Economic news

Italy's ​biggest bank Intesa Sanpaolo has claimed a major victory in its pursuit of Monte dei ‌Paschi di Siena (MPS) by securing...

South Africa's ​government said on Monday that the ‌regulated petrol pump price would rise by as much as 12% this week and the wholesale...

Swiss drugmaker Roche will pay up to $1.27 billion to license Alector's experimental treatment for ​Parkinson's disease, the US...

German robotics maker RobCo on Monday said it had passed a $1 billion valuation and that ​its CEO Roman Holzl had relocated to ‌the United...

The UK's FTSE 100 ​rose on Monday, steadying after its steepest drop since April last ‌week, as mining shares led gains and oil prices...

Hong Kong stocks edged up in light trading on Monday, as optimism in ​AI-related stocks outweighed selling pressure in property shares. ** At...

LONDON, Oct 5 (Reuters) - British services firms reported stronger cost pressures last month as fuel prices surged due to the Middle East ​conflict...

The euro slid to a 17-month low against the dollar ​on Monday as concerns about France's ability to rein in its budget deficit and a sharp bond...

Taiwan's Foxconn, the world's largest contract electronics maker, reported on Monday a 47% jump in third-quarter ​revenue year-on-year that...

Britain's BT ‌Group acquired TalkTalk's consumer and wholesale businesses out of administration, it said on Monday, in a bid to...

France's Schneider Electric struck its ​biggest deal ever on Monday, agreeing to buy PTC in an all-cash deal ‌valuing the US...

Japanese Prime Minister Sanae ​Takaichi on Monday pledged to "control" bond issuance and act swiftly against market turbulence, seeking...

Investors have loaded up on bets that the Reserve Bank of India will ​raise rates this week, warning that it risks falling behind the curve as...

Asian stocks made brisk gains on Monday as investors pared back expectations of a Federal Reserve rate hike this month, while the ​euro sank to a...

India's Nifty IT Index rose roughly 1.6% on Monday after ​IT services firm Accenture forecast stronger-than-expected annual revenue...

Bayer's pharmaceuticals unit on Friday unveiled plans to invest $2.2 billion in a new manufacturing ​site in New Albany, Ohio, part of a...

Gaw Capital plans to list a new Hong Kong fund that will ​invest in private loans backed by property ‌assets across Asia Pacific and the...

Saudi Arabia unexpectedly cut its oil prices for sale to Asia in ‌November to six-year lows while raising them for northwest Europe and the...

OPEC+ agreed to keep oil production ‌targets steady for November at a meeting on Sunday, the producer group said, in line with expectations...

US job growth slowed more than expected in September and the nonfarm payrolls count for the prior two months was revised sharply lower, almost...

Gold prices ​fell on Friday, reversing earlier gains, as a stronger dollar and elevated US ‌Treasury yields weighed on the non-yielding metal,...

For five years, the interest ​rate on Richard Merrett's mortgage was locked at 1.14%, but with that ultra-cheap deal due to expire in early...

Standard Chartered expects the European Central Bank to raise its deposit rate by 25 ​basis points to 2.75% in December, reversing its...

Global shares rose on Friday as wild volatility in bond and currency markets eased and oil prices fell, while weaker-than-forecast US jobs data...

Oil prices fell more than $3 and European gasoil ​futures dropped over 4% on Friday after reports of talks in Europe on additional diesel and...

Britain's new car registrations rose 12% in September ‌from a year earlier to their highest level for the month since 2017, helped by...

A ​fuel price cap introduced following the Polish president's decision to approve a windfall tax ‌on energy firms will lower inflation...

U.S. asset manager Nuveen said ​on Thursday it ‌had completed its acquisition of British ​fund manager Schroders, ​creating a...

The UK's FTSE ​100 rebounded on Friday, as easing oil and bond yields ‌helped allay inflation concerns after a global bonds sell-off...

The main driver behind the German government's raised economic forecasts is an ​unexpectedly strong performance of the German economy in...

Hong Kong's August retail sales value jumped 5.6% from ​a year earlier to HK$32.1 billion ($4.09 billion) for ‌a 16th month of gains,...

Global hedge funds struggled to deliver positive returns in September as surging bond yields, higher oil prices ​and sharp swings in AI shares...

British firms expect to raise their prices slightly ​less quickly in the coming ‌12 months, a survey published by the Bank of England on...

US stocks recovered from early losses to close slightly higher on Thursday, with the ​S&P 500 bouncing from a two-week low as a global bond...

General Motors remained the top US auto seller during the third quarter despite a dip in sales, but ​Toyota Motor continued chipping away...

McCormick reported higher quarterly sales ‌and profit on Thursday, as pricier seasonings and sauces helped cushion the blow from weaker...

The Indian rupee dropped to its weakest level in two months as global bond yields surged to ​decadal highs and oil prices jumped, deepening...

Global bonds were engulfed in another sell-off on Thursday, squeezing already pressured government finances, as borrowing costs ‌from the US...

Only 13% of companies were on track with their AI initiatives, as regulatory ​hurdles and integration with legacy IT systems ‌slowed...

France's manufacturing sector expanded for a second straight month in September, although the pace of ​growth slowed as new orders fell, a...

Factory growth in the euro zone continued its upward march in September, hitting its fastest rate in more than four years, as resilient demand...

Germany's manufacturing sector sustained its upturn in September as production levels and new ​orders once again registered strong growth...