As the scorching heatwave in Europe moves northward, Britain is braced for its hottest day on record on Tuesday.
After the country experienced the warmest night on record overnight, the daytime temperatures were expected to reach up to 42C, far above the UK all-time high of 38.7C set in 2019.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.