Economic News
France, US trade barbs over digital services tax
A trade war looked set to break out on a new front as France clashed with the US over the introduction of new tax on tech firms such as Amazon, Google and Facebook.
US CPI edges past forecasts in June, partly due to trade tariffs
US consumer prices rose a tad more quickly than expected in June amid sharp increases in the prices of used cars and trucks, and apparel.
Channel Tunnel traffic falls in 'politically uncertain' market
Truck traffic through the Channel Tunnel fell 14% year-on-year to 122,349 in June, primarily due to the impact of weakness in the automotive sector, the operator said on Thursday.
UK claims Iran "attempted to impede" British tanker in Gulf
Tensions in the Gulf were heightened after the UK claimed three Iranian boats “attempted to impede” a BP-owned British oil tanker in the strait of Hormuz on Wednesday.
German June CPI revised higher
Consumer prices in Germany rose more quickly than expected last month, revised data showed.
Homebuyer interest rises in the UK for first time since November 2016
New homebuyer interest rose across the UK in June for the first time since November 2016, as a more stable trend began to emerge in the UK housing market.