Economic news

The main UK stock indexes rose on Friday, with a gauge of precious metal miners jumping to a record high following a stunning rally in gold and...

Gold prices rose 1% to a seven-week high on Friday, bolstered by a soft dollar, expectations of interest rate cuts and safe-haven demand prompted...

The Indian rupee ended little changed after hitting a record low on Friday but notched its second weekly fall in a row as investors continued to...

The dollar steadied on Friday but was still set for its third straight weekly drop, hurt by the prospect of rate cuts next year, while sterling was...

Prime Minister Anthony Albanese announced on Friday a rescue effort to keep open Australia's largest aluminium smelter, the struggling Tomago...

British outsourcing firm Capita said on Friday its sales growth eased in the second half of the year due to contract losses and revenue delays...

The head of India's markets regulator said on Friday the agency is grappling with privacy concerns as it weighs a panel's proposal...

Broadcom shares dropped 4.7% in Frankfurt on Friday a day after the company projected first-quarter revenue above Wall Street estimates,...

Asian stocks advanced on Friday following strength on Wall Street overnight, though a fresh decline in Oracle's share price sent jitters...

Altria said on Thursday that CEO Billy Gifford, who has led the tobacco giant since 2020, would retire in May and be succeeded by finance head...

Hundreds of Starbucks' baristas walked off the job in 34 U.S. cities on Thursday, escalating a month-long strike as their union...

The U.S. trade deficit unexpectedly narrowed in September, touching the lowest level in more than five years, as exports accelerated and imports...

Cryptocurrency firm Nexo is acquiring Buenbit, an Argentine trading platform, as it targets growth across Latin America, it said on...

The number of Americans filing new applications for unemployment benefits surged last week, but that likely reflected difficulties adjusting the...

Chinese leaders promised on Thursday to maintain a "proactive" fiscal policy next year that would stimulate both consumption and...

World stocks stalled on Thursday as cloud computing giant Oracle sounded a warning for AI profitability, while bonds were firm and the dollar...

The European Commission on Thursday said it had approved 623 million euros ($729.16 million) in German government aid to support the creation of...

The European Central Bank proposed a simplification of bank regulation on Thursday, looking to prune a complex rulebook put in place after the...

Germany's economy has stabilised but remains stuck in a phase of meagre growth, with a planned fiscal expansion from next year set to provide...

Gold edged lower on Thursday, as traders weighed the U.S. Federal Reserve's divided vote on a quarter-percentage-point interest rate cut, while...

SAP falls after U.S. peer Oracle's forecast Schneider Electric up after share buyback, profit boost plans Naturgy slips after BlackRock cuts...

Oil prices eased on Thursday as investors shifted focus back to Russia-Ukraine peace talks and monitored potential fallout from a U.S. seizure of a...

New Stellantis CEO Antonio Filosa is prioritising vehicle sales growth over profits including resorting to lower-margin fleet sales and investing...

Asian equities witnessed their largest monthly foreign outflows in nearly six years in November, driven by a selloff in high-flying technology...

Chipmaker STMicroelectronics said on Thursday it had established a 1 billion euro ($1.2 billion) credit line with the European Investment Bank...

The dollar found some support on Thursday from a broad risk-off mood in markets, but failed to recoup most of its losses after the Federal Reserve...

Hong Kong's de-facto central bank lowered on Thursday its base interest rate by 25 basis points to 4.0%, in line with a cut by the...

Analysts ramped up long bets on most Asian currencies on stronger growth prospects and weakness in the greenback, a Reuters poll showed on...

Wall Street ended higher on Wednesday, after the Federal Reserve cut interest rates by a quarter percentage point as expected and investors bet on...

South Korea plans to relax rules on the separation of banking and commerce in a bid to spur investment, Finance Minister Koo Yun-cheol said on...

The Bank of Japan will proceed with a 25-basis-point interest rate hike to 0.75% at its December meeting and raise borrowing costs to at least 1%...

Pfizer will cut over 200 jobs in Switzerland as part of its multi-year cost reduction program, Bloomberg News reported on Wednesday, citing...

European shares ended flat on Wednesday, as investors adopted a cautious stance ahead of the U.S. Federal Reserve's interest rate decision,...

Britain's blue-chip FTSE 100 edged up on Wednesday, supported by gains in banking stocks as investors awaited the U.S. Federal Reserve's...

Gold prices edged lower on Wednesday as investors booked profits ahead of the U.S. Federal Reserve's interest rate decision and Chair Jerome...

The lowering of U.S. tariffs on Switzerland to 15% from 39% will be effective retroactively from November 14, the Swiss government said on...

File hosting service provider Dropbox said on Wednesday its chief financial officer Timothy Regan will step down after five years in the role...

The Bank of Canada held its key policy rate steady at 2.25% on Wednesday as widely expected, and Governor Tiff Macklem said the economy was proving...

The Russian rouble weakened against the U.S. dollar and China's yuan for the third consecutive session this week on Wednesday, after hitting...

Germany's 10-year borrowing costs hit fresh multi-month highs on Wednesday as traders price out any chance of further European Central Bank...

Amazon plans to invest more than $35 billion in India by 2030 to expand its operations by boosting artificial intelligence capabilities and...

The U.S. dollar weakened on Wednesday, erasing two days of gains, as investors trimmed positions in anticipation of an expected third consecutive...