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

Become a contributor

Bookmark Econotimes

Business

Wed, Aug 19, 2026 05:49 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Nets star Kevin Durant spearheads US$200 million special purpose acquisition company

Nov 05, 2021 23:30 pm UTC| Sports Economy Business

Brooklyn Nets star Kevin Durant has launched Infinite Acquisition Corp, which focuses on buying companies across the sports, cryptocurrency, e-commerce, health, and food sectors. The special purpose acquisition company...

AMC ventures into popcorn biz to sell its own branded product at supermarkets and mall kiosks

Nov 05, 2021 10:07 am UTC| Business Economy

AMC Theaters is venturing into a new business, and it will be launched next year. It was revealed that the company has entered the popcorn business and will be offering its own brand to customers in 2022. AMC has big...

Starbucks Hong Kong starts serving vegan new vegan item

Nov 05, 2021 09:42 am UTC| Business Economy

Starbucks Hong Kong added new items to its menu offerings, and these are the new vegan options that will surely be appreciated by customers who prefer plant-based or animal-friendly food. This is the first time that the HK...

NFT: FC Barcelona debuts NFTs featuring iconic moments in its history

Nov 05, 2021 09:13 am UTC| Business Economy

FC Barcelona, one of the worlds most popular professional soccer teams, has set out to officially enter the world of non-fungible tokens by creating its own digital assets. The football club that is also colloquially known...

Starbucks Korea is expanding its reusable cup program

Nov 05, 2021 08:30 am UTC| Business Economy

Starbucks Korea unveiled an expanded plan for its reusable cup program in the country. On Thursday, Nov. 4, the coffee chain said it would add more store outlet locations in the program, and they will mostly be in...

BTS’ agency Hybe partners with Dunamu to release NFTs of its artists

Nov 05, 2021 08:14 am UTC| Business Digital Currency

Hybe, the entertainment agency behind the global superstar boy group, BTS, has inked a deal with Dunamu, one of South Koreas leading cryptocurrency exchange companies. The agency is teaming up with the crypto firm to start...

The pandemic showed us the future of business is online

Nov 05, 2021 08:01 am UTC| Business

Covid-19 has changed the landscape of many industries, as well as outright interrupting them. Being 18 months into the pandemic, though, more concrete conclusions and predictions are starting to be made. Early on into...

2641 2642 2643 2644 2645 2646 2647 2648 2649 2650

Economy

Wall Street Slides as Treasury Yields Surge to 19-Year High

Wall Street stocks closed lower Tuesday as a sharp U.S. Treasury bond sell-off pushed long-term yields to their highest level in nearly two decades, weighing heavily on technology shares. Rising oil prices and renewed...

Oil Prices Rise as US-Iran Tensions Renew Strait of Hormuz Supply Fears

Oil prices climbed on Tuesday, extending their weekly gains as renewed US-Iran tensions heightened concerns about crude supply disruptions through the Strait of Hormuz, one of the worlds most important energy shipping...

Gold Prices Slide as Treasury Yields Surge, Fed Minutes in Focus

Gold prices fell sharply on Tuesday as surging U.S. Treasury yields and higher oil prices pressured the precious metal, while investors awaited the Federal Reserves July meeting minutes for fresh clues on the U.S. interest...

US Dollar Holds Steady as Fed Rate Bets and Iran Tensions Drive Markets

The U.S. dollar traded largely flat on Tuesday as expectations for a dovish Federal Reserve offset concerns over rising oil prices, elevated Treasury yields and continued tensions between the United States and Iran. The...

UK Wage Growth Holds at 3.5% as Unemployment Rises

UK wage growth excluding bonuses remained at 3.5% in the second quarter of 2026, while unemployment increased, pointing to further signs of weakness in the countrys labor market, according to the latest data covering June...

Politics

Israel Strikes Syrian Airbase Near Aleppo, Raising Tensions With Turkey

Israel launched eight airstrikes on Syrias Abu al-Duhur airbase near Aleppo on Tuesday, prompting condemnation from Turkey and concern from the United States over escalating regional tensions. Syrian state-run Ekhbariya...

Trump Says Iran Talks Halted as Hormuz Dispute Pushes Oil Higher

U.S. President Donald Trump said Tuesday that no negotiations with Iran were taking place and insisted the Strait of Hormuz remained open, contradicting Tehrans claim that the strategic waterway was still closed to...

Israeli Airstrike Kills Six Palestinians in Gaza as Trump Peace Plan Stalls

An Israeli airstrike in Gaza City killed at least six Palestinians and wounded 14 others on Tuesday, according to Gaza health officials, as efforts to advance U.S. President Donald Trumps Gaza peace plan remained stalled....

Pentagon Weighs Permanent U.S. Military Drawdown in Persian Gulf

The U.S. Department of Defense is assessing whether to permanently reduce its military presence in the Persian Gulfonce the Iran conflict ends, potentially reshaping Washingtons long-standing security posture in the Middle...

Philippines Confident in U.S. Defense Commitment Despite Middle East Redeployment

The Philippines does not expect a slowdown in military cooperation with the United States despite the redeployment of some American defense assets from the Indo-Pacific to the Middle East, a Philippine military official...

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

OpenAI Tightens AI Safety Monitoring After Security Incidents

OpenAI is strengthening oversight of its most advanced artificial intelligence models as the company works to prevent unexpected or potentially dangerous behavior from increasingly autonomous AI systems. The ChatGPT...

Moody’s Affirms NVIDIA Aa1 Rating as AI Data Center Guarantees Reach $105 Billion

Moodys Ratings has affirmed NVIDIA Corporations (NASDAQ: NVDA) Aa1 senior unsecured rating and Prime-1 short-term commercial paper rating, while maintaining a positive outlook. The decision follows NVIDIAs plan to provide...

Anthropic Eyes $10B-Plus Credit Line Ahead of Potential IPO

Anthropic is reportedly considering expanding its revolving credit facility beyond an initial $10 billion target as the artificial intelligence company prepares for a potential initial public offering. Major Wall Street...

Moody’s Upgrades Vodafone Hybrid Debt Ratings to Baa3

Moodys Ratings has upgraded four hybrid debt securities issued by Vodafone Group Plc (NASDAQ: VOD) to Baa3 from Ba1, following amendments to the instruments terms and conditions announced by the telecommunications group....

BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside

Bank of America expects Micron Technology (NASDAQ: MU) to deliver more than $230 in earnings per share by fiscal 2030, significantly above Wall Streets current peak estimates, as artificial intelligence demand reshapes the...