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

Become a contributor

Bookmark Econotimes

Business

Mon, Feb 09, 2026 04:55 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Airbus Rapidly Restores A320 Fleet After Emergency Software Recall

Dec 01, 2025 05:06 am UTC| Business

Airbus operators worldwide began returning their A320-family fleets to service on Monday after the planemaker implemented urgent software updates faster than initially expected. The accelerated response followed a rare...

Gunvor Eyes Bigger U.S. Energy Investments After Lukoil Bid Fallout

Dec 01, 2025 02:42 am UTC| Business

Commodity trading giant Gunvor is exploring new investment opportunities in U.S. oil and natural gas assets as it works to rebuild ties with the Trump administration following tensions over its previous attempt to acquire...

Coupang Apologizes After Massive Data Breach Affecting 33.7 Million Users

Nov 30, 2025 11:23 am UTC| Business Technology

South Koreas largest online retailer, Coupang, has issued a public apology after confirming that personal information from 33.7 million customer accounts was exposed through unauthorized data access. CEO Park Dae-jun...

Norway’s Wealth Fund Backs Shareholder Push for Microsoft Human-Rights Risk Report

Nov 30, 2025 11:13 am UTC| Business Technology

Norways $2 trillion sovereign wealth fund, the worlds largest, announced that it will support a shareholder proposal calling for Microsoft to publish a detailed report on the risks of operating in countries with...

Airlines Rush to Fix Airbus A320 Software Glitch Amid Global Disruptions

Nov 30, 2025 00:21 am UTC| Business

Global airlines scrambled to address an unexpected Airbus A320 software glitch that triggered a partial recall and forced hundreds of flight cancellations across Asia and Europe, with potential ripple effects in the U.S....

Yellow Corp Reaches Major Settlement With Pension Plans Amid Ongoing Bankruptcy Case

Nov 29, 2025 03:14 am UTC| Business Law

Yellow Corp has secured settlement agreements with 14 pension plans that had been seeking more than $7.4 billion from the trucking company as part of its ongoing bankruptcy proceedings. The newly negotiated deal...

American Airlines Updates Most Affected Airbus A320 Jets After Airbus Issues Urgent Software Directive

Nov 29, 2025 02:34 am UTC| Business

American Airlines announced on Friday that it is preparing for potential operational delays after Airbus ordered an immediate software update across a large segment of its A320 family aircraft. Initially, American...

81 82 83 84 85 86 87 88 89 90

Economy

Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market

Lee Seung-heon, a leading candidate to become the next governor of the Bank of Korea (BOK), has voiced support for raising property ownership taxes as a way to curb surging home prices, while warning that a shift toward...

Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk

Most Asian currencies traded within a narrow range on Monday, reflecting cautious sentiment as investors awaited key economic data from the United States and China. The Japanese yen edged slightly higher after Japans...

Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data

Gold prices edged higher during Asian trading on Monday, with silver also posting strong gains, as precious metal markets attempted to stabilize after a week marked by sharp volatility. The rebound comes amid lingering...

UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves

Starting salaries for permanent employees in the UK recorded their strongest increase in nearly a year and a half in January, signaling early signs of stabilization in the British labor market. According to the latest...

Australian Household Spending Dips in December as RBA Tightens Policy

Australian household spending declined in December as consumers eased back after heavy year-end sales activity, but solid sales volumes continued to highlight why the Reserve Bank of Australia (RBA) recently raised...

Politics

Trump Slams Super Bowl Halftime Show Featuring Bad Bunny

U.S. President Donald Trump sparked fresh controversy after criticizing the Super Bowl halftime show fronted by global music star Bad Bunny, calling the performance absolutely terrible in a social media post shared on...

Bangladesh Election 2026: A Turning Point After Years of Political Suppression

Bangladesh is heading into what many describe as its most competitive national election in more than a decade, marking a dramatic reversal of political fortunes after years of one-party dominance. For 15 years under former...

Ghislaine Maxwell to Invoke Fifth Amendment at House Oversight Committee Deposition

Ghislaine Maxwell, a longtime associate of the late financier Jeffrey Epstein, plans to refuse to answer questions during a scheduled deposition before the U.S. House Committee on Oversight and Government Reform on Monday,...

Trump Administration Appeals Court Order to Release Hudson Tunnel Project Funding

The administration of U.S. President Donald Trump has filed an appeal challenging a federal court decision that ordered the Transportation Department to unfreeze funding for the $16 billion Hudson Tunnel Project, a major...

Trump Congratulates Japan’s First Female Prime Minister Sanae Takaichi After Historic Election Victory

U.S. President Donald Trump publicly congratulated Japanese Prime Minister Sanae Takaichi on Sunday following her coalitions decisive landslide victory in Japans lower house elections held over the weekend. The message,...

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

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Samsung Electronics shares surged on Monday following reports that the South Korean tech giant is set to begin mass production of its next-generation HBM4 memory chips, a key component in artificial intelligence hardware....

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...