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

Become a contributor

Bookmark Econotimes

Economy

Wed, Jan 14, 2026 03:55 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

S. Korea's Bhc Chicken expands in North America

Feb 20, 2023 23:20 pm UTC| Economy Business Life

Bhc Group, South Koreas largest chicken franchise by sales, has opened its first restaurant in North America as part of its overseas expansion. Located on Fairfax Avenue in Los Angeles, the new Bhc Chicken restaurant...

BMW Korea's former chief elected as ADeKo board chair

Feb 20, 2023 10:20 am UTC| Business Economy

A former BMW Group Korea CEO, Kim Hyo Joon, has been picked to lead the ADeKo Network or Alumninetzwerk Deutschland-Korea. It is a network of South Koreans who have studied in Germany. The group announced on Sunday,...

Tesla mulls acquisition of Sigma Lithium mining company

Feb 20, 2023 08:46 am UTC| Business Economy

Tesla, an auto company known for its electric vehicles, is reportedly considering the acquisition of Sigma Lithium Corp., a Vancouver, Canada-based lithium mining firm. It is said to be one of the many mining options that...

PepsiCo recalls Starbucks Frappuccino due to foreign objects in RTD bottles

Feb 20, 2023 07:53 am UTC| Business Economy

PepsiCo Inc. issued a recall for Starbucks Frappuccino coffee drink bottles. The beverage manufacturer wants more than 25,000 cases of the frappuccino in bottles back after foreign objects were detected in the...

Temu surpasses Amazon, Walmart, Target as most downloaded app in US

Feb 19, 2023 23:53 pm UTC| Technology Life Economy Business

Boston-based Temu, a new online retailer linked to Pinduoduo, has quickly surpassed Amazon and Walmart as the most downloaded app in the United States. Temu, which shares the same owner as Chinese social commerce giant...

Cuervo maker Becle expects more tequila sales in US, Canada this year

Feb 19, 2023 23:50 pm UTC| Economy Business Life

Mexican distiller Becle, Jose Cuervos parent company, forecasts further sales growth in 2023, with an expected increase by mid single-digit in the volume of spirits sold across North America. Total sales to grow by high...

Adidas' profit warning leads to Moody's credit rating cut to A3

Feb 19, 2023 23:47 pm UTC| Sports Life Economy Business

Moodys dowgraded Adidas long-term issuer rating from A2 to A3 due to the companys recent profit warning. Theres a possibility of a further downgrade as it maintained a negative outlook on the sportswear maker. On...

1011 1012 1013 1014 1015 1016 1017 1018 1019 1020

Economy

Jefferies Sees Further Upside for Chinese AI Stocks as Valuation Gap Narrows

Jefferies has expressed a bullish outlook on Chinese artificial intelligence stocks, saying the sector still has significant upside potential as the valuation gap with U.S. AI peers continues to narrow. In a recent...

Trump Signals Confidence China Could Open Markets to U.S. Goods Amid Rising Global Tensions

U.S. President Donald Trump said on Tuesday that he believes China could eventually open its markets wider to American goods, once again emphasizing what he described as a strong personal relationship with Chinese...

Japanese Manufacturers’ Confidence Slips to Six-Month Low as Global Demand Weakens

Japanese manufacturers confidence fell to its lowest level in six months in January, reflecting growing concerns over weakening global demand, particularly in major economies such as China and the United States. According...

Amazon Reviews Supplier Costs as U.S.–China Tariffs Ease

Amazon has confirmed that it is in discussions with some of its vendors about adjusting product costs following a recent reduction in U.S. tariff rates on Chinese imports, a move that could influence pricing across its...

Oil Prices Slip After Rally as Markets Weigh Iran Supply Risks and Rising U.S. Inventories

Oil prices edged lower in Asian trading on Wednesday after climbing to multi-week highs in the previous session, as investors balanced geopolitical supply concerns against fresh data showing a sharp increase in U.S. crude...

Politics

Trump Administration Approves Nvidia H200 AI Chip Sales to China Under New Export Rules

The Trump administration has officially approved the sale of Nvidias H200 artificial intelligence chips to China, marking a major shift in U.S. export policy and reigniting debate over national security and global AI...

Congress Seen as Check on Trump Policies, But Markets Face Rising Volatility, Says BCA Research

Congress is expected to restrain President Donald Trumps most aggressive policy initiatives, but financial markets should prepare for heightened volatility as he tests those boundaries, according to a recent analysis from...

Trump Responds to Criticism at Michigan Auto Plant as Epstein Controversy Resurfaces

U.S. President Donald Trump sparked fresh controversy during a visit to a Michigan auto plant after video footage circulated online showing him making an obscene hand gesture and appearing to direct profanity toward a...

Trump Urges Iranian Protests as Tehran Accuses U.S. of Destabilization

U.S. President Donald Trump has publicly urged Iranians to continue nationwide protests, escalating tensions as Irans leadership intensifies a crackdown on what are described as the largest demonstrations in years. In a...

U.S. Issues Urgent Advisory Urging Americans to Leave Iran Amid Protests

The United States government has issued an urgent travel advisory calling on American citizens to leave Iran immediately, citing growing security risks as large-scale anti-government protests spread across the country. The...

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

Alphabet Stock Poised for Growth as Bank of America Sees Strong AI Momentum Into 2026

Bank of America has reinforced its bullish outlook on Alphabet, citing improving artificial intelligence sentiment and a strengthening competitive position that could drive the company toward becoming the worlds most...

AFT Leaves X Over AI-Generated Images of Minors

The American Federation of Teachers (AFT), one of the largest teachers unions in the United States, has announced it is leaving the social media platform X, citing serious concerns over the creation and spread of...

Nvidia Denies Upfront Payment Requirement for H200 AI Chips Amid China Export Scrutiny

Nvidia has denied claims that it requires full upfront payments for its H200 artificial intelligence chips, pushing back against reports suggesting unusually strict sales terms for Chinese customers. In a statement issued...

Trump Pushes Tech Giants to Absorb AI Data Center Power Costs, Citing Microsoft Changes

U.S. President Donald Trump said Monday evening that his administration is working closely with major American technology companies to prevent the rising electricity costs of AI data centers from increasing household...

SK Hynix to Invest $13 Billion in Advanced Chip Packaging Plant as AI Memory Demand Surges

SK Hynix Inc, a key supplier to Nvidia and one of the worlds largest memory chipmakers, announced plans to invest 19 trillion won (approximately $13 billion) to build a cutting-edge chip packaging plant in South Korea,...