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

Become a contributor

Bookmark Econotimes

Business

Fri, Jan 02, 2026 01:28 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

PepsiCo discontinues production of Pepsi, 7UP in Russia

Sep 21, 2022 09:48 am UTC| Business Economy

PepsiCo Inc. officially halted the production of its carbonated beverage brands, including Pepsi, Mountain Dew, and 7UP, in Russia. The decision came almost six months after the company promised to stop the sales and...

Apple announces price increase for App Store items in Europe, Asia

Sep 21, 2022 09:44 am UTC| Business Economy

Apple Inc. announced on Monday, Sept. 19, that it would implement price increases for items in its App Store. The American tech firm is applying the new rates for purchases in some European and Asian regions starting next...

IMM private equity firm to sell Able C&C’s Missha cosmetic brand

Sep 21, 2022 09:15 am UTC| Business Economy

IMM Private Equity made the decision to sell Missha, a South Korea-based skincare and cosmetics manufacturer owned by Able CC Co. The PEF firm is unloading the brand due to losses as the consumers shift to online shopping...

General Motors, Kroger unveil ‘Trace Grocery’ electric grocery cart

Sep 21, 2022 09:05 am UTC| Business Economy

General Motors BrightDrop and Kroger retail firm have teamed up to improve grocery delivery services. The former is supplying its electric carts called the Trace Grocery to the supermarket chain to make the customer...

Digital Currency Revolution

NFT: PGA TOUR teams up with Tom Brady’s Autograph to create an NFT platform

Sep 21, 2022 08:42 am UTC| Business Digital Currency Investing

PGA TOUR and Autograph signed a multi-year partnership deal to launch a non-fungible token (NFT) platform to let fans own remarkable moments in the history of golf. To put it simply, this collaboration gives new meaning to...

Apple reportedly wants to produce more iPhone 14 Pro because of higher demand than the regular model

Sep 21, 2022 08:14 am UTC| Technology Business

The iPhone 14 series just arrived in stores, but Apple has reportedly updated its production plans already. Analyst Ming-Chi Kuo said the iPhone maker is aiming to ship more iPhone 14 Pro units due to higher demand...

Peloton expands its fitness machine lineup with the introduction of its first rowing machine

Sep 21, 2022 07:51 am UTC| Business Economy

Peloton unveiled its newest fitness equipment, and for the first time, it is selling rowing machines. The company added a line of rowing machines to its product lineup as it works through a restructuring to get back on...

1861 1862 1863 1864 1865 1866 1867 1868 1869 1870

Economy

Gold Prices Surge at Start of 2026 as Weak Dollar and Rate-Cut Bets Fuel Demand

Gold prices jumped sharply during Asian trading on Friday, marking a strong start to 2026 after a historic rally last year. Renewed demand for bullion was driven by a weaker U.S. dollar and growing expectations that U.S....

Asian Currencies Trade Flat as Dollar Weakens in Thin New Year Trading

Most Asian currencies traded near flatline levels on Friday as the U.S. dollar edged lower in thin holiday trading at the start of the new year. Reduced market participation across the region kept trading volumes subdued,...

South Korean Won Slides Despite Government Efforts to Stabilize Currency Markets

South Koreas won weakened on the first trading day of the year, slipping against the U.S. dollar despite renewed commitments from monetary and fiscal authorities to stabilize foreign exchange markets. The move highlights...

Asian Stock Markets Start New Year Higher as Tech and AI Shares Drive Gains

Asian stock markets opened the new year on a positive note on Friday, with technology and semiconductor stocks leading gains across the region, despite subdued trading volumes caused by holiday closures in major markets....

Oil Prices Stabilize at Start of 2026 as OPEC+ Policy and Geopolitical Risks Shape Market Outlook

Oil prices edged slightly higher on Friday, marking a steadier start to 2026 after suffering their steepest annual decline since 2020. Investors are cautiously balancing renewed geopolitical tensions with expectations that...

Politics

Trump Warns U.S. Ready to Act if Iran Kills Protesters Amid Escalating Unrest

U.S. President Donald Trump on Friday issued a strong warning to Iran, saying the United States would intervene if Iranian authorities violently kill peaceful protesters during the countrys growing wave of unrest. In a...

Zohran Mamdani Sworn In as New York City Mayor, Pledges Bold Progressive Agenda

Democrat Zohran Mamdani was officially sworn in as New York Citys mayor on Thursday, marking the beginning of a new political era focused on affordability, social equity, and progressive reform in the nations largest city....

Xi Jinping to Host South Korean President Lee Jae Myung as China Seeks to Strengthen Seoul Ties

Chinese President Xi Jinping is set to host South Korean President Lee Jae Myung on a state visit beginning Sunday, highlighting Beijings strategic push to strengthen relations with Seoul amid heightened regional tensions...

Russia and Ukraine Trade Accusations Over New Year Attacks as Peace Talks Intensify

Russia and Ukraine accused each other of targeting civilians during New Year attacks, as the nearly four-year-old war continues amid renewed diplomatic efforts led by U.S. President Donald Trump. The latest exchange of...

Venezuela Frees More Detainees After 2024 Election Protests Amid Rising U.S. Pressure

Venezuelas government has released 88 additional people who were detained following protests that erupted after the countrys disputed July 2024 presidential election, marking the second large-scale release of detainees in...

Science

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Baidu Shares Surge as Company Plans Kunlunxin AI Chip Spin-Off and Hong Kong Listing

Baidu shares jumped sharply after the Chinese technology giant announced plans to spin off its artificial intelligence chip unit, Kunlunxin, and pursue a listing in Hong Kong. The move comes as domestic Chinese chipmakers...

Starlink Plans Satellite Orbit Reconfiguration in 2026 to Boost Space Safety

SpaceXs Starlink is preparing a major reconfiguration of its satellite constellation in an effort to improve space safety and reduce the risk of orbital collisions. According to Michael Nicolls, SpaceXs vice president of...

Samsung Signals Comeback With HBM4 Chips as AI Market Heats Up

Samsung Electronics is signaling a strong comeback in the high-bandwidth memory (HBM) market, as customers praise the competitiveness of its next-generation HBM4 chips. In a New Year address, co-CEO and head of the...

Google Accelerates AI Infrastructure With Ironwood TPU Expansion in 2026

Google (NASDAQ: GOOGL) is preparing for a major expansion of its AI infrastructure in 2026 as it moves its seventh-generation Tensor Processing Unit (TPU), known as Ironwood, into mass deployment. This next phase marks a...

Trump Administration Lifts Sanctions on Three Intellexa-Linked Executives

The administration of President Donald Trump has lifted U.S. sanctions on three executives previously linked to the controversial spyware consortium Intellexa, according to a notice published on the U.S. Treasury...