Economic news


Peloton Shares Tumble as Demand Slump Hits Revenue Outlook

Peloton Shares Tumble as Demand Slump Hits Revenue Outlook

Peloton Interactive forecast third-quarter revenue below Wall Street estimates on Thursday, citing weak demand for its fitness equipment, sending its shares down about 23% to their lowest level in roughly 18 months. The New York-based maker of exercise bikes and treadmills has struggled with...


February 5, 2026
US Job Openings Drop to more than Five-Year Low in December
US Job Openings Drop to more than Five-Year Low in December

U.S. job openings dropped to the lowest level in more than five years in December and data for the prior month was revised lower amid a softening...

Crypto Exchange Gemini Plans to Lay Off Up to 200 Staff, Exit Europe and Australia
Crypto Exchange Gemini Plans to Lay Off Up to 200 Staff, Exit Europe and Australia

Gemini Space Station, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, said on Thursday it plans to cut up to 200 jobs globally...

OpenAI Unveils AI agent Service as Part of Push to Attract Businesses
OpenAI Unveils AI agent Service as Part of Push to Attract Businesses

Your next coworker might be generated by AI. OpenAI on Thursday said it is launching a service, called Frontier, for companies to build and...

ECB Keeps Rates Steady, Shrugs Off Inflation Dip
ECB Keeps Rates Steady, Shrugs Off Inflation Dip

The European Central Bank kept interest rates unchanged as expected on Thursday, shrugging off a dip in inflation while continuing to warn about an...

BoE Governor Speaks after Close Vote to Hold Rates
BoE Governor Speaks after Close Vote to Hold Rates

The Bank of England left interest rates on hold at 3.75% in a surprisingly close 5-4 split vote, with Governor Andrew Bailey and external...

GBP, UK Borrowing Costs Drop as Investors Up Bets on Rate Cuts after Dovish BoE
GBP, UK Borrowing Costs Drop as Investors Up Bets on Rate Cuts after Dovish BoE

Sterling and UK government borrowing costs fell on Thursday, as investors quickly priced in a much higher chance of a near-term rate cut, after...

BoE Holds Rates at 3.75% in Surprisingly Close Vote
BoE Holds Rates at 3.75% in Surprisingly Close Vote

The Bank of England left interest rates on hold at 3.75% in a surprisingly close 5-4 split vote, with Governor Andrew Bailey and external...

Estee Lauder Shares Sink as Weak Forecasts cloud Turnaround
Estee Lauder Shares Sink as Weak Forecasts cloud Turnaround

Estee Lauder raised its annual targets but still fell short of Wall Street expectations as sluggish demand in the Americas weighed on the...

Bharti Airtel's Quarterly Profit Rises 34% on India Subscriber Growth, Upgrades
Bharti Airtel's Quarterly Profit Rises 34% on India Subscriber Growth, Upgrades

Bharti Airtel, India’s second-largest mobile carrier by number of users, posted its seventh straight quarterly profit rise on Thursday, as...

London's FTSE 100 Holds On to Losses after BoE Maintains Rates in Narrow Vote
London's FTSE 100 Holds On to Losses after BoE Maintains Rates in Narrow Vote

The UK's FTSE 100 declined in choppy trading on Thursday, after paring losses briefly following the Bank of England's decision to hold...

India's LIC Posts Higher Profit as Tax Cuts Boost Insurance Demand
India's LIC Posts Higher Profit as Tax Cuts Boost Insurance Demand

Life Insurance Corporation of India's posted a 17% jump in third-quarter profit on Thursday, benefiting from tax cut-driven retail demand,...

India Exports 1st Fuel to Europe since Ban on Russian Crude-Derived Products
India Exports 1st Fuel to Europe since Ban on Russian Crude-Derived Products

Reliance Industries has partially offloaded a jet fuel cargo in Italy, India's first export to the region since a European Union ban on...

UK Borrowing Costs Rise, Concerns about Starmer's Future Mount
UK Borrowing Costs Rise, Concerns about Starmer's Future Mount

British borrowing costs rose on Thursday as concerns grew over whether Prime Minister Keir Starmer could survive the fallout from his decision to...

UK Jan new Car Sales Rise to Best in 6 yrs, Industry Data
UK Jan new Car Sales Rise to Best in 6 yrs, Industry Data

British new car sales rose 3.4% in January from a year earlier to their highest level in six years, data from the Society of Motor Manufacturers...

