Economic news

Over the last three years, retailer Target has weathered intense criticism from consumers who have questioned its merchandise choices and...

The U.S. dollar rose on Friday after hotter-than-expected producer price data for January and on concerns about rising tensions between the United...

The shale revolution that made the United States the world's top oil producer is taking shape in the Arabian Desert. Deep in the sands...

Oil prices rose about 3% on Friday as traders remained on alert for potential supply disruptions after the United States and Iran extended nuclear...

South Africa's power utility Eskom on Friday announced a further 29% reduction in electricity prices for two distressed ferrochrome firms in a...

India's economic growth slowed in the October-December quarter as government spending and private investment eased, but the South Asian nation...

El Salvador-based stablecoin issuer Tether said it has frozen about $4.2 billion of its crypto tokens over links to "illicit activity",...

Gold‑loving Turks grew $300 billion wealthier in the past year as record prices swelled the value of their holdings to nearly half the size of...

India's economy grew 7.8% in October-December from the same period a year earlier, down from an 8.4% expansion in the previous quarter as...

European shares hit a new record on Friday and were set to log an eighth straight month of gains as better-than-expected corporate updates...

London's FTSE 100 climbed to a fresh record high on Friday and was set for its eighth straight monthly rise, boosted by heavyweight miners as...

British education company Pearson said its use of AI in its education courses was delivering better outcomes for students, in contrast to...

Indian shares fell on Friday in broad-based declines led by financials, with benchmark indexes posting their third monthly decline, while IT stocks...

Senior's shares surged on Friday after the British engineering company said it has received multiple takeover offers in the past few...

British recruiter Hays announced the departure of CEO Dirk Hahn on Friday and slashed its dividend by 84% as a tough hiring market caused by...

The Australian dollar was poised for another sharp monthly gain on Friday as expectations grow for a more hawkish central bank, while the yuan lost...

China's central bank moved to rein in the fast-rising yuan on Friday, scrapping risk reserves requirements for forex forward contracts in a...

South Korea will soon no longer be one of the few countries where Google Maps doesn't work properly, after its security-conscious government...

Hyatt Hotels expects to quintuple its India footprint over the next five years, its chief executive said on Friday, as the U.S. hotel operator...

An AI productivity boom, if it materialises, may help buy major economies more time to clean up their strained public finances, economists say,...

Asian shares wobbled while the yen and U.S. Treasuries rose on Friday, as concerns about technology company valuations and geopolitical hotspots...

Britain is on track to issue the lowest amount of long-dated government debt in two decades in the next financial year as it scales back overall...

Indonesia's trade surplus is expected to have widened in January from a month earlier as double-digit growth in exports offset higher imports,...

U.S. stocks turned sharply lower on Thursday, the day after earnings from artificial intelligence vanguard Nvidia failed to impress investors,...

South Korea's exports likely rose for a ninth straight month in February as a global boom in artificial intelligence investment drove a surge...

The average rate on the popular U.S. 30-year fixed-rate mortgage fell below 6% this week for the first time in 3-1/2 years, but the decline is...

Mexico's Becle, the world's largest tequila maker, on Thursday posted a 12.8% drop in its fourth-quarter net profit compared to a year...

Hyundai Motor Group and South Korea on Friday signed a deal to invest about 9 trillion won ($6.26 billion) to build an AI data centre, a robot...

The number of Americans filing new applications for jobless benefits increased slightly last week and the unemployment rate appeared to hold steady...

Google on Thursday unveiled a successor to its viral Nano Banana image generation model, touting faster performance as the search-engine behemoth...

Investment firm Carlyle expects at least $200 billion in inflows between now and the end of 2028, a faster pace than the previous three years,...

The rouble is set to tumble by nearly a quarter this year after the government, faced with falling energy revenues, announced plans to save more...

Britain's FTSE 100 hit a record high on Thursday, lifted by Rolls-Royce after the engine maker raised its annual forecasts, while sentiment was...

The British pound edged lower on Thursday ahead of a local election in Manchester that could offer an early read on Prime Minister Keir...

The European Central Bank sold some of its dollar assets early last year and reduced the weight of the dollar in its foreign exchange reserves in...

Nearly 1 million Britons aged 16-24 were not in employment, education or training at the end of last year, the second-highest level in more than a...

European Central Bank President Christine Lagarde hinted again at serving out her term to complete projects including the digital euro, in a fresh...

WPP will combine its agencies into a single integrated company under new CEO Cindy Rose's turnaround plan, targeting a return to growth in...

Stellantis on Thursday reported a net loss of 20.1 billion euros ($23.8 billion) for the second half of 2025, after multi-billion euro...

Europe's benchmark index hit a record high on Thursday, driven by upbeat corporate earnings from the likes of Schneider and Indra, while...

Ocado will cut about 1,000 jobs as part of a cost-saving drive aimed at helping the British technology and online grocery group turn cash-flow...

Man Group shares fell on Thursday after the London- listed hedge fund posted a rise in assets under management by over a third to a new...