Economic news


German Industry Faces Stagnation in 2026, BDI Says

German Industry Faces Stagnation in 2026, BDI Says

German industry is expected to stagnate at best in 2026, the BDI industry ​association said on Monday, warning that higher ‌energy costs, supply chain risks and domestic structural weaknesses were piling pressure on Europe's largest economy. At the opening of the ​Hannover Messe tra...


April 20, 2026
Pernod Ricard Said to Begin IPO Process for India Unit, Bloomberg News
Pernod Ricard Said to Begin IPO Process for India Unit, Bloomberg News

Pernod Ricard, the maker of Absolut vodka and Jameson whiskey, has begun working on ​a potential initial public offering of its Indian business,...

Honeywell to Sell Productivity Solutions Unit to Brady for $1.4B
Honeywell to Sell Productivity Solutions Unit to Brady for $1.4B

Honeywell has agreed to sell its productivity solutions and services unit ​to industrial equipment maker Brady in an ‌all-cash deal...

India's Central Bank Partially Rolls Back Rupee Curbs
India's Central Bank Partially Rolls Back Rupee Curbs

The Reserve Bank of India on Monday rolled back some restrictions on rupee derivative trades that were put ​in place earlier this month to arrest...

UK Consumer Morale Slides to Lowest since mid-2023, Surveys
UK Consumer Morale Slides to Lowest since mid-2023, Surveys

British consumer morale last month hit ​its lowest level since mid-2023, according to two surveys on Monday, reflecting ‌the impact of the...

UK Stocks Slip as Uncertainty over US-Iran Ceasefire Lifts Oil Prices
UK Stocks Slip as Uncertainty over US-Iran Ceasefire Lifts Oil Prices

UK's main stock indexes ‌dipped on Monday in a broad-based decline as fears that the U.S.-Iran ceasefire could collapse weighed...

Europe Shares Slide; Middle East Ceasefire Hangs in Balance
Europe Shares Slide; Middle East Ceasefire Hangs in Balance

Energy shares gain on surging crude prices Travel and leisure stocks lead declines UK's Renishaw jumps on raised forecasts April 20...

Greece's Travel Receipts Surge but Data is Incomplete
Greece's Travel Receipts Surge but Data is Incomplete

Greece recorded a more than 80% year-on-year rise in travel ​receipts in February, leading to a slight ‌improvement in the nation's...

UniCredit says Commerzbank Unfit for Changing Banking Environment
UniCredit says Commerzbank Unfit for Changing Banking Environment

UniCredit takeover target Commerzbank ‌is unfit to face the banking industry's future challenges in its current shape, the...

Sterling Dips as U.S.-Iran Peace Talks Falter
Sterling Dips as U.S.-Iran Peace Talks Falter

The pound slipped on Monday after tensions between the U.S. and Iran rose sharply over the weekend, raising the prospect that a two-week...

China Curtailing, not Banning Fuel Exports, Shipping Data
China Curtailing, not Banning Fuel Exports, Shipping Data

China is curtailing refined fuel exports rather ​than banning them, with countries including Malaysia and Australia receiving supplies even after...

Gold Falls on Stronger Dollar amid Renewed US-Iran Tensions
Gold Falls on Stronger Dollar amid Renewed US-Iran Tensions

Gold prices fell on Monday as the dollar firmed, while ‌news that the Strait of Hormuz is closed again pushed oil prices higher, reviving...

Asia Bond Outflows Surge to 4-yr Highs on Inflation Concerns
Asia Bond Outflows Surge to 4-yr Highs on Inflation Concerns

Asian bonds recorded their largest monthly foreign outflows in four years in March as disruptions to oil and ​gas supplies from the Middle East...

Japan Households' Inflation Expectations Steady, BOJ April Hike Bets Fade
Japan Households' Inflation Expectations Steady, BOJ April Hike Bets Fade

Most Japanese households expect ‌prices to continue rising in the coming years, a quarterly survey showed on Monday, keeping pressure on the...

