Business & Finance

UK Unemployment Rate Rises to Highest Level Since July 2021

London: The UK unemployment rate rose to 4.6% in the three months from February to April, marking its highest level since July 2021, according to official data released Tuesday by the Office for National Statistics (ONS).

According to Anadolu Agency…

Germany Approves $52 Billion Tax Cut Package for Companies

Berlin: The federal Cabinet in Germany has sanctioned a substantial tax cut package totaling approximately $52.3 billion. This initiative is aimed at alleviating the financial strain on the country’s faltering economy, according to a recent statement …

Israeli Army Promotes Officer Linked to Gaza Civilian Executions

Tel Aviv: The Israeli army has promoted a reserve officer who reportedly ordered soldiers to open fire on Palestinian civilians displaying white flags in central Gaza last year, according to Israeli media reports on Wednesday.

According to Anadolu A…

Russia’s Oil and Gas Revenue Decline by 35% in May

Moscow: The Russian Finance Ministry has announced a significant 35.4% decrease in oil and natural gas revenues for May, compared to the same period last year, bringing in 512.7 billion rubles ($6.5 billion).

According to Anadolu Agency, the first fi…

Pakistan Reports 11th Polio Case This Year

Jerusalem: Pakistan has reported a new polio case, raising the tally to 11 this year, the Health Ministry confirmed on Monday. The fresh case was reported from the Diamer district of the northern Gilgit-Baltistan region, which borders neighboring Chin…

Australia Considers WTO Challenge Against US Tariffs

Australia: Australia is considering whether to challenge the US at the World Trade Organization (WTO) over President Donald Trump’s steel and aluminum tariffs, local media reported Monday. Trump has announced a plan to double tariffs on steel and alum…

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Building Licenses Rise 3.2% in First Half of 2026

Amman: The number of building licenses issued in the Kingdom rose by 3.2 percent in the first half of 2026, reaching 12,070 compared with 11,700 in the same period of 2025, the Department of Statistics (DoS) said Monday.

According to Jordan News Agen…