Economic news


FTSE 100 Eases as Imperial Brands Drops on Job Cut Report

FTSE 100 Eases as Imperial Brands Drops on Job Cut Report

London's stock indexes eased on Monday, taking a breather after last week's ‌gains, with shares of Imperial Brands dropping on a report of planned job cuts and as investors awaited economic data later in the week. The blue-chip FTSE 100 closed down 0.4% at 10,862.50 po...


August 10, 2026
Vodafone Idea Narrows Quarterly Loss on Higher ARPU
Vodafone Idea Narrows Quarterly Loss on Higher ARPU

Vodafone Idea, India's third-largest telecom operator, reported a narrower first-quarter loss on Monday, driven by higher average revenue per...

UK's Jobs Market Shows Signs of Stabilisation, REC/KPMG Say
UK's Jobs Market Shows Signs of Stabilisation, REC/KPMG Say

Britain's labour market showed tentative signs of stabilisation in July, when Andy Burnham ​became prime minister, as recruiters stopped...

GameStop Weighing Withdrawal of eBay Bid, Bloomberg News
GameStop Weighing Withdrawal of eBay Bid, Bloomberg News

GameStop CEO Ryan Cohen is considering withdrawing the videogame retailer's $56 billion bid for eBay and may instead pursue a...

Meta Launches New AI Model as Zuckerberg Backs Open-Weight
Meta Launches New AI Model as Zuckerberg Backs Open-Weight

Meta Platforms CEO Mark Zuckerberg called for lower U.S. barriers for open-source AI to better compete with Chinese rivals as the social media...

Zee's Quarterly Profit Drops on Weak Ads, High Costs
Zee's Quarterly Profit Drops on Weak Ads, High Costs

India's Zee Entertainment Enterprises reported a 46.9% fall in quarterly profit on Monday, hurt by weak advertising revenue and ​higher...

Sterling Little Changed near over Three-Week High
Sterling Little Changed near over Three-Week High

The British pound was little changed against both ‌the dollar and euro on Monday as markets awaited growth data later in the week and updates...

Plus500 Core Profit Rises as US Business Gains Traction
Plus500 Core Profit Rises as US Business Gains Traction

Trading platform Plus500 reported a rise in half-year core profit on Monday, aided by higher trading ​activity as the company expanded its...

European Stocks Steady as Investors Weigh Hormuz Risks
European Stocks Steady as Investors Weigh Hormuz Risks

Aug 10 (Reuters) - European ​shares were little changed on Monday as uncertainty over ‌the reopening of the Strait of Hormuz kept oil prices...

German Trade Deficit with China Grows as EU Imports Shift
German Trade Deficit with China Grows as EU Imports Shift

Germany's trade deficit with China widened in the first half of 2026, even as the Asian powerhouse remained its top trade partner, preliminary...

Gold Steadies after Scaling Seven-Week Peak, US Data Looms
Gold Steadies after Scaling Seven-Week Peak, US Data Looms

Gold held steady on Monday after prices hit a seven-week ‌high in the previous session, while markets looked to U.S. inflation data for fresh...

German Commercial Property Prices Dip After Fragile Recovery
German Commercial Property Prices Dip After Fragile Recovery

Commercial real estate prices in Germany declined in the second quarter, the VDP banking association ​said on Monday, reversing a fragile recovery...

Extreme EU Heat Could Wipe Out 2026 Growth, Triodos Says
Extreme EU Heat Could Wipe Out 2026 Growth, Triodos Says

The extreme heat and drought affecting large parts of Europe this summer could erase ​much of the economic growth expected across ‌the region,...

Asia Stocks Firm; Oil Edges Up on Gulf Morass
Asia Stocks Firm; Oil Edges Up on Gulf Morass

Asian share markets tracked Wall Street higher on Monday after a soft U.S. jobs report pared the ​risk of a near-term rise in...

Dollar Rises from 2-Month Low as Oil Gains, Inflation Eyed
Dollar Rises from 2-Month Low as Oil Gains, Inflation Eyed

The U.S. dollar inched higher from a two-month low against major ​currencies on Monday, as oil prices climbed due to a muddled Middle East outlook...

S&P Hits Record High as Weak Jobs Data Eases Rate Fears
S&P Hits Record High as Weak Jobs Data Eases Rate Fears

U.S. stocks advanced on Friday, with the S&P closing at a ​record high to cap off a strong week of gains for the major indexes, after data...

August 7, 2026
Under Armour Expects Bigger Sales Drop on Weak US Demand
Under Armour Expects Bigger Sales Drop on Weak US Demand

Under Armour on Friday forecast a bigger drop in annual revenue, underscoring the challenge of reviving growth as cautious consumers in ​North...

Ola Electic Posts Narrower Q1 Loss on Higher EV Sales
Ola Electic Posts Narrower Q1 Loss on Higher EV Sales

India's Ola Electric on Friday reported a narrower first-quarter loss, helped by higher electric ​two-wheeler sales and lower operating...

Yen Surges on US Jobs; Traders Wary of Intervention
Yen Surges on US Jobs; Traders Wary of Intervention

The yen jumped suddenly against the dollar again on Friday after a surprisingly weak U.S. employment report, with traders alert to the...

Inpex Raises Full-Year Outlook on High Oil and LNG
Inpex Raises Full-Year Outlook on High Oil and LNG

Japanese oil and gas explorer Inpex Corp raised its full-year profit forecast by ​up to 46% to a record 510 billion ‌yen ($3.22 billion)...

Dream Finders to Buy Beazer Homes in $2.2-Billion Deal
Dream Finders to Buy Beazer Homes in $2.2-Billion Deal

Dream Finders Homes said on Friday it would acquire peer Beazer Homes in ​an all-cash deal worth about $2.2 billion, including debt,...

