Economic news

Shares in BMW climbed on Thursday after the German automaker held a well-received pre-close earnings call. Shares in the German premium...

The number of Americans filing new applications for jobless benefits unexpectedly fell last week, suggesting employers may be holding on to workers...

U.S. cosmetics retailer Ulta Beauty on Thursday announced its entry into the British market with its purchase of high street chain Space...

Singapore's state investor Temasek sees growing investment opportunities in Europe as the impact of trade tensions on the economic climate...

Spain's tourism industry expects growth in summer sales to slow sharply as uncertainty over U.S. tariff negotiations threatens to...

Global copper traders are offering cargoes to Chinese buyers as they look to offload metal no longer able to reach the U.S. before President Donald...

Bitcoin climbed to an all-time high near $112,000 late on Wednesday, bolstered by an increased risk appetite and persistent institutional demand as...

German exporters do not want a deal at any price in the trade conflict with the United States, said Dirk Jandura, head of the BGA trade...

Grok AI will be available in Tesla vehicles next week "at the latest", the EV maker's CEO, Elon Musk, said in a post on X on...

The UK's FTSE 100  blue-chip index rose to an all-time high on Thursday, lifted by gains in healthcare and mining stocks, as...

America's largest power grid is under strain as data centers and AI chatbots consume power faster than new plants can be...

German packaging and medical equipment maker Gerresheimer's will decide in the second half of the year if it should spin off its moulded...

Japanese companies are taking U.S. tariffs in their stride for now, but worry about a potential hit from weakening global demand, the central bank...

Pakistan is seeking a valuation of at least $1 billion for the Roosevelt Hotel it owns in New York and is ready to part with a minority stake in...

European shares rose on Thursday, buoyed by signs of progress on a potential trade deal between the United States and the European Union. The...

Global stocks advanced on Thursday, underpinned by optimism around artificial intelligence and the prospect of upcoming interest rate cuts, while...

The Indian rupee ticked up on Thursday, tracking regional peers higher, as a fresh round of tariff threats from the White House did little to move...

Oil prices were steady on Thursday as investors weighed the potential impact of U.S. President Donald Trump's tariffs on global...

European investors are bracing for a pivotal second-quarter earnings season, which could offer the first meaningful insight into how companies are...

A downturn in Britain's housing market that followed a tax hike on property transactions in April eased off in June, according to chartered...

South Korea's central bank held interest rates steady on Thursday but a majority of board members signalled another rate cut in the next three...

0Wall Street indexes closed higher on Wednesday, led by the tech-heavy Nasdaq as Nvidia briefly reached a $4 trillion valuation, and Federal...

South Korea's central bank held interest rates steady on Thursday, in line with expectations, as it steered a cautious path amid concerns about...

Japan's annual wholesale inflation slowed in June for the third successive month, data from the Bank of Japan showed on Thursday, backing up...

The Czech government has banned the country's public administration from using any of the services of Chinese AI startup DeepSeek due to data...

Nvidia briefly reached a market capitalization of $4 trillion on Wednesday, making it the first company in the world to reach the...

Nvidia-backed Perplexity AI said on Wednesday it has launched Comet, a new web browser with AI-powered search capabilities, as the startup looks to...

Global banks including top U.S. lenders are expected to report a 10% gain in markets revenue as traders cashed in on shifting U.S. tariff policies,...

Canadian companies are boosting trade with allies other than the U.S. and with smaller markets to minimize economic damage from President Donald...

Dutch semiconductor equipment supplier ASML has dropped its inclusion and diversity targets in the U.S. to comply with regulations there, it...

Asian Paints said on Wednesday it sold its entire 4.42% stake for 7.34 billion rupees ($85.69 million) in smaller rival Akzo Nobel...

The European Union said it was working on sealing a trade deal with the United States by the end of the month, while U.S. President Donald...

The dollar hovered near a more than two-week high against the yen on Wednesday as U.S. President Donald Trump pledged more trade-related...

Sterling was little changed on Wednesday, as investors digested the Bank of England's half-yearly report on financial stability and assessed...

China unveiled new measures on Wednesday to stabilise employment, including expanded social insurance subsidies, special loans, and targeted...

U.S. companies are getting ready to open their books on the second quarter, with investors looking for signs of an impact from President Donald...

The Indian rupee closed nearly unchanged on Wednesday, tracking a muted reaction in global markets to the latest trade salvos from the White House,...

European shares rose on Wednesday, led by banks, as investors awaited signs of progress on a trade accord with the United States. The...

Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on shipping in the Red Sea,...

Volkswagen's core VW brand saw global sales volumes of electric vehicles gain 14.3% during the first half of the year as the German...

Gold prices fell on Wednesday to their lowest point in more than a week, pressured by a stronger U.S. dollar and rising Treasury yields, as the...

The U.S. dollar traded close to a 2-1/2-week high versus major peers on Wednesday while copper hit an all-time peak overnight after U.S....