Economic news

Indian biscuit maker Britannia Industries beat estimates for fourth-quarter profit on Friday, aided by resilient demand from urban...

Cboe Global Markets reported a rise in first-quarter profit on Friday, as strong demand for hedging products amid shifts in market volatility...

U.S. investors were net sellers of equity funds for a fifth successive week in the seven days to May 1, exercising caution ahead of the Federal...

U.S. job growth slowed more than expected in April and annual wage gains cooled, signs of a looser labor market which are good news for markets and...

A dispute between Tesla and Sweden's IF Metall has drawn in unions across the Nordics, all urging the electric vehicle (EV) maker to sign...

Physical gold demand in India remained subdued this week despite a slight correction in prices as buyers awaited an even bigger drop, while Chinese...

U.S. stock index futures gained on Friday, lifted by upbeat corporate updates from Apple and Amgen, while traders braced for a key jobs report for...

Interest rates at major central banks remained static in April as the prospect of higher-for-longer U.S. Federal Reserve rates exerted some...

Sony Pictures Entertainment (SPE) and Apollo Global Management have made a $26 billion cash offer for movie group Paramount Global, the Wall...

Hong Kong's March retail sales fell 7% from a year earlier, partly due to a high base of comparison for visitor spending and the Easter...

Public sector productivity, a major shortcoming in Britain's economy, worsened in late 2023 and remained a long way off its pre-pandemic...

European shares rose on Friday as investors cheered earnings from French banks Societe Generale and Credit Agricole, while the technology sector...

Oil prices edged higher on Friday, but headed for their steepest weekly loss in three months as uncertainty about demand and high interest rates...

Britain's FTSE 100 hit a record high on Friday, boosted by Anglo-American after Reuters reported Glencore is exploring an approach for the...

Indian real estate developer Godrej Properties reported a fall in fourth-quarter revenue on Friday, weighed by muted pricing in the key market...

Norway's central bank kept interest rates on hold at 4.50% on Friday, as unanimously expected by analysts, and said a tight monetary...

The yen was headed for its biggest weekly gain in 16 months on Friday, helped by Japan's suspected intervention this week to pull the...

German consumer goods company Henkel slightly raised its guidance for 2024 on Friday, saying strong performance in the first quarter had...

As Adidas aims to build on hot demand for its three-striped white and black Samba and multi-coloured Gazelle sneakers, it's also taking...

Germany's Daimler Truck AG posted first-quarter core profit of 1.21 billion euros ($1.30 billion) on Friday, beating the consensus...

Japan appears to have bought some time and respite for a tumbling yen through its latest bursts of suspected interventions, yet it has also...

Holiday Inn owner Intercontinental Hotels Group (IHG) posted a 2.6% rise in first-quarter room revenue on Friday, helped by its performance in...

Global drinks group Diageo named Nik Jhangiani as its chief financial officer (CFO) on Friday, replacing Lavanya Chandrashekar who will step...

Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program,...

Google has asked a U.S. judge not to impose sweeping changes to the Alphabet unit's app store Play that were proposed by...

Asian stocks surged to their highest in 15 months on Friday led by tech and Hong Kong stocks, while the yen put more distance from recent 34-year...

Money is pouring into Taiwan exchange-traded funds as investors scramble for exposure to the artificial intelligence supply chain, raising analyst...

U.S. stocks rallied on Thursday as investors weighed the Federal Reserve's more dovish-than-expected interest rate guidance on Wednesday...

The Indian rupee is expected to march higher at open on Friday, like its Asian peers, fuelled by the drop in U.S. Treasury yields before the U.S...

U.S. job growth probably slowed to a still-solid clip in April, with wages maintaining their steady rise, which would allay fears that the economy...

South Korea's antitrust regulator said on Friday food makers and suppliers will be required to notify shoppers if they reduce the size of their...

New orders for U.S.-manufactured goods increased solidly in March, boosted by demand for commercial aircraft and motor vehicles, but gains...

U.S. law firm Mayer Brown said on Thursday that it plans to separate from its current Hong Kong operations, as many international law firms rethink...

Pop-Tarts maker Kellanova on Thursday beat Wall Street estimates for first-quarter sales and profit on higher prices and firm demand for its...

The U.S. trade deficit narrowed slightly in March as a decline in imports was tempered somewhat by a plunge in exports. The trade deficit...

Eurozone inflation held steady as expected in April. The ECB is expecting a rate cut on June 6, provided there is no surprise in wage or price...

The British pound slipped against the dollar, having risen the day before after the Federal Reserve's policy meeting, while investors were...

Adani Ports and Special Economic Zone (APSEZ), India's largest private port operator, posted a 76% rise in its fourth-quarter profit on...

Standard Chartered PLC beat forecasts on Thursday with a 5.5% rise in first-quarter pretax profit, as a surge in income from its trading and...

South Korea on Thursday unveiled guidelines for companies participating in a government programme aimed at enhancing shareholder value, but some...

The ongoing downturn in euro zone manufacturing activity deepened in April due to crumbling demand despite factories cutting prices, pushing firms...

European shares flitted in a tight range on Thursday, after falling to a one-week low in early trade, as investors returned from a mid-week holiday...