Economic news

Gold ‌prices dropped nearly 2% on Tuesday, as the U.S. dollar strengthened to a one-year high on market expectations of a more hawkish Federal...

Britain's vote to leave the European Union in 2016 has acted as a persistent drag on its economy, compounding some of the deep-seated...

Germany's private sector activity contracted at its fastest pace in 18 months in June as ​the services downturn deepened, a survey showed on...

Independent energy firm NatPower and Tesla said on Tuesday they ​had reached a deal to build 25 gigawatt ​hours of battery storage in Italy...

India's Akasa Air plans to raise passenger capacity by ​30% in the current fiscal year, ‌the airline said on Tuesday, after posting a 37%...

Britain's services sector, the engine of the economy, contracted this month at the fastest rate in nearly three-and-a-half years, according to...

Just a short stroll from Sydney's famous Bondi Beach, auctioneer Clarence White struggles to drum up bids for an airy three-storey home that...

Asian stocks and oil prices fell on Tuesday after the U.S. waived sanctions ​on Iran, while traders grappled with rising expectations the...

Global index provider MSCI is ​poised to decide on Tuesday on whether Indonesia retains its emerging markets status or ‌edges...

Apollo Global's $26 billion private credit fund, Apollo Debt Solutions (ADS), ‌said on Monday it was curbing redemptions at 5% of its...

Meta said on Monday it will pause an internal program that tracks ​employee mouse movements and digital activity for AI training as...

The S&P 500 and the Nasdaq closed down on Monday, dragged by ​declines in the megacap technology stocks including Alphabet, while investors...

Canada's annual inflation rate in May accelerated more than expected to 3.2%, a 29-month high, data ‌showed on Monday, as the impact of...

Amazon Prime Day starting on Tuesday will be a litmus test of ‌U.S. shoppers' spending power, with the earlier-than-usual sales event...

Diplomacy between the U.S. and Iran has translated into relief at the pump for Americans, data showed on Monday, with gasoline ​prices...

EV maker Lucid Group said on Monday it would cut about 18% of its U.S. workforce and announced COO Marc Winterhoff had left the company,...

Ireland's CRH said on Monday it would acquire U.S.-based Arcosa in an all-cash deal valued at about $8.5 billion, bolstering its...

Uber-backed Lime is seeking a valuation of up to $1.66 billion in its U.S. IPO, as ​the electric bike and scooter network operator looks to...

Cargill is aiming to complete the sale of its iron ore ​and steel trading business by late July or ‌early August, four sources with knowledge...

Argentina's government authorized up to $5 billion financing ​from international entities backed ‌by multilateral credit...

Castlelake on Monday disclosed its £4.74 billion ($6.26 billion) takeover bid for easyJet , backed by former Malaysia Airlines CEO Peter...

Chevron said on Monday it has signed an agreement with Microsoft to develop a co-located ​facility that would provide natural-gas fired...

Industry group Offshore Norway said on Monday it would ​impose a lockout from June 27 on Safe ‌labour union oil service workers in response to...

Silver miner Sinda on Monday ​launched its U.S. initial public offering roadshow, targeting a valuation ‌of up to $1.97 billion and...

The Bank of England on Monday eased proposed stablecoin rules following widespread concern they risked stifling development of a nascent...

Investors and business leaders are again navigating the kind of uncertainty that has dominated British politics since the Brexit vote ​a decade...

Japanese ​financial authorities kept markets guessing about possible currency intervention on Monday, with the lack of clear signals suggesting a...

London's domestically focussed FTSE index slipped to a one-week low on Monday, bogged down by political uncertainty ‌after Prime Minister...

The Indian rupee snapped a six-day-long run of gains on Monday, as the dollar hovered near a one-year peak against ​a basket of peers even as a...

France and Germany ‌have agreed to become equal shareholders in tank maker KNDS, the two governments said on Monday, paving the way for what...

Italian cash-for-gold trader Gens Aurea plans to list on the ​Milan stock exchange, it said on Monday, marking what ‌would be the first major...

Russia's seaborne exports of fuel oil and vacuum gasoil (VGO) fell by about 6% month-on-month to 3.2 million metric tons ​in May, as Ukrainian...

Britain's pound and government bond prices held lower on Monday to Prime Minister ​Keir Starmer resigning, potentially paving the way ‌for...

Gold rebounded from a more than one-week ‌low on Monday, as oil prices fell after Iran cited progress in peace talks with the United States,...

French food giant Danone said on Monday it will acquire Australia's Made Group, expanding into high-protein foods in the Asia-Pacific...

Asian share markets swung higher on Monday ​as Iranian negotiators said progress had been made in peace talks with the United States,...

Oil prices declined on Monday after U.S.-Iran talks concluded in ​Switzerland with Tehran saying it had secured waivers for oil and petrochemical...

The dollar was steady on Monday as the first round of U.S.-Iran talks fuelled investor optimism for a deal, while the ​yen inched towards 40-year...

Thailand plans to lift its economic growth potential ​to 3.0% from 2.7% by 2030, ‌Finance Minister Ekniti Nitithanprapas said on...

China left benchmark lending rates unchanged for the 13th consecutive month in June on Monday, in line ​with market expectations. WHY IT'S...

Ladbrokes-owner Entain has begun exploring options for its joint venture ​in Central and Eastern Europe, including a possible sale, three...

The Russian central bank cut its ​benchmark interest rate by 25 basis points to 14.25% on Friday, a smaller move than the 50 bps that analysts had...