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

Become a contributor

Bookmark Econotimes

Business

Tue, Feb 17, 2026 05:39 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

SK inks deal with Occidental, becomes world’s first buyer of ‘net-zero oil’

Mar 25, 2022 06:47 am UTC| Business Economy

SK Trading International, one of SK Innovations subsidiaries, recently signed a 5-year deal with Occidental for the import of its net-zero oil. The deal will make the South Korean trading platform the worlds first buyer of...

Starbucks sued by customer for allegedly being served with toxic chemical

Mar 25, 2022 06:41 am UTC| Business

Starbucks has been sued by a customer who claimed that the drink he ordered from the store was filled with a toxic chemical. He said he was poisoned by a cleaning solution in his cup of coffee. Fox Business reported...

S. Korea opens first biogas hydrogen fueling station

Mar 24, 2022 23:45 pm UTC| Nature Economy Business

South Koreas first biogas hydrogen fueling station equipped with an operating system that integrates the production, storage, transport, fueling, and sales process has opened in Chungju, 147 kilometers south of...

LG inaugurates first off-shore AI research center in the US

Mar 24, 2022 10:45 am UTC| Business Economy

LG AI Research announces the inauguration of its very first research and development office overseas. The company expanded its global AI research ecosystem to North America by launching the LG AI Research Center, Ann Arbor...

Digital Currency Revolution

Blockchain: Krafton, Solana Labs inks long-term MOU for blockchain-based games and services

Mar 24, 2022 10:24 am UTC| Business Digital Currency Investing

Krafton Inc., the creator, and publisher of the popular PUBG: BATTLEGROUNDS, a free-to-play online multiplayer battle royale game, signs a long-term agreement with Solana Labs, a public blockchain platform. The...

Adidas launches NIL Network for student-athletes to be paid ambassadors

Mar 24, 2022 09:46 am UTC| Business Economy

Adidas announced on Wednesday, March 23, that it has formed the Name, Image, Likeness (NIL) network for student-athletes. This will also make the company the first major sports brand to implement an extensive, fair, and...

Kakao pushing towards IP biz with SM Entertainment to rival Naver

Mar 24, 2022 08:13 am UTC| Business Economy

Kakao is considered one of the strongest candidates to acquire stakes in SM Entertainment. The entertainment unit of the internet company is hoping to make use of the talent agencys intellectual property (IP) to take on...

2231 2232 2233 2234 2235 2236 2237 2238 2239 2240

Economy

Asian Currencies Slip as Dollar Strengthens Ahead of Key U.S. Economic Data

Most Asian currencies weakened on Tuesday as Lunar New Year holidays across major regional markets led to thin trading volumes, while the U.S. dollar edged higher ahead of crucial economic data releases. With China, Hong...

Asian Markets Cautious Amid Lunar New Year Closures as Oil Prices Rise on U.S.-Iran Talks

Asian financial markets moved cautiously on Tuesday in thin Lunar New Year trading, while oil prices climbed ahead of renewed U.S.-Iran nuclear negotiations in Geneva. Several major regional exchanges, including mainland...

Asian Currencies Trade in Tight Range as Dollar Steadies; Yen Slips on Weak Japan GDP

Asian currencies moved within a narrow range on Monday as thin holiday trading and steady U.S. dollar performance limited major price swings. Market closures in China, Taiwan, and South Korea reduced regional liquidity,...

Asian Stock Markets Trade in Narrow Range as Japan GDP Misses Forecasts, Hang Seng Gains

Asian stock markets traded in a tight range on Monday as a week-long Lunar New Year holiday in China reduced regional trading volumes, while weak Japanese GDP data pressured Tokyo equities. Market participation was further...

Ukraine Secures $8.2 Billion IMF Loan as Tax Conditions Are Eased

Ukraines government has reached a revised agreement with the International Monetary Fund (IMF) on a new $8.2 billion lending program, easing several previously proposed conditions, including politically sensitive tax...

Politics

Trump Signals Indirect Role in U.S.-Iran Nuclear Talks as Tensions Rise

U.S. President Donald Trump said he will be indirectly involved in high-stakes nuclear talks between the United States and Iran scheduled for Tuesday in Geneva, expressing cautious optimism that Tehran is ready to...

Trump Signals Indirect Role in U.S.-Iran Nuclear Talks as Tensions Rise

Ukraine-Russia Peace Talks in Geneva Focus on Land Disputes and Donetsk Control

Representatives from Ukraine and Russia are set to meet in Geneva on Tuesday and Wednesday for a new round of U.S.-mediated peace talks aimed at ending Europes largest conflict since World War II. The Kremlin has indicated...

Israel Approves West Bank Land Registration Plan, Palestinians Warn of ‘De-Facto Annexation’

Israels cabinet has approved new measures aimed at strengthening its control over the occupied West Bank, including a landmark decision to begin formal land registration in the territory for the first time since 1967. The...

Australia Refuses Repatriation of Citizens Held in Syrian ISIS Camp

Australian Prime Minister Anthony Albanese has confirmed that the government will not repatriate Australians currently detained in a Syrian camp housing families of suspected Islamic State (ISIS) militants. Speaking to ABC...

Science

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...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

India AI Impact Summit 2026: Global Tech CEOs Join World Leaders in New Delhi

Top executives from leading global AI companies are gathering in New Delhi this week alongside world leaders for the India AI Impact Summit 2026, as India accelerates efforts to attract artificial intelligence investment...

Ireland’s Data Protection Commission Launches GDPR Investigation Into X’s AI Chatbot Grok

Irelands Data Protection Commission (DPC) has opened a formal investigation into Xs AI chatbot, Grok, over concerns about personal data processing and the generation of harmful sexualised images, including manipulated...

Disney Issues Cease-and-Desist to ByteDance Over Alleged AI Copyright Infringement

Disney has sent a cease-and-desist letter to ByteDance, accusing the Chinese tech giant of using copyrighted Disney characters to train and power its Seedance 2.0 AI video generator without authorization, according to a...

Anthropic’s Claude AI Reportedly Used in U.S. Operation to Capture Nicolas Maduro

Anthropics artificial intelligence model, Claude, was reportedly used in a U.S. military operation that led to the capture of former Venezuelan President Nicolas Maduro, according to a Wall Street Journal report citing...

OpenAI Hires OpenClaw Creator Peter Steinberger to Advance Next-Generation AI Agents

OpenAI has hired Peter Steinberger, the creator of the open-source artificial intelligence agent OpenClaw, according to CEO Sam Altmans announcement on social media Sunday. The move follows OpenClaws recent surge in...