Live, rolling coverage of business, economics and financial markets as three members of monetary policy committee vote to raise rates That German GDP reading has indeed contributed to the wider eurozone hitting expectations – and then some. The eurozone economy grew by 0.4% in the second quarter of 2026, according to the preliminary reading from Eurostat – defying the gloom caused by the US-Israeli war on Iran. Continue reading...

Australian authorities accused Telegram of allegedly failing to remove terror-related content, including a video of New Zealand's March 2019 Christchurch shooting.

The restaurant company provided no update on the cyclospora outbreak tied to Taco Bell restaurants is affecting its business.

The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.

Ferrari is bumping up its 2026 guidance after beating Wall Street's second quarter expectations amid "healthy" demand for its products.

Senators John Cornyn and Thom Tillis had demanded further assurances about the settlement of Trump’s lawsuit against the Internal Revenue Service Sign up for the US Breaking News email Sheldon Whitehouse, a Democratic senator from Rhode Island, commented on X about the Republicans scrapping the planned committee vote for Todd Blanche’s confirmation for attorney general. The IRS “slush fund” – and whether it is actually not happening - is a reportedly a central issue for two Republicans who would be needed to confirm Blanche. “Republicans just took down the Blanche vote for tomorrow,” Whitehouse wrote on X. “Shows how truthful Blanche was about the slush fund deal being dead, that he couldn’t

Isabelle Welsh was subjected to "sadistic" violence and abuse before her murder, a court hears.

The unclaimed attack comes as Iran, its Houthi alllies in Yemen and Iraqi militias have widen strikes on energy infrastructure across the region.

With his popularity at historic lows, Friedrich Merz seeks spiritual guidance from Pope Leo’s encyclical on AI Summer is normally thought of as the time for pacy potboilers and brain-soothing pageturners – airport reads that wind up sandy and sunscreen-stained. Not so for Friedrich Merz’s holiday reading list. Germany’s embattled chancellor, who has faced one rough patch after another since taking office 14 months ago, seems to be seeking spiritual guidance this year while putting his feet up. Continue reading...