UK shop prices ease in May but cost pressures are building, BRC says
British shop prices fell slightly overall this month but food price inflation accelerated, according to a survey on Tuesday from…
ECB’s Villeroy: normalisation of interest rates in euro zone probably not complete
The normalisation of interest rates in the euro zone is probably not complete, European Central Bank (ECB) policymaker Francois Villeroy…
AfDB cuts Africa’s 2025 growth forecast on trade tariffs uncertainty
Africa’s economic output is expected to grow by 3.9% this year, the African Development Bank said in its annual African…
German consumer sentiment gets boost for June but households still thrifty, GfK finds
German consumer sentiment is set to improve again slightly heading into June but households’ hesitancy to spend remains an obstacle…
Trump says EU call to set up trade meetings is positive
U.S. President Donald Trump on Tuesday said the EU’s move to set up talks was positive and that he hoped…
UK retail sentiment plummets in May and sales fell more sharply, CBI says
Confidence among British retailers fell at the sharpest pace in five years and a decline in sales volumes gathered pace…
Trump’s tariff blitz prompts ‘firefighting’ response from Fed researchers
U.S. Federal Reserve staffers have scrambled since January to decipher what Trump administration trade policies will mean for the economy,…
US trade deal could boost Indian exports, government report says
A successful trade agreement between India and the U.S. could boost exports and unlock new market access, India’s finance ministry…
Italy’s business lobby urges EU to expedite trade deals beyond US
Italy’s main business lobby Confindustria on Tuesday called on the European Union to speed up trade agreements with other countries…
Retailers pummeled by Trump’s trade war entertain more ‘take-private’ offers
Boards and the owners of retailers whose shares have been pummeled by U.S. President Donald Trump’s trade war are increasingly…