Browsing: Business

The European Union’s seasonally adjusted current account surplus rose to €113.4 billion in the first quarter of 2026, equal to 2.4% of gross domestic product, Eurostat said. The surplus increased from €99.2 billion, or 2.1% of GDP, in the fourth

Euro area annual inflation eased to an estimated 2.8% in June 2026 from 3.2% in May. Eurostat released the flash estimate on July 1. The statistical office of the European Union measures the rate through the harmonised index of consumer

Global agricultural and fisheries production will expand by 13 percent over the next decade under stable market conditions, according to the OECD-FAO Agricultural Outlook 2026-2035. The report, released in Paris, projects growth through 2035 across major farm commodities, biofuels and

The European Investment Bank and Airbus have signed a first €1 billion loan to support aerospace research and development in Europe. The loan forms part of a wider €3 billion financing envelope for Airbus. The package supports work in commercial

The European Union recorded a lower gas import bill in the first quarter of 2026, as the value of both liquefied natural gas and pipeline gas declined. Eurostat said liquefied natural gas imports fell 8.0% in value from the 2025

The Fédération Internationale de l’Automobile reported its strongest financial results in a decade, with FY2025 operating profit reaching €6.7 million. The result rose 43% from the previous year. It also marked a major shift from the €24 million operating loss

The Council of the European Union approved two tariff regulations on June 25, completing the bloc’s legislative process for commitments made with the United States in 2025. The measures implement tariff terms set out in the EU-US Joint Statement of

The European Union’s crypto rulebook is entering its decisive stage as the Markets in Crypto-Assets Regulation moves from national transition periods to a single licensing system. From July 1, 2026, crypto-asset service providers serving clients in the bloc must hold

The OPEC Fund for International Development has committed US$1.5 billion through 2030 to support digital transformation in developing countries. The financing will back digital infrastructure, systems, capabilities and applications across partner countries. The OPEC Fund announced the Digital Transformation Action

Chinese Commerce Minister Wang Wentao will visit Brussels on Monday, June 29, for talks with European Trade Commissioner Maroš Šefčovič, the European Commission said. The meeting places China EU trade relations back at the center of the bloc’s economic agenda.