Browsing: Business

– Russia anticipates its 2026 grain yield to reach approximately 140 million tonnes as farmers enter the concluding phase of the harvest season. Deputy Prime Minister Dmitry Patrushev stated that the harvesters have already gathered over 126 million tonnes of

– Euro area unemployment persisted at 6.4% in August 2026, with no change from July, according to Eurostat. The rate was slightly lower at 6.3% in August 2025. Meanwhile, across the European Union, unemployment remained at 6.1% for a consecutive

– European Union house prices increased by 4.7% during the second quarter of 2026 compared to the same period last year. Rents also saw a 3.0% rise, further fueling the upward trend across the bloc. Eurostat indicated that house prices

– Russia has established a goal of reaching 662 million tonnes of yearly coal output by 2050 as part of a newly ratified industrial strategy. This figure is included in the projected scenario outlined in Russia’s revised coal development plan.

Moody Ratings has confirmed the European Union’s top AAA credit rating with a stable outlook. This affirmation underscores that the 27-nation bloc continues to hold the highest level of creditworthiness, supported by its strong institutional structure and solid fiscal commitments

– The Portuguese government has given official approval for a capital expenditure of roughly 420 million euros aimed at enlarging municipal light rail and bus rapid transit systems in the northern metropolitan area. The cabinet’s decision permits extending the Porto

The world’s maritime transportation networks are facing unprecedented operational challenges as authorities observe World Maritime Day. The International Maritime Organization based in London emphasized that international shipping is directly affected by broader geopolitical conflicts, which have disrupted vital supply chains

– In 2026, increased costs for road fuels are projected to add an estimated €53 billion to European Union transport expenditures. The estimate was published by Transport & Environment on September 23, after analyzing data from the 28 weeks ending

– The OECD has increased its projection for global growth in 2026 to 2.9%, reflecting a more robust economic performance than initially anticipated. This upward revision follows the organization’s June forecast, which predicted a growth rate of 2.8%. Conversely, the

– In the period from January to July 2026, Russia’s exports excluding resources and energy sources surpassed $96 billion, marking an 8% increase compared to the same timeframe last year. First Deputy Prime Minister Denis Manturov highlighted this year-on-year growth