Oil Rises 5% on Renewed US-Iran Tension
Oil Rises 5% on Renewed US-Iran Tension

Oil prices jumped more than 5% on ​Monday, on fears that the ceasefire between the United States and Iran could collapse ‌after the U.S....

Australia's NAB Expects Impairment Charges to Double from Iran War
Australia's NAB Expects Impairment Charges to Double from Iran War

Australia's largest business lender, National Australia Bank, said on Monday it expects credit impairment charges ​to double to A$706 million...

Dollar Pushes to One-Week High as US-Iran Tensions Reignite
Dollar Pushes to One-Week High as US-Iran Tensions Reignite

The U.S. dollar firmed to its highest level ​in a week against major currencies on Monday before paring gains as renewed U.S.-Iran...

Oil Jumps, Stocks Wobble; Mideast Ceasefire Hangs in Balance
Oil Jumps, Stocks Wobble; Mideast Ceasefire Hangs in Balance

SINGAPORE, April 20 (Reuters) - Oil prices jumped and stock futures fell on Monday as rising tensions in the Middle East kept shipping in ​and out...

UK Manufacturers Divided on Capacity to Meet Sovereign Push, Survey
UK Manufacturers Divided on Capacity to Meet Sovereign Push, Survey

British manufacturers give a patchy picture of their ability to ramp up output should the government need to ​mobilise key industries, a survey...

Oil Price Plunge on US-Iran Peace Hopes to Give Rupee, Bonds some Breather
Oil Price Plunge on US-Iran Peace Hopes to Give Rupee, Bonds some Breather

The Indian rupee and government bonds this week will be comforted by a drop in oil prices even as shipping through the Strait of Hormuz remains at...

April 18, 2026
India's Yes Bank Post Higher Profit on Loan Growth
India's Yes Bank Post Higher Profit on Loan Growth

India's Yes Bank reported a 44.7% ​rise in fourth-quarter profit on Saturday, ‌supported by improving loan growth and stable asset...

Norway's Sovereign Wealth Fund Supports BP Chair's re-Election
Norway's Sovereign Wealth Fund Supports BP Chair's re-Election

Norway's $2.2 trillion sovereign wealth fund, the world's largest, said on ​Saturday it will vote in favour of the re-election of...

China's March Refined Oil Shipments Fall after Export Ban
China's March Refined Oil Shipments Fall after Export Ban

China's outbound shipments of refined oil products in March slid by 11.5% from ​the same period last year, customs data showed ‌on...

European Oil Majors Outshine US Rivals with Iran War Trading Bonanza
European Oil Majors Outshine US Rivals with Iran War Trading Bonanza

The trading desks of Europe's top three oil majors have reaped billions of dollars from the energy supply crunch caused by the Iran war,...

Nvidia Rival Cerebras Discloses US IPO Filing as AI Boom Drives Listings
Nvidia Rival Cerebras Discloses US IPO Filing as AI Boom Drives Listings

AI chipmaker Cerebras Systems revealed its filing for a U.S. initial public offering on Friday, bringing the Nvidia rival closer to the public...

Italy Saw Modest Growth in Q1, Supported by Olympics, Cbank Estimates
Italy Saw Modest Growth in Q1, Supported by Olympics, Cbank Estimates

The Italian economy posted modest growth in the first quarter, supported by the Winter Olympics in February which drew a major influx of ​tourists,...

World Bank Launches new Strategy to Help Small States Tackle Challenges
World Bank Launches new Strategy to Help Small States Tackle Challenges

The World Bank on Friday unveiled a new strategy aimed at helping small island states and other ​small countries better address unique challenges...

Japan says Recent Yen Moves Driven by Speculative Trade
Japan says Recent Yen Moves Driven by Speculative Trade

Japanese Finance Minister Satsuki ​Katayama said on Friday recent moves in the yen ‌have been driven by speculative trade to a significant...

Wall St Hits Record Highs; Oil Falls as Hormuz Opens
Wall St Hits Record Highs; Oil Falls as Hormuz Opens

The benchmark S&P 500 and the tech-heavy Nasdaq ​each rallied to their third record close in a row on Friday, while the blue-chip Dow marked...

