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

Become a contributor

Bookmark Econotimes

Business

Mon, Aug 17, 2026 04:02 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

MBK acquires Medit digital dental solution firm in a $2B deal

Dec 30, 2022 11:20 am UTC| Business Economy

MBK Partners finally signed the deal for the acquisition of Medit Corp., a South Korean dental scanner manufacturer and solutions company. The agreement is valued at $2 billion. This will be MBK Partners first massive...

McDonald's, Beyond Meat collaborate to launch Double McPlant in fulfillment of high customers demand

Dec 30, 2022 11:07 am UTC| Business Economy

McDonalds and Beyond Meat have teamed up again to rollout Double McPlant in the United Kingdom and Ireland. The fast-food chain introduced the McPlant burger with a single patty, and they are widely available in the said...

Open banking is coming to New Zealand – here’s what we can learn from countries already doing it

Dec 30, 2022 10:24 am UTC| Business

Traditional banks in New Zealand have long served as gatekeepers of customers data. This is about to change with the arrival of whats called open banking, set to arrive in New Zealand by 2024. In essence, open banking...

Digital Currency Revolution

Cryptocurrency: Kraken crypto exchange shuts down operations in Japan

Dec 30, 2022 08:27 am UTC| Business Digital Currency Investing

Kraken announced it would halt its operations in Japan following global layoffs. The US-based digital currency exchange cited the current Japanese market conditions and the frail crypto market around the world as the main...

Amazon reportedly planning to create standalone app for sports

Dec 30, 2022 07:51 am UTC| Business Economy

Amazon Inc. is reportedly working on the creation of a standalone app that will offer sports content to customers. This plan was first revealed on Wednesday through a report citing sources with direct knowledge of the...

Scientists develop meta-learning electric skin technology for typing without keyboard, a first in the world

Dec 30, 2022 07:27 am UTC| Business Economy

A group of researchers led by South Korean scientists recently unveiled the first meta-learning electric skin technology in the world. This has been alternatively called the electronic skin that makes typing without a...

China lifts ban on foreign video games, allows release of 45 titles with Tencent earning multiple licenses

Dec 30, 2022 06:58 am UTC| Business Economy

China previously banned many foreign video games in the country amid the crackdown on the gaming industry this year. Chinese online game regulators suspended publishing licenses which affected local distributors such as...

1931 1932 1933 1934 1935 1936 1937 1938 1939 1940

Economy

Gold Prices Rise as Weak US Data and Hormuz Risks Boost Safe-Haven Demand

Gold prices climbed on Monday as investors weighed weaker U.S. economic data against geopolitical tensions surrounding the Strait of Hormuz, while awaiting the Federal Reserves July meeting minutes for fresh signals on...

US Stock Futures Steady as Cooling Inflation and Strong Earnings Support Markets

U.S. stock futures traded near the flatline during Asian hours on Sunday, with Wall Street sentiment supported by softer inflation data and a strong corporate earnings season following a third consecutive week of gains for...

Asian Stocks Steady as Iran War Keeps Oil Prices and Inflation Risks Elevated

Asian stocks traded mostly flat on Monday as investors monitored rising oil prices and persistent geopolitical tensions surrounding the Iran war and the Strait of Hormuz. Prospects for peace talks remain limited, while oil...

Morgan Stanley Sees Fed Holding Rates as U.S. Inflation Cools

U.S. inflation showed further signs of easing in July, strengthening expectations that the Federal Reserve could keep interest rates unchanged through the end of the year. Morgan Stanley believes the latest inflation data...

Oil Prices Steady as Strait of Hormuz Traffic Slows Amid US-Iran Conflict

Oil prices were little changed in early Monday trading as shipping activity through the Strait of Hormuz slowed sharply over the weekend, while the ongoing conflict between the United States and Iran showed no signs of...

Politics

Russia-Ukraine Drone Attacks Escalate as Strikes Hit Moscow, Kyiv and Romania

Russia and Ukraine exchanged major missile and drone attacks overnight, leaving several people dead and damaging industrial and commercial facilities as the war continues to intensify. Russian forces struck ArcelorMittal...

US CENTCOM Chief Praises USS Abraham Lincoln Crew Amid Mental Health Concerns

U.S. Central Command chief Admiral Brad Cooper praised the crew of the USS Abraham Lincoln following a recent visit to the aircraft carrier, describing their performance and resilience as awe-inspiring amid growing...

Lula Targets Brazil’s Gig Workers as Reelection Battle Takes Shape

Brazilian President Luiz Inácio Lula da Silva launched his final reelection campaign on Sunday in Sao Bernardo do Campo, returning to the stadium where his rise as a labor leader began nearly five decades ago....

Trump Envoys Hold Gaza Peace Talks in Cairo as Israeli Strikes Continue

U.S. President Donald Trumps envoys held talks with Egyptian, Qatari and Turkish mediators in Cairo on Sunday as diplomatic efforts intensified to advance Washingtons Gaza peace plan while Israeli airstrikes continued...

Migrants in Spain’s Ceuta Protest for Asylum, Refuse Return to Morocco

Hundreds of migrants in Spains North African enclave of Ceuta gathered on a popular urban beach on Sunday, calling on Spanish authorities to grant them asylum rather than return them to Morocco. The protesters are among an...

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

Alibaba Sells Lingxi Games for Over $1.5 Billion Amid AI Push

Alibaba Group is reportedly selling its gaming subsidiary Lingxi Games in a transaction that could value the Chinese video game studio at more than $1.5 billion, as the technology giant redirects resources toward...

Nvidia’s $500 Billion AI Infrastructure Push Wins Morgan Stanley Support

Nvidia is doubling down on the artificial intelligence infrastructure boom with a plan to help mobilize as much as $500 billion in third-party capital, drawing participation from major financial firms including Apollo,...

Alphabet Shifts AI Strategy Toward Commercial Growth, Goldman Sachs Says

Alphabet is increasingly shifting its artificial intelligence strategy toward commercialization, scale and long-term revenue growth, according to Goldman Sachs analysts. The investment bank said recent management changes,...

Nvidia Eyes $3 Billion Investment in SoftBank-Backed AI Data Center

Nvidia is reportedly in discussions to invest up to $3 billion in SB Energy, a SoftBank Group-backed company developing a major AI data center campus in Ohio for OpenAI. According to a report by The Information, the...

U.S. Pressures Nations to Choose Sides in AI Race

The United States is preparing to pressure dozens of countries to choose between joining a U.S.-led artificial intelligence alliance or supporting Chinas competing AI framework, according to a U.S. official and an internal...