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

Become a contributor

Bookmark Econotimes

Business

Fri, Jul 17, 2026 03:40 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Dutch Watchdog Fines Uber $324M for GDPR Breach in Transferring Driver Data to the U.S.

Aug 27, 2024 15:09 pm UTC| Technology Business

Uber has been fined $324 million by the Dutch Data Protection Authority for violating the EUs GDPR by transferring European drivers data to the U.S. without adequate protection. The company plans to appeal, asserting that...

Tesla Secures $133M Megapack Deal to Expand Queensland’s Largest Battery Storage Site

Aug 27, 2024 15:06 pm UTC| Technology Business

Tesla has secured a $133 million contract to supply 140 Megapacks for the expansion of Queenslands Western Downs battery storage site. This expansion will boost the facilitys capacity to 540 MW/1,080 MWh, solidifying its...

Air Jordan 12 ‘Taxi’ Releasing in 2025; Air Jordan 4 ‘Black Cat’ Also Set to Return

Aug 27, 2024 15:00 pm UTC| Life Business

The Air Jordan 12 Taxi is set to return in 2025, marking its first re-release since 2018. This classic colorway joins the Air Jordan 4 Black Cat, which is also making a comeback in late 2025, creating major anticipation...

NVIDIA Faces Rising Competition in China as Huawei Prepares Major HiSilicon Breakthrough

Aug 27, 2024 14:57 pm UTC| Business Life

NVIDIAs stronghold in Chinas ADAS chip market is being challenged by domestic competitors, including NIO and Huaweis HiSilicon. With new chip developments and potential breakthroughs on the horizon, NVIDIAs $12 billion...

New Fast-Food Arrivals: Must-Try Menus and Deals from Chick-fil-A, Popeyes, and More

Aug 27, 2024 14:54 pm UTC| Business Life

This week, fast-food fans are in for a treat as major chains like Chick-fil-A, Popeyes, and Olive Garden unveil new menu items and exciting deals. From Chick-fil-As Banana Pudding Shake to Subways $6.99 Footlong deal,...

Walmart+ Members Unlock Exclusive Burger King Discounts, Including Free Whoppers and 25% Off Daily

Aug 27, 2024 14:51 pm UTC| Life Business

Walmart+ members can now enjoy exclusive Burger King deals, including a daily 25% discount on digital orders and a free Whopper every three months with any purchase, thanks to a new collaboration between the two brands....

Popeyes Unveils Two Irresistible Desserts: Chocolate Chip Biscuit and Caramel Apple Cheesecake

Aug 27, 2024 14:48 pm UTC| Life Business

Popeyes has introduced two new desserts to its menu: the Chocolate Chip Biscuit and Caramel Apple Cheesecake. Available for a limited time, these confections bring fresh flavors to the chains offerings, perfect for...

921 922 923 924 925 926 927 928 929 930

Economy

AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software

The explosive rally in AI semiconductor stocks is showing signs of cooling as investors question lofty valuations and whether the massive spending on artificial intelligence infrastructure can continue at its current pace....

Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand

Malaysias economy expanded by 5.8% year-on-year in the second quarter of 2026, outperforming market expectations and highlighting the countrys resilience despite ongoing geopolitical uncertainties. According to advance...

Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook

Japans core consumer inflation likely accelerated in June as higher energy prices and revised medical service fees offset easing food inflation, reinforcing expectations that the Bank of Japan (BOJ) could continue raising...

Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia

Japans Nikkei 225 tumbled more than 5% on Friday, falling to its lowest level since June 11 as a global selloff in artificial intelligence (AI) and semiconductor stocks intensified. The decline mirrored heavy overnight...

Asian Stocks Slide as Nikkei Leads Losses on Tech Selloff and Rising U.S.-Iran Tensions

Asian stock markets ended mostly lower on Friday, led by a sharp decline in Japans Nikkei 225 as technology and semiconductor stocks extended a global selloff. Investor sentiment also remained under pressure amid...

Politics

Trump Criticizes ABC, NBC and CNN for Limiting Coverage of Election Speech

President Donald Trump criticized ABC, NBC and CNN after the three major U.S. news organizations declined to air his prime-time address on their main television platforms, intensifying his long-running dispute with the...

Iran Launches Fresh Attacks on U.S. Bases as Strait of Hormuz Tensions Escalate

Iran launched new attacks on U.S. military facilities in the Gulf on Friday after the United States carried out a sixth straight night of strikes on Iranian military targets, deepening a conflict that has unraveled last...

US Military Completes Sixth Night of Iran Strikes as Conflict Escalates

The U.S. military said it completed a new wave of strikes on Iran late Thursday, marking the sixth consecutive night of operations ordered by President Donald Trump as tensions between Washington and Tehran continue to...

Nicaragua Cuts Diplomatic Ties With Italy Over Red Brigades Extradition Dispute

Nicaragua has officially severed diplomatic relations with Italy after a renewed dispute over the extradition of former Red Brigades militant Alessio Casimirri, intensifying a decades-long conflict tied to one of Italys...

North Korea Calls South Korea ‘Puppet’ After U.S.-Led RIMPAC Naval Exercise

North Korea sharply criticized South Korea on Friday, labeling Seoul a puppet after its participation in the U.S.-led Rim of the Pacific Exercise (RIMPAC), warning that Washington and Seoul would be responsible for any...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Mikron H1 2026 Sales Fall 5.9% as Automation Weakness Weighs on Profit

Swiss automation and machining systems manufacturer Mikron Group AG reported lower first-half 2026 results as weaker demand in its Automation and Machining businesses offset strong growth in its Tool division. Despite the...

KAIST, Stanford Develop Self-Dressing Robot for Cleanrooms and Emergency Gear

Researchers from South Koreas Korea Advanced Institute of Science and Technology (KAIST) and Stanford University have developed an innovative self-dressing robotic technology that allows people to put on clothing without...

SpaceX Aborts Starship Test Flight as Engine Issue Delays Launch

SpaceX (NASDAQ: SPCX) called off the 13th test flight of its Starship rocket just minutes before its scheduled liftoff from its Texas launch site on Thursday after an engine-related issue triggered an automatic abort. CEO...

Sam Altman Admits OpenAI Missteps, Promises Major AI Comeback Focused on User Freedom

OpenAI CEO Sam Altman has publicly acknowledged that the company fell short of expectations over the past year, taking personal responsibility for its performance while outlining an ambitious vision for the future. In a...

Moonshot Launches Kimi K3, China's Largest Open-Source AI Model

Chinese artificial intelligence startup Moonshot has introduced Kimi K3, a new open-source AI model the company describes as the worlds largest of its kind, highlighting Chinas accelerating competition with leading U.S. AI...