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

Become a contributor

Bookmark Econotimes

Economy

Mon, Sep 14, 2026 05:05 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Bored Ape Yacht Club partners with Rolling Stone for a special magazine edition

Nov 03, 2021 09:55 am UTC| Business Economy

Rolling Stone revealed its partnership deal with Bored Ape Yacht Club (BAYC) for a special featuring in its world-famous magazine. Based on the agreement, the publication will bring never-before-seen BAYC artwork and other...

Yahoo blames 'challenging business and legal environment' for China exit

Nov 03, 2021 09:12 am UTC| Law Economy Business

Yahoo stopped providing content for users in mainland China as of Nov. 1 due to the increasingly challenging business and legal environment, and directed users of Yahoo and AOL mail to other links. Chinese media...

Coinbase acquires India’s Agara AI customer service startup

Nov 03, 2021 07:38 am UTC| Business Economy

Coinbase has acquired Agara, an AI customer support startup based in India. With the deal, most of Agaras employees are expected to join the American cryptocurrency exchange firms operations. Coinbase Indias head of...

LG announces free Apple TV+ streaming service to LG Smart TV owners

Nov 03, 2021 06:31 am UTC| Business Economy

LG Electronics announced it would be offering a free Apple TV+ streaming service to people who own an LG Smart TV. The promo was unveiled ahead of the Apple TV+ launch that was scheduled for Nov. 4 in South Korea. LG...

Hershey enjoys 6.3% sales growth in 3Q due to high comfort food demand

Nov 02, 2021 23:43 pm UTC| Economy Business Life

The Hershey Co. enjoyed an on-year sales growth of 6.3 percent in its third-quarter to $2.36 billion amid high demand for comfort foods during the pandemic. While net income dropped slightly in the quarter, from $447...

S. Korea's ruling Democratic Party eyes postponement of virtual asset taxation

Nov 02, 2021 23:42 pm UTC| Law Digital Currency Economy

South Korea should postpone the planned virtual asset taxation to 2023 as there are no related laws regarding virtual assets, says Rep. Kim Byung-wook of South Koreas ruling Democratic Party (DP) The country plans to...

Kobe Bryant leads athlete payouts at $400 million in BodyArmor sale to Coke

Nov 02, 2021 23:42 pm UTC| Sports Economy

The late Kobe Bryants estate is expected to receive more than $400 million from Coca-Colas acquisition of 85 percent of sports drink BodyArmor in a deal that values the company at $8 billion. The Lakers icon was among...

1971 1972 1973 1974 1975 1976 1977 1978 1979 1980

Economy

Asian Stocks Fall as AI Fears and Oil Surge Hit Markets

Asian stocks declined on Monday as concerns over a potential slowdown in artificial intelligence development pressured technology shares, while oil prices above $100 a barrel fueled inflation fears and expectations for...

Hormuz Vessel Traffic Drops to Single Digits

Commodity vessel traffic through the Strait of Hormuz dropped to single-digit daily levels over the weekend, highlighting growing disruption to one of the worlds most important energy and shipping routes. Preliminary...

Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise

Goldman Sachs now expects the Federal Reserve to raise interest rates by 25 basis points at its September meeting, reversing its previous forecast for no change as inflation concerns intensify across U.S. financial...

Gold Prices Fall as Hot U.S. Inflation Boosts Fed Rate Hike Bets

Gold prices moved lower on Monday as stronger-than-expected U.S. inflation increased expectations for a Federal Reserve interest rate hike this week, while surging oil prices added fresh inflation concerns. Spot gold...

Asian Tech Stocks Slide as AI Concerns and Rising Bond Yields Hit Chipmakers

Asian technology stocks fell sharply on Monday as rising bond yields and renewed concerns about the sustainability of the artificial intelligence rally pushed investors away from high-growth chipmakers. South Koreas...

Politics

Sweden Election: Centre-Left Holds Narrow Lead

Swedens centre-left opposition held a slim lead over the right-wing government early Monday as vote counting continued in a closely contested national election that could reshape the countrys immigration and domestic...

Houthi Red Sea Gains Strengthen Iran’s Leverage Over Gulf States

The Houthi takeover of strategic areas along Yemens Red Sea coast is shifting the Gulf balance of power, giving Iran greater leverage over Saudi Arabia and other Gulf states as disruptions threaten key global oil and...

China to Push Global Security Vision at Xiangshan Forum

China is preparing to promote its vision for global security at the annual Xiangshan Forum in Beijing this week, as tensions persist over Taiwan, the South China Sea and uncertainty surrounding U.S. security commitments in...

North Korea Holds Missile and Artillery Drill

North Korea said Monday that its latest missile launches were part of a large-scale live-fire military exercise designed to test multiple weapons and strengthen its ability to conduct coordinated strikes, according to...

Trump Downplays Report Iran Obtained Chinese Satellite Images Before Jordan Attack

U.S. President Donald Trump on Sunday dismissed concerns surrounding a report that Iran obtained satellite imagery of a military base in Jordan from Chinese entities before an attack that killed three U.S. troops in July....

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

Z.AI Shares Slide 7% After $5 Billion Fundraising

Z.AI shares tumbled nearly 7% on Monday, reaching a 5-1/2-month low after the Chinese artificial intelligence company completed a roughly $5 billion fundraising package involving discounted new shares and convertible...

Anthropic Eyes Second Straight Profitable Quarter Ahead of Potential IPO

Anthropic expects to post positive adjusted operating income for a second consecutive quarter, signaling improving financial performance as the artificial intelligence company moves closer to a potential IPO, the Financial...

Trump Vows to Keep U.S. Ahead of China in AI Race

President Donald Trump said Sunday that the United States must maintain its artificial intelligence lead over China, pushing back against calls from prominent technology leaders to slow AI development amid growing safety...

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....