Browsing: Business

Trade policy choices can determine how quickly global food markets recover from shocks, the Food and Agriculture Organization said in a flagship report released Thursday. The State of Agricultural Commodity Markets 2026 examines disruptions caused by extreme weather, conflicts, pandemics,

The European Parliament backed talks with EU member states on a proposed digital euro on Thursday, moving the legislation into interinstitutional negotiations. Lawmakers approved the main negotiating mandate by 416 votes to 169, with 22 abstentions. By a show of

Apple announced a multiyear chip agreement with Broadcom valued at more than $30 billion. The deal covers custom silicon parts and wireless connectivity technology for Apple products. Apple said the agreement will produce more than 15 billion U.S.-made chips. It

Austria’s shift toward lower-carbon industry advanced with progress on voestalpine’s new electric arc furnace at Donawitz, one of two major steel decarbonization projects under the company’s greentec steel program. The plant forms part of a move away from coal-heavy blast

Global investment in intangible assets passed US$10 trillion in 2025 for the first time, the World Intellectual Property Organization said. The Geneva-based agency said spending on non-physical assets grew more than three times faster than investment in tangible assets. The

The FAO Food Price Index edged lower in June as declines in cereals, sugar and dairy offset gains in vegetable oils and meat. The global food price benchmark averaged 130.3 points, down 0.3 percent from May. It stood 1.7 percent

The European Union’s seasonally adjusted current account surplus rose to €113.4 billion in the first quarter of 2026, equal to 2.4% of gross domestic product, Eurostat said. The surplus increased from €99.2 billion, or 2.1% of GDP, in the fourth

Euro area annual inflation eased to an estimated 2.8% in June 2026 from 3.2% in May. Eurostat released the flash estimate on July 1. The statistical office of the European Union measures the rate through the harmonised index of consumer

Global agricultural and fisheries production will expand by 13 percent over the next decade under stable market conditions, according to the OECD-FAO Agricultural Outlook 2026-2035. The report, released in Paris, projects growth through 2035 across major farm commodities, biofuels and

The European Investment Bank and Airbus have signed a first €1 billion loan to support aerospace research and development in Europe. The loan forms part of a wider €3 billion financing envelope for Airbus. The package supports work in commercial