Economic news

Global shares rose on Friday, heading for a second week of gains ahead of a key read of U.S. inflation that investors are confident will pave the...

Sterling edged up against the dollar and was set for its second consecutive week on the rise as budget worries receded and a revision of UK...

Netflix is in exclusive talks to buy Warner Bros Discovery's film and television studios along with its streaming assets after...

Oil prices were steady on Friday, supported by stalled Ukraine peace talks, though gains were offset by expectations of a supply glut. Brent...

Tesla launched the new, lower-priced version of its Model 3 car in Europe on Friday, two months after its U.S. debut, aiming to boost sales as...

The rupee closed little changed on Friday after the Reserve Bank of India cut policy rates, logging a quiet close to a week which saw the currency...

The dollar index fell on Friday, trading not far from a five-week low ahead of the delayed release of a key U.S. inflation reading, which is not...

A potential artificial intelligence bubble will deflate faster than past tech cycles but give way to an even stronger rebound as corporate adoption...

Airbus delivered 72 planes in November to reach 657 so far this year, the European planemaker said on Friday. The figure, underscoring a...

A strong pipeline of high-profile IPOs by companies in China and India looking to tap into a move by investors to diversify bets will bolster Asian...

Britain's housing market slowed in November in both annual and monthly terms in the run-up to the government's budget, figures from...

Investors seeking clarity from the Bank of Japan on how much higher interest rates could go could be disappointed, former central bank officials...

Visa is relocating its European headquarters to London's Canary Wharf financial district, the Canary Wharf Group said on Friday. The...

U.S. stocks closed near the unchanged mark on Thursday, as investors weighed a report on the labor market and other economic data, while equities...

The Reserve Bank of Australia will hold its cash rate at 3.60% on Tuesday and keep it there through 2026, according to a Reuters poll, a shift from...

China's exports likely returned to growth in November after an unexpected dip in October, as manufacturers rushed to move inventory to take...

The Australian unit of U.S. oil giant Chevron said on Friday that the partners of the Gorgon Joint Venture have approved the A$3 billion...

Japanese household spending unexpectedly slumped at the fastest pace in nearly two years in October, government data showed Friday, raising...

U.S. trade with China needs to be balanced and probably needs to be smaller, U.S. Trade Representative Jamieson Greer said on Thursday, adding that...

European shares ended largely steady on Wednesday, aided by gains for technology that offset sharp declines in financials, while Inditex surged to...

German rail operator Deutsche Bahn (DBN.UL), dogged by under-investment and delayed train services, is set to return to operating profit this year...

The deadly fire that ripped through seven high-rise towers in Hong Kong is expected to result in a surge in near-term claims among insurers, and...

Dollar General  raised its annual profit forecast after beating third-quarter earnings estimates on Thursday, as value-seeking shoppers...

Hungary's Viktor Orban announced an 11% hike in the minimum wage for 2026 on Thursday after employers and employees reached a deal, despite an...

Shares of Philips fell over 6% on Thursday, making it the worst performer on Amsterdam's AEX index, after an analyst note raised...

The Bank of England said on Thursday that it was launching a stress test of how the $16 trillion global private equity and private credit...

Ireland's domestic economy grew by 2.3% in the third quarter compared to the previous three months, while the more volatile gross domestic...

Gold ticked lower on Thursday as gains in equities markets in Asia and Europe weighed on safe-haven demand, while investors turned their attention...

UK's FTSE 100 ticked up on Thursday, with investors assessing corporate updates and economic data suggesting potential weakness, while Burberry...

LONDON, Dec 4 (Reuters) - BlackRock, the world's largest asset manager, expects AI to continue dominating markets in 2026 and anticipates a...

The pound steadied against the dollar on Thursday after rising over 1% the day before, its biggest daily jump since April, as an upward revision of...

OpenAI has agreed to acquire Neptune, a startup that provides tools that help companies track their AI model training, the ChatGPT maker said on...

British businesses expect to reduce staff numbers but raise prices at a similar rate to before, according to a survey of more than 2,000 firms on...

British construction activity contracted last month at the fastest pace since May 2020, with steep falls in civil engineering, residential, and...

Thousands of IndiGo passengers were stranded by flight cancellations on Thursday - a third day of chaos after India's biggest airline did...

China said on Thursday it is working on streamlining rare earth export licenses - a key promised outcome after a meeting between U.S. President...

Chile's state-run copper producer Codelco (COBRE.UL) and Glencore, a Swiss trader and miner, have signed an initial agreement to collaborate on...

Rio Tinto  CEO Simon Trott outlined a plan to focus on divestments and productivity growth at his first strategy day on Thursday as he...

The African Development Bank plans $1.78 billion of financing for Namibia over the next few years, backing projects in sectors such as transport,...

The South African rand was steady in early trade on Thursday, ahead of the release of current account data by the central bank while global...

Oil prices firmed on Thursday after Ukrainian attacks on Russia's oil infrastructure signalled potential supply constraints, and stalled peace...

U.S. stocks advanced to close higher on Wednesday, as a flurry of economic data kept expectations elevated for an interest rate cut by the Federal...