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

Become a contributor

Bookmark Econotimes

Commentary

Fri, Aug 14, 2026 03:53 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

U.K. trade deficit narrows in Q1, net trade to contribute significantly to GDP growth in coming quarters

May 10, 2018 21:24 pm UTC| Commentary

Trade in goods deficit in the U.K. deteriorated against expectations in March to GBP 12.3 billion from a revised GBP 10.4 billion in the prior month. However, the total U.K. deficit narrowed by GBP 700 million to GBP 6.9...

U.K. manufacturing output remains weak in Q1 2018, likely remained weak at start of Q2

May 10, 2018 20:52 pm UTC| Commentary

Manufacturing in the U.K. continued to be disappointing in March, with output falling 0.1 percent sequentially. But the ONS claimed heavy snow that month had no visible effect. In the first quarter as a whole, output rose...

Italian industrial production rises in March, euro area industrial production likely fell in Q1

May 10, 2018 20:03 pm UTC| Commentary

Italys latest industrial production data for March was released today. Earlier in the week, the equivalent data for France showed a decline in March. However, German and Spanish production rebounded. The Italian data also...

Norwegian mainland economy likely to have grown year-on-year in Q1 2018

May 10, 2018 19:04 pm UTC| Commentary

The Norwegian mainland economy has been robust lately; however, running indicators point towards a deceleration in the first quarter. Subdued growth might raise the uncertainty regarding the hike in September, noted Nordea...

Bank of England keeps interest rate on hold, likely to hike in August

May 10, 2018 17:04 pm UTC| Commentary Central Banks

The Bank of England kept its key interest rate on hold today. This decision was not surprising after Governor Carneys warning three weeks ago and a number of weak data releases. Still, the accompanying comments and the...

U.S. headline consumer price inflation rebounds in April, core rate likely to continue rising

May 10, 2018 15:57 pm UTC| Commentary

The U.S. headline consumer price inflation rebounded sequentially in April after falling in March. The CPI index rebounded to 0.2 percent after a 0.1 percent fall in March. That took inflation to 2.5 percent year-on-year,...

Commodities snapshot (precious & industrial)

May 10, 2018 15:18 pm UTC| Commentary

The metal pack is down today. The performance this week at a glance in chart table - Gold: Gold declining as risk aversion eased and dollar recovers. Todays range $1310-1323 Gold is currently trading at...

1251 1252 1253 1254 1255 1256 1257 1258 1259 1260

Economy

European Stocks Steady as U.S.-Iran War, Euro Zone Data Keep Investors Cautious

European stocks were largely flat on Friday and remained on track for a modest weekly decline as investors monitored the U.S.-Iran war, rising oil prices and upcoming euro zone economic data. The STOXX 600 edged 0.05%...

KOSPI Eyes Best Weekly Gain Since June as Samsung, SK Hynix Rally

South Koreas KOSPI was heading for its strongest weekly performance since early June on Friday, fueled by a powerful rebound in technology and semiconductor stocks as optimism around artificial intelligence demand returned...

France Inflation Rises 2.4% in July as Consumer Prices Increase

Frances consumer prices increased in July 2026, with both monthly and annual inflation measures showing upward movement, according to final data released Friday by the French National Institute of Statistics and Economic...

China Automakers Accelerate Global Expansion as Domestic Car Sales Slump

Chinas automakers are rapidly expanding overseas as falling domestic car sales and excess manufacturing capacity push companies such as BYD, Geely and Chery to seek growth beyond the worlds largest auto market. Chinese car...

Asian Currencies Edge Higher as Soft US Inflation Weighs on Dollar

Asian currencies edged higher on Friday as the U.S. dollar weakened following softer-than-expected inflation data, which reduced expectations for a near-term Federal Reserve interest-rate hike. Gains across regional...

Politics

Jared Kushner May Visit Israel for Gaza Talks Next Week

U.S. President Donald Trumps envoy and son-in-law, Jared Kushner, could travel to Israel next week for talks aimed at advancing the administrations Gaza peace plan, according to a source familiar with the matter. Axios...

Albanese Says AUKUS ‘Full Steam Ahead’ After Trump Call

Australian Prime Minister Anthony Albanese said the AUKUS defence pact remains full steam ahead following a lengthy phone call with U.S. President Donald Trump, as Canberra also pushes Washington for a complete exemption...

Trump Orders Major Overhaul of US Navy Shipbuilding

President Donald Trump has signed a National Security Presidential Memorandum directing sweeping changes to U.S. Navy shipbuilding and ship repair programs as part of an effort to rebuild the countrys maritime industrial...

Israel Warned US of Alleged Iran Plot to Assassinate Trump

Israel repeatedly warned the United States over the past year that Iran may have been planning to assassinate President Donald Trump, although U.S. intelligence agencies were unable to independently verify several of the...

Putin Visits Disputed Kuril Island, Sparking Strong Protest From Japan

Russian President Vladimir Putin visited the disputed island of Iturup on Thursday, triggering a sharp diplomatic protest from Japan amid longstanding tensions over the Kuril Islands. Known as Iturup in Russia and Etorofu...

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

Apple Develops China-Specific AI Model With Alibaba as Apple Intelligence Launch Nears

Apple Inc. (NASDAQ: AAPL) has reportedly developed a large language model specifically for China in collaboration with Alibaba (HK: 9988), signaling a significant shift in the iPhone makers artificial intelligence strategy...

Goldman Sachs Eyes Investors for Nvidia’s $500 Billion AI Financing Plan

Goldman Sachs is reportedly in discussions with potential investors to participate in Nvidias ambitious $500 billion AI infrastructure financing initiative, as institutional demand for artificial intelligence investments...

LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories

LG Corp and Nvidia have signed a memorandum of understanding (MOU) to deepen their strategic partnership across robotics, AI factories and next-generation mobility, LG announced Friday. The agreement will combine LGs...

SMIC Shares Rally as Q2 Profit Surges 262% on Strong Chip Demand

Shares of Semiconductor Manufacturing International Corp. (SMIC) surged on Friday after the Chinese semiconductor foundry delivered strong second-quarter earnings, supported by higher chip demand, improved pricing and...

Anthropic Eyes $6B Decart AI Acquisition Ahead of Mega IPO

Anthropic is reportedly in talks to acquire Nvidia-backed AI startup Decart AI as the Claude developer looks to expand its computing capabilities and address growing demand ahead of a potential public listing. Bloomberg...