Economic news

The owner of most IKEA outlets worldwide said on Tuesday sports retailer Decathlon will open a store in one of its British locations as the budget...

India will overhaul how it calculates real GDP growth under a revised national accounts series due to launch this week, the country's top...

Hong Kong conglomerate CK Hutchison said on Tuesday Panama authorities had threatened its employees with criminal prosecution if they defied...

Indian textile maker Gokaldas Exports, a supplier to Walmart, sees pressure on its core earnings margins easing in fiscal 2027 as lower U.S....

French department store chain BHV plans to open Shein physical shops in five other French cities on February 25, the Chinese online fast-fashion...

The mood among German exporters improved in February, a survey by the Ifo economic institute showed on Tuesday, but the latest changes to U.S....

Gold prices fell on Tuesday as investors booked profits after bullion rose more than 2% in the previous session, while pressure from a stronger...

The yen weakened on Tuesday as markets weighed the fallout on global trade from renewed turbulence over U.S. President Donald Trump's tariff...

Asian stocks stabilised after a wobbly start on Tuesday as a fresh AI-linked selloff on Wall Street rattled investors, with sentiment also hurt by...

Wall Street stocks tumbled on Monday, as ongoing fears of artificial intelligence-related disruption and the fallout from Friday's U.S. Supreme...

Indian shares declined on Tuesday, as risk sentiment soured on renewed uncertainty around U.S. President Donald Trump's tariff policy, while IT...

Novo Nordisk shares fell more than 15% on Monday, wiping away the last gains Wegovy's launch had brought, after the...

Dominion Energy forecast annual profit below Wall Street expectations on Monday, but raised its five-year capital spending plan by nearly 30%...

Domino's Pizza beat Wall Street estimates for fourth-quarter U.S. same-store sales on Monday, as value-driven promotions and new menu...

Eli Lilly said on Monday it received the U.S. Food and Drug Administration's approval to launch a four-dose KwikPen for its weight-loss...

Novo Nordisk's next-generation obesity drug CagriSema underperformed rival Eli Lilly's Zepbound in a head-to-head trial, the...

OpenAI is expanding its push into the enterprise market by teaming up with four of the world’s largest consulting firms, betting that a more...

Gilead Sciences will pay as much as $7.8 billion to acquire partner Arcellx in its largest deal since 2020, the biopharma company said on Monday,...

The UK's FTSE 100 was subdued on Monday, as investors assessed a fresh wave of uncertainty over U.S. trade policy, while Johnson...

Chevron has entered into exclusive talks with Iraq over the giant West Qurna 2 oilfield, moving closer to acquiring the field from sanctioned...

Indian equity benchmarks rose on Monday after the U.S. Supreme Court struck down President Donald Trump's sweeping tariffs, but the...

German business morale rose slightly more than expected in February, reaching its highest level since August and pointing to the German economy...

The dollar slipped on Monday after the U.S. Supreme Court's decision to strike down President Donald Trump's tariffs stirred fresh policy...

Indonesia reported a 54.6 trillion rupiah ($3.25 billion) budget deficit in January, or 0.21% of its gross domestic product, with spending jumping...

Far from being a source of relief, the Supreme Court's takedown of President Donald Trump's tariffs has infused new risks and...

Goldman Sachs raised its Brent and West Texas Intermediate crude forecasts for the fourth quarter of 2026 by $6 to $60 and $56 respectively, citing...

Oil prices fell about 1% on Monday as the U.S. and Iran prepared for a third round of nuclear talks, easing fears of an escalating conflict, while...

Gold climbed to a three-week high on Monday as uncertainty stoked by the U.S. Supreme Court's decision to strike down a vast swathe of...

The U.S. Customs and Border Protection agency said it will halt collections of tariffs imposed under the International Emergency Economic Powers...

State energy major Saudi Aramco has sold several cargoes of ultra light crude oil from its $100 billion Jafurah gas plant to U.S. majors and...

U.S. stocks ended higher on Friday, led by gains in Alphabet, Amazon and other Wall Street heavyweights after the Supreme Court struck...

The Indian rupee will track developments in U.S. tariff policies this week after the U.S. Supreme Court struck down levies imposed by...

Singapore's biggest bank, DBS Group, said on Monday it had formed a three-year partnership with investment firm Granite Asia to roll out...

Microsoft said on Friday gaming head Phil Spencer is retiring after 38 years at the software maker, in a major leadership shake-up. The...

U.S. and European stocks advanced on Friday and Treasury yields rose as investors absorbed a ruling by the U.S. Supreme Court striking down...

Britain's FTSE indexes gained on Friday and were set to end the week higher, led by defence stocks, while expectations for a March rate cut...

British businesses extended an early 2026 recovery in February and consumers started the year confidently, data showed on Friday, although...

The British pound hovered around its lowest in a month against the dollar on Friday, and was headed for its biggest weekly decline since January...

French industrial gases group Air Liquide said on Friday it sees a gradual improvement in Europe and said U.S. President Donald...

British retail sales volumes rose in January at the fastest annual pace in nearly four years, according to official data that suggested consumers...

Amazon's cloud unit suffered at least two outages in December stemming from errors involving its own AI tools, the Financial Times...

The United States is in "active negotiation" over the sale of Venezuelan oil to India, to help India diversify its sources of crude oil,...