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

Become a contributor

Bookmark Econotimes

Wed, Apr 02, 2025 08:48 PM All times are UTC

Follow Series

©Econometrics LLC 2025. All Rights Reserved.

Wes Mountain

Deputy Multimedia Editor

Wes joined The Conversation in late 2015. In the past he has written for Crikey, Junkee and the Centre for Advancing Journalism’s The Citizen. He is also a cartoonist and has had cartoons featured in the Museum of Australian Democracy’s annual best of Australian political cartoons exhibition, Behind the Lines.

New Zealand's new parliament turns red: the 2020 election results at a glance

Oct 20, 2020 14:04 pm UTC| Politics

Labour is celebrating a landslide victory tonight after winning 49% of the vote. The result means Labour could govern alone the first time this has happened since New Zealand introduced a mixed member proportional (MMP)...

'This crisis has been unfolding for years': 4 photos of Australia from space, before and after the bushfires

Jan 08, 2020 11:55 am UTC| Insights & Views Nature

Editors note: We pulled four before-and-after-images from NASAs Worldview application, and asked bushfire researcher Grant Williamson to reflect on the story they tell. Heres what he told us: Ive been studying fires...

Interactive: Everything you need to know about Adani – from cost, environmental impact and jobs to its possible future

May 16, 2019 03:25 am UTC| Nature

Its a 50km long patch in the middle of Queensland thats causing a lot of trouble, but many people couldnt even point it out on a map. Queensland Government - Coordinated Projects Map The Adani Carmichael coal mine has...

Trust Me, I'm An Expert: Cyclone season approacheth, but this year there's a twist

Oct 09, 2018 13:07 pm UTC| Insights & Views Nature

Australia has just had its driest September on record, and the second driest month ever: the only drier month was April 1902. The Bureau of Meteorologys tropical cyclone outlook is out today. Its predicting a...

Economy

Trade War Escalation: Trump's Tariffs Target India, Japan, and Canada

On April 2, 2025, President Trump is scheduled to announce his Liberation Day tariff plan at 4 p.m. ET in the White House Rose Garden, with immediate implementation expected. The plan focuses on imposing reciprocal...

Indian Rupee Eyes US Tariff Move as Bond Yields Slide Ahead of RBI Policy

The Indian rupee may face headwinds this week as markets brace for the U.S. announcement of reciprocal tariffs, set for April 2. Investors are closely watching the potential fallout on global trade and growth, with...

White House Confirms Trump’s New Tariffs to Reshape Global Trade

The White House confirmed President Donald Trump will announce new tariffs on Wednesday, with a 25% duty on auto imports taking effect April 3 and immediate reciprocal tariffs on countries taxing U.S. goods. Though details...

Australia Vows to Protect Beef Exports Amid Looming U.S. Tariffs

Australian Prime Minister Anthony Albanese and opposition leader Peter Dutton have both pledged to defend the nations interests as the U.S. considers imposing tariffs that could impact Australian beef exports. Despite a...

Fed’s Goolsbee Warns Trump Tariffs Could Fuel Inflation, Hurt Growth

Chicago Federal Reserve President Austan Goolsbee warned that President Donald Trumps proposed trade tariffs could pose risks to U.S. inflation and economic growth. In a Fox News interview, Goolsbee acknowledged the...

Politics

South Korea Parliament Moves to Impeach Finance Minister Choi Sang-mok

South Koreas National Assembly has officially introduced a motion to impeach Finance Minister Choi Sang-mok, marking a significant development in the countrys political landscape. The motion, submitted on Wednesday,...

Trump Administration Layoffs Disrupt FDA Bird Flu Response Efforts

The Trump administration has dismissed key staff from the U.S. Food and Drug Administration (FDA) involved in bird flu response efforts, as part of mass layoffs at the Department of Health and Human Services. The move...

NLRB Halts Apple Cases Following Trump’s Nomination of Apple-Linked Lawyer

The U.S. National Labor Relations Board (NLRB) has unexpectedly paused two legal cases against Apple Inc (NASDAQ: AAPL) shortly after President Donald Trump nominated Crystal Careya lawyer previously representing Appleas...

North Korea Slams US-Japan Missile Pact as Regional Threat

North Korea has strongly condemned a recent agreement between the United States and Japan to co-produce air-to-air missiles, calling it a serious threat to regional stability. According to North Koreas state-run KCNA news...

UK Introduces £10 Electronic Travel Permit for EU Visitors Starting April

Starting April 3, 2025, European visitors to the UK will need to apply for an Electronic Travel Authorisation (ETA) before entering the country. The move brings the UK in line with other countries tightening border...

Science

AstraZeneca’s Imfinzi Gets US Approval for Bladder Cancer Treatment

AstraZenecas drug Imfinzi (NASDAQ: AZN) has received U.S. approval to treat adult patients with muscle-invasive bladder cancer, a significant advancement in cancer therapy. The approval allows Imfinzi to be used in...

Sanofi’s New Hemophilia Drug Qfitlia Gains FDA Approval with Breakthrough Bimonthly Dosing

The U.S. Food and Drug Administration (FDA) has approved Qfitlia, a groundbreaking hemophilia treatment by French pharmaceutical giant Sanofi (NASDAQ: SNY). Designed for patients aged 12 and older with hemophilia A or B,...

FDA Vaccine Chief Peter Marks Resigns Amid Controversy Over Transparency

Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....

What are the chances an asteroid will impact Earth in 2032?

For a few days in mid-February, headlines around the world buzzed about the potential for an asteroid to hit the Earth in 2032 specifically, asteroid 2024 YR4. The chance of this impact rose to a high of 3.1 per cent on...

A new study reveals the structure of violent winds 1,300 light years away

The planet WASP-121b is extreme. Its a gas giant almost twice as big as Jupiter orbiting extremely close to its star50 times closer than the Earth does around the Sun. WASP-121b is so close to its star that tidal forces...

Technology

ReliaQuest Secures $500M to Boost AI Cybersecurity, Hits $3.4B Valuation

ReliaQuest, a leading AI-powered cybersecurity company, has raised over $500 million in a new funding round led by EQT, KKR, and FTV Capital, pushing its valuation to $3.4 billion. Other backers in this round include Ten...

GlobalFoundries and UMC Explore Merger Amid U.S. Chip Strategy Shift

United Microelectronics Corp. (UMC), a major Taiwanese semiconductor foundry, and U.S.-based GlobalFoundries (NASDAQ: GFS) are reportedly in early talks about a potential merger, according to sources cited by Reuters. If...

Intel CEO Lip-Bu Tan Outlines Bold Turnaround Strategy at IntelVision 2025

At the IntelVision 2025 conference, new Intel (NASDAQ: INTC) CEO Lip-Bu Tan unveiled a transformative vision to revitalize the tech giant. Since taking the helm on March 12, Tan has prioritized customer engagement and...

OpenAI Secures $40B from SoftBank, Reaches $300B Valuation Amid AI Boom

OpenAI announced Monday it has raised $40 billion in a funding round led by Japans SoftBank Group Corp. (TYO:9984), pushing the AI firms valuation to a staggering $300 billion. This marks a major leap from its $157 billion...

Apple and Elon Musk Clash Over Satellite Connectivity as Starlink Faces New Rival

Apple Inc. (NASDAQ: AAPL) is facing pushback from Elon Musk over its expanding satellite connectivity plans, potentially positioning the tech giant as a direct competitor to Musks Starlink network, according to the Wall...