India's Titan Posts Profit Surge on Strong Jewellery Demand
India's Titan Posts Profit Surge on Strong Jewellery Demand

India's Titan reported a 63% jump in quarterly profit on Friday, as demand for jewellery stayed strong ​and store footfalls climbed while...

Ola Electric Posts Narrower Q1 Loss on Higher EV Sales
Ola Electric Posts Narrower Q1 Loss on Higher EV Sales

India's Ola Electric on Friday reported a narrower first-quarter loss, helped by higher electric ​two-wheeler sales and lower operating...

Oil Drops as Market Weighs Iran-Gulf Hormuz Deal
Oil Drops as Market Weighs Iran-Gulf Hormuz Deal

Oil prices edged lower on Friday as investors weighed ​signals that Gulf states and Iran were closing in on a deal to reopen the Strait of...

UK Stock Indexes Set for Fourth Week of Gains, Miners Rally
UK Stock Indexes Set for Fourth Week of Gains, Miners Rally

The main UK indexes were on track for a fourth consecutive week of gains on Friday, as a rally in precious metal miners helped offset worries about...

China Gold Reserves See Biggest Jump Since Oct 2023
China Gold Reserves See Biggest Jump Since Oct 2023

China's central bank stepped up its gold purchases for a fifth straight month in ​July, adding the most bullion to its reserves ‌since...

Taiwan July Exports Miss Forecasts, but AI Demand Holds
Taiwan July Exports Miss Forecasts, but AI Demand Holds

Taiwan's exports rose less than expected in July, continuing to ride the wave ​of AI demand while contending with the undercurrents ‌of...

Gold Set for Best Week since January as Inflation Fears Ebb
Gold Set for Best Week since January as Inflation Fears Ebb

Gold gained more than 1% ‌on Friday and was on track for its biggest weekly rise since January, as expectations of U.S. rate hikes receded and...

Korean Retail Traders Return to Wall Street After KOSPI Rout
Korean Retail Traders Return to Wall Street After KOSPI Rout

South Korea's stock market rout is unravelling a government-backed effort to lure retail 'ant' investors home, ​driving the biggest...

SBI Beats Quarterly Profit View on Healthy Loan Growth
SBI Beats Quarterly Profit View on Healthy Loan Growth

State Bank of India ‌posted a larger-than-expected quarterly profit on Friday, helped by healthy loan growth, pushing shares as high as...

Stocks, Dollar Stall Ahead of US Jobs; Oil Gains
Stocks, Dollar Stall Ahead of US Jobs; Oil Gains

Global stocks headed for their strongest weekly gain since May on Friday, ahead of major ​U.S. jobs data, as investor optimism over robust earnings...

VW Families Urge Swift Action on Restructuring
VW Families Urge Swift Action on Restructuring

Volkswagen's controlling ​families dialled up the pressure on the German auto group's stakeholders on Friday, backing management's push...

AI Demand Keeps China's Export Engine Humming,  Risks Loom
AI Demand Keeps China's Export Engine Humming, Risks Loom

China's exports beat expectations in July, remaining a key driver of economic growth as the global AI infrastructure boom fuelled demand for...

Philippine Economy Posts Slowest Growth in 5 Years in Q2
Philippine Economy Posts Slowest Growth in 5 Years in Q2

The Philippine economy grew at its weakest annual pace since ‌2021 in the second quarter due to a slump in construction and softer domestic...

Japan June Spending Drops on Weather, Iran Tensions
Japan June Spending Drops on Weather, Iran Tensions

Japanese household spending fell unexpectedly in June, government data showed on Friday, as ​weather-related factors weighed on outlays, while...

Japan's April Yen Intervention Hits Daily Record
Japan's April Yen Intervention Hits Daily Record

Japanese authorities conducted a record single-day yen-buying intervention in ‌foreign exchange markets in April, selling $40 billion of the...

August 6, 2026
US Labor Market Stable as Q2 Productivity Surges
US Labor Market Stable as Q2 Productivity Surges

The number of Americans filing claims for unemployment benefits increased slightly last week, while layoffs dropped to a two-year low in July,...

RWE Pays $1.22B to Exit US Wind Leases for Gas Shift
RWE Pays $1.22B to Exit US Wind Leases for Gas Shift

German energy company RWE said on Thursday that it had reached a $1.22 billion deal with the Trump administration to cancel three...

HK Insurers Drop as Beijing Taxes Offshore Income
HK Insurers Drop as Beijing Taxes Offshore Income

China's mainland tax authorities have begun ​levying taxes on insurance policy income earned offshore, according to four people with direct...

Burger King US Strength Lifts Restaurant Brands Sales
Burger King US Strength Lifts Restaurant Brands Sales

Restaurant Brands International beat overall same-store sales growth expectations for the second quarter, helped by resilient demand at its...

India's LIC Posts Profit Rise as Margins Expand
India's LIC Posts Profit Rise as Margins Expand

Life Insurance Corporation of India reported a 23% increase in first-quarter profit on Thursday, helped by strong group business and margin...

China's Unitree Prices IPO at $9 Billion Valuation
China's Unitree Prices IPO at $9 Billion Valuation

China's Unitree has priced its Shanghai initial public ‌offering at 150.8 yuan ($22.34) per share, valuing the company at around 61...

S.Korea says Chance of 3% Economic Growth has Risen Sharply
S.Korea says Chance of 3% Economic Growth has Risen Sharply

China's mainland tax authorities have begun ​levying taxes on insurance policy income earned offshore, according to four people with direct...


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