UK Inflation Rises to 2.9% as Energy Costs Surge

UK inflation increased to 2.9% in July. This rise was driven by higher energy prices during…

UK GDP Grows 0.4% Amid Iran War Energy Price Pressures

The UK economy grew by 0.4% in the second quarter of 2026, according to the Office…

BP Posts $5.73 Billion Profit Amid Iran War Energy Surge

BP reported a profit of $5.73 billion for the second quarter of 2026, marking its strongest…

IMF Cuts 2026 Global Growth Forecast Amid Iran War Fallout

The International Monetary Fund (IMF) has revised its global growth forecast for 2026 down to 3…

IMF Lowers Global Growth Forecast to 3% Amid Iran War

The International Monetary Fund (IMF) downgraded its global growth forecast for 2026 to 3%, citing the…