Economic news


Tesla Shares Gain after Model Y Price Hike in U.S., Europe

Tesla Shares Gain after Model Y Price Hike in U.S., Europe

Shares of Tesla rose by nearly 7% on Monday after the automaker announced price increases for its Model Y electric vehicles across some European countries and the United States. Tesla said prices of its Model Y vehicles will be increased by approximately 2,000 euros ($2,177) in some Eur...


March 18, 2024
China Sets Higher Bar for  Consumer Finance Companies
China Sets Higher Bar for Consumer Finance Companies

China has changed the rules for consumer finance firms for the first time in a decade, setting a higher bar for non-bank financial businesses...

Pfizer to Cut Stake in Sensodyne Toothpaste-Maker Haleon to 24%
Pfizer to Cut Stake in Sensodyne Toothpaste-Maker Haleon to 24%

Consumer healthcare firm Haleon said on Monday that U.S. drugmaker Pfizer, its top shareholder, will sell down its stake in the company to...

Goldman Sachs Veteran Stephanie Cohen Resigns
Goldman Sachs Veteran Stephanie Cohen Resigns

Goldman Sachs' Stephanie Cohen, global head of platform solutions, became the latest senior executive to depart the Wall Street giant on Monday...

US homebuilder confidence at highest level since July, NAHB says
US homebuilder confidence at highest level since July, NAHB says

U.S. homebuilder confidence rose in March to the highest level since July due to easing mortgage rates and an improved pricing environment amid a...

Talos Energy to Sell Carbon Capture Unit to TotalEnergies for $148M
Talos Energy to Sell Carbon Capture Unit to TotalEnergies for $148M

U.S. oil and gas producer Talos Energy said on Monday it will sell its carbon capture and sequestration unit to French firm...

Uber to Pay $178M in Australia Taxi Class Action Settlement
Uber to Pay $178M in Australia Taxi Class Action Settlement

Uber has agreed to pay A$271.8 million ($178 million) to settle a lawsuit brought by Australian taxi operators and drivers, who say they lost...

Saudi Crude Exports Fall for Second Straight Month in January
Saudi Crude Exports Fall for Second Straight Month in January

Saudi Arabia's crude oil exports fell in January for a second straight month, data from the Joint Organizations Data Initiative (JODI) showed...

Sterling Treads Water ahead of BoE Decision
Sterling Treads Water ahead of BoE Decision

The pound held steady on Monday as investors waited for the Bank of England decision later in the week, with the focus on the Bank of Japan and...

Funds Cover CBOT Soy and Corn Shorts, Snapping Bean Selling Streak
Funds Cover CBOT Soy and Corn Shorts, Snapping Bean Selling Streak

Speculators covered short positions in Chicago corn and soybeans last week, chipping away at their still-massive bearish bets as futures continued...

Super Micro Computer Rides AI Server Boom to Join S&P 500
Super Micro Computer Rides AI Server Boom to Join S&P 500

Super Micro Computer, which joins the S&P 500 on Monday, enjoys a rare advantage among server makers that are trying to tap the generative AI...

Europe's Start-Ups Turn to Increasingly Complex Debt Deals as Cash Dries Up
Europe's Start-Ups Turn to Increasingly Complex Debt Deals as Cash Dries Up

European venture capital-backed companies are signing up to increasingly complex convertible debt deals which risk giving investors more control or...

Metals Lead Rise in India's Blue-Chips; Adani Stocks, Small-, Mid-Caps Fall
Metals Lead Rise in India's Blue-Chips; Adani Stocks, Small-, Mid-Caps Fall

Indian blue-chip shares rebounded from a weak start on Monday, lifted by metal companies on strong China data and block deals in Tata Steel, while...

Inflation Frustration may Prompt Fed to Dial Back Rate-Cut Outlook
Inflation Frustration may Prompt Fed to Dial Back Rate-Cut Outlook

U.S. central bankers are not expected to cut borrowing costs this week, but their new economic projections may be a wild card, potentially...

Commodity-Linked Stocks Lift European Equities ahead of Inflation Data
Commodity-Linked Stocks Lift European Equities ahead of Inflation Data

European shares edged higher on Monday, supported by strength in commodity-linked stocks, although investor caution ahead of euro zone inflation...

