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

Become a contributor

Bookmark Econotimes

Business

Sat, Apr 25, 2026 12:56 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Tencent will pursue major stakes in more gaming companies overseas amid tightening regulations in China

Oct 04, 2022 08:30 am UTC| Technology Business

Tencent Holdings could be named a majority stakeholder in more gaming companies. The tech giant is reportedly aiming to replicate its recent deal with Ubisoft to expand overseas investments, following new regulatory laws...

KFC launches chicken wraps menu as testing begins in the US

Oct 04, 2022 08:29 am UTC| Business Economy

KFC unveiled its newest menu item, and it is currently being tested in Atlanta. The Kentucky Fried Chicken Wraps is expected to become popular since customers love the KFC Twister Wraps. It was reported that since 2014,...

MBK Partners consortium bids to acquire Japan’s Toshiba

Oct 04, 2022 08:28 am UTC| Business Economy

MBK Partners joins the race to buy Toshiba, and for this buyout venture, it formed a consortium with two major firms that include the American private investment firm based in Boston, Bain Capital, and the Japanese...

Sony PlayStation chief Jim Ryan met with EU regulators to discuss Microsoft-Activision Blizzard deal, report says

Oct 03, 2022 09:54 am UTC| Technology Business

Sony is naturally one of the most vocal companies about the looming Xbox and Activision Blizzard merger. But the PlayStation maker appears to be doing more than just giving press statements as Sony Interactive...

China’s JD.com founder Richard Liu ends sexual assault lawsuit with settlement in the US

Oct 03, 2022 09:52 am UTC| Business Economy

JD.Coms founder Richard Liu has settled his civil lawsuit related to a sexual assault complaint in the United States. The billionaire that owns one of the largest e-commerce platforms in China has resolved the case that...

Stanley Black & Decker lays off 1,000 finance roles

Oct 03, 2022 09:32 am UTC| Business Economy

Stanley Black Decker, a manufacturer of industrial tools and household hardware headquartered in New Britain, Connecticut, has laid off 1,000 jobs in its finance division. Sources who are familiar with the matter said the...

China’s Geely acquires 7.6% stake in UK’s Aston Martin

Oct 03, 2022 09:16 am UTC| Business Economy

Zhejiang Geely Holding Group Co., Ltd has purchased a 7.6% stake in Aston Martin Lagonda Global Holdings PLC, a London-based English manufacturer of luxury sports cars and grand tourers. Prior to this new acquisition, it...

1971 1972 1973 1974 1975 1976 1977 1978 1979 1980

Economy

U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases

The U.S. Treasury Department has imposed new sanctions on Hengli Petrochemical (Dalian) Refinery Co., a major Chinese independent refinery, over its large-scale purchases of Iranian crude oil and petroleum products. The...

US Dollar Weakens as Iran Talks Boost Risk Appetite in Forex Market

The U.S. dollar edged lower on Friday as global investors shifted toward riskier assets, encouraged by renewed diplomatic signals between the United States and Iran. This movement in the forex market reflects growing...

Gold Prices Edge Higher on Weak Dollar but Face Weekly Loss Amid Oil-Driven Inflation Fears

Gold prices saw a modest increase on Friday, supported by a weaker U.S. dollar and renewed geopolitical developments involving the United States and Iran. Despite this slight rebound, the precious metal remains on track...

Oil Prices Steady as U.S.-Iran Talks Ease Tensions Despite Strait of Hormuz Disruptions

Oil prices remained relatively stable on Friday as optimism over renewed U.S.-Iran negotiations helped calm market fears, even as supply disruptions in the Strait of Hormuz continued to support prices. Brent crude futures...

Wall Street Hits Record High as Tech Stocks Surge Amid U.S.-Iran Developments

Wall Street closed at record levels on Friday, driven by strong investor optimism surrounding potential U.S.-Iran peace talks and robust earnings from major technology companies. The stock market showed mixed results, with...

Politics

US Freezes $344M in Crypto Linked to Iran Amid Escalating Sanctions

The U.S. Treasury Department has intensified its crackdown on illicit financial networks by sanctioning multiple cryptocurrency wallets tied to Iran, resulting in the freeze of approximately $344 million in digital assets....

Trump to Discuss Iran, NATO, and UK Digital Tax with King Charles During U.S. Visit

U.S. President Donald Trump revealed that key global and economic issuesincluding Iran, NATO, and the United Kingdoms digital services taxwill be central topics in his upcoming discussions with King Charles during the...

King Charles to Join NYC Mayor Zohran Mamdani at 9/11 Memorial During U.S. Visit

New York City Mayor Zohran Mamdani is set to participate in a solemn 9/11 memorial wreath-laying ceremony alongside Britains King Charles during the monarchs upcoming visit to the United States, according to an official...

Israeli Strikes in Gaza Kill 12, Including Police Officers, Amid Ongoing Ceasefire Violations

Israeli airstrikes and shelling across Gaza on Friday killed at least 12 people, including six police officers, according to Palestinian health officials. The latest escalation highlights the fragile security situation in...

Argentina Court Upholds Cristina Kirchner Asset Seizure in Corruption Case

An Argentine appellate court has upheld a ruling to confiscate the assets of former President Cristina Fernández de Kirchner, reinforcing a major development in her ongoing corruption case. The decision, reported by...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

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...

Technology

Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations

A U.S. federal judge has dismissed key fraud claims brought by Elon Musk in his high-profile lawsuit against OpenAI and its co-founder Sam Altman, marking a significant development in the ongoing legal battle. The ruling,...

$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion

Related Digital, a major data center developer, announced on Friday that it has secured $16 billion in financing to support the construction of a large-scale data center campus in Michigan. This significant investment...

U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation

The U.S. State Department has launched a global diplomatic effort to highlight what it describes as large-scale intellectual property theft by Chinese artificial intelligence companies. According to a diplomatic cable...

DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window

DeepSeek has unveiled preview versions of its latest open-source artificial intelligence models, marking a significant step forward in AI performance and reasoning capabilities. The new releases, DeepSeek-V4-Pro and...

Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure

Amazon (NASDAQ: AMZN) shares climbed around 2% শুক্রবার morning after Meta revealed a major expansion of its partnership with Amazon Web Services (AWS), signaling strong momentum in the growing artificial intelligence...