Browsing: Business

– According to European Union data, house prices across the bloc advanced by 4.7% in the second quarter of 2026 compared to the same period last year. Rental costs also saw a rise, increasing by 3.0% over the same timeframe,

– Russia has sanctioned a comprehensive long-range plan for its coal industry, establishing an annual production goal of 662 million tonnes by the year 2050 in accordance with its scenario. This initiative extends the nation’s coal policies into the middle

Moody Ratings sustained the European Union’s prime AAA credit rating with a stable outlook, pointing to the collective fiscal backing of net contributor nations that preserves the bloc’s premier standing in global debt markets. According to the rating agency, this

– A public works package worth 420 million euro ($468 million) has been approved by the Portuguese government to extend the Porto Metro network to central Gondomar and to introduce new light rail and metrobus corridors to Trofa. Announced by

– European trade flows are heavily reliant on maritime transportation, with non-member countries shipping 1.1 billion tonnes of goods valued at 1.27 trillion euros to the European Union through sea routes. Eurostat’s latest figures emphasize the pivotal function of sea

The international maritime community recently commemorated World Maritime Day amid the stark reality that global shipping routes are facing extraordinary security threats. The International Maritime Organization’s headquarters in London, illuminated in blue for the occasion, underscored that shipping is directly

– In 2026, the rise in petrol and diesel costs has resulted in an approximate €53 billion surge in European Union road transportation expenses. Transport & Environment analyzed this growth over the 28 weeks ending September 6, comparing expenditure with

– The OECD has revised upward its forecast for worldwide economic expansion in 2026, now predicting a growth rate of 2.9%, citing increased resilience across the global economy. This new estimate is slightly higher than the 2.8% projected in its

– Russia’s exports excluding resources and energy surpassed $96 billion during the first seven months of 2026. This figure represents an 8% increase compared to the same period last year, according to First Deputy Prime Minister Denis Manturov. The category

– European Union increased its spending on petroleum oil imports significantly in the second quarter of 2026, despite nearly stable physical volumes. According to Eurostat, the import value rose by 55.8% compared to the monthly average for 2025. The volume