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

Become a contributor

Bookmark Econotimes

Business

Fri, Apr 10, 2026 04:47 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Chinese Pharma Firms Shift Strategies Amid US Trade Tensions

Jun 18, 2025 01:50 am UTC| Business

Amid escalating U.S.-China trade tensions, top Chinese drug research firms like WuXi AppTec and WuXi Biologics (HK:2269) are adjusting operations to mitigate supply chain risks. These companies are stockpiling U.S....

Delaware Supreme Court Overturns $199M Damages Against TC Energy in Columbia Pipeline Deal

Jun 18, 2025 01:44 am UTC| Business Law

Delawares Supreme Court has overturned a $199.2 million damages award against Canadian pipeline giant TC Energy (NYSE: TRP), ruling it wasnt liable for alleged misconduct in its $13 billion acquisition of Columbia Pipeline...

General Mills and Kraft Heinz to Eliminate Artificial Colors by 2027

Jun 18, 2025 01:37 am UTC| Business

General Mills announced Tuesday it will eliminate artificial colors from its entire U.S. retail product lineup by the end of 2027. The food giant, known for brands like Cheerios, also confirmed it will remove synthetic...

Trump Extends TikTok Sale Deadline to September Amid China Tensions

Jun 18, 2025 01:17 am UTC| Technology Business Governance Politics

U.S. President Donald Trump will extend the June 19 deadline for China-based ByteDance to divest TikToks U.S. operations by 90 days, the White House announced Tuesday. The move delays enforcement of a congressionally...

SoftBank Sells $4.8B in T-Mobile Shares, Remains Key Shareholder

Jun 17, 2025 03:35 am UTC| Business

Japans SoftBank (TYO:9984) has raised $4.8 billion through the sale of 21.5 million T-Mobile (NASDAQ:TMUS) shares, pricing each at $224, according to a term sheet reviewed by Reuters. The offering was within the $224$228...

Mitsubishi Eyes $8B Deal for U.S. Shale Assets from Aethon Energy

Jun 17, 2025 03:25 am UTC| Business

Mitsubishi Corp is in advanced discussions to acquire Aethon Energy Managements U.S. shale production and pipeline assets in a deal potentially worth $8 billion, according to a source familiar with the matter. The...

Shell Highlights AECO Advantage in LNG Canada as Exports Near Launch

Jun 17, 2025 03:23 am UTC| Business

Shell CEO Wael Sawan emphasized the strategic advantage of the LNG Canada project due to its use of the Canadian AECO natural gas price index, which is significantly lower than the U.S. Henry Hub benchmark. Speaking at the...

311 312 313 314 315 316 317 318 319 320

Economy

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Asian Stocks Rally on Ceasefire Hopes and Bargain Buying

Asian equity markets climbed higher on Friday, driven by cautious optimism surrounding ceasefire negotiations between Iran and the United States. Regional benchmarks were also on track to close out the week with strong...

White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets

The White House issued an internal warning to staff on March 24, cautioning employees against exploiting their government positions to gain an unfair advantage in financial futures markets. The directive came just one day...

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Politics

Global Elections 2026: What Investors and Markets Are Watching

Political uncertainty is sweeping the globe in 2026, with a series of high-stakes elections poised to reshape economic policies and rattle financial markets. From Eastern Europe to South America, investors are keeping a...

Xi Jinping and KMT's Cheng Li-wun Meet in Beijing Amid Cross-Strait Tensions

Chinese President Xi Jinping met with Kuomintang (KMT) Chairwoman Cheng Li-wun in Beijing on Friday, emphasizing that people on both sides of the Taiwan Strait share a common Chinese identity and that the future of...

Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict

Airline pilots expressing safety concerns about flying through Middle Eastern airspace are reportedly facing threats of lost wages or termination if they decline assignments, according to Ron Hay, president of the...

Iran Denies Negotiating Team Traveled to Pakistan for U.S. Talks Amid Ceasefire Uncertainty

Iran has firmly rejected reports suggesting that a diplomatic delegation traveled to Islamabad to engage in negotiations with the United States, calling the claims entirely false. The denial was issued through state-linked...

U.S.-Iran Ceasefire Under Pressure Ahead of Pakistan Peace Talks

A fragile two-week ceasefire between the United States and Iran is showing serious cracks just one day before scheduled peace negotiations in Pakistan. Washington has accused Tehran of violating commitments related to the...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...