German Firms Give Govt Poor Grades on Economic Policy, Ifo
German Firms Give Govt Poor Grades on Economic Policy, Ifo

German companies gave the government's economic policy a poor report card, the Ifo Institute said on Thursday, with businesses demanding less...

Drugmaker Alembic Pharma Posts Earnings Dip on Indian Labour Code Changes
Drugmaker Alembic Pharma Posts Earnings Dip on Indian Labour Code Changes

Indian drugmaker Alembic Pharmaceuticals on Thursday reported lower third‑quarter profit on Thursday after taking a one-time charge linked to...

IndiGo Reviewing India Antitrust Order after Mass Cancellations
IndiGo Reviewing India Antitrust Order after Mass Cancellations

Feb 5 (Reuters) - IndiGo said on Thursday that it is reviewing the order from India's antitrust regulator and will take...

Indian Oil Posts Quarterly Profit Rise on Lower Crude Prices
Indian Oil Posts Quarterly Profit Rise on Lower Crude Prices

Indian Oil Corp (IOC), the country's top refiner, reported a more than four-fold jump in third-quarter profit on Thursday, boosted by...

India to Sign Trade Deal with United States in March, Minister
India to Sign Trade Deal with United States in March, Minister

India and the U.S. expect to sign a formal trade deal in March, after which New Delhi will lower tariffs on U.S. goods, Trade Minister Piyush Goyal...

Taiwan's ASE sees its Advanced Packaging Business Doubling to $3.2B in 2026
Taiwan's ASE sees its Advanced Packaging Business Doubling to $3.2B in 2026

ASE Technology Holding, the world's largest chip packaging and testing provider, said on Thursday that it expects its advanced packaging...

German Industrial Orders Post Biggest Increase in Two Years
German Industrial Orders Post Biggest Increase in Two Years

German industrial orders rose unexpectedly in December, posting their biggest increase in two years driven by volatile large-scale orders, but more...

Saab Raises Sales Growth Target as Defence Spending Booms
Saab Raises Sales Growth Target as Defence Spending Booms

Sweden's Saab raised its medium-term sales growth target on Thursday as European defence companies continue to benefit from a surge in...

Bitcoin Dip Brings Key $70,000 Level into View
Bitcoin Dip Brings Key $70,000 Level into View

Bitcoin was on the cusp of breaking below the key $70,000 level on Thursday as a slide in the world's largest cryptocurrency showed no signs of...

'Software-Mageddon' Leaves Investors Bargain-Hunting but Wary
'Software-Mageddon' Leaves Investors Bargain-Hunting but Wary

Wall Street's "Software-mageddon" has been snowballing. Now investors are debating whether it is time to warm up to the beaten-down...

Silver Tumbles, Oil Drops in Commodity Sell-Off
Silver Tumbles, Oil Drops in Commodity Sell-Off

Commodities prices slid on Thursday, led by silver, part of a broad market sell-off as investors reversed an earlier rush for hard assets after...

Singapore Exchange Logs Record Half-Year Profit, Highlights Growing IPO Pipeline
Singapore Exchange Logs Record Half-Year Profit, Highlights Growing IPO Pipeline

Singapore Exchange reported its highest half-year profit on Thursday since going public in 2000, aided by strong trading volumes across all...

Indonesia Posts Fastest Economic Growth Rate in Three Years
Indonesia Posts Fastest Economic Growth Rate in Three Years

Indonesia reported its best economic expansion in three years in 2025 as growth accelerated more than expected in the fourth quarter on robust...

February 4, 2026
Oil Majors Snap Up West African Blocks in Hunt for next Brazil
Oil Majors Snap Up West African Blocks in Hunt for next Brazil

Chevron and TotalEnergies are among the oil majors snapping up offshore blocks in West and Southern Africa as compelling geology,...

Nvidia-Rival Cerebras Systems Valued at $23.1B in Latest Financing
Nvidia-Rival Cerebras Systems Valued at $23.1B in Latest Financing

AI chipmaker Cerebras Systems said on Wednesday it raised $1 billion in a late-stage funding round that valued it at $23 billion, nearly tripling...

US Services Sector Treads Water in January, new Orders Slow
US Services Sector Treads Water in January, new Orders Slow

he U.S. services sector held steady in January, but businesses paid more for inputs, suggesting that services inflation could pick up after being...

