Economic news

The U.S. dollar rose slightly on Thursday, but remained ‌near its lowest level since early March, as markets waited hopefully for further news...

Oil prices rose on ‌Thursday, reversing earlier declines as the market questioned whether peace talks between the U.S. and Iran would...

Pernod Ricard, which is in talks to merge ‌with U.S. rival Brown-Forman , reported a stronger-than-expected 0.1% rise in...

Gold prices ​rose on Thursday, supported by a softer U.S. dollar and lower Treasury yields, ‌as investors grew optimistic about a potential...

British sportswear retailer JD Sports Fashion has sold its entire 9.1% ​stake in Applied Nutrition for about ‌49 million pounds...

Private equity firm EQT is restarting the sale process for the mainland Chinese business of ​contact lens maker Ginko International, targeting...

TSMC, the world's largest contract ​chipmaker, posted a ‌58% jump in first-quarter net profit on Thursday, ​beating market forecasts ​and...

Global equities vaulted past their previous all-time highs in Asian trading on Thursday as optimism grew about a deal to...

SoftBank Group has raised $1.5 billion ​from a dollar-denominated bond offering and 1.75 billion euros ($2.06 billion) from a euro-denominated...

The S&P 500 closed at a new record high Wednesday, its first ​since the U.S.-Iran conflict began, as hopes of a de-escalation in ‌the...

Aerospace parts maker Arxis said on Wednesday it raised $1.13 billion ​in its U.S. initial public offering after ‌pricing shares at $28...

Gold ​drifted lower on Wednesday after hitting a one-month peak as investors assessed ‌the latest signals on the U.S.–Iran...

Trading firm Jane Street has committed about $6 billion for CoreWeave's cloud services, marking the third major deal for the Nvidia-backed...

Shares of Allbirds surged more than five-fold on Wednesday after the footwear maker said it was raising capital and pivoting towards AI...

Two of America's most popular national pizza chains are edging closer to selling to new owners as stiff competition, rising commodity costs and...

Chinese electric vehicle maker BYD ‌is deliberately avoiding a price war in South Africa as competition ramps up in the continent's...

U.S. homebuilder sentiment deteriorated in April, hitting a seven-month low as the war with Iran led to higher prices for materials and mortgage...

PNC Financial posted an 18% jump in first-quarter profit on Wednesday, buoyed by the acquisition of regional lender FirstBank and strong loan...

Snap will lay off about 1,000 employees, including 16% ‌of full-time staff, the company said on Wednesday, becoming the latest tech...

Walmart said on Wednesday it is redesigning its private-label brand "Great Value" ​as price-conscious shoppers increasingly opt for...

Recruitment firm Robert Walters on Wednesday ‌posted a narrower drop in first-quarter net fees following double-digit quarterly declines...

Investors will look for Netflix to emphasize content spending and ad business growth as key ​drivers when it reports quarterly earnings on...

Britain's biggest asset manager Legal & General aims ‌to double its assets under management in Asia to around $500 billion amid...

Oil prices gained more than 1% as shipping through the Strait of Hormuz remained constrained, outweighing expectations of ‌renewed U.S.-Iran...

India's merchandise trade deficit narrowed to $20.67 billion in March, government data showed on Wednesday, amid risks the ​Iran war could...

London's ​FTSE 100 was muted on Wednesday as declines in ‌heavyweight financials and energy stocks limited gains in healthcare stocks,...

The U.S. dollar has given back most of the gains sparked by the Iran war, as a tentative ceasefire revived ​appetite for riskier currencies, but...

French group Hermes led a slump ​in luxury shares on Wednesday after weak sales showed the war in Iran was weighing on demand in the Middle...

The ​pound on Wednesday took a breather from its longest stretch of gains in a year, dipping against ‌the dollar after a swell of investor...

The U.S. dollar skimmed six-week lows on Wednesday, having surrendered almost all the gains ​made since the Iran war erupted, as signs of...

Franco-Italian automaker Stellantis said on Wednesday its global ​shipments rose 12% year-on-year in the first ‌quarter to an estimated...

Asian stocks tracked Wall ​Street higher on Wednesday as hopes for a resumption of U.S.-Iran peace talks capped oil ‌prices at under $100 a...

BlackRock's hedge fund team is urging investors to spread their exposure across multiple hedge fund strategies, as AI-related and geopolitical...

Meta will work with chip designer Broadcom to produce several generations of custom artificial intelligence ​processors under an expanded deal as...

From DFS to Avolta, duty-free stores selling premium perfumes and spirits to big spenders are feeling the ​pinch as conflict in the Middle...

Swiss food giant Nestle must grow its ​sales volumes again, Chairman Pablo ‌Isla was quoted as saying in an interview on Wednesday,...

China's largest trade fair, held twice a year, opened on Wednesday in ​the southern city of Guangzhou, where more ‌than 32,000 exhibitors...

Uber has committed more than $10 ​billion to buying thousands of autonomous vehicles ‌and taking stakes in their developers, breaking...

Johnson & Johnson beat first-quarter earnings expectations on Tuesday and raised its full-year forecast, ​as strong demand for cancer drug...

U.S.-based grocer Albertsons forecast annual sales below Wall Street estimates on Tuesday, signaling pressure on demand from fierce...

Investors in, Europe’s most valuable listed company, are betting the chip-equipment maker can raise financial forecasts when it reports...

Used car retailer CarMax reported a fourth-quarter loss on Tuesday, hurt by a goodwill impairment charge and ​shrinking margins from used...