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

Become a contributor

Bookmark Econotimes

Economy

Sat, Apr 04, 2026 10:50 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Nvidia Reaches $1T Market Cap, Becomes First US Chip Company to Attain Such Massive Valuation

May 31, 2023 07:32 am UTC| Business Economy

Nvidia Corporation reached the $1 trillion market cap on Tuesday, May 30. With this record, it has become the first US-based chip company to ever achieve this valuation. According to CNBC, shares of Nvidia surged last...

SKC, POSCO Forge Partnership for Next-Generation Battery Materials Business

May 31, 2023 07:17 am UTC| Business Economy

SKC Co. and POSCO Holdings Inc. have agreed to cooperate for the development of next-generation battery materials. They are teaming up to bolster competitiveness in this booming line of business. SKC and POSCO revealed...

Microsoft’s Activision Blizzard Acquisition Approved by Korean Regulators

May 31, 2023 07:09 am UTC| Business Technology Economy

Microsoft Corporation earned another point with its bid to acquire the Santa Monica, California-based video game holding company, Activision Blizzard, after the South Korean anti-trust regulator announced it has approved...

엔비디아 X 미디어텍, 차량용 인포테인먼트 시스템 기술 개발에 '맞손'

May 31, 2023 04:06 am UTC| Economy

원본 기사 : Nvidia, MediaTek Join Forces to Develop Advance Vehicle AI Technology 엔비디아와 미디어텍(MediaTek)이 차량용 인포테인먼트 시스템 기술 개발을 위한 파트너십 협약을 체결했다. 엔비디아와 미디어텍은...

Starbucks Unveils Tim Singleton's Bold, Rainbow-Colored Drinkware Collection as Part of New Artist Collaboration Series

May 31, 2023 00:06 am UTC| Life Economy Business

Launching the Starbucks Artist Collaboration Program, the coffee giant partners with Toronto-based artist Tim Singleton, offering a bold, colorful drinkware collection inspired by pop culture, queer culture, and nostalgia,...

Digital Currency Revolution

Starbucks to Reward Odyssey Program Members With More NFTs in June

May 30, 2023 22:02 pm UTC| Economy Business Digital Currency

Starbucks dives deeper into Web3, airdropping exclusive NFTs to eligible U.S. Odyssey rewards program members. These limited-edition digital stamps, rewards for completing specific challenges, skyrocketed in popularity...

Puma's Ambitious Sustainability Progress: 70% Products Made From 'Better Materials' in 2022, Aims for 90% by 2025

May 30, 2023 21:58 pm UTC| Sports Economy Business

Puma claimed in its 148-page 2022 sustainability report that it made seven out of 10 products from better materials last year as it boosted recycled material use. The better materials used by Puma include sustainably...

1001 1002 1003 1004 1005 1006 1007 1008 1009 1010

Economy

Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation

Morgan Stanley believes the Federal Reserve will push forward with interest rate cuts in 2026, even as rising oil prices temporarily inflate headline inflation figures. According to the banks analysts, the current...

China's Energy Resilience Shields Economy From Global Oil Shock, Goldman Sachs Says

Goldman Sachs analysts believe China is among the best-positioned major economies to weather the current oil price shock stemming from escalating Middle East tensions, citing the countrys diversified energy strategy,...

UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire

Abu Dhabi authorities have temporarily halted operations at Habshan, the United Arab Emirates largest natural gas processing facility, following a devastating attack that triggered a major fire at the site. The incident...

Trump's FY2027 Budget: Major Defense Boost and Domestic Spending Cuts

President Donald Trump has unveiled a bold federal budget proposal for fiscal year 2027, signaling a dramatic realignment of national spending priorities. The plan centers on a significant expansion of military funding...

U.S. Warplane Shot Down by Iran Amid Escalating Middle East Conflict

A U.S. military aircraft was shot down by Iranian forces on Friday, marking a significant escalation in the ongoing five-week conflict between the United States, Israel, and Iran. Both nations confirmed the incident, with...

Politics

Trump Eyes Cabinet Shake-Up Amid Iran War Political Fallout

President Donald Trump is weighing a significant cabinet reshuffle as political pressure mounts over the ongoing U.S.-Iran conflict, according to Reuters, citing sources close to internal White House deliberations. The...

Iran Tightens Grip on Strait of Hormuz as Israel Prepares Strikes and Oil Markets Spiral

Tensions between Israel and Iran have reached a critical flashpoint, with Israeli defense officials confirming preparations for potential strikes on Iranian energy infrastructure, pending U.S. authorization. The...

U.S. and Israel Escalate Pressure on Iran Over Strait of Hormuz as War Enters Sixth Week

Six weeks into the U.S.-Israeli military conflict with Iran, tensions are reaching a critical point as President Donald Trump issued a 48-hour ultimatum demanding that Tehran open the Strait of Hormuz or face devastating...

Israel Poised to Strike Iranian Energy Sites, Awaiting U.S. Approval

Israel is reportedly preparing to launch military strikes against Iranian energy infrastructure, but is holding off pending authorization from the United States, according to a senior Israeli defense official who spoke out...

U.S. Envoys Witkoff and Kushner Expected to Visit Kyiv in April Amid Stalled Peace Talks

Senior Ukrainian presidential aide Kyrylo Budanov confirmed on Saturday that U.S. special envoys Steve Witkoff and Jared Kushner are expected to travel to Kyiv in April, marking what would be their first official visit to...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...

Australia's Social Media Ban for Under-16s Sparks Global Movement

Australias landmark social media ban for users under 16, which took effect in December, is reshaping digital policy conversations worldwide. Countries including Spain and Malaysia have signaled interest in adopting similar...

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Digital Currency