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

Become a contributor

Bookmark Econotimes

Economy

Wed, Jul 22, 2026 11:54 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Medtronic to Acquire Korea’s EOFlow Insulin Patch Maker

May 27, 2023 12:00 pm UTC| Business Economy

Medtronic plc, a leading global healthcare technology company headquartered in Dublin, Ireland, is set to acquire EOFlow, a wearable insulin patch maker based in South Korea, for $738 million. The Korea Economic Daily...

UniCredit, Mastercard Announces Expansion of Partnership Deal to Cover More Markets

May 27, 2023 11:54 am UTC| Business Economy

UniCredit S.p.A., the second-largest bank in Italy, announced it has signed a new deal with Mastercard to expand their partnership for payments. They have agreed to offer their services to more markets and banks. As per...

Target Reportedly Expands Removal of Pride Collection, Loses $9B as Backlash Ensues

May 27, 2023 11:12 am UTC| Business Economy

Target Corporation reportedly expanded its removal of the Pride clothing collection from its stores across the country. The move sparked a backlash from the LGBTQ community that called on people to boycott the store...

What was behind Australia's potato shortage? Wet weather and hard-to-control diseases

May 26, 2023 15:00 pm UTC| Economy Nature

If youve been into a fish and chip shop in the last 12 months, you may well have seen a notice tacked to the wall about the impact of the potato shortage. Supermarkets, too, slapped temporary limits on frozen chip...

US banking failures: the role of big auditors in another financial crisis

May 26, 2023 14:57 pm UTC| Economy

Three recent and very serious US bank failures Silicon Valley Bank (SVB), Signature and First Republic have one common denominator: all three businesses were audited by one of the worlds major professional services...

Americans are increasingly moving to red, Republican-leaning states – where life is cheaper, but people also die younger

May 26, 2023 14:55 pm UTC| Economy Life

The United States is an increasingly polarized country when it comes to politics but one thing that almost all people want is to live a long, healthy life. More and more Americans are moving from Democratic-leaning...

Tinubu inherits Nigeria’s high debt – an economist analyses what this means for the country's future

May 26, 2023 14:53 pm UTC| Economy Politics

As the 16th president of Nigeria, Bola Ahmed Tinubu inherits an economy that is grappling with inflation, chronic unemployment, extreme poverty, crumbling infrastructure and insecurity. Nigerias debt profile stands out...

1151 1152 1153 1154 1155 1156 1157 1158 1159 1160

Economy

European Stocks Slip as Earnings, UK Inflation and ECB Decision Keep Investors on Edge

European stock markets traded slightly lower on Wednesday as investors assessed a fresh wave of corporate earnings while awaiting key economic and policy events, including the latest UK inflation data, the European Central...

Japan Yen Slides Past 163 as Middle East Tensions Lift US Dollar, Oil Prices

The Japanese yen weakened beyond the 163-per-dollar level on Wednesday, hovering near its weakest point since 1986 as higher U.S. Treasury yields and rising oil prices boosted demand for the U.S. dollar. Investors also...

Gold Price Surges Above $4,100 as Middle East Tensions Boost Safe-Haven Demand

Gold prices extended their rally on Wednesday, climbing above the key $4,100-an-ounce level as investors sought safe-haven assets amid escalating Middle East tensions and growing concerns over global energy supplies....

US Stock Exchanges Face Earnings Test as Trading Boom Meets Crypto Competition

U.S. exchange operators are set to begin reporting quarterly earnings this week, with investors expected to focus on whether strong trading activity can offset mounting concerns over regulatory changes and rising...

India FMCG Q1 Earnings Preview: Higher Input Costs Likely to Weigh on Profit Margins

Indias leading fast-moving consumer goods (FMCG) companies are expected to report weaker first-quarter profit margins as rising raw material costs, driven by the Iran conflict and higher crude oil prices, offset the...

Politics

US-Iran War Enters 11th Day as Costs Climb to $37.5 Billion, Trump Warns of More Strikes

The U.S.-Iran conflict intensified after U.S. Central Command (CENTCOM) confirmed it had completed an eleventh consecutive night of military strikes targeting Iranian assets. The operations are aimed at weakening Irans...

Rubio Urges Global Isolation of Nicaragua After Ortega Vows to End Elections

U.S. Secretary of State Marco Rubio has urged the international community to increase pressure on Nicaragua after President Daniel Ortega announced that the country would no longer hold elections, a move that has drawn...

US-Backed Pediatric HIV Treatment Drops After Foreign Aid Changes, Study Finds

Around 77,000 fewer children worldwide received HIV treatment supported by the United States in the fiscal year ending October 2025 compared with the previous year, according to research presented at the AIDS 2026...

US, Solomon Islands Deepen Ties as Peace Corps Set to Return After 25 Years

The United States is strengthening its relationship with the Solomon Islands by reviving the Peace Corps program and expanding development assistance, signaling Washingtons continued focus on the strategically important...

US Sends First Humanitarian Aid Flight to Cuba Under $100M Assistance Plan

The United States has launched the first humanitarian aid flight to Cuba under a newly announced $100 million assistance initiative, marking a significant step in Washingtons effort to provide direct relief to the Cuban...

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

Samsung Eyes Up to $1.14 Billion Investment in AI Startup Mistral

Samsung Electronics is reportedly in discussions to invest as much as 1 billion euros ($1.14 billion) in French artificial intelligence startup Mistral, a move that could strengthen the South Korean tech giants position in...

Wistron Opens $700M Texas AI Factory to Build Nvidia Superchips in U.S.

Taiwan-based Wistron Corp. (TW:3231), one of Nvidias leading manufacturing partners, has officially opened its first U.S. production facility in Fort Worth, Texas, marking a significant milestone in the expansion of...

Wistron Opens $700M Texas AI Factory to Build Nvidia GB300 Superchips

Taiwan-based Wistron Corp., a major Nvidia supplier, has opened its first U.S. manufacturing facility in Fort Worth, Texas, investing $700 million to expand artificial intelligence infrastructure production as global...

Super Micro Computer Stock Jumps 20% After Record AI Orders and Margin Surge

Super Micro Computer (NASDAQ: SMCI) stock soared about 20% in after-hours trading on Tuesday after the AI server maker released a stronger-than-expected preliminary update for its fiscal fourth quarter, highlighting a...

US, China to Hold AI Talks Ahead of Xi’s September Visit

The United States and China are preparing to hold high-level artificial intelligence (AI) talks in September, marking the first official AI dialogue between the two countries under President Donald Trumps administration....