UK retail sales stumble again in July, CBI says
British retailers suffered another bad month in July and expect further weakness in August as poor weather and generally weak…
Euro zone economy grows but outlook far from rosy
The euro zone’s economy grew slightly more than expected in the three months to June, data showed on Tuesday, but…
China’s manufacturing activity seen extending decline in July
China’s factory activity likely shrank for a third month in July, a Reuters poll showed on Monday, keeping alive expectations…
Chinese leaders pledge to tilt stimulus towards consumers
Chinese leaders signalled on Tuesday that the stimulus measures needed to reach this year’s economic growth target will be directed…
India not rethinking issue of allowing Chinese investment, trade minister says
India is not re-thinking the issue of allowing Chinese investments into the country, Trade Minister Piyush Goyal said on Tuesday.…
UK shop price inflation holds at lowest since October 2021
Prices in British shops rose at the joint-slowest rate since October 2021 this month, held down by falls in the…
Accelerated uptake of carbon capture unlocking shipping opportunity
To the uninitiated, the concept of carbon capture and storage (CCS) can be hard to understand, complex, and remote even…
Term Russian crude deals could test resilience of Middle Eastern flows to India
India’s appetite for Middle Eastern crude strengthened year on year in the first half of 2024 as logistics and shipping…
Japan offers to buy 119,145 tons of food wheat via tender
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) is seeking to buy a total of 119,145 metric tons of food-quality…
Newbuilding Orders Keep Pouring In
Newbuilding ordering activity remained high over the past week. In its latest weekly report, shipbroker Banchero Costa said that activity…