Economic news

Italian bank UniCredit has increased its direct stake in Commerzbank to 34.4%, it said on Tuesday, ​under the takeover bid it launched on...

Philip Morris International cut its annual profit forecast on Tuesday citing ​currency swings, though CEO Jacek Olczak said other risks to...

Mastercard named Ling Hai as chief financial officer on ​Tuesday to succeed Sachin Mehra, who will step into the newly ‌created role of...

Victoria's Secret shares jumped about 50% to a record high and were set for their best day ever on Tuesday, after the lingerie retailer raised...

Amazon.com will host its annual Prime Day sales event from June 23 to June 26 after launching the event in July for the past five years,...

U.S. job openings increased more than expected in April, hitting the highest level in nearly two years, though hiring declined likely ​because of...

Hewlett Packard Enterprise shares surged 28% on Tuesday after a rosy quarter that put it on track ​to hit long-term financial...

India has tightened restrictions on silver imports by adding grain and powder forms to the list of restricted ​categories and mandating prior valid...

An Estee Lauder merger with Jean Paul Gaultier-owner Puig failed to go through because of the ​price tag, Stephane de La Faverie,...

Cisco Systems on Tuesday announced a new suite of software tools that businesses can use to build their own ​armies of bots known as AI...

Two tankers carrying oil products exited ​the Strait of Hormuz over the past week, while a liquefied natural gas carrier loaded cargo ‌in the...

European shares rose on Tuesday as a strong forecast from chipmaker ‌STMicroelectronics lifted technology stocks, while investors awaited a...

The global role of the euro currency hardly budged ‌last year, disappointing some hopes that erratic economic policy in the United States...

Gold prices rose on Tuesday, supported by lower ‌Treasury yields and a partial ceasefire between Hezbollah and Israel, while investors awaited...

India's equity markets slipped to seventh place in terms of market capitalisation on Tuesday as heavy foreign selling, weak earnings growth and...

Only a third of the euro zone's largest companies have indicated they are raising prices in response to the Iran war, a Reuters analysis...

The Indian rupee retreated below the 95 per dollar mark on Tuesday, pressured by weakness in local ​stocks and elevated importer hedging as...

The U.S. dollar steadied on Tuesday in a wait-and-see approach to Middle ​East peace talks, with Lebanon announcing a limited ceasefire between the...

Wall Street stocks posted ​modest gains on Monday as investors watched developments in U.S.-Iran peace negotiations and cheered the unveiling of a...

South Korea's consumer inflation quickened in ‌May to a more than two-year high, exceeding market expectations on high oil prices...

Alternative asset manager Blackstone said on Tuesday it has raised $13.1 billion for its Asia ​private equity fund, exceeding its initial...

Greg Abel appears to be putting his stamp ​on Berkshire Hathaway, which committed $16.8 billion over two days to buy homebuilder Taylor Morrison...

Global stocks clung to record highs on Monday as strong corporate results, fueled in part by artificial intelligence optimism, ‌outweighed...

France announced 71 foreign investment projects worth a combined €93 billion ($108.3 billion) at its annual Choose France business...

Gold prices fell nearly 2% on Monday as escalating tensions in ‌the Middle East heightened inflation concerns and reinforced expectations that...

U.S. manufacturing activity increased more than expected in May, hitting the highest level in four years, likely driven by businesses front-loading...

India's industrial output stood at 4.9% in April, government data showed on Monday, as surging energy costs and supply disruptions ​from...

LONDON, June 1 (Reuters) - The Bank of England is keeping a closer watch on public-sector pay as a potential source of inflation pressure, as it...

India's fiscal deficit stood at 4.4% of the gross domestic ​product for the year ended March ‌31, 2026, data showed on Monday, in...

The main UK indexes kicked off June on a sombre note on Monday, following fresh signs of economic damage from the Middle East conflict, although...

Japan's Nikkei share average topped 67,000 for the first time on Monday, powered by AI-related stocks, as startup investor SoftBank Group...

China issued sweeping new rules on Monday tightening control of overseas deals that involve Chinese investors, technology, data and national...

China's finished steel exports to India more than doubled in April to ‌the highest in at least two years, sparking worries among the...

The Indian rupee and government bonds this week will hinge on the run-up to the central bank's high-stakes monetary policy decision, as the...

South Korea's exports grew more than expected in May at the strongest annual ‌rate in over four decades, as a global boom in AI investment...

South Korea's factory activity expanded in May at the strongest pace in more ​than five years on efforts made by ‌manufacturers to brace...

Japanese companies' pace ‌of annual spending on plant and equipment stalled in the first quarter after a year of strong expansion, likely...

Cryptocurrency exchange Coinbase and prediction markets platform Kalshi said on Friday they are introducing perpetual crypto futures, marking...

The U.S. trade deficit in goods contracted more than expected in April as a surge in exports blunted rising imports, but economists cautioned the...

Kalshi has hired former FBI official Tyler Neff on its surveillance team, as part ​of a broader effort to ramp up safeguards on ‌its exchange...

German inflation slowed in May ​due to lower energy prices, and while core inflation accelerated, analysts said that was likely ‌not evidence...

Gold rose for a second ‌straight session on Friday after news the U.S. and Iran may have agreed to extend their ceasefire, though prices were...