Economy

Saudi Arabia’s ambitions in AI have come as a shock to the West.In less than a year, the kingdom has moved from broad statements about diversification to signing multibillion-dollar data…

Gold prices took a breather on Christmas Eve after rising above the psychologically-crucial level of $4,500 per ounce. Silver prices also fell slightly on Wednesday, after having hit a series of…

European markets drifted into the Christmas break as thin trading left the FTSE slightly lower, even as the index capped a standout year of outperformance.Politics, meanwhile, moved faster than markets:…

Wall Street closed higher for a fifth consecutive session on Wednesday, with the Dow Jones Industrial Average gaining approximately 300 points to reach a fresh record high as investors welcomed…

Markets tiptoed into Christmas with records on thin ice. US equities notched fresh highs in a shortened session, Japan saw a landmark private-equity exit under activist pressure, oil rebounded on…

India and New Zealand have concluded a free-trade agreement, marking the third such pact New Delhi has signed this year as it seeks to lower trade barriers and counter growing…

India’s economy has a strange habit of confusing everyone at once. Growth numbers look strong, stock markets keep attracting attention, and foreign investors are paying attention again.But this is not…

The GBP/USD exchange rate dropped by 0.75% on Wednesday after the UK published encouraging consumer inflation data. Sterling dropped to a low of 1.3327, down from this week’s high of…

India’s annual retail inflation increased to 0.71% year-on-year in November, rising from a record low of 0.25% in October, according to government data released on Friday. The figure was broadly…