Menu

Search

Ito En releases drinkable cold ramen on partnership with Nongshim

Mar 28, 2023 23:51 pm UTC| Life Economy Business

Beverage manufacturer Ito En is testing drinkable ramen, called Nomu Fururu Reimen, which is produced in collaboration with the Japan branch of Nongshim Ito En is known for its bottled green tea. Nongshim, considered...

Ford says EV unit should be seen as startup as it's losing billions

Mar 28, 2023 23:48 pm UTC| Business Economy Nature

Ford Motor Cos revealed that its electric vehicle business has lost $3 billion before taxes during the past two years. The carmaker expects to lose a similar amount this year as it heavily invests in new...

Did Canada and Ontario pay too much money for Volkswagen’s battery plant?

Mar 28, 2023 14:26 pm UTC| Economy

Volkswagen recently announced its intention to build a plant in St. Thomas, Ont. for electric vehicle batteries. While the news is being described as a major victory, until more information emerges, the deal raises lots...

Four ways the UK economy is being hampered by the private sector

Mar 28, 2023 14:25 pm UTC| Economy

The UK government has decided to go ahead with a rise in corporation tax in April 2023. The move is a clear reversal of the tax reduction which previous chancellors hoped would encourage output and innovation. The idea...

Why the growing number of foreign agent laws around the world is bad for democracy

Mar 28, 2023 14:21 pm UTC| Economy

After several days of mass protests and clashes between protesters and police in early March, the ruling party of Georgia, a former Soviet state located in the Caucasus, succumbed to pressure and abandoned its proposed...

Rising inflation will continue to cause political headaches for the government, but also for the Bank of England

Mar 28, 2023 14:18 pm UTC| Economy

The Bank of England raised its main interest rate for the eleventh time in a row to 4.25% at its March meeting. At its previous meeting in February the Bank was optimistic about the prospects for inflation in the coming...

Seven likely consequences from the banking crisis that most people haven't realised yet

Mar 28, 2023 14:17 pm UTC| Economy Investing

With four banks down in the US and Europe and at least several more wobbling, were currently in the throes of the worst banking strife since 2007-08. Aggressive interest rate hikes have meant that banks are sitting on...

  941 942 943 944 945 946 947 948 949 950   

Economy

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Volatility

Russian stocks finished Saturdays trading session slightly lower overall, with the MOEX Russia Index closing flat at 0.00% in Moscow. Market performance was mixed, as gains in select heavyweight stocks were offset by...

China Industrial Profits Slump Signals Need for More Economic Stimulus

Profits at Chinas industrial firms fell sharply in November, marking the fastest year-on-year decline in more than a year and underscoring the fragile state of the countrys economic recovery. According to data released by...

Japan to Audit Brazil’s Beef System, Paving Way for Market Access

Japan is set to conduct a comprehensive audit of Brazils beef sanitary system in March 2026, marking a significant step toward the possible opening of Japans lucrative beef market to Brazilian beef exports. The...

Wall Street Ends Post-Christmas Session Flat as Investors Eye Santa Claus Rally

Wall Street finished a light-volume, post-Christmas trading session nearly unchanged on Friday, as investors found little fresh news to drive strong market conviction. After a solid five-session rally, all three major U.S....

Argentina Congress Approves 2026 Budget Under Milei, Marking First Legislative Passage Since 2023

Argentinas Congress has approved the countrys 2026 national budget, marking the first budget bill passed by legislators since President Javier Milei assumed office in late 2023. The budget was approved on Friday by a vote...

Politics

Kosovo Heads to Early Parliamentary Election Amid Prolonged Political Deadlock

Kosovo is set to hold a crucial parliamentary election on Sunday as Prime Minister Albin Kurti and his nationalist Vetevendosje party attempt to secure a governing majority and resolve a year-long political stalemate that...

Myanmar Election 2025 Faces Global Scrutiny Amid Civil War and Political Repression

Voters in Myanmar began casting ballots in a highly controversial general election on Sunday, marking the first nationwide polls since the military coup that overthrew the elected civilian government in 2021. The election,...

Bolsonaro Undergoes Phrenic Nerve Block Procedure After Surgery-Related Complications

Brazils former President Jair Bolsonaro underwent a phrenic nerve block procedure on Saturday as doctors worked to treat persistent hiccups that developed following recent surgery, according to statements from his wife,...

Canada Announces $2.5 Billion Economic Aid Package to Support Ukraine’s Financial Stability

Canadian Prime Minister Mark Carney announced on Saturday that Canada will provide an additional $2.5 billion in economic aid to Ukraine, reinforcing the countrys ongoing support amid the prolonged conflict with Russia....

Israel Recognizes Somaliland as Independent State, Sparking Regional and Global Reactions

Israel has become the first country to formally recognize the self-declared Republic of Somaliland as an independent and sovereign state, a landmark decision that could significantly reshape political dynamics in the Horn...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

China Proposes Stricter Rules for AI Services Offering Emotional Interaction

Chinas top internet regulator has released draft regulations aimed at tightening oversight of artificial intelligence services that simulate human personalities and engage users emotionally, signaling a stronger push to...

Nvidia and Groq Strike Strategic AI Inference Licensing Deal

Reports earlier this week suggested that Nvidia (NASDAQ: NVDA) had agreed to acquire AI chip startup Groq in a $20 billion all-cash transaction. However, updated details clarify that the arrangement is not a traditional...

TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards

Several leading Japanese semiconductor equipment manufacturers have been recognized with 2025 Supplier Awards from Taiwan Semiconductor Manufacturing Company (TSMC), highlighting their growing importance in the global chip...

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.