Economic news

British housebuilder stocks surged on Monday ‌after the government confirmed plans for a new first-time buyer support scheme in next...

The Intercontinental Exchange announced the launch of new JKM LNG (Platts) options, LNG Balmo ​freight futures, and UK base electricity...

Sept 28 (Reuters) - US online sales will likely grow 6.7% this holiday season, nearly the same ​pace as last year, as promotions attract...

The Reserve Bank of India is expected to raise interest rates by 25 basis points to 5.50% in October, the first increase since 2023, with ​one more...

India's industrial output grew at a stronger-than-expected pace of 8% in August, ​government data showed on Monday, boosted by a...

Airbus and Italy's Leonardo are investigating a glitch at a privately held coatings firm ‌that triggered a quality alert...

The pound rebounded from multi-month lows ​against both the dollar and the euro on Monday as investors priced in tighter monetary policy ‌from...

Nvidia on Monday made available a set of software safety tools for AI agents that it says would have stopped the hack ​of Hugging Face, the AI...

European shares climbed on Monday, supported by a rally in British housebuilders, although gains were ‌capped by a rebound in oil prices and...

Global stocks fell on Monday, as oil jumped on the stalemate in US-Iranian talks, ahead of a week already ​packed with macroeconomic risk,...

Oracle's move to protect itself against potential delays at a massive data center ​project developed by Blue Owl in New Mexico sent a...

Wall Street ended higher on Friday, lifted by Microsoft ​and other AI-related technology stocks, while high oil prices and a recent surge in US...

Akamai Technologies signed an $11.6 billion cloud services deal with Anthropic on ​Thursday, and issued a warrant that could give the AI lab...

China's industrial profit growth slowed further in August as strength in technology ​manufacturing amid the AI boom was outweighed by...

Fraudsters using AI to impersonate senior executives stole €95 million ($108 million) from Fideuram, the private banking arm of Italy's...

US consumer sentiment slipped to a four-month low in September amid worries that rising inflation would ​erode households' purchasing power, a...

Data center operator DayOne is pushing ahead with its plans to go public as soon as November, according to three people familiar with ​the matter,...

Lumen Technologies said on Friday it plans to transfer the listing of its common ​stock and two Qwest Corp notes ‌to Nasdaq from the New...

German auto group Volkswagen will recall around 4 million vehicles across ​four brands in the biggest such ‌action since the Dieselgate...

Microsoft on Friday unveiled several new capabilities in its Copilot app, including a coding tool and an always-on ​AI agent, as the software giant...

Germany's lower house of parliament approved on Friday the ​second temporary gasoline tax discount this year, ‌which will cost...

ADARx Pharmaceuticals said on Thursday it had raised $446.3 million in an upsized US initial public offering, reflecting ​growing investor...

Gold prices rose on Friday but ‌was on track for a weekly loss, as rising US Treasury yields and growing expectations of Federal Reserve rate...

Oil prices fell more than 1% on Friday ​as markets weighed the possibility of a truce between the US and Iran against concerns that...

The main UK stock benchmarks ​rose on Friday and were set for weekly gains, as a ‌retreat in crude oil prices helped lift risk appetite, with...

The US Federal Reserve is working on a plan to raise the asset thresholds that trigger stricter oversight of big banks, four ​people with knowledge...

Indian student housing operator Elevate Campuses' 21-billion-rupee ($219.14 million) initial public offering was fully subscribed on final...

The dollar slipped on Friday but was on track for its ‌second consecutive weekly gain on rising rate hike bets, while the yen climbed after...

Global stocks headed for their best weekly performance since early August on Friday, as AI euphoria and the prospect of ​an improvement in Middle...

 Lending growth to euro zone businesses slowed ​slightly from relatively high ‌levels in August and held steady in the case ​of household...

The pound held steady on Friday at around its lowest in just under three months against the euro and dollar, with the US currency ​set for a second...

Tesla is beginning deliveries of its Semi trucks to a first set of customers this week, executives said ​at its plant in Sparks, Nevada,...

German consumer sentiment weakened more sharply than expected heading into October, as rising energy prices soured households' income outlook,...

When Zhu Zhili was looking for a base to set up an artificial intelligence film studio in China two years ago, there was just one clear choice: the...

The S&P 500 ended marginally ​down on Thursday, with Microsoft dipping and Meta Platforms rising, as uncertainty about the Middle East lifted...

The tide of Japanese money returning home has begun, but a much larger repatriation of overseas assets is being held back by uncertainty over...

British consumer confidence unexpectedly struck a more than two-year high this month as households ​grew more optimistic about their personal...

Two senior Bank of England interest rate-setters suggested on Thursday that they were getting closer to voting for ‌an increase in borrowing...

Isabel Schnabel's decision to leave the European Central Bank early for the International Monetary Fund closes a seven-year effort to reconcile...

Germany's leading economic institutes raised their ‌growth forecasts for this year and next, while business morale rose more...

Italian state lender CDP is in talks with ‌Gulf investors including Abu Dhabi's sovereign wealth fund Mubadala to sell between 15% and 35%...

A 90% Common Equity Tier 1 backing for UBS's foreign units is ​a "good amount", SNB Vice Chairman Antoine Martin ‌said on...