The Latest Breaking News from Economy

Thru the optimism prism: GDP’s 7.8% print offers some hope for those willing to see it

India's economy grew by 7.8% in the first quarter of fiscal year 2027. This growth was fueled by a consumption spurt and government capital expenditure. Nimble energy diplomacy helped India navigate global energy shocks effectively. Exports also held up well due to diversification efforts by businesses. Stock markets show early…

The Economic Times · Sep 8

In 2024, Wales used 80,000 discarded diapers to build a road instead of sending 4 tons of waste to landfill

Carmarthenshire County Council has collaborated with Nappicycle to conduct a groundbreaking road trial. Thousands of used diapers were skillfully transformed into fibrous pellets designed for road surfacing. This pioneering initiative successfully diverted four tons of waste from overflowing landfills while ensuring the recycled material remained cost-effective. It exemplifies an innovative…

The Economic Times · Sep 8

Growth nearing 1% of GDP and higher revenues: what it means for the 2027 Budget Law

According to economist Pietro Reichlin, speaking to Euronews, the 1% forecast "is realistic, but Italy remains last in the EU". Growth is not enough to widen the room for the 2027 budget, held back by structural flaws like low productivity and an ageing population.

Euronews · Sep 8

Volkswagen's Osnabrück plant to switch from cars to defence

Crisis-hit Volkswagen has struck a preliminary deal to sell its Osnabrück plant in Lower Saxony to the state government and Israeli investor Aurelius Capital. From mid-2027, the iconic factory is expected to start producing equipment for Rafael Advanced Defence Systems, the company behind the Iron Dome missile defence system. But…

France 24 · Sep 7

'Polarised Brazil': Lula remains a 'strong candidate' despite challenges of incumbency

François Picard is pleased to welcome Andreza Aruska de Souza Santos, Director of King’s Brazil Institute at the School of Global Affairs, King’s College London and Associate Professor in Brazil and Latin American Studies. According to Aruska, Brazil’s approaching elections can be viewed through competing prisms: macroeconomic performance and political…

France 24 · Sep 7

2xble deflation demystified: GDP numbers may look puzzling, but the new methodology measures the economy differently

India's Q1 FY27 GDP deflator appears low, but national accounts explain this divergence. Double deflation methodology separates output and input price movements accurately. Divergent input and output prices can create negative manufacturing deflators. Net exports and net taxes on products also significantly influenced the headline figure. These refined statistical methods…

The Economic Times · Sep 7

How BRICS can become a platform that helps businesses build together

When consensus is required among all BRICS members, outcomes tend to settle at the lowest common denominator. These include knowledge exchange, working groups, joint statements. They are useful but don't move the real economy. This happens through businesses. So, the question to ask is: does BRICS help build projects, reduce…

The Economic Times · Sep 7

AI boom forecast as Australia's biggest bonanza yet

The economic benefits of AI adoption are beginning to flow in Australia, with about 15 per cent of tasks and occupations set to be replaced by 2060.

AAP · Sep 7

OnlyFans in South Africa: what creators say about sex work, personal safety and the gig economy

OnlyFans was established in 2016 as a platform for content creators to post images and videos or host live streams in exchange for money. But what began as a small and relatively quiet niche startup suddenly exploded.

The Conversation · Sep 7

Why Franchise Models Are Winning the Restaurant Stock Divide

QSR and Yum! Brands posted strong Q2 2026 results on franchise economics and global diversification, while McDonald's U.S. sales slowed on execution missteps despite similar franchise strength.

MarketBeat · Sep 7