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Tue, Aug 18, 2026 12:25 PM All times are UTC

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UK Q4 GDP revised higher to 0.7 pct in second estimate, boosted by growth in manufacturing and construction

Feb 22, 2017 15:03 pm UTC| Commentary

Second estimate from the Office for National Statistics (ONS) showed Wednesday that U.K. economy expanded more than initially estimated in the fourth quarter. The second estimate of UK GDP for Q4 2016 saw growth revised up...

German Ifo business confidence beats expectations, unexpectedly rises to 111.0 in February

Feb 22, 2017 14:56 pm UTC| Commentary

A survey by the Munich-based Ifo economic institute showed on Wednesday that Germanys business morale brightened unexpectedly in February. Data released earlier today showed business climate index rose to 111.0 from a...

Eurozone manufacturing PMI strongest since April 2011, GDP growth of 0.6 pct likely in Q1

Feb 21, 2017 16:14 pm UTC| Commentary

The pace of economic growth in the eurozone improved markedly to hit a near six-year high in February. Markit Eurozone manufacturing PMI printed at 56.0 in February, according to the preliminary flash estimate. Flash...

Greece agrees new structural reforms in exchange for bailout payments

Feb 21, 2017 15:47 pm UTC| Commentary Economy

Eurozone finance ministers and the Greek government reached an agreement on Monday to begin negotiations over the much-needed overhauls in exchange for bailout payments. It is a positive sign ahead of a meeting this week...

France final inflation in Jan below initial estimates, but at highest level since Nov 2012

Feb 21, 2017 15:13 pm UTC| Commentary

France final inflation for the month of January was released earlier on Tuesday by the statistical office Insee. Data showed that Frances inflation accelerated less than initially estimated in January. Nonetheless,...

Swiss trade surplus rises notably in January on strong retreat in imports

Feb 21, 2017 15:03 pm UTC| Commentary

Switzerlands trade surplus increased notably in January, data from the Federal Customs Administration showed on Tuesday. Swiss trade surplus rose to CHF 4.7 billion in January from CHF 2.7 billion in the previous month....

RBA expects Australia GDP to rebound after weak Q3 reading

Feb 21, 2017 14:47 pm UTC| Commentary Central Banks

The Reserve Bank of Australia released minutes of the board meeting held on February 7 where policymakers voted to leave the cash rate unchanged at 1.50 percent. RBA continued with its broadly upbeat commentary in the...

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Economy

UK Wage Growth Holds at 3.5% as Unemployment Rises

UK wage growth excluding bonuses remained at 3.5% in the second quarter of 2026, while unemployment increased, pointing to further signs of weakness in the countrys labor market, according to the latest data covering June...

European Stocks Slide as Iran War Escalation Sends Oil Higher

European stocks extended their decline on Tuesday, with major benchmarks falling to two-week lows as a sharp escalation in the Iran war rattled global financial markets. The pan-European STOXX Europe 600 fell 0.2%, marking...

Australian Consumer Sentiment Jumps 6% in August as Rate Outlook Improves

Australian consumer sentiment strengthened sharply in August, driven by improving household finances and greater confidence about the outlook for interest rates, according to the latest Westpac-Melbourne Institute survey....

Colombia Earthquake Losses Estimated at $9.58 Billion as Reconstruction Challenge Mounts

Economic losses from the powerful earthquake that struck Colombia last week could reach 30 trillion pesos ($9.58 billion), President Abelardo De La Espriella said Monday, highlighting the enormous financial toll of the...

US Eyes Refinery Boost as Trump Seeks Relief From High Gas Prices

U.S. Energy Secretary Chris Wright said Washington is preparing measures to help refiners increase fuel production as the Trump administration looks for ways to bring down gasoline prices following the U.S.-Israeli war on...

Politics

Philippines Confident in U.S. Defense Commitment Despite Middle East Redeployment

The Philippines does not expect a slowdown in military cooperation with the United States despite the redeployment of some American defense assets from the Indo-Pacific to the Middle East, a Philippine military official...

Gaza Zoo Struggles to Save Animals Amid War

Children visiting a zoo near Gazas Nuseirat refugee camp are greeted by a heartbreaking sight: lions, chimpanzees and other animals weakened by hunger, stress and years of conflict. Despite severe shortages of food,...

Trump Says Kim Jong Un Responded to Outreach After US Scales Back South Korea Military Drills

U.S. President Donald Trump said Monday that North Korean leader Kim Jong Un has responded to his recent outreach, signaling renewed communication between the two leaders as Washington moves to reduce joint military...

Trump Says Iran Should Surrender as Nuclear Deal Talks Stall

U.S. President Donald Trump said Monday that Iran is unlikely to accept the agreement he considers necessary to end the war with the United States, insisting Tehran must surrender and abandon any path toward developing a...

Gérald Darmanin Backs Édouard Philippe for 2027 French Presidential Election

French Justice Minister Gérald Darmanin has thrown his support behind former Prime Minister Édouard Philippe for Frances 2027 presidential election, ruling out a potential bid of his own as the countrys...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside

Bank of America expects Micron Technology (NASDAQ: MU) to deliver more than $230 in earnings per share by fiscal 2030, significantly above Wall Streets current peak estimates, as artificial intelligence demand reshapes the...

Anthropic Revenue Run Rate Hits $65 Billion as IPO Plans Accelerate

Anthropics annual revenue run rate surpassed $65 billion by the end of July, highlighting the artificial intelligence startups rapid expansion as it prepares for a potential initial public offering later this year. The...

Google to Buy Spirit Airlines Business Data for $10 Million to Train AI

Google, a subsidiary of Alphabet, has agreed to acquire internal business data from bankrupt Spirit Airlines for $10 million, with plans to use the information for product development and artificial intelligence training....

Alphabet Eyes First Australian Dollar Bond as AI Spending Drives Funding Push

Alphabet, the parent company of Google, is preparing for its first-ever Australian dollar bond issuance as the U.S. technology giant explores new funding sources amid rapidly rising artificial intelligence investment. The...

Alibaba Sells Lingxi Games for Over $1.5 Billion Amid AI Push

Alibaba Group is reportedly selling its gaming subsidiary Lingxi Games in a transaction that could value the Chinese video game studio at more than $1.5 billion, as the technology giant redirects resources toward...