Economic news

U.S. oilfield services provider Baker Hughes raised its full-year forecasts on Wednesday, ​reflecting the benefits of its $13.6 billion...

Tencent-backed AI chipmaker Shanghai Enflame Technology will make ​its Shanghai stock market debut on September 11, ‌an exchange...

A fight over major cryptocurrency legislation has spilled into the congressional summer recess, with the crypto industry and the banking sector...

The head of Italian auto suppliers lobby Anfia has urged the European Union to impose 80% tariffs on Chinese-made vehicles and parts above a...

The rate on the most popular U.S. home loan rose last week to its highest in more than 14 months, as escalating ​hostilities in the Middle East...

Zara owner Inditex reported weaker than ​expected second-quarter profit on Wednesday as costs increased due to the Middle East conflict,...

AI music startup Suno on Wednesday launched a suite of AI models in partnership with record companies Warner Music Group and BMG to allow users to...

The pound edged towards two-week ​highs against the dollar on Wednesday, shrugging off a rally in the oil price above $100 a ‌barrel as the...

London's FTSE 100 hit its ​lowest in near a week on Wednesday as oil rallied to ‌above $100 a barrel, renewing inflation worries and...

British food price inflation is likely to climb to nearly 4% by the end of the year and exceed 6% by the middle ​of 2027 due to the ongoing impact...

Benchmark Brent crude oil futures rose ‌past $100 a barrel on Wednesday, hitting a more than six-week high and breaching the symbolic...

Brent crude rallied towards $100 per barrel on ​Wednesday, keeping the mood in Asian stock markets subdued, as attacks intensified in...

Brent crude prices were trading close to $100 a barrel on Wednesday for the first ​time since July, as escalating attacks across the Middle East...

A rise in Japanese bond yields may prompt domestic institutional investors to keep more of their money ​at home, Fitch Ratings said in a report on...

The Japanese yen steadied ​near its strongest level since February on Wednesday, keeping the dollar on the defensive as traders grappled with oil...

Singapore-based Granite Asia is seeking ​to invest in mid-sized companies in sectors, including advanced manufacturing and healthcare across the...

Indian shares fell on Wednesday as a fresh escalation in the Middle East conflict had Brent ​crude hurtling toward $100 per barrel, a pain point...

The S&P 500 ended lower on Tuesday, with Salesforce and other software makers losing ground, while hostilities in the Middle ​East lifted oil...

Business confidence among big Japanese manufacturers climbed in September to its ‌highest level since December 2021, buoyed by robust...

China's factory-gate inflation gathered pace in August and consumer price growth quickened, ​driven largely by elevated energy costs tied to...

Australia said on Wednesday it sees no risk to its relationship with the United States after reports that the Trump administration criticised...

GE Aerospace ​said on Tuesday it would buy castings supplier Consolidated Precision Products for $11.75 billion, bringing a key part of its...

Bombardier shares pared earlier losses on Tuesday after President Donald Trump threatened the Canadian ​private jet maker’s access to...

Qualcomm on ‌Tuesday said Amazon could buy up to $60 billion of its AI data-center chips and related products under a long-term...

Most Gulf markets ended slightly higher on Tuesday, though gains remained modest as escalating hostilities between Washington ​and Tehran kept...

Britain sold £4.25 billion ($5.75 billion) of 30-year ​bonds on Tuesday with the highest yield since comparable records began in 1998,...

Sept 8 (Reuters) - Prediction market startup Kalshi said on Tuesday monthly commodities trading volume on its platform was four times that of...

Amazon hired banks on Tuesday for its first ever sterling bond ​sale, according to a memo seen by Reuters, ‌as hyperscalers rush to raise...

Novartis said on Tuesday its experimental drug for a muscle-wasting disorder ​failed a late-stage study, the second major trial setback in...

The pound dipped against the dollar on Tuesday, as investors waited to hear from several Bank of England policymakers, including Governor Andrew...

Holtec is targeting a valuation of up to $10.2 billion in its U.S. initial public offering, ​the nuclear technology company said on Tuesday, as...

London's benchmark FTSE 100 was little changed ​on Tuesday as oil prices hit multi-week highs and dampened risk appetite ‌in a week packed...

Sept 8 (Reuters) - Boston Scientific said on Tuesday it no longer expects to meet ​its previously issued third-quarter and full-year 2026...

Shares of Shenzhen Longsys Electronics ended 1% lower in their Hong Kong debut on ​Tuesday, after the Chinese data storage products maker raised...

The Japanese yen ​climbed to a near seven-month high on Tuesday, as growing expectations of a Bank of Japan rate hike next ‌week sent bearish...

Oil prices hit multi-week highs on Tuesday after Iran-backed Houthis ‌attacked Saudi energy facilities and Tehran threatened the United States...

China's export growth quickened last month, buoyed by strong overseas ​appetite for high-tech and AI-related products, providing vital support...

A surge in the yen and mixed economic data sent Asian stocks ​lower on Tuesday, while fresh Iranian threats in the Gulf drove commodity prices and...

Canada's retaliatory tariffs on U.S. goods took effect ​just after midnight on Tuesday as Prime Minister Mark Carney increased economic...

Japan's real wages rose 2.4% in July from a year earlier, marking the biggest increase since May 2021 ​and the seventh consecutive month of...

British retailers said on Tuesday that they would seek to create 100,000 jobs for young people not ​in employment or education by the time of next...

Sept 8 (Reuters) - Australia's Firmus said on Tuesday it had signed a multi-year deal with OpenAI to supply computing capacity ​from two...