Economic news

Cargill is aiming to complete the sale of its iron ore ​and steel trading business by late July or ‌early August, four sources with knowledge...

Chevron said on Monday it has signed an agreement with Microsoft to develop a co-located ​facility that would provide natural-gas fired...

Industry group Offshore Norway said on Monday it would ​impose a lockout from June 27 on Safe ‌labour union oil service workers in response to...

Silver miner Sinda on Monday ​launched its U.S. initial public offering roadshow, targeting a valuation ‌of up to $1.97 billion and...

The Bank of England on Monday eased proposed stablecoin rules following widespread concern they risked stifling development of a nascent...

Investors and business leaders are again navigating the kind of uncertainty that has dominated British politics since the Brexit vote ​a decade...

Japanese ​financial authorities kept markets guessing about possible currency intervention on Monday, with the lack of clear signals suggesting a...

London's domestically focussed FTSE index slipped to a one-week low on Monday, bogged down by political uncertainty ‌after Prime Minister...

The Indian rupee snapped a six-day-long run of gains on Monday, as the dollar hovered near a one-year peak against ​a basket of peers even as a...

France and Germany ‌have agreed to become equal shareholders in tank maker KNDS, the two governments said on Monday, paving the way for what...

Italian cash-for-gold trader Gens Aurea plans to list on the ​Milan stock exchange, it said on Monday, marking what ‌would be the first major...

Russia's seaborne exports of fuel oil and vacuum gasoil (VGO) fell by about 6% month-on-month to 3.2 million metric tons ​in May, as Ukrainian...

Britain's pound and government bond prices held lower on Monday to Prime Minister ​Keir Starmer resigning, potentially paving the way ‌for...

Gold rebounded from a more than one-week ‌low on Monday, as oil prices fell after Iran cited progress in peace talks with the United States,...

French food giant Danone said on Monday it will acquire Australia's Made Group, expanding into high-protein foods in the Asia-Pacific...

Asian share markets swung higher on Monday ​as Iranian negotiators said progress had been made in peace talks with the United States,...

The dollar was steady on Monday as the first round of U.S.-Iran talks fuelled investor optimism for a deal, while the ​yen inched towards 40-year...

Thailand plans to lift its economic growth potential ​to 3.0% from 2.7% by 2030, ‌Finance Minister Ekniti Nitithanprapas said on...

China left benchmark lending rates unchanged for the 13th consecutive month in June on Monday, in line ​with market expectations. WHY IT'S...

Ladbrokes-owner Entain has begun exploring options for its joint venture ​in Central and Eastern Europe, including a possible sale, three...

The Russian central bank cut its ​benchmark interest rate by 25 basis points to 14.25% on Friday, a smaller move than the 50 bps that analysts had...

BMW and staff representatives are preparing for talks after the German ​premium carmaker issued a profit warning this week and said...

Canada's retail sales grew by 0.5% in April from March to ​C$73.03 billion ($51.6 billion), slightly missing expectations, led primarily...

British government borrowing jumped much more sharply than expected in May as higher ‌inflation pushed up the cost of servicing index-linked...

The pound rose on Friday as traders digested a parliamentary by-election victory for Andy Burnham which clears a hurdle for him to potentially oust...

Europe's banking sector ​could boost lending by more than €2 trillion ($2.2 trillion) if regulators ‌were to simplify...

The Bank of England on Friday set out the scenario for this year’s stress test ​of private markets, modelling a severe global shock...

Global shares fell and oil prices got a boost on Friday ​after U.S. and Iranian negotiators called off peace talks, while the risk of official...

The South African rand weakened in early trade on Friday, pressured by ​a firmer dollar and hawkish signals from the ‌U.S. Federal...

MSCI has raised new concerns ​about Indonesia's investability, citing limited visibility in shareholdings and coordinated trading behaviour,...

The dollar strengthened in Asian trade on Friday, pinning the yen near a four-decade low as a peace deal between the U.S....

Oil ​prices rose on Friday as the prospect of a lasting truce between the U.S. and ‌Iran was clouded after peace talks in Switzerland were...

The Indian rupee edged lower on Friday, after a brief rise earlier in the session, tracking ​weakness in Asian peers as the dollar firmed on a...

India's Nifty IT index fell to a three-year low on Friday after bellwether Accenture forecast quarterly sales ​below Wall Street...

Gold prices were on track for a third consecutive ‌weekly fall, slipping more than 1% on Friday, as a stronger dollar and hawkish signals from...

British government borrowing jumped much more sharply than expected in May as higher inflation pushed up the cost of servicing inflation-linked...

Say it quietly, but Gulf airlines are back in business. The Middle East is home to some of the world's biggest carriers, whose networks...

Japan's annual core ‌inflation stayed below the central bank's 2% target for a fourth straight month in May, data showed on Friday, as...

German exports to Britain fell by around ​7% since 2016, according to ‌figures from the German Economic Institute (IW), underscoring the...

U.S. stock indexes rallied on Thursday, with the Nasdaq's 1.9% advance boosted by ​gains in semiconductor shares, while inflation fears eased...

British consumer confidence held steady in June but younger people turned more pessimistic ​about the economy and their personal financial...

J.P. Morgan on Thursday pushed back to November its forecast for ​the Bank of England's next interest rate increase, ‌after the central...