Menu

Search

Starbucks Korea commits to helping small cafes

Mar 31, 2022 23:19 pm UTC| Economy Business

Starbucks Korea signed an agreement with the National Commission for Corporate Partnership and the National Cafe Owners Association to develop drinks using local agricultural produce before sharing these recipes and...

IKEA UK shutting its Tottenham store, 450 staff may lose jobs

Mar 31, 2022 09:49 am UTC| Business Economy

IKEA UK reveals it is planning to close down its Tottenham store located in the north of London this year. The Swedish furniture company announced its plan on Wednesday, March 30. IKEA UK said that this move is part of...

Audi Volkswagen Korea changes name to Volkswagen Group Korea, to launch 22 new models

Mar 31, 2022 09:29 am UTC| Business Economy

Audi Volkswagen announced this week that it has made changes in the company. In particular, the company is now called the Volkswagen Group Korea, and this name change is said to be in line with the German automakers New...

Citi sells its Indian consumer business to Axis Bank for $1.6B

Mar 31, 2022 09:03 am UTC| Business Economy

Citigroup is dissolving its consumer banking business unit in India, and Axis Bank is buying it for $1.6 billion. The deal is said to be the biggest so far as the company works on boosting its credit card...

Nongshim launches Petit Paris bakery snack brand

Mar 31, 2022 08:55 am UTC| Business Economy

Nongshim, a leading South Korean food, and beverage company headquartered in Seoul, unveiled its new product this week. The company that is more popular for its Shin Ramyun instant noodle brand has entered the bakery snack...

South Korea’s KT debuts AI quarantine robots to fight virus disinfection

Mar 31, 2022 08:41 am UTC| Business Economy

KT, a South Korean company, launches another innovative robot designed for hotels and restaurants. This time it is announcing the arrival of its new AI Quarantine robot to help fight virus infections. KT said that the...

KFC Spain's successful marketing campaign cleverly used the country's Saharan desert dust storm

Mar 31, 2022 08:36 am UTC| Business Economy

KFC Spain has come up with a creative way to promote its brand, and the campaign has been a big hit. The fried chicken fast-food chain used the Saharan desert storm dust that has affected the country in its latest...

  1551 1552 1553 1554 1555 1556 1557 1558 1559 1560   

Economy

Australia's Trade Surplus Surges in February on Gold Export Boom

Australia recorded a significant widening of its trade surplus in February, as a powerful rebound in exports combined with softening import demand to deliver results well beyond market expectations. Official data released...

Gulf War Ceasefire Hopes Weigh on Dollar Ahead of Trump Address

Global currency markets held largely steady Thursday as traders stayed on the sidelines ahead of a closely watched national address by U.S. President Donald Trump, expected to outline potential ceasefire developments in...

Trump's Claim That the U.S. Can Cover Global Jet Fuel Shortfall Doesn't Add Up

President Donald Trump urged nations facing jet fuel shortages caused by Irans blockade of the Strait of Hormuz to simply purchase their supply from the United States. We have plenty, Trump posted on Truth Social. But...

Oil Prices Hold Near Multi-Year Highs Amid Iran Conflict and Hormuz Supply Fears

Oil prices remained elevated during Asian trading on Wednesday as markets processed mixed signals surrounding the ongoing conflict with Iran. Brent crude futures for June climbed 0.5% to $104.47 per barrel, while West...

Asian Stocks Surge on Trump's Iran War Comments and Dip-Buying

Asian equity markets posted strong gains on Wednesday, driven by U.S. President Donald Trumps remarks signaling a potential end to military operations against Iran within two to three weeks. Renewed investor optimism,...

Politics

FBI Launches Independent Cuba Probe After Deadly Speedboat Shootout

A team of FBI agents traveled to Cuba this week to conduct an independent investigation into a deadly maritime confrontation involving ten Cuban exiles who attempted to infiltrate the island by speedboat under cover of...

Carney and Trump Discuss Middle East Crisis in High-Stakes Phone Call

Canadian Prime Minister Mark Carney and U.S. President Donald Trump connected over the phone on Wednesday to address the ongoing conflict in the Middle East, among other pressing global issues. The call marked another...

Bahamas Calls Snap Election for May 12 Amid Cost of Living Concerns

Prime Minister Philip Davis announced Wednesday that the Bahamas will hold an early general election on May 12, moving the vote several months ahead of its originally scheduled mid-October date. Davis confirmed he will...

Trump's NATO Threat Looms as Rutte Plans Washington Visit

NATO Secretary-General Mark Rutte is set to visit Washington next week in what the alliance has described as a long-planned trip, arriving at a particularly tense moment in transatlantic relations. NATO spokesperson...

Mexico's Foreign Minister Juan Ramon de la Fuente Steps Down for Health Reasons; Roberto Velasco Nominated as Successor

Mexican President Claudia Sheinbaum announced Wednesday that Foreign Minister Juan Ramon de la Fuente is stepping down from his position due to ongoing health concerns. Sheinbaum has nominated Roberto Velasco, the current...

Science

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

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 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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Technology

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...

Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers

Microsoft Corporation (NASDAQ: MSFT) is reportedly in exclusive negotiations with Chevron Corp (NYSE: CVX) and investment firm Engine No. 1 to develop a massive energy complex in West Texas dedicated to powering its...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.