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

Become a contributor

Bookmark Econotimes

Business

Thu, Apr 30, 2026 02:00 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Apple: Jury ordered the iPhone maker to pay $308.5 million for patent infringement

Mar 22, 2021 07:46 am UTC| Business

Apple has been ordered to pay more than $300 million by the Texas court after the jury decided that the iPhone maker infringed Personalized Media Communications LLCs patent related to digital rights management or...

Starbucks Korea: Shinsegae Group is aiming to fully acquire the coffee chain

Mar 22, 2021 07:04 am UTC| Business

Starbucks Korea is being eyed by Shinsegae Group, one of the countrys top companies. It was said that the latter wants to acquire a 100% stake in Koreas Starbucks unit through its affiliate firm E-mart. As per The Korea...

Hyundai Genesis GV80 SUV picked as one of the US’ safest vehicles despite Tiger Woods' accident

Mar 22, 2021 06:05 am UTC| Business

Hyundais Genesis GV80 SUV has been chosen as one of the safest vehicles in the U.S. This sports utility vehicle model is one of the South Korean automakers luxury brands, and this recently made headlines as well as it was...

Texas Roadhouse CEO, Kent Taylor, took his own life at 65

Mar 22, 2021 05:14 am UTC| Business

Kent Taylor, the founder of Texas Roadhouse, has died, and this was announced by the company and his family. The chief of the American legendary steak restaurant chain was 65. Based on the social media post, Taylor...

S. Korea's Posco targets additional 12 trillion won sales by 2023

Mar 22, 2021 04:44 am UTC| Business

South Koreas Posco Group said it expects to raise its annual sales over 102 trillion won by 2023, 12 trillion won more than that of 2020 while announcing its new midterm plan from 2021 to 2023. The worlds fifth-largest...

S. Korean airport corp. eyes 30% stake 600 billion won Indonesian airport project

Mar 22, 2021 04:42 am UTC| Business

The Incheon International Airport Corp. (IIAC) will invest in a 30 percent stake in a 600 billion-won expansion of Indonesias Hang Nadim Batam airport by 2024, South Koreas main airport operator had formed a consortium...

Australia develops prototype plastic KitKat food wrapper made of recycled material

Mar 20, 2021 00:55 am UTC| Business

Packaging firm Amcor has developed Australias prototype plastic food wrapper aimed at reducing plastic waste in the environment in partnership with several companies. The wrapper is first to be used in Nestles KitKat...

2891 2892 2893 2894 2895 2896 2897 2898 2899 2900

Economy

Stock Market Update: Fed Holds Rates Steady as Tech Earnings and Geopolitical Tensions Shape Outlook

Wall Street ended mostly lower as investors reacted to the Federal Reserves decision to keep interest rates unchanged, a move that was widely expected but still influenced market sentiment. The SP 500 and NASDAQ Composite...

US-Iran Conflict Escalates Amid Oil Blockade and Rising Global Tensions

The United States-Iran conflict continues to intensify as President Donald Trump engages with oil executives to address the potential long-term impact of a U.S. naval blockade targeting Irans oil exports. The blockade,...

Gold Prices Dip Ahead of Fed Decision Amid Rising Middle East Tensions

Gold prices slipped on Wednesday as investors weighed ongoing geopolitical risks in the Middle East alongside expectations surrounding the Federal Reserves upcoming interest rate decision. Spot gold declined by 0.5% to...

Kevin Warsh Advances Toward Fed Chair Role Amid Political Tensions

Kevin Warsh, former Federal Reserve governor and U.S. President Donald Trumps nominee to lead the Federal Reserve, is expected to clear a critical step in the confirmation process as the Senate Banking Committee prepares...

Trump Urges Iran to Sign Nuclear Deal Amid Ongoing Conflict and Port Blockade

U.S. President Donald Trump has intensified pressure on Iran, urging its leadership to get smart soon and agree to a deal as tensions remain high following weeks of stalled negotiations. In a recent Truth Social post,...

Politics

US-China Talks Put Taiwan at Center of Rising Geopolitical Tensions

A high-stakes diplomatic meeting between the United States and China is drawing global attention, with Taiwan emerging as a central issue that could reshape regional stability. As U.S. President Donald Trump prepares for a...

Trump Considers Reducing U.S. Troops in Germany Amid NATO Tensions

U.S. President Donald Trump has signaled that his administration is reviewing a potential reduction of American troops stationed in Germany, a move that could reshape U.S. military presence in Europe and impact NATO...

US Proposes Maritime Freedom Construct to Secure Strait of Hormuz Shipping

The United States is urging allied nations to support a new international initiative aimed at safeguarding navigation through the Strait of Hormuz, a critical global shipping route that has recently experienced...

NYC Mayor Urges King Charles to Return Koh-i-Noor Diamond During U.S. Visit

New York City Mayor Zohran Mamdani has called on Britains King Charles III to return the historic Koh-i-Noor diamond to India, bringing renewed attention to long-standing debates over colonial-era artifacts. His remarks...

King Charles and Queen Camilla Honor 9/11 Victims During New York Visit Amid US-UK Tensions

King Charles III and Queen Camilla paid tribute to the victims of the September 11, 2001 terrorist attacks during a solemn visit to the 9/11 Memorial in New York City. The royal couple laid a floral arrangement at the site...

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

Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance

Alphabet Inc. delivered an impressive first-quarter performance, surpassing Wall Street expectations with strong growth driven by its Cloud division and core Search business. The tech giant reported adjusted earnings per...

Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat

Qualcomm Inc. (NASDAQ: QCOM) shares climbed sharply on Wednesday, closing up 9% after a volatile trading session triggered by its fiscal second-quarter 2026 earnings report and softer-than-expected forward guidance. The...

Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition

Microsoft has projected stronger-than-expected growth for its Azure cloud business, signaling continued momentum in the competitive cloud computing and artificial intelligence market. The company announced it expects Azure...

Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand

Samsung Electronics posted a record-breaking quarterly profit, fueled by surging demand for AI infrastructure and rising memory chip prices. The global semiconductor leader reported a dramatic increase in earnings,...

TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has officially divested its remaining stake in Arm Holdings, marking the end of its investment in the UK-based chip designer....