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

Become a contributor

Bookmark Econotimes

Business

Wed, Apr 08, 2026 02:22 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Cathay Pacific to Buy Back Qatar Airways’ 9.6% Stake for HK$6.97 Billion

Nov 06, 2025 03:24 am UTC| Business

Cathay Pacific Airways (HK:0293) announced that it will repurchase all shares held by Qatar Airways for HK$6.97 billion (US$896.4 million) in an off-market transaction, marking a major strategic move for the Hong Kong flag...

Nissan Sells Yokohama Headquarters in ¥97 Billion Deal as Part of Global Restructuring

Nov 06, 2025 03:21 am UTC| Business

Nissan Motor Co. has finalized a 97 billion ($643 million) sale-and-leaseback agreement for its global headquarters in Yokohama, Japan, marking a key move in the automakers ongoing business restructuring strategy. The...

OpenAI Seeks Government Support to Expand AI Chip and Data Center Investments

Nov 06, 2025 03:16 am UTC| Business Technology

OpenAI, the company behind the revolutionary ChatGPT tool, is exploring ways to secure government-backed financing as it accelerates its investments in artificial intelligence chips and large-scale data centers. Chief...

U.S. Orders 10% Flight Cuts Amid Record Government Shutdown, Airlines Brace for Disruption

Nov 06, 2025 00:41 am UTC| Governance Business

U.S. Transportation Secretary Sean Duffy announced Wednesday that 10% of flights at 40 major U.S. airports will be reduced starting Friday if Congress fails to end the record-breaking federal government shutdown. Now in...

Amazon.com Restores Services After Nationwide Outage Impacting Thousands of Users

Nov 06, 2025 00:39 am UTC| Business Technology

Amazon.com services have largely recovered for users across the United States following a significant outage reported on Wednesday, according to data from outage monitoring site Downdetector.com. The disruption initially...

Qualcomm Forecasts Strong Sales Boost Amid AI-Driven Smartphone Demand, Faces Samsung Setback

Nov 06, 2025 00:37 am UTC| Technology Business

Chipmaker Qualcomm projected higher-than-expected quarterly revenue and profit, signaling a rebound in premium smartphone sales fueled by growing consumer demand for AI-powered devices. However, concerns over potential...

Tesla Shareholders Face Historic Vote on Elon Musk’s $1 Trillion Pay Package and AI Future

Nov 06, 2025 00:27 am UTC| Business Technology

Tesla Inc. (NASDAQ: TSLA) is approaching one of its most crucial moments as shareholders prepare to vote on CEO Elon Musks proposed $1 trillion compensation plana decision that could shape the companys leadership and...

171 172 173 174 175 176 177 178 179 180

Economy

U.S.-Iran Ceasefire: Fragile Truce Raises Hopes for Strait of Hormuz Peace Deal

A temporary ceasefire between the United States, Iran, and Israel is holding but just barely. U.S. Vice President JD Vance described the two-week truce as fragile on Wednesday, warning that Iran appeared to be...

Gold Surges Near 3-Week High as Trump-Iran Ceasefire Eases Geopolitical Tensions

Gold prices climbed sharply on Wednesday, nearing a three-week high after President Donald Trump announced a temporary ceasefire with Iran, easing geopolitical tensions that had been gripping global markets. Spot gold...

Oil Prices Crash Nearly 15% After Trump-Iran Ceasefire Deal

Global oil markets experienced a dramatic selloff on Wednesday after U.S. President Donald Trump announced a two-week ceasefire agreement with Iran, easing fears of a major disruption to Middle East energy supplies. Brent...

U.S. Stock Futures Surge as Trump Announces Iran Ceasefire, Oil Prices Plunge

U.S. stock index futures posted sharp gains Wednesday after President Donald Trump announced a temporary ceasefire agreement with Iran, lifting market sentiment and triggering a dramatic drop in oil prices. The development...

U.S.-China Trade Talks: Trump and Xi Set for Summit Amid Rare Earths Focus

The United States and China are maintaining a stable trade relationship, and President Donald Trump intends to preserve that balance in an upcoming summit with Chinese President Xi Jinping, according to U.S. Trade...

Politics

Trump Meets NATO Chief Rutte Amid Alliance Tensions Over Iran War

President Donald Trump welcomed NATO Secretary General Mark Rutte to the White House on Wednesday for high-stakes talks as the ongoing conflict with Iran continues to strain transatlantic relations. The meeting comes at a...

UK PM Keir Starmer Heads to Middle East Amid Ceasefire Agreement

British Prime Minister Keir Starmer is traveling to the Middle East for high-level diplomatic meetings with regional allies, following a landmark ceasefire agreement reached overnight. The visit marks a significant moment...

Trump Credits China for Brokering Iran-Israel-U.S. Ceasefire

U.S. President Donald Trump stated on Thursday that he believes China played a pivotal role in persuading Iran to agree to a ceasefire in its ongoing conflict with Israel and the United States. The statement, made to AFP,...

Xi Jinping Pushes Demand-Driven Strategy to Modernize China's Service Sector

Chinas President Xi Jinping has outlined a bold strategy to transform the countrys service industry, calling for a demand-led approach supported by structural reform and technological innovation. The directive was reported...

Trump Announces U.S. Military Presence in Strait of Hormuz Following Iran Ceasefire Deal

President Donald Trump announced Wednesday that the United States will actively support the flow of maritime traffic through the Strait of Hormuz, one of the worlds most strategically critical waterways. Speaking publicly,...

Science

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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

U.S. Disrupts Russian Military Hackers' Global DNS Hijacking Network

The U.S. Justice Department has successfully executed a court-authorized operation to dismantle a DNS hijacking network tied to Russian military intelligence. The network was run by GRU Military Unit 26165, a cyber unit...

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...