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

Become a contributor

Bookmark Econotimes

Economy

Mon, Apr 06, 2026 04:34 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Domino's Pizza delivery business suffers slowdown as consumers opt to cook at home due to inflation

Apr 29, 2023 22:24 pm UTC| Life Economy Business

Dominos Pizza Inc warned that its delivery business is experiencing a slowdown as consumers have become cautious about spending on pricier food items and higher delivery fees and are now opting to cook at home. The...

PepsiCo announces the appointment of new executive

Apr 29, 2023 07:40 am UTC| Business Economy

PepsiCo Inc. has appointed its new chief corporate affairs officer who will succeed Roberto Azevedo, who is set to retire in June. The New York-headquartered snack and beverage company named Stephen Kehoe as Azevedos...

Amazon ditches Halo unit, announces discontinuation of fitness wearable devices

Apr 29, 2023 07:34 am UTC| Business Economy

Amazon Inc. has gotten rid of Halo, its health-focused business unit. With the shutdown, all of the wearables and devices under the brand will also be discontinued. Amazons decision to pull the plug on its Halo division...

Honda Motor, TSMC sign strategic partnership deal for stable chip supply

Apr 29, 2023 07:06 am UTC| Business Economy

Honda Motor Co. Ltd. and Taiwan Semiconductor Manufacturing Co. (TSMC) announced they had signed a deal for the procurement of chips. The agreement will ensure that the Japanese automaker will have a steady supply of...

Mattel, Hasbro’s licensing agreement prompts share price surge

Apr 29, 2023 06:58 am UTC| Business Economy

Mattel Inc. and Hasbro Inc. may be rivals, but they have recently joined forces and signed a multiple-year licensing deal. After the announcement of their partnership, their respective share price reportedly soared. On...

Katy Perry loses trademark fight with Australian fashion designer

Apr 29, 2023 00:00 am UTC| Law Life Economy Business

An Australian court has ruled that pop superstar Katy Perry infringed the trademark of a Sydney-based fashion designer, Katie Taylor, who has been selling her products locally under the Katie Perry label Katie Taylor,...

Kevin Durant becomes 3rd NBA player awarded lifetime Nike deal

Apr 28, 2023 23:56 pm UTC| Sports Economy Business

Phoenix Suns Kevin Durant has become the third NBA star after Michael Jordan and LeBron James, to sign a lifetime deal with Nike, which will continue to include footwear, apparel, and a grassroots-focused basketball...

1041 1042 1043 1044 1045 1046 1047 1048 1049 1050

Economy

Strait of Hormuz Crisis Fuels Oil Surge as Asian Markets Brace for Impact

Asian markets opened with a cautious tone Monday as geopolitical tensions in the Middle East continued shaking investor confidence. U.S. President Donald Trumps stern warning to Iran threatening devastating military...

Dollar Holds Steady as Yen Nears Critical 160 Level Amid Iran War Escalation

Global currency markets opened cautiously on Monday as the U.S. dollar maintained its footing while the Japanese yen hovered dangerously close to the psychologically significant 160-per-dollar threshold. Thin trading...

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,...

Iran's Stranglehold on the Strait of Hormuz: What It Means for Global Markets

U.S. intelligence assessments now confirm that Iran has no intention of loosening its grip on the Strait of Hormuz anytime soon. Tehran views control over this critical oil corridor as its most powerful bargaining chip...

Politics

Taiwan Opposition Leader's China Visit: A Peace Mission Amid Rising Tensions

Taiwans Kuomintang (KMT) chairwoman Cheng Li-wun is heading to China on Tuesday in a landmark visit the first by a KMT leader in over a decade. She describes the trip as a peace mission, with a potential meeting with...

U.S. and Iran Edge Toward Potential 45-Day Ceasefire Amid Escalating Tensions

Diplomatic efforts between the United States and Iran are gaining momentum, with mediators from Pakistan, Egypt, and Turkey joining negotiations aimed at brokering a potential 45-day ceasefire, according to a report by...

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

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...

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

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

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...