Menu

Search

Toyota's Daihatsu Suspends Shipments Amid Escalating Safety Cheating Scandal

Dec 21, 2023 09:19 am UTC| Business

Daihatsu, a car manufacturing subsidiary of Toyota Motor, is halting all its vehicle shipments due to the safety cheating scandal that it is currently facing. The company made this decision as the issue is already...

Digital Currency Revolution

Ripple Secures Central Bank of Ireland’s Approval for Digital Asset Service Operations

Dec 21, 2023 08:27 am UTC| Business Digital Currency Investing

Ripple Labs, Inc. managed to get the approval of the Central Bank of Ireland so it can legally offer its services as it operates as a digital asset service provider in Ireland. With authorization from the Irish monetary...

Mango Plans to Open 500 Stores by 2026, Targets the United States for Expansion

Dec 21, 2023 08:07 am UTC| Business

Barcelona-based fashion brand Mango has announced an ambitious strategic plan to solidify its position in the global market. The company aims to open approximately 500 stores by 2026, taking its total store count to about...

LG Chem Announces Start of Construction for its Cathode Plant in the US

Dec 21, 2023 07:55 am UTC| Business

LG Chem Ltd. revealed it has broken ground to commence the construction of its cathode factory in the United States. The new facility is set to become the countrys largest producer of the said secondary battery material...

Digital Currency Revolution

China Sets Milestone with Inaugural Cross-Border Digital Yuan Transaction

Dec 21, 2023 07:51 am UTC| Business Digital Currency

China achieves a significant milestone in its digital currency revolution as the Bank of Chinas Shanghai Branch completes the first-ever cross-border digital yuan transaction, marking a major step forward in the global...

PepsiCo Completes $16 Million Frito-Lay Warehouse, Distribution Center in Michigan

Dec 21, 2023 07:41 am UTC| Business

PepsiCo Inc. announced the completion of a state-of-the-art warehouse and distribution center in Monitor Township, Michigan. The 102,000-square-foot facility, valued at $16 million, will exclusively serve the distribution...

Kakao Pay, Siebert Acquisition Deal Collapses; Korean Mobile Payment to Retain 19% Share Amid Termination

Dec 21, 2023 07:39 am UTC| Business

Kakao Pay and Siebert Financial Corp. announced that they have terminated their acquisition deal. The companies mutually agreed to call off their previously publicized stock purchase agreement. According to The Korea...

  1241 1242 1243 1244 1245 1246 1247 1248 1249 1250   

Economy

Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions

Australia has extended its temporary easing of fuel-quality standards through September, as ongoing disruptions from the Iran war continue to strain the countrys fuel supply chains. Energy Minister Chris Bowen confirmed...

IMF Warns Middle East War to Deepen Economic Divide Across Latin America and Caribbean

The ongoing Middle East conflict is expected to widen economic inequality across Latin America and the Caribbean, according to the International Monetary Fund. While oil-exporting nations stand to gain short-term...

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...

Politics

UNICEF Condemns Killing of Aid Workers Delivering Water in Gaza

The United Nations childrens agency UNICEF has expressed outrage following the fatal shooting of two contracted truck drivers who were delivering clean water to families in the Gaza Strip. The deadly incident occurred on...

Iran Reopens Strait of Hormuz Amid Fragile Ceasefire and Ongoing Nuclear Tensions

Iran has temporarily reopened the Strait of Hormuz to commercial shipping following a U.S.-brokered ceasefire between Israel and Lebanon, sparking cautious optimism in global markets. However, Tehran issued a stark warning...

Trump Teases Imminent Release of UFO Documents After Government Review

President Donald Trump announced Friday that his administrations review of classified UFO-related materials has uncovered a number of interesting documents, with the first batch expected to be made public very soon....

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

South Koreas Unification Ministry stated Friday it has no knowledge of any formal U.S. protest or intelligence-sharing restrictions, following media reports suggesting Washington expressed frustration over a cabinet...

Peru Election 2025: Vote Count Delays Spark Calls to Remove Electoral Chief

Pressure is mounting on Perus electoral authority amid a slow and controversial vote count following the April 12 presidential election. Piero Corvetto, head of the National Office of Electoral Processes (ONPE), is facing...

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

Iran’s AI memes are reaching people who don’t follow the news – and winning the propaganda war

A Lego-style Iranian military commander raps over a gangster beat: Our inbox is flooded with Americans saying they dont watch the news. They listen to our songs instead since your media is full of shit. This is the opening...

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...
  • Market Data
Close

Welcome to EconoTimes

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