Economic news

Activity in the vast U.S. services ​sector accelerated in July, aided in part by spending around the FIFA World Cup and the Independence ‌Day...

Sales of new U.S. single-family homes snapped a two-month skid in June, but higher mortgage rates and affordability ‌challenges restrained the...

Intel's shares rose 6% in premarket trading on Friday after bullish forecasts signaled the AI boom was propelling the chipmaker's...

The U.S. National Highway Traffic Safety Administration has denied a petition seeking ​a defect investigation into the emergency mechanical door...

The Brazilian ​government decided to extend a subsidy for ‌gasoline of 0.44 real per liter, the Finance Ministry said in a statement on...

Euro zone companies are struggling to raise prices for consumers already struggling with a rise in fuel costs, with fierce competition from China...

Euro zone inflation expectations remained broadly unchanged over the past three months and ​price growth is seen falling quickly next year...

Germany's private sector has returned to growth in July for the first time in four months, driven by a marked upturn ​in manufacturing output,...

France's private sector contraction eased in July, with services output slowing only marginally, although inflation, borrowing costs and...

Sabadell expects lending income and profitability to rise in ​2026 and 2027 after reporting lower second-quarter lending income on Friday as...

China is banning the export of dual-use items to 14 additional European Union entities ​with immediate effect, the Commerce Ministry said on...

Volkswagen no longer expects revenue to grow this year, after ​the German carmaker dropped its previous forecast on Friday, setting the stage for a...

British businesses expect to increase prices and wages by ​a bit less in the ‌year ahead after a ceasefire in the Iran war briefly pushed down...

British firms reported their first growth in three months in July, helped by a brief respite in the Iran war, and were the most upbeat since the...

British retail sales ​rose unexpectedly in June as shoppers increased their spending on air conditioning and clothing, official data showed on...

Indian banks and insurers will launch a common customer identification system in August, with asset managers joining ‌later, two regulatory...

Reckitt Benckiser on Friday agreed to sell its Russian hygiene ​business to local consumer goods manufacturer Arnest ‌Management, as the...

India's gold discounts widened to their highest level in seven ‌weeks as demand remained subdued after a price rebound earlier in the week...

Oil futures prices retreated on ​Friday but are still set for hefty weekly gains because of concerns about disrupted energy flows in the Red...

Asian shares sank on Friday as a near 40% rise in oil prices this ​month due to the intensifying conflict in the Gulf revived inflation fears,...

The dollar was underpinned by higher U.S. Treasury yields on Friday and hovered near a 40-year peak ​against the yen, as a spike in oil prices and...

Wall Street indexes closed lower on Thursday with Nasdaq sinking more than 2% as the latest earnings ​updates from large technology companies...

South Africa's central bank surprised investors and economists by keeping ​its main lending rate unchanged on Thursday, saying its policy was...

Alphabet's first cash burn on record has jolted investors awaiting more Big Tech results next week as soaring AI spending ​strains one of...

Boeing ​edged Airbus in a subdued series of order announcements at the Farnborough Airshow this week, as the global aerospace industry...

Renault Group sales rebounded ‌in the second quarter as strong demand for its Renault 5 electric vehicle helped the French automaker...

Cryptocurrency exchange BitMEX, whose founders were pardoned by U.S. President Donald Trump last year, said on Thursday it will shut down...

Mexico's economy contracted in ​May from April, official ‌data showed on Thursday, fueling caution about the country's situation ​as...

Harley-Davidson reported lower second-quarter profit and revenue but raised its annual forecast on Thursday, as the ​legacy motorbike maker...

Short sellers targeting SpaceX shares are sitting on an estimated $15.5 billion in paper profit since the rockets-to-AI firm's mid-June...

The European Central Bank kept borrowing costs on hold on Thursday but left room ​for more tightening in the coming months as ‌a widening...

The pound held steady and was ​set for its first monthly rise against the dollar since April on Thursday, while ‌investors weighed a jump in...

European semiconductor stocks moved sharply on Thursday after earnings updates, with Soitec surging on strong photonics demand linked to artificial...

Britain's FTSE 100 was little changed on Thursday as weakness in precious metal miners offset gains in energy shares after ​higher oil prices,...

July 23 (Reuters) - Shares of Dr Reddy's Laboratories fell as much as 6.9% on Thursday after many brokerages cut their earnings forecasts...

British manufacturing orders continued to deteriorate in July at the joint-fastest ​rate since September 2020, during the ‌COVID-19 pandemic,...

Gold retreated on Thursday, as the intensifying Middle East ‌conflict drove up oil prices and supported investor concerns that inflationary...

The ​dollar edged lower against the euro ahead of the European Central Bank's policy meeting on Thursday and reached a fresh ‌40-year high...

Chipmaker CXMT's high-profile debut next week will mark a major milestone for China's state-led funding model, highlighting how government...

French business confidence ​rose to a four-month high in July despite a new flare-up ‌in the U.S.-Israeli war on Iran and record heatwaves at...

Indian multiplex operator PVR INOX on Thursday posted a first-quarter profit, helped by strong demand for films across ​languages, higher...

Asian wealthy families and fund managers are increasingly moving beyond sponsorships and charity-linked sporting events to invest directly in...