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Egypt plans to reduce its debt-to-GDP ratio to 78% in fiscal year 2026-27, the prime minister said.

2026-09-03

Egypt plans to reduce its debt-to-GDP ratio to 78% in fiscal year 2026-27, the prime minister said.

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2026-09-03

Chery Holding chairman Yin Tongyue said the company will advance multiple next-generation battery technologies in parallel and will not install unsafe tech on vehicles. Chery’s Rhino battery family includes hybrid-specific, BEV-specific and solid-sta

Chery Holding chairman Yin Tongyue said the company will advance multiple next-generation battery technologies in parallel and will not install unsafe tech on vehicles. Chery’s Rhino battery family includes hybrid-specific, BEV-specific and solid-state-specific lines; its solid-state cell has reached 400 Wh/kg. A Rhino solid–liquid hybrid version is planned for vehicle fitment in Q4 2026, and full solid-state on-vehicle validation is scheduled for 2027.
2026-09-03

[PMI Data Shows UK Economy Accelerated Growth in August, But Cost Pressures Worsen] The UK's dominant services sector grew for the second consecutive month in August, with business confidence also rebounding. However, an increase in the number of bus

[PMI Data Shows UK Economy Accelerated Growth in August, But Cost Pressures Worsen] The UK's dominant services sector grew for the second consecutive month in August, with business confidence also rebounding. However, an increase in the number of businesses reporting price increases may worry the Bank of England. The final S&P Global UK Services Purchasing Managers' Index (PMI) rose to 52.5 in August from 52.1 in July, marking the strongest growth since April. The final reading released on Thursday was slightly lower than the preliminary reading of 52.8, but further demonstrates the resilience of the UK economy despite the ongoing war between the US and Iran. Tim Moore, Head of Economics at S&P Global Markets Intelligence, said: "The August data highlights the overall improvement in operating conditions in the UK services sector. Business and consumer spending rebounded after declining in the second quarter of 2026."
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