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

Become a contributor

Bookmark Econotimes

Business

Tue, Apr 28, 2026 12:48 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

PepsiCo Portugal invests €7.5 million in biodigester to reduce carbon emissions

Jan 27, 2023 00:00 am UTC| Nature Economy Business

PepsiCo Portugal has invested 7.5 million to construct a new biodigester, which will turn organic waste into biogas, reflecting its commitment to sustainability and the reduction of carbon emissions at its snack factory in...

Toyota to develop EV-only car platform to rival Tesla

Jan 26, 2023 23:59 pm UTC| Life Nature Economy Business

Toyota Motor Corp. will develop an EV-only platform to cut costs, and raise production efficiency and competitiveness to directly compete with industry leader Tesla. The strategy is a radical shift gear in how it...

Mercedes, Porsche open EV-only sales outlets in Japan

Jan 26, 2023 23:59 pm UTC| Life Economy Business Nature

Mercedes-Benz and Porsche are setting up sales outlets exclusively for electric vehicles in Japan, hoping to take the lead in establishing sales systems at a time when Japanese automakers EV lineups remain limited. The...

China Airlines partners with Toutouan, JIA to upgrade its inflight Japanese cuisine

Jan 26, 2023 23:59 pm UTC| Economy Business Life

China Airlines has partnered with Tokyo restaurant Toutouan to offer Premium Business and Business Class passengers natural style Japanese cuisine on all its Japan routes. Passengers flying Premium Business and Business...

Reliance strengthens position in Indian footwear, apparel market with V Retail acquisition

Jan 26, 2023 23:59 pm UTC| Life Economy Business

Reliance Retail has acquired V Retail to expand its product offerings and strengthen its position in the footwear and apparel market. V Retail is one of South Indias major retail, distribution, and franchising firms,...

Mercedes-Benz tops sales of high-end Imported cars in S. Korea

Jan 26, 2023 23:58 pm UTC| Life Economy Business

The Korea Automobile Importers Distributors Association reported that 71,899 luxury vehicles priced over 100 million won were sold last year, up 10.3 percent on-year, with Mercedes-Benz Korea selling the most with 31,576...

K-pop fever prompts Dior, Louis Vuitton, Givenchy, Gucci, Burberry, Fendi to ink S. Korean endorsers

Jan 26, 2023 23:58 pm UTC| Life Economy Business Entertainment

The gloabl popularity of K-pop is pushing luxury brands like Christian Dior Louis Vuitton, Givenchy, Gucci, and Burberry to reach out to Korean celebrities. Jimin of BTS was recently tapped as Christian Diors brand...

1771 1772 1773 1774 1775 1776 1777 1778 1779 1780

Economy

U.S. and EU Strengthen Critical Minerals Partnership to Reduce China Dependence

The United States and the European Union have taken a major step toward strengthening their supply chains for critical minerals, aiming to reduce reliance on China and boost advanced manufacturing capabilities. On Friday,...

Global PCB Prices Surge Amid Middle East Conflict and Supply Chain Disruptions

The ongoing conflict in the Middle East is sending shockwaves through the global electronics industry, driving up prices of printed circuit boards (PCBs) and disrupting the supply of critical raw materials. PCBs are...

Asian Currencies Rise Ahead of BOJ and Fed Meetings as Dollar Softens

Asian currencies strengthened on Monday while the U.S. dollar edged lower, as investors shifted focus to upcoming policy meetings by the Bank of Japan (BOJ) and the Federal Reserve. Market sentiment remained cautious due...

BOJ Rate Decision in Focus as Yen, Inflation, and Nikkei Hang in Balance

The Bank of Japan (BOJ) is widely expected to keep interest rates unchanged at its April 28 policy meeting, maintaining the benchmark short-term rate at 0.75%. This would mark the third consecutive pause following a 25...

Asian Stock Markets Rally as Japan and South Korea Hit Record Highs Amid Oil Price Concerns

Asian stock markets opened the week on a positive note, with major indices in Japan and South Korea reaching record highs, supported by strong momentum from U.S. equities. However, gains across the region were tempered by...

Politics

US Envoy Urges Taiwan to Approve Defense Budget Amid Rising China Tensions

The United States top diplomat in Taiwan has called on the islands opposition-led parliament to approve a comprehensive defense budget, emphasizing the urgent need for advanced military systems such as integrated air and...

Erdogan Condemns White House Correspondents’ Dinner Shooting, Voices Support for Trump

Turkish President Recep Tayyip Erdogan expressed strong support for former U.S. President Donald Trump following a shocking shooting incident at the White House Correspondents Association dinner. According to an official...

Trump Gala Security Scare: Suspect Arrested After Attempted Attack on U.S. Officials

A dramatic security incident at a high-profile Washington gala has raised serious concerns about the safety of U.S. officials and the growing threat of political violence. Authorities arrested a 31-year-old suspect,...

Bennett and Lapid Form Alliance to Challenge Netanyahu in Upcoming Israel Election

Former Israeli prime ministers Naftali Bennett and Yair Lapid have announced a political alliance aimed at unseating Prime Minister Benjamin Netanyahu in the upcoming election expected later this year. The two rivals...

DOJ Ends Probe Into Fed Chair Jerome Powell, Boosting Kevin Warsh Confirmation Prospects

The U.S. Department of Justice has officially ended its investigation into Federal Reserve Chair Jerome Powell, a decision announced by U.S. Attorney Jeanine Pirro that could significantly impact the future leadership of...

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

DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals

Chinese artificial intelligence startup DeepSeek has significantly reduced pricing for its latest AI models, signaling a more aggressive push in the rapidly evolving AI services market. The company announced that it has...

Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case

A Taiwan court has imposed a significant penalty on the local subsidiary of Japan-based Tokyo Electron, highlighting the islands strict stance on protecting critical semiconductor technologies. The court fined the company...

DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips

DeepSeek, a fast-rising Chinese AI startup, has unveiled a preview of its highly anticipated V4 model, marking a major step toward Chinas technological independence. The new model, optimized for Huaweis Ascend chips,...

U.S. Warns Allies Over Alleged Chinese AI IP Theft Linked to DeepSeek

The U.S. State Department has launched a global diplomatic effort to highlight concerns over alleged intellectual property theft by Chinese artificial intelligence companies, including startup DeepSeek. According to a...

Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations

A U.S. federal judge has dismissed key fraud claims brought by Elon Musk in his high-profile lawsuit against OpenAI and its co-founder Sam Altman, marking a significant development in the ongoing legal battle. The ruling,...