Economic news

The U.S. Food ​and Drug Administration this week granted a licence for sale for one more vape brand, ‌but only in tobacco flavour, according...

Adobe's battered shares fell another 6% on Friday as news that the Photoshop maker's long-time CEO would step down cast fresh doubts ​over...

Brent crude climbed past $100 a barrel on Friday as it became clear an Indian tanker ​did not sail through the Strait of Hormuz but had departed...

Euro zone industrial production unexpectedly shrunk ​in January as most of the bloc's biggest countries recorded declines, casting doubt on the...

U.S. grain prices have surged since the Iran war began, triggering a flurry of corn and soybean sales by farmers who squirreled away last...

Honda's $15.7 billion writedown of its electric vehicle business is not just a painful reversal of its strategy for the U.S.; it also...

Hong Kong's stock exchange has proposed lowering market value thresholds for companies seeking to use a dual-class share structure - a move...

New bank lending in China slumped far more than expected in February, retreating sharply from a seasonally strong start to the year as weak credit...

Gold was on track for a second straight weekly loss, even as ‌it edged higher on Friday, as surging oil prices dampened rate cut bets and...

Didi Global reported on Friday a net loss for the fourth quarter, ​as China's largest ride-hailing platform ramped up its international...

China's banks extended 900 billion yuan ($130 ​billion) in new yuan loans ‌in February, plunging from 4.71 trillion yuan in January and...

The United ​States issued a 30-day waiver for countries to buy sanctioned Russian oil and petroleum products currently stranded at sea, in what...

The U.S. dollar was on course for a second consecutive weekly gain on Friday as the war in the Middle East drove investors towards safe-haven...

Oil prices headed for weekly gains as ​of Friday, despite the U.S. trying to ease supply concerns by issuing a 30-day license for...

Apple said on Thursday it would lower the commission fees collected by the company from its App Store in ​mainland China in a huge win for...

India's domestic car dispatches to dealers rose for the fifth straight month in February, data from an industry ​body showed on Friday, helped...

Asian stocks slumped on Friday, poised for a second straight weekly decline as fast-dwindling hopes of a resolution ​to the U.S. and Israel's...

Chinese lenders plan to steer more money toward technology and innovation-oriented firms, bankers say, responding to Beijing's pledge to...

Just days before the U.S. and Israel launched strikes on Iran, HSBC's CEO Georges ​Elhedery said the Asia-Middle East corridor was...

European ​shares extended losses on Thursday as investors grappled with a surge in oil prices, which brought ‌concerns about inflation amid...

UK stocks closed lower for a ‌second straight day on Thursday after Iran stepped up attacks on oil and transport facilities across the Middle...

Rivian will begin delivering its more affordable R2 line of ‌SUVs this spring with a variant priced at $57,990 and roll out cheaper...

Canada's trade deficit in January surprisingly ​widened as exports fell more than imports, led by a meaningful drop in shipments of motor...

The U.S. Federal Reserve will cut interest rates for the first time this year in June, according to economists polled by Reuters who are clinging...

India's retail inflation rose to 3.21% year-over-year in February, driven by higher prices of food, personal care products and precious...

Brazil's 12-month inflation slowed in February to its lowest level in almost two years, official data showed on Thursday, potentially ​paving...

Investment funds run by big financial firms such as KKR and Blue Owl have seen ​their stock prices slide in recent weeks as investors...

The pound headed for a third daily ​loss against the dollar on Thursday, as concern about a lasting rise in energy prices ‌and nervousness...

RWE will expand more aggressively in the United States, a market ‌where data centres have significantly fuelled power demand,...

Deutsche Bank said on Thursday that its private credit portfolio grew around ​6% to nearly 26 billion euros ($30.05 ‌billion) in 2025 as...

Oracle's Mike Sicilia is the latest software CEO to wade in to the debate on whether artificial intelligence tools that heavily automate...

Chinese companies have rushed to derivatives for protection from currency exposure as a rising yuan has hurt some exporters for months and - more...

Air New Zealand said on Thursday it ​would slash 5% of its flights, or around 1,100 services, through early May as the Iran...

Gold prices fell on Thursday, weighed down ‌by a firmer U.S. dollar and waning hopes for near-term U.S. interest rate cuts as higher energy...

Oil prices rose on Thursday as Iran stepped up attacks on oil and transport facilities across ‌the Middle East, raising fears of a...

BMW expects group ​pre-tax earnings to decline moderately this ‌year and deliveries to stagnate, with trade barriers weighing on its core cars...

Shares in Asia fell broadly on Thursday as oil prices ​roared 9% past $100 a barrel on reports of more ships struck in Gulf waters and...

Dealmaking in the international upstream oil and gas market remained subdued for the second straight year in 2025, totaling just $18 billion,...

JPMorgan Chase has reduced the value of some loans ‌to private credit funds after reviewing the impact of market turmoil around...

As a sharp rise in oil prices rattles global transport markets, airlines ​face an additional threat: the price of jet fuel has risen far faster...

The UK's main indexes closed lower on Wednesday, as oil prices continued to climb on concerns that the Middle East conflict will...

Synopsys on Wednesday rolled out new software tools to handle the fast-increasing complexity of designing ​artificial intelligence chips, the first...