NEWSVERUM / Global briefing

Data-Driven Global News · Page 42 of 300

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Follow global economy, business, finance, energy, climate and public affairs through original sources, sourced data and context. (Page 42 of 300)

Technology

Gelion reports £2.5m income for FY2026 as sulfur battery work advances

Gelion reported total income of £2.5 million for the audited year ended 30 June 2026, in results published on 21 October, compared with £2.7 million a year earlier. Most income came from government grants and R&D tax incentives.

Gelion plc (RNS)1 min read Data included
Economy

Euro area and EU government deficits widen in second quarter

The seasonally adjusted general government deficit reached 3.3% of GDP in the euro area and 3.5% in the EU in the second quarter of 2026, Eurostat reported on 21 October. The ratios were 3.2% and 3.1%, respectively, in the first quarter.

Eurostat1 min read Data included
Economy

Italy’s public deficit falls to 3.1% of GDP in 2025

Italy’s general government net borrowing was €69.736 billion in 2025, equal to 3.1% of GDP, according to the Maastricht notification published by Istat on 21 October. That was down from €74.835 billion, or 3.4% of GDP, in 2024.

Istat1 min read Data included