Economic news

The owner of most IKEA outlets worldwide said on Thursday it would cut some of its office-based workforce, with 800 roles likely affected, in an...

Italian energy group Eni said on Thursday it was raising the top end of its ​distribution range for the next five years and would pay an...

The Swiss National Bank kept its policy rate on hold on Thursday in the face of ​uncertainty over the Iran war, and signalled its increased...

Sterling was steady on Thursday as markets focused on the Bank of England's interest rate decision later in the day, with investors looking...

European shares slid to a near two-week low on Thursday, as the escalating ​conflict in the Middle East drained appetite for risk ahead of the...

The Swiss National Bank made the following statement after its policy review on Thursday: The Swiss National Bank is leaving the SNB policy...

Taiwan's central bank on Thursday raised its growth outlook substantially for ‌the year thanks to booming tech exports, but it also raised...

British wages rose at their slowest pace ​since late 2020 in the three months to January, according to official data which also suggested a...

  Gold prices fell to their lowest level ‌in more than a month on Thursday, pressured by a stronger dollar and rising Treasury yields,...

Oil prices jumped on Thursday, with ​benchmark Brent rising to its highest in more than a week to more than $115 a barrel, after Iran...

The U.S. dollar was steady on Thursday while ​the yen strengthened slightly against the greenback after the Bank of Japan left rates...

Samsung Electronics said on Thursday that ​it plans to invest more ‌than 110 trillion won ($73.24 billion) this year in research and...

KNDS CEO Jean-Paul Alary said the tank maker remains on track for a planned stock ​market listing this year despite political debate ‌about...

Stocks slid and oil prices rose sharply on Thursday after a major escalation in the ​U.S. and Israel's war with Iran rattled...

The Bank of England on Thursday ​looks set to delay an interest rate cut that seemed a sure bet before the war in the ‌Middle East, and...

China is expected to keep benchmark lending rates steady for the 10th consecutive month in March on Friday, a Reuters survey showed, as rising...

Cryptocurrency exchange Kraken ​has put its multibillion-dollar ‌initial public offering plan on hold, CoinDesk reported on Wednesday, ​citing...

Macy's said it was taking a "prudent approach" to its outlook, as it forecast a fall in annual revenue and profit, citing...

New orders for U.S. factory goods edged up in January as weakness in transportation equipment partially offset gains elsewhere, government data...

Financial markets are underpricing geopolitical risks, increasing the potential for sudden sell-offs, European Central Bank supervisor ​Claudia...

U.S. producer prices increased by the most in seven months in February, driven by higher costs for services and a range of goods, and could...

General Mills reaffirmed its annual sales and profit forecast on Wednesday after slashing it last month, as ​pressure on consumer spending and...

Brent ​crude prices rose more than 4% on Wednesday after Iran's Revolutionary Guards threatened several energy facilities across...

Saudi Arabia's crude oil loadings at its Yanbu port on ‌the Red Sea are set to surge to a record 3.8 million barrels per day (bpd) in...

Insurer Talanx signalled on Wednesday it plans to cut its stake ​in Amprion after sources told Reuters ‌last month that major owners of...

The European Commission proposed on ​Wednesday allowing firms to set up in as little as 48 hours and operate according to a ‌single set of...

London shares extended gains on Wednesday, as oil prices retreated and offered some relief to rattled global markets, while investors...

The Indian rupee fell to a record low on Wednesday, ‌extending a rough patch as the raging conflict in the Middle East kept oil prices...

European shares climbed ​on Wednesday, extending their rebound, as easing crude prices lifted investor sentiment, with markets now turning...

Josh D'Amaro officially assumes his new role as Disney's chief executive officer at Wednesday's annual shareholder meeting, taking...

A U.S. plan to help control global oil prices with a swap of millions of barrels of oil from the Strategic Petroleum Reserve depends on energy...

Beijing's tightened scrutiny of plans by Chinese companies incorporated outside mainland China to list in Hong Kong ​could have a significant...

Dark clouds over ​the rupee's outlook are prompting banks to pitch cross-currency trades targeting its underperformance against ‌certain...

Microsoft is considering legal action against its partner OpenAI and Amazon over a $50 billion deal that could violate its exclusive...

Oil prices fell on Wednesday after crude exports resumed from Iraq's ‌Kirkuk fields to Turkey's Ceyhan port via...

Gold prices held ​steady on Wednesday as investors stayed on the sidelines, assessing the economic ‌impact of the Middle East conflict ahead...

The ​U.S. dollar lost ground on Wednesday as easing crude oil prices allowed for a glimmer of risk appetite ahead of ‌a slate of central bank...

Asian shares rallied on Wednesday as oil prices paused gains, with markets turning to the ​U.S. Federal Reserve meeting to see how policymakers...

Wall Street ended higher on Tuesday, with gains in Delta Air Lines and other travel stocks, while the Federal Reserve began its ​two-day policy...

Federal Reserve officials, convening in a wartime setting that began less than three weeks ago, are expected to hold interest rates steady on...

Amazon.com plans to sharply cut the number ‌of packages it sends through the U.S. Postal Service after failing to agree business terms, a...

Gold prices held near steady on ​Tuesday, as market participants monitored the intensifying Iran conflict and ‌awaited the U.S. Federal...