Economic news

Grasim Industries' renewables unit ​will buy Sprng Energy from British oil major Shell in ‌a deal worth $1.8 billion, including...

The federal watchdog for the U.S. health department generated $5.56 billion in expected recoveries and projected ​savings over six months and...

A ​move by Michael Saylor's bitcoin stockpiling company Strategy to authorize more bitcoin sales has once again shone a spotlight on a...

July 10 (Reuters) - The Oregon attorney general's office said on Friday it has withdrawn its court motion to delay...

Before SpaceX goes public, crypto exchanges are giving traders a way to make risky bets on the company's future share price. Billions of...

El Niño could cut Brazil's expected record harvest by up to a fifth, according to the Brazilian Coffee Industry Association (Abic), as...

South Korean chipmaker SK Hynix may have had a rousing $26.5 ​billion U.S. share sale and market debut last week, but that owed much to its...

The federal watchdog for the U.S. health department generated $5.56 billion in expected recoveries and projected ​savings over six months and...

The pound fell slightly on Monday as currency markets wavered in response to renewed hostilities between the U.S. and Iran, which pushed...

Major banks are ramping up how they incorporate digital assistants in their daily operations, determining how such agents interact with human...

Helsing said on Monday it had raised $1.8 billion in ​a Series E funding round that values ‌the Munich-based firm at $18 billion, cementing...

Korean Air Lines reported a 34% drop in second-quarter operating profit ​on Monday, as surging fuel costs weighed ‌on earnings despite...

Oil prices surged more than ‌3% on Monday after renewed military strikes between the United States and Iran reignited concerns over energy...

China's economy likely slowed in the second quarter after a solid start to the year, as weak domestic demand offset the ‌boost from...

A pivot in Japan's massive retirement assets would likely manifest as a slow redirection of maturing debt rather than a fire sale that could...

Stellantis said on Monday preliminary second-quarter vehicle shipments rose 10% from a ​year earlier to nearly 1.6 million units, driven...

India's markets regulator has imposed a two-year cooling-off period for former officials, barring them ​from representing clients before it in...

China's exports likely grew at a slightly slower but still-solid pace in June, as firms accelerated shipments to the U.S. ahead of possible new...

AkzoNobel has received multiple proposals from Nippon Paint to buy its decorative paints business valuing ​the business at €7.5...

TSMC, the world's largest contract chipmaker, reported on Monday second-quarter revenue that rose 36% from a year ​earlier to a record high on...

Gold prices slid ‌more than 1% on Monday as fears of a closure of the Strait of Hormuz drove oil prices sharply higher, reviving expectations...

Share markets sank in Asia on Monday as fighting intensified in the Gulf ​and Iran claimed to have closed the vital Strait of...

The dollar rose against most of its peers as a renewal of hostilities in the ‌Middle East fanned inflation fears and raised prospects for...

The S&P 500 rose to end just short of a record ​high on Friday, as a blockbuster Nasdaq debut of South Korea's SK Hynix fueled...

German carmakers' sales collapsed further in China during the second quarter, as a protracted ‌slowdown in the world's...

U.S. oilfield services firm Baker Hughes secured ​EU antitrust approval on Friday for ‌its of Chart Industries after agreeing to...

Fast-fashion retailer Shein won approval for its long-awaited Hong Kong IPO on Friday, a notice ​posted on the China Securities Regulatory...

A sharp retreat from tech-heavy equities in South Korea and Taiwan fuelled net emerging market stock outflows of $46.1 billion from foreign...

Taiwanese chip-testing company King ​Yuan Electronics (KYEC) plans to ‌invest up to $1.4 billion to establish a facility in the ​United...

Philippine Airlines (PAL) is poised to order 15 Boeing 787-10 aircraft and nine Airbus ​A350-1000 jets, marking its first Boeing purchase...

Gold edged lower ​on Friday and was set for a weekly loss, as rising crude ‌oil prices and escalating U.S.-Iran tensions fed concerns that the...

Campari is stepping up efforts to defend Aperol, the driving force behind its growth in recent years, as copycat spritzes and rival aperitifs...

July 10 (Reuters) - London's FTSE 100 inched up on Friday, supported by deal-driven gains in Vodafone and easyJet, though Middle East tensions...

The pound rose on Friday to an almost one-month high against the dollar and a one-year peak versus the euro as markets mulled central banks'...

India's National Stock Exchange (NSE) will pitch its initial public ​offering (IPO) to over 30 global investors this month as a bet on the...

Oil ​prices eased on Friday but remained on track for weekly gains as renewed U.S.-Iran ‌fighting disrupted shipping in the Strait of Hormuz,...

European financial supervisors seeking a clearer picture of banks' exposure to private credit markets are running into resistance from the U.S....

Global stocks rose on Friday despite a more ​muted European open, as AI-related enthusiasm in Asia over the market debut of South Korean chip...

Bayer said on Friday it had secured €3 ​billion ($3.4 billion) in equity from ‌Apollo-managed funds in a deal tied to its...

South Korea's SK Hynix priced its American Depositary Receipts at $149 on ​Thursday raising about $26.5 billion, a U.S. regulatory filing...

Gold traded at a wide discount in India ‌this week as price volatility weighed, while demand in China remained steady with the country's...

The yen bounced on Friday on news that Japan plans ​to encourage pension funds to increase their holdings of domestic financial assets, a move...