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

Become a contributor

Bookmark Econotimes

Business

Mon, May 18, 2026 10:39 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Sonova Beats Profit Forecasts Despite Cochlear Implant Weakness

May 18, 2026 06:54 am UTC| Business

Sonova Holding AG (OTC: SONVY) reported stronger-than-expected earnings for fiscal 2025-26, posting normalized EBITA of CHF 811.2 million, above analyst expectations of CHF 780.8 million. The Swiss hearing solutions...

Thyssenkrupp to Shut Down Indiana Automotive Plant by March 2026

May 18, 2026 06:50 am UTC| Business

German industrial giant Thyssenkrupp AG announced plans to close its automotive production facility in Terre Haute, Indiana, by the end of March 2026 as part of a broader restructuring strategy for its automotive division....

Anthropic to Brief Financial Stability Board on AI-Driven Cyber Risks

May 18, 2026 04:58 am UTC| Business Technology

Artificial intelligence startup Anthropic is preparing to discuss potential cyber vulnerabilities in the global financial system linked to its latest AI model, Mythos, with members of the Financial Stability Board (FSB),...

TSMC Stake Sale Sends Vanguard Semiconductor Shares Lower

May 18, 2026 04:51 am UTC| Business Technology

Shares of Vanguard International Semiconductor (TWO:5347) dropped sharply on Monday after Taiwan Semiconductor Manufacturing Company (TSMC) announced plans to reduce its ownership stake in the chipmaker. Vanguard shares...

CXMT Forecasts Record Revenue Growth as Global DRAM Prices Surge

May 18, 2026 03:00 am UTC| Business Technology

Changxin Memory Technologies (CXMT), Chinas leading memory chip manufacturer, expects first-half revenue to climb between 110 billion yuan and 120 billion yuan ($17.62 billion), according to its updated IPO prospectus. The...

Elliott Targets Bio-Rad as Shares Continue to Struggle

May 18, 2026 02:39 am UTC| Business

Activist investor Elliott Investment Management has reportedly built a significant stake in Bio-Rad Laboratories Inc. (NYSE: BIO), according to a Wall Street Journal report published Sunday. The hedge fund is expected to...

Standard Chartered Appoints Manus Costello as New CFO Amid Leadership Reshuffle

May 18, 2026 02:22 am UTC| Business

Standard Chartered (LON: STAN) has announced the appointment of Manus Costello as its new group chief financial officer as the Asia-focused banking giant moves to strengthen its leadership team and accelerate long-term...

1 2 3 4 5 6 7 8 9 10

Economy

Bessent Urges G7 to Strengthen Iran Sanctions Amid U.S.-China Talks

U.S. Treasury Secretary Scott Bessent announced on Monday that he plans to encourage G7 finance ministers to strengthen and maintain a coordinated sanctions regime aimed at cutting off funding tied to Irans military...

ECB’s Nagel Says Central Banks Can Do More to Support Markets Amid Inflation Concerns

Joachim Nagel, head of Germanys central bank, said on Monday that global central banks still have significant tools available to stabilize financial markets and restore investor confidence. Speaking ahead of a Group of...

Dollar Holds Strong as Iran Conflict and China Slowdown Shake Global Markets

The U.S. dollar eased slightly on Monday after posting strong gains last week, as investors continued to react to rising geopolitical tensions in the Middle East and concerns over inflation. Despite the minor decline, the...

Global Companies Face $25 Billion Blow From U.S.-Israel Iran Conflict

The ongoing U.S.-Israeli conflict with Iran has already inflicted more than $25 billion in losses on companies worldwide, with costs expected to rise further as energy prices surge and supply chains remain disrupted. A...

Thailand Economy Grows 2.8% in Q1 2026, Beating Market Expectations

Thailands economy recorded stronger-than-expected growth in the first quarter of 2026, supported by higher government spending, rising investment, and solid export performance. Official data released Monday by the National...

Politics

Rick Fox Appointed to Bahamian Senate After Election Loss

Former NBA champion Rick Fox has officially joined the Bahamian Senate after being appointed by the opposition Free National Movement (FNM). The announcement came shortly after Fox failed in his campaign to secure a seat...

Trump-Backed “Rededicate 250” Event Sparks Debate Over Religion and Politics in America

A major faith-based event supported by the Trump administration drew thousands of attendees on Sunday, celebrating Americas religious heritage while also triggering criticism over church-state separation and lack of...

Samsung Faces Major Strike Threat as Union Restarts Pay Talks

Samsung Electronics and its South Korean labor union resumed government-mediated wage negotiations on Monday in an effort to prevent a large-scale strike that could disrupt the global semiconductor supply chain. The...

G7 Finance Ministers Meet in Paris Amid Global Trade and Economic Tensions

Finance ministers from the G7 nations gathered in Paris on Monday to address rising global economic tensions, supply chain risks, and critical mineral dependence as geopolitical divisions continue to challenge the groups...

Cuba Denies U.S. Drone Threat Claims Amid Rising Tensions

Cuban Foreign Minister Bruno Rodriguez has rejected accusations that Cuba is preparing military aggression against the United States, calling the allegations a fraudulent case designed to justify tougher economic sanctions...

Science

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

Anthropic to Brief Financial Stability Board on AI-Driven Cyber Risks

TSMC Stake Sale Sends Vanguard Semiconductor Shares Lower

CXMT Forecasts Record Revenue Growth as Global DRAM Prices Surge

China vs U.S. AI Race Shifts Toward Robotics and Manufacturing Power in 2026

The global competition for artificial intelligence dominance is no longer driven solely by computing power and advanced chips. A new Alpine Macro report released on May 12, 2026, argues that industrial scale, manufacturing...

Samsung Union Talks Enter Final Stage as Strike Threat Looms

Samsung Electronics and its largest labor union are set to resume critical wage negotiations on Monday as both sides race to prevent a major strike that could disrupt South Koreas economy and global semiconductor supply...