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

Become a contributor

Bookmark Econotimes

Economy

Mon, Apr 06, 2026 02:50 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Burger King, Tim Hortons Boost RBI Earnings, Beating Estimates

May 03, 2023 09:15 am UTC| Business Economy

Burger King and Tim Hortons reportedly helped their parent company, Restaurant Brands International Inc. beat estimates after posting high sales. RBI said during its quarterly earnings and revenue report on Tuesday, May 2,...

Samsung Electronics Forbids Staff From Using ChatGPT, Other AI tools

May 03, 2023 09:08 am UTC| Business Economy Technology

Samsung Electronics is prohibiting its employees from using any artificial intelligence (AI) tools such as ChatGPT. The ban comes as the company became very concerned after the recent incident of a data leak. Samsung...

LG Pay Ends Services After Falling Behind Samsung Pay, Apple Pay and Naver Pay

May 03, 2023 07:39 am UTC| Business Economy Technology

LG Pay is terminating its services this year, just six years after it was launched in South Korea. LG Electronics online payment system will cease operations after falling father from its rivals in the market, such as...

CJ CheilJedang Unveils ‘Cuisine.K’ for its K-food Global Expansion Push

May 03, 2023 06:57 am UTC| Business Economy

CJ ChielJedang Corporation is a leading food company based in Seoul, South Korea. It has announced the launch of its Cuisine.K project with the aim of nurturing young Korean chefs to step up the expansion of Korean food...

Qantas Names First Woman CEO as Alan Joyce Leaves

May 03, 2023 06:46 am UTC| Business Economy

Qantas Airways Limited announced it has already selected a new chief executive officer who will replace Alan Joyce, who is set to retire in November. The flag carrier of Australia promoted Vanessa Hudson to the role, and...

Samsung Unveils PC Lineup Featuring Intel 13th Gen Core processors

May 02, 2023 23:47 pm UTC| Technology Economy Business

Samsung has unveiled the Galaxy Book 3, the Samsung All-in-One, and the Samsung Desktop this month, featuring the latest Intel 13th Gen Core processors. The Galaxy Book 3, which boasts a slim metal design similar to...

Diageo Korea Challenges Trade Act Prohibition With Johnnie Walker Order Policy

May 02, 2023 23:45 pm UTC| Life Law Economy Business

Diageo Korea is requiring bars, nightclubs, and other establishments to purchase all seven of its imported liquors every month from May to July to be able to place an order for its popular whisky, Johnnie Walker. The...

1031 1032 1033 1034 1035 1036 1037 1038 1039 1040

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...