Economic news

Shares of European money managers fell sharply on Wednesday following a steep selloff in U.S. rivals a day earlier, as they became the latest firms...

UK midcap stocks fell on Wednesday, with British wealth managers slumping as the sector became the latest casualty of fears of disruption...

European shares fell on Wednesday, weighed by technology and financials stocks on persisting worries that newer artificial intelligence models...

Germany's Commerzbank, fending off a possible takeover by Italy's UniCredit, said on Wednesday that net profit in 2026 would probably...

Siemens Energy's net profit nearly tripled in the first three months of its fiscal year, boosted by AI-driven demand for gas turbines and...

TotalEnergies will halve share buybacks in the first quarter, it said on Wednesday, as low oil and gas prices negated soaring fourth-quarter...

Finnish carrier Finnair reported an unexpected jump in fourth-quarter profit on Wednesday and forecast higher earnings this year, helped by...

Schindler expects U.S. tariffs to have an annual gross impact of 18 million Swiss francs ($23.5 million) on its bottom line, the lift...

Gold prices gained on Wednesday, buoyed by a weaker dollar and lower Treasury yields, while investors awaited key U.S. jobs data later in the day...

China's coal output is expected to rise 35 million metric tons to 4.86 billion tons in 2026, a major coal industry group said on Tuesday, the...

German submarine maker TKMS reported a $22 billion order backlog - a new record - and raised its 2026 sales outlook on Wednesday, citing a...

Oil prices gained on Wednesday, buoyed by escalating risk as U.S.–Iran talks remained tenuous, while signs of an easing surplus spurred by...

China's consumer inflation cooled in January while producer price deflation persisted, highlighting once again the underlying weakness in...

The yen surged on Wednesday as investors bet that Prime Minister Sanae Takaichi's landslide election victory puts her in a strong...

Domino's Pizza Enterprises has tapped former McDonald's executive Andrew Gregory as its CEO, pinning hopes on the quick‑service...

The UK's FTSE 100 closed lower on Tuesday, as shares of BP slid after the oil major suspended its share buyback programme, while Standard...

The European Commission has approved a request by Volkswagen's Cupra brand to free its Tavascan SUV coupe, which is made in China, from import...

U.S. retail sales were unexpectedly unchanged in December as households scaled back spending on motor vehicles and other big-ticket items,...

S&P Global forecast 2026 profit below Wall Street expectations on Tuesday, with growing investor unease over AI-driven disruption sweeping...

The U.S. dollar traded mostly lower against major currencies on Tuesday following data indicating slower growth in the American economy, while the...

Gold fell more than 1% on Tuesday as the market consolidated ahead of U.S. jobs and inflation data that could offer further clues to the Federal...

Oil prices were little changed on Tuesday as the market waited for direction from news on Iran and Russia and data on the U.S. economy and U.S. oil...

The S&P 500 and the Nasdaq edged lower on Tuesday, bogged down by declines in the communication services and technology sectors, while...

Ferrari has received very positive feedback form clients over its first fully-electric model, ahead of pre-orders scheduled to open next month,...

Brazil's annual inflation edged up in January, broadly in line with expectations, while remaining within the official target range, data from...

Germany's Commerzbank, fending off a possible takeover by Italy's UniCredit, said on Tuesday that net profit in 2025 fell slightly as it...

Brazil's instant-payment system Pix is likely to account for half the nation's e-commerce transactions by 2028, widening its lead over...

Industrial materials maker DuPont forecast full-year net sales and adjusted profit above analysts' expectations after it beat...

Luca De Meo, the CEO of Gucci-owner Kering, said on Tuesday the crisis at high-end department ​store conglomerate Saks Global shows that...

Most major Gulf stock markets were subdued in early Tuesday trading as investors booked profits and oil prices softened, while Qatar's index...

European insurance stocks fell sharply on Tuesday as investors reacted to a selloff in U.S. insurance brokers, triggered by concerns that new...

French wine and spirits exports fell for a third consecutive year in 2025 as U.S. tariffs and duties in China hurt sales, and the outlook remains...

Foreign outflows from Asian stocks rose sharply in the first week of February as South Korea and Taiwan came under pressure from a global selloff...

Britain secured a record amount of solar power in an auction offering guaranteed electricity price contracts to renewable projects, the government...

BP suspended its share buyback programme and took about $4 billion of charges in its renewables and biogas assets, sending its shares down as...

Malaysia's economy likely expanded at its fastest pace in more than a year in the final quarter of 2025, supported by strong domestic demand...

Standard Chartered's, shares tumbled on Tuesday after the lender said its Chief Financial Officer Diego De Giorgi had left the bank. The...

World shares were back at record highs on Tuesday, led by an extended rally in Japan after Prime Minister Sanae Takaichi's decisive weekend...

Drinking a few cups of caffeinated coffee or tea every day may help in a small way to preserve brain power and prevent dementia, researchers...

India's fuel consumption fell to 21.05 million metric tons in January from 21.71 million the previous month, which was the highest monthly...

Databricks said on Monday it has raised about $5 billion in funding at a $134 billion valuation, as the data analytics software startup bolsters...

Ferrari released teaser images of its new fully electric sports car on Monday, revealing the name and interior design of the eagerly awaited...