Browsing: Business

Austrian inflation rose to 2.2% in February 2026, a flash estimate showed, with services prices up 4.0% and energy still falling year on year.

Aston Martin said it will cut up to 20% of staff, target £40m annual savings and £15m cash costs, after a wider FY2025 loss and capex cuts.

European Commission will provisionally apply the EU Mercosur trade deal after Argentina and Uruguay ratified, starting tariff cuts before final EU votes.

EU services imports reached €3.5 trillion in 2024 under Eurostat’s modes-of-supply data, led by foreign firms operating through local establishments.

Austria’s inflation slowed to 2.0% in January 2026 from 3.8% in December, with prices down 0.7% on month as electricity fell 8.2%, official data showed.

The EU says it will not accept any rise in US tariffs beyond the 15% ceiling in the 2025 trade framework after a Supreme Court ruling reshaped US tariff policy.

ILO and IMO mark 20 years of the Maritime Labour Convention, reaffirming decent work at sea and stronger enforcement of seafarer standards.

European Commission demands US clarity after Supreme Court limits tariff powers, urging Washington to uphold the EU-US trade deal and tariff ceiling.

Bank of Italy said Italy logged a €27.4bn current account surplus in 2025, helped by a €3.4bn primary income surplus after a 2024 deficit.

Eurostat said the EU posted a €28.4bn extra-EU goods trade surplus in Q4 2025 as exports totaled €643bn and imports €614.6bn; energy deficit offset surplus gains.