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

Become a contributor

Bookmark Econotimes

Fri, Oct 04, 2024 04:57 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Renaud Foucart

Senior Lecturer, Lancaster University Management School, Lancaster University
I am an applied microeconomic theorist. This means I try to understand real world puzzles by modelling strategic interactions. This has led me to work on topics as different as smoking bans, Islamic finance, environmental agreements, urban planning, the comeback of vinyl, online search aggregators and the impact of auditing courts on the selection of politicians. I hold a PhD from Université libre de Bruxelles. Since then I have worked in Oxford, Berlin, Nottingham and now Lancaster University.

Europe’s tech industry is lagging behind the US

Mar 06, 2024 23:03 pm UTC| Insights & Views Technology Economy

Europe invests a lot in research, and publishes and patents many ideas. But it fails to compete with the US and China when it comes to translating its innovation effort into large, global technology firms. The seven...

Facebook's new ad-free tier could end annoying consent pop-ups, but it could also put a price on your privacy

Nov 15, 2023 01:44 am UTC| Technology

We have reached a key juncture in the debate about online privacy, following Metas recent decision to offer some users paid-for ad-free access to Facebook and Instagram. The time has come to decide how much we value...

US regulator is suing Amazon – here's what this could mean for your online shopping

Oct 07, 2023 14:20 pm UTC| Law Business

If youre one of the more than 200 million Prime members Amazon claims to have worldwide, youll be well aware of the benefits. Among other things, it gives you access to a video and audio streaming service and free, fast...

Apple has switched from its Lightning connector to USB-C — we explain which is better and why they did it

Sep 18, 2023 05:53 am UTC| Technology

After many years of designing and selling a variety of different cables to power and charge its devices, Apple has slowly switched to USB-C chargers for all of its products. The last device to swap is the iPhone, and it...

Energy crisis: why French households are largely protected from soaring costs while British families struggle

Aug 15, 2022 17:39 pm UTC| Insights & Views Economy

British households are bracing for a winter of massive energy price increases. The average annual bill is forecast to rise above 4,000, which is more than three times what Britons were paying just 12 months ago. French...

Google loses appeal against €2.4 billion fine: tech giants might now have to re-think their entire business models

Nov 13, 2021 07:45 am UTC| Technology

Google is being fined 2.4 billion (2.1 billion) for hindering competition in the EU after a 2017 decision has been upheld on appeal by the general court of the European Union. This is a saga dating back over 15 years, in...

1 2

Economy

JPMorgan Analysts Forecast Bitcoin and Gold Surge Amid Geopolitical Tensions and U.S. Election

JPMorgan analysts project that rising geopolitical tensions and the upcoming U.S. election will drive a surge in demand for Bitcoin and gold. This shift comes as investors look for alternatives to safeguard their assets...

Chinese Property Bonds Rally as Investors See Revival Amid Government Stimulus

Chinese Property Bonds Gain Investor Confidence with Government Stimulus Chinese and global institutional investors are revisiting Chinese property bonds, banking on an improved market outlook as the Chinese government...

Global Stocks Slump Amid Middle East Tensions and Oil Price Surge

Global stocks fell on Thursday as major equity markets across the U.S., Europe, and Asia reported losses. The decline was influenced by rising geopolitical tensions in the Middle East and an oil price surge, overshadowing...

U.S. Dock Workers Strike Ends with Tentative Wage Deal, Avoiding Major Supply Chain Disruptions

U.S. Dock Workers Strike Ends After Tentative Agreement Reached The U.S. dock workers strike has officially ended following a tentative agreement between dock workers and port operators, putting a stop to a crippling...

S&P 500 News: Markets Fall Amid Labor Data and Middle East Tensions

The SP 500 fell on Thursday as investors digested data indicating a weaker labor market alongside mounting geopolitical tensions in the Middle East, all occurring just a day before the anticipated monthly jobs...

Politics

Donald Trump Receives Overwhelming Endorsement: ‘200+ Military Leaders Back His Return to the White House'

In a stunning show of support, more than 200 retired military generals and admirals have publicly endorsed former President Donald Trump in an open letter, underscoring their belief in his leadership and commitment to the...

