Economic news

The UK's FTSE 100 was on course for its biggest weekly gain in more than six months on Friday, as a slide in sterling supported companies...

J.P. Morgan sees the price of Brent oil averaging $73 per barrel (/bbl) in 2025 and expects it to close the year firmly below $70/bbl, with U.S....

Gold prices rose over 1% to hit a two-week peak on Friday, heading for the best weekly performance in more than a year, buoyed by safe-haven demand...

Tech led gains in Europe on Friday, with the benchmark stock index on track for its first weekly advance in five, as the recent selling pressure...

British retail sales fell by much more than expected in October, according to official data that added to other signs of a loss of momentum in the...

Germany's economy grew less than previously estimated in the third quarter, the statistics office reported on Friday, in further bad news for a...

German home prices will reverse their relentless two-year fall and rise 3% next year and in 2026 on lower borrowing costs, according to analysts...

Bain Capital-backed Kioxia's market value is seen around 750 billion yen ($4.85 billion) in its initial public offering, a regulatory filing...

Gold looked set for its largest weekly gain in over 13 months on Friday as escalating geopolitical tensions drove investors to safe assets, while a...

British consumers have turned less pessimistic following the government's first budget and the U.S. presidential election and they are showing...

The U.S. dollar edged up to a fresh 13-month high on Friday, with little to stop the greenback's momentum as investors assessed the outlook for...

Brazilian state-run oil firm Petrobras approved on Thursday a payout of 20 billion reais ($3.4 billion) in extraordinary dividends to...

India's business activity rose at its fastest pace in three months in November, helped by an improving services industry and record job...

Wall Street's main indexes closed higher after choppy trading on Thursday, with the blue-chip Dow and the S&P 500 hitting one-week...

Japan's core inflation in October held above the central bank's 2% target and a key index stripping away the effect of fuel accelerated,...

Bitcoin came within a whisker of closing above $100,000 for the first time on Thursday as the election of Republican Donald Trump as U.S....

About 6% of Nissan Motor staff in the United States have accepted early retirement packages, a company spokesperson said on Thursday, as part...

Deere & Co forecast its 2025 profit below market expectations but reported an upbeat quarterly earnings on Thursday, as lower production...

Elf Beauty said on Thursday allegations by short-seller Muddy Waters about the beauty company overstating its revenue and inventory numbers...

U.S. existing home sales rebounded sharply in October, posting the first annual gain since mid-2021, as buyers rushed into the market to take...

South Africa's central bank opted for another small cut to its main interest rate on Thursday, stressing a tough global backdrop and uncertain...

Payments firm PayPal said on Thursday it had resolved an issue that led to a global outage affecting thousands of users for nearly two...

The number of Americans filing new applications for unemployment benefits unexpectedly fell last week, suggesting that job growth likely rebounded...

China's PDD Holdings fell short of market estimates for third-quarter revenue and profit on Thursday, as promotional offers and discounts...

Trustar Capital has raised $1 billion for a continuation fund that will hold the Chinese private equity firm's controlling stake in McDonald...

The UK's midcap index fell to its lowest in three months on Thursday after a disappointing trading update from CMC Markets, while sportswear...

Upcoming data from a mid-stage study of Amgen's experimental weight-loss drug MariTide will shed light on how well it might measure up...

The pound eased modestly against the dollar, which held firm on Thursday, as investors remained laser-focused on who President-elect Donald...

British manufacturers expect their output to grow after a recent slump linked to uncertainty about the first budget of the new government, the U.S....

Sri Lanka's consumer price inflation reached minus 0.7% year-on-year in October after easing to minus 0.2% in September, official data showed...

The Indian rupee declined to its weakest level on record on Thursday due to outflows from local stocks, which were dragged by a slump in Adani...

Automobile stocks led losses in Europe on Thursday, with geopolitical tensions weighing on overall market sentiment and keeping some safe-haven...

Firms of India's Adani Group conglomerate lost as much as $34 billion in market value on Thursday after U.S. prosecutors charged its...

The number of insolvencies in Germany rose by 22.9% in October on the previous year, the country's statistics office Destatis said on...

Oil prices climbed on Thursday as geopolitical concerns over escalating tensions between Russia and Ukraine outweighed the impact of a...

Gold prices rose for a fourth straight session on Thursday, driven by safe-haven demand amid escalating tensions between Ukraine and Russia, while...

South Africa's rand slipped on Thursday ahead of an interest rate decision by the central bank. At 0736 GMT, the rand traded at 18.15...

Sri Lanka expects the IMF to announce a staff level agreement on its third review of the country's bailout programme on Friday,...

Starbucks reiterated on Thursday it is exploring strategic partnerships for its Chinese operations, after a media report saying the company is...

The Financial Conduct Authority is seeking feedback on proposals to give lenders more time to handle complaints on non-discretionary motor finance...

The U.S. dollar paused its climb on Thursday as traders awaited more clarity on U.S. President-elect Donald Trump's proposed policies and...

Poland's top insurer PZU on Thursday reported a nearly 18% drop in its third-quarter profit due to a high number of claims for...