Economic news

Martin Marietta Materials said on Monday it would merge with limestone supplier Lhoist North America in a cash-and-stock deal worth $13.5...

The pound, set for its largest monthly drop since March, edged ​up on Monday as Andy Burnham, Britain's likely next prime minister, laid...

Volkswagen management has told the ​car group's employee side ‌that currently agreed job cuts are insufficient, according ​to a note ​from...

The Indian rupee lumbered in a thin band before ending modestly weaker on Monday as a decline in local ​stocks eroded the boost to market sentiment...

UK shares inched lower on Monday as renewed ‌Middle East hostilities weighed on risk sentiment, while investors also awaited a highly...

Dutch digital services operator Prosus reported an 84% leap in full-year adjusted core profit on Monday as it looks to expand its successful...

Major Chinese electric vehicle battery makers on Monday pledged to pay their suppliers more quickly, as part of wider ​efforts to ease financial...

Swiss pharmaceutical and diagnostics giant Roche launched its long-awaited Axelios gene sequencer on Monday, in a bid to challenge U.S. company...

Gold fell on Monday as recent ‌hostilities in the Gulf fueled inflation concerns that added to U.S. Federal Reserve rate-hike expectations,...

As corporate borrowing tied to artificial ​intelligence shows no sign of slowing, bankers are coming up with new ways to sell ever larger volumes...

British lenders approved the fewest mortgages since December 2023 in May ​and consumer lending grew less than expected, according to Bank ‌of...

South Korea rolled out sweeping chip ​and AI mega-projects on Monday, as President Lee Jae Myung pledged to cement overwhelming industry leadership...

China's central bank launched overnight reverse repo operations on Monday, a move markets interpreted as deepening its control over liquidity...

Asian stocks wobbled on Monday after Iran and the United States agreed to halt renewed hostilities that had cast a shadow over an interim...

The U.S. dollar held firm on Monday, on ​track for its biggest monthly gain in nearly a year, as Gulf tensions and elevated Treasury yields...

People in the Philippines are flocking to install solar power ​on rooftops and escape the burden of soaring electricity prices, making it the...

The S&P 500 ended marginally lower on Friday, with a steep drop in AI-related chip stocks and sharp gains ​in Moderna and other healthcare...

China's factory activity likely returned to growth in June, albeit by the slimmest of margins, as ​the world's second-largest economy...

Chinese self-driving ​technology firm Momenta Global launched its Hong Kong initial public offering on Monday, ‌seeking to raise up to HK$5.89...

Austria has proposed that the European Union should consider hosting Anthropic within ​the bloc's borders in order to counter efforts ‌by...

Australian AI infrastructure company Firmus Technologies said on Monday it had ​signed a strategic partnership with Nvidia Corp to help...

The U.S. trade deficit in goods swelled to a 14-month high in May as businesses boosted imports, ​likely to avoid shortages and higher prices...

    Samsung Group will pledge on ​Monday 1,000 trillion won ($648 billion) in South Korea over the next decade, a media report said, in...

Unilever is exploring a bid for U.S. supplements maker Thorne, the Financial Times reported on Friday, as the consumer goods giant accelerates...

Lululemon shareholders have elected three management-backed directors, including former Levi Strauss chief Chip Bergh, cementing the settlement of...

Crude prices plunged ​by about 3% on Friday, on course for steep weekly losses, on easing supply concerns ‌as more stranded oil...

China Eastern Airlines ‌said on Friday it plans to buy 25 A330neo jets from Airbus for a catalogue price of about $9.35 billion, as...

Banks and financial sector watchdogs must move quickly to adopt new technology to plug system vulnerabilities as AI ​supercharges cybersecurity...

Britain's pound was a touch firmer against a broadly softer dollar on Friday and was set to ​end a week that saw Keir Starmer...

Commerzbank on Friday ​published a letter to ‌shareholders again asking them to reject UniCredit's bid to buy ​shares,...

Even by SpaceX standards, Friday is shaping up as an eventful trading session as investment funds tracking Russell indexes prepare to add...

London's FTSE indexes slipped on ​Friday, weighed by a drop in commodity stocks and as uncertainty ‌around AI-related stocks plagued...

China's onshore technology IPOs are on track for their strongest year since 2023 as Beijing seeks to bolster listings of chip and artificial...

The dollar was a touch softer against other major currencies on ‌Friday as fresh economic data and Federal Reserve comments led markets to...

Euro zone consumers cut their near term inflation expectations in May and kept them steady for longer ​horizons, a European Central Bank survey...

Gold prices were on track for a ‌fourth consecutive weekly fall on Friday, as a resilient dollar and expectations of faster U.S. rate hikes to...

China's central bank instructed some commercial banks to increase their lending this month, people familiar with the matter said on Friday, the...

European shares opened lower on ‌Friday, with technology shares tracking global sector weakness, while Zalando fell after Germany's...

Asian shares pulled back ​on Friday after a stellar quarter, as Apple's hefty price hikes revealed the downside of booming chip demand, while...

Shares of Japanese chipmaker Kioxia slid 12% on Friday after a report that ChatGPT maker OpenAI ​was considering delaying its...

Moves to simplify bank regulation in the U.S. and Britain could end up making the system less safe if rules become easier for...

Annual core ​inflation in Japan's capital accelerated in June, data showed on Friday, a sign of broadening ‌price pressures from the...