Japan’s economy grows 0.3% in second quarter, misses forecasts
Japan’s GDP expanded 0.3% in the second quarter of 2026, with weak consumption and capital spending contributing to growth below forecasts.
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BP Secures Licence for Second Phase of Venezuela’s Loran Gasfield
BP will develop the second phase of the offshore Loran gasfield with Qatari and Emirati partners, marking a major new foreign energy investment in Venezuela.
Ethiopia Calls for Greater Emerging-Economy Representation at BRICS Finance Meeting
Ethiopia urged greater representation for emerging and developing economies in the global financial system during a BRICS finance ministers and central bank governors meeting in Jaipur, India.
Frasers Group buys Harvey Nichols out of administration
Sports Direct owner Frasers Group has acquired luxury department-store chain Harvey Nichols for an undisclosed sum after the retailer entered administration.
England and Wales Water Companies Cleared for £3.4 Billion in Extra Spending
Water companies in England and Wales have been allowed to spend £3.4 billion beyond their existing plans, a decision expected to increase household bills as firms fund infrastructure for new homes and data centres.
UK economy grows 0.4% in second quarter as expansion slows
UK gross domestic product expanded by 0.4% in the second quarter of 2026, easing from 0.6% in the first quarter, with services and construction contributing to growth.
Paramount weighs CNN changes as Warner deal faces antitrust challenge
Paramount Skydance has considered changes involving CNN, including a possible sale or oversight body, while a proposed Warner Bros. Discovery transaction faces a lawsuit from 12 US states.
US inflation eases to 3.4% in July as energy prices retreat
U.S. annual consumer inflation slowed to 3.4% in July 2026, while core inflation was 2.5% and energy costs remained sharply higher than a year earlier.