London's FTSE 100 Inches Up on Oil Boost; Data Eyed
London's FTSE 100 Inches Up on Oil Boost; Data Eyed

The UK's FTSE 100 inched higher on Monday as energy stocks tracked crude prices higher, while investor caution ahead of domestic inflation data...

Logitech CFO to Step Down in May, Shares Fall
Logitech CFO to Step Down in May, Shares Fall

Logitech said on Monday its chief financial officer Charles Boynton will leave the company in May. The Swiss company said Boyton is...

Rupee Supported by Inflows, Undermined by Weak Asian Currencies
Rupee Supported by Inflows, Undermined by Weak Asian Currencies

The Indian rupee was trading little changed on Monday, helped by persistent inflows and pegged back by weak Asian currencies and dollar buying by...

Julius Baer Cuts 2023 Executive Bonuses after Signa Losses
Julius Baer Cuts 2023 Executive Bonuses after Signa Losses

Julius Baer cut 2023 bonus payments to its now departed chief executive and other senior managers in the wake of hefty losses the Swiss bank...

Aviva Sells Singlife Joint Venture Stake for $1.2 bln
Aviva Sells Singlife Joint Venture Stake for $1.2 bln

Aviva has completed the sale of its stake in Singapore Life Holdings, plus two debt instruments, for a combined 937 million pounds ($1.19...

Oil Prices Build on Last Week's Strength, Supply Risks Rise
Oil Prices Build on Last Week's Strength, Supply Risks Rise

Oil prices ticked up in Asian trade on Monday, extending gains from last week of nearly 4% on the view that supply was tightening, with the risks...

China's Upbeat Industrial Output, Retail Sales Tempered by Frail Property
China's Upbeat Industrial Output, Retail Sales Tempered by Frail Property

China's factory output and retail sales beat expectations in the January-February period, marking a solid start for 2024 and offering some...

South African Rand Slips ahead of CPI, Central Bank Meetings
South African Rand Slips ahead of CPI, Central Bank Meetings

South Africa's rand weakened in early trade on Monday, at the start of a week that will include South African inflation figures and several...

More Chinese Tied Knot in 2023, Lifting Marriage Rates for 1st Time in 9Y
More Chinese Tied Knot in 2023, Lifting Marriage Rates for 1st Time in 9Y

The number of new marriages in China jumped 12.4% in 2023 from a year earlier, reversing a downtrend that has lasted for almost a decade as more...

Wall St Drops with Tech-Related Shares, Investors Assess Rate Outlook
Wall St Drops with Tech-Related Shares, Investors Assess Rate Outlook

U.S. stocks fell on Friday, led by technology-related megacaps that have propelled this year's rally, while investors weighed the interest rate...

India Adani Group's Dollar Bonds, Shares Tumble on US Probe Report
India Adani Group's Dollar Bonds, Shares Tumble on US Probe Report

Most dollar bonds of Adani Group companies fell to their lowest level in two months on Monday following a report indicating that U.S. prosecutors...

Japan Core Machinery Orders Fall more than Expected, Fuel Economic Uncertainty
Japan Core Machinery Orders Fall more than Expected, Fuel Economic Uncertainty

Japan's core machinery orders fell more than expected in January on the back of a weak manufacturing sector, data showed on Monday, prompting...

Meta, Boeing, GE Vernova Join US Business Delegation to Vietnam this Week
Meta, Boeing, GE Vernova Join US Business Delegation to Vietnam this Week

A large U.S. business delegation, including Meta, Boeing and wind energy firm GE Vernova, is visiting Vietnam this week in a sign of continued...

Asia Cheers China Data, as Central Banks Line Up
Asia Cheers China Data, as Central Banks Line Up

Asian shares firmed on Monday as Chinese data surprised on the upside for once, while investors looked to navigate a minefield of central...

Dollar Steady, Yen Wavers as BOJ Policy Shift Beckons
Dollar Steady, Yen Wavers as BOJ Policy Shift Beckons

The dollar was steady on Monday as traders looked ahead to a week dominated by central bank meetings worldwide, with the Bank of...

China Jan-Feb Industrial Output Rises 7%, Beats Expectations
China Jan-Feb Industrial Output Rises 7%, Beats Expectations

China's industrial output grew 7.0% year-on-year in the January-February period, data showed on Monday, accelerating from the 6.8% pace seen in...

