Economic news

Gold held largely steady on Friday and was on track for ‌a fourth straight weekly gain, as hopes for a U.S.-Iran peace deal eased fears of...

The U.S. dollar headed for a second consecutive weekly decline on ​Friday, while the euro and British pound steadied around pre‑war levels, as...

Apple's iPhone shipments surged 20% in China in the first quarter, ​for the strongest growth among major vendors, despite an overall...

Budapest-listed Premier Energy ​has agreed to buy Evryo ‌Group's power distribution network from Australia's Macquarie for...

Dutch technology investor ‌Prosus on Friday said it has agreed to ​sell a 4.5% stake ​in Germany's Delivery Hero ⁠to...

South Korea's capital markets are luring back foreign buyers after a brutal March, as ​hopes of stability in the Middle East, a red-hot AI...

U.S. crude cargo prices have retreated from recent price spikes ​while prices in Europe and Asia continued to hit record highs almost seven weeks...

Indian banks have halted gold and silver ​import orders from overseas suppliers, with tons of the metals stuck at customs as a formal government...

Spirit Airlines' bankruptcy exit plan is under renewed pressure after a ​sharp rise in jet fuel prices undermined key assumptions behind its...

JPMorgan Chase, Barclays and other Wall Street ​banks have started trading credit default ‌swaps linked to flagship private credit funds...

Kering's biggest ‌brand Gucci must rebuild its position in China after years of complacency when it treated the market as a place for easy...

Meta Platforms said on Thursday it would increase the prices of its virtual reality headsets from April 19 in the United ​States due to rising...

BNY reported a rise in ​first-quarter profit on Thursday, as the world's largest custodian bank was helped ‌by strong fee income and...

PepsiCo's price cuts for salty snacks in the U.S. ​and resilient demand for diet sodas helped it top Wall Street estimates, providing a...

U.S. factory production unexpectedly fell in March after two straight months of solid gains, weighed down by decreases in the output of motor...

New applications for U.S. unemployment benefits fell last week, suggesting labor market conditions remained stable, though employers are cautious...

Hedge funds are on track for their best monthly performance in more than a decade, after overcoming a market downturn in March ​triggered by the...

The European Central Bank entered the current inflation ​shock in a strong position ‌as the bloc managed to resolve many of its economic and...

The European Commission has proposed that Google allow third-party ​search engines to access its search data, including that of artificial...

Japan should gradually raise interest rates and keep any fiscal stimulus targeted given ​robust domestic demand and steady wage gains, a...

Asia is more vulnerable to an energy shock ‌than other regions because of its heavy reliance on Middle East fuel, an International Monetary...

European blue-chip ​companies are set to deliver meagre profit growth in the ‌first quarter, the latest forecasts showed on Thursday, though...

U.S. Bancorp reported a 13.6% jump in first-quarter profit on Thursday, driven by higher interest income and fee revenue. Loan growth...

Britain's economy put on a burst of growth in February, suggesting it was in slightly better shape before the start of the Iran war than many...

April 16 (Reuters) - UK's main stock ‌indexes edged higher on Thursday, supported by strength in materials and financials, as hopes grew...

German banks and national authorities are examining risks around Anthropic's new artificial intelligence model, an official said on ​Thursday,...

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...

LONDON, April 16 (Reuters) - Sterling rose slightly on Thursday after data showed the British economy grew rapidly in February and...

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...

China's industrial output rose 5.7% in March from ​a year earlier, slowing ​from 6.3% growth in January-February, ⁠as the fallout from ​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...

Australian employment rose broadly in line with expectations in March, while the jobless rate stayed low, but a war-driven ​global energy shock...

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...