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Friday, July 17 2026
U.K. Economy Grows Slightly as High Energy Costs Continue to Weigh
The U.K. economy returned to growth in May on robust services-sector activity, but faces renewed uncertainty and the prospect of higher energy costs as the U.S. and Iran resumed hostilities around the Strait of Hormuz, the Wall…
Friday, July 17 2026
Iran War Leaves Crisis-Weary European Airlines Ready for a Shakeout
As renewed conflict in the Gulf drives up oil prices, airline investors and industry executives see mounting signs that Europe's financially weaker carriers may be headed for a shakeout, Reuters reported. British budget carrier…
Friday, July 17 2026
Bank of Korea Raises Rate for First Time Since 2023
South Korea’s central bank raised interest rates for the first time in over three years, joining its global peers to tighten policy in the face of inflation fueled by the U.S.-Iran conflict, the Wall Street Journal reported. Bank…
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