Economic news


France Rules Out Broad Energy Aid Despite Lower Deficit

France Rules Out Broad Energy Aid Despite Lower Deficit

French Prime Minister Sebastien Lecornu ruled out on Friday using any fiscal leeway from a better-than-expected budget deficit to provide broad financial support to shield businesses or consumers from rising energy prices. Lecornu's minority government is under pressure from ​opposition ...


March 27, 2026
Italy investigates Sephora over marketing cosmetics to children
Italy investigates Sephora over marketing cosmetics to children

Make-up retail giant Sephora is under investigation in Italy over marketing adult beauty ​products to children, which the Italian competition...

UK Economy Shows 1st Hits from Iran War, Putting Policymakers to Test
UK Economy Shows 1st Hits from Iran War, Putting Policymakers to Test

Britain's government and the Bank of England say it is too soon to judge the economic hit from the Iran war, but the first strains are...

GBP Heads for Biggest Monthly Loss against Safe-Haven USD since Oct
GBP Heads for Biggest Monthly Loss against Safe-Haven USD since Oct

The pound fell for a fourth day on Friday, as it headed for its weakest monthly performance against the dollar since October, as fears of a ​global...

UK Equities Head for 4th Weekly Decline amid Lingering Middle East Concerns
UK Equities Head for 4th Weekly Decline amid Lingering Middle East Concerns

The ​UK's main stock indexes were on track for a ‌fourth straight week of losses on Friday, as investors remained on edge due to...

Pernod Ricard Tie-Up with Jack Daniel's Maker would Test Family Influence
Pernod Ricard Tie-Up with Jack Daniel's Maker would Test Family Influence

A prospective tie-up between France's Pernod Ricard and Jack Daniel's maker Brown-Forman would ‌test whether the powerful families...

Santander Reaffirms Targets as its Divisified Business Helps to Cushion against Economic Uncertainty
Santander Reaffirms Targets as its Divisified Business Helps to Cushion against Economic Uncertainty

Santander on Friday reaffirmed its 2026–2028 financial targets despite global economic uncertainty, citing its diversified business...

Bank of Spain Raises Economic Outlook for 2026, Trims it for 2027
Bank of Spain Raises Economic Outlook for 2026, Trims it for 2027

Spain's central bank ​on Friday raised its outlook for economic growth this year to ‌2.3%, though it trimmed its forecast for 2027 over...

European Shares Fall on Uncertainty over Mideast War
European Shares Fall on Uncertainty over Mideast War

European shares ‌fell on Friday in a broad selloff as investors remained wary about the outlook of the Middle East war that has stoked...

Euro Zone Consumers Cut Inflation Outlook before Iran War, ECB survey
Euro Zone Consumers Cut Inflation Outlook before Iran War, ECB survey

Euro zone consumers were reducing their inflation expectations in ​the run-up to the U.S.-Israeli war on ‌Iran, before a surge in energy...

China's Bank of Communications Posts 2.2% Profit Rise in 2025
China's Bank of Communications Posts 2.2% Profit Rise in 2025

Bank of Communications, one of ‌China's major five state-owned banks, reported on Friday a 2.2% ​rise in net profit ​last year. Net...

Japan to Relax Rules from Apr to Boost Coal-Fired Power amid LNG Import Risks
Japan to Relax Rules from Apr to Boost Coal-Fired Power amid LNG Import Risks

Japan's industry ministry will relax ‌rules for one year to increase the use of coal-fired power plants in the fiscal year starting April,...

Gold Demand Improves in India as Prices Ease; China sees Softer Buying
Gold Demand Improves in India as Prices Ease; China sees Softer Buying

Gold demand in India saw a slight ‌uptick this week as softer bullion prices attracted some buyers, though many remained cautious and held off...

Gold Rises on Softer Dollar, on Track for Fourth Weekly Drop
Gold Rises on Softer Dollar, on Track for Fourth Weekly Drop

Gold rose 2% on Friday, buoyed by a weaker dollar and ‌bargain hunting, but was on track for a fourth straight weekly decline as surging...

