Browsing: Business

Russia’s updated auto strategy targets 2.8 million vehicles a year by 2035, with local models set for 80% of the new-vehicle market. The post Russia targets 2.8 million vehicles annually by 2035 appeared first on British Messenger.

Oil prices extended losses as Hormuz talks, rising US crude inventories and OPEC+ supply plans shaped Brent and WTI trading early Thursday. The post Oil prices extend losses on Hormuz talks and US crude stocks appeared first on British Messenger.

EU goods trade moved into a €21.8 billion deficit in Q2 2026 as imports rose faster than exports and the energy shortfall widened. The post EU goods trade swings to €21.8 billion deficit in Q2 2026 appeared first on British Messenger.

OECD GDP grew 0.5% in Q2 2026, up from 0.4% in Q1, as 27 economies expanded while combined G7 growth slowed to 0.3% in the latest OECD data. The post OECD GDP growth rises to 0.5% in second quarter 2026 appeared first on British Messenger.

UK inflation rose to 2.9% in July as higher gas and electricity costs lifted household prices, while transport inflation provided some offset. The post UK inflation rises to 2.9% as energy costs climb appeared first on British Messenger.