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Italian Industrial Output Declines in June

Rome: Italian industrial output fell 1% month-on-month in June compared to May, according to official figures released by the National Institute of Statistics (Istat).

According to Emirates News Agency, Istat revealed that Italian industrial output…

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Gold Drifts Lower as Investors Take Profits

New york: Gold slipped on Monday as investors took profits after prices hit a seven-week high in the previous session, while markets looked to US inflation data for fresh clues on the Federal Reserve’s interest rate path. Spot gold was down 0.5 percen…

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Western Europe Records Hottest June-July Period Ever

Brussels: Western Europe recorded its hottest June-July period on record, with an average temperature of 21.62°C, the EU’s Copernicus Climate Change Service said on Monday. The figure surpassed the previous record for the same two-month period, set in…

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