Dubai Crude's Premium Slumps, Sellers Pile Offers onto TotalEnergies
Dubai Crude's Premium Slumps, Sellers Pile Offers onto TotalEnergies

The spot premium for Dubai crude has slumped by more than half ‌to hit its lowest level in three weeks after more sellers emerged and piled on...

UK Retail Sales Fall Back in Feb ahead of Iran War Impact
UK Retail Sales Fall Back in Feb ahead of Iran War Impact

British retail sales fell in February after the strongest growth in a year and a half ​in January, official figures showed on Friday, ahead of a...

Asian Govts Scramble to Assure Markets, Middle East War Saps Confidence
Asian Govts Scramble to Assure Markets, Middle East War Saps Confidence

A growing list of governments in the Asia-Pacific region are scrambling to calm financial markets and shore up liquidity, as the U.S.-Israeli war...

Asian Stocks Pare Losses as Oil Prices Dip, Wall St Futures Rise
Asian Stocks Pare Losses as Oil Prices Dip, Wall St Futures Rise

Asian shares ​pared losses on Friday as another delayed deadline in the Middle East war nudged oil prices lower, though ‌there was still no...

Hong Kong's Home Prices Climb for 9th Straight Month in Feb
Hong Kong's Home Prices Climb for 9th Straight Month in Feb

Private home prices in Hong Kong rose 1.6% in February, marking a ninth consecutive ​month of increase, as improved sentiment supported the...

Nasdaq Confirms Correction, Wall St Slumps on Middle East Uncertainty
Nasdaq Confirms Correction, Wall St Slumps on Middle East Uncertainty

The Nasdaq tumbled more than 2% to confirm a correction on Thursday while the S&P 500 and the Dow fell more than 1%. Investors scrambled for...

BOJ Likely to Warn of Inflation Whiplash from Iran War, ex-Central Bank Executive
BOJ Likely to Warn of Inflation Whiplash from Iran War, ex-Central Bank Executive

The Bank ​of Japan is likely to warn of possible huge swings to underlying inflation in next month's quarterly report, as the Middle East...

BoC says it will have Tough Job Tackling Structural Changes
BoC says it will have Tough Job Tackling Structural Changes

The Bank of Canada on Thursday predicted it would have "a tough job" tackling the structural changes that it said ​were set to...

March 26, 2026
Poland to Cap Fuel Prices, Orlen Shares Sink
Poland to Cap Fuel Prices, Orlen Shares Sink

Poland will slash fuel taxes, cap ‌pump prices and may pursue a windfall tax on energy companies, the prime minister said on Thursday,...

Low US Weekly Unemployment Claims Indicate Labor Market Stable
Low US Weekly Unemployment Claims Indicate Labor Market Stable

New applications for U.S. unemployment benefits rose slightly last week, suggesting the labor market remains stable and likely giving the Federal...

GBP Falls for 3rd Day as Investors Favour Safe-Haven USD
GBP Falls for 3rd Day as Investors Favour Safe-Haven USD

The pound fell against the dollar for a third day on Thursday, as investors favoured the U.S. currency above most other assets in the face of a...

Defense Technology Startup Shield AI Valued at $12.7B in latest Funding Round
Defense Technology Startup Shield AI Valued at $12.7B in latest Funding Round

Shield AI is raising $2 billion in a new funding round at a $12.7 billion valuation, as the defense technology startup looks ​to expand its...

Turkish Gold Reserves in Largest Drop in 7 Years, Data Shows
Turkish Gold Reserves in Largest Drop in 7 Years, Data Shows

The Turkish Central Bank's gold reserves fell by almost 50 tonnes to 772 tonnes last week, bank data showed, marking the largest...

Warner Bros Shareholders to Vote on $110B Paramount Merger on Apr 23
Warner Bros Shareholders to Vote on $110B Paramount Merger on Apr 23

Warner Bros Discovery said on Thursday ​shareholders will vote on its planned $110 billion merger ‌with Paramount Skydance on April...

