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

Become a contributor

Bookmark Econotimes

Business

Wed, Aug 19, 2026 09:57 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Investment Options That Never Disappoint

May 31, 2021 06:57 am UTC| Business

If youre looking for ways to make a few extra bucks, then youve probably already glanced over plenty of options. Unfortunately, most profit options these days require lots of work, something many of us cant afford at the...

SK Innovation, Ford considering Ohio and Texas as sites for their joint battery venture

May 31, 2021 06:55 am UTC| Business Economy

SK Innovation and Ford have joined forces to produce batteries for electric cars. For this joint business venture, it was reported that the two companies are considering setting up their facility for production in either...

Apple luring LG smartphone users to shift to iPhone by launching a trade-in program

May 31, 2021 06:44 am UTC| Business Economy

Apple Korea reportedly launched its trade-in program for people with LG smartphones. The scheme was said to have been designed to lure LG phone users into shifting to Apple. The Apple trade-in details As per The...

Celltrion's Humira Biosimilar approved and set for launch in Europe

May 31, 2021 06:19 am UTC| Business Economy

Celltrion Healthcare will bring its parent companys adalimumab biosimilar called Yuflyma to Europe next month. The company is in charge of Celltrions businesses overseas, and it will be launching the said biosimilar drug...

S. Korea's Posco inks investment deal with Chinese firm in secondary battery recycling

May 29, 2021 23:53 pm UTC| Economy Business

Posco inked a joint investment deal with Chinese cobalt supplier Huayou Cobalt and the government of South Jeolla Province in the secondary battery recycling business. Huayou Cobalt is a Shanghai-listed company...

Hyundai Motor to sell suspended No. 1 Beijing plant site

May 29, 2021 23:46 pm UTC| Economy Business

Hyundai Motor Co. is seeking to sell the site of its suspended No. 1 Beijing plant to the Shunyi administrative district. The plant site has been suspended since April 2019 after Hyundai suffered years of sluggish sales...

Nissan sued by overseas investors for $315 million over former boss's financial misconduct

May 29, 2021 23:40 pm UTC| Economy Business Law

Around 90 non-Japan-based institutional investors have sued Nissan Motor Co for their financial losses caused by former boss Carlos Ghosns financial misconduct cases and asking $315 million in damages. The plaintiffs...

2881 2882 2883 2884 2885 2886 2887 2888 2889 2890

Economy

Fed Minutes Signal Rate Hikes Remain Possible as Inflation Risks Persist

Federal Reserve officials indicated that additional interest rate hikes could be necessary if inflation fails to ease, according to minutes from the central banks July Federal Open Market Committee (FOMC) meeting. The Fed...

US Dollar Hits Three-Month Low as Treasury Yields Fall

The U.S. dollar dropped to its weakest level in more than three months on Wednesday as falling Treasury yields pressured the greenback, while investors assessed the Federal Reserves latest signals on inflation and interest...

Gold Tops $4,500 as Dollar Slides After Treasury Bond Move

Gold prices surged on Wednesday, breaking above $4,500 an ounce for the first time since early June as falling U.S. Treasury yields pressured the dollar and boosted demand for the precious metal. Spot gold climbed 4% to...

U.S. Public Debt Tops $40 Trillion for First Time

U.S. public debt has surpassed $40 trillion for the first time, marking a historic milestone as persistent federal deficits and years of elevated government borrowing continue to expand the nations debt burden. According...

Oil Prices Climb as US-Iran Hormuz Tensions Rattle Markets

Oil prices moved higher Wednesday, with Brent crude reaching a roughly four-week high as tensions between the United States and Iran over the Strait of Hormuz continued to fuel concerns about global energy supplies. Brent...

Politics

Ukraine Names Yevhenii Khmara Defence Minister Amid Election Row

Ukrainian lawmakers appointed Yevhenii Khmara as the countrys new defence minister on Wednesday, deepening a major political shake-up as President Volodymyr Zelenskiy faces pressure over wartime elections and a fresh...

Trump Administration Allocates $206 Million for Gaza Peacekeeping Force

President Donald Trumps administration is allocating more than $206 million to support a proposed Gaza peacekeeping force, marking the first major U.S. financial commitment to its stalled Gaza reconstruction and security...

Israel, Syria Discuss Turkey’s Military Presence Before Airstrike

Israels Mossad chief Roman Gofman held a rare phone call with Syrian Foreign Minister Asaad al-Shaibani on August 14, with Turkeys growing military presence in Syria dominating the discussion, according to three people...

UN Chief Raises Concern Over US Sanctions on ICC Officials

United Nations Secretary-General Antonio Guterres has expressed serious concern over the United States decision to impose sanctions on International Criminal Court President Tomoko Akane and senior trial lawyer Abdoulaye...

Israeli Airstrikes Kill 10 Palestinians in Gaza as Ceasefire Diplomacy Stalls

An Israeli airstrike on a police station in Gaza killed nine Palestinians on Wednesday, according to medics, as diplomatic efforts to advance U.S. President Donald Trumps Gaza peace plan remained stalled. Medical and...

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 Revenue Rises 18% in Q2 as Losses Widen and Anthropic Surges Ahead

OpenAI reported an 18% increase in second-quarter revenue, but widening losses and rapid growth at rival Anthropic are adding pressure on the ChatGPT maker, according to The Wall Street Journal. OpenAI told investors that...

Unitree Robotics Shares Soar Over 600% in Shanghai Market Debut

Unitree Robotics shares skyrocketed in their Shanghai stock market debut on Wednesday, highlighting surging investor interest in Chinas robotics and artificial intelligence sectors. The Chinese humanoid robot maker saw its...

Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks

Goldman Sachs has identified nine Japanese semiconductor and electronic components stocks it believes are well positioned for growth, particularly as artificial intelligence and data center demand accelerates. The bank...

Baidu Shares Sink to One-Year Low as Ad Weakness Overshadows AI Growth

Baidu shares plunged to a near one-year low on Wednesday after the Chinese technology giant reported weaker-than-expected second-quarter results, as declining advertising revenue overshadowed strong growth across its...

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...