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

Become a contributor

Bookmark Econotimes

Business

Thu, Aug 13, 2026 07:56 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Dutch Watchdog Fines Uber $324M for GDPR Breach in Transferring Driver Data to the U.S.

Aug 27, 2024 15:09 pm UTC| Technology Business

Uber has been fined $324 million by the Dutch Data Protection Authority for violating the EUs GDPR by transferring European drivers data to the U.S. without adequate protection. The company plans to appeal, asserting that...

Tesla Secures $133M Megapack Deal to Expand Queensland’s Largest Battery Storage Site

Aug 27, 2024 15:06 pm UTC| Technology Business

Tesla has secured a $133 million contract to supply 140 Megapacks for the expansion of Queenslands Western Downs battery storage site. This expansion will boost the facilitys capacity to 540 MW/1,080 MWh, solidifying its...

Air Jordan 12 ‘Taxi’ Releasing in 2025; Air Jordan 4 ‘Black Cat’ Also Set to Return

Aug 27, 2024 15:00 pm UTC| Life Business

The Air Jordan 12 Taxi is set to return in 2025, marking its first re-release since 2018. This classic colorway joins the Air Jordan 4 Black Cat, which is also making a comeback in late 2025, creating major anticipation...

NVIDIA Faces Rising Competition in China as Huawei Prepares Major HiSilicon Breakthrough

Aug 27, 2024 14:57 pm UTC| Business Life

NVIDIAs stronghold in Chinas ADAS chip market is being challenged by domestic competitors, including NIO and Huaweis HiSilicon. With new chip developments and potential breakthroughs on the horizon, NVIDIAs $12 billion...

New Fast-Food Arrivals: Must-Try Menus and Deals from Chick-fil-A, Popeyes, and More

Aug 27, 2024 14:54 pm UTC| Business Life

This week, fast-food fans are in for a treat as major chains like Chick-fil-A, Popeyes, and Olive Garden unveil new menu items and exciting deals. From Chick-fil-As Banana Pudding Shake to Subways $6.99 Footlong deal,...

Walmart+ Members Unlock Exclusive Burger King Discounts, Including Free Whoppers and 25% Off Daily

Aug 27, 2024 14:51 pm UTC| Life Business

Walmart+ members can now enjoy exclusive Burger King deals, including a daily 25% discount on digital orders and a free Whopper every three months with any purchase, thanks to a new collaboration between the two brands....

Popeyes Unveils Two Irresistible Desserts: Chocolate Chip Biscuit and Caramel Apple Cheesecake

Aug 27, 2024 14:48 pm UTC| Life Business

Popeyes has introduced two new desserts to its menu: the Chocolate Chip Biscuit and Caramel Apple Cheesecake. Available for a limited time, these confections bring fresh flavors to the chains offerings, perfect for...

951 952 953 954 955 956 957 958 959 960

Economy

US Dollar Holds Firm as Fed Outlook and Iran Tensions Keep Markets on Edge

The U.S. dollar remained steady on Thursday as investors assessed the Federal Reserves interest rate outlook following U.S. inflation data that matched expectations. Meanwhile, elevated oil prices and renewed U.S.-Iran...

European Stocks Rise as U.S. Inflation Data Eases Fed Rate Hike Fears

European stocks moved higher on Thursday as investors welcomed an in-line U.S. inflation report that reduced expectations for another Federal Reserve interest rate hike in September. The pan-European Stoxx Europe 600 Index...

Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build

Japans government is reportedly supportive of an earlier interest rate hike by the Bank of Japan (BOJ), with policymakers potentially moving as soon as September or October as inflationary pressures intensify. Bloomberg...

Asian Currencies Steady as Dollar Holds Firm After U.S. Inflation Data

Most Asian currencies traded in a narrow range on Thursday as investors assessed the Federal Reserves interest rate outlook following U.S. inflation data that largely matched market expectations. The U.S. Dollar Index was...

Gold Prices Slip From Two-Month High as Inflation and Fed Outlook Drive Markets

Gold prices moved lower on Thursday after pulling back from a fresh two-month high, as investors assessed softer U.S. inflation data alongside persistent energy risks and uncertainty over the Federal Reserves interest rate...

Politics

Iran Eyes New Development Bank Membership as BRICS Pushes Local Currency Trade

Iran is expected to join the New Development Bank (NDB), the multilateral lender established by BRICS nations, as Tehran seeks stronger financial ties with emerging economies and alternative channels outside the U.S....

Nigel Farage Faces Count Binface in Clacton Election Test

Voters in Clacton headed to the polls on Thursday in an unusual local English election that pits Reform UK leader Nigel Farage against more than 30 challengers, including comedian Count Binface. The election comes after...

Putin Visits Japan-Claimed Iturup Island, Drawing Strong Protest From Tokyo

Russian President Vladimir Putin visited Iturup, a disputed island claimed by Japan, on Thursday, prompting a strong protest from Tokyo as tensions remain elevated across Northeast Asia. Iturup, known as Etorofu in Japan,...

Meloni Loses Ground Among Young Italian Voters Ahead of 2027 Election

Italian Prime Minister Giorgia Meloni is losing support among young voters, potentially creating a major challenge for her right-wing coalition ahead of Italys 2027 national election. Polling by Youtrend shows Melonis...

US, Colombia Weigh Joint Strikes on Armed Groups in Expanded Anti-Drug Campaign

U.S. Defense Secretary Pete Hegseth has raised the possibility of joint U.S.-Colombia military strikes against armed groups as Washington expands its counter-narcotics campaign across Latin America. Speaking Wednesday at...

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

Google Pushes Gemini AI Overhaul as Sergey Brin Targets Model Supremacy

Google co-founder Sergey Brin has stepped up efforts to accelerate development of the companys Gemini AI models as Alphabet battles OpenAI and Anthropic for leadership in artificial intelligence. Brin has reportedly urged...

Lenovo Revenue Surges 43% as AI Demand Drives Record First-Quarter Growth

Lenovo Group reported record first-quarter revenue as booming demand for artificial intelligence infrastructure and AI-enabled devices fueled strong growth across its major businesses, pushing its Hong Kong-listed shares...

Cisco Forecasts Strong Fiscal 2027 Growth as AI Networking Demand Surges

Cisco Systems has issued a stronger-than-expected fiscal 2027 outlook, fueled by rising demand for networking equipment and artificial intelligence infrastructure from hyperscale customers. The networking technology giant...

Super Micro Stock Jumps 19% as AI Server Demand Drives Strong 2027 Outlook

Super Micro Computer (NASDAQ: SMCI) shares surged about 19% on Wednesday after the AI server maker issued fiscal 2027 guidance that significantly exceeded Wall Street expectations, easing concerns following its softer...

SpaceX Shares Surge as Wall Street Backs AI Growth Potential

SpaceX shares jumped 11% after Morgan Stanley highlighted the companys growing artificial intelligence business, fueling investor optimism around its expanding enterprise software strategy and upcoming Grok 4.7 AI model....