Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Business

Tue, Feb 24, 2026 03:02 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Why the profit motive fails in education

Dec 13, 2019 07:27 am UTC| Insights & Views Business

The Morrison governments waiving of almost A$500 million in dodgy vocational education and training debts holds many lessons about the nature of education and public services being provided by for-profit...

South African Airways saga puts spotlight on role of directors

Dec 13, 2019 07:25 am UTC| Insights & Views Business

The board of South Africas national airlines recently took a unanimous decision to go into voluntary business rescue. The step removes the threat of the directors being sued by creditors for reckless trading for now, at...

Amazon says Donald Trump pressured Pentagon to block AWS from bagging $10B JEDI deal

Dec 11, 2019 12:16 pm UTC| Business

The row between Donald Trump and Amazon just got uglier. The retailer giant claimed on Monday that the president was the reason why its cloud computing arm Amazon Web Services (AWS) did not win the $10 billion Joint...

New Slot Releases from NetEnt

Dec 11, 2019 02:49 am UTC| Business

Since its formation in 1996, NetEnt has been one of the leading slot companies on Earth. With a host of legendary slot titles to its name including Starburst, Gonzos Quest and Guns N Roses this Swedish company has a...

Payday lenders have embraced installment loans to evade regulations – but they may be even worse

Dec 10, 2019 05:21 am UTC| Insights & Views Law Business

Installment loans seem like a kinder, gentler version of their predatory cousin, the payday loan. But for consumers, they may be even more harmful. Use of the installment loan, in which a consumer borrows a lump sum and...

Job losses expected as NZ's broadcasting sector faces biggest overhaul in a decade

Dec 10, 2019 05:17 am UTC| Insights & Views Business

New Zealands broadcasting sector, both public and commercial, is facing the biggest structural upheaval in a decade. The latest report on New Zealand media ownership, compiled by the Journalism, Media and Democracy...

Vodafone’s struggles raise doubts about its future competitiveness

Dec 10, 2019 02:11 am UTC| Business

Vodafone is struggling to keep its Indian operations above water. Amid a background of uncertainty surrounding the proposed introduction of 5G in India, Vodafone has seen its revenues fall, its losses snowball and its...

3291 3292 3293 3294 3295 3296 3297 3298 3299 3300

Economy

Oil Prices Hover Near Seven-Month High as U.S.-Iran Nuclear Talks and Trade Tensions Stir Market Uncertainty

Oil prices remained just below a nearly seven-month high on Tuesday as investors closely monitored renewed U.S.-Iran nuclear talks and ongoing uncertainty surrounding U.S. trade policy. Heightened Middle East tensions and...

Dollar Stalls as Trump Tariff Turmoil Shakes Global Markets

The U.S. dollar weakened on Tuesday as Asian markets reacted to renewed uncertainty surrounding President Donald Trumps tariff policy and its potential fallout on global trade. Investors reassessed currency positions after...

China Holds Loan Prime Rates Steady as PBOC Maintains Cautious Monetary Policy

Chinas central bank kept its benchmark lending rates unchanged in February, marking the ninth consecutive month of steady policy as officials navigate mixed economic signals and subdued domestic demand. The Peoples Bank of...

Asian Markets Slip as Wall Street Selloff Deepens on Trump Tariff Uncertainty and AI Fears

Asian stock markets edged lower in early Tuesday trading after a sharp selloff on Wall Street rattled global investor sentiment. Heightened uncertainty surrounding U.S. President Donald Trumps tariff policy and rising...

Bank of Korea Expected to Hold Interest Rates at 2.50% Through 2026 Amid Currency and Housing Market Risks

South Koreas central bank is widely expected to keep its benchmark interest rate unchanged at 2.50% this week and likely through 2026, according to a recent Reuters poll. The Bank of Korea (BOK) is maintaining a cautious...

Politics

Venezuela Amnesty Law Frees Nearly 2,200 Prisoners, Says Jorge Arreaza

Nearly 2,200 people have been released from Venezuelan prisons following the implementation of a new amnesty law, according to lawmaker Jorge Arreaza. The measure, which officially came into effect on Friday, marks a...

Albanese Backs Move to Remove Prince Andrew from Line of Succession Amid Ongoing Investigation

Australian Prime Minister Anthony Albanese has confirmed he would support legislation to remove Prince Andrew, also known as Andrew Mountbatten-Windsor, from the line of succession to the British throne. In a letter sent...

Australia Launches Royal Commission Into Antisemitism After Bondi Beach Hanukkah Attack

Australia will formally begin a government-backed Royal Commission into antisemitism on Tuesday, following the deadly Bondi Beach Hanukkah attack that left 15 people dead last December. The mass shooting at a Jewish...

Democrats Warn Trump’s China Tech Security Pause Threatens U.S. National Security

Democrats in the U.S. House of Representatives are raising alarms over the Trump administrations decision to pause key technology security measures targeting Beijing, arguing the move could weaken U.S. national security...

Mexico Kills ‘El Mencho’ in Major Military Raid, Escalating War on Cartels

Mexicos military has killed Nemesio Oseguera Cervantes, known as El Mencho, the powerful leader of the Jalisco New Generation Cartel (CJNG), in a dramatic raid that could reshape the countrys fight against organized crime....

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Nvidia Earnings Preview: AI Chip Demand, Data Center Growth and Blackwell Shipments in Focus

Nvidia is poised to report another quarter of strong growth, with Wall Street anticipating upbeat guidance driven by accelerating demand for AI infrastructure, rising shipments of next-generation Blackwell chips, and...

DeepSeek AI Model Trained on Nvidia Blackwell Chip Sparks U.S. Export Control Concerns

Chinese AI startup DeepSeek is reportedly preparing to release a new artificial intelligence model trained on Nvidias most advanced AI chip, the Blackwell, raising serious concerns about potential violations of U.S. export...

xAI’s Grok Secures Pentagon Deal for Classified Military AI Systems Amid Anthropic Dispute

Elon Musks artificial intelligence company, xAI, has signed a significant agreement with the Pentagon to deploy its Grok AI model within classified U.S. military systems, according to a report by Axios citing a defense...

Samsung Stock Hits Record High on Nvidia HBM4 Supply Deal, Boosting AI Chip Rally

Samsung Electronics shares surged to a record high on Monday after reports indicated the company could become the exclusive memory chip supplier for Nvidias next-generation AI processors. The rally highlights growing...

Microsoft Gaming Leadership Shake-Up: Phil Spencer Retires, Asha Sharma Named New Xbox CEO

Microsoft has announced a significant leadership transition in its gaming division, as longtime executive Phil Spencer prepares to retire after 38 years with the company. The move marks a pivotal moment for Microsoft...