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Worsening euro zone business downturn reignites recession fears

Worsening euro zone business downturn reignites recession fears

The euro zone services PMI fell to 51.1 from 52.0, its lowest since January and shy of the Reuters poll forecast for 51.5. Indebted c..

UK consumers defy high inflation and shop more in June

UK consumers defy high inflation and shop more in June

The longer term picture is less rosy, however, as shoppers are getting much less for their money than three years ago and overall con..

Extreme heatwaves to continue through August, WMO adviser says

Extreme heatwaves to continue through August, WMO adviser says

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Intensifying heat waves prompt health warnings for Europe, US

Intensifying heat waves prompt health warnings for Europe, US

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Exclusive-SoftBank considering US listing for its PayPay business – sources

Exclusive-SoftBank considering US listing for its PayPay business – sources

SoftBank founder Son recently pledged to shift to “offence mode” amid rising global interest and investment in artificial..

Stocks rise, dollar retreats ahead of inflation data

Stocks rise, dollar retreats ahead of inflation data

The dollar index, which measures the performance of the U.S. currency against six others, was last down 0.2% on the day and around it..

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC

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Oil rises on OPEC+ cuts, weaker dollar

Oil rises on OPEC+ cuts, weaker dollar

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L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender

L&T, Spain’s Navantia to jointly bid for $5-billion India submarine tender

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Thames Water pulled back from the brink after investors pump in $960 million

Thames Water pulled back from the brink after investors pump in $960 million

Thames Water’s debt problem has become far more challenging as over half of it is linked to inflation and the cost of servicing..