Economic news

United Parcel Service said on Sunday that it had ​reached an agreement with the ‌International Brotherhood of Teamsters to cap severance...

Strait of Hormuz closure disrupts Middle East oil exports, refiners seek alternatives Trump threatens further action if Strait remains closed...

The Bank of Japan said surging oil costs and supply disruptions brought about by ‌the Middle East conflict could hurt the economy, signalling...

The Indian rupee firmed on Monday, as a regulation-spurred unwinding of arbitrage positions continued to spark clustered ​dollar sales. The...

BENGALURU, April 6 (Reuters) - India's services sector grew at its weakest pace in 14 months in March as the Middle East war dampened domestic...

Gold prices slipped on Monday as a firmer ‌U.S. dollar, buoyed by a strong U.S. jobs report, further dampened rate cut bets, while markets...

Oil prices rose while stocks were mixed on ​Monday after U.S. President Donald Trump warned of "hell" for Iran unless it reopens the...

Indian fast-fashion retailer Trent said on Monday its standalone revenue rose ​20% in the fourth quarter, picking ‌up from the slowest...

OPEC+ agreed ‌on Sunday to raise its oil output quotas by 206,000 barrels per day for May, a modest rise that will largely exist on paper as...

The dollar was steady on Monday, while the yen flirted with the crucial 160 per dollar level, ​as nervous investors took stock of...

India’s auto dealers on Monday warned of possible supply or dispatch disruptions in the near term as ​the West Asia conflict drove up raw...

India’s central bank is expected to keep interest rates on hold on Wednesday as policymakers assess the fallout from the ​war in Iran ,...

Citigroup has pushed back its Fed rate-cut timeline, citing unexpectedly strong U.S. ​job gains and persistent inflation risks. The...

South Korean Finance Minister Koo Yun-cheol met with envoys from Gulf countries to ​shore up energy security and the ‌safety of Korean vessels...

Paramount Skydance ​is in talks to secure signed equity commitments ‌of almost $24 billion from three sovereign wealth funds led by Saudi...

Two blockbuster mergers involving U.S. food companies, struck within 24 hours, gatecrashed ​the ranks of the biggest global transactions of the...

China's DeepSeek's new model called V4 will run on the latest chips designed by ​Huawei Technologies, U.S. digital news outlet The...

Indian consumer goods maker Dabur expects fourth-quarter operating profit to grow ​at a faster pace than revenue, which ‌is set to rise...

Popular car-shopping website Edmunds put a Chinese vehicle through a series of rigorous tests ​for the first time, and Editor-in-Chief Alistair...

World food prices climbed in March to their highest ‌level since September last year and could rise further if the Middle...

Samsung Electronics, benefiting from red-hot chip prices stoked by the AI boom, is expected to book a six-fold jump in operating ​profit for...

The Bank of Japan will keep raising interest rates if its economic forecasts hold, ‌a senior central bank official said, reinforcing a...

Hyundai Motor said on Friday that exports to Europe and North Africa, which typically transit through ‌the Middle East, were being...

The United Arab Emirates' non-oil private sector activity expanded at its weakest pace in nearly four years in March ​as the Middle East...

Russia's services sector contracted in March for the first time in six months as demand ​softened and new orders broadly stalled, a business...

Bangladesh has launched fresh measures to curb energy consumption, cutting office hours and trimming public spending as conflict ​in the Middle...

A long-term liquefied natural gas sales and purchase ​agreement entered into last year ‌between Japan's largest power generator, JERA, and...

Nonfarm payrolls forecast increasing 60,000 in March Economists say it will take time for the oil price shock to impact the labor market...

Tesla ​plans to expand in Japan to at least 60 stores as it seeks to become the ‌country's biggest imported car brand by as early as...

U.S. stocks ended ​slightly mixed on Thursday after paring deeper losses, as diplomatic signals from the Middle East helped calm markets rattled...

Growth in China's services activity slowed in March from February's 33-month high, as softer demand and a decline in overseas orders...

Japan's services sector grew at its weakest pace in three months in March, a private survey showed on Friday, as rising ​uncertainty over the...

New applications for U.S. unemployment benefits unexpectedly fell last week amid low layoffs, suggesting labor market conditions remained calm in...

Starbucks will move to weekly pay for all U.S. store workers and roll out a program that adds bonuses ​and expands tips, it said on Thursday,...

The average rate on the most popular ​home-loan rate rose to its highest since early September, ‌as the Iran war pushes up oil prices and fans...

Tesla kicked off 2026 ​with its weakest quarterly deliveries in a year, missing Wall Street expectations as fading U.S. incentives and...

Ford Motor reported a near 9% drop in first-quarter U.S. sales ​on Thursday, as persistent affordability pressures prompt consumers to rethink...

The Canadian dollar weakened against its U.S. counterpart on ‌Thursday as optimism faded that the war in the Middle East might end...

BP named Carol Howle as deputy chief ​executive on Thursday and said she would oversee the ‌company's ongoing portfolio review and...

Canada's merchandise trade ​deficit came in much wider than expected in February, data showed on Thursday, as a surge in gold ‌purchases...

Gold prices fell on Thursday as the U.S. dollar and ‌oil prices rose after President Donald Trump said the U.S. would continue attacks on...

London's ​main indexes fell on Thursday, snapping three straight days of ‌gains, as market sentiment weakened after U.S. President Donald...