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

Become a contributor

Bookmark Econotimes

Business

Mon, Feb 16, 2026 11:18 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Singapore Partners with ExxonMobil and Shell for Cross-Border CCS Project

Mar 01, 2024 08:58 am UTC| Business

The Singapore government is teaming up with a consortium led by ExxonMobil and Shell to explore the feasibility of a cross-border carbon capture and storage (CCS) project. Second Minister for Trade and Industry, Tan See...

The Body Shop UK to Axe 75 Stores, Job Cuts Loom in Revival Bid

Mar 01, 2024 08:12 am UTC| Business

The Body Shop International Limited is set to close about 75 stores in the United Kingdom. The closures also mean the company will terminate hundreds of jobs. The Body Shop will shutter the brick-and-mortar locations...

Aussies Endure Scarcity of Home-Brand Drinks Coles, Woolworths Due to Carbon Dioxide Shortage

Mar 01, 2024 08:01 am UTC| Business

Aussies hoping to get their hands on cheap soft drinks such as Woolworths and Coles at the supermarket have been left in the lurch at the checkout. A nationwide shortage of carbon dioxide stripped supermarket shelves bare...

Twitch Bids Farewell to South Korea Due to Sky-High Operating Costs; Streamers Host Virtual Farewells

Mar 01, 2024 07:29 am UTC| Business Technology

Twitch, a video live-streaming service focused on video game live-streaming, was discontinued in South Korea. It was a sudden exit; thus, users were confused as they scrambled to find new live-streaming platforms to...

McDonald's UAE Launches Innovative 'After-Dinner Dinner' Promotion

Mar 01, 2024 07:19 am UTC| Business

McDonalds UAE launched a unique promotion, the After-Dinner Dinner, targeting fine dining patrons seeking a fulfilling post-meal experience. This innovative initiative aimed to transform unsatisfactory high-end dining...

Panera Bread Reveals Major Menu Revamp, Adds More Affordable Food Items

Mar 01, 2024 04:57 am UTC| Business

Panera Bread is overhauling its menu, which is said to be the most extensive brand transformation so far. This makeover will include adding new food items and freshening its favorite classics. Additionally, Panera Bread...

Robotics Startup Figure Raises $675 Million in Funding Round with Investments from Nvidia, Microsoft, Amazon

Mar 01, 2024 03:55 am UTC| Business Technology

Robotics startup Figure recently secured $675 million in funding, attracting investments from notable companies like Nvidia, Microsoft, and Amazon.com founder Jeff Bezos. The funding round valued the Sunnyvale,...

1061 1062 1063 1064 1065 1066 1067 1068 1069 1070

Economy

Asian Currencies Trade in Tight Range as Dollar Steadies; Yen Slips on Weak Japan GDP

Asian currencies moved within a narrow range on Monday as thin holiday trading and steady U.S. dollar performance limited major price swings. Market closures in China, Taiwan, and South Korea reduced regional liquidity,...

Asian Stock Markets Trade in Narrow Range as Japan GDP Misses Forecasts, Hang Seng Gains

Asian stock markets traded in a tight range on Monday as a week-long Lunar New Year holiday in China reduced regional trading volumes, while weak Japanese GDP data pressured Tokyo equities. Market participation was further...

Ukraine Secures $8.2 Billion IMF Loan as Tax Conditions Are Eased

Ukraines government has reached a revised agreement with the International Monetary Fund (IMF) on a new $8.2 billion lending program, easing several previously proposed conditions, including politically sensitive tax...

BOJ Governor Ueda Meets PM Takaichi as Markets Eye Possible Rate Hike

Bank of Japan Governor Kazuo Ueda and Prime Minister Sanae Takaichi are set to hold their first bilateral meeting on Monday since the ruling partys landslide election victory, a discussion that could shape expectations for...

Yen Pulls Back After Rally as Fed Rate Cut Bets Support Dollar Stability

The Japanese yen began the week slightly weaker against the U.S. dollar after posting its strongest weekly gain in more than a year. The currency eased 0.2% to 153.07 per dollar in early Monday trading, following a nearly...

Politics

Zelenskiy Urges Stronger Sanctions as U.S.-Brokered Ukraine-Russia Peace Talks Near

Ukrainian President Volodymyr Zelenskiy expressed cautious optimism ahead of U.S.-brokered peace talks between Ukraine and Russia scheduled in Geneva next week. Speaking at the Munich Security Conference, Zelenskiy said he...

Rubio Reaffirms Transatlantic Alliance at Munich Security Conference Amid Ukraine and Russia Tensions

U.S. Secretary of State Marco Rubio described the United States as a child of Europe during a closely watched speech at the Munich Security Conference, aiming to reinforce transatlantic unity after a turbulent year in...

EU Divided on Setting 2027 Timeline for Ukraine Membership Amid Ongoing War

European Union foreign policy chief Kaja Kallas has indicated that EU member states are not prepared to offer Ukraine a concrete timeline for joining the bloc, despite renewed calls from Ukrainian President Volodymyr...

Anthropic’s Claude AI Reportedly Used in U.S. Operation to Capture Nicolas Maduro

Anthropics artificial intelligence model, Claude, was reportedly used in a U.S. military operation that led to the capture of former Venezuelan President Nicolas Maduro, according to a Wall Street Journal report citing...

Europe Rethinks NATO as U.S. Policy Shifts Shake Transatlantic Alliance

European leaders signaled a turning point in transatlantic relations at the Munich Security Conference, as European Commission President Ursula von der Leyen warned that some lines have been crossed that cannot be...

Science

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...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Disney Issues Cease-and-Desist to ByteDance Over Alleged AI Copyright Infringement

Disney has sent a cease-and-desist letter to ByteDance, accusing the Chinese tech giant of using copyrighted Disney characters to train and power its Seedance 2.0 AI video generator without authorization, according to a...

OpenAI Hires OpenClaw Creator Peter Steinberger to Advance Next-Generation AI Agents

OpenAI has hired Peter Steinberger, the creator of the open-source artificial intelligence agent OpenClaw, according to CEO Sam Altmans announcement on social media Sunday. The move follows OpenClaws recent surge in...

Vietnam Approves SpaceX Starlink Satellite Internet Service Amid U.S. Trade Talks

Vietnam has officially granted SpaceX permission to deploy its Starlink satellite internet service in the country, marking a significant step in expanding high-speed connectivity across Southeast Asia. According to state...

Anduril Eyes $60 Billion Valuation in New Funding Round to Expand Defense Manufacturing and Autonomous Fighter Jet Development

U.S. defense technology firm Anduril Industries is reportedly in discussions to raise billions of dollars in fresh funding at a valuation of at least $60 billion, according to a recent report by The Information citing...

Grok AI Market Share Surges as xAI Faces Scrutiny Over Image Generation Controversy

Elon Musks AI chatbot Grok is rapidly gaining traction in the U.S., even as it faces mounting global criticism over the generation of non-consensual and sexualized AI images. According to data from app intelligence firm...