Economic news

Oil prices fell 1.5% on Friday, extending declines for a third straight session, as the United States pushed for a Russia-Ukraine peace deal that...

Gold slipped on Friday and was heading for a weekly drop, as a stronger-than-expected U.S. jobs report reinforced expectations that the Federal...

Asian shares extended a global rout on Friday as a highly anticipated U.S. jobs report failed to provide clarity on the near-term path for interest...

London's FTSE 100 snapped a five-day losing streak on Thursday, as defence and energy shares led a recovery amid a global rally sparked by AI...

Saudi Arabia is exploring with global car maker Stellantis and Saudi auto products and services conglomerate Petromin Corporation, setting up...

Oil prices edged up on Thursday after falling in the previous session, boosted by a bigger than expected draw in U.S. crude stockpiles and a...

Most Gulf stock markets ended higher on Thursday, tracking global peers after Nvidia's strong earnings and upbeat forecast eased...

South Africa's central bank cut its main lending rate by 25 basis points to 6.75% on Thursday at the first meeting since its inflation target...

The dollar was riding high on Thursday after Federal Reserve minutes made a December U.S. rate cut seem less likely ahead of long-delayed U.S. jobs...

Investors bailing out of the yen and Japan's government bonds have driven borrowing costs there to record highs, bending markets out of shape...

Gold prices held steady on Wednesday as investors awaited a crucial U.S. jobs report, which could shed light on a Federal Reserve rate cut in...

Greece expects its economy to grow faster in 2026 and its public debt to decline by almost 8 percentage points, thanks to higher investment and...

India’s infrastructure output was unchanged in October from a year earlier, its weakest performance in 14 months, as declines in coal,...

The pound nudged up from a two-week low on the dollar on Thursday as investors continued to process the previous day's inflation data and...

Germany's economy is likely to see moderate growth in the final quarter of the year as services drive expansion and its ailing industrial...

British manufacturers reported the sharpest fall in output since August 2020 during the three months to the end of November, due to uncertainty...

The International Monetary Fund predicts Pakistan could lift its GDP between 5% and 6.5% over five years if it tackles corruption and deep-rooted...

French bank BNP Paribas on Thursday raised its core capital buffer, known as CET1, to 13% by 2027, up from 12.5% just two months ago, as it...

Global technology shares rallied on Thursday after Nvidia's blow-out quarterly results signalled that demand for artificial intelligence...

A relief rally swept across Asian markets and lifted stocks on Thursday as investors cheered Nvidia's market-topping earnings, while the dollar...

Japan's government is in the final stages of assembling a stimulus package worth 21.3 trillion yen ($135.38 billion) to help households cope...

All three major U.S. stock indexes closed in positive territory, with tech strength putting the Nasdaq out front. NEW YORK, Nov 19...

China imported no soybeans from the U.S. for a second straight month in October even as total imports surged to a record high on purchases from...

U.S. job growth likely picked up moderately in September, while the unemployment rate held steady near a four-year high of 4.3%, consistent with...

Adobe will acquire software platform Semrush for $1.9 billion, the companies said on Wednesday, as the Photoshop maker looks to...

Kraken, one of the world's largest cryptocurrency exchanges, said on Wednesday it has confidentially filed for an initial public offering in...

Teva Pharmaceutical Industries said on Wednesday it was calling on startups to join its new platform to develop technologies to deal with a...

International tourism to the U.S. could get a much-needed boost from the 2026 FIFA World Cup after a sluggish 2025, when visitors stayed away amid...

Schneider Electric said on Wednesday that it had signed new deals worth almost $2.3 billion with two U.S. data centre operators, as surging...

Target reported a bigger-than-expected drop in comparable sales on Wednesday and offered a wide range of profit outcomes for its holiday...

Deep discounting by U.S. retailers on turkeys pushed the cost of the traditional Thanksgiving dinner lower for a third straight year, while costs...

Boeing hit back at the Dubai Airshow with a provisional order for 75 of its 737 MAX jets from flydubai on Wednesday, a day after the long-time...

The European Commission proposed on Wednesday streamlining and easing a slew of tech regulations, including delaying some provisions of its AI Act,...

Lowe's Cos signaled a strong start to the fourth quarter after topping profit estimates, but followed Home Depot in projecting muted...

The U.S. Commerce Department's Census Bureau said on Wednesday it would publish both September retail sales and food services and durable goods...

Brookfield Asset Management launched a $100 billion artificial intelligence infrastructure program in partnership with Nvidia and Kuwait...

London's FTSE 100 was little changed on Wednesday, after falling for four consecutive sessions, as gains in healthcare and consumer staples...

Saudi Arabia's crude oil exports hit a seven-month high in September, data from the Joint Organizations Data Initiative (JODI) showed on...

Shares in Ocado fell further on Wednesday, adding to 17% slump the day before, after its partner Kroger announced the closure of three...

The Dutch government said on Wednesday it was suspending its intervention at computer chipmaker Nexperia after what it said were...

Nvidia and Menlo Micro on Wednesday said they have used technology from the startup to dramatically speed up the testing of AI chips, easing a...

Foreign holdings of U.S. Treasuries slipped in September, data from the Treasury Department showed on Tuesday, declining for the first time in six...