(Bloomberg) — Hungary lowered the highest key interest rate in the European Union by a full percentage point as policymakers try to combat the country’s longest recession since at least 1995.
Meta Platforms Inc. finally seems to be spending its time and money on things that investors like.
Mexico’s economy grew at a slightly slower pace than the preliminary estimate in the second quarter, even as the country benefited from the strength of its trade with the US and its own robust consumption.
South Africa’s government established a fund to reduce the effect of power outages on the agriculture industry and incentivize investment in alternative energy, Agricultural and Land Reform Minister Thoko Didiza said.
Pet retailers are rushing to expand their e-commerce offerings as online-only newcomers like Chewy Inc. disrupt the industry amid a post-pandemic boom.
Home prices in the US climbed for a fifth month as buyers competed for deals in the least affordable market in decades.
An unprofitable electric vehicle maker has suddenly become the third most valuable auto manufacturer in the world, leaving the likes of General Motors Co. and Ford Motor Co. in its dust.
India has cut cooking gas prices to soften the impact of rising inflation on household expenses as the nation heads into seasonal festivals and key elections.
French Finance Minister Bruno Le Maire said he wants retailers and consumer goods producers to cut prices on more products to help slow the inflation rate.
Britain’s watchdog overseeing corporate marketing claims says it’s aware of a number of companies making false green statements after purchasing carbon offsets that aren’t fit for purpose.
