Economic news


Boeing Jet Deliveries Drop 17% in July

Boeing Jet Deliveries Drop 17% in July

Boeing said Tuesday that it delivered 53 jets in July, five more than a ​year earlier, but a sharp drop from ‌the 64 jets it handed over in June. The U.S. planemaker trailed European rival Airbus, which delivered 67 planes ​in July. Boeing also booked 30 new orders after ...


August 11, 2026
Disney Wins Global Streaming Rights for Formula E Races
Disney Wins Global Streaming Rights for Formula E Races

Disney said on Tuesday it had signed a multi-year deal to stream all-electric Formula E ​races globally across 144 territories on Disney+,...

Nvidia, Wall St Giants Eye $500B for AI Buildout
Nvidia, Wall St Giants Eye $500B for AI Buildout

Nvidia said on Monday it has partnered with six ​major financial institutions to launch compute financing platforms aimed at ‌raising...

Oil Up 2%, Extending Gains on Dimming US-Iran Peace Hopes
Oil Up 2%, Extending Gains on Dimming US-Iran Peace Hopes

Oil prices rose more than 2% on Tuesday to their highest in more than a week ‌as ongoing disruption to Middle East energy flows and fading...

US Small Business Sentiment Hits 11-Month High in July
US Small Business Sentiment Hits 11-Month High in July

U.S. ​small-business sentiment increased to an 11-month high in July amid a surge in the share ‌of owners reporting plans to boost hiring,...

US-Iran Standoff Sends Oil Up, Dents Stocks
US-Iran Standoff Sends Oil Up, Dents Stocks

Oil prices rose on Tuesday as negotiations between the United States and Iran over a peace deal ​and the reopening of the Strait of Hormuz hit an...

Yen Slips as Intervention Fades; Aussie Steady After RBA
Yen Slips as Intervention Fades; Aussie Steady After RBA

The yen hovered close to the key 160-per-dollar ‌level on Tuesday, as the impact of U.S.-Japan intervention continued to fade, while the...

Taiwan, South Korea Drive Asian Outflows on AI Worries
Taiwan, South Korea Drive Asian Outflows on AI Worries

Foreign investors sold Asian equities on a net basis for a ninth consecutive month in July, with heavy ​selling in Taiwan and South Korea as...

RBA Holds Rates, Warns Further Hike 'Quite Possible'
RBA Holds Rates, Warns Further Hike 'Quite Possible'

Australia's central bank ​held its cash rate steady at 4.35% for a second straight meeting on Tuesday, saying the economy was slowing as...

Samsung SDI to Buy Out GM's Stake in Battery Joint Venture
Samsung SDI to Buy Out GM's Stake in Battery Joint Venture

South Korean battery maker Samsung SDI said on Tuesday it will end its joint ​venture agreement with General Motors in Indiana and...

Wall Street Ends Down as Expectations of Hormuz Deal Fade
Wall Street Ends Down as Expectations of Hormuz Deal Fade

The Nasdaq and S&P 500 closed lower on Monday, with declines in Intel and other chipmakers, as ​investors became less confident about a deal to...

Archer to Buy Boeing's Wisk, 2 Units for 20% Equity Stake
Archer to Buy Boeing's Wisk, 2 Units for 20% Equity Stake

Archer Aviation said on Monday it would acquire Boeing's electric aircraft firm Wisk ​Aero and two other units, in a deal that will give...

Embraer Shares Surge on Record Q2 Revenue, Raised Guidance
Embraer Shares Surge on Record Q2 Revenue, Raised Guidance

Brazilian planemaker Embraer reported record second-quarter revenue of 11.34 billion reais ($2.23 billion) ​on Monday, up 10% from a year...

August 10, 2026
FTSE 100 Eases as Imperial Brands Drops on Job Cut Report
FTSE 100 Eases as Imperial Brands Drops on Job Cut Report

London's stock indexes eased on Monday, taking a breather after last week's ‌gains, with shares of Imperial Brands dropping on a...

