Economic news


US: GM Tech Costs to Drop $20B by 2031 on Emissions Rules

US: GM Tech Costs to Drop $20B by 2031 on Emissions Rules

General Motors will see its technology costs decline by $20.4 billion through 2031 as a result ​of drastically lower vehicle fuel economy rules finalized Monday, the ‌US Transportation Department said. In total, the Trump administration estimates automakers' technology costs wi...


September 29, 2026
Higher yields, oil prices test global stocks as rate fears
Higher yields, oil prices test global stocks as rate fears

Oil prices rose and ​bond yields were pinned at multi-year highs on Tuesday, leaving equities in a tricky spot, as investors braced for an...

ECB Eyes Currency Safety Nets to Boost Euro's Global Role
ECB Eyes Currency Safety Nets to Boost Euro's Global Role

The European Central Bank plans to expand currency safety nets to make it easier for ​foreign central banks to borrow euros, ECB President...

September 28, 2026
UK Shares Mixed as Miners, Yields Offset Homebuilder Rally
UK Shares Mixed as Miners, Yields Offset Homebuilder Rally

London's FTSE 100 inched lower on Monday as weaker metal prices and rising bond yields ​kept risk appetite in check, while a rally in...

Evonik Rejects BASF Offer as Too Low, Sources Say
Evonik Rejects BASF Offer as Too Low, Sources Say

German chemicals maker ​Evonik has rejected ‌a takeover offer of about €22.15 per ​share from ​larger peer BASF as ⁠too low,...

UK Long-Run Inflation Expectations near 15-mth High in Sept
UK Long-Run Inflation Expectations near 15-mth High in Sept

Long-term public inflation expectations in Britain came close to their highest level in more than a year in September, adding ​to pressure on the...

Shein Reports Sharp Drop in Europe Sales after Price Hikes
Shein Reports Sharp Drop in Europe Sales after Price Hikes

Fast-fashion platform Shein reported a sharp drop in sales in Europe in the second quarter after it hiked prices and cut online advertising in...

UK Housebuilder Shares Rally on Help for First-Time Buyers
UK Housebuilder Shares Rally on Help for First-Time Buyers

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

ICE Launches New LNG, Freight and UK Power Derivatives
ICE Launches New LNG, Freight and UK Power Derivatives

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

US Holiday Online Sales to Grow 6.7%, Adobe Forecasts
US Holiday Online Sales to Grow 6.7%, Adobe Forecasts

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

RBI to Raise Rates to 5.50% in Oct on Inflation: Poll
RBI to Raise Rates to 5.50% in Oct on Inflation: Poll

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 Aug Industrial Output Jumps 8% as Output Surges
India’s Aug Industrial Output Jumps 8% as Output Surges

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

Airbus Probes A321neo Flaw as Repair Plan Eases Disruption
Airbus Probes A321neo Flaw as Repair Plan Eases Disruption

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

Sterling Rebounds vs Dollar, Euro on Bets for Tighter BoE
Sterling Rebounds vs Dollar, Euro on Bets for Tighter BoE

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 AI Safety Tool Aims to Stop Hugging Face Hacks
Nvidia AI Safety Tool Aims to Stop Hugging Face Hacks

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 Rise as UK Homebuilder Rally Offsets Drag
European Shares Rise as UK Homebuilder Rally Offsets Drag

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

Stocks Fall as Middle East Stalemate Boosts Oil
Stocks Fall as Middle East Stalemate Boosts Oil

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-Blue Owl Delay Ripples Through AI Financing, Sources
Oracle-Blue Owl Delay Ripples Through AI Financing, Sources

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 Ends Higher on AI Demand; Microsoft Rallies
Wall Street Ends Higher on AI Demand; Microsoft Rallies

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 Signs $11.6B Anthropic Cloud Deal, Grants 5% Warrant
Akamai Signs $11.6B Anthropic Cloud Deal, Grants 5% Warrant

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 Industrial Profit Growth Slows as Imbalances Deepen
China Industrial Profit Growth Slows as Imbalances Deepen

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

September 25, 2026
AI Messaging Scam Costs Italy’s Intesa Millions, Sources
AI Messaging Scam Costs Italy’s Intesa Millions, Sources

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

US Consumer Sentiment Eases to Four-Month Low in September
US Consumer Sentiment Eases to Four-Month Low in September

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

Data Center IPO Hopefuls Face Market as Scrutiny Grows
Data Center IPO Hopefuls Face Market as Scrutiny Grows

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 to Move Stock Listing to Nasdaq
Lumen Technologies to Move Stock Listing to Nasdaq

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...

Volkswagen Recalls 4 Million Cars, Handelsblatt Reports
Volkswagen Recalls 4 Million Cars, Handelsblatt Reports

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

MS Revamps Copilot with Code Generation, Agentic AI Tools
MS Revamps Copilot with Code Generation, Agentic AI Tools

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...

German Lower House Approves Fuel Tax Discount
German Lower House Approves Fuel Tax Discount

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

ADARx Pharmaceuticals Raises $446.3 mln in Upsized US IPO
ADARx Pharmaceuticals Raises $446.3 mln in Upsized US IPO

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

Gold Rises, Yet Set for Weekly Loss as Fed Rate Bets Build
Gold Rises, Yet Set for Weekly Loss as Fed Rate Bets Build

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 Slides as US-Iran Truce Hopes Outweigh Houthi Attacks
Oil Slides as US-Iran Truce Hopes Outweigh Houthi Attacks

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

UK Shares Set for Weekly Gains as Oil Prices Retreat
UK Shares Set for Weekly Gains as Oil Prices Retreat

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...

US Fed Plans to Raise Bank Oversight Thresholds, Sources Say
US Fed Plans to Raise Bank Oversight Thresholds, Sources Say

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...

India’s Elevate Campuses $219M IPO Fully Subscribed
India’s Elevate Campuses $219M IPO Fully Subscribed

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

Dollar Slips, Set for Weekly Gain on Fed Bets; Yen Rallies
Dollar Slips, Set for Weekly Gain on Fed Bets; Yen Rallies

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...

Stocks Weather Bond Storm, Oil Retreats Slightly
Stocks Weather Bond Storm, Oil Retreats Slightly

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

Euro Zone Business Lending Slows Slightly
Euro Zone Business Lending Slows Slightly

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

Sterling Treads Water at 3-Month Low After Weekly Drop
Sterling Treads Water at 3-Month Low After Weekly Drop

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 Semi Electric Truck Deliveries
Tesla is Beginning Semi Electric Truck Deliveries

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 Confidence Slumps as Energy Costs Bite
German Consumer Confidence Slumps as Energy Costs Bite

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

China Fuels Rush to Turn AI Video into an Industry
China Fuels Rush to Turn AI Video into an Industry

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...

S&P 500 Ends Marginally Lower as Focus Turns to US-Iran War
S&P 500 Ends Marginally Lower as Focus Turns to US-Iran War

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

Japan's Bond 'Falling Knife' Stalls Repatriation Rush
Japan's Bond 'Falling Knife' Stalls Repatriation Rush

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


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