The BOJ won't Sway Japan's Trillions of Investment Abroad
The BOJ won't Sway Japan's Trillions of Investment Abroad

Even as the Bank of Japan prepares for a pivotal change in monetary policy, analysts say much more will need to be done to materially shift the...

Japanese Bank Trains Staff for Novel Scenario: Positive Interest Rates
Japanese Bank Trains Staff for Novel Scenario: Positive Interest Rates

As Japan nears an end to eight years of negative interest rates, a regional lender in Kyoto is offering e-learning to train up staff who have no...

China's Property Investment Declines Slow, Sector still Shaky
China's Property Investment Declines Slow, Sector still Shaky

China's fragile housing market opened this year with slower declines in property investment and sales, buoyed by government efforts to arrest a...

March 15, 2024
China's JD.com Walks Away from Offer for Britain's Currys
China's JD.com Walks Away from Offer for Britain's Currys

China-based online retailer JD.com said on Friday it would not make an offer for British electricals group Currys, days after U.S. investor...

US Consumer Sentiment, Inflation Expectations Stable in March
US Consumer Sentiment, Inflation Expectations Stable in March

U.S. consumer sentiment and inflation expectations were little changed in March, a survey showed on Friday. The University of Michigan's...

Adobe Shares Fall as Downbeat Forecast Fans Worries about Competition, AI Efforts
Adobe Shares Fall as Downbeat Forecast Fans Worries about Competition, AI Efforts

Adobe shares fell 12% on Friday as a lackluster quarterly forecast reinforced concerns about rising competition for the company's creative...

Some McDonald's Outlets Back Online after Tech Outage in Several Countries
Some McDonald's Outlets Back Online after Tech Outage in Several Countries

Some McDonald's stores were back online after a technology outage on Friday disrupted operations for a few hours at many of the restaurant...

PPI Figures and Retail Sales Grew Beating Expectations, U.S. Dollar Strengthened, Gold and U.S. Indices Suffered Retreat, Crude Oil Higher
PPI Figures and Retail Sales Grew Beating Expectations, U.S. Dollar Strengthened, Gold and U.S. Indices Suffered Retreat, Crude Oil Higher

According to the reports for PPI and Retail Sales in the U.S., Producer prices experienced a jump and retail sales were reported to grow. The U.S....

US Automakers Race to Build more Hybrids as EV Sales Slow
US Automakers Race to Build more Hybrids as EV Sales Slow

As U.S. sales of gas-electric hybrid vehicles surge and electric-vehicle sales cool, automakers and suppliers are betting consumer demand for a...

Peak Rates Boost U.S. Demand for Riskier form of Corporate Debt
Peak Rates Boost U.S. Demand for Riskier form of Corporate Debt

The U.S. market for one of the riskiest types of corporate debt is resurging this year, as companies cater to investor demand for assets that can...

TikTok Advertisers will Look to Rivals if US Senate Moves ahead on Ban
TikTok Advertisers will Look to Rivals if US Senate Moves ahead on Ban

Advertisers who turn to TikTok to market to young consumers are preparing contingency plans with social media rivals in the event the short-form...

TSX Futures Gain, Copper Surges on China's Potential Output Cut
TSX Futures Gain, Copper Surges on China's Potential Output Cut

Futures for Canada's main stock index rose on Friday as copper prices surged on a potential output cut by China, while investors awaited...


The latest news and actual trends of equity markets, Forex and world economy

World financial markets have the strongest and fastest growth in the world. Stock and Forex markets are influenced by economic developments taking place in the global arena. In order to multiply your income, you should always be aware of the latest developments from the world of economics and finance. All the latest information is on the GuruTrade portal. Remember: he who owns the information, owns the world - become aware and rich with GuruTrade!

Find out main events in the world economy with GuruTrade

Economic news in the world - it is one of the most popular sections of the site GuruTrade.com. In this part of the site you can find published opinions and forecasts of the most authoritative experts and economists on the topics of finance, markets, macroeconomics, small business, industry and international trade. Information about events in the area of economics and finance on GuruTrade site is complemented with reports from the government meetings and interviews with government officials and businessmen. With us you will always be aware of the latest news of the world economy and finance!

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree