The US Dollar bounced back strongly after US PPI data for July showed that wholesale prices rose at the strongest pace in three years.
More online travel agencies are committing to refund travellers within 14 days for cancelled flights, following dialogue with the EU and consumer authorities.
The European Commission has adopted a recommendation on voluntary sustainability reporting for small and medium-sized companies (SMEs).
Following the looming threat of 30 per cent tariffs on EU imports, the United States and EU ended months of uncertainty with a trade agreement to reduce import tariffs to 15 per cent.
The EU warned China at a summit in Beijing against providing material support to sustain Russia’s military-industrial base, and that there need to be more balance in EU-China trade.
The EU Commission has activated a customs surveillance system to monitor the import and export of metal waste and scrap into and out of the EU, covering ferrous waste and scrap (including steel), aluminium and copper.
The European Commission has launched the process to adopt new adequacy decisions to allow the free flow of personal data between the European Economic Area and the United Kingdom.