- Trump nominates Keith Sonderling as permanent labour secretary
- Backpack explosion in Monaco injures Ukrainian family, suspect at large
- EU leaders face internal challenges, not Israel tensions, says Nagel
- Negotiations between US and Iran commence in Doha amid uncertainty
- Heat wave expected to affect most of Canada, officials advise caution
- Supreme Court rules presidential removal powers extend over FTC members
- Russian recruits expected to last only 30 minutes on the frontline
- Hungary’s prime minister restricts further EU integration steps for Ukraine
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.
Deliveroo users have been left to go hungry this evening, as the food delivery app is reporting thousands of outages throughout the UK and abroad.
From eleven-year-old activists to rural farmers, ordinary people around the world are taking on oil giants – and winning.
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Electric car company Tesla has cut its prices in a number of major markets – including the US, China and Germany – as it faces falling sales. The move comes after it reported a sharp fall in its global vehicle deliveries in the first three months of this year.
Netflix has seen its profits soar in the first three months of 2024 in part due to its crackdown on password sharing. Netflix saw 9.3 million new customers in the first quarter, bringing its total number of subscribers to almost 270 million. The streaming giant said its profits in the first quarter jumped to more than $2.3bn.
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