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ECB holds rates at 2.25 percent as euro-area inflation eases to 2.8 percent, Middle East energy risks cloud outlook
Policymakers are assessing whether the energy shock will create persistent price pressuresÂ
Japanese yen hits nearly 40-year low at 163 per U.S. dollar as Tokyo signals intervention, BOJ hints at rate hike
Tokyo said it was prepared to take decisive action against excessive currency movements
U.K. inflation falls to 15-month low of 2.6 percent as fuel, food prices ease
The surprise slowdown offers relief to households while renewed energy risks cloud the outlook
Trump tariffs could hit 60 economies as 10 percent global levy expires
The administration is considering duties of up to 12.5 percent under a forced-labor trade investigationÂ
U.K.’s first AI minister attends Cabinet as Britain invests over $1 billion, targets training for 10 million workers
From Bihar to Cabinet, Kanishka Narayan takes leading U.K. AI role
U.S. imposes additional 50 percent tariffs on Canadian goods from August 19
New duties cover products ranging from wine to hockey sticks and cement, including goods that qualify under the USMCAÂ
Manchester United stadium regeneration could add $9.8 billion annually, create 92,000 jobs
The wider Old Trafford plan could deliver more than 17,000 homes and attract an additional 1.8 million visitors annually
China and 28 countries launch global AI cooperation body in Shanghai
Body will promote international AI cooperation, governance, safety and more equitable access to the technologyÂ
Euro area swings to $8.9 billion trade deficit as imports rise 10 percent, EU gap hits $13.8 billion
An energy shortfall and weaker manufacturing surplus reversed last year’s EUR15 billion goods trade surplusÂ
Bank of Korea raises rate to 2.75 percent in first hike since 2023 as inflation hits 3.2 percent
The central bank signaled that further increases may follow as inflation and household debt risks persistÂ
India-U.K. trade deal takes effect with duties removed on 96.8 percent of U.K. tariff lines
The agreement expands goods, services and professional mobility across both markets.