Apple Defeats Bid for new Apple Watch Import Ban at US Trade Tribunal
Apple Defeats Bid for new Apple Watch Import Ban at US Trade Tribunal

A U.S. trade tribunal ruled for Apple on Friday against a bid from medtech company Masimo to reinstate ​an import ban on the tech...

American Rejects Merger Talks with United Airlines
American Rejects Merger Talks with United Airlines

American Airlines said on Friday that it was not interested in a merger with United Airlines and had not held any such talks, diminishing...

April 17, 2026
Lilly's Obesity Pill Draws 1,390 US Prescriptions in Launch Week
Lilly's Obesity Pill Draws 1,390 US Prescriptions in Launch Week

Eli Lilly's newly launched weight-loss pill was prescribed 1,390 times in the U.S. ​in its first week of sales, according to analysts who...

China's DeepSeek is Raising Funds at $10B Valuation, The Information
China's DeepSeek is Raising Funds at $10B Valuation, The Information

Chinese artificial intelligence startup DeepSeek is in talks with ​investors to raise at least $300 million at ‌a valuation of $10 billion,...

State Street's Profit Rises on Robust Fee Income
State Street's Profit Rises on Robust Fee Income

State Street reported a rise in first-quarter profit on Friday, as market volatility lifted the ​custody bank's client activity and fee...

Philippines, US to Build Industrial Hub to Strengthen Supply Chain Security
Philippines, US to Build Industrial Hub to Strengthen Supply Chain Security

The United States and the Philippines will build a 4,000-acre (1,620-hectare) industrial hub after Manila joined a Washington-led initiative to...

US Triffs Drive Steep Drop in EU Exports for Second Month
US Triffs Drive Steep Drop in EU Exports for Second Month

European Union ​exports to the United States dropped by more than a quarter for a second consecutive month in February, but may be exaggerating the...

US Equity Funds Extend Inflows on Iran de-Escalation Hopes
US Equity Funds Extend Inflows on Iran de-Escalation Hopes

U.S. equity funds attracted strong demand in the week through April 15 as expectations of an early resolution to ​the Iran conflict and resilient...

French Telecoms Trio Lift SFR Bid to $24B in Sector Shake-Up
French Telecoms Trio Lift SFR Bid to $24B in Sector Shake-Up

Bouygues, Iliad-Free and Orange raised their bid ‌for French telecoms operators SFR to 20.35 billion euros ($23.97 billion) on Friday, in...

India’s Wipro Sheds over $650M in Market Value on Weak Forecast
India’s Wipro Sheds over $650M in Market Value on Weak Forecast

Shares of Wipro fell 3% on Friday, wiping out $670 million in market capitalisation a day after a tepid ​first-quarter revenue forecast...

GBP Steadies near Pre-War Levels; Traders Look Past UK Politics
GBP Steadies near Pre-War Levels; Traders Look Past UK Politics

The British pound steadied on Friday, having returned to levels seen before the onset of the Iran war, with traders overlooking...

London's FTSE 100 Edges Lower as Utilities and Miners Weigh
London's FTSE 100 Edges Lower as Utilities and Miners Weigh

UK's benchmark stock index ‌FTSE 100 dipped slightly on Friday, weighed down by utilities and mining stocks, and was set to snap a...

Gold Holds Steady, Eyes 4th Weekly Gain on US-Iran Peace Deal Hopes
Gold Holds Steady, Eyes 4th Weekly Gain on US-Iran Peace Deal Hopes

Gold held largely steady on Friday and was on track for ‌a fourth straight weekly gain, as hopes for a U.S.-Iran peace deal eased fears of...

USD Set for 2nd Weekly Drop, EUR Steadies near Pre-War Levels
USD Set for 2nd Weekly Drop, EUR Steadies near Pre-War Levels

The U.S. dollar headed for a second consecutive weekly decline on ​Friday, while the euro and British pound steadied around pre‑war levels, as...


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