the national statistical authority Statbel confirm that Belgium’s annual inflation rate exceeded forecasts, climbing

– Research from Eurofound reveals that European Union member states are unlikely to reach their combined goal of 20 million ICT specialists by 2030 without significant policy reforms. Confirmed by Emirates News Agency, the EU is projected to miss its

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 chose to keep interest rates steady during its July 2026 meeting, halting the monetary tightening cycle initiated last month. The Frankfurt-based institution maintained its key 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.