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

Become a contributor

Bookmark Econotimes

Business

Wed, Apr 22, 2026 01:34 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Xiaomi SU7 Offers Limited-Time Modification Service; Delivery Delays Extend to Six Months

Apr 15, 2024 07:14 am UTC| Technology Business

Xiaomi has announced a 24-hour window on April 19 for customers to modify their pre-ordered SU7 vehicles via the Xiaomi Car App. Due to unprecedented demand and production challenges, delivery times have now stretched up...

SK on, Siemens Partner to Build Smart Factory System for Battery Plants

Apr 15, 2024 06:49 am UTC| Business Technology

SK on and Siemens Digital Industries Software (DISW) announced they have joined forces to build a smart factory system. The former will develop a digital twin for battery production facilities in cooperation with the...

Goobne Chicken Expands Its Global Presence with New Store in LA – It's 4th in the US

Apr 15, 2024 06:42 am UTC| Business

GN Food, the powerhouse behind Koreas beloved roasted chicken franchise Goobne Chicken, excitedly announced the inauguration of its fourth outlet in the United States on Monday. This new addition, nestled in the vibrant...

Tesla Reportedly Preparing for Large-Scale Layoffs; Employees Concerned Over Potential Termination

Apr 15, 2024 05:45 am UTC| Business

Tesla Inc. reportedly announced it will cut short Cybertruck production shifts at its Gigafactory in Texas, causing rumors of massive layoffs. According to Electrek, the word on the street is that Tesla is preparing for...

Disney Princesses Take Over Cafe in Tokyo in Manga Style

Apr 15, 2024 05:42 am UTC| Business

In an exciting blend of cultures and artistic styles, five beloved Disney princesses are making a grand entrance into Shibuya, Tokyo, not as their usual selves but with a manga twist. The upcoming Manga Princess Cafe, set...

Nike Reignites Innovation with Pegasus 41 Launch in Paris

Apr 15, 2024 05:14 am UTC| Business

To jumpstart its future, Nike chose the iconic Palais Brongniart, the historic Paris stock exchange, for an ambitious product launch. Amidst its grand Corinthian columns, Nike unveiled a series of pioneering product...

Digital Currency Revolution

Uniswap Hikes Trading Fees To 0.25% Amid SEC Scrutiny

Apr 15, 2024 04:31 am UTC| Technology Digital Currency Business

Uniswap has increased its trading fees to 0.25% in response to ongoing SEC inquiries, strengthening its legal reserves as it navigates regulatory waters. Simultaneously, Shiba Inus burn rate has skyrocketed by 18,000%,...

1051 1052 1053 1054 1055 1056 1057 1058 1059 1060

Economy

Rising Jet Fuel Costs from Iran Conflict Push Airfare Higher Across Europe

Disruptions to global oil supplies linked to the Iran conflict are driving a sharp increase in jet fuel prices, adding significant costs to air travel across Europe. According to analysis from campaign group Transport ...

UK Wage Growth Slows to 3.6% as Inflation Pressures Complicate Bank of England Outlook

British wage growth showed signs of cooling, though not as sharply as analysts had anticipated, according to the latest data from the Office for National Statistics (ONS). Regular pay, which excludes bonuses, rose by 3.6%...

US-Iran Peace Talks Fuel Market Optimism Amid Ongoing Tensions

The United States has expressed renewed confidence that peace talks with Iran could resume soon in Pakistan, raising hopes of easing geopolitical tensions that have disrupted global energy markets. A senior Iranian...

Asian Currencies Stay Range-Bound as Dollar Holds Steady Ahead of Fed Nominee Hearing

Asian currencies traded within a narrow range on Tuesday as geopolitical uncertainty surrounding potential U.S.-Iran peace talks kept investors cautious. With a temporary ceasefire set to expire later this week, traders...

Gold Prices Slip Amid Iran Tensions and Fed Chair Uncertainty

Gold prices edged lower during Asian trading on Tuesday as investors weighed geopolitical risks and monetary policy uncertainty. The precious metal remains range-bound, with traders closely monitoring developments...

Politics

Pakistan Halts $1.5 Billion Sudan Arms Deal After Saudi Arabia Withdraws Support

Pakistan has reportedly paused a $1.5 billion defense deal to supply weapons and fighter jets to Sudan after Saudi Arabia withdrew financial backing and urged Islamabad to abandon the agreement. According to Pakistani...

UN Secretary-General Race 2027: Key Candidates Competing to Replace Antonio Guterres

The race to select the next United Nations Secretary-General is gaining momentum as global leaders position themselves for the top diplomatic role. The 10th UN chief will assume office on January 1, 2027, for a five-year...

Philippines Says U.S. Access to EDCA Bases Limited by Land Issues and Delays

Philippine Defense Secretary Gilberto Teodoro has revealed that the use of military bases accessible to the United States under the Enhanced Defense Cooperation Agreement (EDCA) remains limited, citing unresolved land...

Trump Maintains Iran Naval Blockade as Ceasefire Deadline Nears

U.S. President Donald Trump announced that the naval blockade against Iran will remain in force until a formal agreement is reached with Tehran, adding uncertainty ahead of a looming ceasefire deadline later this week. In...

Gaza Violence Continues Despite Ceasefire as Israeli Strikes and Clashes Escalate

Israeli airstrikes in the Gaza Strip killed at least five Palestinians on Monday, according to Palestinian health officials, highlighting ongoing violence despite a fragile ceasefire agreement. The incidents occurred in...

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

SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows

SpaceX President and Chief Operating Officer Gwynne Shotwell earned $85.8 million in total compensation last year, according to details from the companys S-1 filing, positioning her among the highest-paid executives in the...

John Ternus Signals Apple’s Future with Product-First AI Strategy

Apples incoming CEO John Ternus is already shaping expectations for the companys future, and his stance on artificial intelligence reveals a clear direction. Unlike competitors such as Microsoft and Google, which are...

Jeff Bezos Eyes $10 Billion Funding Round for AI Venture Project Prometheus

Jeff Bezos is reportedly closing in on a massive fundraising deal for his artificial intelligence startup, signaling a major move in the rapidly expanding AI industry. According to a Financial Times report citing sources...

Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO

Apple (NASDAQ: AAPL) shares slipped more than 1% in after-hours trading Monday following a surprising leadership transition announcement. The tech giant revealed that longtime CEO Tim Cook will move into the role of...

Amazon Expands AI Bet with Up to $25 Billion Investment in Anthropic

Amazon is significantly deepening its artificial intelligence strategy by announcing a new investment of $5 billion in AI firm Anthropic, with the potential to reach up to $25 billion based on performance milestones. This...