Economic news

Shares in top European banks fell sharply on Wednesday as a renewed bond ​selloff and rising oil prices stoked concerns ‌that inflation could...

Oil prices rose on Wednesday, with Brent futures holding above $100 a barrel, on continued Middle East supply risks and a storm heading for...

UK's FTSE 100 edged ​lower on Wednesday after three consecutive sessions of gains, weighed ‌down by banking stocks, as rising oil prices...

Sterling scaled a 16-month high against the euro on Wednesday as France's fiscal concerns continued to weigh on the single currency, ​although...

The global economy is under threat from persistently high energy prices, ​record public debt and risks from the AI investment boom, International...

Porsche is reshaping its business ‌for a future with lower sales volumes, the sports car maker said on Wednesday, betting that a greater...

European stocks and the euro dropped on Wednesday as oil prices rose above $100 amid renewed Middle ​East tensions while fiscal concerns continued...

The US dollar edged higher on Wednesday, buoyed by rising oil prices, while investors awaited Federal Reserve meeting minutes and remarks from...

The world's rich view rising rates and yields as the biggest threat to global economic ​growth, while a large majority expect Asia to ‌be...

US credit card spending on luxury brands fell for a third consecutive month in September, retail lender Citi said on Tuesday, signalling further...

US ​stocks ended higher on Tuesday as crude prices steadied and US Treasury yields eased, offering some reprieve from concerns that have...

Paramount Skydance completed its blockbuster $110 billion takeover of Warner Bros Discovery on Tuesday, creating a Hollywood heavyweight that...

Canada's trade surplus widened substantially in August to ​C$4.2 billion ($2.94 billion), data showed on Tuesday, as exporters rushed to...

Oil prices fell nearly 2% on Tuesday as supply concerns eased due to ‌increased Middle Eastern crude exports and an agreement by the Group of...

Energy Transfer said on Tuesday it has agreed to acquire Vaquero Midstream in a deal valued ​at about $2.6 billion in cash and stock, expanding the...

Mattel's shares fell about 3% on Tuesday after investor Ariel Investments urged the toymaker to explore strategic ​alternatives, including...

London-based AI voice company ElevenLabs plans to invest "hundreds of millions of dollars" in ​India, its co-founder Mati Staniszewski...

India's fuel consumption in September rose 3.9% from the previous month to 19.26 million ​metric tons, data from the Petroleum Planning...

Marine Le Pen pledged sharply steeper cuts to spending if she wins French presidential elections next year in a ​signal to jittery bond markets the...

The Indian rupee declined to its weakest level in over two months on Tuesday, hit by outflows ​from local equities, while traders turned their...

India's September tractor retail sales declined 12.6% from a month earlier as the worst ​monsoon in a decade and a delayed festive season...

London's FTSE 100 advanced on Tuesday ​as a retreat in bond yields and softer oil prices calmed investors ‌following last week's...

A sliding euro is the latest alarm bell for policymakers facing a surge in French borrowing costs that has started to spill over into the broader...

India's dominant services industry expanded at its fastest pace in three months in September on stronger ​demand for financial, consumer and...

Oct 6 (Reuters) - German industrial orders fell sharply in ​August as large-scale orders for aircraft, ships, ‌trains, and military vehicles...

Gold prices eased on Tuesday, pressured by ​a firmer US dollar and elevated Treasury yields, although losses were ‌limited by easing...

Asian stocks gained on Tuesday after a tech-fuelled rally lifted the Nasdaq to a record close, with lower oil prices offering further support even...

German industrial orders fell sharply in ​August as large-scale orders for aircraft, ships, ‌trains, and military vehicles declined. New...

French ‌banking group BPCE has acquired a stake of around 7% in Spanish lender Sabadell through market ​purchases and financial...

The euro languished near a 17-month low on Tuesday, weighed down by political uncertainty ‌and fiscal concerns across the euro zone, while the...

Wall Street equities were buoyed by advances in mega-cap ​stocks on Monday, as Treasury yields held near multiyear highs, the dollar advanced...

MANILA/HONG KONG, Oct 6 (Reuters) - Philippine fintech firm Mynt began a 53 ​billion Philippine peso ($844.3 million) initial public offering...

Gold prices were steady on Monday, ‌as pressure from a stronger dollar and elevated US Treasury yields was offset by reduced expectations of a...

Italy's ​biggest bank Intesa Sanpaolo has claimed a major victory in its pursuit of Monte dei ‌Paschi di Siena (MPS) by securing...

South Africa's ​government said on Monday that the ‌regulated petrol pump price would rise by as much as 12% this week and the wholesale...

Swiss drugmaker Roche will pay up to $1.27 billion to license Alector's experimental treatment for ​Parkinson's disease, the US...

German robotics maker RobCo on Monday said it had passed a $1 billion valuation and that ​its CEO Roman Holzl had relocated to ‌the United...

The UK's FTSE 100 ​rose on Monday, steadying after its steepest drop since April last ‌week, as mining shares led gains and oil prices...

Indian billionaire Mukesh Ambani's Jio Platforms plans to launch its initial public offering on ​October 21, seeking to raise about $3.8...

Hong Kong stocks edged up in light trading on Monday, as optimism in ​AI-related stocks outweighed selling pressure in property shares. ** At...

LONDON, Oct 5 (Reuters) - British services firms reported stronger cost pressures last month as fuel prices surged due to the Middle East ​conflict...

The euro slid to a 17-month low against the dollar ​on Monday as concerns about France's ability to rein in its budget deficit and a sharp bond...