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

Become a contributor

Bookmark Econotimes

Business

Sat, May 02, 2026 07:18 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

TSMC eyes Japan, US expansion to meet chip demand

Jul 17, 2021 23:43 pm UTC| Economy Business

Taiwan Semiconductor Manufacturing Co. (TSMC) signaled plans to build new factories in Japan and the US, riding on a pandemic-led surge in demand for chips that power smartphones, laptops, and cars. TSMC, which posted...

Hankook Tire supplies tires for BMW X3 M, X4 M

Jul 17, 2021 23:39 pm UTC| Economy Business

Hankook Tire Technology Co announced it had begun supplying high-performance Ventus S1 Evo Z tires for BMWs X3 M and X4 M SUVs. While supplying OE tires to car manufacturers does not generate much revenue for Hankook,...

S. Korea's LG Uplus to collaborate with Japan's KDDI to develop 5G, 6G tech

Jul 16, 2021 23:54 pm UTC| Economy Business

LG Uplus Corp and Japans largest mobile carrier KDDI will collaborate on finding new 5G business applications and in preparing for future 6G networks. Under a memorandum of understanding, the two firms aim to share...

Stellantis to bring Wrangler EV to S. Korea this year, 5 more EVs by 2026

Jul 16, 2021 23:49 pm UTC| Economy Business

Stellantis Group will bring six electrified models to South Korea by 2026, including the Wrangler 4xe plug-in hybrid electric vehicle this year, to capture a share of the emerging local EV market. The multinational...

Plunge in energy demand almost twice than predicted by BP

Jul 16, 2021 23:43 pm UTC| Economy Business

The global 4.5percent drop in energy demand was close to twice the size of the 2.5 percent that BP predicted, says the companys executive vice president of strategy and sustainability, Giulia Chierchia. The BP executive...

Dollar General is planning to recruit 50,000 workers by Labor Day

Jul 16, 2021 10:10 am UTC| Business Economy

Dollar General announced its intention to hire 50,000 new workers by Labor Day in the United States, which is on Sept. 6. This American chain of variety stores latest push to recruit so it can fill out the job vacancies in...

McCormick is hiring someone to eat tacos; Company’s very first ‘Director of Taco Relations’ will receive 100k salary

Jul 16, 2021 09:47 am UTC| Business Economy

McCormick has introduced a new job position, and it is called the Director of Taco Relations. This is the first time that this kind of work was added to the company, so whoever will be hired will be its very first employee...

2681 2682 2683 2684 2685 2686 2687 2688 2689 2690

Economy

Trump Rejects Iran Proposal as Tensions Persist Amid Fragile Ceasefire

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal for renewed talks, signaling continued deadlock in efforts to resolve the ongoing U.S.-Iran conflict. Despite a ceasefire reached on...

EU Warns of Response as U.S. Considers 25% Tariffs on Car Imports

The European Commission signaled it is prepared to defend its economic interests after the United States threatened to impose new tariffs on European vehicles, raising concerns over a potential escalation in transatlantic...

Wall Street Mixed as Apple Earnings Boost Nasdaq and Oil Prices Ease

U.S. stock market performance ended mixed on Friday, with major indices showing resilience despite ongoing geopolitical tensions and fluctuating oil prices. The SP 500 and Nasdaq Composite posted gains, while the Dow Jones...

Gold Prices Slip Amid Iran Tensions and Rising Rate Concerns

Gold prices edged slightly lower on Friday, hovering near one-month lows after a volatile trading session. The precious metal continues to face pressure following consecutive monthly declines, as global economic...

Dollar Gains Slightly as Yen Volatility Continues After Japan Intervention

Currency markets closely monitored the Japanese yen on Friday after suspected intervention by Tokyo triggered significant volatility, while the U.S. dollar began May with a modest rebound following April losses. The U.S....

Politics

Cuba Condemns New U.S. Sanctions, Calls Measures “Collective Punishment”

Cuba has strongly rejected the latest sanctions imposed by U.S. President Donald Trump, describing them as unjust and harmful to its citizens. The response came from Cuban Foreign Minister Bruno Rodríguez, who...

Rising Tensions in US-Europe Relations Amid Trump Policies and Iran War

Recent developments in US-Europe relations have raised concerns among global leaders as tensions escalate due to policy disagreements and political rhetoric. European officials are increasingly uneasy following a series of...

Trump Expands Cuba Sanctions Targeting Key Sectors and Foreign Entities

U.S. President Donald Trump has signed a sweeping executive order expanding sanctions against Cuba, intensifying pressure on the islands government and its international partners. According to White House officials, the...

US to Withdraw 5,000 Troops from Germany Amid Growing Rift with European Allies

The United States is set to withdraw approximately 5,000 troops from Germany, signaling rising tensions between Washington and its European allies amid the ongoing Iran conflict. The Pentagon confirmed the move, which will...

U.S. Weapons Delays Raise Concerns Among European Allies Amid Iran Conflict

The United States has reportedly warned several European allies to prepare for delays in the delivery of military equipment, as ongoing tensions and conflict involving Iran continue to strain American weapons stockpiles....

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

U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats

U.S. cybersecurity officials are exploring significantly shorter deadlines for fixing critical vulnerabilities in government IT systems, driven by growing concerns that hackers are leveraging advanced artificial...

Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue

Apple delivered a strong fiscal Q2 2026 performance, reporting record-breaking revenue and profit growth fueled by robust iPhone sales and expanding services. The tech giant posted earnings of $2.01 per share on $111.18...

FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case

The Chinese governments alleged hack-for-hire ecosystem is rapidly expanding and becoming increasingly difficult to control, according to a senior FBI official. Speaking on Thursday, FBI Assistant Director Brett Leatherman...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...