Economic news

Oil prices gained nearly 3% on Wednesday after peace talks between Ukraine and Russia in Geneva ended after only two hours, with Ukrainian...

Palo Alto shares fell 6% in pre-market trading on Wednesday after the cybersecurity firm lowered its annual profit forecast on higher...

The UK's FTSE 100 touched a fresh peak on Wednesday as domestic inflation cooled last month, strengthening expectations of an interest rate cut...

The pound was little changed against the dollar as easing British inflation strengthened the case for a near-term rate cut from the Bank of...

The Indian rupee closed nearly flat on Wednesday after drifting in a narrow range through the session, with traders pointing to both importer and...

Global shares rose on Wednesday as investors took a breather following an artificial intelligence-driven selloff, while assessing...

U.S. aluminium company Alcoa will pay A$55 million ($38.9 million) to remediate native forest it illegally cleared in Western Australia in...

European nations are ratcheting up the pressure on social media companies, responding to a public outcry over child safety fears but risking a...

Hard disk drive maker Western Digital plans to raise $3.17 billion by selling some of its stake in former unit Sandisk through a secondary...

Microsoft on Wednesday said it is on pace to invest $50 billion by the end of the decade to help expand AI to countries across the 'Global...

Emerging Asian currencies weakened on Wednesday and equities moved narrowly in thin holiday‑curbed trade, with the rupiah under pressure a day...

JPMorgan Chase is planning to open over 160 branches in more than 30 states across the United States in 2026 as part of a multibillion-dollar...

Santos unveiled plans to cut about 10% of staff and review its Australian Integrated Oil and Gas portfolio after reporting a sharp fall in...

Japan's exports jumped in January and manufacturers' confidence improved this month, data showed on Wednesday, offering Tokyo some hope...

Tripadvisor said on Tuesday its board and management held multiple discussions with activist investor Starboard Value, which owns about 9% of...

U.S. homebuilder sentiment deteriorated in February, weighed down by persistently high land and construction costs as well as still-elevated house...

Danaher will acquire Masimo in a $9.9 billion deal, as it looks to expand its diagnostics portfolio with the California-based medtech...

Gold fell by more than 2% on Tuesday as signs of progress in U.S.–Iran talks drove investors away from safe-haven assets, while a stronger...

Canada's annual inflation rate in January accelerated at a slower pace than the previous month as a big drop in gasoline prices helped cushion...

German investor morale fell unexpectedly in February from January's five-year high, but continued to point to a modest recovery in Europe's...

London's FTSE 100 inched higher on Tuesday, as signs of a cooling labour market raised hopes of an interest rate cut next month, while a drop...

The U.S. dollar is due for a bit of reprieve after its four-month decline as the political and economic backdrop turns in its favor and some market...

Britain's jobless rate rose to its highest in over a decade outside the pandemic period and wage growth slowed again, data showed on Tuesday,...

Activist investor Elliott has built a more than 10% stake in Norwegian Cruise Line and plans to push for changes within the cruise operator,...

The yen climbed on Tuesday, reversing Monday’s losses against the euro and dollar, on expectations that Prime Minister Sanae Takaichi’s...

The pound dropped on Tuesday after data showed Britain's unemployment rate rose to a five-year high in December while wage growth cooled,...

Top executives from global AI giants will join several world leaders in New Delhi this week for a major artificial intelligence summit, at a time...

Global private equity investors like KKR and Blackstone have a new investment hotspot in India: cricket. The Indian Premier League, the...

Asian financial markets struck a cautious tone on Tuesday in holiday-thinned trading, as oil prices were mixed ahead of nuclear...

As luxury companies like LVMH and Gucci-owner Kering struggle to recover from a two-year slowdown, they are navigating increasingly sharp...

Life sciences firm Danaher is closing in on a nearly $10 billion deal to acquire pulse oximeter maker Masimo, the Financial Times reported on...

Goldman Sachs is preparing to eliminate race, gender identity, sexual orientation, and other diversity-related factors from the criteria its...

Volkswagen plans to cut costs by 20% across all brands by the end of 2028, Manager Magazin reported on Monday, as the German automaker looks...

Japan's economy limped back to meagre growth in the fourth quarter, significantly missing market expectations in a key test for Prime Minister...

French nuclear operator EDF said on Monday it faces increased maintenance costs of around 1.5 million euros to 3.75 million euros a year as it has...

Global hedge funds bought a record amount of stock from developed and emerging markets in Asia in the week to Friday 13, according to a Goldman...

The Japanese yen fell on Monday, reversing some of last week's strong gains following soft growth figures, while the U.S. dollar was steady as...

World shares steadied on Monday after Friday's drop triggered by AI-related concerns as the Lunar New Year holiday in Asia and Presidents Day...

India's merchandise trade deficit widened to a three-month high of $34.68 billion in January, marking the final month impacted by around 50%...

Japan's economy limped back to meagre growth in the fourth quarter, significantly missing market expectations in a key test for Prime Minister...

Oil prices were little changed on Monday, with investors weighing the market implications of upcoming U.S.-Iran talks aimed at de-escalating...

The British pound was struggling for direction against the dollar and the euro on Monday before key economic data due later this week that could...