Economic news


US: GM Tech Costs to Drop $20B by 2031 on Emissions Rules

US: GM Tech Costs to Drop $20B by 2031 on Emissions Rules

General Motors will see its technology costs decline by $20.4 billion through 2031 as a result ​of drastically lower vehicle fuel economy rules finalized Monday, the ‌US Transportation Department said. In total, the Trump administration estimates automakers' technology costs wi...


September 29, 2026
Gold Rises but Strong Fed Hike Bets Keep it near 7 Week-Low
Gold Rises but Strong Fed Hike Bets Keep it near 7 Week-Low

Gold prices ​rose 1% on Tuesday but expectations of tighter monetary policy by the ‌Federal Reserve driven by rising concerns of inflation...

S.African Rand Steady as Markets Weigh Mixed Economic Data
S.African Rand Steady as Markets Weigh Mixed Economic Data

The South African rand was little changed on Tuesday ​as investors weighed lower oil prices, higher ‌gold prices and domestic economic data...

UK Consumer Lending Rises at Fastest Pace since 1993, BoE
UK Consumer Lending Rises at Fastest Pace since 1993, BoE

Unsecured lending to British households rose at the fastest annual pace since at least ​1993 in August, Bank of England data showed on Tuesday,...

Canada's Growth Unchanged in July, August seen Up 0.2%
Canada's Growth Unchanged in July, August seen Up 0.2%

Canada's economic growth was flat in July, data showed on Tuesday, in line with expectations and signaling a slower ​start to the third quarter...

China Unveils Rate Cut, Mortgage Subsidies to Spur gGowth
China Unveils Rate Cut, Mortgage Subsidies to Spur gGowth

China unveiled measures on Tuesday ​designed to steer cheaper credit into a range of sectors including infrastructure and technology, as well as...

Germany's Wealth Transfers Concentrated in West, Destatis
Germany's Wealth Transfers Concentrated in West, Destatis

Inheritances and gifts in Germany remained heavily concentrated in the ​country's western states in 2025, with ‌95% of taxable asset...

FTSE 100 Rises as AstraZeneca Lifts Healthcare Sector
FTSE 100 Rises as AstraZeneca Lifts Healthcare Sector

London's FTSE 100 ​rose on Tuesday, lifted by pharmaceutical stocks after AstraZeneca agreed ‌to take a $2 billion stake in Summit...

Rupiah Breaches 18,000/dlr on Rising Yields, Oil
Rupiah Breaches 18,000/dlr on Rising Yields, Oil

Indonesia's rupiah breached 18,000 per US dollar for the first time in ​nearly two months on Tuesday, as Asian currencies stayed under pressure...

Dollar climbs as oil, US yields stay high; jobs data looms
Dollar climbs as oil, US yields stay high; jobs data looms

The dollar rose on Tuesday, set to surpass several-month highs against major peers, as volatile oil prices and a rapid ​climb in Treasury yields...

Oil Prices Rise on Continued Middle East Supply Concerns
Oil Prices Rise on Continued Middle East Supply Concerns

Oil prices rose for a second ‌successive session on Tuesday as lingering concern over Middle East supply disruption brought about by the...

Higher yields, oil prices test global stocks as rate fears
Higher yields, oil prices test global stocks as rate fears

Oil prices rose and ​bond yields were pinned at multi-year highs on Tuesday, leaving equities in a tricky spot, as investors braced for an...

Euro's Dollar Resilience Faces Energy, Political Risks
Euro's Dollar Resilience Faces Energy, Political Risks

The fortunes of the euro, trading not far off its lowest levels of the year against ​the dollar, are in the grip of a global energy shock and...

China Factories Seen Rebounding as Beijing Signals more Aid
China Factories Seen Rebounding as Beijing Signals more Aid

China's factory activity likely swung back to growth in September after two months of ​contraction, a Reuters poll showed on Tuesday, though a...

