Economic news

Rivian Automotive ​raised its annual delivery forecast on Thursday, betting on strong demand ‌for its R1 models and electric delivery...

New orders for U.S. factory goods fell in May amid a decline in bookings for commercial aircraft, ​but demand elsewhere remained strong, partly...

Lucid Group missed second-quarter delivery estimates on Thursday and named Alexander De Bock as its new finance ​chief, the latest leadership...

Microsoft said on Thursday it is creating a new company that will help customers select AI technologies that work for their businesses and...

U.S. automakers have long infused their marketing campaigns with American pride and imagery. ​But this summer’s combination of the...

London's FTSE 100 climbs, supported by defensive healthcare and beverage stocks, as investors awaited U.S. payrolls data for ​clues on the...

Shares of China Resources New Energy more than doubled at Thursday's trading debut in Shenzhen, after the wind and solar ​power firm...

Gold climbed ‌on Thursday, bolstered by soft jobs data, weaker oil and comments from the Federal Reserve chair that suggested inflation risks...

The Indian rupee declined for the fourth consecutive session against the dollar on Thursday as market flows ​related to arbitrage trades and...

Oil prices fell ​more than 1% for the third consecutive day on Thursday as concerns over supply disruptions ‌eased after Qatar said Iran...

The pound rose to a one-year high against the euro on Thursday and jumped against the dollar as swings in the Japanese yen caused...

SINGAPORE, July 1 (Reuters) - Foundation Healthcare Holdings will raise about S$242 ​million ($186.7 million) through an initial ‌public...

The Japanese yen rose sharply against the dollar on Thursday as ​traders braced for possible intervention from Japanese authorities, who...

Italy's unemployment rate fell slightly to 5.0% in May but a ​net 22,000 jobs were lost during the month, ‌with the fall in the jobless...

Central bank officials from around the world believe they may have found a new ally in Federal Reserve Chair Kevin Warsh, providing a rare point of...

The yen jumped suddenly against the dollar on Thursday, with traders alert to ‌the prospect of intervention from Japan to prop up its...

The European Central Bank pushed back on industry calls for lower bank capital ​requirements on Thursday, arguing that the current requirements...

British business confidence fell to its lowest since 2022 as the Iran war, which pushed up costs, saps ​expectations for future sales, a survey of...

Asian shares extended declines ​on Thursday as investors rotated out of chipmakers after a stellar quarter, while currency and bond markets braced...

South Korea's consumer inflation accelerated to a two-and-a-half-year high in June, cementing ​expectations for an interest rate hike ‌by...

Sovereign wealth fund Danantara Indonesia said on Thursday that the companies under its ​control have all completed their financial...

OpenAI has discussed giving the U.S. government a 5% stake, the Financial Times ​reported on Thursday, as AI firms face growing scrutiny in...

Samsung Group detailed plans on Thursday to invest 140 ​trillion won ($90 billion) for production ‌of display panels, batteries, chips and...

U.S. stocks finished slightly ​lower on Wednesday as technology shares fell, but gains in Meta Platforms limited the decline in the S&P...

SoftBank's LY Corp and Bain Capital have again raised their bid for Kakaku.com, valuing the Japanese price-comparison website ​operator at...

Chinese ‌export controls, dependence on the U.S. for technology and the structural weakness of Europe's domestic chip industry mean it...

U.S. job growth likely slowed to a still-solid clip in June, with the unemployment rate expected to hold steady ​at 4.3% for a fourth straight...

U.S. manufacturing activity slowed in June after scaling a 4-year high in the prior month, likely as some of the lift from businesses front-loading...

The UK's blue-chip FTSE 100 slipped on Wednesday, with healthcare and energy shares leading declines, as investors monitored the ​latest...

General Mills posted better-than-expected fourth-quarter results on Wednesday, ‌helped by higher prices and resilient demand for pantry...

U.S. grocer Kroger said on Wednesday it would buy regional supermarket chain ​Giant Eagle in a $1.65 billion deal, strengthening its presence...

Gold steadied on ​Wednesday, but hovered near a seven-month low hit in the previous session ‌as rising U.S. Treasury yields and growing bets...

Chinese electric vehicle maker BYD posted a second consecutive month of global sales growth in June, as ​a surge in exports helped offset weak...

Nike shares slipped nearly 4% in premarket trading on Wednesday, as investors fretted over the slower-than-expected turnaround at the...

The pound fell for ​the first time in a week on Wednesday in the face of a robust dollar, which got ‌a lift from a rise in U.S. Treasury...

Singapore's BDx Data Centers said an initial public offering is among its options as it seeks capital to ​expand across Asia and make the most...

The Indian rupee will remain weak against the U.S. dollar over the coming months despite expectations that recent measures announced by the Reserve...

World shares started the third quarter cautiously on Wednesday ahead of ​key U.S. jobs data, as uncertainty over U.S.-Iran negotiations...

British annual house prices rose by less than expected in June, but softening expectations for interest rate hikes ​by the Bank of England are...

Indonesia posted a trade deficit of $1.61 billion in May, its ​first in six years, as exports unexpectedly fell due to lower commodity shipments,...

Asian airlines that gained passengers and charged higher fares on European routes ​after the start of the Iran conflict are...

The dollar hit a 40-year high against the yen on ​Wednesday as a sharp rise in U.S. Treasury yields boosted the currency ahead of U.S. jobs data...