Donald Trump's Pal Elon Musk Slams Kamala Harris Win: 'A Disaster for Civilization'

Elon Musk has voiced serious concerns about Kamala Harris potentially winning the upcoming presidential election, calling it not only bad for America but warning that it could spell disaster for the future of civilization...

Donald Trump Set for Landslide Victory: ‘Commanding Lead in Key States – This Could Be Unstoppable'

Donald Trump appears to be positioned for a sweeping victory in the upcoming presidential election, as new polling data suggests the former president holds a commanding lead in several crucial battleground states....

Donald Trump Refuses 60 Minutes Interview Over Lack of Apology for Hunter Biden Laptop Story

In a bold move, former President Donald Trump announced that he is refusing to sit down for an interview with 60 Minutes until he receives an apology for the networks previous claims regarding Hunter Bidens infamous...

Biden-Harris Admin Warns FEMA May Run Out of Funds Amid Hurricane Season After Billions Sent Overseas

In a shocking development, the Biden-Harris administration announced that FEMA (Federal Emergency Management Agency) may not have enough resources to make it through the rest of hurricane season. This warning comes on the...

Science

Europe Pushes Back Against SpaceX's Efforts to Expand Starlink Direct-to-Cell Operations

European mobile network operators are opposing SpaceXs initiative to expand Starlink Direct-to-Cell services, urging the U.S. Federal Communications Commission (FCC) to reject SpaceXs request to operate beyond standard...

SpaceX and T-Mobile Begin Testing Starlink Cellular Satellite Service Ahead of 2025 Launch

SpaceX and T-Mobile have reportedly initiated tests for their highly anticipated Starlink Cellular satellite service. Speculation emerged after users noticed satellite activity on their phones, fueling excitement ahead of...

SpaceX Pauses Falcon 9 Launches After Anomaly During Crew 9 Mission Investigation

SpaceX has suspended all Falcon 9 launches after an anomaly occurred with the rockets second stage during the Crew 9 mission for NASA. The second stage failed to land as planned, prompting an investigation and delaying...

Tesla’s $25K Compact Car Could Drive Bigger Stock Gains Than Robotaxi, Analyst Predicts

As anticipation builds for Teslas Robotaxi, some analysts believe the companys upcoming $25,000 compact car will have a more significant impact on its stock. Gary Black of The Future Fund argues that entering the...

Starlink Reaches 4 Million Customers Globally as SpaceX Expands Operations and Services

SpaceXs Starlink has officially surpassed 4 million customers across more than 100 countries. This milestone was announced by SpaceX COO Gwynne Shotwell, who also outlined plans for expanding Starlinks satellite network...

Technology

Shiba Inu Shock: Whale Transactions Slump by 4 Trillion SHIB – What’s Next?

Shiba Inu faces a shocking downturn as whale transaction volumes slump by 4 trillion SHIB, dropping from 9 trillion to 5 trillion in a single day. This unexpected decrease raises questions about the cryptocurrencys future...

Bitcoin to Reach $120K in October as Analyst Predicts Explosive Wave 5 Breakout

Bitcoin may hit a new all-time high in October, with predictions of a wave 5 breakout driving prices to as much as $120,000. Market experts warn of volatility, but the outlook remains bullish. Wave 5 Breakout Predicted...

Toyota Delays First U.S.-Made EV Until 2026 Despite $1.3B Kentucky Plant Renovation

Toyota has delayed the production of its first U.S.-made electric vehicle to 2026, despite investing $1.3 billion to renovate its Kentucky plant. The leading automaker initially planned to launch the three-row electric SUV...

Tesla’s Latest Cybertruck Recall Quietly Unveils How Many Have Been Manufactured So Far

Tesla has issued another recall for its Cybertruck due to a rearview camera glitch. This recall, though, gives insight into the number of Cybertrucks manufactured since November 2023, with the company revealing 27,185...

Mark Cuban Warns Every Meme Coin Is "A Rug Pull in the Works," Likens Trading to Musical Chairs

Mark Cuban has warned that every single meme coin is a rug pull in the works, cautioning traders about the dangers of these speculative assets. He likened the chaotic nature of meme coin trading to a game of musical...