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News
ECB Hikes Rates as Iran War Fuels Inflation Fears in Eurozone
3+ day, 5+ hour ago (671+ words) Friday, 11 September 2026 The ECB on September 10, 2026, raised its key rate by 25 basis points to 2.50%, marking the second hike this year, as soaring energy prices linked to the Iran war fuelled inflation; the euro weakened and bond yields climbed. LONDON, Sept…...
Major Central Banks Signal Hawkish Rate Hikes Amid Energy Price Surge
3+ day, 3+ hour ago (773+ words) Thursday, 10 September 2026 Major central banks—including the ECB, RBA, and BoC—adopt a more hawkish stance as energy prices surge amid Middle East tensions, raising odds of further rate hikes across G10 economies. By Stefano Rebaudo and Sophie Kiderlin Sept 10 (Reuters)…...
Volvo Cars to Distribute Lynk & Co Vehicles in Europe from 2027
3+ day, 5+ hour ago (150+ words) Thursday, 10 September 2026 Volvo Cars will become Lynk & Co’s exclusive distributor in Europe starting January 2027, managing all commercial and operational activities locally while Lynk & Co remains independent under Geely, aiming to boost scale and efficiency in the region. BEIJING, Sept 10 (Reuters)…...
ECB Raises Interest Rates to Combat Euro Zone Inflation Surge
3+ day, 5+ hour ago (452+ words) Thursday, 10 September 2026 On September 10, 2026, the ECB raised its deposit rate by 25 bps to 2.50%, targeting energy‑fuelled inflation driven by the Iran war while revising growth and inflation projections upward. FRANKFURT, Sept 10 (Reuters) - The European Central Bank raised interest rates for…...
Nestle CEO says Middle East conflict driving inflation, higher su
3+ day, 10+ hour ago (474+ words) Thursday, 10 September 2026 Nestlé CEO Philipp Navratil says the U.S.–Israel war against Iran is indirectly fuelling global inflation by raising energy, freight and input costs, prompting Nestlé to raise prices, reformulate products and cut unprofitable items. By Gabriel Araujo and…...
THG First-Half Profit More Than Doubles, Warns of EU Tariff Hit
3+ day, 10+ hour ago (281+ words) Thursday, 10 September 2026 THG PLC reported a 109% surge in first‑half adjusted core earnings to £42.8 million, driven by Myprotein and price increases, but warned Q3 revenue growth would decelerate to ~2% due to the EU’s new €3 per‑item import duty, before rebounding in…...
German August Inflation Confirmed at 2.9% - EU Harmonised CPI Data
3+ day, 12+ hour ago (86+ words) Thursday, 10 September 2026 Germany’s harmonised consumer‐price inflation for August was confirmed at 2.9 % year‑on‑year, slightly up from July’s 2.8 %. Core inflation held steady around 2.4 %, with energy prices—up roughly 10.5 %—remaining the main driver. BERLIN, Sept 10 (Reuters) - German inflation accelerated to…...
Portugal Debt Upgrade Marks PIIGS Return to Eurozone Stability
3+ day, 17+ hour ago (560+ words) Thursday, 10 September 2026 Fitch’s recent upgrade of Portugal’s debt rating to ‘A+’ underscores its fiscal turnaround—from crisis-era PIIGS to outperformer—while German bond yields rise amid political strain in Berlin, and Greece and Ireland lead sovereign debt recoveries. By Sara…...
ECB Rate Hike in Focus as Oil Prices Soar Above $100 | Market Update
3+ day, 13+ hour ago (379+ words) Thursday, 10 September 2026 Markets brace for a widely expected ECB rate hike as crude oil climbs above $100 a barrel, bond yields spike, and investors await U.S. inflation data ahead of Fed and BOJ meetings. Investors are perhaps starting to realise that elevated…...
ECB Eyes Interest Rate Hike as Iran Conflict Drives Inflation Fears
3+ day, 20+ hour ago (793+ words) Wednesday, 9 September 2026 The ECB is widely expected to raise its key deposit rate by 25 basis points to 2.50% on September 10, driven by soaring energy prices from renewed Iran–US hostilities and persistent inflation risks. By Francesco Canepa and Balazs Koranyi FRANKFURT,…...