Forint seen Falling from 2-yr High, CEE Currencies Stay near Peaks
Forint seen Falling from 2-yr High, CEE Currencies Stay near Peaks

The forint is likely to fall from two-year highs against the euro in the coming months, although the Hungarian currency and others in central...

Novo Nordisk Risks Weight-Loss Price War as Discount Pressures Deepen
Novo Nordisk Risks Weight-Loss Price War as Discount Pressures Deepen

Danish obesity drug maker Novo Nordisk's new CEO risks being on the losing side of a damaging price war as "unprecedented" price...

Itau, Santander, Citi Strike Deals to End Brazilian Tax Disputes
Itau, Santander, Citi Strike Deals to End Brazilian Tax Disputes

Brazil's National Treasury Attorney General's Office (PGFN) has reached settlement deals with lenders Itau, Santander Brasil and Citi...

Oil Prices Climb 3% as Market awaits US-Iran Talks
Oil Prices Climb 3% as Market awaits US-Iran Talks

Oil prices surged about 3% on Wednesday after a media report suggested planned talks between the United States and Iran on Friday could...

US Services Sector Steady in Jan,  Supply Constraints from AI Data Centers Feared
US Services Sector Steady in Jan, Supply Constraints from AI Data Centers Feared

The U.S. services sector held steady in January, with businesses increasingly worried about supply constraints tied to a data center construction...

Fox Beats Estimates for Quarterly Revenue on Sports, Tubi Strength
Fox Beats Estimates for Quarterly Revenue on Sports, Tubi Strength

Fox Corp topped Wall Street estimates for quarterly revenue on Wednesday, buoyed by strong advertising demand at its news and sports networks...

Canada's Services PMI Shows Sector Downturn Gathering Pace in January
Canada's Services PMI Shows Sector Downturn Gathering Pace in January

The downturn in Canada's services economy deepened in January as trade uncertainty contributed to declines in activity and new business,...

Chipotle, Mondelez Shares Slide as Weak Demand, Rising Costs Hurt Sales View
Chipotle, Mondelez Shares Slide as Weak Demand, Rising Costs Hurt Sales View

Shares of burrito chain Chipotle Mexican Grill fell 6% and Mondelez International slid 3% before the bell on Wednesday, as dour annual...

Sterling Hits Fresh 5-Month High Versus Euro, BoE in Focus
Sterling Hits Fresh 5-Month High Versus Euro, BoE in Focus

Sterling rose to a fresh five‑month high against the euro on Wednesday, though investors remained on hold ahead of the Bank of England’s...

INR Forecast to Remain Weak, Rangebound, Despite US-India Trade Deal
INR Forecast to Remain Weak, Rangebound, Despite US-India Trade Deal

The Indian rupee is forecast to remain in a narrow range over the next few months, having clawed back only a fraction of the losses it has racked...

Euro Zone Inflation Dips in January as Soft Patch Begins
Euro Zone Inflation Dips in January as Soft Patch Begins

Euro zone inflation dipped last month, data showed on Wednesday, entering a soft patch that most economists expect will last for at least a year...

Panasonic Battery Unit Posts 3.5% Drop in Q3 Operating Profit; Group Forecast Cut
Panasonic Battery Unit Posts 3.5% Drop in Q3 Operating Profit; Group Forecast Cut

Panasonic Holdings said on Wednesday third-quarter operating profit for its energy unit, which makes batteries for Tesla, fell 3.5% from a...


The latest news and actual trends of equity markets, Forex and world economy

World financial markets have the strongest and fastest growth in the world. Stock and Forex markets are influenced by economic developments taking place in the global arena. In order to multiply your income, you should always be aware of the latest developments from the world of economics and finance. All the latest information is on the GuruTrade portal. Remember: he who owns the information, owns the world - become aware and rich with GuruTrade!

Find out main events in the world economy with GuruTrade

Economic news in the world - it is one of the most popular sections of the site GuruTrade.com. In this part of the site you can find published opinions and forecasts of the most authoritative experts and economists on the topics of finance, markets, macroeconomics, small business, industry and international trade. Information about events in the area of economics and finance on GuruTrade site is complemented with reports from the government meetings and interviews with government officials and businessmen. With us you will always be aware of the latest news of the world economy and finance!

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree