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

Become a contributor

Bookmark Econotimes

Technology

Fri, Dec 05, 2025 07:58 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Google Drops Cloud Data Transfer Fees in EU and UK Ahead of Data Act

Sep 10, 2025 05:41 am UTC| Business Technology Governance

Google has announced it will scrap data transfer fees for organisations using multiple cloud providers in the European Union and the UK, just days before the EU Data Act comes into effect. The move, revealed Wednesday, is...

Alibaba’s Amap Challenges Meituan with AI-Powered Lifestyle Rankings

Sep 10, 2025 02:47 am UTC| Business Technology

Alibabas mapping app Amap is expanding beyond traditional navigation to compete directly with Meituan in Chinas local lifestyle services. The company has launched a new feature called Street Stars, an AI-driven ranking...

Neuralink Expands Brain Implant Trials with 12 Global Patients

Sep 10, 2025 01:57 am UTC| Technology Business Science Health

Elon Musks brain-computer interface company, Neuralink, announced that 12 people worldwide have now received its brain implants. This is up from seven patients reported in June, when the companys partner, Barrow...

Apple Unveils iPhone 17, iPhone Air, Apple Watch 11, and AirPods Pro 3 in Major Launch

Sep 10, 2025 01:03 am UTC| Technology Business

Apple has unveiled one of its biggest product updates in years, introducing the iPhone 17 lineup, the all-new iPhone Air, Apple Watch Series 11, and AirPods Pro 3. The iPhone 17 delivers significant upgrades with a 48MP...

Oracle Stock Surges on Strong AI-Driven Cloud Growth Outlook

Sep 10, 2025 00:57 am UTC| Technology Business

Oracle Corporation (NYSE: ORCL) soared over 22% in afterhours trading Tuesday after delivering a bullish forecast for cloud revenue growth, signaling strong AI-fueled demand despite weaker-than-expected fiscal...

Arm Targets Southeast Asia for AI and Data Center Growth

Sep 09, 2025 06:42 am UTC| Technology Business

British chip designer Arm (NASDAQ:ARM) is expanding its footprint in Southeast Asia as demand for artificial intelligence (AI) and data centers surges across the region. Speaking at the Fortune Brainstorm AI Singapore...

ASML Invests €1.3B in Mistral AI, Becomes Top Shareholder

Sep 09, 2025 06:32 am UTC| Business Technology

ASML Holding NV (AS:ASML), the worlds leading supplier of advanced lithography equipment, has announced a 1.3 billion ($1.5 billion) investment in French startup Mistral AI. The deal, part of Mistrals Series C funding...

41 42 43 44 45 46 47 48 49 50

Economy

Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows

Asian currencies strengthened slightly on Friday as traders grew more confident that the U.S. Federal Reserve will cut interest rates next week. The US Dollar Index slipped 0.1% in Asian hours, hovering near a one-month...

Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market

Oil prices traded mostly steady in Asia on Friday, holding on to gains from the previous session as geopolitical uncertainty and growing expectations of a U.S. Federal Reserve rate cut continued to support sentiment. As of...

BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague

Investors hoping the Bank of Japan will reveal clearer guidance on how high interest rates might rise may be disappointed, according to several former BOJ officials. Governor Kazuo Uedas recent hawkish tone has pushed...

Putin in Delhi: Assessing the Stakeholders. A Comprehensive Examination of Defence, Energy, and Aspirations for Export Expansion."

With discussions spanning new S-400 regiments, cooperative Su-57 fighter and hypersonic technology, and long-term agreements on Russian crude, LNG, and nuclear initiatives, Putins visit to Delhi places defence and energy...

Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets

Most Asian currencies held steady on Thursday after modest gains, as markets continued to price in the possibility of a Federal Reserve rate cut next week. The US Dollar Index edged 0.1% higher following an overnight dip...

Politics

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

Cuban authorities announced that the island is intensifying its fight against narcotics trafficking in the Caribbean, emphasizing ongoing cooperation with the U.S. Coast Guard despite heightened political tensions and an...

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

An Irish naval vessel detected as many as five drones operating close to the flight path of Ukrainian President Volodymyr Zelenskiys aircraft as he arrived in Ireland for a state visit, according to local media reports on...

Australia Progresses AUKUS Review as U.S. Affirms Strong Support

Australia is moving forward with the newly received United States review of the AUKUS nuclear-powered submarine partnership, signalling renewed confidence in the trilateral defence pact with the U.S. and the United...

Trump Administration Tightens H-1B Visa Vetting With New Focus on Free Speech and Censorship

The Trump administration has introduced stricter vetting measures for H-1B visa applicants, targeting professionals in highly skilled fields often recruited by major U.S. tech companies. According to an internal State...

China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai

Taiwan President Lai Ching-te has urged Chinese President Xi Jinping to direct his focus toward revitalizing Chinas weakening economy rather than pursuing territorial expansion, highlighting widening economic contrasts...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...