Stocks Fall as Higher Oil Prices, Treasury Yields Weigh
Stocks Fall as Higher Oil Prices, Treasury Yields Weigh

US stocks fell on Monday as oil prices and Treasury yields increased, with investors weighing uncertainty over the prospects ​for an Iran war peace...

UK Shop Price Inflation Slows Despite Costs Pressures, BRC
UK Shop Price Inflation Slows Despite Costs Pressures, BRC

British shop price inflation slowed slightly in September despite rising costs pressures on retailers caused by the ​Iran war, according to a...

ECB Eyes Currency Safety Nets to Boost Euro's Global Role
ECB Eyes Currency Safety Nets to Boost Euro's Global Role

The European Central Bank plans to expand currency safety nets to make it easier for ​foreign central banks to borrow euros, ECB President...

September 28, 2026
UK Shares Mixed as Miners, Yields Offset Homebuilder Rally
UK Shares Mixed as Miners, Yields Offset Homebuilder Rally

London's FTSE 100 inched lower on Monday as weaker metal prices and rising bond yields ​kept risk appetite in check, while a rally in...

Evonik Rejects BASF Offer as Too Low, Sources Say
Evonik Rejects BASF Offer as Too Low, Sources Say

German chemicals maker ​Evonik has rejected ‌a takeover offer of about €22.15 per ​share from ​larger peer BASF as ⁠too low,...

UK Long-Run Inflation Expectations near 15-mth High in Sept
UK Long-Run Inflation Expectations near 15-mth High in Sept

Long-term public inflation expectations in Britain came close to their highest level in more than a year in September, adding ​to pressure on the...

Shein Reports Sharp Drop in Europe Sales after Price Hikes
Shein Reports Sharp Drop in Europe Sales after Price Hikes

Fast-fashion platform Shein reported a sharp drop in sales in Europe in the second quarter after it hiked prices and cut online advertising in...

UK Housebuilder Shares Rally on Help for First-Time Buyers
UK Housebuilder Shares Rally on Help for First-Time Buyers

British housebuilder stocks surged on Monday ‌after the government confirmed plans for a new first-time buyer support scheme in next...

ICE Launches New LNG, Freight and UK Power Derivatives
ICE Launches New LNG, Freight and UK Power Derivatives

The Intercontinental Exchange announced the launch of new JKM LNG (Platts) options, LNG Balmo ​freight futures, and UK base electricity...

US Holiday Online Sales to Grow 6.7%, Adobe Forecasts
US Holiday Online Sales to Grow 6.7%, Adobe Forecasts

Sept 28 (Reuters) - US online sales will likely grow 6.7% this holiday season, nearly the same ​pace as last year, as promotions attract...

RBI to Raise Rates to 5.50% in Oct on Inflation: Poll
RBI to Raise Rates to 5.50% in Oct on Inflation: Poll

The Reserve Bank of India is expected to raise interest rates by 25 basis points to 5.50% in October, the first increase since 2023, with ​one more...

India’s Aug Industrial Output Jumps 8% as Output Surges
India’s Aug Industrial Output Jumps 8% as Output Surges

India's industrial output grew at a stronger-than-expected pace of 8% in August, ​government data showed on Monday, boosted by a...

Airbus Probes A321neo Flaw as Repair Plan Eases Disruption
Airbus Probes A321neo Flaw as Repair Plan Eases Disruption

Airbus and Italy's Leonardo are investigating a glitch at a privately held coatings firm ‌that triggered a quality alert...

Sterling Rebounds vs Dollar, Euro on Bets for Tighter BoE
Sterling Rebounds vs Dollar, Euro on Bets for Tighter BoE

The pound rebounded from multi-month lows ​against both the dollar and the euro on Monday as investors priced in tighter monetary policy ‌from...

