Menu

Search

Hyundai’s Genesis Motor Teams Up With F1 Legend Jacky Ickx

Feb 08, 2024 08:00 am UTC| Business

Genesis Motor LLC, the luxury vehicle manufacturing division of the Hyundai Motor Group, announced it has teamed up with the 79-year-old Formula 1 legend Jacky Ickx. The Iconic figure in the international racing scene has...

Microsoft Partners with Sarvam AI to Support Voice-based Generative AI Applications

Feb 08, 2024 07:32 am UTC| Business Technology

Microsoft has announced a collaboration with Indian startup Sarvam AI to facilitate the development of voice-based generative artificial intelligence (AI) applications. The partnership aims to support the creation of genAI...

Apollo Global Management in Talks to Acquire Stake in Starbucks Franchise

Feb 08, 2024 06:56 am UTC| Business

U.S. private equity firm Apollo Global Management Inc. is in discussions to purchase a minority stake in the Middle East, North Africa, and Central Asia Starbucks franchise operated by Kuwaits AlShaya Group. The...

Lotte Rental, KB Capital Signs MOU for Car Rental Business

Feb 08, 2024 06:13 am UTC| Business

Lotte Rental Co. and KB Capital have signed a memorandum of understanding (MOU) to collaborate on the car rental business. This partnership is a strategic move for both companies, as it will strengthen their respective...

Digital Currency Revolution

TradeStation Crypto Settles Charges, Agrees to Pay $4.5 Million

Feb 08, 2024 05:58 am UTC| Business Digital Currency Law

Cryptocurrency platform TradeStation Crypto has agreed to pay a total of $4.5 million to settle charges brought by the U.S. securities regulator and multiple states. The charges were related to the offering and sale of...

Warner Music to Layoff 600, Mulls Sale of Uproxx, HipHopDX

Feb 08, 2024 04:27 am UTC| Business

Warner Music Group Corp. is set to terminate 10% of its workforce, translating to 600 employees. The company confirmed the new layoffs on Wednesday, Feb. 7. According to Bloomberg, Warner Music Group said the money it...

OpenAI Developing Agent Software to Automate Complex Tasks

Feb 08, 2024 04:05 am UTC| Business Technology

Microsoft-backed OpenAI is reportedly developing cutting-edge agent software to automate complex tasks by seamlessly controlling users devices. OpenAIs agent software aims to handle a wide range of web-based tasks,...

  1161 1162 1163 1164 1165 1166 1167 1168 1169 1170   

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

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 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...
  • Market Data
Close

Welcome to EconoTimes

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