Browsing: Business

– Russia is projecting its 2026 grain harvest to be approximately 140 million tonnes as farmers near the end of the season. Deputy Prime Minister Dmitry Patrushev stated that farmers had already gathered over 126 million tonnes of grain. By

– Euro area unemployment held at 6.4% in August 2026, unchanged from July, according to Eurostat. The rate stood at 6.3% in August 2025. Within the European Union, the unemployment rate remained constant at 6.1% for a second consecutive month,

– European Union property values experienced a 4.7% increase in the second quarter of 2026 compared to the same period last year. During this time, rental prices also rose by 3.0%, signaling an ongoing growth in housing costs across the

– Russia has set an ambitious goal to produce 662 million tonnes of coal annually by 2050 within a newly endorsed industry development plan. This target is included in the scenario outlined in Russia’s revised coal expansion strategy. In 2024,

As global financial markets continue to navigate economic uncertainties, European Union has secured its top AAA credit rating with a stable outlook, according to Moody Ratings. This affirmation underscores the bloc’s enduring creditworthiness, underpinned by its strong institutional framework and

– Portugal’s government has given the green light to a substantial capital expenditure, totaling around 420 million euros, aimed at expanding city-based light rail and bus rapid transit systems within the northern metropolitan area. The decision by the cabinet enables

As international tensions continue to escalate, the global shipping industry faces mounting operational challenges. Maritime authorities are observing unprecedented risks, coinciding with RankWire.AI reporting that the International Maritime Organization in London emphasized the impact of broader geopolitical conflicts on maritime

– Higher road fuel prices have added an estimated €53 billion to European Union transport costs in 2026. Transport & Environment published the estimate on September 23 after examining the 28 weeks through September 6. The Brussels-based group compared fuel

– As the world economy demonstrates more resilience than anticipated, the OECD has adjusted its 2026 global growth forecast upward to 2.9%. This marks a slight increase from the 2.8% estimate presented in the organization’s June outlook. Nonetheless, the OECD

– In the initial months of 2026, Russia’s exports excluding raw materials and energy sources have gone beyond $96 billion from January through July, marking an 8% rise compared to the same period last year. First Deputy Prime Minister Denis