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

Become a contributor

Bookmark Econotimes

Business

Tue, Dec 30, 2025 02:12 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Samsung Strikes Back With Patent Invalidation Suits Against Mojo Mobility Amid Surging Odyssey G9 Orders

Jul 10, 2023 09:41 am UTC| Technology Economy Business

Samsung Electronics counters Mojo Mobilitys patent infringement claim by launching patent invalidation lawsuits, asserting the wireless charging technologies in dispute. Simultaneously, Samsungs Odyssey OLED G9 gaming...

Foot Locker Prepares for Thai Market Invasion With First Store in Siam Center

Jul 10, 2023 09:36 am UTC| Life Economy Business

Foot Locker, a leading US footwear retailer, is gearing up to launch its first store in Thailand, further expanding its footprint in Southeast Asia. The eagerly-awaited store is set to open at the Siam Center, under a...

Burger King Rolls Out McDonald's-Inspired Snack Wraps in Canada Amid High Demand

Jul 10, 2023 09:20 am UTC| Business Economy

Burger King is introducing McDonalds-loved snack wraps to its Canadian menu, satisfying overwhelming customer demand for the food item. Despite McDonalds decision to drop the wraps due to slowed kitchen production, Burger...

POSCO Launches State-of-the-Art Battery Recycling Plant, Innovating Sustainable Materials Recovery

Jul 10, 2023 08:18 am UTC| Economy Business

POSCO Holdings, partnering with China Huayu Cobalt and GS Energy, unveils the revolutionary POSCO HY Clean Metal, a secondary battery recycling plant. Processing 12,000 tons of black powder yearly, the facility...

Hana Financial Group Bids to Buy KDB Life Insurance

Jul 10, 2023 08:18 am UTC| Business Economy

Hana Financial Group has joined the bidding to acquire KDB Life Insurance which is the insurance unit of the state-owned Korean Development Bank (KDB). Business observers said that the acquisition bid is likely a move...

Qoo10 Acquires Major Stakes in Interpark Commerce, WeMakePrice; South Korean FTC Greenlights Takeover

Jul 10, 2023 07:59 am UTC| Economy Business Life Technology

Singapores Qoo10 Pte. Ltd. received South Koreas antitrust regulators approval on Sunday to acquire two online shopping platforms, bolstering its footprint in the global e-commerce industry. The Fair Trade Commission (FTC)...

Hyundai-Kia Surpass GM to Become No. 2 in US EV Market, Trail Tesla

Jul 10, 2023 07:23 am UTC| Business Economy

Despite the impact of the Inflation Reduction Act (IRA), Hyundai Motor Company and Kia Motors secured the second spot in U.S. electric vehicle sales for the first half of 2023, trailing only Tesla. Hyundai Motor and Kia...

1401 1402 1403 1404 1405 1406 1407 1408 1409 1410

Economy

European Markets Mixed as Pound Weakens and Major Corporate Deals Emerge

European financial markets opened the week on a cautious note as investors returned after the long Christmas holiday weekend. British stocks were largely flat at Mondays open, while the pound sterling weakened against the...

Silver Prices Hit Record Highs: How Silver Is Traded and Why Demand Is Surging

Silver prices surged past $80 an ounce for the first time on Monday, driven by a powerful combination of industrial demand, investor interest, persistent supply shortages, and momentum-based trading. The rally briefly...

Gold Prices Ease After Record Highs as Dollar Firms, Broader Bullish Outlook Intact

Gold prices edged lower on Monday after reaching record highs in the previous session, as some investors opted to lock in profits and the U.S. dollar strengthened modestly. Despite the pullback, gold continues to draw...

China to Cut Import Tariffs on Key Commodities and Medical Products From Next Year

China has announced a new round of tariff adjustments set to take effect next year, signaling continued efforts to support domestic industries, enhance supply chains, and promote economic stability. According to a...

European Defense Stocks Slide as Trump Signals Progress in Ukraine-Russia Peace Talks

European defense stocks moved lower on Monday after comments from U.S. President Donald Trump suggested renewed momentum in peace negotiations between Ukraine and Russia, dampening near-term expectations for sustained...

Politics

Russia Accuses Ukraine of Drone Plot Against Putin as Peace Talks Face New Strain

Russia and Ukraine exchanged sharp accusations on Monday after Moscow claimed that Ukraine attempted to attack President Vladimir Putins residence with drones, an allegation Kyiv firmly rejected as false and provocative....

China Conducts Largest-Ever Live-Fire War Games Around Taiwan Amid Rising Cross-Strait Tensions

China has launched 10 hours of live-firing military exercises around Taiwan, marking the second day of what Beijing describes as its largest-ever war games encircling the island. The drills, carried out under the Eastern...

Bukele Signals Willingness to Extend Power as El Salvador’s Term Limits Are Scrapped

El Salvadors President Nayib Bukele has again fueled debate over democracy and constitutional order after stating he would be open to remaining in power for another decade. Bukele, who first took office in 2019 and is...

Lavrov Says Russia Holds Strategic Initiative in Ukraine as Settlement Talks Continue

Russian Foreign Minister Sergei Lavrov has stated that Russia maintains the strategic initiative in Ukraine, emphasizing that Western nations must accept the current battlefield realities as discussions on a potential...

Trump and Netanyahu Diverge on West Bank Policy Amid Rising Tensions

U.S. President Donald Trump acknowledged that he and Israeli Prime Minister Benjamin Netanyahu do not fully agree on the future of the Israeli-occupied West Bank, highlighting ongoing divisions over one of the most...

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

China’s LandSpace Takes Aim at SpaceX With Reusable Rocket Ambitions

Chinas private rocket startup LandSpace is rapidly emerging as a key challenger in the global commercial space race, openly drawing inspiration from Elon Musks SpaceX while reshaping Chinas traditionally state-led space...

China Proposes Stricter Rules for AI Services Offering Emotional Interaction

Chinas top internet regulator has released draft regulations aimed at tightening oversight of artificial intelligence services that simulate human personalities and engage users emotionally, signaling a stronger push to...

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...