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

Become a contributor

Bookmark Econotimes

Business

Sun, Dec 21, 2025 02:48 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Siemens Beats Q2 Forecasts, Reaffirms 2024 Outlook Amid Economic Uncertainty

May 15, 2025 05:13 am UTC| Business

Siemens (ETR:SIEGn) exceeded expectations in its fiscal second quarter, reporting a 29% jump in industrial profit to 3.24 billion ($3.63 billion), surpassing analyst estimates of 2.75 billion. The performance was bolstered...

Nissan’s New CEO Faces Steep Road Ahead Amid Sales Slump and Tariffs

May 15, 2025 05:10 am UTC| Business

Nissans new CEO, Ivan Espinosa, is facing mounting pressure to revive the struggling Japanese automaker amid falling global sales, rising tariffs, and growing competition. Since 2017, Nissans global sales have dropped 42%,...

Tencent Stock Target Raised After AI-Driven Q1 Earnings Beat

May 15, 2025 05:09 am UTC| Business Technology

Tencent Holdings Ltd (HK:0700) received multiple price target upgrades after reporting strong Q1 earnings that exceeded analyst expectations, fueled by artificial intelligence advancements in its advertising and gaming...

Boeing Faces DOJ Meeting Over 737 MAX Crashes Ahead of June Trial

May 15, 2025 05:02 am UTC| Business Law

The U.S. Department of Justice will meet virtually with families of victims from two Boeing 737 MAX crashes on Friday, ahead of a high-profile trial set for June 23. The crashes in 2018 and 2019 killed 346 people and led...

Starbucks Considers Stake Sale in China Amid Strategic Review

May 15, 2025 04:58 am UTC| Business

Starbucks is reportedly exploring strategic options for its China operations, including a potential stake sale, according to Bloomberg News. The global coffee giant has reached out to private equity firms, technology...

Halloween Decor Exporters in China Face Challenges Despite US Tariff Truce

May 15, 2025 04:47 am UTC| Business Economy

A temporary tariff truce between the U.S. and China has sparked cautious optimism among Chinese manufacturers, but for Halloween decoration exporters in Yiwu, Zhejiang province, the damage may already be done. U.S. tariffs...

Treasury Wine Estates Appoints Sam Fischer as New CEO Starting October 2025

May 15, 2025 03:59 am UTC| Business

Treasury Wine Estates (ASX:TWE) has announced the appointment of Sam Fischer as its new Chief Executive Officer, effective October 2025. Fischer will succeed current CEO Tim Ford, who is stepping down after leading the...

231 232 233 234 235 236 237 238 239 240

Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

Russian stocks finished mixed after the close of trading in Moscow on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Market sentiment remained cautious as gains in select energy and utility...

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

Ukraine welcomed a major European Union decision on Friday to provide 90 billion in financial support over the next two years, a move Kyiv says will significantly strengthen its economic resilience amid the ongoing war...

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

Politics

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

Australia marked a national day of reflection on Sunday to honour the victims of a deadly gun attack that struck a Hanukkah celebration at Sydneys Bondi Beach a week earlier, killing 15 people and injuring dozens more. The...

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

The Venezuelan government has strongly condemned the seizure of a new oil tanker near its coast, accusing the United States of committing what it described as a serious act of international piracy. In an official statement...

Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

Tens of thousands of Bangladeshis gathered in Dhaka on Saturday to attend the funeral of Sharif Osman Hadi, a slain youth leader and election candidate whose killing has intensified political unrest ahead of the countrys...

U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

The United States has intercepted an oil tanker in international waters near Venezuela, intensifying tensions just days after President Donald Trump announced a total and complete blockade of sanctioned oil shipments...

Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

Alphabets Google and Apple have advised certain employees working in the United States on temporary visas to avoid international travel, as visa stamping delays at U.S. embassies and consulates can now stretch up to 12...

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

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...