Menu

Search

Beyond Meat unveils new vegan chicken tenders in the US

Jul 09, 2021 09:00 am UTC| Business Economy

Beyond Meat launched a new meatless product, and it is the chicken option for its range of plant-based meat products. On Thursday, July 8, the company announced it has released its meat-free chicken tenders in the United...

Hyundai halting its plant operations in S. Korea to prepare for EV production

Jul 09, 2021 08:47 am UTC| Business Economy

Hyundai Motor Co. revealed on Friday, July 9, that it had ceased operations in seven of its plants in South Korea. The automaker announced that it would be suspending the production of electric vehicles in these factories...

Posco Chemical investing over $500 million for new cathode plant in Pohang

Jul 09, 2021 08:01 am UTC| Business Economy

Posco Chemical is looking to build a new cathode factory that will rise in Pohang, North Gyeongsang province. Once completed, the plant is expected to produce 60,000 metric tons of cathode per year. As per The Korea...

Hyundai Motor: Union threatening to go on strike as pay negotiations failed

Jul 09, 2021 06:50 am UTC| Business Economy

Hyundai Motor may experience its very first company strike in three years as its negotiation with union workers has failed. The employees are asking for better pay as well as an extension for the retirement age, but the...

BMW, Volkswagen, Audi fined $1B by EU over emissions cartel

Jul 09, 2021 05:59 am UTC| Business Economy

BMW and Volkswagen are said to have been fined by the European Commission for conspiring to stop using the emissions cleaning technology they developed. Based on the reports, the German automakers had to pay $1 billion or...

Burger King president leaves as company lags behind rivals

Jul 09, 2021 01:06 am UTC| Business Economy

Burger King was belatedly reported to have lost its president, Chris Finazzo. He was said to have left the company a while ago. The departure of Burger King Americas president was only revealed through a federal filing...

Japan's Z Holdings to pay $1.6 billion for Yahoo brand

Jul 08, 2021 23:52 pm UTC| Economy Business

Z Holdings Inc agreed to buy the rights to the Yahoo name in Japan $1.6 billion to replace an existing licensing agreement. The deal follows the $5 billion sales of Verizon Communications Inc.s media division, which...

  1761 1762 1763 1764 1765 1766 1767 1768 1769 1770   

Economy

Forex Markets Hold Steady as Traders Await Fed Minutes Amid Thin Year-End Volumes

Major currencies traded within narrow ranges on Tuesday as subdued market conditions persisted amid thin year-end trading volumes. With many investors already sidelined ahead of the New Year holiday, activity across global...

Gold Prices Rebound in Europe as Geopolitical Tensions and Fed Outlook Support Bullion

Gold prices rose in European trading on Tuesday, rebounding after a sharp pullback from near record highs in the previous session, as year-end profit-taking eased and renewed geopolitical tensions boosted safe-haven...

Asian Markets Slip as Precious Metals Cool, Geopolitical Tensions Weigh on Sentiment

Asian stock markets edged lower on Tuesday, tracking losses on Wall Street as a pullback in technology shares dampened investor sentiment. Market liquidity remained thin due to a holiday-shortened trading week,...

South Korea Factory Output Misses Forecasts in November Amid Ongoing Economic Uncertainty

South Koreas factory output showed weaker-than-expected performance in November, highlighting continued uncertainty in the countrys industrial sector as global demand remains uneven. According to official data released...

Oil Prices Slip Slightly as Markets Weigh Geopolitical Risks and Supply Glut Concerns

Oil prices edged lower in early Tuesday trading after posting gains of more than 2% in the previous session, as commodity markets reacted to weakness in precious metals while remaining sensitive to escalating geopolitical...

Politics

Kremlin Says Ukrainian Drone Attack Hardens Russia’s Stance on Peace Talks

The Kremlin said on Tuesday that an alleged Ukrainian drone attack targeting a presidential residence in Russias Novgorod region would harden Moscows negotiating position on any potential peace deal to end the war in...

Najib Razak Files Appeal Against Latest 1MDB Corruption Conviction and 15-Year Sentence

Former Malaysian prime minister Najib Razak has filed an appeal against his latest corruption conviction linked to the multibillion-dollar 1MDB scandal, his lawyer confirmed on Tuesday. The appeal challenges both the...

Jazz Ensemble Cancels Kennedy Center New Year’s Eve Shows After Trump Renaming Sparks Backlash

A renowned veteran jazz group has become the latest artist to withdraw from performances at Washingtons Kennedy Center following its controversial renaming to include U.S. President Donald Trump. On Monday, the Cookers...

Boeing Secures $8.6 Billion Pentagon Contract for F-15 Jets for Israel

Boeing has been awarded an $8.6 billion defense contract by the United States Department of Defense for the F-15 Israel Program, marking one of the most significant recent foreign military sales agreements between...

U.S. Government Agrees to Review Frozen NIH Diversity Research Grants After Legal Challenge

The Trump administration has reached an agreement with researchers and Democratic-led states who filed a lawsuit over cuts to diversity-related research funding at the National Institutes of Health (NIH). The deal,...

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

Samsung Electronics Secures Annual U.S. Licence for China Chip Equipment Imports in 2026

Samsung Electronics has obtained an annual licence from the United States government that allows the South Korean technology giant to import critical semiconductor manufacturing equipment into its China-based facilities...

Applied Digital Stock Rises on AI Cloud Spinoff Plan and ChronoScale Launch

Applied Digital (NASDAQ: APLD) shares climbed about 1.2% in after-hours trading on Monday after the company announced a proposed business combination designed to spin off its cloud computing operations into a new,...

Meta Acquires AI Startup Manus to Expand Advanced AI Capabilities Across Platforms

Meta has announced that it will acquire Manus, a Chinese artificial intelligence startup, marking another significant step in the companys aggressive push to expand its AI capabilities across both consumer and business...

China’s LandSpace Takes Aim at SpaceX With Reusable Rocket Ambitions

Chinas private rocket startup LandSpace is rapidly emerging as a key challenger in the global commercial space race, openly drawing inspiration from Elon Musks SpaceX while reshaping Chinas traditionally state-led space...

China Proposes Stricter Rules for AI Services Offering Emotional Interaction

Chinas top internet regulator has released draft regulations aimed at tightening oversight of artificial intelligence services that simulate human personalities and engage users emotionally, signaling a stronger push to...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.