Economic news

Macy's raised its annual forecasts and posted ‌its first quarterly sales growth in nearly four years on Wednesday, driven by strong...

The Trump administration has proposed ​new tariffs of up to 12.5% on imports from 60 economies after determining they had failed to curb trade in...

U.S. services sector activity picked up in May as businesses preemptively placed orders and rebuilt inventories in anticipation of shortages and...

U.S. private payrolls increased broadly in May, but economists cautioned against viewing the rise as a sign of a strengthening labor market, noting...

Fiat will start sales of its Grizzly mid-sized SUV and Grizzly Fastback model in ​the second half of this year in ‌Europe, the Middle East and...

Market intelligence platform AlphaSense said on Wednesday it ​has raised $350 million at a valuation of $7.5 billion, nearly ‌double that of...

The British pound was little changed ​against the dollar and euro on Wednesday, with investors remaining focused on the conflict ‌in the...

UK shares declined ​on Wednesday, as risk sentiment took a hit after hostilities ‌in the Middle East picked up again and sent crude oil prices...

The Indian rupee weakened on Wednesday, weighed by a jump in oil prices on renewed hostilities in ​the Middle East and weakness in local stocks...

France's services sector contracted at its sharpest pace in 5-1/2 years in May as weaker demand and ​rising costs due to the Iran...

European stocks and U.S. futures fell slightly on Wednesday as oil prices rose for a third session as fresh ​hostilities flared in the...

European shares slipped on Wednesday as ‌renewed Middle East hostilities and signs of strain in private markets spooked investors, while Zara...

Germany's service sector contracted for a second straight month in May as subdued demand and high energy and other costs due to ​the war...

Renewed strength in the dollar pushed the Japanese yen ​back to the key 160 level on Wednesday, prompting verbal warnings from authorities and...

Zara owner Inditex reported a strong start ‌to summer trading on Wednesday as currency-adjusted sales grew 11.5% in May, handily beating...

Gold prices slipped on Wednesday, as renewed hostilities ‌in the Middle East pushed crude higher and stalled U.S.-Iran talks, while investors...

Oil prices rose over 1% on Wednesday, extending gains from the previous session, as hostilities in the Middle East erupted anew and talks between...

Britain ​has imposed new conduct requirements on Google's search services, including allowing publishers to ‌stop their content being...

The United States has proposed an additional tariff of 12.5% on ‌imports from India, saying it is among 60 economies that failed to curb...

Russia's services sector contracted in May at its quickest pace since September as weaker demand drove ​steeper falls in new orders and output,...

BENGALURU, June 3 (Reuters) - India's dominant services sector grew at its fastest pace in six months in May on a pick-up ​in domestic demand,...

The Trump administration on Tuesday proposed imposing additional duties of 10% or ​12.5% on imports from 60 economies after determining their...

The S&P 500 and the Dow closed modestly higher on Tuesday as ​risk appetite driven by AI fervor was counterbalanced by tensions arising from...

Australia's competition watchdog on Wednesday approved Ampol's A$1.1 billion ($789.47 million) acquisition of EG Australia, the local...

Italian bank UniCredit has increased its direct stake in Commerzbank to 34.4%, it said on Tuesday, ​under the takeover bid it launched on...

Philip Morris International cut its annual profit forecast on Tuesday citing ​currency swings, though CEO Jacek Olczak said other risks to...

Mastercard named Ling Hai as chief financial officer on ​Tuesday to succeed Sachin Mehra, who will step into the newly ‌created role of...

Victoria's Secret shares jumped about 50% to a record high and were set for their best day ever on Tuesday, after the lingerie retailer raised...

Amazon.com will host its annual Prime Day sales event from June 23 to June 26 after launching the event in July for the past five years,...

U.S. job openings increased more than expected in April, hitting the highest level in nearly two years, though hiring declined likely ​because of...

Hewlett Packard Enterprise shares surged 28% on Tuesday after a rosy quarter that put it on track ​to hit long-term financial...

India has tightened restrictions on silver imports by adding grain and powder forms to the list of restricted ​categories and mandating prior valid...

An Estee Lauder merger with Jean Paul Gaultier-owner Puig failed to go through because of the ​price tag, Stephane de La Faverie,...

Cisco Systems on Tuesday announced a new suite of software tools that businesses can use to build their own ​armies of bots known as AI...

Two tankers carrying oil products exited ​the Strait of Hormuz over the past week, while a liquefied natural gas carrier loaded cargo ‌in the...

European shares rose on Tuesday as a strong forecast from chipmaker ‌STMicroelectronics lifted technology stocks, while investors awaited a...

The global role of the euro currency hardly budged ‌last year, disappointing some hopes that erratic economic policy in the United States...

Gold prices rose on Tuesday, supported by lower ‌Treasury yields and a partial ceasefire between Hezbollah and Israel, while investors awaited...

India's equity markets slipped to seventh place in terms of market capitalisation on Tuesday as heavy foreign selling, weak earnings growth and...

Only a third of the euro zone's largest companies have indicated they are raising prices in response to the Iran war, a Reuters analysis...

The Indian rupee retreated below the 95 per dollar mark on Tuesday, pressured by weakness in local ​stocks and elevated importer hedging as...

The U.S. dollar steadied on Tuesday in a wait-and-see approach to Middle ​East peace talks, with Lebanon announcing a limited ceasefire between the...