Europe's new car registrations increased for the second straight month in August, the European Automobile Manufacturers' Association, or ACEA, said on Thursday. New car sales registered an annual increase of 5.3 percent in August compared to a 7.4 percent rise in July. This was the second straight month of growth. However, EU car registrations edged down 0.1 percent in the year-to-date period.Batt...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.