Economic news

The number of Americans filing new applications for unemployment benefits unexpectedly fell last week, but the drop was likely due to ongoing...

Maersk will resume sailings via the Red Sea and Suez Canal for one of its services this month, the shipping group said on Thursday, marking a...

European corporate earnings are set to decline in the fourth quarter, the latest forecasts showed on Thursday, as geopolitical ​uncertainty mounts...

Russia's federal budget revenues from oil and gas dropped by 24% in 2025 to the lowest level since 2020, according to Finance Ministry data, as...

Wells Fargo missed analysts' ​profit estimates in the fourth quarter on Wednesday, after it booked $612 million in severance expenses as...

SiFive, which makes blueprints for parts of complex chips, said on Thursday it will become the first maker of RISC-V chip designs to integrate...

The yen edged higher against the dollar on Thursday as investors expected a Bank of Japan intervention to shore up the currency near 160,...

China's new bank loans totalled 16.27 trillion yuan ($2.33 trillion) in 2025, the lowest since 2018, highlighting weak borrowing needs as a...

China's State Grid will spend 4 trillion yuan ($574 billion) to upgrade the country's power grid between 2026 and 2030, state-run Xinhua...

Oil prices tumbled from multi-month highs on Thursday, while ​gold fell back from a record peak after U.S. President Donald Trump appeared to back...

Sterling slightly pared its fall against the dollar on Thursday after UK economic data showed the economy grew more strongly than expected in...

British lenders expect to see demand for mortgages fall in early 2026 after dropping at the end of last year, according to a Bank of England survey...

Gold prices eased on Thursday following a record ‌high in the previous session, as geopolitical and trade risks receded after U.S. President...

Cartier owner Richemont reported sales ahead of market expectations on Thursday, buoyed by strong global demand for jewellery and a continued...

Britain's economy grew more strongly than expected in November, boosted by the return to full production at Jaguar Land Rover after a...

U.S. stocks finished lower on Wednesday, led by a drop in the Nasdaq, with technology shares declining ‌as investors moved into more defensive...

Britain's housing market showed some signs of turning a corner last month as uncertainty about finance minister Rachel Reeves' tax plans...

Britain has moved up the rankings as a destination for new foreign direct investment, helped by growth in artificial intelligence and clean energy,...

Russian oil production dipped around 0.7% last year to 9.129 million barrels per day, OPEC monthly data showed on Wednesday. Russia has...

Oil prices rose on Wednesday for a ​fifth straight session on fears of Iranian supply disruptions due to a potential U.S. attack ‌on Iran and...

High-end department ​store conglomerate Saks Global filed for bankruptcy protection late on Tuesday in one of the largest retail collapses since...

Canadian Natural Resources is in talks to buy a $1-billion-plus portfolio of natural gas properties from Tourmaline Oil Corp, Globe and Mail...

Toyota Motor said on Wednesday it had agreed to raise its offer for group firm Toyota Industries to 18,800 yen ($118.11) per share as...

The UK's FTSE 100 scaled a record high on Wednesday, powered by gains in mining and healthcare stocks, while education company...

RWE said on Wednesday it had agreed to sell a 50% stake in its Norfolk Vanguard East and West offshore wind projects to investor KKR, after...

World shares hovered around record ​highs on Wednesday, as traders found ways to justify why increasingly complicated world economics and politics...

The yen fell to its weakest level in a year-and-a-half against the dollar on Wednesday on speculation of a snap election that could pave...

Volkswagen's premium brand Audi saw a 2.9% decline in vehicle deliveries in 2025, impacted by tariffs and the competitive market...

Interest rates set by the Bank of England should continue to fall as inflation is likely to settle ​around the central bank's 2% target soon,...

British luxury handbag maker Mulberry reported a 5.3% rise in third-quarter revenue on Wednesday, driven by strong full-price, festive-season...

Jollibee Foods Corp's international business is "ready to be a standalone", its global chief financial officer said on...

The Bank of Japan's absence from a list of central banks lining up to support Federal Reserve Chair Jerome Powell reflects its aversion to...

China on Wednesday reported a record trade surplus of nearly $1.2 trillion in 2025, led by booming exports to non-U.S. markets as producers ​looked...

China's vehicle sales and exports are headed for a slowdown amid sluggish demand and lingering external uncertainties, a major Chinese industry...

Gold climbed on Wednesday to hit a record, while silver breached the $90 mark for the first time, as softer-than-expected U.S. inflation readings...

China bought fewer goods from Canada last year for the first time since 2020, according to Chinese data released hours before a visit by the...

British businesses turned their most pessimistic in three years at the end of 2025 and their mood worsened after finance minister Rachel...

Netflix is preparing to make an all-cash offer for Warner Bros Discovery's studios ‌and streaming businesses, a source familiar...

Construction tech firm EquipmentShare.com said on Tuesday it was targeting ​a valuation of up to $6.41 billion in its U.S. initial ‌public...

The discount on U.S. crude futures to the global benchmark Brent has grown by around $1 per ​barrel since the U.S. ousted Venezuelan President...

Microsoft on Tuesday unveiled an initiative to curb water usage at its U.S. data centers and limit the impact on the general population from...

Sales of new U.S. single-family homes fell slightly in October after increasing for two straight months, though declining prices amid...