Economic news

Even before the U.S.-Israeli war on Iran began, German companies had grown more pessimistic about their business overseas because of...

Xiaomi Corp's quarterly profit fell for the first time in three years at the end of last year as the Chinese smartphone and ​electric...

Britain's Financial Conduct Authority (FCA) will update the ​market on March 30 about ‌its plans for a multi-billion pound redress package...

Fever-Tree Drinks reported a 16% drop in annual profit on Tuesday after booking a one-off 2.8-million-pound ($3.76 million) charge over a...

Gold prices pared ​some losses after dropping more than 2% earlier on Tuesday, as ‌investors remained wary about the Middle East conflict amid...

Japan's Sumitomo Mitsui Financial Group is working on plans for a possible takeover of Jefferies, the Financial ​Times reported on...

Germany's private sector growth slowed to its weakest pace in three months in March as services lost momentum ​and costs surged amid...

Rising grain prices fuelled by the Iran war ​are lifting animal feed costs in China, the world's biggest pig market, piling pressure on...

Asian stocks have seen heavy foreign outflows so far in March as disruptions to Middle East energy supply from the U.S.-Israeli war with Iran...

The dollar firmed slightly on Tuesday as investor sentiment turned cautious, ​with the war in the Middle East raging on and markets sceptical of a...

Oracle is revamping its cloud-based financial software used by large companies to work with artificial intelligence agents, with a goal of...

New car sales in Europe rose in February after falling in January, while sustained demand for electric vehicles helped Elon ​Musk's...

Alphabet-owned Wing plans to begin delivering packages by drone to homes in California's San Francisco Bay Area in ​the coming months, it...

A Taco Bell and Dunkin franchisee has agreed to pay more than $1.5 million to settle claims by New York City that its managers ​at two dozen...

The South African rand strengthened on Monday after U.S. President Donald Trump stepped ​back from plans to target Iran's power...

U.S. construction spending unexpectedly fell in January amid broad weakness in private projects, government data showed. The Commerce...

Food delivery company DoorDash said ​on Monday it is launching ‌an emergency relief program to help U.S. gig workers offset rising fuel...

Traders have offered Iranian oil to Indian refiners at a premium to ICE Brent ‌after Washington temporary removed sanctions to ease the energy...

Berkshire Hathaway, the conglomerate built by Warren Buffett, is buying a 2.49% stake in Japanese ​insurer Tokio Marine Holdings for about...

Alibaba has ​pushed further into the global race for agentic artificial intelligence, with its ‌international commerce division launching...

India's market regulator on Monday approved tougher conflict-of-interest rules for its officials, asking that senior ​officials liquidate or...

The main UK indexes slumped on Monday and were on track to confirm a correction, as investors priced in the Bank of England hiking interest rates...

Gold fell ​more than 8% at one point on Monday, hitting a four-month low, after logging its biggest weekly loss ‌in about 43 years, as...

China's ​state-run refiner Sinopec does not intend to buy Iranian oil but is pushing for permission ‌to tap state reserves, a senior...

The Indian rupee fell to ​a record low on Monday as Indian assets dropped on worries that the Middle ‌East conflict could keep energy supplies...

The pound slid against the dollar on Monday as investors flocked to the U.S. currency amid a selloff in global stocks, even while bond yields...

European shares fell to a four-month low on Monday and ‌were set to confirm a correction as a spike in crude prices raised expectations of...

The dollar rose on Monday as escalating retaliatory threats in the Middle East conflict sent ​stocks tumbling and lifted demand for...

Southeast Asia's biggest ‌ride-hailing and delivery firm, Grab  said on Monday it would pay $600 million in cash for Delivery...

Indian sugar mills have returned to the export market, locking in 100,000 metric tons of shipments in a week after a slump in the rupee to a...

South Korean shares dropped more than 6% on Monday to close ​at their lowest level in two weeks, while the won weakened to a 17-year low, ‌as...

Insurer Ping An's, international arm is questioning further ​U.S. investments, its CEO said, ‌citing the country's...

Share markets slid in Asia on Monday while U.S. bond yields hit eight-month peaks as the United States and Iran traded escalating threats...

Wall Street ended sharply lower on Friday, with the S&P 500 closing at its lowest in six months, as the U.S.-Israeli war against...

CBS News will lay off about 6% of its ​workforce, a source familiar with the matter told Reuters, in the latest ‌move under new...

Unilever is in talks ​to sell its foods business to smaller rival McCormick & Company, potentially marking a major shift for the British...

FedEx shares surged about 7% in morning trading on Friday, after the package-delivery giant raised its full-year profit forecast and signaled...

Electric vehicle maker Xpeng said on Friday it ​aims to double overseas sales this year ‌to raise the contribution from international...

UBS has secured ‌a national banking licence in the United States, the Swiss lender said on Friday, underlining its desire to ramp up...

Ultra-low-cost carriers have some of the newest, most fuel-efficient planes in the industry, but if travel demand in the United States falters...

Super Micro shares sank 27% on Friday after U.S. prosecutors charged three people linked with the company, including its co-founder, with...

London's FTSE100 marginally fell on Friday, set for a third consecutive weekly decline, as the escalating ​Middle East war and surging oil...