Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to support the sagging cost of crude after two earlier production cuts by members of the OPEC+ alliance of major oil-producing countries failed to push prices higher

By Johan Ahlander and Simon Johnson STOCKHOLM Harvard economic historian Claudia Goldin won the 2023 Nobel economics prize

Oil steadied after jumping Wednesday on signs Israel will proceed with a ground invasion of Gaza, reviving concerns

By Fergal Smith TORONTO Canada's second-quarter GDP report, due on Friday, is likely to show a sharp slowdown

LAS VEGAS--(BUSINESS WIRE)--Jun 27, 2023--

European power prices fell below zero again as production from solar farms overwhelms the grid early in the

The UK’s largest banks and asset managers will be tested against a hypothetical shock worse than last year’s

Riyadh Air, the new Saudi Arabian airline building a fleet from scratch, is close to an order for

By Luc Cohen NEW YORK U.S. prosecutors on Wednesday unveiled an indictment charging Olivier Amar, who helped run

President Joe Biden lambasted Republican frontrunner Donald Trump for comparing his political enemies to “vermin,” saying the language

A look at the day ahead in European and global markets from Vidya Ranganathan Tuesday's a busy day for European

By Nivedita Balu and Granth Vanaik (Reuters) -Bank of Nova Scotia is raising C$895 million ($647 million) in cash by