Economic news

U.S. consumer confidence slumped to a nearly five-year low in April as growing concerns over tariffs weighed on the economic...

U.S. job openings dropped sharply in March, but a decline in layoffs suggested that the labor market remained on solid footing despite an...

The Los Angeles port is expecting a 35% drop in cargo from Asia next week, Gene Seroka, the port's executive director, said in a CNBC interview...

Kraft Heinz on Tuesday slashed its full-year organic sales and profit forecasts, as demand for its snacks and ready-to-eat meal kits takes a...

Turkey's monthly inflation rate is expected to climb to 3.1% in April, driven by energy prices and lira depreciation following the imprisonment...

As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher U.S. tariffs, the People's Bank of China...

Lending growth to euro zone businesses continued to accelerate in March, indicating that a series of interest rate cuts was bolstering activity...

British stocks climbed on Tuesday as investors assessed corporate earnings reports, with markets also responding positively to the U.S....

China's factory activity likely contracted in April, a Reuters poll showed on Tuesday, as Donald Trump's "Liberation Day" package...

European shares nudged higher on Tuesday as investors assessed a spate of corporate earnings, monitored potential tariff moves and awaited key...

The Indian rupee swung sharply before ending lower on Tuesday as the possibility of rising tensions between India and Pakistan remained front and...

Sterling edged lower versus the dollar but was close to its highest level in over three years as markets await U.S. economic data for direction...

A global trade war could lower both economic growth and inflation in the euro zone and it could have an "unambiguously recessionary...

Central Europe has limited fiscal space to offset the economic hit from tariffs given high deficit levels across much of the export-reliant region,...

Hurricanes, storms, floods and other natural disasters may cause $145 billion in insured losses in 2025, nearly 6% up from 2024 and one of the...

Luxury sportscar maker Porsche AG on Tuesday said its operating margin fell to 8.6% in the first quarter, below analyst estimates, hit by...

Danish brewer Carlsberg reported on Tuesday a "solid" start to the year in China but warned that U.S. tariffs could affect both...

Swedish banking group Swedbank reported better than expected first-quarter net profit on Tuesday, driven by lower loan losses, but said that...

German sportswear maker Adidas held back on Tuesday from raising its 2025 financial forecasts despite strong first-quarter results, saying the...

Spain's economic growth slowed down slightly to a still solid 0.6% in the first quarter, staying well ahead of euro zone peers, as the...

Finnish biofuel maker and oil refiner Neste expects U.S. tariffs will have only a limited direct impact on its business, it said on Tuesday,...

Gold prices dropped on Tuesday as softening trade tensions between the U.S. and its trading partners dulled the metal's safe-haven appeal,...

South Korea's exports are expected to have fallen in April, as U.S. President Donald Trump's sweeping tariffs, including those on autos and...

Sweden's gross domestic product was unchanged in the first quarter of the year compared with the previous three-month period, preliminary...

Australia's wine export boom to China that followed an improvement in relations between the two countries is showing signs of slowing, amid a...

Spain's BBVA on Tuesday said its first-quarter net profit rose 23% from the same period in 2024 thanks to a solid performance in Spain,...

Finnish utility Fortum reported on Tuesday a smaller-than-expected drop in first-quarter comparable operating profit, citing successful power...

Stocks and the dollar edged higher on Tuesday as U.S. President Donald Trump's administration responded to pressure from automakers...

South Korean steelmaker POSCO Holdings said on Tuesday it had raised $700 million in a two-tranche green bond that was heavily oversubscribed...

The S&P 500 closed a choppy session nearly unchanged on Monday, weighed down by megacaps as investors awaited several catalysts including key...

India's benchmark indexes rose on Tuesday, supported by the chance of a trade deal with the U.S. and as foreign portfolio investors (FPIs)...

British food price inflation jumped to its highest in nearly a year in April, according to a survey published on Tuesday that said higher costs for...

Major automakers want Congress to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11...

IBM will invest $150 billion in the U.S., including on facilities for quantum computer production, over the next five years, the latest...

Portugal's Galp Energia has resumed talks with potential partners as it seeks to develop a discovery in Namibia, the company said on...

China's Sinopec Corp's, first-quarter profit fell by 27.6% versus a year earlier, the company said on Monday, weighed down by lower oil...

EURUSD was little changed today, trading at $1.1352, losing by more than -1.3% last week after four consecutive weeks of strong performance. As...

The U.S. aviation industry, reeling from President Donald Trump's trade war and a slump in travel demand, is lobbying the White House for...

British retail sales volumes fell by the smallest amount since October this month but stores expect conditions to worsen next month, according to a...

The European Energy Exchange's (EEX) revenue rose 16% last year, mainly driven by higher electricity trading volumes in its European, North...

British stocks climbed on Monday, with heavyweight healthcare and consumer companies leading gains, putting the blue-chip FTSE 100 index on track...

The Indian rupee logged its best day in more than two weeks on Monday, aided by likely portfolio inflows into local equities while a key technical...