- Toronto police search for three suspects after fatal shooting in North York
- Senator Lindsey Graham dies following brief and sudden illness
- Waterloo East and Charing Cross stations to close for £20 million upgrades
- Trump declares ceasefire with Iran is over while agreeing to continue peace talks
- Eiffel Tower and Louvre Museum to close early amid heatwave in France
- ICE Responds to Outcry Over Fatal Shooting of Mexican Man in Houston
- Tornado warning lifted for parts of Manitoba following severe thunderstorm
- Bipartisan housing bill becomes law after Trump declines to sign it
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.
Risky corporate borrowers shut out of bond market since Trump’s tariff blitz America’s risky corporate…
The value of the US dollar has fallen in recent days to a new three-year low following the uncertainty over the impact of the Trump tariffs on the global economy.
Jamie Dimon, the head of JPMorgan Chase – one of the world’s biggest banks – says the United States’ economy is facing “considerable turbulence”.
Despite opening well this Friday morning, the three main stock indexes in Europe are now down after China announced that it will retaliate further to US tariffs – after the Trump administration confirmed the tariff on China is now 145%.
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