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

Become a contributor

Bookmark Econotimes

Economy

Tue, Jan 06, 2026 09:12 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

South Korean startup DECANT turns wine-making by-products into beauty products

Jun 21, 2022 23:36 pm UTC| Nature Economy Business

South Korean startup DECANT has succeeded in bio-recycling tens of millions of tons of wine-making by-products that were being wasted annually into high-value-added beauty products. Using green decanting technology, the...

Atletico Madrid makes considerable progress with various brands in stadium naming rights search

Jun 21, 2022 23:32 pm UTC| Sports Economy Business

Spanish soccer giants Atletico Madrid made considerable progress with various brands over a new naming rights partnership for the clubs stadium, with financial services company Allianz among the brands linked to a...

Digital Currency Revolution

S. Korea's high court overturns guilty verdict of man in ‘wrongly-sent’ bitcoins case

Jun 21, 2022 23:27 pm UTC| Law Digital Currency Economy Business

The South Korean Supreme Court overturned the guilty verdict against a 32-year-old man in a breach of trust charge for keeping bitcoins inadvertently sent to him due to misinterpretations of the principles of law. The...

Is a major recession unavoidable? Three economists give their views

Jun 21, 2022 22:54 pm UTC| Economy

We are in a double bind right now. Prices are going through the roof but all the signs suggest that the economy is weakening. The answer to higher prices is normally to raise interest rates, but this also induces people...

Central Banking Series

The latest Bank of England rate rise won't do much to tackle inflation - here's what could work

Jun 21, 2022 22:54 pm UTC| Economy Central Banks

There wasnt much dramatic tension as markets waited for the Bank of Englands latest decision on interest rates. The fifth monthly quarter-point hike in a row was largely expected, taking the base rate to 1.25% in June...

What's driving the surge in South Africa's fuel price

Jun 21, 2022 22:52 pm UTC| Economy

Increases in the domestic price of fuel are big news in South Africa, with the price of petrol, diesel and paraffin reaching new highs. The underlying reason for the price increases is movements in the international price...

In an energy crisis, every watt counts. So yes, turning off your dishwasher can make a difference

Jun 21, 2022 22:34 pm UTC| Economy

Australias east coast energy market has been on a rocky road for the past few weeks. It begs the question: how could the market change to avoid the next crisis? To date, discussion has largely focused on the need to...

1331 1332 1333 1334 1335 1336 1337 1338 1339 1340

Economy

Philippine Central Bank Signals Steady Interest Rates as Inflation Rises and Growth Slows

The Bangko Sentral ng Pilipinas (BSP) is expected to keep interest rates at their current levels after inflation accelerated in December while economic growth showed signs of slowing, according to BSP Governor Eli...

Asian Stock Markets Rally as Japan Hits Record Highs on Chip and AI Optimism

Asian stock markets mostly advanced on Tuesday, extending a strong regional rally driven by gains in technology and semiconductor stocks, with Japanese equities leading the surge. Japans TOPIX index climbed 1.5% to a fresh...

Oil Prices Edge Lower as Markets Weigh Venezuela Turmoil and Supply Outlook

Oil prices dipped slightly in Asian trading on Tuesday as market volatility eased and investors assessed the implications of the United States dramatic capture of Venezuelan President Nicolas Maduro. While crude prices...

Asian Currencies Hold Steady as Yen Gains on BOJ Signals and Dollar Volatility Eases

Most Asian currencies traded within a narrow range on Tuesday, reflecting a cautious market mood as investors awaited key economic data from the United States and Asia. The Japanese yen remained one of the notable movers,...

UK Retail Prices Rise as Cost Pressures Threaten Further Increases in 2026

British retail prices rose at a faster pace last month, and retailers may find it difficult to prevent further price increases in 2026 as cost pressures continue to build, according to the British Retail Consortium (BRC)....

Politics

Maria Corina Machado Says She Has Not Spoken to Donald Trump Since October Amid Venezuela Crisis

Venezuelan opposition leader and Nobel Peace Prize laureate Maria Corina Machado said on Monday that she has not spoken with U.S. President Donald Trump since October, addressing speculation about her relationship with...

UN Warns of Venezuela Instability After U.S. Capture of President Nicolas Maduro

The United Nations has raised serious concerns over growing instability in Venezuela following the United States capture of President Nicolas Maduro, an operation that has sparked sharp debate at the U.N. Security Council...

Trump Administration Denies Nation-Building Plans After Venezuela Military Operation

Republican lawmakers said President Donald Trump does not intend to occupy or engage in nation-building in Venezuela, following a classified congressional briefing on U.S. policy toward the South American country. The...

Israeli Military Launches Strikes in Lebanon Amid Ceasefire Tensions

The Israeli military on Monday launched a series of airstrikes in Lebanon, targeting what it described as Hezbollah and Hamas positions, escalating tensions despite an existing ceasefire agreement. The strikes followed...

Nicolas Maduro Pleads Not Guilty in U.S. Court After Dramatic Arrest Ordered by Trump

Former Venezuelan President Nicolas Maduro pleaded not guilty on Monday in a Manhattan federal court after a dramatic U.S. military operation ordered by President Donald Trump led to his capture, sending shockwaves through...

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

AMD Unveils Next-Generation AI and PC Chips at CES, Highlights Major OpenAI Partnership

Advanced Micro Devices (NASDAQ: AMD) took center stage at CES in Las Vegas as CEO Lisa Su unveiled a powerful new lineup of PC and artificial intelligence processors, signaling the companys aggressive push into the...

Intel Unveils Panther Lake AI Laptop Chips at CES 2025, Marking Major 18A Manufacturing Milestone

Intel has officially launched Panther Lake, its next-generation AI chip for laptops, at the CES 2025 trade show in Las Vegas, signaling a critical step in the companys turnaround strategy and its push to regain market...

Mercedes-Benz to Launch Advanced Urban Self-Driving System in the U.S., Challenging Tesla FSD

Mercedes-Benz announced on Monday that it will introduce a new advanced driver-assistance system in the United States later this year, marking a major step forward in autonomous driving technology. The system, called...

Dell Revives XPS Laptop Lineup With New XPS 14 and XPS 16 to Boost Premium PC Demand

Dell has officially revived its popular XPS laptop lineup, marking a strategic reversal just a year after retiring the premium brand. The move comes as the company seeks to stimulate demand in a sluggish global personal...

BTIG Initiates Buy on SoftBank as AI and Robotics Strategy Gains Momentum

BTIG has initiated coverage of SoftBank Group Corp. (TYO:9984) with a Buy rating, citing the Japanese investment conglomerates strong positioning at the intersection of artificial intelligence and robotics. The brokerage...