Economic news


Huawei, Xiaomi Launch Foldables Ahead of Apple Event

Huawei, Xiaomi Launch Foldables Ahead of Apple Event

Huawei and Xiaomi launched new flagship foldable smartphones on Monday, ‌stepping up competition in China's premium handset market ahead of Apple's product launch later this week. Huawei's new Mate XT2 series, which fold out twice into a tablet-sized screen, featur...


September 7, 2026
Tech Explores Argentina's Patagonia for Mega Data Centers
Tech Explores Argentina's Patagonia for Mega Data Centers

Argentina's rugged Patagonia is drawing increasing interest from investors searching for sites for mega data centers who are enticed by the...

TotalEnergies Cuts Papua LNG Stake, Hands Control to Exxon
TotalEnergies Cuts Papua LNG Stake, Hands Control to Exxon

TotalEnergies is cutting its stake in ‌Papua LNG and handing operatorship to ExxonMobil, the companies said on Monday, as pressure mounts...

UK's JLR to Cut Nearly 10% of Workforce in Turnaround
UK's JLR to Cut Nearly 10% of Workforce in Turnaround

Britain's Jaguar Land Rover said on ‌Monday it would cut nearly 10% of its workforce through voluntary redundancies over the next two...

Stocks Dented by Inflation Risk, Oil, Geopolitics
Stocks Dented by Inflation Risk, Oil, Geopolitics

Rising oil prices, conflict in the Middle ​East and political uncertainty in Europe kept investors on edge on Monday, leaving stocks to drift lower...

France's EDF in Talks to Buy So Energy to Expand in UK
France's EDF in Talks to Buy So Energy to Expand in UK

French state-owned electric utility EDF is ​in talks to acquire electricity supplier So ‌Energy, which is majority owned by Irish company ESB,...

Gold Eases as Strong US Jobs Data Boosts Fed Rate-Hike Bets
Gold Eases as Strong US Jobs Data Boosts Fed Rate-Hike Bets

Gold eased on Monday ‌after Friday's robust U.S. jobs report bolstered expectations for a Federal Reserve interest rate hike this month,...

French Wine Output among Lowest in 30 Years after Heatwaves
French Wine Output among Lowest in 30 Years after Heatwaves

France is likely to produce one ‌of the lowest amounts of wine in the last three decades, with champagne output set to halve this year, after...

Sterling Steadies on USD After Healey Speech, Tumbles on Yen
Sterling Steadies on USD After Healey Speech, Tumbles on Yen

The pound strengthened versus the dollar, held steady on the euro and dropped sharply against the Japanese yen on Monday, with British finance...

Audi Debuts New Compact EV in Bid to Boost European Sales
Audi Debuts New Compact EV in Bid to Boost European Sales

Premium German car brand Audi on Monday introduced a ‌new compact electric vehicle to boost its presence at the smaller end of the European...

Novo Nordisk: Semaglutide Cuts Child Obesity in Trial
Novo Nordisk: Semaglutide Cuts Child Obesity in Trial

Novo Nordisk said ​on Monday that in a late-stage trial, 40.4% ‌of children aged 6 to under 12 treated with semaglutide, the active...

German Industrial Output Falls Unexpectedly in July
German Industrial Output Falls Unexpectedly in July

German industrial production ​fell unexpectedly in July, dragged down by a sharp drop in car manufacturing, and economists do not expect the...

Taiwan's Wistron Launches $1.5B GDS Sale to Buy Materials
Taiwan's Wistron Launches $1.5B GDS Sale to Buy Materials

Nvidia supplier Wistron Corp ​has launched an offering of 25 million global depositary ‌shares, worth up to $1.48 billion, to fund...

Asian Paints Names Former JPM Exec Puri as Next Chairman
Asian Paints Names Former JPM Exec Puri as Next Chairman

India's Asian Paints on Monday named Leo ​Puri as its chairman-designate, effective January ‌23, 2027, after appointing him to its...

