Browsing: Business

During the initial six months of 2026, Russia’s exports of non-resource, non-energy manufactured goods increased to a total of $58.8 billion, bolstered by higher shipments in chemical sectors, metallurgy, and light industry products. The Ministry of Industry and Trade of

The government of Brazil announced on Thursday its intention to pursue possible retaliatory trade actions should bilateral negotiations not succeed in overturning the recent European ban on Brazilian animal products, escalating the diplomatic dispute after the European Union authorities allowed

– Euro area annual inflation climbed to an estimated 3.3% in August 2026, up from 2.9% in July, driven largely by a sharp rise in energy prices during the month. Eurostat provided the preliminary estimate on Sept. 1. The inflation

Surging energy costs rattled Wall Street as a sharp uptick in crude oil prices sparked fresh fears of persistent inflation and central bank interest rate hikes. The Dow Jones Industrial Average dropped 380 points during the decline, with broader market

– The Bank of Russia estimates that the average key rate will be between 13% and 15% in 2027, according to its proinflationary scenario. This forecast is part of the central bank’s Monetary Policy Guidelines for 2027 to 2029. As

– Russia aims to increase its yearly vehicle manufacturing to approximately 2.8 million units by 2035, as part of its revised automotive industry strategy. During a meeting focused on the sector’s progress on Aug. 31, First Deputy Prime Minister Denis

– Oil prices declined further on Thursday, extending a multi-day downward trend as markets closely monitored developments around the Strait of Hormuz. At 0330 GMT, Brent crude futures dropped by 41 cents, or 0.5%, to reach $87.43 per barrel. Meanwhile,

– Hungary will uphold its adjusted 2026 budget deficit projection at 7.5% of gross domestic product. The Finance Ministry reaffirmed this target as the government prepares to revise this year’s budget. Officials highlighted the fiscal situation, severe drought conditions, and

– The European Union registered a €21.8 billion shortfall in goods trade during the second quarter of 2026, marking its first quarterly deficit since 2023, according to Eurostat. Imports from outside the bloc soared to €701.8 billion, while exports amounted

– According to recent data from Adzuna, the number of graduate job openings in the UK declined by nearly 46% in July compared to the same month in the previous year. The platform reported a total of 8,383 live graduate