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

Become a contributor

Bookmark Econotimes

Business

Fri, Apr 17, 2026 11:31 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Pfizer Settles Antitrust Claims for $93 Million

Feb 15, 2024 08:51 am UTC| Business Law

Pfizer, the pharmaceutical giant, has agreed to pay $93 million to settle antitrust claims made by wholesale drug distributors. The distributors accused Pfizer of collaborating with Indias Ranbaxy Laboratories to delay the...

Reliance Industries in Talks to Acquire Stake in Tata Play from Disney

Feb 15, 2024 08:30 am UTC| Business

According to sources familiar with the matter, Reliance Industries (RIL), owned by Mukesh Ambani, is reportedly discussing acquiring a 29.8% stake in Tata Play from the Walt Disney Company. Currently, Tata Sons, the...

Digital Currency Revolution

Asian Stocks Recover Alongside Wall Street Price Hike

Feb 15, 2024 07:03 am UTC| Digital Currency Business

Shares surged in Asia on Thursday following the recovery of Wall Street stocks, which regained much of their sharp losses from the previous day. While oil prices experienced a decline, benchmarks in most major markets...

Facebook, YouTube, TikTok, Face Lawsuit Filed by New York City Over Youth Mental Health

Feb 15, 2024 06:45 am UTC| Business

New York City has sued leading social media platforms as it alleged that they harm the mental health of the children. The state said in the lawsuit that Facebook, TikTok, YouTube, Snapchat, and Instagram are damaging the...

Adidas Unveils Inspiring 'You Got This' Campaign to Tackle Performance Pressure

Feb 15, 2024 06:36 am UTC| Business Sports

Adidas, the renowned athletic shoes and apparel brand, recently introduced its latest campaign, You Got This. This initiative aims to address the negative impact of pressure on athletes performance, offering support and...

Legendary BMW Dealer in Korea Poised to Achieve Another Milestone

Feb 15, 2024 06:13 am UTC| Business

Koo Seung-hoe, an executive at Kolon Motors, is making waves in the Korean automotive industry with his outstanding sales performance. Having recently become the dealerships first-ever executive, Koo has proven himself a...

Financial sanctions: banks’ reactions depend on their location, research reveals

Feb 15, 2024 06:06 am UTC| Insights & Views Business

Individual states and intergovernmental organisations increasingly use financial sanctions to punish or influence the behaviour of targeted entities. However, our latest research shows that even universally adopted...

1151 1152 1153 1154 1155 1156 1157 1158 1159 1160

Economy

Asian Currencies Hold Steady Amid Iran Peace Talks and BOJ Rate Hike Uncertainty

Asian currencies traded in a narrow range on Friday as investors remained cautious ahead of further U.S.-Iran peace negotiations, while the Japanese yen slipped after the Bank of Japans governor signaled little urgency to...

South Korea's Capital Markets Rebound as Foreign Investors Return

South Koreas financial markets are staging a powerful comeback, drawing foreign investors back after a turbulent March that saw billions in capital flee. A combination of easing Middle East tensions, surging demand for AI...

U.S. and Philippines to Build 4,000-Acre Tech Hub Under Pax Silica Initiative

The United States and the Philippines are set to develop a massive 4,000-acre (1,620 hectares) industrial hub as part of a growing Washington-led effort to secure global AI and semiconductor supply chains. The announcement...

Singapore's Non-Oil Domestic Exports Surge 15.3% in March 2026 on AI Demand

Singapores non-oil domestic exports (NODX) posted a remarkable 15.3% year-on-year increase in March 2026, marking the seventh consecutive month of growth, according to Enterprise Singapore. The strong performance was...

Japan Eyes Private Credit as Key Pillar in New Financial Strategy

Japans financial regulator is positioning private credit as a cornerstone of its emerging national financial strategy, responding to surging corporate funding demand driven by record-breaking merger and acquisition...

Politics

House Republicans Near Deal on FISA Extension with Limited Reforms

Republican House leadership is reportedly moving closer to reaching an agreement on extending the Foreign Intelligence Surveillance Act (FISA), with a package of modest reforms attached. According to Politico, four...

Ukraine's Svyrydenko Returns from U.S. With Renewed Support and Diplomatic Momentum

Ukrainian Prime Minister Yulia Svyrydenko wrapped up a productive two-day visit to Washington, D.C., expressing confidence in U.S. support following high-level talks with Treasury Secretary Scott Bessent and other senior...

South Korea Denies U.S. Intelligence Restrictions Over North Korea Nuclear Site Disclosure

South Koreas Unification Ministry pushed back Friday against reports that Washington had expressed displeasure and threatened to limit intelligence sharing after a South Korean minister publicly identified a previously...

China Navigates Diplomatic Tightrope Between Iran Peace Efforts and Trump Summit

China is intensifying its push to end the Iran war while carefully balancing its relationship with Tehran ahead of a pivotal summit between President Xi Jinping and U.S. President Donald Trump scheduled for mid-May. As the...

Myanmar Grants Amnesty to Over 4,000 Prisoners Under New President Min Aung Hlaing

Myanmars newly elected President Min Aung Hlaing has approved the release of 4,335 prisoners, according to state broadcaster MRTV, marking the third amnesty issued in the country within six months. The announcement did not...

Science

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...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...

NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers

NiSource, a U.S. utility company, has secured a long-term energy supply agreement with an Alphabet subsidiary to power a major data center in northern Indiana. The announcement also included an expanded partnership with...

TSMC Posts Record Q1 Profit Fueled by AI Chip Demand

Taiwan Semiconductor Manufacturing Company (NYSE: TSM), the worlds largest contract chipmaker, delivered a record-breaking first-quarter profit in 2026, surpassing analyst expectations as artificial intelligence continues...