Economic news

Chinese artificial intelligence startup DeepSeek is in talks with ​investors to raise at least $300 million at ‌a valuation of $10 billion,...

State Street reported a rise in first-quarter profit on Friday, as market volatility lifted the ​custody bank's client activity and fee...

The United States and the Philippines will build a 4,000-acre (1,620-hectare) industrial hub after Manila joined a Washington-led initiative to...

European Union ​exports to the United States dropped by more than a quarter for a second consecutive month in February, but may be exaggerating the...

U.S. equity funds attracted strong demand in the week through April 15 as expectations of an early resolution to ​the Iran conflict and resilient...

Bouygues, Iliad-Free and Orange raised their bid ‌for French telecoms operators SFR to 20.35 billion euros ($23.97 billion) on Friday, in...

Shares of Wipro fell 3% on Friday, wiping out $670 million in market capitalisation a day after a tepid ​first-quarter revenue forecast...

The British pound steadied on Friday, having returned to levels seen before the onset of the Iran war, with traders overlooking...

UK's benchmark stock index ‌FTSE 100 dipped slightly on Friday, weighed down by utilities and mining stocks, and was set to snap a...

Gold held largely steady on Friday and was on track for ‌a fourth straight weekly gain, as hopes for a U.S.-Iran peace deal eased fears of...

The U.S. dollar headed for a second consecutive weekly decline on ​Friday, while the euro and British pound steadied around pre‑war levels, as...

Apple's iPhone shipments surged 20% in China in the first quarter, ​for the strongest growth among major vendors, despite an overall...

China is expected to leave benchmark lending rates unchanged for an 11th consecutive month in April, a Reuters survey showed, as robust...

Budapest-listed Premier Energy ​has agreed to buy Evryo ‌Group's power distribution network from Australia's Macquarie for...

Gold demand in India was modest this ‌week, as high domestic prices weighed on retail purchases ahead of the key Akshaya Tritiya festival...

Asian stocks headed for a second week of strong gains on Friday while oil prices were pinned below $100 a barrel ​with investors dialling back risk...

Dutch technology investor ‌Prosus on Friday said it has agreed to ​sell a 4.5% stake ​in Germany's Delivery Hero ⁠to...

Sneaker company Allbirds' pivot to AI computing has revived a Wall Street trend in recent years: smaller companies leaning into...

Malaysia's economy grew 5.3% in the first quarter from a year earlier, official advance estimates showed on Friday, ​moderating from its pace...

South Korea's capital markets are luring back foreign buyers after a brutal March, as ​hopes of stability in the Middle East, a red-hot AI...

The benchmark S&P 500 and the tech-heavy Nasdaq rose modestly to record closing ​highs for a second straight day on Thursday on optimism that...

U.S. crude cargo prices have retreated from recent price spikes ​while prices in Europe and Asia continued to hit record highs almost seven weeks...

Indian banks have halted gold and silver ​import orders from overseas suppliers, with tons of the metals stuck at customs as a formal government...

Spirit Airlines' bankruptcy exit plan is under renewed pressure after a ​sharp rise in jet fuel prices undermined key assumptions behind its...

JPMorgan Chase, Barclays and other Wall Street ​banks have started trading credit default ‌swaps linked to flagship private credit funds...

Kering's biggest ‌brand Gucci must rebuild its position in China after years of complacency when it treated the market as a place for easy...

Meta Platforms said on Thursday it would increase the prices of its virtual reality headsets from April 19 in the United ​States due to rising...

BNY reported a rise in ​first-quarter profit on Thursday, as the world's largest custodian bank was helped ‌by strong fee income and...

PepsiCo's price cuts for salty snacks in the U.S. ​and resilient demand for diet sodas helped it top Wall Street estimates, providing a...

U.S. factory production unexpectedly fell in March after two straight months of solid gains, weighed down by decreases in the output of motor...

New applications for U.S. unemployment benefits fell last week, suggesting labor market conditions remained stable, though employers are cautious...

Hedge funds are on track for their best monthly performance in more than a decade, after overcoming a market downturn in March ​triggered by the...

The European Central Bank entered the current inflation ​shock in a strong position ‌as the bloc managed to resolve many of its economic and...

The European Commission has proposed that Google allow third-party ​search engines to access its search data, including that of artificial...

Japan should gradually raise interest rates and keep any fiscal stimulus targeted given ​robust domestic demand and steady wage gains, a...

Asia is more vulnerable to an energy shock ‌than other regions because of its heavy reliance on Middle East fuel, an International Monetary...

European blue-chip ​companies are set to deliver meagre profit growth in the ‌first quarter, the latest forecasts showed on Thursday, though...

U.S. Bancorp reported a 13.6% jump in first-quarter profit on Thursday, driven by higher interest income and fee revenue. Loan growth...

Britain's economy put on a burst of growth in February, suggesting it was in slightly better shape before the start of the Iran war than many...

April 16 (Reuters) - UK's main stock ‌indexes edged higher on Thursday, supported by strength in materials and financials, as hopes grew...

German banks and national authorities are examining risks around Anthropic's new artificial intelligence model, an official said on ​Thursday,...

The U.S. dollar rose slightly on Thursday, but remained ‌near its lowest level since early March, as markets waited hopefully for further news...