Britain’s private sector companies reported their strongest growth in four months alongside cooling price pressures, suggesting the economy remained in a sweet spot for both the Bank of England and the new government.
To hear people in the private equity industry talk publicly, there’s not a lot concern about any changes the UK’s new Labour government might make to a tax break they’ve enjoyed for the better part of four decades. Behind the scenes, though, the lobbying is intense.
Norwegian households see quicker inflation over the next year than they expected a quarter ago, contrasting with recent evidence of easing price pressure in the Nordic nation.
The euro-area economy got an unexpectedly strong boost from the Paris Olympics, which propelled private-sector growth to the fastest pace in three months.
Chinese imports of equipment to make semiconductors hit a record for the first seven months of this year as the Asian nation’s companies continue to ramp up their purchases in case the US and its allies further block them from buying.
The United Nations’ nuclear watchdog said it’s enormously concerned by fighting near a Russian nuclear power plant because the old Soviet reactors in operation are particularly exposed.
French services expanded at the fastest pace in more than two years, driving Europe’s second-biggest economy as visitors from around the world flocked to Paris for the Olympic Games.
Taiwan’s high court convicted eight people, including active-duty and retired military personnel, of collecting state secrets on behalf of China, the official Central News Agency reported, in one of the largest espionage cases in years.
Japanese government approval could be a major roadblock in Alimentation Couche-Tard Inc.’s attempts to acquire Seven & i Holdings Co., if it proceeds.
Italian search and rescue teams are set to enter their fourth day of operations around a sunken yacht off Sicily, where British tech tycoon Mike Lynch and Morgan Stanley International chair Jonathan Bloomer were among those feared to have died.
Sinopec Group and more than a hundred of its Chinese peers will work together to speed up the building of a supply chain for green hydrogen and accelerate the nation’s transition to non-polluting fuels.
Lebanon’s hopes of boosting a moribund economy with tourism revenue have been thwarted, after an Israeli airstrike on the capital Beirut and threat of all-out war triggered a series of travel bans and sent holidaymakers packing.
The promotion of a Chinese official disgraced for abusing Covid controls has sparked a fresh firestorm, prompting claims online that her elevation underscores ingrained institutional injustice.
A surge in PB Fintech Ltd. has turned the Indian stock into the world’s best-performer this year among major financial technology firms as green shoots emerge in unsecured lending after a central bank crackdown.
The Norwegian economy recorded a third consecutive quarter of expansion as a recovery in purchasing power bolsters consumption and a weak krone underpins exports.
A gauge showing the Indian rupee’s value against its key trading partners rose to the highest in more than six years in July, even as the currency hit a new lifetime low against the dollar.
