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

Become a contributor

Bookmark Econotimes

Business

Wed, Apr 22, 2026 10:22 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Profit versus health: 4 ways big global industries make people sick

Mar 28, 2023 14:15 pm UTC| Business

Its now more commonly known that alcohol and tobacco use make us ill. Less known is that just four industries account for at least one-third of global preventable deaths. These industries are: unhealthy processed food and...

Burger King locations are shutting down in US

Mar 28, 2023 10:09 am UTC| Business Economy

Burger King restaurants across Michigan in the United States are shutting down, and it is a permanent closure. This comes after a franchisee based in Texas, which owns more than two dozen of the burger chain brand, decided...

Asiana Airlines launches task force to accelerate completion of Korean Air merger

Mar 28, 2023 09:55 am UTC| Business Economy

Asiana Airlines want to speed up its merger with Korean Air, so it has set up a task force team that will work on its integration with Korean Air, the flagship air carrier of South Korea. The team is said to be headed by...

L’Oreal, LVMH reportedly join race to acquire stake in S. Korea’s Able C&C

Mar 28, 2023 09:51 am UTC| Business Economy

LOreal, LVMH, and many other global beauty products brands are said to have joined the bidding to acquire a controlling stake in South Koreas Able CC cosmetic company. Based on the reports, well-known international brands...

Kyochon reveals new price hike for its fried chicken menu

Mar 28, 2023 08:35 am UTC| Business Economy

Kyochon FB is increasing the prices of its fried chicken menu items by up to KRW3,000 or $2.30. Starting next Monday, April 3, the restaurant chain will implement the hiked-up rates in its stores in South Korea. Kyochon...

Standard Chartered to sell Jordan business unit to AJIB

Mar 28, 2023 08:05 am UTC| Business Economy

Standard Chartered is planning to sell its business in Jordan, and Arab Jordan Investment Bank (AJIB) has been named as the buyer. The two companies were said to have signed the agreement for sale last weekend. Standard...

South Korea’s Cowell Fashion buys Superdry’s Asia Pacific IP assets for $50M

Mar 28, 2023 07:50 am UTC| Business Economy

Cowell Fashion Co. Ltd., a South Korean clothing and undergarments manufacturer, announced last week it has entered into an agreement with DKH Retail Ltd., which owns Superdrys Asia Pacific intellectual property (IP)...

1691 1692 1693 1694 1695 1696 1697 1698 1699 1700

Economy

Global Energy Crisis: Iran Conflict Triggers Record Oil Supply Shock

The ongoing U.S.-Israeli conflict with Iran has triggered an unprecedented global energy crisis, marked by the largest daily oil supply disruption in history. The closure of the Strait of Hormuz has significantly reduced...

U.S. Freezes Dollar Transfers to Iraq, Pressures Government Over Iran-Backed Militias

The United States has reportedly halted U.S. dollar shipments to Iraq and paused key security cooperation programs as part of a broader effort to pressure Baghdad into addressing the influence of Iran-backed militias...

Asian Stocks Mixed as Tech Shares Decline While Japan’s Nikkei Hits Record High

Asian stock markets showed mixed performance on Wednesday as technology stocks weakened, reflecting overnight losses on Wall Street, while Japans benchmark Nikkei 225 reached a new record high. Investors remained cautious...

Japan Exports Surge for Seventh Month as AI Demand Offsets Middle East Trade Disruptions

Japans exports extended their growth streak for a seventh consecutive month in March, driven largely by strong global demand linked to artificial intelligence (AI) and data center expansion. According to government data,...

Oil Prices Slip Amid Iran Ceasefire Extension, Hormuz Disruptions Keep Markets Tense

Oil prices edged lower during volatile Asian trading on Wednesday as U.S. President Donald Trump announced an indefinite extension of the ceasefire with Iran. While the move raised hopes for continued peace talks, ongoing...

Politics

Syrian Asylum Rejections Rise in Europe as Minority Safety Concerns Persist

A growing number of Syrian asylum seekers are facing rejection across Europe despite ongoing security concerns, particularly among minority groups. After the fall of former President Bashar al-Assad and the end of Syrias...

Virginia Redistricting Vote Boosts Democrats Ahead of Midterm Elections

Virginia voters approved a new Democratic-backed congressional map on Tuesday, a decision that could significantly reshape the balance of power in the U.S. House of Representatives ahead of the upcoming midterm elections....

Trump Administration Files Fraud Charges Against Southern Poverty Law Center Over Informant Payments

The Trump administration has filed criminal charges against the Southern Poverty Law Center (SPLC), a prominent civil rights organization known for tracking extremist groups, accusing it of defrauding donors through its...

Global Military Talks in London Aim to Reopen Strait of Hormuz and Protect Shipping

Military planners representing more than 30 countries are gathering in London for two days of high-level discussions focused on reopening the Strait of Hormuz and strengthening maritime security in one of the worlds most...

Canada-USMCA Review 2026: No Collapse Expected Despite July 1 Deadline

Canadas top trade negotiator to the United States, Janice Charette, has signaled that the upcoming July 1 deadline for reviewing the USMCA trade agreement should not be viewed as a breaking point for North American trade...

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

SK Hynix to Invest $13 Billion in AI Chip Packaging Facility

South Koreas SK Hynix is accelerating its push into the artificial intelligence semiconductor market with a major new investment aimed at strengthening its global competitiveness. The company announced plans to invest...

Nvidia Pushes 800V Data Center Power Systems to Boost Efficiency and Cut Costs

NVIDIA Corporation (NASDAQ: NVDA) is reportedly exploring next-generation data center power solutions by engaging major South Korean power equipment manufacturers to develop higher-voltage infrastructure. According to The...

LG Innotek Stock Hits Record High on $68M Automotive Wi-Fi 7 Deal

LG Innotek shares surged to an all-time high on Wednesday, fueled by strong investor confidence following the companys latest automotive supply agreement with a European partner. The Seoul-listed stock (KS:011070) climbed...

Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges

Samsung Electronics Co Ltd (KS:005930) has significantly increased its monthly DRAM shipments to Tesla Inc (NASDAQ:TSLA), reflecting the growing demand for advanced memory solutions in electric vehicles and artificial...

SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO

Elon Musks SpaceX has announced plans to collaborate with AI coding startup Cursor, with the option to acquire the company later this year in a deal valued at $60 billion. The aerospace giant also revealed an alternative...