Euro area house prices rise 4% annually in the second quarter
The EU recorded a 4.7% annual increase and a 1.2% quarterly rise.
Eurostat
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WELLFICENT / NEWSROOM
566 storiesWorld economy and business news — Page 45
Developments in the world economy, international trade, finance and energy. Source-linked reporting appears in this section.
G20 growth slows to 0.7% in the second quarter
OECD provisional estimates show a modest slowdown from the previous quarter’s 0.8% growth.
OECD
OECD forecasts 2.9% global growth in 2026
The September interim outlook projects growth of 3.0% in 2027.
OECD
ECB raises its three key interest rates by 25 basis points
The 10 September decision lifts the deposit rate to 2.50%, effective from 16 September.
ECB — Monetary policy decisions
Fed lifts target rate range to 3.75–4%
The FOMC unanimously approved a 25-basis-point increase on 16 September.
Federal Reserve — FOMC statement
IEA deepens its forecast decline in 2026 oil demand
The September report projects an annual fall of 2.5 million barrels per day.
IEA — Oil Market Report, September 2026
Bank of England holds interest rate at 3.75%
The decision published on 17 September split the committee six votes to three.
Bank of England — September 2026 minutes
Fluor and JGC selected for LNG Canada Phase 2 expansion
The notice to proceed follows investment approval; Fluor’s contract share is $7.5 billion.
Fluor
Fluor and Balfour Beatty mark Oak Hill Parkway opening
Final work on the $677 million Austin road project is expected to continue through year-end.
Fluor
Bechtel-Westinghouse and PEJ agree main nuclear EPC commercial terms
Detailed negotiations continue toward a full EPC contract for the Polish project.
Bechtel
CNOOC renews Worley’s North Sea EPC framework for five years
The renewal covers work across the Scott, Buzzard and Golden Eagle fields.
Worley
Technip Energies and SABIC agree global LDPE technology licensing collaboration
The agreement covers worldwide licensing of SABIC’s CTR technology.
Technip Energies
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