Tuesday, August 18, 2026

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Finance

UN labour body cuts global job forecast amid economic slowdown

Some 53 million jobs are projected to be created by the end of 2025 International news via Reuters: The United Nation's agency for labour on Wednesday...

Germany proposes rent control extension to dampen housing costs

Germany's property sector hit hard times in 2022, as higher interest rates made borrowing costly International news via Reuters: The German government on Wednesday proposed a...

UK grocery inflation hits highest level in 15 months, says Kantar

Grocery sales over the four weeks, meanwhile, rose 4.4% year-on-year International news via Reuters: British grocery price inflation jumped to 4.1% for the four weeks to...

German consortium in talks to build AI data centre, Handelsblatt reports

The European Commission plans to provide $20 billion in funding to construct AI data centres International news via Reuters: Germany's SAP, Deutsche Telekom, web hosting firm...

Italy’s business lobby urges EU to expedite trade deals beyond US

Trump ratcheted up his trade war, announcing a 50% tariff on EU goods starting June 1 International news via Reuters: Italy's main business lobby Confindustria on...

KFC to invest $2 billion in UK and Ireland over five years

466 million pounds will go towards opening the new outlets and upgrading 200 existing sites International news via Reuters: Yum Brands' KFC plans to invest 1.49...

Malaysia PM hails ‘significant’ engagement on Myanmar as Southeast Asian leaders meet

Six Southeast Asian countries targeted by Washington face steep tariffs of up to 49% in July International news via Reuters: Malaysia's Prime Minister Anwar Ibrahim on...

Pound holds near three-year high on trade optimism

Sterling was up 0.1% against at 84.2 pence per euro International news via Reuters: The British pound dipped slightly against the dollar but remained close to...

UK business downturn eases despite worsening factory woes, PMI shows

Britain's economy expanded strongly in the first quarter of 2025 International news via Reuters: A downturn for British firms eased in May despite a darkening picture...

China opposes EU’s Russia-related sanctions on its firms, cites ‘double standards’

The EU and Britain announced new sanctions against Russia that target some Chinese firms International news via Reuters: China is strongly dissatisfied and resolutely opposed to...

Britain’s M&S says cyberattack to cost $400 million

Hack cost food retailer about 300 million pounds ($403 USD) in lost operating profit International news via Reuters: A "highly sophisticated and targeted" cyberattack will cost...

UK inflation jumps in April, raising prospect of BoE rate cut delay

The BoE has predicted that inflation will hit 3.7% by September International news via Reuters: Britain suffered a bigger-than-expected inflation surge in April, prompting investors to...
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