Economic news

Sweden said on Wednesday it had granted green steel startup Stegra 390 million crowns ($41 million) in funding, as the Swedish company gathers new...

Britain announced a new annual tax on homes worth more than 2 million pounds ($2.63 million), expected to raise 0.4 billion in 2029-30, according...

Shares in some British banks slipped on Wednesday despite finance minister Rachel Reeves appearing to have spared them from fresh targeted taxes,...

The yen softened on Wednesday even as expectations rose that the Bank of Japan could hike rates next month, while sterling swung as investors...

Oil prices were steady on Wednesday after sliding to a one-month low in the previous session as investors assessed prospects of oversupply and...

Didi Global reported an 8.6% rise in third-quarter revenue on Wednesday as the international expansion of China's largest ride-hailing platform...

Euro zone lenders with big dollar businesses should bulk up their liquidity and capital cushions to withstand any squeeze in a U.S. currency made...

Gold prices rose to a near two-week high on Wednesday, after benign U.S. economic data reinforced expectations of a Federal Reserve interest rate...

The Indian rupee was little changed on Wednesday, caught between firm local dollar demand and rising conviction that a rate cut by the U.S. Federal...

Asian stocks rose on Wednesday, chasing gains on Wall Street as weaker-than-expected economic data spurred expectations that the Federal Reserve...

Wall Street extended its rally on Tuesday as a spate of economic data appeared to support the case for the U.S. Federal Reserve to implement its...

South Korea's Finance Minister vowed on Wednesday to stabilise a weak won, but stopped short of introducing specific policy measures to address...

Dating app Grindr said on Monday it has ended talks on a $3.46 billion take-private deal by its two largest shareholders, citing uncertainty...

Italian police raided two Amazon sites on Monday as part of a growing investigation into alleged customs and tax fraud involving Chinese...

Performance Food Group Company and US Foods will no longer pursue a potential merger, the companies said on Monday. The move comes...

Oil prices eased on Tuesday as oversupply concerns outweighed worries that Russian shipments will remain under sanctions as talks to end the...

British retailers have reported the sharpest drop in confidence in 17 years and their sales fell again ahead of Wednesday's budget which is...

UK stocks edged higher in choppy trading on Tuesday as investors awaited a highly anticipated budget this week which is expected to include...

Sterling headed for a fourth daily rise on Tuesday, while traders piled into the options market seeking protection against heightened volatility in...

British carrier easyJet reported better-than-expected full-year operating profit on Tuesday and lifted its medium-term target for its holidays...

The Bank of England's unwinding of its vast stockpile of British government bonds has likely raised gilt yields by more than the central bank...

The Indian rupee closed nearly flat on Tuesday, surrendering early gains as month-end dollar demand from importers offset broader strength in...

Britain's Domino's Pizza said on Tuesday that CEO Andrew Rennie has stepped down, marking another senior departure as the company...

Russia's depressed car market has shown weak signs of recovery as 2025 draws to an end, but is set to hit near-record lows early next year as...

South Korea's ruling Democratic Party will propose a bill this week that would facilitate the country's investment in the U.S. under a deal...

Asian share markets shifted higher on Tuesday as hopes grew the Federal Reserve will deliver a December interest rate cut, while investors piled...

Wall Street stocks closed higher on Monday, extending Friday's rally as increased odds that the U.S. Federal Reserve will lower its Fed funds...

Spotify will raise its U.S. subscription prices in the first quarter of next year, the Financial Times reported on Monday, citing three people...

Novo Nordisk's closely watched Alzheimer's trials of an older oral version of its semaglutide drug failed to help slow the progression...

Alphabet closed in on a $4 trillion valuation on Monday, set to become only the fourth company to enter the exclusive club, as the Google parent...

Fewer global companies signaled price hikes in the third quarter, pointing to a change in tack as U.S. trade deals facilitate clearer financial...

Unprecedented numbers of Americans are expected to hit stores this Black Friday, but they are likely to curtail their spending as they find fewer...

The U.S. banking industry saw its profits jump 13.5% to $79.3 billion in the third quarter of 2025, the Federal Deposit Insurance Corporation...

Shares of U.S. health insurers jumped on Monday following a media report the White House was preparing to unveil a policy framework that would...

Shares of European arms makers fell for a second successive session on Monday to their lowest in more than four months as peace talks on ending the...

The UK's midcap index was on course to snap an eight-day losing streak on Monday as housing stocks rose on positive comments from brokerage...

The pound held steady against the dollar on Monday, with investors cautious about the currency ahead of Britain's budget announcement...

UBS expects copper prices to rise into next year, citing tightening supply from persistent mine disruptions and strong long-term demand from...

Singapore's Temasek-backed Sembcorp Industries has started talks over an initial public offering of its India unit in Mumbai and appointed...

India's solar module exports fell sharply in September to their lowest this year after U.S. trade measures curbed shipments, forcing...

The Indian rupee posted its biggest one-day gain in a month on Monday as central bank intervention helped it rebound from near its all-time low,...

Bitcoin mining is quietly staging a comeback in China despite being banned four years ago, as individual and corporate miners exploit cheap...