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

Become a contributor

Bookmark Econotimes

Business

Tue, Jan 20, 2026 07:51 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Food Delivery via Drones to be Tested in India

Jun 05, 2020 10:32 am UTC| Business Technology

Indias aviation regulator has allowed food delivery firms Dunzo, Swiggy, and Zomato to start testing drones for deliveries beyond the visual line of sight. The three food delivery firms are among the 13 consortia,...

S. Korea to Allow Receipt of Foreign Currencies via Delivery

Jun 05, 2020 05:19 am UTC| Business

South Korea will allow consumers to receive foreign currencies via a delivery service after converting their Korean won through a digital platform. The move is part of the Korean governments efforts to ease regulations...

France Boosts Financial Assistance to Wine Industry

Jun 05, 2020 05:19 am UTC| Economy Business

The French government will provide an additional $34 million aid for the wine industry on top of the $158 million promised on May 11 for crisis distillation and exemption from social security contributions. The $34...

Foreign Pilots of Korean Air, Asiana Remain Under Unpaid Leaves Until July

Jun 05, 2020 05:19 am UTC| Business

Korean Air Lines Co. and Asiana Airlines Inc. will place their foreign pilots under extended unpaid leaves until July due to continuing lockdowns and entry restrictions. Korean Airs 376 foreign pilots were among those...

What We Can Expect From the Gambling Business After Brexit

Jun 05, 2020 04:28 am UTC| Business

Whether youre a Brexiteer or a Remainer, Britains exit from the EU is a reality. And while the topic of #Brexit still draws the ire of many keyboard warriors, there is one industry that has not been widely discussed: the...

What are the pros and cons of private medical care?

Jun 05, 2020 04:25 am UTC| Business

Are you considering investing in private medical care? Trying to weigh up whether its worth it or not? Then youre in the right place. Here, weve listed some of the advantages and disadvantages of private healthcare to help...

Why The New US Gambling Market Has Arrived Just In Time For UK Betting Firms

Jun 04, 2020 13:15 pm UTC| Business

In 2018 the Supreme Court in America introduced a ruling that made it legal to take bets in the States once more. Since then, state by state the market is opening up and many are predicting a gold rush as an estimated $150...

3131 3132 3133 3134 3135 3136 3137 3138 3139 3140

Economy

Gold Price Hits Record High as Geopolitical Tensions Fuel Safe-Haven Demand

Gold prices surged to a fresh record high during Asian trading on Tuesday, extending a powerful rally as investors sought safety amid heightened geopolitical uncertainty and a weaker U.S. dollar. Bullion remained firmly...

Japanese Government Bond Yields Surge to Record Highs Amid Election and Fiscal Fears

Long-dated Japanese government bond (JGB) yields surged to record highs on Tuesday, rattling global fixed-income markets as investors reacted to mounting political and fiscal uncertainty ahead of a potential February...

Asian Currencies Trade Narrowly as Dollar Slips on Trump-Greenland Tensions

Most Asian currencies traded within a tight range on Tuesday, while the U.S. dollar edged lower as renewed geopolitical concerns dampened investor appetite for American assets. Market sentiment turned cautious after U.S....

Australia’s Second-Largest Pension Fund Boosts Currency Hedging Amid Weaker U.S. Dollar Outlook

Australias second-largest pension fund, Australian Retirement Trust (ART), has announced it is reducing its exposure to the U.S. dollar by increasing currency hedging, as global investors reassess their U.S. allocations...

Trump Threatens 200% Tariff on French Wine Over Macron’s Refusal to Join Peace Board

U.S. President Donald Trump has sparked fresh controversy after saying he would impose a 200% tariff on French wines and champagnes, linking the move to French President Emmanuel Macrons refusal to join his proposed Board...

Politics

Supreme Court Tests Federal Reserve Independence Amid Trump’s Bid to Fire Lisa Cook

The U.S. Supreme Court is once again at the center of a high-stakes legal battle with major economic implications, as it considers the legality of President Donald Trumps attempt to fire Federal Reserve Governor Lisa Cook....

Trump Revives Greenland Ownership Push Ahead of World Economic Forum in Davos

U.S. President Donald Trump has once again reignited debate over Greenland, reiterating his long-standing call for American ownership of the Arctic territory just days before attending the World Economic Forum (WEF) in...

Trump Says Greenland Is Key to Global Security After Call With NATO Chief

U.S. President Donald Trump said on Tuesday that he held a very good telephone conversation with NATO Secretary General Mark Rutte, during which they discussed issues of global security, including the strategic importance...

Minnesota U.S. Citizen Detained by ICE in Armed Raid Sparks Outrage and Civil Rights Concerns

A Minnesota mans traumatic encounter with U.S. Immigration and Customs Enforcement has ignited renewed debate over immigration enforcement practices and civil rights under the Trump administration. ChongLy Thao, 56, a...

Russian Drone and Missile Attack Disrupts Power and Water in Kyiv

Russian forces carried out a large-scale combined drone and missile attack on Ukraines capital, Kyiv, early Tuesday, causing significant disruptions to essential infrastructure and injuring at least one person, according...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

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...

Technology

Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10%

Shares of Taiwans Powerchip Semiconductor Manufacturing Corp jumped nearly 10% on Monday following news that U.S. memory chip giant Micron Technology plans to acquire one of Powerchips fabrication facilities in Taiwan,...

Tesla Revives Dojo Supercomputer Project With AI5 Chip at the Core

Tesla Inc (NASDAQ: TSLA) is set to restart development of its next-generation supercomputer, Dojo3, marking a renewed push into artificial intelligence infrastructure. Tesla CEO Elon Musk confirmed on Sunday that work on...

South Korea Seeks Favorable U.S. Tariff Terms on Memory Chip Imports

South Korea is moving to secure favorable treatment from the United States on tariffs affecting memory chip imports, following recent trade actions announced by the U.S. government. A spokesperson from South Koreas...

South Korea Sees Limited Impact From New U.S. Tariffs on Advanced AI Chips

South Koreas trade minister said a newly announced U.S. tariff on certain advanced computing chips is expected to have only a limited short-term impact on South Korean companies, while cautioning that future measures could...

Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains

Elon Musk has escalated his legal battle against OpenAI and Microsoft, seeking up to $134 billion in damages over what he claims are wrongful gains stemming from his early involvement in the artificial intelligence...

Digital Currency