German inflation dips to cooler-than-expected 1.8% in July
Economists polled by Reuters had expected inflation to ease to 1.9%.
Economic news
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Shell held off trading oil price spikes during Israel-Iran war, says CEO
UK energy major reports 32% fall in quarterly profits on lower oil and gas prices
Saks creditors suffer as high debt and slowing sales weigh on finances
Luxury retailer has pitted lenders against one another to secure financial lifelines as it teeters on edge of default
Forcing pension funds to buy UK stocks is ‘unnecessary’, says LSEG chief
David Schwimmer calls for tax benefits to encourage domestic investment in public markets
US energy storage industry faces a Trump ‘policy shock’
Also in today’s newsletter, a closer look at the EU’s $750bn spending target for American energy
US tech stocks set to hit fresh highs despite signs of slowing economic growth
Futures contracts suggest tech-heavy Nasdaq 100 index will reach latest in string of record levels