Economic news

If Ferrari wanted to grab the world's ​attention with the Luce, its first all-electric car, mission accomplished - even if much of the...

Exxon Mobil shareholders on Wednesday approved the company's plan to redomicile in Texas, marking a win for the top U.S. oil producer...

MILAN, May 27 (Reuters) - A planned joint venture between Eni and Malaysia's state energy company ​Petronas, named SEARAH, is...

Euro zone banks need to invest more in cybersecurity if they are to get a ​grip on new AI models that can find flaws in ‌software, the...

Iran says new US strikes violate ceasefire US April PCE data due on Thursday Fed's Kashkari calls for focus on inflation risk Traders see...

UK shares edged higher on Wednesday as hopes of a resolution to the Iran war pushed down crude prices and lifted risk ​appetite, with upbeat...

The pound fell for a second day against the euro ​on Wednesday and made little headway against the dollar, as doubts about the likelihood of peace...

Indian stocks are set for their first annual decline in more than a decade, a Reuters poll of equity ​analysts found, as an exodus of foreign...

India's ​rice exports in the first four months of 2026 fell marginally from a ‌year earlier as the U.S.-Israeli war with Iran...

The U.S. dollar, long stuck in a tight trading range, could be in for a break higher as the Federal Reserve shifts its focus to fighting worrisome...

SK Hynix topped $1 trillion ​in market value for the first time on Wednesday, joining its memory chip rivals Samsung Electronics and Micron...

The deal Samsung Electronics struck with its union averts a massive strike and gives its memory chip ​workers eye-popping bonuses. It also...

European shares will struggle to post further gains for the rest of this year, a Reuters poll found, weighed down by the ​economic hit from the...

Japan's Nikkei share average retreated from a record peak to end nearly ​flat on Wednesday, as investor caution grew about the ‌fast-paced...

Demand for electrified cars kept Europe's auto market growing in April, offsetting weaker petrol and ​diesel demand and helping Chinese brands...

Asian shares climbed to record highs while oil prices remained elevated on Wednesday, as markets looked for signals that ​a shaky truce...

BlackRock would back consolidation among large miners ​because it would open the sector to generalist investors at a scale that would make ‌it...

Hong ​Kong has overtaken Switzerland as the top global booking centre for cross-border wealth, ‌a first that is unlikely to be reversed as...

The S&P 500 and Nasdaq hit record closing highs on Tuesday, as AI-fueled optimism offset anxiety over Middle ‌East peace talks —...

Australian consumer prices increased by less than expected in April thanks to a government tax cut on fuel, data showed on Wednesday, while core...

China's industrial profits ​in April grew at the fastest pace since November 2023, despite financial pressures stemming from softening...

Micron Technology briefly topped $1 trillion in market value for the first time on Tuesday, crowning ​a dizzying rally that has cemented the...

BP has ousted Chair Albert ​Manifold with immediate effect, it said on Tuesday, citing governance and conduct issues, with four sources...

U.S. consumer confidence eased in May as worries about ​inflation linked to the war with ‌Iran intensified, offsetting an improvement in...

U.S. single-family house prices edged up in March, but further increases are unlikely as the war ​with Iran pushes mortgage rates higher, dampening...

Property developer China Vanke Co, is seeking to ​extend four onshore bonds by ‌one year, offering to repay 40% of principal upfront, sources...

European stock indexes gave up some recent gains on Tuesday and oil prices rose after new ‌U.S. strikes in southern Iran dampened...

Brent ​crude oil rose more than 2% on Tuesday after the U.S. military carried out strikes in Iran, ‌adding to uncertainty on whether a...

India's position as the fifth-largest global market by capitalisation is under threat as Taiwan closes in on the South Asian nation's spot,...

UK shares rose ​on Tuesday, with the FTSE 250 hitting a near three-month ‌high, as investors returned from a long weekend and caught up on...

The Indian rupee slipped on Tuesday as crude oil prices rebounded on waning optimism about the chances of an imminent U.S.-Iran peace ​deal. The...

The pound slipped on Tuesday after optimism about an Iran peace deal was tempered by U.S. attacks on Iranian targets and comments from...

British retailers reported lower sales in May against a backdrop of weak demand, but not the record downturn they had reported a month earlier,...

The Reserve Bank of India's three-year dollar/rupee buy-sell swap drew strong demand on Tuesday, with the auction receiving ​bids of nearly $10...

British shop price inflation sped up in May on the back of disruption and ​higher energy costs caused by the Iran ‌war, according to a retail...

Spanish industrial prices rose 8.3% in ​the 12 months through ‌April following a revised 3.1% increase in the ​12 months through ​March, the...

Kent RO Systems has shelved plans to go public, its chairman told Reuters, as the Indian water-purifier maker becomes ​the latest company to delay...

Gold fell on Tuesday as ‌fresh U.S. attacks in Iran pushed oil prices higher, fuelling concerns around inflation and higher-for-longer...

The dollar steadied on Tuesday as investor hopes of an imminent deal to reopen the crucial ‌Strait of Hormuz and end the Iran...

Oil prices rose on Tuesday and stocks dithered as investor optimism over an imminent U.S.-Iran peace deal was tempered ‌by new U.S. strikes in...

India's statistics ministry has proposed changes to the way it calculates the monthly industrial output, including expanding sector coverage...

South Korea's central bank will keep ​its key policy rate unchanged at a review on Thursday, according to economists ‌in a Reuters poll,...