Economic news

At least 150 flights operated by India's biggest airline IndiGo were cancelled and dozens of others delayed on Wednesday, airport sources...

Central Europe's main currencies may be close to a ceiling after hitting fresh multi-month highs in the past month, a Reuters poll of economic...

 U.S. private payrolls unexpectedly declined in November as small businesses shed jobs, but the weakness is probably not a true reflection of...

Netherlands-based data centre operator Nebius will leverage recent multi-billion dollar contracts...

Hedge funds are using near-record levels of leverage to trade equities and betting on debt-backed strategies in efforts to juice returns, making...

U.S. import prices were unexpectedly unchanged in September as high costs for consumer goods, excluding motor vehicles, were offset by cheaper...

The European Central Bank has urged Italy to reconsider a parliamentary amendment asserting that the national central bank's gold reserves...

Banks could give investors a clearer view on how they manage risks, such as those associated with changing interest rates, under a new model...

Germany's services sector grew for a third consecutive month in November, albeit at a slower pace than October's two-year-plus high, due to...

China is likely to stick to its current annual economic growth target of around 5% next year, government advisers and analysts said, a goal that...

Britain's Smiths Group said on Wednesday it had agreed to sell its Smiths Detection unit, known for its baggage-screening kit in airports...

Oil prices rose on Wednesday, reversing earlier losses, as investors believe Russia-Ukraine peace talks are unlikely to lead to the removal of...

A decade after it began working on a capital markets union, the EU is still struggling to agree a framework that encourages savers to put their...

Sentiment in Germany's automotive sector deteriorated once again in November as companies became more pessimistic in their business...

Binance, one of the world's largest cryptocurrency exchanges, named co-founder Yi He as its co-CEO on Wednesday, joining Richard Teng in a dual...

India's iron ore imports hit a six-year high this year as steel mills stepped up overseas purchases to overcome shortages of high-grade ore and...

The dollar was becalmed on Wednesday, though investors looking ahead to 2026 were starting to position for U.S. rate cuts to weigh on the greenback...

Global shares were on steadier footing on Wednesday, helped by an overnight rebound on Wall Street as a brief selloff in bond markets and...

U.S. stocks closed higher to record their sixth gain in seven sessions in muted trading on Tuesday, buoyed by gains in technology shares as...

The Australian Securities Exchange's technology turnaround plan, touted by the firm's chair as being too important to fail, is facing...

British store chains last month reported lower inflation in the run up to Black Friday sales but higher costs in 2026 mean retailers might struggle...

Leveraged exchange‑traded funds (ETFs) linked to bitcoin hoarder Strategy are among the biggest casualties of this year's crypto slump, as...

The UK's FTSE 100 ended flat on Tuesday as financial stocks rose after the Bank of England eased capital requirements for lenders in a bid to...

Oil prices eased on Tuesday as markets weighed faltering Russia-Ukraine peace hopes against fears of oversupply. Brent crude futures fell 25...

A group of 10 European banks, including ING, UniCredit and BNP Paribas, have formed a company to launch a euro-pegged stablecoin in the second...

Global shares rose on Tuesday and both cryptocurrencies and global government bonds stabilised after the previous day's selloff triggered by a...

Gold prices fell over 1% on Tuesday as investors took profits following a six-week high in the previous session, while they awaited key U.S....

The rand traded flat on Tuesday after South Africa's statistics agency reported softer economic growth in the third quarter compared to the...

The dollar regained ground against the yen, recovering from Monday's selloff, even as expectations for a December rate hike by the Bank of...

The pound fell against the euro on Tuesday after euro zone inflation cemented the view that the European Central Bank was done easing interest...

Most Gulf stock markets remained subdued on Tuesday, weighed down by lower oil prices, as investors awaited key U.S. economic data for clearer...

Britain's economy will grow faster than previously expected next year, the OECD said on Tuesday, citing the impact of finance minister Rachel...

Euro zone inflation unexpectedly ticked up last month, likely solidifying bets that no further European Central Bank rate cuts are coming anytime...

British house prices rose slightly faster than expected in November, defying concerns about the impact of finance minister Rachel Reeves'...

Thailand is planning a 267 billion baht ($8.3 billion) support package for small businesses, including soft loans and loan guarantees to boost...

U.S. stocks closed modestly lower on Monday, weighed down by a jump in Treasury yields and economic data that showed tariffs remained a drag on the...

China Vanke bonds plunged on Tuesday after the state-backed developer, a bellwether for the country's property sector, sought a one-year...

South Korea's consumer prices rose 2.4% in November from a year earlier, driven by higher food and services costs, bolstering the case for the...

JPMorgan doubled its Swiss domestic private banking business between 2020 and 2024 and aims to do so again by 2030 as it targets the...

South Africa's commodity-linked rand edged up on Monday, helped by higher gold prices despite a disappointing local manufacturing purchasing...

Thyssenkrupp Steel Europe said on Monday it had agreed with union IG Metall to cut or outsource about 11,000 jobs, or 40% of its workforce,...

Accenture will equip tens of thousands of its IT professionals with ChatGPT Enterprise through a partnership with OpenAI, as the consulting...