Economic news

British businesses expect to increase prices and wages by ​a bit less in the ‌year ahead after a ceasefire in the Iran war briefly pushed down...

British firms reported their first growth in three months in July, helped by a brief respite in the Iran war, and were the most upbeat since the...

Indian banks and insurers will launch a common customer identification system in August, with asset managers joining ‌later, two regulatory...

Reckitt Benckiser on Friday agreed to sell its Russian hygiene ​business to local consumer goods manufacturer Arnest ‌Management, as the...

India's gold discounts widened to their highest level in seven ‌weeks as demand remained subdued after a price rebound earlier in the week...

Oil futures prices retreated on ​Friday but are still set for hefty weekly gains because of concerns about disrupted energy flows in the Red...

Asian shares sank on Friday as a near 40% rise in oil prices this ​month due to the intensifying conflict in the Gulf revived inflation fears,...

The dollar was underpinned by higher U.S. Treasury yields on Friday and hovered near a 40-year peak ​against the yen, as a spike in oil prices and...

Wall Street indexes closed lower on Thursday with Nasdaq sinking more than 2% as the latest earnings ​updates from large technology companies...

South Africa's central bank surprised investors and economists by keeping ​its main lending rate unchanged on Thursday, saying its policy was...

Alphabet's first cash burn on record has jolted investors awaiting more Big Tech results next week as soaring AI spending ​strains one of...

Boeing ​edged Airbus in a subdued series of order announcements at the Farnborough Airshow this week, as the global aerospace industry...

Renault Group sales rebounded ‌in the second quarter as strong demand for its Renault 5 electric vehicle helped the French automaker...

Cryptocurrency exchange BitMEX, whose founders were pardoned by U.S. President Donald Trump last year, said on Thursday it will shut down...

Mexico's economy contracted in ​May from April, official ‌data showed on Thursday, fueling caution about the country's situation ​as...

Harley-Davidson reported lower second-quarter profit and revenue but raised its annual forecast on Thursday, as the ​legacy motorbike maker...

Short sellers targeting SpaceX shares are sitting on an estimated $15.5 billion in paper profit since the rockets-to-AI firm's mid-June...

The European Central Bank kept borrowing costs on hold on Thursday but left room ​for more tightening in the coming months as ‌a widening...

The pound held steady and was ​set for its first monthly rise against the dollar since April on Thursday, while ‌investors weighed a jump in...

European semiconductor stocks moved sharply on Thursday after earnings updates, with Soitec surging on strong photonics demand linked to artificial...

Britain's FTSE 100 was little changed on Thursday as weakness in precious metal miners offset gains in energy shares after ​higher oil prices,...

July 23 (Reuters) - Shares of Dr Reddy's Laboratories fell as much as 6.9% on Thursday after many brokerages cut their earnings forecasts...

British manufacturing orders continued to deteriorate in July at the joint-fastest ​rate since September 2020, during the ‌COVID-19 pandemic,...

Gold retreated on Thursday, as the intensifying Middle East ‌conflict drove up oil prices and supported investor concerns that inflationary...

The ​dollar edged lower against the euro ahead of the European Central Bank's policy meeting on Thursday and reached a fresh ‌40-year high...

Chipmaker CXMT's high-profile debut next week will mark a major milestone for China's state-led funding model, highlighting how government...

French business confidence ​rose to a four-month high in July despite a new flare-up ‌in the U.S.-Israeli war on Iran and record heatwaves at...

Indian multiplex operator PVR INOX on Thursday posted a first-quarter profit, helped by strong demand for films across ​languages, higher...

Asian wealthy families and fund managers are increasingly moving beyond sponsorships and charity-linked sporting events to invest directly in...

The euro rose towards a one-week high on Thursday ahead of a European Central Bank policy decision, with ‌officials expected to keep...

Oil ​prices rose for a fifth day on Thursday on increasing concerns about supply availability amid attacks on tankers in the ‌Red Sea by...

Malaysian and Hong Kong securities regulators signed a memorandum of understanding on Thursday aimed ​at facilitating dual initial public offering...

Asian stocks rose on Thursday after U.S. technology firms outlined significant capital spending plans that are likely to benefit chipmakers in ​the...

The Bank of Japan will raise its interest rate again by end-December and possibly as soon as October, according to a majority of economists in a...

The Nasdaq led Wall Street lower on Wednesday with a mixed performance from technology stocks, as investors ​waited for key earnings reports to...

South Korea's economy ‌grew faster than expectations in the second quarter, driven by a semiconductor export boom that offset a decline in...

Australian employment surged past all ​expectations in June, data showed on Thursday, in a sign of economic resilience that had markets...

U.S. hyperscalers are starting to show returns on their artificial intelligence investments, but the rising cost of the ​buildout is taking a bite...

Elevator maker Otis Worldwide on Wednesday cut its annual adjusted profit forecast on the back of increased costs, especially tied ​to labor,...

Porsche's supervisory board gave its blessing to the next round of restructuring measures on Wednesday, a company spokesperson said, ​with...

India's Eternal expects its grocery delivery unit Blinkit's profitability to hit the higher end of its previous forecast ​range, the...

Samsung Electronics on Wednesday ​unveiled a passport-sized foldable phone and raised prices of two updated foldable models, ‌as it grapples...