Economic news

More Americans are dropping out or being kicked off Obamacare health insurance for non-payment than in past years, according to data through April...

U.S. and Mexican negotiators begin formal talks to revamp the North American trade ​deal on Thursday, with Washington demanding stronger regional...

Rising airfares and hotel rates are making budget-conscious Americans delay or cancel summer trips while wealthy travelers ​are holding fast to...

Oil ‌prices jumped more than 2% on Thursday after Iran's Revolutionary Guards said they had targeted a U.S. airbase in response...

Norwegian oil and gas ‌companies have raised their projected investments for 2026 and 2027 compared to estimates made three months ago, but...

The U.S. dollar was slightly higher on Thursday, after touching ​its strongest level since early April, as doubts grew over prospects of a deal to...

Gold prices dropped to a two-month ‌low on Thursday as inflation fears were stirred up after the U.S. and Iran traded more air strikes,...

Sterling slipped for a third straight day against both the euro and the dollar, as investors focused on Middle East tensions and lingering domestic...

Europe may struggle to respond to risks from links between crypto assets and banks in the way U.S. authorities contained ​damage during the 2023...

Stocks retreated from record highs on Thursday after a fresh U.S. military strike on Iran and Kuwaiti reports of missile attacks...

Foreign investors bought Japanese stocks for the eighth straight week through May 23, as oil prices eased and ​AI-related shares rallied...

The Bank of Korea kept its benchmark interest rate ​unchanged on Thursday, while a hawkish split within its seven-member board signaled an imminent...

UK auto production fell 1.2% year-on-year in April as a drop in commercial vehicle output and weak exports ​to China weighed on the industry, data...

Nvidia's chief executive said on Wednesday the ​chip company plans to invest around $150 billion a year in Taiwan, terming it the...

The yen fell ‌to its weakest in nearly four weeks against the U.S. dollar on Wednesday, inching towards levels that triggered official...

If Ferrari wanted to grab the world's ​attention with the Luce, its first all-electric car, mission accomplished - even if much of the...

Canada is pushing more of its aluminium towards Europe to make the ​most of higher premiums on offer, after its neighbour the United States imposed...

Exxon Mobil shareholders on Wednesday approved the company's plan to redomicile in Texas, marking a win for the top U.S. oil producer...

Gucci will become title partner to Renault's Alpine Formula One team ​from the 2027 season, the Italian luxury brand said on...

Chevron ​shareholders rejected a proposal that would ‌have required an independent board chair separate from the CEO role, according to...

Intercontinental Exchange, one of the world's biggest operators of trading platforms, reported on Wednesday record liquidity across ​its global...

MILAN, May 27 (Reuters) - A planned joint venture between Eni and Malaysia's state energy company ​Petronas, named SEARAH, is...

Euro zone banks need to invest more in cybersecurity if they are to get a ​grip on new AI models that can find flaws in ‌software, the...

Iran says new US strikes violate ceasefire US April PCE data due on Thursday Fed's Kashkari calls for focus on inflation risk Traders see...

UK shares edged higher on Wednesday as hopes of a resolution to the Iran war pushed down crude prices and lifted risk ​appetite, with upbeat...

The pound fell for a second day against the euro ​on Wednesday and made little headway against the dollar, as doubts about the likelihood of peace...

Indian stocks are set for their first annual decline in more than a decade, a Reuters poll of equity ​analysts found, as an exodus of foreign...

India's ​rice exports in the first four months of 2026 fell marginally from a ‌year earlier as the U.S.-Israeli war with Iran...

The U.S. dollar, long stuck in a tight trading range, could be in for a break higher as the Federal Reserve shifts its focus to fighting worrisome...

SK Hynix topped $1 trillion ​in market value for the first time on Wednesday, joining its memory chip rivals Samsung Electronics and Micron...

The deal Samsung Electronics struck with its union averts a massive strike and gives its memory chip ​workers eye-popping bonuses. It also...

European shares will struggle to post further gains for the rest of this year, a Reuters poll found, weighed down by the ​economic hit from the...

Japan's Nikkei share average retreated from a record peak to end nearly ​flat on Wednesday, as investor caution grew about the ‌fast-paced...

Demand for electrified cars kept Europe's auto market growing in April, offsetting weaker petrol and ​diesel demand and helping Chinese brands...

Asian shares climbed to record highs while oil prices remained elevated on Wednesday, as markets looked for signals that ​a shaky truce...

BlackRock would back consolidation among large miners ​because it would open the sector to generalist investors at a scale that would make ‌it...

Hong ​Kong has overtaken Switzerland as the top global booking centre for cross-border wealth, ‌a first that is unlikely to be reversed as...

The S&P 500 and Nasdaq hit record closing highs on Tuesday, as AI-fueled optimism offset anxiety over Middle ‌East peace talks —...

Australian consumer prices increased by less than expected in April thanks to a government tax cut on fuel, data showed on Wednesday, while core...

China's industrial profits ​in April grew at the fastest pace since November 2023, despite financial pressures stemming from softening...

Micron Technology briefly topped $1 trillion in market value for the first time on Tuesday, crowning ​a dizzying rally that has cemented the...

BP has ousted Chair Albert ​Manifold with immediate effect, it said on Tuesday, citing governance and conduct issues, with four sources...