Economic news

Two senior Bank of England interest rate-setters suggested on Thursday that they were getting closer to voting for ‌an increase in borrowing...

Isabel Schnabel's decision to leave the European Central Bank early for the International Monetary Fund closes a seven-year effort to reconcile...

Italian state lender CDP is in talks with ‌Gulf investors including Abu Dhabi's sovereign wealth fund Mubadala to sell between 15% and 35%...

A 90% Common Equity Tier 1 backing for UBS's foreign units is ​a "good amount", SNB Vice Chairman Antoine Martin ‌said on...

World financial markets remained on edge on Thursday after concerns about ​the Iran war and inflation pain had triggered the sharpest selloff in US...

Swedish fashion retailer H&M is driving ​changes to improve efficiency and react more quickly to fashion trends, its CEO said on Thursday,...

British retailers this month reported the biggest drop in sales since April and they ​cut orders with their suppliers by the ‌most since...

Chinese AI startup DeepSeek's annualised revenue run rate has ​hit $1 billion, more than double from a few months ago, ‌the Information...

The Indian rupee fell to a one-week low on Thursday as a jump in oil prices and ​little progress in U.S.-Iran talks raised concerns that inflation...

Sterling hit the lowest level in almost three months against the dollar and edged down versus the euro on Thursday, as ​investors singled out the...

Oil prices rose more than 2% on ‌Thursday as diplomatic talks between the US and Iran showed little sign of progress, while...

London shares fell on Thursday ​as crude oil prices continued to rise amid little progress towards a ‌US-Iran deal, fuelling inflation...

The dollar steadied near a two-month high on Thursday after a sharp rally fuelled by expectations ​of additional Federal Reserve interest rate...

German business morale rose more than expected in September, a survey showed on Thursday, signalling ​that Europe's largest economy is...

McDonald's warned on Wednesday that industrywide customer traffic in key markets would likely remain flat as long as inflation...

South Africa risks losing future vehicle production to Asian rivals as global automakers decide where to build the next generation of electric...

Wall Street ended lower on Wednesday, pulled down by Alphabet and Amazon, as Treasury yields climbed and Iran's president said Tehran would...

US business activity raced to a more than five-year ‌high in September, fueled by a surge in new orders, though strong demand strained supply...

The US dollar rose to its highest level ​in nearly two months on Wednesday as investors priced in a rate hike cycle from the Federal Reserve, while...

Verizon said on Wednesday it would invest $70 million in a nationwide effort to provide AI ​training to job seekers, small businesses and...

The Hungarian central bank's move to lower its inflation target has sent a fresh signal to investors that the new government in Budapest is...

The New ​York Stock Exchange and crypto brokerage Blockchain.com will together explore creating crypto ‌versions of US-listed stocks,...

HSBC lifted its year-end target for Europe's STOXX 600 index for the first ​time this year on Wednesday, citing stronger earnings...

Gold prices fell in range-bound trade on Wednesday, pressured by a ‌stronger dollar and hawkish remarks from US Federal Reserve officials that...

Indonesia's central bank held interest rates steady on Wednesday at its first meeting since Destry ​Damayanti was appointed governor...

The pound fell for a third day on Wednesday, driven lower by the strength of the dollar, which got a lift from investors ​pricing in a higher...

London's FTSE 100 inched higher on Wednesday, ​with heavyweight banks stocks leading gains as focus remained on any developments...

The Indian rupee ended modestly weaker on Wednesday, tracking declines in Asian peers ​as expectations of further US Federal Reserve rate hikes...

Oil prices held near their lowest in ​more than two weeks on Wednesday, kept in check by improving Gulf crude supplies and growing hopes for...

Singapore's effort to offer trading in American stocks during Asia hours has gotten off to a ​sluggish start as rival products and wary...

AI-led investment is helping the global economy hold up marginally better than expected this year, but the ‌energy shock is becoming more...

India's business growth accelerated in September on stronger demand in both manufacturing and services, a ​preliminary survey showed, though...

India's new fast-track entry route for trusted foreign investors has drawn 164 registrations in just over 100 days, data ​from the Indian...

ASX's clearing and settlement facilities continue to fail to meet the central bank's expectations in "several important...

Shares of Hero Motors rose 6.5% on Wednesday after a subdued market debut, following the Indian auto ​parts maker's $104.2 million initial...

Asian shares were aiming for a sixth session of gains on Wednesday as consumer hunger for AI apps continued to buoy ​tech stocks, while oil prices...

Royal Caribbean Group said on Wednesday it had agreed to acquire a 50% stake in Caribbean resorts operator ​Sandals Resorts International for...

Chinese authorities are examining the use of Broadcom’s hardware in state-backed data centres as ​part of a drive to boost domestic...

The billionaire family behind H&M is quietly ‌increasing its stake, fuelling speculation it could take the fast-fashion retailer...

David Ellison is set to take control of two of the biggest news organizations in the US after his Paramount Skydance completes its...

From pre-bleached straight hair wigs to wavy clipped extensions and blinged-out coffin-shaped nails, sales of Chinese-made beauty accessories ​are...

The UK's FTSE 100 edged lower on Tuesday as banks and telecoms stocks retreated, while investors awaited potential US-Iran talks ​after signs...