Equitable, Corebridge Set to Merge, Create $22B US Insurance Giant
Equitable, Corebridge Set to Merge, Create $22B US Insurance Giant

U.S. insurers Equitable and Corebridge Financial said on Thursday they will merge in an all-stock deal that would create a $22 billion...

Fuel-Thirsty Asian Countries Line Up for Russian Oil
Fuel-Thirsty Asian Countries Line Up for Russian Oil

Asian ​countries including Vietnam, Thailand, the Philippines, Indonesia and Sri Lanka are lining up ‌to buy Russian oil as the Iran war...

Shares in Italy's Nexi Fall as Longtime CEO Steps Down
Shares in Italy's Nexi Fall as Longtime CEO Steps Down

Shares in Italy's ‌Nexi fell on Thursday, underperforming a weak Milan market, after Europe's biggest payments company said its...

European Payments Initiative CEO says Trump Fears are Boosting its Appeal
European Payments Initiative CEO says Trump Fears are Boosting its Appeal

Fears that ​President Donald Trump's administration could limit Europe's access to U.S. payments infrastructure are boosting regional...

European Retailers Warn of Price Shock, Weaker Demand from Prolonged Middle East Conflict
European Retailers Warn of Price Shock, Weaker Demand from Prolonged Middle East Conflict

Europe's retailers warned on Thursday that a prolonged Middle East conflict could push up sticker prices in Europe and ‌dent...

Helium Shortage has Started Impacting Tech Supply Chains, Execs
Helium Shortage has Started Impacting Tech Supply Chains, Execs

Tightened supply of helium due to the Middle East conflict has started affecting some production in the global tech supply chains, leaving...

Volkswagen's Biggest Investor Increases Defence Focus after Earnings Slump
Volkswagen's Biggest Investor Increases Defence Focus after Earnings Slump

Porsche ​SE announced increased investments in defence on Thursday after bearing the brunt of a drop in ‌2025 earnings at its core...

India Secures 60 Days of Oil Supply amid Hormuz Disruption
India Secures 60 Days of Oil Supply amid Hormuz Disruption

India has secured crude oil supplies for the next 60 days, ensuring stable fuel supplies in the country despite disruption ​in shipments from the...

Greece Plans Further Minimum Wage Rise amid Iran War Pressure
Greece Plans Further Minimum Wage Rise amid Iran War Pressure

Greece will raise its gross monthly minimum wage by 4.5% from April, the sixth rise in four years, it ​said on Thursday, as it seeks to restore...

Hong Kong Close to Proposing Tax Cuts to Lure Asset and Wealth Managers
Hong Kong Close to Proposing Tax Cuts to Lure Asset and Wealth Managers

The Hong Kong government is ‌close to proposing changes to its carried interest regime that would make tax breaks more accessible to asset and...

UK's Main Indexes Drop 1% on Middle East Uncertainty
UK's Main Indexes Drop 1% on Middle East Uncertainty

London's FTSE indexes dropped more than ​1% on Thursday, as lingering uncertainty about a potential end to ‌the Middle East conflict...

European Shares Fall over 1% as Middle East Conflict Fans Inflation Worries
European Shares Fall over 1% as Middle East Conflict Fans Inflation Worries

European shares fell on Thursday as investors grappled with the ‌prospect of an imminent rate hike by the European Central Bank and dimming...

Shares in Nexi Fall as Finance Chief Mingrone Picked to Replace Longtime CEO
Shares in Nexi Fall as Finance Chief Mingrone Picked to Replace Longtime CEO

Shares in Italy's Nexi fell in early trade on Thursday, underperforming a weak ​Milan market, after Europe's biggest payments company...

Bank of Japan's new Trend Gauge Shows Inflation Exceeding Target
Bank of Japan's new Trend Gauge Shows Inflation Exceeding Target

The Bank of ‌Japan said on Thursday the core consumer price index rose 2.2% excluding special factors in February, releasing the new gauge for...

Gold Drops 1% as Markets Assess Mideast Ceasefire Prospects
Gold Drops 1% as Markets Assess Mideast Ceasefire Prospects

Gold prices ‌fell on Thursday after two consecutive sessions of gains, as investors awaited clearer signs of progress in Middle East...


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