Economic news

Shares of Wipro fell up to 2.4% on Friday after the Indian IT services firm's quarterly earnings miss and sluggish ​outlook...

Chinese luggage ‌maker Anhui Korrun said on Thursday a fund it invested in deployed 2.9 billion yuan for an indirect 0.8265% stake in...

Burberry said ‌conflict in the Middle East was hurting tourist spending in Europe, sending the British luxury brand's shares down...

The pound slipped on Friday but was on track for its third consecutive weekly rise, with UK assets supported in recent days by ​reports...

The parabolic rally in AI chipmakers has run into turbulence amid concern about valuations and the sustainability of their bumper revenues, with...

Gold was on track for ‌its biggest weekly loss in six on Friday, as escalating U.S.-Iran clashes lifted oil prices, adding to inflationary...

Shein has won approval from the Hong Kong stock exchange listing committee for an IPO, ​three people with knowledge of the matter said on Friday,...

Netflix forecast third-quarter revenue and earnings on Thursday that fell short of Wall Street targets and said it would cut ‌the...

A brutal selloff in ​chipmakers rippled through global markets on Friday, triggering a rout across Asia and setting up steep losses in Europe...

The European Central Bank will hold interest rates on July 23 but will hike for the second time this year in September as a renewed energy price...

China's biggest airlines enter the ​peak summer travel season facing a more challenging outlook after warning of heavy first-half losses, with...

Databricks said on Thursday it has signed a ​term sheet for a strategic funding round that ‌values the data analytics software firm at $188...

Chip stocks pulled the Nasdaq and the ​S&P 500 lower on Thursday as they continued to lead broader market moves despite generally upbeat U.S....

China can stabilise economic growth this year by accelerating already-budgeted national infrastructure investment projects, economists and one...

A team of South Korean and U.S. researchers has unveiled a robotic technology that allows a person to suit up without using their ​hands or aid...

U.S. retail sales rose slightly in June as lower gasoline prices weighed on receipts at service stations, but motor vehicle purchases accelerated...

Tech-heavy equity indexes around the world ​fell on Thursday as investors offloaded chip stocks, while oil futures gave up earlier gains even as...

Prediction market platform Kalshi will start taking bets on the outcomes of clinical trials and FDA regulatory reviews, it said on ​Thursday,...

The gap between German and U.S. 10-year borrowing costs sat near its narrowest in a month on Thursday as the escalation of fighting in the...

Uber agreed on Thursday to buy Germany's Delivery Hero at an equity value ​of $14.8 billion to create the largest food-delivery group...

ABB has $14 billion for further acquisitions, CEO Morten Wierod said on Thursday, after ​the Swiss engineering group announced a record $5.5...

Micron Technology on Thursday signed long-term agreements with automotive suppliers, including chip designer Qualcomm and audio ​products...

The U.S. has announced 25% duties on many imports from Brazil, while unveiling ​a broader-than-expected list of exemptions, reviving a trade war...

Germany's chemical industry expects production, including pharmaceuticals, to fall ​1.5% in 2026, its main lobby group VCI said on Thursday,...

London's FTSE 100 edged lower on Thursday as escalating tensions between the U.S. and Iran dampened risk appetite, while weakness in technology...

Shares in British technology and online grocery group Ocado tumbled to a 13-year ‌low on Thursday after it failed to show tangible...

Sterling hovered near its highest level in more than two months against the dollar, and edged lower versus the euro, as concerns over Britain's...

European companies are heading for their strongest earnings season in more ​than three years, but investors remain concerned that the region lacks...

Britain's economy eked out minimal growth in May as the services industry expanded but other sectors shrank, suggesting fragile confidence...

The dollar hovered near its one-month low on Thursday as investors weighed subdued U.S. ​inflation data, which dampened rate-hike expectations,...

Gold ​fell on Thursday as an escalating Middle East conflict fuelled concerns that ‌the U.S. Federal Reserve could hike interest rates this...

South Korea's ​central bank raised its benchmark interest rate for the first time in three-and-a-half years on Thursday and ‌flagged more...

Oil ​prices turned lower on Thursday as traders took profits while assessing the risks from a new wave of ‌U.S. strikes on Iranian military...

French food caterer Sodexo said on Thursday it expects faster revenue growth from 2027 as it ​seeks to revive performance through stronger...

The dip in SpaceX's shares below its blockbuster IPO price of $135 a share is an ominous sign ‌for Elon Musk's internet and...

Asian shares fell on Thursday as a sell-off in chipmakers overshadowed stellar ​earnings from industry bellwether TSMC, while bonds benefited from...

Wall Street stocks gained ground on Wednesday as softening inflation data and ​a robust beginning of second-quarter earnings season put investors...

Nearly half of Japanese firms are experiencing negative business impact from the Bank of Japan's interest rate hikes, with higher ​borrowing...

Swiss asset manager Partners Group ​beat expectations on new client demand on Wednesday, shoring up investor confidence in the private equity...

Johnson & Johnson said on Wednesday that its medical device unit underperformed in the second-quarter, even as strong ‌sales of...

The Port of Los Angeles, the busiest U.S. container seaport, said on Wednesday it ​set a June cargo record as shippers ranging from ‌retailers...

BlackRock's second-quarter profit outpaced Wall Street estimates on Wednesday as a ‌stock market rally lifted the value of client...