- Calgary festivals consult with city councillors about costs and planning issues
- U.S. military strikes Iranian targets following drone attack on cargo ship
- Footballer Héctor Bello pays tribute to wife who died protecting their daughter in Venezuela earthquakes
- Trump threatens 100% tariffs on countries imposing digital service taxes
- US strikes Iran in response to attack on cargo ship in Strait of Hormuz
- Dembele’s hat-trick leads France to 4-1 victory over Norway in World Cup 2026
- Asteroid to approach Earth this weekend at closest point since 1600s
- Trump threatens 100% tariff on countries introducing digital services tax
Business Briefing
In January 2026, annual inflation in the euro area decreased to 1.7%, down from 2.0% in December 2025, a notable shift that hints at easing cost pressures within households. However, beneath the headline figures, a diverse inflation landscape emerges; for instance, Romania and Slovakia reported significantly higher rates at 8.5% and 4.3%, respectively. This disparity signals potential challenges in achieving cohesive monetary stability across the bloc, as elevated inflation in certain member states could affect overall policy effectiveness. As the euro area adapts to these variances, the broader implications for economic cohesion in the region warrant careful observation.
This morning, Eurostat reported that annual inflation in the euro area is anticipated to decline to 1.7% in January 2026, down from 2.0% in December. Key components such as services and food show varied inflation rates compared to last month.
This morning, Eurostat released flash estimates indicating a 0.3% increase in GDP for both the euro area and the EU in Q4 2025. Year-on-year growth stands at 1.3% for the euro area and 1.5% for the EU. Employment rose by 0.2% in the same quarter.
Global stock markets plummeted overnight, with Japan’s Nikkei 225 falling nearly 8% and US stock market futures indicating further declines, as fears of a trade war escalate following President Trump’s new tariffs.
There have been a few big announcements from China today – the latest outlines new restrictions on US companies.
BBC’s business editor Simon Jack was asked: Is this a stock market crash? Here’s what he has to say:
Stocks slump – China to impose 34% levy as retaliation – China files lawsuit |…
From our sponsors
Subscribe to News
Get the latest news from WTX News Summarised in your inbox; News for busy people.
Advertisement
Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.

