Business

The International Monetary Fund on Wednesday inched its 2026 global growth forecast lower again to a sluggish 3.0%, warning of ongoing risks linked to the war in the Middle East, trade fragmentation and potential corrections in market expectations for AI....

Spain and Portugal are stepping up scrutiny of their soaring property markets amid early signs of overheating, but supervisors are unlikely to intervene heavily yet, with the market some way from resembling past boom and busts. Unlike elsewhere in the...

Seeping into just about every conversation at this week's meeting of the world's top central bankers was one big unknown: how artificial intelligence will impact the world economy and therefore their mandate to ensure financial stability. The consensus of those...

Euro zone inflation eased last month far more than expected,further curbing pressure on the European Central Bank to raise interest rates again this month to offset quick price growth. Overall inflation in the 21 nations sharing the euro currency slowed...

Lower crude prices following the Iran ceasefire are improving the near-term outlook for European equities, but many remain unconvinced this heralds a rotation away from the U.S. after several years of AI-driven earnings growth. The shift follows a drop in...

Europe on Wednesday took a first step towards curbing what it calls unfair competition from online retailers such as Shein, Temu and AliExpress by imposing a €3 fee on low-value e-commerce imports from China that previously entered the bloc duty-free....

Russia's manufacturing sector returned to growth in June for the first time in just over a year as output rose at its fastest pace since January 2025 and new orders stabilised, a business survey showed on Wednesday. The S&P Global...

Registrations of new Tesla cars in Norway fell 43% in June from a year earlier, to 3,222 vehicles, data from compiler OFV showed on Wednesday.   (Reporting by Jagoda Darlak)  

The spike in copper prices to a record high earlier this year has added weight to arguments for switching from copper to cheaper and lighter aluminium in a range of sectors. Here are the factors involved in the decision and...

Scandinavian airline SAS said on Tuesday it would buy up to 40 Airbus widebody aircraft in the largest investment in the company's history. "The Airbus order represents the highest-value aircraft order ever placed by SAS, with a total list price...