News
UK businesses, households struggle as Mideast conflict fuels rising costs
5+ hour, 15+ min ago (777+ words) Xinhua 31 May 2026, 17: 15 GMT+ Analysts believe that British businesses and households are likely to face further price increases without sufficient policy support. LONDON, May 31 (Xinhua) -- British businesses and households are struggling to cope with rising prices amid the conflict in the…...
OPAL Engineering Corporation Honoured with The Prestigious 57th National Export Award
2+ day, 22+ hour ago (1581+ words) Opal Engineering Corporation, one of India's leading manufacturers and exporters of agricultural stationary diesel engines, generating sets, pump sets, batteries and engineering products, has once again brought pride to the Indian engineering industry by receiving the prestigious 57th EEPC National Export…...
What Does a Weak Yen Mean for Forex Trading?
3+ day, 4+ hour ago (360+ words) ANI 28 May 2026, 18: 09 GMT+ The Current State of the Yen The Euro was slightly higher than the dollar. It is predicted to rise to 0. 4% throughout the coming week. Against the Swiss Franc, the US Dollar is expected to fall 0. 95% in the…...
Economic Watch: Britain's labor market in dark clouds amid high costs, uncertainties
1+ week, 2+ day ago (876+ words) Xinhua 22 May 2026, 18: 45 GMT+ LONDON, May 22 (Xinhua) -- Britain's labor market is caught in a deterioration loop of subdued confidence and cautious investment, with domestic policies leading to mounting costs of employment, geopolitical conflicts triggering instability of world economy and political unrest…...
Economic Watch: EU downgrades growth forecast, fueling stagflation concerns
1+ week, 3+ day ago (765+ words) Xinhua 21 May 2026, 19: 45 GMT+ BRUSSELS, May 21 (Xinhua) -- The European Commission lowered its 2026 growth projections and raised its inflation outlook in its spring forecast released on Thursday, warning that the Middle East conflict has brought the bloc a stagflationary shock that policymakers…...
Britain's CPI increases by 2. 8 pct year on year in April
1+ week, 4+ day ago (352+ words) Xinhua 20 May 2026, 18: 45 GMT+ LONDON, May 20 (Xinhua) -- Britain's consumer price index (CPI) rose by 2. 8 percent year on year in April, down from a 3. 3-percent increase in March, data from the Office for National Statistics (ONS) showed on Wednesday. Housing and household…...
UK job losses hit five-year high amid Iran war
1+ week, 5+ day ago (331+ words) RT. com 19 May 2026, 17: 34 GMT+ Soaring energy prices and disrupted trade are forcing firms to scale back hiring, according to the British Office for National Statistics UK employers axed 100, 000 jobs in April, the steepest monthly drop in five years and the…...
Unilever warns of price increases as Iran war lifts costs
4+ week, 11+ hour ago (511+ words) Anabelle Colaco 03 May 2026, 10: 56 GMT+ LONDON, U. K. : Unilever is preparing to introduce gradual price increases across parts of its business as rising costs linked to the Iran war put pressure on margins, even as the consumer goods giant reported stronger-than-expected sales growth....
IMF cuts UK growth outlook sharply amid energy shock, fiscal constraints
1+ mon, 2+ week ago (505+ words) Xinhua 14 Apr 2026, 22: 45 GMT+ LONDON, April 14 (Xinhua) - The International Monetary Fund(IMF) has downgraded the United Kingdom's economic growth outlook more sharply than any other major advanced economy, saying the country remains particularly exposed to rising energy prices and global geopolitical…...
Economic Watch: Europe unveils energy relief measures, but risks linger if conflict continues
1+ mon, 2+ week ago (745+ words) Xinhua 14 Apr 2026, 20: 45 GMT+ BERLIN, April 14 (Xinhua) -- Germany on Monday announced a temporary fuel tax cut worth around 1. 6 billion euros (1. 9 billion U. S. dollars) to ease pressure from surging energy prices, as tensions in the Middle East disrupt the Strait of Hormuz, a…...