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

Become a contributor

Bookmark Econotimes

Business

Mon, Dec 22, 2025 01:39 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Starbucks Japan Offers Second Pair of Valentine's Day Frappuccinos

Jan 26, 2024 06:27 am UTC| Business

At Starbucks in Japan, special occasions like Christmas and Valentines Day are marked with enthusiasm. This year, coffee lovers are in for a treat as the coffee chain offers not one but two limited-edition Frappuccinos in...

Kodak Apparel Launches Flagship Kodak Corner Shop in Seongsu

Jan 26, 2024 06:16 am UTC| Business

Kodak is known worldwide as a film, camera, and photography company, but it has expanded its business to include an apparel line. This is one of its new ventures in its 130-year history, and the unit is doing...

LG Energy Solution Predicts Slowing Growth in Global Electric Vehicle Market

Jan 26, 2024 05:28 am UTC| Business

South Korean battery maker LG Energy Solution (LGES) forecasts a deceleration in this years global electric vehicle (EV) market growth. This projection highlights the escalating competition from Chinese rivals, which poses...

Digital Currency Revolution

Bitcoin Miners Brace for Post-Halving Profit Challenges

Jan 26, 2024 04:57 am UTC| Business Digital Currency

According to financial services firm Cantor Fitzgerald analysts, eleven of the largest publicly traded Bitcoin miners may face profitability challenges. Their research suggests that if the price of BTC fails to...

Orion, Vietnamese University Partner for Development and Production of New Potato Varieties

Jan 26, 2024 04:44 am UTC| Business

Orion Corporation has signed a deal with the Vietnam National University of Agriculture (VNUA) to jointly develop and produce new varieties of potatoes. The starchy root vegetable will be used for the Seoul-based snack and...

JPMorgan Chase Announces Major Changes in Leadership Roles for Key Executives

Jan 26, 2024 03:01 am UTC| Business

JPMorgan Chase Co. revealed major changes in its leadership structure, with top executives shuffled and given expanded roles. The American financial services company added new responsibilities for several key positions in...

Haleon Sold Its ChapStick Lip Balm Brand to Suave Brands’ Yellow Wood Partners

Jan 25, 2024 10:00 am UTC| Business

Haleon Plc revealed it has agreed to offload its famous Chapstick lip balm line. The line will be sold to Yellow Wood Partners, the parent company of Suave Brands Company. The firms agreed to a $430 million all-cash sale...

1051 1052 1053 1054 1055 1056 1057 1058 1059 1060

Economy

China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious

China has once again kept its benchmark lending rates unchanged, extending the pause in monetary policy adjustments to a seventh consecutive month in December, in line with broad market expectations. The Peoples Bank of...

Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike

Asian share markets moved higher at the start of the week, following strong tech-led gains on Wall Street, while the Japanese yen continued to weaken sharply against major currencies despite a significant interest rate...

China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries

Chinas sweeping reforms to its electricity market are rapidly transforming the economics of energy storage, driving a surge in both domestic deployment and global exports of battery technology. As international demand for...

Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization

Global investors and borrowers are increasingly turning to the Chinese yuan as lending and financing activity accelerates, driven by attractive pricing and Chinas long-term push to internationalize its currency....

Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand

Silver prices surged to a record high during early Asian trading on Monday, driven by escalating geopolitical tensions that boosted demand for safe-haven assets across global markets. Concerns over renewed hostilities...

Politics

Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift

Japan is approaching a pivotal moment in its post-Fukushima energy policy as the Niigata regional assembly is expected to endorse the restart of the Kashiwazaki-Kariwa nuclear power plant, the largest nuclear facility in...

Justice Department Restores Trump Photo in Epstein Files After Review Clears Image

The U.S. Department of Justice confirmed on Sunday that a photo involving President Donald Trump, which had briefly been removed from the cache of Jeffrey Epstein-related documents, was restored after an internal review...

U.S., Europe, Ukraine Hold Productive Florida Talks on Ending Russia-Ukraine War

Senior officials from the United States, Europe, and Ukraine concluded three days of high-level talks in Florida aimed at advancing efforts to end Russias war in Ukraine, with discussions centered on aligning positions and...

Najib Razak Awaits Court Rulings in 1MDB Case as Malaysia’s Anti-Graft Drive Faces Test

Malaysias former prime minister Najib Razak is set to learn on Monday whether he can serve the remainder of his jail sentence under house arrest, a decision that could have major political and legal implications for the...

Putin Aide Says European, Ukrainian Changes Fail to Improve Ukraine Peace Prospects

A senior aide to Russian President Vladimir Putin said on Sunday that proposed changes by European countries and Ukraine to U.S.-drafted plans for ending the war in Ukraine have not improved the chances of achieving...

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

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...