Economic news

U.S. business inventories increased more than expected in July as retailers and wholesalers restocked to meet ​robust demand, suggesting that...

U.S. homebuilder sentiment dropped to a one-year low in September as rising mortgage rates dampen demand for housing, a survey showed on...

The National Stock Exchange of India (NSE) will launch its $2.3 billion public offering on Wednesday amid investor ​caution over capital market...

Amazon.com said on Wednesday it is raising hourly ​pay for eligible full-time U.S. ‌operations workers by $1, bringing the new minimum...

Novo Nordisk has partnered with Anthropic to use the AI giant's Claude models to speed up ​discovery and development of new medicines, the...

Gold ​prices rose over 1% on Wednesday as the dollar weakened and oil prices slipped, ‌while investors awaited the U.S. Federal Reserve's...

The Indian rupee slipped to its lowest since late July on Wednesday as strong dollar ​demand from local companies and expectations of a U.S....

Hedge funds increased bets against consumer-focused companies in August and cut some of their bets against AI-related stocks, but turned more...

Euro zone wage growth continued to slow last quarter even as inflation picked up, and negotiated wage contracts ​point to only a mild pickup next...

Sept 16 (Reuters) - London shares inched higher on ​Wednesday as oil retreated, while traders awaited the key U.S. Federal ‌Reserve decision...

India has eased export ​rules by waiving ‌the requirement for registration certificates for shipments ​valued at up ​to 300,000 rupees...

Indian auto parts maker Hero Motors' $104.2 million IPO was fully subscribed on the ​first day of bidding on Wednesday, exchange data...

The British pound was little changed against the euro and the ‌dollar on Wednesday as underlying readings of UK inflation held steady in...

Starbucks Corp is weighing the sale ​of a majority stake in its Japan business in a potential deal that could value the coffee chain's...

LONDON, Sept 16 (Reuters) - The dollar pulled back from near multi-week highs on Wednesday as oil prices ‌stalled and ahead of a Federal...

Oil prices fell ​on Wednesday as reports that Saudi Arabia was offering additional crude cargoes via Oman eased concerns about the ‌scale of...

Stocks edged higher in Asia ​on Wednesday as a respite in the global bond selloff and a drop in oil prices ‌steadied nerves ahead of a pivotal...

Wall Street extended its selloff on Tuesday, as rising U.S. ​Treasury yields, mounting debt concerns and soaring crude prices kept buyers on the...

London shares slipped on Tuesday, hovering around two-month lows, as rising oil prices prompted a fresh rise in bond yields, ​while investors...

France ​faces sluggish growth this year as consumers rein in spending and businesses hold ‌back investment over uncertainty about energy...

The U.S. Senate is set to vote on Tuesday on whether ‌to advance once-in-a-generation cryptocurrency legislation, potentially determining the...

India's goods trade deficit unexpectedly narrowed to $26.86 billion in August, government data showed on ‌Tuesday, as imports,...

Sept 15 (Reuters) - Swiss seeds and agrichemicals company Syngenta Group ​has confidentially filed for a Hong Kong initial public offering, aiming...

Embattled German Chancellor Friedrich Merz promised on Tuesday that proposals to shield consumers from record fuel prices were coming "very...

Oil prices edged higher on Tuesday after attacks on Saudi Arabian ‌energy infrastructure left the kingdom's East-West Pipeline offline,...

Dutch farmers started fires near highways on Tuesday, disrupting traffic as they protested against the government budget, while saboteurs also tied...

The euro was pinned ​at one-month lows against a broadly strengthening dollar on Tuesday, as surging oil prices lifted Treasury yields and...

India's unemployment rate fell to 5% in August, a ​six-month low, government data showed on Tuesday. A Reuters ‌poll had...

The Indian rupee fell to its weakest level in more than a month on Tuesday but held above ​96 per dollar as likely central bank intervention...

Britain's jobs market stayed weak ​with pay growth near a six-year low, the fewest vacancies since 2021 and hiring down, according to data that...

The Bank of Korea's decision to carry ​out back-to-back interest rate hikes in August was more contentious ‌than the headline vote...

Pressure on the rupee is likely to persist this week as oil prices stay above $100 a barrel and expectations of a U.S. Federal Reserve rate hike...

U.S. mortgage rates will stay higher than previously forecast and decline only modestly over coming quarters, a Reuters poll of property experts...

The fate of the sharpest yen rally in 18 months rests on the Bank of Japan breaking free of its cautious rate-hiking path, though it risks a...

A former Google DeepMind employee on Monday became the latest AI researcher to warn that the technology could "kill all humans", saying...

A ‌Taiwanese union representing workers at Micron Technology warned on Tuesday it could move towards a strike unless the U.S. memory...

Hedge fund managers have ‌raised more capital than planned at the start of the year for the first time in three years, according to an...

China's new home prices fell again in August, underscoring persistent weakness ​in the housing market and suggesting the economy will struggle...

Alphabet's autonomous driving unit Waymo, Japanese taxi app operator GO and taxi company Nihon Kotsu ​said on Tuesday they aim to...

AI-linked stocks plunged worldwide ​on Monday after leaders of the biggest artificial intelligence companies warned of potentially existential...

Benchmark 10-year U.S. Treasury yields climbed above 5% on Monday, the highest level since October ​2023 and a closely watched psychological...

Microsoft on Monday ‌unveiled a draft code of conduct for its in-house artificial intelligence that reflects growing industry concern...