Menu

Search

Stellantis Invests Additional $400 Million in Archer to Boost eVTOL Aircraft Production

Aug 13, 2024 15:38 pm UTC| Business Technology

Stellantis is deepening its partnership with Archer Aviation by investing an additional $400 million to scale the production of Archers Midnight eVTOL aircraft. This funding will support Archers goal of producing 650...

Crowdstrike Wins ‘Most Epic Fail’ Award for Global IT Outage, Owning Its Mistake

Aug 13, 2024 15:35 pm UTC| Technology Business

Crowdstrike received the Most Epic Fail award at the Def Con conference for its global IT outage, acknowledging the error and committing to improvements. President Michael Sentonas emphasized the importance of owning...

Tesla China Delivery Centers Packed as Customers Rush for Holiday Incentives and Deals

Aug 12, 2024 14:25 pm UTC| Business Technology

Teslas delivery centers in China were bustling with activity over the holiday weekend as new incentives and zero-interest loan offers drew large crowds. The Beijing Crab Island Delivery Center, among others, saw a customer...

SpaceX’s Starship Flight 5 Targeted for September, Awaiting FAA Green Light

Aug 12, 2024 14:20 pm UTC| Science Technology

SpaceXs fifth Starship test flight is expected to take place in September, according to CEO Elon Musk. The launch, pending FAA approval, will feature significant advancements, including a potential in-space engine...

Women are less interested in AI than men, but using it would help them advance at work

Aug 12, 2024 10:53 am UTC| Insights & Views Technology

Women use generative artificial intelligence tools less than men do. The World Economic Forum recently published an article on the subject. It reported that 59 per cent of male workers aged between 18 and 65 use...

AI could be the breakthrough that allows humanoid robots to jump from science fiction to reality

Aug 12, 2024 09:18 am UTC| Technology

Humanoid robots have long been a staple of science fiction, but there is now real progress being made. A range of new models made by or backed by the likes of Boston Dynamics, Tesla and OpenAI are able to walk and move...

Digital Currency Revolution

Ethereum's Gas Fees Hit 5-Year Low as Layer-2 Networks Surge

Aug 12, 2024 08:23 am UTC| Digital Currency Technology

Ethereums gas prices have fallen to a 5-year low, with median fees dropping to 1.9 gwei, highlighting the growing influence of layer-2 solutions. Ethereum Median Gas Fees Hit 5-Year Low As interest in layer-2...

  531 532 533 534 535 536 537 538 539 540   

Economy

Oil Prices Rally as Brent Nears $100 on U.S.-Iran Escalation

Oil prices extended their rally during Asian trading on Wednesday, with Brent crude approaching the key $100-per-barrel level as escalating U.S.-Iran tensions fueled concerns over Middle East oil supplies and shipping...

Asian Stocks Mixed as AI Chip Rally Meets Oil Surge

Asian stocks traded mixed on Wednesday as semiconductor shares extended gains on strong artificial intelligence demand, while rising oil prices and escalating Middle East tensions fueled concerns about inflation and higher...

Asian Stocks Mixed as Korean Chipmakers Rally

Asian stocks traded mixed on Tuesday as strong gains in South Korean semiconductor shares boosted the regions technology sector, while rising oil prices, higher U.S. Treasury yields and expectations for tighter monetary...

Canada Retaliatory Tariffs on U.S. Goods Take Effect

Canada imposed retaliatory tariffs on $20 billion worth of U.S. goods early Tuesday, escalating its trade dispute with the United States after negotiations between the two countries collapsed last month. Prime Minister...

Iran Threatens Gulf Energy Assets as U.S. Tensions Escalate

Iran warned Monday that it would retaliate against further U.S. attacks, threatening American oil and gas interests across the Gulf as renewed hostilities raise concerns over global energy supplies and shipping through the...

Politics

U.S. Envoy Warns Taiwan Conflict Could Devastate Global Economy

A military conflict across the Taiwan Strait could inflict greater damage on the global economy than World War Two, the top U.S. diplomat in Taipei warned on Wednesday, highlighting the importance of an upcoming U.S.-China...

Trump Hails AfD Election Win, Blames Germany Immigration Rules

U.S. President Donald Trump praised the Alternative for Germany (AfD) after the far-right party secured a major victory in a state election, linking its strong performance to growing dissatisfaction with Germanys...

US Forces Destroy Five Iranian Oil Tankers After Missile Attacks

U.S. Central Command (CENTCOM) said American forces destroyed five Iranian crude oil carriers on September 8 following attempted missile attacks on a U.S. Navy warship over the previous two days. The military action marks...

Iran Says It Captured US Underwater Drone Near Strait of Hormuz

Irans Revolutionary Guards said Tuesday that its naval forces captured a U.S. uncrewed submarine near the entrance to the Strait of Hormuz, highlighting the growing role of autonomous underwater drones in modern military...

Xi, Putin Reaffirm Ties With North Korea on Founding Anniversary

Chinese President Xi Jinping and Russian President Vladimir Putin reaffirmed their countries close strategic relationships with North Korea as Pyongyang celebrated the 78th anniversary of its founding, North Korean state...

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

Qualcomm Stock Jumps on Amazon AI Chip Deal

Qualcomm Technologies (NASDAQ: QCOM) shares surged 9.5% after the chipmaker announced a multi-generational partnership with Amazon to develop custom silicon and high-speed optical connectivity technology for artificial...

Google Revamps EU Search Results to Meet DMA Rules

Alphabets Google has introduced major changes to its search results in Europe as it seeks to comply with European Union antitrust rules under the Digital Markets Act (DMA). Google said Tuesday that the overhaul represents...

Australia Plans New Rules Giving Users Control Over Social Media Feeds

Australia has proposed new social media regulations that would give users greater control over the content appearing in their feeds, expanding the governments efforts to strengthen online safety and regulate major...

Anthropic Drops $6 Billion Decart AI Acquisition Talks

Anthropic has reportedly abandoned plans to acquire artificial intelligence startup Decart AI after exploring a potential transaction valued at roughly $6 billion, according to Bloomberg News. The maker of the Claude AI...

Huawei Launches Mate XT2 Foldable Phone in China

Huawei unveiled its latest flagship foldable smartphone, the Mate XT2, on Monday as the Chinese technology giant looks to maintain its dominance in the countrys premium smartphone market amid growing competition from Apple...
  • Market Data
Close

Welcome to EconoTimes

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