Economic news

Russian oil production dipped around 0.7% last year to 9.129 million barrels per day, OPEC monthly data showed on Wednesday. Russia has...

Oil prices rose on Wednesday for a ​fifth straight session on fears of Iranian supply disruptions due to a potential U.S. attack ‌on Iran and...

High-end department ​store conglomerate Saks Global filed for bankruptcy protection late on Tuesday in one of the largest retail collapses since...

Canadian Natural Resources is in talks to buy a $1-billion-plus portfolio of natural gas properties from Tourmaline Oil Corp, Globe and Mail...

Toyota Motor said on Wednesday it had agreed to raise its offer for group firm Toyota Industries to 18,800 yen ($118.11) per share as...

The UK's FTSE 100 scaled a record high on Wednesday, powered by gains in mining and healthcare stocks, while education company...

RWE said on Wednesday it had agreed to sell a 50% stake in its Norfolk Vanguard East and West offshore wind projects to investor KKR, after...

World shares hovered around record ​highs on Wednesday, as traders found ways to justify why increasingly complicated world economics and politics...

The yen fell to its weakest level in a year-and-a-half against the dollar on Wednesday on speculation of a snap election that could pave...

Volkswagen's premium brand Audi saw a 2.9% decline in vehicle deliveries in 2025, impacted by tariffs and the competitive market...

Interest rates set by the Bank of England should continue to fall as inflation is likely to settle ​around the central bank's 2% target soon,...

British luxury handbag maker Mulberry reported a 5.3% rise in third-quarter revenue on Wednesday, driven by strong full-price, festive-season...

Jollibee Foods Corp's international business is "ready to be a standalone", its global chief financial officer said on...

The Bank of Japan's absence from a list of central banks lining up to support Federal Reserve Chair Jerome Powell reflects its aversion to...

China on Wednesday reported a record trade surplus of nearly $1.2 trillion in 2025, led by booming exports to non-U.S. markets as producers ​looked...

Gold climbed on Wednesday to hit a record, while silver breached the $90 mark for the first time, as softer-than-expected U.S. inflation readings...

China bought fewer goods from Canada last year for the first time since 2020, according to Chinese data released hours before a visit by the...

British businesses turned their most pessimistic in three years at the end of 2025 and their mood worsened after finance minister Rachel...

Netflix is preparing to make an all-cash offer for Warner Bros Discovery's studios ‌and streaming businesses, a source familiar...

Construction tech firm EquipmentShare.com said on Tuesday it was targeting ​a valuation of up to $6.41 billion in its U.S. initial ‌public...

The discount on U.S. crude futures to the global benchmark Brent has grown by around $1 per ​barrel since the U.S. ousted Venezuelan President...

Microsoft on Tuesday unveiled an initiative to curb water usage at its U.S. data centers and limit the impact on the general population from...

Sales of new U.S. single-family homes fell slightly in October after increasing for two straight months, though declining prices amid...

Brazil ran a $2.9 billion trade surplus with Iran last year, government data shows, making the South American nation a potential candidate for new...

U.S. consumer prices increased in December as the distortions related to the government shutdown that had artificially lowered inflation in...

The South African rand weakened on Tuesday as investors took profits after the currency benefited from a surge in gold prices during the previous...

Gold and silver's upward run has reignited, with bullion topping $4,600 an ounce for the ​first time and big brokerages predicting $5,000 as a...

Oil prices extended gains on Tuesday as heightened concerns surrounding major producer Iran and potential supply disruptions overshadowed the...

Citigroup is set to cut about 1,000 jobs this week, a source familiar with the matter told Reuters on Monday, as part of a plan...

BlackRock, the world's largest asset manager, will cut hundreds of jobs as part of a regular round of layoffs to improve efficiency, a...

The UK's FTSE 100 was largely unchanged on Tuesday as investors digested a slew of corporate updates ahead of U.S. inflation data, while energy...

The yen fell ​to its lowest against the dollar since July 2024 on Tuesday as traders braced for a Japanese election and also ‌hit lows against...

The Indian rupee closed modestly weaker on Tuesday, weighed down by a fall in local stocks and regional currencies, while likely intervention by...

Renault will sell its new Filante car in South Korea from March before launching sales in Latin American and Gulf countries by early 2027, it...

Swiss construction chemicals group Sika reported a drop in full-year sales on Tuesday, sending its shares 7% lower, after a downturn in China...

BlackRock, the world's largest asset manager, still believes in the investment case for artificial intelligence in the year ahead but will be...

Europe's largest sugar producer Suedzucker reported a third-quarter operating profit on Tuesday, as its non-sugar sector, especially...

Exxon Mobil remains interested in visiting Venezuela and is prepared to send an assessment team there, a source familiar with the...

Swiss chocolate maker Lindt & Spruengli said on Tuesday its sales grew 12.4% organically in 2025, driven by higher cocoa prices that it...

Britain's consumers reined in their spending in December by the most in almost five years, according to debit and credit card data from...

Meta Platforms will exclude Italy from its ban on rival AI chatbots on WhatsApp following an order from the country's antitrust authority,...

A surge in Japanese shares led Asia higher on Tuesday amid investor bullishness over all things AI, while the cloud of uncertainty...