Rupee Ends Flat, Hemmed in by RBI Iintervention, Oil Pangs
Rupee Ends Flat, Hemmed in by RBI Iintervention, Oil Pangs

The Indian rupee traded in a narrow range on Monday, wedged between sustained market intervention by the ​Reserve Bank of India and a rise in oil...

London Stocks Flat as Oil, Rate-Hike Bets Weigh
London Stocks Flat as Oil, Rate-Hike Bets Weigh

London's benchmark FTSE 100 slipped as rising oil ​prices and prospects of an interest rate hike by the U.S. Federal ‌Reserve weighed on...

Australia's Santos Buys Extra 3.3% Stake in Papua LNG
Australia's Santos Buys Extra 3.3% Stake in Papua LNG

Sept 7 (Reuters) - Australia's Santos said on Monday it had acquired ​an additional 3.3% stake in the Papua ‌LNG project from...

Dollar Barely Gets Lift from Boost in Fed Hike Expectations
Dollar Barely Gets Lift from Boost in Fed Hike Expectations

The dollar wobbled on Monday despite a ​ramp-up in U.S. rate-hike bets, as tension in the Middle East heightened inflation risks...

UK House Prices Fall for First Time Since Nov 2023: Lloyds
UK House Prices Fall for First Time Since Nov 2023: Lloyds

British house prices recorded their first annual fall in nearly three years in August as ​some buyers have held back on purchases due to higher...

Oil Extends Gains on US and Iran Exchange Attacks on Ships
Oil Extends Gains on US and Iran Exchange Attacks on Ships

Oil prices ‌rose more than $1 a barrel on Monday as tit-for-tat strikes between the U.S. and Iran on vessels sailing in the Strait of Hormuz...

China's Export Growth Seen Accelerating in August: Poll
China's Export Growth Seen Accelerating in August: Poll

China's exports likely grew at a faster pace in August, ​a Reuters poll showed, indicating that the world's second-largest economy will...

Wall St Ends Lower as Solid Jobs Data Fuels Hawkish Fed Bets
Wall St Ends Lower as Solid Jobs Data Fuels Hawkish Fed Bets

Wall Street dipped ​on Friday as a robust jobs report raised the probability that the U.S. Federal Reserve will increase its key interest...

China Pauses Battery Storage Project Approvals, Cailianshe
China Pauses Battery Storage Project Approvals, Cailianshe

China, the world's largest manufacturer of batteries for energy storage, has temporarily suspended approvals ​for new factories, Chinese...

OPEC+ Keeps Oil Output Policy Unchanged for October
OPEC+ Keeps Oil Output Policy Unchanged for October

OPEC+ kept its oil output policy unchanged for ‌October at a meeting on Sunday, it said in a statement, as the producer group needs to agree...

Bitcoin-Based Liquid Network Says $320 mln Withdrawn in Hack
Bitcoin-Based Liquid Network Says $320 mln Withdrawn in Hack

Liquid Network, a Bitcoin-based payments and settlement ​network, said on Sunday ‌that about $320 million was withdrawn from its federation...

September 4, 2026
London Mid-Caps Set for Weekly Loss on Bond Jitters
London Mid-Caps Set for Weekly Loss on Bond Jitters

London's mid-cap stocks logged their biggest weekly fall in three months on Friday, pressured by concerns over soaring government debt and...

Airbus Reaches Deal With Spanish Unions After Strikes
Airbus Reaches Deal With Spanish Unions After Strikes

Airbus has reached a preliminary deal with four unions in Spain, the company and Industry ​Minister Jordi Hereu said on Friday, representing a...

Milei Targets Israeli Investors in Falklands Oil Project
Milei Targets Israeli Investors in Falklands Oil Project

Argentine President Javier Milei's ​push for sanctions on oil companies drilling offshore in the British-controlled Falkland Islands has put...