Vodafone Idea Narrows Quarterly Loss on Higher ARPU
Vodafone Idea Narrows Quarterly Loss on Higher ARPU

Vodafone Idea, India's third-largest telecom operator, reported a narrower first-quarter loss on Monday, driven by higher average revenue per...

UK's Jobs Market Shows Signs of Stabilisation, REC/KPMG Say
UK's Jobs Market Shows Signs of Stabilisation, REC/KPMG Say

Britain's labour market showed tentative signs of stabilisation in July, when Andy Burnham ​became prime minister, as recruiters stopped...

Shein Sticks to China as Vietnam Warehouse Venture Fails
Shein Sticks to China as Vietnam Warehouse Venture Fails

Just over a year ago, Chinese ultra-fast fashion retailer Shein began leasing 15 hectares of warehouse facilities — equivalent in size to 21...

GameStop Weighing Withdrawal of eBay Bid, Bloomberg News
GameStop Weighing Withdrawal of eBay Bid, Bloomberg News

GameStop CEO Ryan Cohen is considering withdrawing the videogame retailer's $56 billion bid for eBay and may instead pursue a...

Bristol Myers to Build $2.3B Manufacturing Site in Houston
Bristol Myers to Build $2.3B Manufacturing Site in Houston

Drugmaker Bristol Myers Squibb on Monday said it will spend about $2.3 billion to build a new manufacturing facility ​in Houston, Texas, part...

Meta Launches New AI Model as Zuckerberg Backs Open-Weight
Meta Launches New AI Model as Zuckerberg Backs Open-Weight

Meta Platforms CEO Mark Zuckerberg called for lower U.S. barriers for open-source AI to better compete with Chinese rivals as the social media...

Zee's Quarterly Profit Drops on Weak Ads, High Costs
Zee's Quarterly Profit Drops on Weak Ads, High Costs

India's Zee Entertainment Enterprises reported a 46.9% fall in quarterly profit on Monday, hurt by weak advertising revenue and ​higher...

Beyonce Buys out LVMH's Stake in SirDavis Whisky
Beyonce Buys out LVMH's Stake in SirDavis Whisky

American pop star Beyonce has ​acquired full control ‌of the SirDavis whisky brand after French ​luxury goods group ​LVMH sold its stake...

Sterling Little Changed near over Three-Week High
Sterling Little Changed near over Three-Week High

The British pound was little changed against both ‌the dollar and euro on Monday as markets awaited growth data later in the week and updates...

Plus500 Core Profit Rises as US Business Gains Traction
Plus500 Core Profit Rises as US Business Gains Traction

Trading platform Plus500 reported a rise in half-year core profit on Monday, aided by higher trading ​activity as the company expanded its...

European Stocks Steady as Investors Weigh Hormuz Risks
European Stocks Steady as Investors Weigh Hormuz Risks

Aug 10 (Reuters) - European ​shares were little changed on Monday as uncertainty over ‌the reopening of the Strait of Hormuz kept oil prices...

German Trade Deficit with China Grows as EU Imports Shift
German Trade Deficit with China Grows as EU Imports Shift

Germany's trade deficit with China widened in the first half of 2026, even as the Asian powerhouse remained its top trade partner, preliminary...

Gold Steadies after Scaling Seven-Week Peak, US Data Looms
Gold Steadies after Scaling Seven-Week Peak, US Data Looms

Gold held steady on Monday after prices hit a seven-week ‌high in the previous session, while markets looked to U.S. inflation data for fresh...

German Commercial Property Prices Dip After Fragile Recovery
German Commercial Property Prices Dip After Fragile Recovery

Commercial real estate prices in Germany declined in the second quarter, the VDP banking association ​said on Monday, reversing a fragile recovery...

Extreme EU Heat Could Wipe Out 2026 Growth, Triodos Says
Extreme EU Heat Could Wipe Out 2026 Growth, Triodos Says

The extreme heat and drought affecting large parts of Europe this summer could erase ​much of the economic growth expected across ‌the region,...

