Browsing: Business

Eurofound research indicates that European Union member states will fail to meet their collective goal of 20 million ICT specialists by 2030 without major policy overhauls. Official coverage by Emirates News Agency confirmed that the EU set to fall short

The European Central Bank keeps interest rates unchanged at its July 2026 policy meeting following a previous increase in borrowing costs. The Frankfurt based monetary authority maintained its primary 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 regular pay figures in the sector slowed to 2.9 percent in the three months to May 2026. Data published by the Office for National Statistics revealed that

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.

The International Monetary Fund expects the euro area economy to grow 0.9% in 2026 and 1.2% in 2027. The updated forecast marks a slowdown from 1.4% growth in 2025. The IMF Executive Board completed its annual review of common euro

Volkswagen is reviewing up to 50,000 additional job reductions across its global operations. The review brings the total under consideration to as many as 100,000 positions worldwide. Chief Executive Oliver Blume informed employees about the additional figure in an internal

The Council of the European Union gave final approval Tuesday to the EU-Mexico Interim Trade Agreement. The move completes the bloc’s internal approval process for the updated commercial pact. EU and Mexican leaders signed the agreement in Mexico City on

Russia’s natural gas exports to the European Union rose about 18% in the first half of 2026, the Energy Ministry said. The ministry placed six-month imports above 9.89 million metric tons. The increase mainly reflected liquefied natural gas shipments from