Economic news

Rising fuel prices driven by the Iran ​war are boosting demand for new and used electric vehicles across Europe, industry data shared...

The U.S. government signed a $725 million conditional ​loan commitment on Thursday with Energy Fuels to ‌boost domestic processing of...

Architect Labs said on Thursday it had raised $24 million in seed funding to build a company that ​will use artificial intelligence to speed and...

U.S. supermarket-chain operator Kroger stuck to its ‌annual forecasts on Thursday but warned of rising inflationary pressure in the back...

UK's main stock indexes retreated on ‌Thursday, pressured by miners and financials, after the Bank of England held steady on interest...

The Bank of England kept interest rates on ​hold at 3.75% in June, as it has since the start of the U.S.-Iran war, judging it would be premature to...

Accenture unveiled $4.18 billion in cybersecurity acquisitions on Thursday to push deeper into the booming sector, as a ​weak sales forecast sent...

Global stocks were torn on Thursday between concern about the rising chances of a U.S. rate hike this ‌year after the Federal Reserve's...

The Indian rupee ended higher against the U.S. dollar for a fifth consecutive session on Thursday, logging ​its longest winning streak in a year,...

Taiwan's central bank ‌on Thursday raised its growth outlook for the year thanks to the AI boom, while keeping its policy interest rate...

Investors from Indian state-owned lenders to Singapore's sovereign wealth fund and Canada's national pension manager are set to ​reap a...

Britain is "strongly minded" to nationalise British ​Steel, the government said ‌in a statement on Thursday, weeks after it...

India's National Stock Exchange (NSE) has filed draft papers for a long-awaited listing, making it one of two mega...

DSC Holdings, a Chinese company that provides ​operating systems and transaction services for used car ‌dealers, aims to raise up to $62...

China is expected to keep benchmark lending rates unchanged for a 13th consecutive month in June, a Reuters survey showed, as a ​K-shaped...

The pound rose slightly on Thursday, recovering from a sharp drop to a two-month low the day before, after British ​employment data came in...

British wages grew faster than expected in the three months to April and unemployment ‌fell, according to official data which paint a somewhat...

Oil prices ​fell by more than $2 per barrel on Thursday after the U.S. and Iran signed an interim agreement that ‌would end the Iran...

Gold climbed 1% on Thursday, recouping some losses from the previous session after Federal Reserve's hawkish signals, as a drop in oil prices...

The S&P 500 and Nasdaq closed down by more than 1% on Wednesday, as traders bet that the ​Federal Reserve's next move would be a rate hike...

China Resources New Energy has set the price for its Shenzhen initial public offering at 10.11 ​yuan per share to raise as much as 24.5 billion...

The U.S. dollar clung to ​a more than two-month high on Thursday after a hawkish hold triggered rate-hike bets despite ‌a U.S.-Iran deal,...

Allbirds changed its name to Smartbird on Wednesday and appointed former Amazon executive Nadia Carlsten ​as CEO, cementing the former...

Most Latin American stocks rose on Wednesday, ​rebounding from the previous session's losses, while regional currencies were mixed as investors...

Britain's BBC public service broadcaster will cut 550 jobs, including in its news ​and content divisions, it said on Wednesday, as part...

EigenQ will go public through a merger with blank-check company Silicon Valley ​Acquisition in a deal valuing the quantum tech firm at...

France's economy is set for modest growth in ‌2026 as an oil price spike squeezes consumers, only partially offset by a rebound in...

The pound largely shrugged off softer-than-expected British inflation data on Wednesday as traders waited for the following day's labour market...

 CarMax topped revenue estimates for the first quarter on Wednesday, helped ​by higher used-vehicle prices and stronger ‌wholesale...

China took fresh steps ‌on Wednesday to fund tech innovation amid an intensifying rivalry with the U.S., saying it would support listings of...

British inflation held at 2.8% in May, unchanged ‌from April's 13-month low and below forecasts from both economists and the Bank of...

The Indian rupee ended broadly unchanged against the U.S. dollar on Wednesday, coming down from a six-week high ​and giving up almost all of the...

UK stocks edged lower on Wednesday, ​with consumer staples and energy shares weighing, as ​investors assessed steady inflation ahead of the Bank of...

China's State Council, the cabinet, issued ​the country's next five-year ‌plan for implementing the "employment-first...

Barclays raised its year-end target for the STOXX 600 index to 670 from 620 on Wednesday and ​dropped its bearish view on regional stocks,...

British house prices rose by 3.8% ​in the year ‌to April, after showing no growth in the ​year to ​March, the Office for National ⁠Statistics...

The founder and executive chairman of the ​world's largest container ‌shipping company MSC, Gianluigi Aponte, is looking to acquire ​a...

Gold prices held ‌steady near a one-week high on Wednesday, as details from a U.S.-Iran agreement emerged and investors awaited Federal...

China announced fresh measures on Wednesday to promote the global ​use of the yuan and unveiled plans to better manage domestic money market...

Oil prices fell slightly on Wednesday as investors gauged the impact of a U.S.-Iran peace deal, ​while uncertainty over full resumption of shipping...

The governor of the Bank of Korea on Wednesday vowed to adjust policy to curb inflation, as the ​central bank said price pressures were expected to...

The dollar eased slightly on Wednesday ahead of ​the Federal Reserve's first policy decision under chair Kevin Warsh, with lingering optimism...