Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries
Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due…
World’s largest cocoa producer expects major harvest rebound after chocolate prices hit historic highs
Ivory Coast, the world’s largest cocoa producer, expects output to rise to between 2 million and 2.1…
EU weighs limited fiscal flexibility on energy after Meloni push
Published on 22/05/2026 – 13:58 GMT+2 The European Union is considering the use of “existing flexibilities” within its…
Zimbabwe eyes $21 billion mineral export boom as mining firms prepare massive hiring drive
The expansion, which industry experts say could reshape Zimbabwe’s labour market and export economy, comes as global…
ECB policymaker Demarco says that the ECB will probably need to hike in June
The ECB will probably need to hike in JuneThe ECB must show commitment to 2% target to stay…
ECB ‘hell-bent’ on rate hike ‘mistake’: economist flags recession risk
The European Central Bank would be making “a big mistake” by hiking interest rates in a bid to…
BOJ governor Ueda says discussed economic, market events with prime minister Takaichi
Agreed that BOJ and government will continue to coordinate closelyExplained monetary policy thinking to TakaichiDid not discuss any…
Hormuz crisis: Venezuela becomes India’s third-largest crude oil supplier in May
Venezuela has emerged as India’s third-largest crude oil supplier so far in May, overtaking Saudi Arabia and the…
As its firms look overseas, China overtakes US to become top foreign investor in Germany
China overtook the US to become Germany’s top single-country source of foreign direct investment (FDI) last year, a…
Biggest drop in petrol purchases in six years hits retail sales in Great Britain | Retail industry
Motorists cutting back on petrol and fuel purchases at the steepest rate since the Covid pandemic in 2020…
What are the main events for today?
EUROPEAN SESSION In the European session, the main highlight was the UK retail sales report. The data missed…
UK borrowed bigger than forecast £24.3bn in April as inflation adds to benefits bill | Government borrowing
The UK borrowed more than expected in April as high inflation drove up the cost of pensions and…