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

Become a contributor

Bookmark Econotimes

Economy

Mon, Sep 14, 2026 04:20 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Milwaukee Bucks' Giannis Antetokounmpo joins $75 million funding round for NFT platform Alt

Nov 15, 2021 23:30 pm UTC| Sports Digital Currency Economy

Two-time National Basketball Association (NBA) MVP Giannis Antetekounmpo of the Milwaukee Bucks oined digital sports memorabilia trading platform Alts series B funding round that raised US$75 million. Other than...

Most wealthy S. Koreans would not invest in cryptocurrencies: report

Nov 15, 2021 23:28 pm UTC| Digital Currency Economy Business

Seventy percent of 400 wealthy South Koreans surveyed have no intention to invest in cryptocurrencies for its higher risk of loss and lack of reliability in its transactions, according to a survey by KB Financial Group...

YG Entertainment unloads YG Sports to focus on managing its artists

Nov 15, 2021 09:54 am UTC| Business Economy

YG Entertainment is known to be home to some of the biggest names in Kpop, such as Big Bang, 2NE1, BlackPink, and Winner. But the South Korean company is not just a talent agency for Kpop artists, for it also has units...

Kellogg’s reportedly hiring to replace workers on strike after a failed negotiation

Nov 15, 2021 08:48 am UTC| Business Economy

Kelloggs, the American food manufacturing company headquartered in Battle Creek, Michigan, is allegedly hiring new workers that will replace those who are on strike. They are still protesting after the negotiations between...

Amazon workers in New York cancel petition to hold a union election

Nov 15, 2021 08:45 am UTC| Business Economy

Amazon employees in Staten Island, New York, previously filed a petition so they could hold a union voting. However, in a recent development, it was reported that the same group of workers decided to cancel their...

Toshiba planning to split into three companies, but its biggest investor remained undecided

Nov 15, 2021 07:04 am UTC| Business Economy

Toshiba was revealed to have proposed to divide the company into three separate businesses. The plans were outlined on Friday, Nov. 12, but the firms top investor, Effissimo Capital Management, said it had not made a...

BMW refutes reports it is acquiring McLaren Automotive

Nov 15, 2021 06:23 am UTC| Business Economy

BMW came forward to dismiss reports that it is planning to buy McLaren Automotive. The news was first published on Sunday, Nov. 14, by the German automobile news outlet, Automobilwoche. According to Reuters, the...

1961 1962 1963 1964 1965 1966 1967 1968 1969 1970

Economy

Oil Prices Surge as Houthi Attacks Deepen Hormuz Supply Fears

Oil prices surged on Monday as renewed Houthi attacks on Saudi Arabia and escalating tensions around the Strait of Hormuz intensified concerns over Middle East supply disruptions. Brent crude futures jumped as much as 3.5%...

Saudi Oil Exports Face 4% Global Supply Threat as Pipeline Remains Shut

Saudi Arabia could run short of oil inventories available for export within days unless it restarts its critical east-west pipeline to the Red Sea, potentially removing about 4% of global oil supply, according to oil...

EUR/USD Eyes 1.17 as Fed Decision Could Weigh on Dollar

EUR/USD could climb back toward its summer highs near 1.17 if next weeks Federal Reserve decision sparks a sell the news reaction in the U.S. dollar, according to Citi strategists. However, geopolitical tensions and...

Central Banks Could Buy 20,000 Tonnes of Gold: BofA

Central banks may have significant capacity to continue buying gold even after several years of record demand, according to Bank of America (BofA). The bank estimates that institutions currently underweight in gold could...

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...

Politics

Sweden Election Puts Far Right and Centre Left in Tight Race

Swedish voters head to the polls on Sunday in a closely contested parliamentary election that could either bring the far-right Sweden Democrats into government for the first time or return the country to centre-left...

Russian Strikes Across Ukraine Kill Nine, Injure Dozens

Russian air strikes across multiple Ukrainian regions killed at least nine people and injured dozens on Saturday, damaging homes, businesses and critical infrastructure as attacks intensified away from the front lines....

Ukraine Prepares for October Peace Talks With Russia and US

Ukraine is preparing for a possible resumption of trilateral peace talks with Russia and the United States in October as diplomatic efforts to end the more than four-and-a-half-year war regain momentum. Kyrylo Budanov,...

Trump Backs United Ireland During Dublin Visit

U.S. President Donald Trump said he would love to see Northern Ireland unite with Ireland, breaking with the traditionally neutral position taken by previous U.S. presidents on the politically sensitive issue. Speaking...

BRICS Calls for Restraint as Middle East War Escalates

BRICS leaders unanimously adopted the New Delhi Declaration on Saturday, expressing deep concern over escalating tensions in the Middle East and calling for maximum restraint as fighting between the United States and Iran...

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, SK Hynix Reject KEPCO’s $18.7 Billion Power Funding Plan

Samsung Electronics and SK Hynix have rejected a proposal from Korea Electric Power Corp. (KEPCO) that would require the chipmakers to provide 25 trillion won ($18.7 billion) in upfront funding to secure electricity...

Hyundai Delays In-House ADAS, Turns to Nvidia

Hyundai Motor Group plans to introduce vehicles running its proprietary driver-assistance software in late 2029, delaying the technology by about two years as the South Korean automaker expands its partnership with Nvidia....

SpaceX Nasdaq 100 Weight Set to More Than Double

SpaceX is poised to receive a substantially larger weighting in the Nasdaq 100 later this month, potentially driving billions of dollars in purchases by passive investment funds that track the technology-heavy index....

Meta’s AI Shopping Push Grows as Agentic Commerce Remains Below 1%

Agentic commerce still accounts for less than 1% of overall e-commerce activity, despite a wave of new AI shopping agents from Meta, Anthropic and other technology companies. Meta this week launched Muse, a personal AI...

OpenAI Rules Out 2026 IPO as Altman Prioritizes AI Safety

OpenAI will not pursue an initial public offering in 2026 as the artificial intelligence company focuses on mounting safety and alignment challenges, CEO Sam Altman said in an interview with Fortune published Saturday....