- Judge halts DOJ pressure campaign on California election officials
- Pope Leo becomes first pontiff to vote in US general election in Chicago
- B.C. transitions to permanent Pacific daylight time, affecting technology and travel
- DOJ official describes allegations concerning dual Dan Sullivans in Senate race as troubling
- Real estate CEO and family attacked during home invasion in Toronto
- Texas grand jury indicts ICE officer for allegedly running over man in Houston
- NATO commander advocates for integration of AI and drones in Canada’s defence strategy
- Lebanese court charges 13 individuals over explosives shipment to Hezbollah
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.
The Trump Organisation has launched a mobile service and smartphone to attract conservative consumers, promising products made in America.
Analysts warn that Section 899 of the “One Big Beautiful Bill”—Donald Trump’s proposed retaliatory tax on foreign entities—could deter investment by imposing a tax starting at 5 %, rising to 20 %, on companies from countries that levy “unfair” taxes on US entities.
More than 240 die as Air India flight crashes in Gujarat following take-off The FT has…
The FT says the NHS, defence and education are the winners from the review but the Home Office, Foreign Office and Culture Department face a “squeeze”.
The UK Economy shrank by 0.3% in April, exceeding economists’ expectations of a 0.1% contraction, largely due to President Trump’s tariff policies.
The chancellor will release £39bn for affordable housing, saying the money is “the biggest boost to social and affordable housing in a generation.”
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.

