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

Become a contributor

Bookmark Econotimes

Economy

Mon, Apr 06, 2026 02:42 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Community batteries are popular – but we have to make sure they actually help share power

May 17, 2023 07:47 am UTC| Economy

To power Australia without fossil fuels will mean using batteries to store power from solar and wind. We often think this means home batteries or large grid-scale installations. Theres another size too: community-scale...

India is using the G20 summit to further its settler-colonial ambitions in Kashmir

May 17, 2023 07:45 am UTC| Economy

In September, India will host the 2023 Group of 20 (G20) summit in the capital, New Delhi. Events and meetings are already taking place in other venues around the country. Under its G20 presidency, India will host a...

PUMA and Magnus Carlsen Introduce Chess-inspired Iconic Clyde Sneaker

May 16, 2023 22:25 pm UTC| Life Sports Economy Business

PUMA and five-time World Chess Champion, Magnus Carlsen, have teamed up to launch an iconic Clyde model sneaker as a tribute to the game of chess. The Magnus Carlsen x PUMA Clyde Chess sneakers capture the essence of...

PepsiCo Invests €127 Million in Irish Beverage Manufacturing Facility

May 16, 2023 22:25 pm UTC| Life Economy Business

PepsiCo is nearing completion of a 127 million investment in an additional manufacturing facility for beverage ingredients and further investment in its RD campus at Little Island, Cork. The new facility uses...

Nike To Expand Solar Array at Vietnamese Factory

May 16, 2023 22:24 pm UTC| Sports Economy Business

TotalEnergies ENEOS will increase the capacity to 7.5 MWp of an existing rooftop solar array at a Nike sports shoe factory in Vietnam under a new long-term agreement with its operator, Golden Victory Vietnam Co Ltd. The...

Ethiopia has one of Africa's most ambitious housing policies – but the lottery-based system is pulling communities apart

May 16, 2023 13:19 pm UTC| Economy

The shortage of adequate housing in cities is an issue around the globe, particularly among developing countries that are rapidly urbanising. The UN estimates that more than one billion people live in slums or informal...

Central Banking Series

Why the Bank of England is now more upbeat than the IMF

May 16, 2023 13:16 pm UTC| Economy Central Banks

The Bank of England has changed its mind about the prospects for the UK economy. Having been predicting a recession in 2023 as recently as February, its latest May report is expecting a soft landing from the bout of high...

1021 1022 1023 1024 1025 1026 1027 1028 1029 1030

Economy

Trump-Xi Summit 2026: U.S.-China Trade War Tensions and Tariff Talks

U.S. President Donald Trump is scheduled to meet Chinese President Xi Jinping in May 2026 during his first trip to China in eight years a high-stakes diplomatic visit arriving amid one of the most turbulent periods in...

U.S. Futures Drop as Trump Issues Iran Military Deadline, Oil Prices Jump

U.S. stock index futures pulled back Sunday night as geopolitical tensions in the Middle East intensified, pushing oil prices sharply higher after President Donald Trump issued a military ultimatum to Iran over access to...

Strait of Hormuz Disruption Sparks Global Oil Supply Fears

Growing concerns over a potential global oil shortage have resurfaced as escalating Middle East tensions disrupt energy shipments through the Strait of Hormuz, one of the worlds most strategically vital oil transit routes....

Oil Prices Surge as U.S.-Iran Conflict Threatens Global Supply

Global oil prices climbed sharply on Monday following the Easter holiday weekend, driven by escalating tensions between the United States, Israel, and Iran that continue to rattle international energy markets. The ongoing...

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...

Politics

Trump's "Easter Miracle" Rescue Sparks Church-State Debate

The dramatic rescue of a U.S. airman from Iran over the Easter weekend has ignited a national conversation about the role of religion in American military and foreign policy. President Donald Trump called the operation an...

Iran Rejects Trump's Hormuz Ultimatum, Threatens Wider Trade Disruption

Iran has firmly pushed back against U.S. President Donald Trumps latest threats over the Strait of Hormuz, dismissing his ultimatum and introducing new conditions that could further destabilize global trade routes. The...

Trump Issues Deadline for Iran to Reopen Strait of Hormuz Amid Escalating Conflict

President Donald Trump has set an 8:00 p.m. Eastern Time Tuesday deadline for Iran to reopen the Strait of Hormuz, one of the worlds most critical oil shipping routes, warning of severe military consequences if the demand...

U.S. Commandos Execute Daring Rescue Mission Deep Inside Iran

In one of the most audacious military operations in recent American history, U.S. special operations forces successfully extracted a stranded American weapons specialist from deep within Iranian territory. The mission,...

Ukraine Launches Massive Drone Offensive Across Russia, Knocking Out Power to Hundreds of Thousands

Russias military reported intercepting 148 Ukrainian drones within a three-hour window on Sunday evening, marking one of the more significant aerial campaigns in recent months. Air defence units neutralized the unmanned...

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

Samsung Electronics Eyes Record Q1 Profit Amid AI-Driven Chip Boom

Samsung Electronics is on track to report a historic first-quarter operating profit of approximately 40.5 trillion won ($26.9 billion), representing a six-fold year-over-year increase, according to a consensus estimate...

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...