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CoStar Group Reports Birmingham's Retail Investment Surge to 10-Year High

CoStar Group Reports Birmingham's Retail Investment Surge to 10-Year High

CoStar Group Reports Birmingham's Retail Investment Surge to 10-Year High
Reuters Reuters
UK employers ask government to ease off on tax and price-gouging claims

UK employers ask government to ease off on tax and price-gouging claims

By David Milliken LONDON, June 4 (Reuters) - The Confederation of British Industry called on Britain's government not to treat business as a cash cow or accuse companies of price-gouging as the country expects to struggle with a cost-of-living shock triggered by the Iran war.
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Israeli Defense Exports Reach Record $19.2 Billion Amid Global Demand

Israeli Defense Exports Reach Record $19.2 Billion Amid Global Demand

Israel's defense industry has achieved a record $19.2 billion in exports for 2025, marking a significant increase from previous years. The Defense Ministry attributes this growth to the operational success of Israeli defense systems in various combat scenarios, including the recent campaign against Iran. The report highlights a surge in demand for Israeli air defense and missile systems, as well as surveillance technologies. Europe remains the largest market for Israeli defense exports, followed by Asia-Pacific and North America. The Gulf region also shows expanding interest, with expectations of increased cooperation post-conflict with Iran. The growth in exports is supported by regulatory reforms and strategic partnerships, enhancing Israel's position as a leading defense technology provider.
Reuters Reuters
US factory orders post biggest gain in 11 months in April

US factory orders post biggest gain in 11 months in April

WASHINGTON, June 3 (Reuters) - New orders for U.S. factory goods posted their biggest increase in nearly a year in April amid strong demand for commercial aircraft and a range of other goods.
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U.S. Retailers Face Economic Challenges Amid Prolonged Iran Conflict and Rising Gas Prices

U.S. Retailers Face Economic Challenges Amid Prolonged Iran Conflict and Rising Gas Prices

U.S. Retailers Face Economic Challenges Amid Prolonged Iran Conflict and Rising Gas Prices
AP News AP News
European shares climb and Asian shares retreat after US stocks pause their record-breaking rally

European shares climb and Asian shares retreat after US stocks pause their record-breaking rally

World shares are mixed after declines on Wall Street that snapped a nine-day winning streak for the S&P 500
Reuters Reuters
Zara owner Inditex defies consumer gloom with strong early summer sales

Zara owner Inditex defies consumer gloom with strong early summer sales

By Helen Reid June 3 (Reuters) - Zara owner Inditex reported a strong start to summer trading on Wednesday as currency-adjusted sales grew 11.5% in May, handily beating analyst expectations, even as Iran war inflation worries dent consumer confidence.
Reuters Reuters
UK monthly house prices fall for first time since start of Iran war, Nationwide says

UK monthly house prices fall for first time since start of Iran war, Nationwide says

LONDON, June 1 (Reuters) - British house prices fell by 0.6% in May, their first monthly drop since December and growth slowed in annual terms, as economic uncertainty stemming from the war in Iran hurt demand, figures from mortgage lender Nationwide showed on Monday.
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The Latest: Appeals court rules Trump policy illegally banned transgender troops from military

The Latest: Appeals court rules Trump policy illegally banned transgender troops from military

A divided panel of federal appeal court judges has ruled that a Trump administration policy illegally banned transgender troops from military service
Reuters Reuters
Bank of England is watching public-sector pay for inflation risk, governor says

Bank of England is watching public-sector pay for inflation risk, governor says

LONDON, June 1 (Reuters) - The Bank of England is keeping a closer watch on public-sector pay as a potential source of inflation pressure, as it continues to run faster than in the private sector, Governor Andrew Bailey said in remarks published by the Financial Times on Monday.
Reuters Reuters
UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows

LONDON, June 1 (Reuters) - British manufacturers raised their prices at the fastest rate since June 2022 last month in response to a big increase in costs as the Iran war disrupts supply chains, according to a survey likely to concern the Bank of England.
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Trump faces new inflation warning from bond market, adding to midterm challenges

Trump faces new inflation warning from bond market, adding to midterm challenges

The energy price spike triggered by the Iran war has seeped into the price of bonds that help fund the U.S. government, causing interest rates to climb in ways that are worsening affordability pressures, hampering economic growth and creating a new risk for Republicans in November’s midterm elections