Browsing: Business

Inflation in the euro zone dropped to 2.2% in August, heightening the likelihood of a September ECB rate cut as economic pressures ease.

Dutch inflation eased slightly to 3.6% in August, marking the first decline in four months, driven by a fall in energy costs, while food prices saw a slight increase.

Global air cargo demand rose 13.6% in July 2024, marking the eighth consecutive month of double-digit growth, according to IATA. Capacity also increased by 8.3%.

Berkshire Hathaway, led by Warren Buffett, has become the first U.S. company outside the tech sector to hit a $1 trillion market cap, marking a historic achievement.

Nvidia’s earnings, a significant indicator for AI investments, are set to reveal, potentially driving major shifts in tech stock dynamics and market stability.

Lego’s revenue climbs to $4.65 billion in 2024, led by diverse product lines and strategic partnerships.

UK Prime Minister Keir Starmer announces plans for increased taxes on the wealthy to address longstanding economic issues.

The EU achieved a €40.4 billion trade surplus in Q2 2024, driven by strong machinery and chemicals sectors, despite significant energy deficits.

U.S. crude oil prices increased by 3% due to a production stop in Libya and ongoing Middle East tensions.

Following Powell’s remarks, the 10-year Treasury yield remains unchanged, signaling market anticipation of rate cuts.