India's NSE Eyes Sept IPO Listing After Clearance
India's NSE Eyes Sept IPO Listing After Clearance

India's National Stock ‌Exchange is targeting a listing in the week starting September 21, three sources familiar with the matter said,...

ByteDance Secures $29.6 Billion Loan in AI Push, Sources Say
ByteDance Secures $29.6 Billion Loan in AI Push, Sources Say

ByteDance has secured ​a $29.6 billion loan from nearly 30 banks, three people with direct knowledge of the matter said ‌on Friday, with the...

Pound Firm ahead of US Jobs Data, Unruffled by Geopolitics
Pound Firm ahead of US Jobs Data, Unruffled by Geopolitics

The pound held steady on Friday, ahead ​of monthly U.S. employment data that could be key in setting the pace for the dollar ‌over the coming...

Shares Inch Up Ahead of US Jobs Data as Waller Soothes Bonds
Shares Inch Up Ahead of US Jobs Data as Waller Soothes Bonds

World shares pushed higher ahead of U.S. jobs data on Friday, while bond markets got some much-needed relief after a top Federal ​Reserve...

European Shares Dip ahead of US Jobs Data; Volkswagen Jumps
European Shares Dip ahead of US Jobs Data; Volkswagen Jumps

Sept 4 (Reuters) - European shares ticked lower on Friday ahead of closely watched U.S. ‌jobs data, while Volkswagen's shares rallied...

UK Construction PMI Drops on Weak Housebuilding
UK Construction PMI Drops on Weak Housebuilding

Britain's construction sector marked its 20th month of contraction in August, dragged down by a severe ​downturn in the housebuilding sector, a...

UK Firms Plan Slightly Smaller Price Rises, BoE Survey Shows
UK Firms Plan Slightly Smaller Price Rises, BoE Survey Shows

British businesses expect to increase their prices slightly ​less quickly in the year ‌ahead, according to a survey published by the Bank of...

Germany Open to UniCredit-Commerzbank Deal, Boosting EU M&A
Germany Open to UniCredit-Commerzbank Deal, Boosting EU M&A

Germany's tilt towards a deal with UniCredit's CEO Andrea Orcel to take over Commerzbank, after years of his...

Yen's Changing Fortunes Might Finally be Spooking the Bears
Yen's Changing Fortunes Might Finally be Spooking the Bears

Just six weeks after hitting a four-decade low against the dollar, the tide appears to be turning for the battered yen as a host of factors finally...

Abrupt Indian Bank CEO Shifts Test Strategy Focus
Abrupt Indian Bank CEO Shifts Test Strategy Focus

Abrupt departures from some of India's top private banks in recent months have exposed a need for better succession planning, prompting...

Gold Eyes Weekly Gain Ahead of Key US Payrolls Data
Gold Eyes Weekly Gain Ahead of Key US Payrolls Data

Gold prices ​were steady on Friday and poised for a modest weekly gain, as ‌traders' attention turned to key U.S. payrolls data for clues...

Rupee Sees Best Week in 5 on RBI Action, Foreign Inflows
Rupee Sees Best Week in 5 on RBI Action, Foreign Inflows

The Indian rupee ended largely unchanged Friday, but posted its best weekly performance against the U.S. dollar ​in five weeks, helped by...

UK Car Sales Rise for 9th Month; Focus Turns to September
UK Car Sales Rise for 9th Month; Focus Turns to September

Britain's new car sales rose nearly 14% from a year ago in ​August, marking the ninth consecutive month of growth, ‌industry data showed...

Tech Pilgrims Flock to China as Innovation Race Heats Up
Tech Pilgrims Flock to China as Innovation Race Heats Up

Humanoid robots working on factory floors, AI models challenging global rivals and electric-vehicle plants churning out cars at...

Japan July Household Spending Drops at 2.5-Year Fast Pace
Japan July Household Spending Drops at 2.5-Year Fast Pace

Japanese household spending fell in July at the fastest annual pace in 2-1/2 ​years, government data showed on Friday, highlighting lacklustre...


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