Apple unveils $1,999 iPhone Duo foldable smartphone and iPhone 18 Pro series
Apple introduced the foldable iPhone Duo starting at $1,999 alongside the iPhone 18 Pro series during chief executive John Ternus's first product showcase.
Primark plans UK home delivery service ahead of 2027 spin-off from AB Foods
Associated British Foods announced that Primark will offer home delivery in the UK after acquiring an automated facility in Sheffield, as the group prepares to complete its retail spin-off by December 2027.
Apple unveils $1,999 foldable iPhone Duo at first keynote under CEO John Ternus
Apple introduced its first foldable smartphone, the iPhone Duo, alongside the iPhone 18 Pro lineup, AirPods 5, and updated smartwatches during a keynote presentation at Steve Jobs Theater.
Brent crude tops $100 as US-Iran conflict expands and EIA raises 2026 energy price forecasts
Brent crude futures surpassed $100 per barrel on Wednesday for the first time since July 24, driven by exchanges of strikes across the Middle East and a 400-million-barrel drawdown in global stockpiles.
French fuel prices reach records above 2.12 euros as government rejects broad tax cuts
Average petrol prices in France reached 2.124 euros per litre on Wednesday, prompting the Ministry of Economy to rule out blanket tax reductions in favour of targeted support.
US imposes import bans and 50% tariffs on Canadian goods following $20 billion retaliation
The White House introduced bans on Canadian alcohol, dairy, and heavy motorcycles taking effect on 29 September 2026, alongside new 50% tariffs on boats and metal products, after Ottawa enacted counter-tariffs on $20 billion in American goods.
Poland's central bank keeps benchmark rate at 3.75% as inflation reaches 3.4%
The Monetary Policy Council kept the main interest rate unchanged at 3.75% on 9 September 2026, citing rising energy prices, Middle East tensions, and annual inflation climbing to 3.4%.
Brent crude passes $101 as US and Iran exchange tanker strikes near Hormuz
Brent crude climbed above $101 per barrel on 9 September 2026 following mutual strikes in the Persian Gulf, with US forces destroying five Iranian tankers and Iran targeting commercial shipping and a Jordanian air base.
France raises champagne alcohol limit to 15% following summer heatwaves
French regulators have granted an exceptional waiver allowing champagne to reach up to 15% alcohol, responding to intense summer heat that accelerated grape sugar accumulation across the region.
Portugal extends 10-cent agricultural diesel discount and adds €13 million for fisheries
The Council of Ministers approved more than €15 million to prolong the fuel discount through 31 December, alongside targeted support for fishing fleets and social institutions.
France to reduce exceptional corporate tax surcharge in 2027 budget, Lecornu says
Prime Minister Sébastien Lecornu confirmed in a letter to business leaders that the levy on large corporations will decrease but remain active to help manage fiscal pressures.
US Transportation Secretary criticises Ford over Chinese technology ties and delayed domestic production
Transportation Secretary Sean Duffy sent a formal letter to Ford CEO Jim Farley over the company's reliance on battery licensing from CATL and joint production with Geely.
Seoul court orders Smilegate founder Kwon Hyuk-bin to transfer 35% stake worth $1.5 billion
The Seoul Family Court ruled that Kwon must transfer a 35% company stake and 65 billion won in cash to his ex-wife Lee Hwa-jin, surpassing prior national divorce awards.
German insurers update regional classes with better car insurance ratings for 5.2 million drivers
The German Insurance Association recalculated regional risk ratings across 413 districts, lowering liability tiers for 5.2 million motorists while raising them for 4.8 million.
Spain allocates 2.4 billion euros in Treasury bills as yields reach two-year highs
The Spanish Treasury placed 2,416.82 million euros in three- and nine-month bills alongside a 4,000 million euro green bond syndicate ahead of the European Central Bank rate decision.
Inditex net profit rises 6.8% to €2.98 billion in first half as sales reach €19.76 billion
Inditex reported a 6.8% increase in first-half net profit to €2,980 million on €19,755 million in sales, driven by spring-summer demand and store expansion.
JP Kraemer Reverses Company Shutdown as Three Dortmund Businesses Set to Reopen
Management at JP Performance will reopen three Dortmund operations next week, reversing an earlier shutdown announcement following domestic violence allegations against Jean Pierre Kraemer.
Japan Foreign Reserves Fall by Record $79.6 Billion After 15.4 Trillion Yen Intervention
Japan's foreign exchange reserves declined by $79.6 billion in August to $1.208 trillion following a record 15.4 trillion yen market intervention conducted jointly with the United States.
Poland restores 23% fuel VAT as CPN price caps expire, raising pump rates by up to 1 PLN
Motor fuel taxes returned to 23% and retail price limits lapsed across Poland on 1 September 2026, prompting price increases of up to 1.08 PLN per litre and fuel shortages at filling stations.
Roku enters OLED market with Pro Series starting at $999 on Amazon
Roku has introduced its first self-branded OLED televisions, launching the Pro Series at $999 on Amazon ahead of a higher-tier LX model scheduled for October.
Billionaire hedge fund manager Chris Rokos moves tax residency to Greece
The founder of Rokos Capital Management, Britain's third-largest taxpayer after contributing 330 million pounds last year, is opening an office in Athens ahead of the October Budget.
Novartis loses 24 billion francs in market value after del-desiran trial failure
Novartis shares dropped by up to 11% on Tuesday after its muscle-wasting drug candidate del-desiran failed a Phase III trial, erasing roughly 24 billion Swiss francs in market value.
Volkswagen agrees to sell Osnabrück car plant to Aurelius Capital for air defence conversion
Volkswagen has signed a preliminary agreement to sell its Osnabrück assembly plant to Aurelius Capital and the state of Lower Saxony, repurposing the facility to manufacture air defence systems with Rafael.
Portugal rejects claims of fuel tax windfall as prices hit yearly high
Environment Minister Maria da Graça Carvalho denied that Portugal is profiting from rising fuel costs, citing 700 million euros in tax offsets as prices reached yearly highs.
Chancellor Healey pledges fiscal discipline and regional growth ahead of budget
In a speech in Coventry seven weeks after taking office, UK Chancellor John Healey set out plans to devolve investment powers to city regions and cut regulatory costs by 25% by 2029 while committing to strict fiscal rules.
Italy Prepares Five-Day Extension on Diesel Tax Cut Before Shift to Targeted Aid
The Italian government will extend its 17-cent diesel discount until 10 September using windfall VAT revenues, buying time before ministers introduce targeted relief measures for vulnerable households and hauliers.
Trump threatens trade halt with deficit nations unless Federal Reserve cuts interest rates
Donald Trump demanded that the Federal Reserve reduce interest rates to the lowest in the world, threatening to stop trade with deficit partners after August hiring data beat expectations.
US judge rejects federal bid to force sale of Google advertising exchange
A federal judge in Virginia declined to force Google to sell its AdX exchange, imposing behavioral remedies instead of a structural breakup sought by the US Department of Justice.
Brain drain costs Italy up to €11.4 billion annually as 141,000 citizens move abroad
A TEHA Group and Philip Morris Italia report presented at Cernobbio estimates Italy loses €7.2 billion yearly in public education spending and up to €11.4 billion in ungenerated value as qualified workers leave.
Poland proposes 4950 PLN monthly minimum wage for 2027 following social dialogue deadlock
A draft government regulation sets Poland's 2027 minimum gross wage at 4950 PLN monthly and 32.30 PLN hourly, adding 3.2 billion PLN in corporate labour costs.