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UK Consumer Sentiment Held at Nearly Three-Year High in August

UK consumer confidence remained at its highest level since September 2021, with the GfK index steady at -13 points in August. Optimism was driven by...

Nestlé Shares Drop 2.5% Following CEO’s Unexpected Resignation

Nestlé shares fell by over 2.5% in early trading after CEO Mark Schneider's surprise resignation. Laurent Freixe, previously head of Nestlé's Latin American division, has...

Rheinmetall Aims to Increase Annual Revenue to 40 Billion Euros by 2030

Rheinmetall targets 40 billion euros in annual revenue by 2030, aiming to become one of the world's largest defense companies. The company expects to surpass...

Mortgage Rates in the U.S. Drop to 15-Month Low

U.S. mortgage rates have fallen to their lowest level in 15 months, with the average 30-year mortgage rate at 6.46%. Despite the drop, the reduction...

Core Inflation in Japan Accelerates, But Key Core-Core Inflation Slows

Core inflation in Japan, which excludes fresh food prices, rose to 2.7% year-on-year in July, up from 2.6% in June. Core-core inflation, closely watched by...

Norway’s Economic Growth Accelerated Sharply in Q2

Norway's GDP grew by 1.4% in Q2, up from 0.3% in Q1. Growth was driven by strong activity in the extraction sector and maritime transport,...

Japan’s Private Sector Activity Grew at the Fastest Pace in Over a Year

Japan's private sector activity grew at its fastest pace in over a year in August. The services sector drove the growth, with its activity index...

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