Nvidia AI Safety Tool Aims to Stop Hugging Face Hacks
Nvidia AI Safety Tool Aims to Stop Hugging Face Hacks

Nvidia on Monday made available a set of software safety tools for AI agents that it says would have stopped the hack ​of Hugging Face, the AI...

European Shares Rise as UK Homebuilder Rally Offsets Drag
European Shares Rise as UK Homebuilder Rally Offsets Drag

European shares climbed on Monday, supported by a rally in British housebuilders, although gains were ‌capped by a rebound in oil prices and...

Stocks Fall as Middle East Stalemate Boosts Oil
Stocks Fall as Middle East Stalemate Boosts Oil

Global stocks fell on Monday, as oil jumped on the stalemate in US-Iranian talks, ahead of a week already ​packed with macroeconomic risk,...

Oracle-Blue Owl Delay Ripples Through AI Financing, Sources
Oracle-Blue Owl Delay Ripples Through AI Financing, Sources

Oracle's move to protect itself against potential delays at a massive data center ​project developed by Blue Owl in New Mexico sent a...

Wall Street Ends Higher on AI Demand; Microsoft Rallies
Wall Street Ends Higher on AI Demand; Microsoft Rallies

Wall Street ended higher on Friday, lifted by Microsoft ​and other AI-related technology stocks, while high oil prices and a recent surge in US...

Akamai Signs $11.6B Anthropic Cloud Deal, Grants 5% Warrant
Akamai Signs $11.6B Anthropic Cloud Deal, Grants 5% Warrant

Akamai Technologies signed an $11.6 billion cloud services deal with Anthropic on ​Thursday, and issued a warrant that could give the AI lab...

China Industrial Profit Growth Slows as Imbalances Deepen
China Industrial Profit Growth Slows as Imbalances Deepen

China's industrial profit growth slowed further in August as strength in technology ​manufacturing amid the AI boom was outweighed by...

September 25, 2026
AI Messaging Scam Costs Italy’s Intesa Millions, Sources
AI Messaging Scam Costs Italy’s Intesa Millions, Sources

Fraudsters using AI to impersonate senior executives stole €95 million ($108 million) from Fideuram, the private banking arm of Italy's...

US Consumer Sentiment Eases to Four-Month Low in September
US Consumer Sentiment Eases to Four-Month Low in September

US consumer sentiment slipped to a four-month low in September amid worries that rising inflation would ​erode households' purchasing power, a...

Data Center IPO Hopefuls Face Market as Scrutiny Grows
Data Center IPO Hopefuls Face Market as Scrutiny Grows

Data center operator DayOne is pushing ahead with its plans to go public as soon as November, according to three people familiar with ​the matter,...

Lumen Technologies to Move Stock Listing to Nasdaq
Lumen Technologies to Move Stock Listing to Nasdaq

Lumen Technologies said on Friday it plans to transfer the listing of its common ​stock and two Qwest Corp notes ‌to Nasdaq from the New...

Volkswagen Recalls 4 Million Cars, Handelsblatt Reports
Volkswagen Recalls 4 Million Cars, Handelsblatt Reports

German auto group Volkswagen will recall around 4 million vehicles across ​four brands in the biggest such ‌action since the Dieselgate...

MS Revamps Copilot with Code Generation, Agentic AI Tools
MS Revamps Copilot with Code Generation, Agentic AI Tools

Microsoft on Friday unveiled several new capabilities in its Copilot app, including a coding tool and an always-on ​AI agent, as the software giant...

German Lower House Approves Fuel Tax Discount
German Lower House Approves Fuel Tax Discount

Germany's lower house of parliament approved on Friday the ​second temporary gasoline tax discount this year, ‌which will cost...

ADARx Pharmaceuticals Raises $446.3 mln in Upsized US IPO
ADARx Pharmaceuticals Raises $446.3 mln in Upsized US IPO

ADARx Pharmaceuticals said on Thursday it had raised $446.3 million in an upsized US initial public offering, reflecting ​growing investor...


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