Browsing: Business

Bank of Russia sees its average key rate at 13% to 15% in 2027 under a proinflationary scenario, with inflation forecast at 4.5% to 5.5%. The post Bank of Russia sees 2027 key rate at 13% to 15% appeared first on British Messenger.

Russia’s updated auto strategy targets 2.8 million vehicles a year by 2035, with local models set for 80% of the new-vehicle market. The post Russia targets 2.8 million vehicles annually by 2035 appeared first on British Messenger.

Oil prices extended losses as Hormuz talks, rising US crude inventories and OPEC+ supply plans shaped Brent and WTI trading early Thursday. The post Oil prices extend losses on Hormuz talks and US crude stocks appeared first on British Messenger.

Hungary keeps its 2026 deficit target at 7.5% as drought, energy costs, spending cuts and a new emergency fund reshape the budget. The post Hungary fixes 2026 deficit target at 7.5% amid budget strain appeared first on British Messenger.

EU goods trade moved into a €21.8 billion deficit in Q2 2026 as imports rose faster than exports and the energy shortfall widened. The post EU goods trade swings to €21.8 billion deficit in Q2 2026 appeared first on British Messenger.

UK graduate job vacancies fell nearly 46% in July, reaching their lowest level since 2016 as competition across the labour market increased. The post UK graduate job vacancies fall nearly 46% in one year appeared first on British Messenger.

OECD GDP grew 0.5% in Q2 2026, up from 0.4% in Q1, as 27 economies expanded while combined G7 growth slowed to 0.3% in the latest OECD data. The post OECD GDP growth rises to 0.5% in second quarter 2026 appeared first on British Messenger.

UK inflation rose to 2.9% in July as higher gas and electricity costs lifted household prices, while transport inflation provided some offset. The post UK inflation rises to 2.9% as energy costs climb appeared first on British Messenger.

EU business registrations fell 0.5% in Q2 2026 while bankruptcy declarations rose 5.7%, reaching their highest level since 2019 across the EU. The post EU bankruptcies hit 2019 high as business registrations ease appeared first on British Messenger.

The EU has expanded fiscal flexibility for qualifying energy security spending, with national caps and approval rules in place through 2028. The post EU widens fiscal flexibility for energy security spending appeared first on British Messenger.