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

Become a contributor

Bookmark Econotimes

Business

Sat, May 30, 2026 03:00 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Lynas Rare Earths Secures $96M U.S. Defense Supply Deal

Mar 16, 2026 01:56 am UTC| Business

Australian rare earth producer Lynas Rare Earths (ASX: LYC) has entered into a binding letter of intent with the U.S. Department of Defense to supply rare earth oxide materials, marking a significant step toward...

Tesla and Syrah Resources Extend Graphite Supply Default Deadline to June 1

Mar 16, 2026 01:54 am UTC| Business

Australian graphite miner Syrah Resources has reached a fourth agreement with Tesla to push back a critical deadline tied to an alleged default under their graphite supply contract. The new cure date is set for June 1,...

Nvidia GTC 2025: Jensen Huang Set to Unveil Next-Gen AI Chips and Strategy

Mar 16, 2026 01:44 am UTC| Business Technology

Jensen Huang is preparing to take center stage at Nvidias annual GTC developer conference, where the charismatic CEO is expected to unveil a sweeping roadmap designed to keep Nvidia ahead of a fast-moving pack of AI chip...

Perpetual Limited Sells Wealth Management Arm to Bain Capital for A$500 Million

Mar 16, 2026 01:43 am UTC| Business

Australian financial services firm Perpetual Limited has reached an agreement to offload its wealth management division to global private equity giant Bain Capital in a deal anchored by an upfront cash payment of A$500...

Global PC Market Faces 10% Decline in 2026 as AI PCs Surge

Mar 15, 2026 00:18 am UTC| Business Technology

The global personal computer market is heading into a rough patch in 2026, with Goldman Sachs forecasting a 10% year-on-year drop in shipments a steeper contraction than earlier projections suggested. Total global PC...

AI in Drug Development: How Pharma Is Cutting Costs and Accelerating Innovation

Mar 14, 2026 23:54 pm UTC| Business Technology

Artificial intelligence is quietly reshaping the pharmaceutical industry and the financial upside could be enormous. According to research firm Bernstein, widespread AI adoption across drug development pipelines could...

Intel and Nvidia Join Forces for AI Hardware Development Ahead of GTC 2025

Mar 14, 2026 23:51 pm UTC| Business Technology

Intel has confirmed its participation in Nvidias highly anticipated GPU Technology Conference (GTC), signaling a deepening alliance between two of the semiconductor industrys most influential players. The announcement was...

71 72 73 74 75 76 77 78 79 80

Economy

New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices

A dangerous outbreak of the New World Screwworm has moved closer to the United States, raising serious concerns for the livestock industry and agricultural economy. According to the U.S. Department of Agriculture (USDA),...

Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge

Iran has rejected suggestions that a final agreement has been reached with the United States, emphasizing that negotiations surrounding its nuclear program remain ongoing. The statement came after comments from U.S....

US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns

The United States has initiated a new trade investigation into Vietnams handling of intellectual property (IP) rights, a move that could eventually lead to additional tariffs on Vietnamese imports. The investigation,...

US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook

The U.S. dollar weakened slightly on Friday as investor confidence improved following comments from President Donald Trump regarding a possible peace agreement between the United States and Iran. The prospect of easing...

Oil Prices Fall as Markets Await U.S.-Iran Peace Deal Decision

Oil prices moved lower on Friday as investors closely monitored developments surrounding a potential U.S.-Iran peace agreement. Market sentiment weakened after U.S. President Donald Trump stated that he would meet with...

Politics

US Southern Command Chief Holds Rare Military Meeting With Cuban Officials at Guantanamo Bay

A rare high-level military meeting between the United States and Cuba took place at the perimeter of the U.S. Naval Station at Guantanamo Bay, marking a significant development in U.S.-Cuba relations amid growing...

Trump Nears Decision on Iran Ceasefire Extension as Key Disputes Remain

U.S. President Donald Trump said Friday that he is close to making a final decision on a proposed agreement to extend the current ceasefire with Iran, although major disagreements between Washington and Tehran continue to...

Poland Considers Revoking Zelensky’s Top Honor Over Controversial UPA Army Unit Recognition

Poland is considering revoking one of its highest state honors awarded to Ukrainian President Volodymyr Zelensky after a controversial decision by Ukraine to rename a military unit after the Ukrainian Insurgent Army (UPA),...

Trump Signs Executive Order to Expand Access to Federal Lands in the U.S.

U.S. President Donald Trump signed an executive order on Friday aimed at removing restrictions that limit access to federal lands across the United States, according to a statement from the White House. The move is part of...

UN Blacklists Israel and Russia Over Conflict-Related Sexual Violence Claims

The United Nations has added Israel and Russia to its official blacklist of parties suspected of committing conflict-related sexual violence, a decision that has sparked strong international reactions and intensified...

Science

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...

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...

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

Technology

Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements

A Kentucky school district has secured nearly $27 million in settlements from major social media companies over allegations that their platforms contributed to a growing student mental health crisis. The financial details,...

MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook

MongoDB (NASDAQ: MDB) delivered stronger-than-expected first-quarter fiscal 2027 results, fueled by growing demand for its database platform among enterprises and organizations developing artificial intelligence...

SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target

Elon Musks SpaceX is reportedly moving forward with plans for a historic initial public offering (IPO), targeting a valuation of at least $1.8 trillion. According to a Bloomberg News report citing sources familiar with the...

Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion

Autodesk (NASDAQ: ADSK) reported stronger-than-expected financial results for its fiscal first quarter and announced a major $3.6 billion acquisition of MaintainX, a move that strengthens its position in AI-powered...

US Quantum Stocks Surge After $2 Billion Government Investment

The U.S. Department of Commerce has sparked major excitement across the technology and financial sectors after announcing plans to invest $2 billion into quantum computing and advanced hardware companies through the CHIPS...