Economic news

Truck maker Navistar International Corp has bought a minority stake in TuSimple and aims to co-develop self-driving trucks by 2024 with the...

Goldman Sachs Group Inc’s trading revenue doubled in the second quarter, driven by big swings in stock and bond markets since March,...

World shares climbed toward a four-month high on Wednesday with the euro and oil in tow, as hopes for a coronavirus vaccine offset rising tensions...

Oil prices rose firmly Wednesday, boosted after data from an industry trade group showed a large decline in U.S. crude inventories as traders also...

Gold prices slipped on Wednesday as global stocks rallied on optimism about the progress in finding a vaccine for the coronavirus.

British inflation rose unexpectedly last month, spurred by rising prices for in-demand video game consoles during the coronavirus lockdown,...

Stock-index futures pointed to a higher start for Wall Street Wednesday, as investors took some cheer from positive results for a COVID-19 vaccine...

Stocks and U.S. equity futures rose, while the dollar weakened to a one-month low as progress in developing a coronavirus vaccine crossed a key...

PayPal has confirmed that it is developing capabilities in the cryptocurrency space, according to a letter to the European Commission. Originally...

India’s Reliance Industries on Wednesday said Alphabet Inc’s Google will buy a 7.7% stake in its digital unit for $4.5 billion, winning...

Moderna Inc. stock skyrocketed in premarket trade Wednesday, after the biotech company said its coronavirus vaccine candidate produced a...

Britain sold a three-year government bond with a record-low negative yield on Wednesday, highlighting investors’ ongoing concern about the...

One small firm in three around the world was obliged to cut jobs to stay open through the coronavirus pandemic in May, a survey showed on...

Saudi Arabian supermarket retailer Bindawood Holding has postponed its planned initial public offering (IPO) to September, two sources with...

Euro zone bond yields held steady in early Wednesday trade, with a light data calendar keeping focus on Thursday’s European Central Bank...

London-listed shares rose on Wednesday as signs of progress in developing a COVID-19 vaccine bolstered hopes of a swift post-pandemic economic...

European stocks rose on Wednesday, with U.S. equity futures also climbing, as investors embraced positive news surrounding a coronavirus vaccine...

China’s biggest chipmaker SMIC is set to follow its staggering $6.6 billion share sale with its Shanghai market debut on Thursday, just as...

Rates as of 04:00 GMT Market Recap A big “risk-on” day in New York, with the DJIA in particular showing a 2.1% jump (S&P 500 a more...

Apple’s clash with EU competition regulators comes to a head on Wednesday as Europe’s second-highest court rules on whether it has to...

The U.S. economy will recover more slowly than expected amid a surge in novel coronavirus cases across the country, and a broad second wave of the...

Nissan Motor Co on Wednesday unveiled the Ariya - an electric SUV and its first all-new global model in five years - hoping it will symbolize...

The Bank of Japan kept monetary policy steady on Wednesday and maintained its view that the economy would gradually emerge from the coronavirus...

The Dakota Access oil pipeline can continue to operate amid an ongoing court battle, a U.S. Appeals Court said on Tuesday, setting aside for now a...

Wall Street ended higher on Tuesday, led by a surge in the Dow Jones Industrial Average, as investors bought energy and materials stocks and looked...

The euro rose to a four-month high against the dollar on Wednesday on hopes European Union leaders may agree on stimulus and deepening fiscal...

The Australian and New Zealand dollars edged higher on Wednesday as progress on a COVID-19 vaccine buoyed U.S. equities, while details of a bumper...

Asian shares pared gains on Wednesday, led by losses in Chinese stocks, after Beijing vowed retaliatory sanctions against the United States, while...

Australian shares rose on Wednesday as investors looked past a spike in COVID-19 cases to overnight gains on Wall Street, with gold stocks leading...

Gold futures edged lower Tuesday, slipping just under the psychologically important $1,800-an-ounce level. Gold for August delivery on...

Oil futures slipped Tuesday, with pressure attributed to mounting tensions between the U.S. and China, as well as a continued rise in COVID-19...

Wells Fargo & Co swung to a second-quarter loss as the coronavirus set back the bank’s progress in recovering after a series of...

The number of people in Austria working in so-called Kurzarbeit layoff prevention schemes increased by more than 50,000 last week, the labour...

JPMorgan Chase & Co on Tuesday set aside about $10.5 billion in reserves to cover a wave of potential defaults in the aftermath of the COVID-19...

German solar power plant developer ib vogt GmbH, which is led by former Q-Cells Chief Executive Anton Milner, has been put up for sale by its...

The U.S. dollar gave up early gains on Tuesday with currency traders unfazed by diplomatic tensions between the United States and China and rising...

Global stocks slipped on Tuesday, oil fell and a safety bid supported the dollar as simmering Sino-U.S. tensions and new coronavirus restrictions...

Investors retreated to safe euro zone government bonds on Tuesday after a surge in COVID-19 cases in California dampened Monday’s excitement...

Online electricals retailer AO World on Tuesday reported a jump of more than 50% in annual core profit and a rise in sales, sending shares in...

Ocado, the British online supermarket and technology group, said it was confident that the surge in online grocery shopping due to the coronavirus...

European stocks were hit by a selloff in technology shares on Tuesday, after a drop overnight on Wall Street following fears of new coronavirus...

Alphabet Inc’s Google is in advanced talks to invest $4 billion for a stake in the digital arm of Indian conglomerate Reliance Industries...