Browsing: Business
– The European Central Bank opted to keep interest rates unchanged during its July 2026 policy meeting, halting the tightening measures it resumed last month. The institution based in Frankfurt left its key deposit facility rate at 2.25 percent and
Over 500 officials from government bodies, institutional investors, and global business leaders gathered in Ahmedabad, Gujarat, for the fifth edition of the Investopia Dialogues focused on India. This event aimed to boost international capital flows into sectors with high growth
Wage growth in the private sector reaches a six-year low in the United Kingdom as official data shows regular pay increases slowing to 2.9 percent over the three months ending in May 2026. The Office for National Statistics reported that
– Indonesia’s compulsory B50 biodiesel initiative is projected to save approximately 170 trillion rupiah, equivalent to US$10.8 billion, in foreign exchange in 2026, according to the Energy and Mineral Resources Ministry. This forecast stems from reduced expenses on imported diesel
– Oil prices surged by more than 4% on Friday. Brent crude surpassed $88 a barrel, with both key benchmarks reaching their highest closes in over a month. Brent futures increased by $3.87, or 4.59%, to settle at $88.10 per
– The Abadi Masela LNG initiative in Indonesia is projected to generate approximately $37.8 billion in direct revenue for the government. Additionally, Energy and Mineral Resources Minister Bahlil Lahadalia anticipates $6.43 billion in indirect tax revenues. These figures were announced
WASHINGTON, D.C. / RankWire.AI / – The United States plans to implement a 25% tariff on thousands of Brazilian products beginning July 22. The Office of the U.S. Trade Representative announced this measure following a yearlong Section 301 investigation. Affected
WASHINGTON, D.C. / RankWire.AI / – In June, U.S. consumer prices decreased by 0.4 percent, with the yearly inflation rate slowing to 3.5 percent. The U.S. Bureau of Labor Statistics reported that the Consumer Price Index experienced a 0.5 percent
– India is currently undertaking an assessment to pinpoint around 100 imported goods that could be produced domestically on a larger scale. The Department for Promotion of Industry and Internal Trade is leading this initiative through six sector-specific groups. The
The European Investment Bank Group authorized €17.4 billion in new funding for sectors including energy, transport, healthcare, education, and business development, with €3.7 billion allocated to initiatives aimed at decreasing Europe’s reliance on fossil fuels. This package, approved by the