Economic news

Uber agreed on Thursday to buy Germany's Delivery Hero at an equity value ​of $14.8 billion to create the largest food-delivery group...

ABB has $14 billion for further acquisitions, CEO Morten Wierod said on Thursday, after ​the Swiss engineering group announced a record $5.5...

The U.S. has announced 25% duties on many imports from Brazil, while unveiling ​a broader-than-expected list of exemptions, reviving a trade war...

London's FTSE 100 edged lower on Thursday as escalating tensions between the U.S. and Iran dampened risk appetite, while weakness in technology...

Sterling hovered near its highest level in more than two months against the dollar, and edged lower versus the euro, as concerns over Britain's...

European companies are heading for their strongest earnings season in more ​than three years, but investors remain concerned that the region lacks...

Britain's economy eked out minimal growth in May as the services industry expanded but other sectors shrank, suggesting fragile confidence...

Gold ​fell on Thursday as an escalating Middle East conflict fuelled concerns that ‌the U.S. Federal Reserve could hike interest rates this...

South Korea's ​central bank raised its benchmark interest rate for the first time in three-and-a-half years on Thursday and ‌flagged more...

Oil ​prices turned lower on Thursday as traders took profits while assessing the risks from a new wave of ‌U.S. strikes on Iranian military...

French food caterer Sodexo said on Thursday it expects faster revenue growth from 2027 as it ​seeks to revive performance through stronger...

The dip in SpaceX's shares below its blockbuster IPO price of $135 a share is an ominous sign ‌for Elon Musk's internet and...

Asian shares fell on Thursday as a sell-off in chipmakers overshadowed stellar ​earnings from industry bellwether TSMC, while bonds benefited from...

Wall Street stocks gained ground on Wednesday as softening inflation data and ​a robust beginning of second-quarter earnings season put investors...

Nearly half of Japanese firms are experiencing negative business impact from the Bank of Japan's interest rate hikes, with higher ​borrowing...

Swiss asset manager Partners Group ​beat expectations on new client demand on Wednesday, shoring up investor confidence in the private equity...

Johnson & Johnson said on Wednesday that its medical device unit underperformed in the second-quarter, even as strong ‌sales of...

The Port of Los Angeles, the busiest U.S. container seaport, said on Wednesday it ​set a June cargo record as shippers ranging from ‌retailers...

BlackRock's second-quarter profit outpaced Wall Street estimates on Wednesday as a ‌stock market rally lifted the value of client...

China's cyberspace regulator said on Wednesday ‌that Apple's on-device generative AI service, Apple Intelligence, has been registered...

India's ICICI Prudential Life Insurance posted a 27.8% rise in first-quarter profit on Wednesday, ​helped by strong growth in new business...

U.S. bank PNC Financial reported record quarterly revenue on Wednesday, boosted by robust capital markets activity and its acquisition of...

London's FTSE 100 slipped on Wednesday as investors remained cautious over escalating tensions in the Middle East, while losses in precious...

The British pound steadied against ​the dollar and held near its strongest level in over a year ‌versus the euro on Wednesday, supported by...

SpaceX's slip close to its initial public offering price risks turning a marquee stock-market debut into a ​confidence test, potentially...

The Indian rupee on Wednesday hovered around its over one-month low before ending nearly flat, wedged between modest ​portfolio inflows and dollar...

  Gold prices slipped ​on Wednesday as escalating tensions in the Middle East continued ‌to stoke inflation concerns, reinforcing...

Spain's European Union-harmonised 12-month inflation rate rose to 3.6% ​in June, unchanged from ‌the period through May, final data...

China's economy expanded at its slowest pace in over three years in the second quarter, with weak household consumption ​clouding strong...

Japanese manufacturers' ​sentiment remained relatively upbeat in July, supported by solid semiconductor demand, while confidence ‌among...

Cartier brand owner ‌Richemont reported better-than-expected results for its first quarter on Wednesday, helped by booming demand for its...

Oil extended gains on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Tehran launched strikes on...

China's new home prices contracted ‌at a slower pace in June, but the modest improvement is unlikely to result in a broad recovery as...

SINGAPORE, July 15 (Reuters) - Stocks rose and bonds steadied on Wednesday after a surprise slowdown in U.S. inflation scaled back expectations for...

The dollar drooped on Wednesday after tumbling from a ​two-week high, as softer-than-expected inflation data curbed bets on a near-term Federal...

The S&P 500 and ​the Nasdaq advanced on Tuesday as solid big bank results and a cooler-than-expected inflation report boosted risk appetite...

China's economy likely cooled in the ​second quarter, with growth drifting toward the lower end of Beijing's annual target as an entrenched...

Shares in SK Hynix jumped nearly 13% in Seoul ​on Wednesday, tracking gains in U.S. tech stocks after softer-than-expected U.S. inflation...

U.S. consumer inflation slowed more than expected in June as energy prices retreated, but the moderation was insufficient to convince financial...

Citigroup (C.N), opens new tab beat Wall Street estimates for second-quarter profit after reporting its highest quarterly revenue in a...

BP expects stronger oil and gas prices, robust oil trading and higher refining margins to lift ‌second-quarter earnings, the British...

The South African rand gained on Tuesday against ​a weaker dollar after U.S. consumer ‌inflation slowed more than expected in June, ruling out...