Economic News

CARBIS BAY, England (Reuters) - G7 leaders will commit on Sunday to increase their climate finance contributions to meet an overdue spending pledge of $100 billion a year to help...

(Reuters) - The head of the World Trade Organization said on Saturday she hoped that post-Brexit tensions between Britain and the European Union would not escalate into a trade...

CARBIS BAY, England (Reuters) -British Prime Minister Boris Johnson stood firm in his position on post-Brexit trade with Northern Ireland in talks with French, German and European...

WASHINGTON (Reuters) - Russian President Vladimir Putin, in an interview with NBC News ahead of his meeting with U.S. President Joe Biden next week, said U.S.-Russia relations are...

By Andrea Shalal WASHINGTON (Reuters) - U.S. Trade Representative Katherine Tai will travel to Britain on Wednesday and hold talks with British trade minister Elizabeth Truss...

By Herbert Lash and Tom Wilson NEW YORK/LONDON (Reuters) - European shares, the S&P 500 and an index of global stock performance scaled new peaks while yields on U.S., Japanese...

(Bloomberg) -- Poverty passed on over three generations affects just 1 in 100 White Americans, compared with 1 in 5 Blacks Americans. That’s the finding of a paper from a team of...

CARBIS BAY, England (Reuters) -The United States and other Group of Seven nations are considering reallocating $100 billion from the International Monetary Fund's warchest to help...

CARBIS BAY, England (Reuters) -Britain is working with the European Union to urgently find radical proposals that would solve the post-Brexit trade problems in Northern Ireland,...

(Reuters) -BP Plc is planning to spin off its operations in Iraq into a standalone company, the Wall Street Journal reported on Friday, as the oil major looks to shift focus to...

(Bloomberg) -- Treasury 10-year yields headed for their biggest weekly decline in a year amid signs traders are further unwinding short positions in U.S. government debt despite a...

Key Points FTSE 100 closing price of 7,133.55, +0.64% Sanne Group jumps after agreeing to takeover talks USD strong, GBP mixed after record GDP Crude jumps to multiyear...

By Sinéad Carew NEW YORK (Reuters) - The euro and sterling dipped against the dollar on Friday as investors bet interest rates would stay lower for longer in Europe, a day after...

(Bloomberg) -- U.S. consumer sentiment rose in early June by more than expected on improved outlooks for the economy and moderating inflation expectations. The University of...

(Reuters) - Global equity funds faced big outflows in the week to June 9, as investors were wary ahead of U.S. inflation data, spooked by worries that an upside surprise could...

By William James CARBIS BAY, England (Reuters) - British foreign minister Dominic Raab said on Friday there was no doubt some countries were using vaccines as diplomatic tool to...

FRANKFURT (Reuters) - Copious budget spending in the euro zone is finally generating a sustainable rise in inflation but more flexible fiscal rules will be needed for years as...

 By Peter Nurse Investing.com -- Compromise on Capitol Hill over infrastructure spending, a recovering European economy, Bitcoin still in the spotlight and crude points higher...

LONDON (Reuters) - British finance minister Rishi Sunak welcomed a recovery in economic output in April, which was 2.3% higher than a month before and 27.6% higher than in April...

LONDON (Reuters) - Britain's vaccine minister said on Friday that supplies of the Pfizer-BioNTech vaccine for coronavirus would be "tight" over the next few weeks but that he was...

LONDON (Reuters) - U.S. President Biden and British Prime Minister Boris Johnson discussed opening a transatlantic travel corridor at their bilateral meeting on Thursday, but no...

LONDON (Reuters) - Britain's foreign minister Dominic Raab said that it was up to the European Union to respond to the UK's proposals on resolving the Northern Irish trade issue....

By Indradip Ghosh BENGALURU (Reuters) - The Federal Reserve is likely to announce in August or September a strategy for reducing its massive bond buying program, but won't start...

(Bloomberg) -- Peru’s central bank held its key interest rate at an all-time low Thursday as uncertainty mounts over the results of Sunday’s contentious presidential election. The...

By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer prices rose solidly in May, leading to the biggest annual increase in nearly 13 years as a reopening economy boosted demand...

By Sinéad Carew NEW YORK (Reuters) - The dollar index was down slightly on Thursday after alternating between losses and gains earlier in the session as investors digested...

By Karen Pierog CHICAGO (Reuters) - Investors are not freaking out over a spike in U.S. inflation in the past two months, showing confidence that the Federal Reserve is deftly...

PARIS (Reuters) - French President Emmanuel Macron said on Thursday he was working with international partners to create a financial mechanism to ensure important public services...

By Kate Duguid NEW YORK (Reuters) - BlackRock Inc (NYSE:BLK), the world's largest asset manager, is pushing more aggressively into private market investments, the firm detailed at...

By Elizabeth Howcroft LONDON (Reuters) -A non-fungible token (NFT) of a digital artwork called a "CryptoPunk" sold for $11.8 million on Thursday, auction house Sotheby's said....

CARBIS BAY, England (Reuters) - Britain and the United States committed to settle a trade dispute over civil aircraft subsidies on Thursday in a joint statement issued by both...

By Jan Strupczewski BRUSSELS (Reuters) - The European Commission could in September or October start its first investigations into whether EU governments sufficiently respect the...

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank raised its growth and inflation projections on Thursday but pledged a steady flow of stimulus...

(Bloomberg) -- The rally in Treasuries took a brief breather Thursday as data showed U.S. consumer prices rose last month more than predicted, but 10-year yields soon slipped back...

Key Points FTSE 100 closing price of 7088.64, +0.1% BT shares jump as Altice takes stake ECB keeps policy instruments on hold US CPI hits highest since 2008 Oil higher as OPEC...