Asia Stocks Firm; Oil Edges Up on Gulf Morass
Asia Stocks Firm; Oil Edges Up on Gulf Morass

Asian share markets tracked Wall Street higher on Monday after a soft U.S. jobs report pared the ​risk of a near-term rise in...

Dollar Rises from 2-Month Low as Oil Gains, Inflation Eyed
Dollar Rises from 2-Month Low as Oil Gains, Inflation Eyed

The U.S. dollar inched higher from a two-month low against major ​currencies on Monday, as oil prices climbed due to a muddled Middle East outlook...

S&P Hits Record High as Weak Jobs Data Eases Rate Fears
S&P Hits Record High as Weak Jobs Data Eases Rate Fears

U.S. stocks advanced on Friday, with the S&P closing at a ​record high to cap off a strong week of gains for the major indexes, after data...

August 7, 2026
Under Armour Expects Bigger Sales Drop on Weak US Demand
Under Armour Expects Bigger Sales Drop on Weak US Demand

Under Armour on Friday forecast a bigger drop in annual revenue, underscoring the challenge of reviving growth as cautious consumers in ​North...

Ola Electic Posts Narrower Q1 Loss on Higher EV Sales
Ola Electic Posts Narrower Q1 Loss on Higher EV Sales

India's Ola Electric on Friday reported a narrower first-quarter loss, helped by higher electric ​two-wheeler sales and lower operating...

Yen Surges on US Jobs; Traders Wary of Intervention
Yen Surges on US Jobs; Traders Wary of Intervention

The yen jumped suddenly against the dollar again on Friday after a surprisingly weak U.S. employment report, with traders alert to the...

Inpex Raises Full-Year Outlook on High Oil and LNG
Inpex Raises Full-Year Outlook on High Oil and LNG

Japanese oil and gas explorer Inpex Corp raised its full-year profit forecast by ​up to 46% to a record 510 billion ‌yen ($3.22 billion)...

Dream Finders to Buy Beazer Homes in $2.2-Billion Deal
Dream Finders to Buy Beazer Homes in $2.2-Billion Deal

Dream Finders Homes said on Friday it would acquire peer Beazer Homes in ​an all-cash deal worth about $2.2 billion, including debt,...

India's Titan Posts Profit Surge on Strong Jewellery Demand
India's Titan Posts Profit Surge on Strong Jewellery Demand

India's Titan reported a 63% jump in quarterly profit on Friday, as demand for jewellery stayed strong ​and store footfalls climbed while...

Ola Electric Posts Narrower Q1 Loss on Higher EV Sales
Ola Electric Posts Narrower Q1 Loss on Higher EV Sales

India's Ola Electric on Friday reported a narrower first-quarter loss, helped by higher electric ​two-wheeler sales and lower operating...

Oil Drops as Market Weighs Iran-Gulf Hormuz Deal
Oil Drops as Market Weighs Iran-Gulf Hormuz Deal

Oil prices edged lower on Friday as investors weighed ​signals that Gulf states and Iran were closing in on a deal to reopen the Strait of...

UK Stock Indexes Set for Fourth Week of Gains, Miners Rally
UK Stock Indexes Set for Fourth Week of Gains, Miners Rally

The main UK indexes were on track for a fourth consecutive week of gains on Friday, as a rally in precious metal miners helped offset worries about...

China Gold Reserves See Biggest Jump Since Oct 2023
China Gold Reserves See Biggest Jump Since Oct 2023

China's central bank stepped up its gold purchases for a fifth straight month in ​July, adding the most bullion to its reserves ‌since...

Taiwan July Exports Miss Forecasts, but AI Demand Holds
Taiwan July Exports Miss Forecasts, but AI Demand Holds

Taiwan's exports rose less than expected in July, continuing to ride the wave ​of AI demand while contending with the undercurrents ‌of...


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