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

Become a contributor

Bookmark Econotimes

Business

Tue, Jun 30, 2026 02:38 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

LaMelo Ball’s PUMA MB.02 “Phoenix” coloray to be sold exclusively in China

Oct 26, 2022 23:47 pm UTC| Sports Economy Business

LaMelo Ball and German sportswear behemoth PUMA unveiled the PUMA MB.02 Phoenix colorway exclusive to China. Although Puma may drop LaMelos second basketball shoe outside of China, the decision to release the colorway...

More solar components to be 'Made in US' due to Climate Law

Oct 26, 2022 23:47 pm UTC| Nature Law Economy Business

Enphase Energy Inc. plans to open four to six manufacturing lines in the US following the passage of the countrys landmark legislation that provides funding for clean power projects. The company, which makes components...

Philip Morris Korea to launch 'healthier' next-generation e-cigarette

Oct 26, 2022 23:46 pm UTC| Health Economy Business Life

Philip Morris Korea will launch a next-generation e-cigarette, which is less harmful and equipped with a new type of tobacco heating system, the IQOS ILUMA, next month. Paik Young-jae, managing director of Philip Morris...

Legoland financing default triggers crisis across S. Korean corporate world

Oct 26, 2022 23:43 pm UTC| Business Economy

A project financing default for the Legoland Korea amusement park construction in Gangwon Province has triggered a series of problems that made it more difficult for big businesses to raise money, according to industry...

Toyota to produce electric car powered by Chinese-made batteries

Oct 26, 2022 23:39 pm UTC| Business Economy Nature

Toyota Motor Corp. launched a small electric sedan to be powered by BYD Co. batteries and produced and sold in China. The car, the second model in the new Beyond Zero (bZ) series of battery electric vehicles (BEVs) from...

N. Korean department store selling counterfeit Chanel, Burberry, Dior

Oct 26, 2022 23:34 pm UTC| Life Economy Business

The Pyongyang Department Store No. 1 in North Korea was reported to be openly selling counterfeit foreign luxury items, according to the DPRK Today, a Chinese-based North Korean propaganda outlet. Found displayed at a...

Hyundai mulls raising speed limit of autonomous driving sedan

Oct 26, 2022 23:28 pm UTC| Business Economy Life

Hyundai Motor Group is considering raising the speed limit imposed on its first Level 3 self-driving G90 sedan under the independent Genesis brand, set to be released soon, from 60 kilometers per hour to 80. Raising the...

1981 1982 1983 1984 1985 1986 1987 1988 1989 1990

Economy

China Manufacturing PMI Edges Higher in June as Exports and AI Investment Boost Growth

Chinas manufacturing sector posted modest growth in June, with factory activity slightly exceeding market expectations as stronger export demand and continued investment in artificial intelligence supported production....

Gold Prices Drop as Fed Rate Outlook and Iran Tensions Weigh on Market

Gold prices declined sharply on Monday despite a weaker U.S. dollar, as renewed Middle East tensions and expectations for higher U.S. interest rates continued to pressure the precious metal. Investors also shifted their...

Oil Prices Slip as U.S.-Iran Peace Talks and Strait of Hormuz Risks Keep Markets on Edge

Oil prices edged lower during early Asian trading on Tuesday as investors weighed the possibility of renewed diplomatic talks between the United States and Iran against ongoing concerns over potential supply disruptions in...

Dollar Slips Ahead of Key U.S. Jobs Data as Fed Rate Outlook, ECB, and Iran Talks Shape Forex Markets

The U.S. dollar weakened on Monday after posting two consecutive weeks of gains that pushed it to its highest level since mid-May 2025, as investors shifted their attention to a busy week of U.S. labor market data that...

Trump Suspends Some Morocco Fertilizer Tariffs to Ease U.S. Supply Shortage

U.S. President Donald Trump has authorized the temporary suspension of certain duties on phosphate fertilizer imports from Morocco in an effort to ease fertilizer shortages affecting American farmers, the White House...

Politics

Sheinbaum Says No One Is Above the Law After Abuse Video of Ex-Pemex Chief Emerges

Mexican President Claudia Sheinbaum said her administration will not shield anyone from justice after a video surfaced appearing to show former Pemex chief Victor Rodriguez physically assaulting his wife, prompting a...

Russian Attacks on Dnipro, Zaporizhzhia, and Kharkiv Kill 10 as Ukraine Vows Response

Russian missile and drone attacks on three major Ukrainian cities killed at least 10 people and injured dozens on Monday, Ukrainian officials said, as strikes continued throughout the day and emergency crews searched...

Maria Corina Machado Vows Return to Venezuela After Earthquakes Despite Obstacles

Venezuelan opposition leader Maria Corina Machado said on Monday that she is prepared to do whatever it takes to return to Venezuela and assist with recovery efforts following the devastating back-to-back earthquakes that...

Trump Signs Memorandum Backing Americans’ Right to Repair Their Own Vehicles

U.S. President Donald Trump signed a new memorandum on Monday supporting Americans right to repair their own vehicles, reinforcing efforts to expand consumer access to vehicle maintenance while highlighting ongoing debates...

Israeli Airstrike Kills Three in Central Gaza Despite Ceasefire

An Israeli airstrike killed three Palestinians, including a child, in central Gaza on Monday, according to Gazas health ministry, highlighting continued violence despite a U.S.-mediated ceasefire that has officially been...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Anthropic Brings Claude AI Models to Microsoft Azure Foundry With NVIDIA Blackwell GPUs

Anthropic announced on Monday that its Claude family of artificial intelligence models is now available through Microsoft Foundry on Azure, powered by NVIDIAs GB300 Blackwell Ultra GPU systems. The rollout marks the first...

Apple Challenges India Antitrust Probe, Says CCI Copied Rivals’ Claims in App Store Case

Apple has intensified its legal battle with Indias antitrust regulator, arguing that investigators relied on copy-pasted allegations from rivals instead of conducting an independent review in a case that could reshape the...

Super Micro Shares Slide After Taiwan Raids Over Alleged Nvidia AI Chip Smuggling Probe

Super Micro Computer Inc. came under renewed scrutiny on Monday after Taiwanese authorities raided its local offices as part of an investigation into the alleged smuggling of Nvidia AI chips to China through the companys...

Australia Sues Amazon Over Prime Video Ads and Subscription Terms

Australias competition watchdog has launched legal action against Amazon.com Inc. (NASDAQ: AMZN), alleging the company violated Australian consumer law by using unfair contract terms to introduce advertising on its Prime...

Baige Online Shares Soar 333% in Hong Kong IPO Debut as AI Insurance Demand Lifts Chinese Listings

Chinese insurtech firm Baige Online Digital Technology Co. (HK:2672) delivered an impressive debut on the Hong Kong Stock Exchange on Monday, with its shares surging as much as 333% in early trading. The strong performance...