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

Become a contributor

Bookmark Econotimes

Economy

Thu, May 02, 2024 06:51 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Stellantis, Samsung SDI to Invest $3.2B for EV Battery Facility in Indiana

Oct 12, 2023 09:10 am UTC| Business Economy

Stellantis and Samsung SDI announced they are building a new plant for electric vehicle batteries. They also revealed the plans to invest more than $3.2 billion for the project. This new EV battery manufacturing factory...

Cleveland Cavaliers Swap Pepsi for Coca-Cola in NBA Refreshment Deal

Oct 12, 2023 08:22 am UTC| Economy Sports Life

The Cleveland Cavaliers announced a partnership with Coca-Cola, naming it the official refreshment provider at Rocket Mortgage FieldHouse, home also to the Cleveland Monsters. This move ends the Cavaliers longstanding...

Expanding London's Ulez has sparked fractious debate – psychologists explain how it can be de-escalated

Oct 12, 2023 07:31 am UTC| Economy

Drivers of the most polluting vehicles are now charged 12.50 a day (or more for heavier vehicles) to drive within Londons M25 orbital motorway, following an expansion to the citys ultra-low emission zone (Ulez) in August...

Rising oil prices, surging inflation: The Arab embargo 50 years ago weaponized oil to inflict economic trauma – sound familiar?

Oct 12, 2023 07:26 am UTC| Economy

Fifty years ago, a secret deal among Arab governments triggered one of the most traumatic economic crises to afflict the United States and other big oil importers. Saudi King Faisal and other Arab leaders launched an...

A successful energy transition depends on managing when people use power. So how do we make demand more flexible?

Oct 12, 2023 07:21 am UTC| Economy

Energy security concerns are mounting as renewable projects and transmission lines are delayed. In New South Wales, for instance, the government has flagged it may defer the closure of Eraring coal power station beyond...

3 things the disability royal commission missed: health, transport, day programs

Oct 12, 2023 07:21 am UTC| Economy Politics

The Royal Commission into Violence, Abuse, Neglect and Exploitation of People with Disability has shared its final report. In this series, we unpack what the commissions 222 recommendations could mean for a more inclusive...

Samsung Electronics Tops World’s Best Employer List, Beating Apple, Google

Oct 12, 2023 07:01 am UTC| Business Economy

Samsung Electronics Co. earned the Worlds Best Employer title in Forbes annual list. The South Korean firm defended its no. 1 ranking for the fourth straight time, beating leading American tech companies - Apple Inc. and...

21 22 23 24 25 26 27 28 29 30

Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Extraordinary Vietnam fraud case exposes the inherent vulnerabilities of banks

The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new powers to keep some of the biggest institutions on a much shorter leash to stamp out...

Politics

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Military conscription is returning to Europe, but is it really a more equal way of mobilising? What history tells us

The idea that conscription, defined as the compulsory enlistment of citizens for military service, can increase equality and instil a sense of solidarity that transcends traditional societal divides has echoed throughout...

Science

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

Solana's Future Anchored in Four Key Pillars, Developer Outlines Strategy

Vibhu Norby, CEO of Drip Haus, has outlined four essential pillars to define Solanas path forward amid a dynamic period of growth and challenges in the blockchain space. Key Strategies for Solanas Scaling and User...

Shiba Inu Magazine Details Upcoming Shibarium Hard Fork Enhancements

Shiba Inu (SHIB) lovers will get a full description of the highly anticipated Shibarium hard fork in the most recent issue of The Shib magazine. On International Workers Day, the magazine begins with a rallying cry for the...

2025 Sees SK hynix's HBM Chips Fully Booked Amidst AI Surge

SK hynix, a key player in the artificial intelligence (AI) services sector, made a significant announcement on Thursday. HBM Sales Reflect SK hynixs Market Leadership Its high-bandwidth memory (HBM) processors,...

Bitcoin Price May Consolidate for Two Months Post-Halving, Says Bitfinex

As the cryptocurrency market adjusts to the latest Bitcoin halving, analysts from Bitfinex forecast a price consolidation period of up to two months, with significant price fluctuations expected within this...

Former PayPal President Predicts Bitcoin as AI's Future Currency

Amid fluctuating prices, former PayPal President David Marcus champions Bitcoin as the native currency of AI at the Bitcoin for Corporations 2024 event, rekindling interest and optimism in the cryptocurrencys long-term...