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

Become a contributor

Bookmark Econotimes

Business

Fri, Aug 14, 2026 10:28 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Shell and Saudi Aramco Eye Pavilion Energy in Multi-Billion Dollar Bid

Apr 08, 2024 02:30 am UTC| Business

In a significant move within the energy sector, Shell and Saudi Aramco have entered advanced price negotiations to acquire the assets of Pavilion Energy, an LNG (liquefied natural gas) trading company owned by Temasek....

Southwest Airlines Boeing Engine Incident Prompts FAA Investigation

Apr 08, 2024 02:15 am UTC| Business

A Southwest Airlines Boeing 737-800 experienced a mechanical malfunction shortly after Sunday takeoff from Denver International Airport. The aircraft, bound for Houston Hobby Airport with 135 passengers and six crew...

Elon Musk's Grok AI Lags in Security, Meta's Llama Leads in Safeguarding Users

Apr 07, 2024 17:21 pm UTC| Technology Business

A recent security experiment revealed Elon Musks Grok AI as the most vulnerable to ethical and safety breaches. At the same time, Metas Llama model showcased the highest resilience against potential misuse, according to...

Tesla Sets New Light Show Record in South Korea; Elon Musk Offers FSD to Rivals

Apr 07, 2024 13:18 pm UTC| Technology Business

In a stunning display of innovation and community, over 1,000 Tesla owners in South Korea orchestrated the largest Tesla light show to date, setting a new world record. Meanwhile, Tesla CEO Elon Musk reiterates his...

Tesla Cybertruck Spotted Near BMW’s Hub: Is a Teardown on the Horizon?

Apr 07, 2024 08:08 am UTC| Technology Business

A photo capturing a distinct, triangle-shaped vehicle, resembling Teslas Cybertruck, near BMWs Research and Innovation Center in Munich has sparked speculation. This rare sighting suggests that despite not traditionally...

Tesla to Unveil World's Largest Supercharger Sites in Florida and California

Apr 07, 2024 08:04 am UTC| Business Technology

Tesla is set to revolutionize electric vehicle (EV) charging infrastructure by constructing the worlds largest Supercharger station in Florida, boasting over 200 stalls, alongside a pioneering 164-stall site in California....

IKEA Principal Owner Ingka Explores Renewable Energy Opportunities in South Korea, Japan

Apr 05, 2024 09:53 am UTC| Business

Ingka, the principal owner of IKEA stores worldwide, is venturing into new territories seeking renewable energy investments, particularly in South Korea and Japan, with a keen interest in offshore wind opportunities. Peter...

1191 1192 1193 1194 1195 1196 1197 1198 1199 1200

Economy

European Stocks Steady as U.S.-Iran War, Euro Zone Data Keep Investors Cautious

European stocks were largely flat on Friday and remained on track for a modest weekly decline as investors monitored the U.S.-Iran war, rising oil prices and upcoming euro zone economic data. The STOXX 600 edged 0.05%...

KOSPI Eyes Best Weekly Gain Since June as Samsung, SK Hynix Rally

South Koreas KOSPI was heading for its strongest weekly performance since early June on Friday, fueled by a powerful rebound in technology and semiconductor stocks as optimism around artificial intelligence demand returned...

France Inflation Rises 2.4% in July as Consumer Prices Increase

Frances consumer prices increased in July 2026, with both monthly and annual inflation measures showing upward movement, according to final data released Friday by the French National Institute of Statistics and Economic...

China Automakers Accelerate Global Expansion as Domestic Car Sales Slump

Chinas automakers are rapidly expanding overseas as falling domestic car sales and excess manufacturing capacity push companies such as BYD, Geely and Chery to seek growth beyond the worlds largest auto market. Chinese car...

Asian Currencies Edge Higher as Soft US Inflation Weighs on Dollar

Asian currencies edged higher on Friday as the U.S. dollar weakened following softer-than-expected inflation data, which reduced expectations for a near-term Federal Reserve interest-rate hike. Gains across regional...

Politics

Jared Kushner May Visit Israel for Gaza Talks Next Week

U.S. President Donald Trumps envoy and son-in-law, Jared Kushner, could travel to Israel next week for talks aimed at advancing the administrations Gaza peace plan, according to a source familiar with the matter. Axios...

Albanese Says AUKUS ‘Full Steam Ahead’ After Trump Call

Australian Prime Minister Anthony Albanese said the AUKUS defence pact remains full steam ahead following a lengthy phone call with U.S. President Donald Trump, as Canberra also pushes Washington for a complete exemption...

Trump Orders Major Overhaul of US Navy Shipbuilding

President Donald Trump has signed a National Security Presidential Memorandum directing sweeping changes to U.S. Navy shipbuilding and ship repair programs as part of an effort to rebuild the countrys maritime industrial...

Israel Warned US of Alleged Iran Plot to Assassinate Trump

Israel repeatedly warned the United States over the past year that Iran may have been planning to assassinate President Donald Trump, although U.S. intelligence agencies were unable to independently verify several of the...

Putin Visits Disputed Kuril Island, Sparking Strong Protest From Japan

Russian President Vladimir Putin visited the disputed island of Iturup on Thursday, triggering a sharp diplomatic protest from Japan amid longstanding tensions over the Kuril Islands. Known as Iturup in Russia and Etorofu...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Apple Develops China-Specific AI Model With Alibaba as Apple Intelligence Launch Nears

Apple Inc. (NASDAQ: AAPL) has reportedly developed a large language model specifically for China in collaboration with Alibaba (HK: 9988), signaling a significant shift in the iPhone makers artificial intelligence strategy...

Goldman Sachs Eyes Investors for Nvidia’s $500 Billion AI Financing Plan

Goldman Sachs is reportedly in discussions with potential investors to participate in Nvidias ambitious $500 billion AI infrastructure financing initiative, as institutional demand for artificial intelligence investments...

LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories

LG Corp and Nvidia have signed a memorandum of understanding (MOU) to deepen their strategic partnership across robotics, AI factories and next-generation mobility, LG announced Friday. The agreement will combine LGs...

SMIC Shares Rally as Q2 Profit Surges 262% on Strong Chip Demand

Shares of Semiconductor Manufacturing International Corp. (SMIC) surged on Friday after the Chinese semiconductor foundry delivered strong second-quarter earnings, supported by higher chip demand, improved pricing and...

Anthropic Eyes $6B Decart AI Acquisition Ahead of Mega IPO

Anthropic is reportedly in talks to acquire Nvidia-backed AI startup Decart AI as the Claude developer looks to expand its computing capabilities and address growing demand ahead of a potential public listing. Bloomberg...