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

Become a contributor

Bookmark Econotimes

Commentary

Sat, May 02, 2026 07:13 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Hungary’s inflation likely to reach around 2pct by 2016-end

May 10, 2016 11:47 am UTC| Commentary

April consumer price index for Hungary accelerated surprisingly to 0.2% y/y from Marchs -0.2% y/y. Meanwhile, core inflation accelerated to 1.4% y/y from 1.3% y/y. Unprocessed fruits, fuel and long-range travel mainly...

Iron ore decline additional pressure for Aussie

May 10, 2016 11:42 am UTC| Commentary

Three factors worked behind Australian Dollars 1000 pips gain against Dollar since January. One is broad based weakness in Dollar, other two being impressive rally in iron ore, Australias main export product and Reserve...

Saudi Aramco plans to expand production

May 10, 2016 11:26 am UTC| Commentary

After major reshuffle over the weekend, which saw reassigning Ali-al-Naimi, Saudi Arabias two decade long oil minister to the advisor to the court and replaced by chairman of Saudi Aramco, Khalid al-Falih, Saudi Aramcos...

Inflation trends remain weak for UK, Eurozone and US despite oil price rally

May 10, 2016 11:19 am UTC| Commentary

The rally in global oil prices that had given some positive news for global inflation trends in early 2016 started again in April, with Brent crude reaching about USD 45 per barrel. The upward movement of oil prices...

Private consumption and services sector to drive Mexico’s economic growth in 2016-2017

May 10, 2016 10:26 am UTC| Commentary

The Mexican economic outlook for 2016-2017 seems to look promising. Domestic consumption continues to mainly drive the economic growth. Certain external factors are underpinning the economic outlook of Mexico including...

European bonds mixed on firm risk sentiments amid Brexit fear

May 10, 2016 10:22 am UTC| Commentary

The European bonds were trading mixed on Tuesday as investors shifted to safe-haven assets amid gains in riskier assets including stocks and oil. Also, bond prices were supported by the recent polls which showed the...

Norway’s inflation stays at 3.3 pct y/y in April, inflation to decelerate soon

May 10, 2016 09:28 am UTC| Commentary

Norway recorded core inflation of 3.3% y/y in April, unchanged from Marchs print. Consensus expectations were for inflation to be at 3.3%, whereas central bank had forecast 3.4%. Last month food prices rose solidly...

3791 3792 3793 3794 3795 3796 3797 3798 3799 3800

Economy

Trump Rejects Iran Proposal as Tensions Persist Amid Fragile Ceasefire

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal for renewed talks, signaling continued deadlock in efforts to resolve the ongoing U.S.-Iran conflict. Despite a ceasefire reached on...

EU Warns of Response as U.S. Considers 25% Tariffs on Car Imports

The European Commission signaled it is prepared to defend its economic interests after the United States threatened to impose new tariffs on European vehicles, raising concerns over a potential escalation in transatlantic...

Wall Street Mixed as Apple Earnings Boost Nasdaq and Oil Prices Ease

U.S. stock market performance ended mixed on Friday, with major indices showing resilience despite ongoing geopolitical tensions and fluctuating oil prices. The SP 500 and Nasdaq Composite posted gains, while the Dow Jones...

Gold Prices Slip Amid Iran Tensions and Rising Rate Concerns

Gold prices edged slightly lower on Friday, hovering near one-month lows after a volatile trading session. The precious metal continues to face pressure following consecutive monthly declines, as global economic...

Dollar Gains Slightly as Yen Volatility Continues After Japan Intervention

Currency markets closely monitored the Japanese yen on Friday after suspected intervention by Tokyo triggered significant volatility, while the U.S. dollar began May with a modest rebound following April losses. The U.S....

Politics

Cuba Condemns New U.S. Sanctions, Calls Measures “Collective Punishment”

Cuba has strongly rejected the latest sanctions imposed by U.S. President Donald Trump, describing them as unjust and harmful to its citizens. The response came from Cuban Foreign Minister Bruno Rodríguez, who...

Rising Tensions in US-Europe Relations Amid Trump Policies and Iran War

Recent developments in US-Europe relations have raised concerns among global leaders as tensions escalate due to policy disagreements and political rhetoric. European officials are increasingly uneasy following a series of...

Trump Expands Cuba Sanctions Targeting Key Sectors and Foreign Entities

U.S. President Donald Trump has signed a sweeping executive order expanding sanctions against Cuba, intensifying pressure on the islands government and its international partners. According to White House officials, the...

US to Withdraw 5,000 Troops from Germany Amid Growing Rift with European Allies

The United States is set to withdraw approximately 5,000 troops from Germany, signaling rising tensions between Washington and its European allies amid the ongoing Iran conflict. The Pentagon confirmed the move, which will...

U.S. Weapons Delays Raise Concerns Among European Allies Amid Iran Conflict

The United States has reportedly warned several European allies to prepare for delays in the delivery of military equipment, as ongoing tensions and conflict involving Iran continue to strain American weapons stockpiles....

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

U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats

U.S. cybersecurity officials are exploring significantly shorter deadlines for fixing critical vulnerabilities in government IT systems, driven by growing concerns that hackers are leveraging advanced artificial...

Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue

Apple delivered a strong fiscal Q2 2026 performance, reporting record-breaking revenue and profit growth fueled by robust iPhone sales and expanding services. The tech giant posted earnings of $2.01 per share on $111.18...

FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case

The Chinese governments alleged hack-for-hire ecosystem is rapidly expanding and becoming increasingly difficult to control, according to a senior FBI official. Speaking on Thursday, FBI Assistant Director Brett Leatherman...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...