Getty Images The UK inflation rate has risen for the first time this year, Official figures show. Overall prices rose 2.2% in the year to July, slightly above the Bank of England’s 2% target, which had been in place since May. The increase was expected, as gas and electricity prices fell less than a year … Read more
The increasing popularity of smart home technologies, as well as improvements in AI and machine learning, which improve the effectiveness and ease of use of these devices, are driving the growth of the residential robotic vacuum cleaner market. WILMINGTON, Del., August 14, 2024 /PRNewswire/ — Allied Market Research published a report titled, “Residential Robotic Vacuum … Read more
This article is an online version of our FirstFT newsletter. Subscribers can sign up for our Asia, Europe/Africa or Americas edition to receive the newsletter every weekday morning. Explore all our newsletters here Good morning. Japan’s Prime Minister Fumio Kishida has just announced that he will be stepping down next month. Below we have more … Read more
Wages in the eurozone’s biggest economy are rising at their fastest pace this century, fuelling concerns among some economists about the European Central Bank’s expected interest rate cut next month. Negotiated wages in Germany are expected to jump 5.6 percent in 2024, based on agreements reached between January and June, according to data published Tuesday … Read more
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank cut its benchmark rate for the first time since March 2020 and announced further cuts in coming months, saying inflation was moving closer to its 1% to 3% target in a marked dovish tilt that prompted a sell-off in the dollar. The decision to cut … Read more