Economic news

U.S. hyperscalers are starting to show returns on their artificial intelligence investments, but the rising cost of the ​buildout is taking a bite...

Elevator maker Otis Worldwide on Wednesday cut its annual adjusted profit forecast on the back of increased costs, especially tied ​to labor,...

Porsche's supervisory board gave its blessing to the next round of restructuring measures on Wednesday, a company spokesperson said, ​with...

India's Eternal expects its grocery delivery unit Blinkit's profitability to hit the higher end of its previous forecast ​range, the...

Samsung Electronics on Wednesday ​unveiled a passport-sized foldable phone and raised prices of two updated foldable models, ‌as it grapples...

U.S. warehousing giant ​Prologis on Wednesday made what it called its best and final proposal to buy British ‌rival Segro for about...

Intel's results on Thursday will show whether the American chip icon has the numbers to back a Wall Street rally that has sent its shares...

The Indian rupee fell to a two-month low on Wednesday as oil prices climbed on mounting ​fears of supply disruptions through key Middle East...

London's FTSE 100 edged up on Wednesday, supported by gains in precious metal ​miners and energy shares, while investors monitored escalating...

Early indicators of hiring demand are showing signs of improvement, Randstad executives said on Wednesday, suggesting ​a labour-market downturn...

British inflation cooled by more than expected last month as a brief de-escalation in the Iran ‌war reduced fuel prices, but the...

Indonesia's central bank kept policy rates ​unchanged on Wednesday, defying market expectations of another rate hike following back-to-back...

India's edible oil imports are set to climb between July and October as slower soybean and rapeseed crushing erodes domestic supplies, ahead of...

Spain's Santander ‌on Wednesday reaffirmed its mid-term and 2026 goals after second-quarter net profit rose due to a solid...

China's fiscal revenue rose 4.7% in the first half of 2026 from a year earlier, ​the finance ministry said on Wednesday, an acceleration from...

Chinese ​optical parts maker Zhongji Innolight is seeking to raise up to HK$55.05 billion ($7 billion) in a Hong Kong listing, in what would...

Indonesia's central bank kept policy rates unchanged on ​Wednesday, defying market expectations of ‌another rate hike following...

Oil prices extended gains to trade near six-week highs on Wednesday as fears of further supply disruptions intensified after U.S. forces struck...

Stocks made lumpy gains on ​Wednesday as the boost from a strong Wall Street session was capped by caution ahead of earnings reports from Big...

Private equity firms seeking to buy European insurers must show they ​can support policyholders for the long term rather than pursuing a quick...

The yen was pinned near an almost four-decade low on Wednesday as rising oil prices and U.S. Treasury ​yields hoisted the dollar and left traders...

Gold rose to a two-week high ‌on Wednesday on technical buying as investors assessed the widening Middle East conflict and awaited the U.S....

Wall Street's main indexes closed ​higher on Tuesday, with the Nasdaq leading gains as a steep rally in semiconductor shares helped shift the...

Government debt across developed economies is set to climb to a record $75.8 trillion by the end of 2026 as countries struggle with persistent...

Mexico's Grupo Financiero Banorte reported a 6% rise in second-quarter net ​profit on Tuesday, slightly above estimates, boosted by...

Mining and transportation conglomerate Grupo Mexico said on Tuesday its second-quarter net profit rose nearly 79% from the same period a year...

Oil prices climbed about 2% on Tuesday to a five-week ‌high, on worries that energy supply disruptions could worsen in the Middle East due to...

Novartis beat second-quarter profit forecasts and kept its 2026 outlook unchanged on Tuesday, ‌saying one-off benefits that helped the...

India's oil imports from Russia and Latin America surged in the April to June quarter while those from the Middle East fell due to restricted...

The surprise decision by Britain's new Prime Minister Andy Burnham to make John Healey his finance minister is adding to...

Sterling dipped while UK gilt yields reached fresh two-month highs on ​Tuesday as investors weighed the prospect of higher government spending and...

U.S. exchanges will this week start reporting results, which will see a boost from volatility-driven trading volumes, but analysts are likely to...

Crude oil exports from Saudi Arabia fell for a third straight month in May to a record low, data ​from the Joint Organizations Data Initiative...

China's Zhongji Innolight, a maker ‌of optical transceivers, will launch a Hong Kong listing on Wednesday to raise at least $8 billion,...

Swiss watchmaker Swatch Group reported improved first-half sales on Tuesday but missed ‌profit forecasts as the owner of the Omega,...

Global stocks rose on Tuesday as oil prices retreated from a one-month high on mediation ​efforts in the Middle East, and...

Gold gained more than 1% on Tuesday as ​investors weighed reports of fresh mediation efforts in the Middle East, ‌which could weigh on energy...

SBI Funds Management ended 6.2% higher in its stock market ‌debut on Tuesday, valuing the firm at nearly $13 billion, as investors bet on...

Britain's FTSE 100 edged higher on Tuesday as reports of U.S.-Iran mediation efforts pushed oil prices lower, while investors assessed a fresh...

TVS Motor, India's third-largest two-wheeler maker, reported a 51.4% jump in quarterly ​profit on Tuesday as robust demand for higher-margin...

India's efforts to curtail equity derivatives trading have prompted some of the ​country's mom-and-pop investors to shift into leveraged...

Julius Baer said on Tuesday net new money for the first six months of the year reached 5.7 billion Swiss francs ($7.04 billion), beating...