Browsing: Business

Official figures show gold heads for weekly loss as investors unwind inflation-fuelled rally, driving spot prices down 0.5 percent on Friday. The post Gold heads for weekly loss after profit taking hits prices appeared first on London Dawn.

Italy’s inflation eases to 2.9 percent in July as official Istat figures confirm slowing energy and unprocessed food costs. The post Italy’s inflation eases to 2.9 percent in July Istat shows appeared first on London Dawn.

Spain’s July CPI increased 3.6% year on year, above the initial estimate, as fuel, electricity and housing costs pushed prices higher. The post Spain July inflation rises to 3.6% as energy costs increase appeared first on London Dawn.

EU industrial production rose 0.2% in June 2026 as euro area output was flat, while annual growth was 0.6% in the EU and 0.1% in the euro area. The post Euro area industrial output flat as EU gains 0.2% appeared first on London Dawn.

Italy’s annual inflation slowed to 2.9% in July from 3.0% in June as regulated energy rose while food price growth moderated across Italy. The post Italy July inflation cools to 2.9% from 3.0% appeared first on London Dawn.

Denmark’s annual CPI inflation eased to 1.7% in July as lower food and electricity costs offset higher rents, fuel and service prices. The post Denmark consumer prices rise as annual inflation moderates appeared first on London Dawn.

Sweden industrial production dropped 1.5% annually in June, while new orders surged 29.9% and construction output rose 7.6% year on year. The post Sweden output drops 1.5% as industrial orders jump appeared first on London Dawn.

Europe’s 2026 heatwave could reduce worker productivity and farm output, adding pressure to an EU economy forecast to grow just 1.1%. The post EU growth faces €180 billion heat impact in 2026 appeared first on London Dawn.

EU Commission signs contract to expand IRIS2 satellite constellation, adding 66 Low Earth Orbit units to boost secure network. The post SpaceRISE consortium signs deal with EU to expand IRIS2 satellite network appeared first on London Dawn.

Eurozone factories lifted output to a near four-and-a-half-year high in July, but soft orders showed demand still trailed production growth. The post Eurozone PMI rises as factories draw down order backlogs appeared first on London Dawn.