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

Become a contributor

Bookmark Econotimes

Business

Fri, Aug 14, 2026 06:38 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

European Market Opener Lower Than Expected as Negative Sentiment Continues

Feb 20, 2024 09:01 am UTC| Business

European stocks commenced trading on Tuesday with a downward trend, reflecting the struggle to gain traction in global markets. The pan-European Stoxx 600 index opened 0.2% lower, with most sectors experiencing negative...

Digital Currency Revolution

KuCoin's Strategic Investment in Crystal Fun: A New Era of Web3 Gaming Experience

Feb 20, 2024 08:25 am UTC| Business Digital Currency Technology

KuCoin Ventures, the investment branch of the global cryptocurrency exchange KuCoin, has disclosed a strategic investment in Crystal Fun. This collaboration signals a pivotal moment in the advancement of decentralized...

Capital One Set to Buy Discover in $35.3B Deal, Aiming to Build Payments Powerhouse

Feb 20, 2024 08:10 am UTC| Business

Capital One, a Warren Buffett-backed U.S. consumer bank, gears up to acquire U.S. credit card issuer Discover Financial Services as part of its efforts to create a global payments giant in the United States. On Monday,...

Digital Currency Revolution

Y Combinator Identifies Stablecoins, Metaverse, and AI as Key Sectors for Innovation

Feb 20, 2024 06:35 am UTC| Business Digital Currency

In their recent report, Silicon Valley incubator Y Combinator highlights stablecoins, metaverse, and AI technology as crucial sectors for innovation. In the annual Requests for Startups report, Y Combinator emphasizes the...

Lotte Chemical’s HEC Plant in Yeosu Starts Production

Feb 19, 2024 10:03 am UTC| Business

After the facilitys completion, Lotte Chemical Corporation officially started production at the Hecellose manufacturing plant in Yeosu. The factory is now expected to produce about 10,000 tons of high-value specialty...

Currys’ Shares Soar Amid Acquisition Talks by Chinese Retail Giant JD.com

Feb 19, 2024 10:00 am UTC| Business

Chinas JD.com expressed interest in acquiring Britains Currys, causing a surge in the retailers shares. This move sets the stage for a potential bidding war following Currys rejection of a rival 700 million bid. JD.coms...

Coupang, Yuhan Join Major Labor Business Lobby as Conflict With Umbrella Union Continues

Feb 19, 2024 09:54 am UTC| Business

Coupang Inc. and Yuhan Corporation are both joining the lobby group called the Korea Enterprises Federation, which is one of the leading business lobby organizations in South Korea. The companies will soon be part of the...

1271 1272 1273 1274 1275 1276 1277 1278 1279 1280

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...