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

Become a contributor

Bookmark Econotimes

Business

Sat, Dec 27, 2025 07:07 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Digital Currency Revolution

KuCoin's Strategic Investment in Crystal Fun: A New Era of Web3 Gaming Experience

Feb 20, 2024 08:25 am UTC| Business Digital Currency Technology

KuCoin Ventures, the investment branch of the global cryptocurrency exchange KuCoin, has disclosed a strategic investment in Crystal Fun. This collaboration signals a pivotal moment in the advancement of decentralized...

Capital One Set to Buy Discover in $35.3B Deal, Aiming to Build Payments Powerhouse

Feb 20, 2024 08:10 am UTC| Business

Capital One, a Warren Buffett-backed U.S. consumer bank, gears up to acquire U.S. credit card issuer Discover Financial Services as part of its efforts to create a global payments giant in the United States. On Monday,...

Digital Currency Revolution

Y Combinator Identifies Stablecoins, Metaverse, and AI as Key Sectors for Innovation

Feb 20, 2024 06:35 am UTC| Business Digital Currency

In their recent report, Silicon Valley incubator Y Combinator highlights stablecoins, metaverse, and AI technology as crucial sectors for innovation. In the annual Requests for Startups report, Y Combinator emphasizes the...

Lotte Chemical’s HEC Plant in Yeosu Starts Production

Feb 19, 2024 10:03 am UTC| Business

After the facilitys completion, Lotte Chemical Corporation officially started production at the Hecellose manufacturing plant in Yeosu. The factory is now expected to produce about 10,000 tons of high-value specialty...

Currys’ Shares Soar Amid Acquisition Talks by Chinese Retail Giant JD.com

Feb 19, 2024 10:00 am UTC| Business

Chinas JD.com expressed interest in acquiring Britains Currys, causing a surge in the retailers shares. This move sets the stage for a potential bidding war following Currys rejection of a rival 700 million bid. JD.coms...

Coupang, Yuhan Join Major Labor Business Lobby as Conflict With Umbrella Union Continues

Feb 19, 2024 09:54 am UTC| Business

Coupang Inc. and Yuhan Corporation are both joining the lobby group called the Korea Enterprises Federation, which is one of the leading business lobby organizations in South Korea. The companies will soon be part of the...

Coke’s Exciting New Flavor Coca-Cola Spiced Hits Shelves Feb. 19

Feb 19, 2024 09:51 am UTC| Business

Coke enthusiasts will soon have a fresh option to savor as Coca-Cola introduces its latest flavor, Coca-Cola Spiced. On February 19, this new offering will be available at retailers nationwide, marking the first new flavor...

1021 1022 1023 1024 1025 1026 1027 1028 1029 1030

Economy

China Industrial Profits Slump Signals Need for More Economic Stimulus

Profits at Chinas industrial firms fell sharply in November, marking the fastest year-on-year decline in more than a year and underscoring the fragile state of the countrys economic recovery. According to data released by...

Japan to Audit Brazil’s Beef System, Paving Way for Market Access

Japan is set to conduct a comprehensive audit of Brazils beef sanitary system in March 2026, marking a significant step toward the possible opening of Japans lucrative beef market to Brazilian beef exports. The...

Wall Street Ends Post-Christmas Session Flat as Investors Eye Santa Claus Rally

Wall Street finished a light-volume, post-Christmas trading session nearly unchanged on Friday, as investors found little fresh news to drive strong market conviction. After a solid five-session rally, all three major U.S....

Argentina Congress Approves 2026 Budget Under Milei, Marking First Legislative Passage Since 2023

Argentinas Congress has approved the countrys 2026 national budget, marking the first budget bill passed by legislators since President Javier Milei assumed office in late 2023. The budget was approved on Friday by a vote...

U.S. Stocks Hold Steady After Christmas as Trading Volumes Stay Light

U.S. stocks were mostly unchanged following the Christmas holiday, as subdued trading activity and thin volumes defined the session ahead of a shortened New Years trading week. With many global markets still observing...

Politics

FBI to Permanently Close Hoover Building, Relocate Headquarters to Reagan Building

FBI Director Kash Patel announced Friday that the agency will permanently shut down its historic headquarters, the J. Edgar Hoover Building in Washington, D.C., marking a major shift in the bureaus long-discussed...

Mark Carney Reaffirms Canada’s Support for Ukraine as Peace Talks With Russia Gain Momentum

Canadian Prime Minister Mark Carney held a phone call with Ukrainian President Volodymyr Zelenskyy on Friday to discuss the latest developments in ongoing peace negotiations between Ukraine and Russia, according to a...

Zelenskiy to Meet Trump in Florida as Ukraine-U.S. Peace Framework Nears Completion

Ukrainian President Volodymyr Zelenskiy is set to meet U.S. President Donald Trump in Florida on Sunday to discuss key territorial issues and security guarantees as negotiations aimed at ending the war in Ukraine enter a...

Lebanon Cabinet Approves Financial Gap Law to Tackle Ongoing Economic Crisis

Lebanons cabinet has approved a controversial draft law aimed at addressing the countrys prolonged financial crisis, a move seen as a critical step toward unlocking long-awaited international financial support. The...

Zelenskiy to Meet Trump to Advance Ukraine Peace Talks and Security Guarantees

Ukrainian President Volodymyr Zelenskiy announced on Friday that he plans to meet with U.S. President Donald Trump on Sunday as part of ongoing efforts to bring an end to Russias war in Ukraine. The high-level meeting is...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Nvidia and Groq Strike Strategic AI Inference Licensing Deal

Reports earlier this week suggested that Nvidia (NASDAQ: NVDA) had agreed to acquire AI chip startup Groq in a $20 billion all-cash transaction. However, updated details clarify that the arrangement is not a traditional...

TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards

Several leading Japanese semiconductor equipment manufacturers have been recognized with 2025 Supplier Awards from Taiwan Semiconductor Manufacturing Company (TSMC), highlighting their growing importance in the global chip...

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...