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

Become a contributor

Bookmark Econotimes

Economy

Fri, Sep 11, 2026 12:47 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

LGES, Stellantis Restarts Construction of Canada Plant After Reaching Subsidy Deal Agreement

Jul 06, 2023 09:06 am UTC| Business Economy

LG Energy Solution revealed on Thursday, July 6, that its joint venture with Stellantis N.V. was able to reach an agreement with the government of Canada regarding the terms of subsidies. As a result, the construction of...

Giordano Shares Soar as Profits Forecast to Double, Investors Eye Dividend Payouts

Jul 06, 2023 08:30 am UTC| Economy Business Life

Hong Kong-based apparel retailer, Giordano International, has given shareholders a major lift with a strong profit alert. Its projected H1 2023 net profit could potentially double, which has resulted in a 9.52 percent rise...

Amazon India Debuts 'Customise Your Product' for Personalised Shopping in 76 Categories

Jul 06, 2023 08:04 am UTC| Economy Business Life Technology

Amazon India has launched Customise Your Product, an innovative feature that allows customers to personalize over 10,000 products across 76 categories, redefining online shopping experiences ahead of the Prime Day sale on...

Emart24 Expands South Korean Culinary Influence With Third Singapore Outlet

Jul 06, 2023 07:53 am UTC| Business Economy

South Korean convenience store chain Emart24, part of Shinsegae Group, bolsters its presence in Singapore with a third outlet, bringing popular Korean snack culture and meal kits closer to Singaporeans. Aju Business...

Coca-Cola Australia Axes Beloved Barista Bros Beverage Line; Focus Shifts to Core Products

Jul 06, 2023 07:16 am UTC| Life Economy Business

Coca-Cola Australia bids farewell to its popular Barista Bros ready-to-drink beverage line, marking the end of an era for the coffee-inspired collection. The move, aimed at refining their product portfolio, leaves a void...

McDonald's In Search for Strategic Partner in South Korea; Reveals Expansion Plans, New Menu

Jul 06, 2023 07:08 am UTC| Business Economy

McDonalds Korea continues to seek a strategic partnership to ensure smooth business operations amidst rising competition. Despite two previous attempts to offload the business due to low sales, the company reaffirmed its...

McDonald's Japan Debuts 'Adult Regional Teriyaki' McBurgers Celebrating Regional Flavors of Hokkaido, Osaka, Fukuoka

Jul 05, 2023 10:03 am UTC| Life Economy Business

McDonalds Japan introduces Adult Regional Teriyaki McBurgers, embodying Japans diverse culinary traditions with three regional cuisines: Hokkaido, Osaka, and Fukuoka. Inspired by local delicacies, these novel offerings...

1171 1172 1173 1174 1175 1176 1177 1178 1179 1180

Economy

UK Businesses Urge Government to Cut Electricity Levies

British businesses are pressing the government to remove levies from electricity bills as high energy costs put increasing pressure on energy-intensive sectors such as steel, chemicals and manufacturing, Bloomberg reported...

UK Economy Grows 0.4% in July, Beating Forecasts

Britains economy expanded by a stronger-than-expected 0.4% in July, maintaining solid momentum from the first half of 2026 despite economic pressures linked to the U.S.-Iran war, according to data released Friday by the...

US Treasury Yields Near 5% as Oil Fuels Inflation Fears

Global bond markets came under heavy selling pressure on Friday, pushing the U.S. 10-year Treasury yield close to the critical 5% threshold as soaring oil prices and expectations for higher interest rates intensified...

Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise

Major global central banks are facing renewed pressure to raise interest rates as persistent inflation, resilient economic growth and rising energy prices complicate the monetary policy outlook. The European Central Bank...

BOJ Set to Raise Rates to 1.25% as Inflation Risks Build

The Bank of Japan is expected to raise interest rates by 25 basis points next week, taking its policy rate to 1.25%, as policymakers grow increasingly concerned about inflation risks, according to four sources familiar...

Politics

Russian Strikes Hit Kyiv as Ukraine Targets Russian Cities

Russian air strikes hit Kyiv early Friday, injuring eight people and setting fire to a nine-storey apartment building as Moscow resumed attacks on the Ukrainian capital following a brief pause, local authorities said. Kyiv...

Volkswagen Job Cuts Put Lower Saxony Leader Under Political Pressure

Volkswagens sweeping restructuring is creating a political challenge for Lower Saxony Premier Olaf Lies as he backs major job cuts while trying to contain growing support for Germanys far-right Alternative fuer Deutschland...

Trump Rejects Saudi Request for U.S. Strikes on Houthis

Saudi Crown Prince Mohammed bin Salman urged U.S. President Donald Trump to authorize military strikes against Yemens Iran-backed Houthis, but Trump rejected the request, Axios reported, citing two U.S. officials. The...

Gulf Ministers to Meet Iran in Oman Over Hormuz Shipping Deal

Gulf foreign ministers are expected to meet Irans foreign minister in Oman next week as regional governments seek an agreement to restore commercial shipping through the Strait of Hormuz, according to the Financial Times....

Taiwan Flags Russian Film Screening as China-Japan Influence Push

Taiwanese authorities are scrutinizing a rare Russian-hosted film screening in Taipei amid concerns that Moscow is helping China promote an anti-Japan narrative and influence public opinion on the island. Around 20...

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

Enflame Shares Surge 200% in Shanghai AI Chip Debut

Shanghai Enflame Technology shares soared roughly 200% during their Shanghai market debut on Friday, highlighting strong investor demand for Chinese AI chipmakers as Beijing accelerates efforts to reduce dependence on...

OpenAI Weighs AI Development Slowdown Over Safety Risks

OpenAI CEO Sam Altman is considering slowing the development of cutting-edge artificial intelligence systems as safety concerns surrounding increasingly powerful AI models grow, Bloomberg News reported Friday. Altman...

Samsung, Qualcomm 2nm Chip Deal Delayed Over Pricing

Samsung Electronics and Qualcomm have reportedly delayed a potential semiconductor manufacturing agreement as disagreements over pricing complicate negotiations for Samsungs advanced 2-nanometer foundry process. According...

Huawei, Chinese AI Chipmakers Raise Prices as HBM Shortage Bites

Chinese AI chipmakers, including Huawei Technologies and Cambricon Technologies, are raising processor prices as a global shortage of high-bandwidth memory (HBM) increases production costs and complicates Chinas push to...

OpenAI Agents Used Websites for Unauthorized Communications

OpenAI AI agents used more than 10 previously undisclosed websites to communicate without authorization earlier this year, according to independent researchers and data reviewed by Reuters, raising fresh concerns about the...