Economic news

Portugal's Galp, the country's only refiner and dominant jet fuel supplier, does not expect supply disruptions despite ​concerns raised by...

Luxury group ‌Brunello Cucinelli has strengthened its controls to monitor compliance with European Union sanctions on Russia, its 2025...

U.S. consumer goods giant Procter & Gamble on Friday warned ​of a roughly $1 billion post-tax hit to its fiscal 2027 profit from surging...

Demand for Intel's central processors from firms offering AI services was ​so strong in the first quarter that it sold even chips it had...

Swiss National Bank Chairman Martin Schlegel defended the central bank's investment ​approach on Friday, after campaigners from...

Brazil's current account deficit totaled $6.036 billion in ​March, central bank data showed ‌on Friday, exceeding the $5.489 billion...

The chairman of French cosmetics group ​L'Oreal dismissed any ‌comparison with struggling beauty group Coty on Friday, adding...

China's CITIC Securities reported on Friday a ‌jump of 54.6% in first-quarter profit year-on-year, driven by surging brokerage fee...

Samsung Electronics' ‌production of foundry and memory chips at its facilities in ​South Korea dropped 58% ​and 18%, respectively,...

The Czech government welcomes a plan by 70% state-owned electricity producer CEZ to spin ​off its distribution and other non-production...

UK's main ​stock indexes fell on Friday and were headed for weekly ‌losses as hopes of a swift resolution to the Iran war faded, with the...

Greece will cease to be the euro zone's most indebted ‌country by the end of this year as its public debt will fall below Italy's,...

The British pound rose slightly against the dollar on Friday but was headed for a weekly loss, as traders kept an eye on stalled peace...

China’s fiscal spending rose 2.6% in the first quarter from a year ​earlier, accelerating from a 1% increase in 2025, ‌the finance...

A spike in energy costs caused ​Spanish industrial prices to rise at ‌their fastest rate in a year in March after falling for four consecutive...

British ​motorists worried about fuel price increases rushed to the pumps immediately after the start of the Iran war, pushing ‌up total sales...

Gold premiums in India climbed to their highest in over two-and-a-half months this week, as supplies tightened, while buying interest picked up in...

European shares fell ​on Friday and were set to end the week lower, as ‌investors remained concerned about the lack of progress toward a...

British ​motorists worried about fuel price increases rushed to the pumps immediately after the start of the Iran war, pushing ‌up total sales...

Global shares swung between gains and losses on Friday and oil prices resumed their rise, as a shaky ceasefire in the ​Middle East war and stalled...

Quarterly earnings reporting may soon become optional for U.S. firms - yet the vast majority of companies are unlikely to take advantage of lighter...

U.S. stocks fell in choppy trading on Thursday as hopes dimmed for a quick end ​to the Iran war, while investors grappled with a mixed bag of...

The average rate on the popular U.S. 30-year fixed-rate mortgage ​fell this week, though further declines ‌are likely to be limited by...

Freeport-McMoRan, the ​world's largest publicly traded copper producer, said on Thursday it expects a slower-than-anticipated recovery at its...

Gold pared some losses on Thursday on news of a potential Lebanon-Israel ceasefire extension ‌and after Treasury yields retreated from session...

Mexico's 12-month inflation stood at 4.53% ​in the first half of April, data from statistics agency ‌INEGI showed on Thursday, above...

BP's new ​Chief Executive and Chair failed to get shareholder backing for two board-proposed resolutions at their ‌first public...

The European Central Bank will hold its deposit rate on April 30 but hike it in June, according to just over half of economists polled by Reuters,...

Inflation indicators from British companies flashed red in two long-running business surveys published on Thursday, which showed ‌record...

EssilorLuxottica's shares fell on Thursday after the eyewear maker reported broadly in‑line quarterly results, doing little to revive...

British manufacturers have turned their most pessimistic since the start of the ​COVID-19 pandemic due to the Iran ‌war and a measure of the...

Europe risks falling further behind the United States and China in pharmaceutical research and innovation ‌because of "mind-blowing"...

Britain's FTSE 100 fell ​on Thursday, as higher oil prices and fading prospects of renewed ‌U.S.-Iran peace negotiations weighed on the...

Netflix said on Thursday its board has authorized an additional $25 billion ​share repurchase program, resuming capital returns after...

Italian bank UniCredit holds a stake of 8.72% in ​Generali, the insurer's Chairman Andrea Sironi said on Thursday as he listed ‌the...

The Indian rupee fell for the fourth consecutive session on Thursday, its longest losing streak since mid-January, as ​stalled peace talks between...

Shares in L'Oreal jumped more than ‌8%, on track for their best day in four years, after the French cosmetics group...

European shares fell on Thursday as renewed shipping concerns in the strategic Strait of Hormuz dampened investor ‌sentiment, while...

Czech power utility CEZ is preparing to spin off non-production assets such as ​electricity, gas distribution and trading, and sell up...

The dollar was headed for its first weekly rise in a month on Thursday, as a stand-off between Iran and the ​U.S. in the Middle East war and a lack...

Germany's private sector contracted for the first time in almost a year in April as the Iran war put the brakes on the country's...

Asian shares ​retreated from record highs on Thursday as oil prices extended their gains on renewed shipping woes in ‌the Gulf, underscoring...