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

Become a contributor

Bookmark Econotimes

Mon, May 11, 2026 08:04 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Andrew Dodd

Director of the Centre for Advancing Journalism, University of Melbourne
Andrew has been a journalist for over twenty-five years, working in radio, TV, print and on-line. He has worked with ABC radio and television, Radio Netherlands and numerous other publications. He was a media and business writer with The Australian and a broadcaster with ABC Radio National, where he presented many of the network's programs and founded the Media Report. He was also a media writer for crikey.com.au.

Murdoch to Musk: how global media power has shifted from the moguls to the big tech bros

Sep 09, 2024 08:18 am UTC| Technology Business

Until recently, Elon Musk was just a wildly successful electric car tycoon and space pioneer. Sure, he was erratic and outspoken, but his global influence was contained and seemingly under control. But add the ownership...

Why is Rupert Murdoch stepping aside now and what does it mean for the company?

Sep 25, 2023 11:13 am UTC| Insights & Views

At age 92, media mogul Rupert Murdoch is stepping down as chairman of Fox Corporation and News Corp but will stay on in the role of chairman emeritus, presumably to help guide his eldest son Lachlan as the new head of the...

Australian law says the media can't spin lies – 'entertainment magazines' aren't an exception

Feb 24, 2020 07:54 am UTC| Insights & Views Law

In a recent ruling the Australian Press Council has given a signal to gossip magazines it is OK to make up and publish rubbish about people, so long as the stories arent blatantly incorrect. This is despite the councils...

Media Files: Media companies are mad as hell at tech giants and don't want to take it anymore. But what choice do they have?

Nov 11, 2019 10:52 am UTC| Insights & Views Business Technology

Media companies around the world are in an existential funk. The tech giants - Facebook, Google, Apple and Amazon - have built a better mousetrap for profiting from consumers attention than the traditional media can offer....

Media Files: What does the future newsroom look like?

Nov 04, 2018 14:16 pm UTC| Insights & Views Business

Today on Media Files, a podcast about the major themes and issues in the media, were looking at the future newsroom. We often hear about the doom and gloom of established media companies as they shed staff and revenues,...

Media Files: On the Serena Williams cartoon -- and how the UK phone hacking scandal led to a media crackdown in South Africa

Sep 25, 2018 18:19 pm UTC| Insights & Views Sports

Mark Knights cartoon in The Herald Sun has become a global topic of condemnation and debate because of its negative portrayal of American tennis player Serena Williams. It was widely described as racist. The news of the...

Media Files: ABC boss Michelle Guthrie sacked, but the board won’t say why

Sep 25, 2018 09:34 am UTC| Insights & Views

The major question following the sacking of ABC managing director Michelle Guthrie is why? Why did the ABC board move so decisively and why now? Was it just about tension between her and the corporation chair, Justin...

1 2

Economy

South Korea Central Bank Signals Inflation Concerns as Oil Prices Surge

South Koreas central bank is expected to place greater emphasis on inflation control after rising global oil prices triggered concerns that inflation could move above the Bank of Koreas 2% target. The warning came from...

Norway Core Inflation Hits 3.2% in April, Fueling Interest Rate Hike Expectations

Norways annual core inflation rate climbed to 3.2% in April, reinforcing expectations that the countrys central bank could maintain higher interest rates for a longer period. The latest figures, released by Statistics...

Goldman Sachs Delays Fed Rate Cut Forecast to 2026 Amid Rising Inflation Concerns

Goldman Sachs has pushed back its forecast for U.S. Federal Reserve interest rate cuts, now expecting reductions in December 2026 and March 2027 instead of the previously projected September and December 2026 cuts. The...

ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve

European Central Bank (ECB) governing council member Martin Kocher signaled that the ECB may soon need to adjust interest rates if inflation in the eurozone does not show meaningful improvement. His comments, published...

Indian Stock Market Drops as Iran Conflict Fuels Oil Price and Inflation Fears

Indian stock markets opened sharply lower on Monday as investors reacted to growing concerns over the economic fallout from the escalating Middle East conflict and rising crude oil prices. The Nifty 50 index declined 1.2%...

Politics

US Auto Industry Urges Trump to Block Chinese EV Market Access

As President Donald Trump prepares for a high-profile meeting with Chinese President Xi Jinping, pressure is mounting from U.S. automakers, lawmakers, unions, and manufacturers urging the administration to keep Chinese...

Trump-Xi Summit Sparks Renewed Hope for Americans Detained in China

Families of two Americans imprisoned in China for more than a decade are urging U.S. President Donald Trump to raise their cases during his meeting with Chinese President Xi Jinping. The detainees, Dawn Michelle Hunt and...

Trump Rejects Iran Proposal as Strait of Hormuz Crisis Pushes Oil Prices Higher

Oil prices surged Monday after former U.S. President Donald Trump rejected Irans latest response to a U.S.-backed peace proposal, raising fears that the ongoing Middle East conflict could intensify and further disrupt...

Taiwan Confident in Strong U.S. Relations Ahead of Trump-Xi China Summit

Taiwan Foreign Minister Lin Chia-lung said Monday that Taipei remains confident in the stable growth of Taiwan-U.S. relations as U.S. President Donald Trump prepares for a high-profile visit to China this week. Trump is...

Netanyahu Signals Plan to End Reliance on U.S. Military Aid Within 10 Years

Israeli Prime Minister Benjamin Netanyahu said Israel aims to gradually eliminate its dependence on U.S. military assistance over the next decade while expanding strategic partnerships with Gulf nations. In an interview...

Science

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Nintendo Shares Tumble as Weak Forecast and Rising Switch 2 Costs Worry Investors

Nintendo shares plunged on Monday after the Japanese gaming giant posted annual earnings that missed analyst expectations and issued a weaker-than-expected outlook for the current fiscal year. The disappointing forecast...

AI-Driven Inflation Raises U.S. Consumer Prices, Goldman Sachs Says

Artificial intelligence is starting to increase U.S. consumer prices through rising costs in electronics, software, and electricity, according to a new Goldman Sachs report. The investment bank said AI-related inflation...

Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case

A federal judge has declined to immediately approve a proposed $1.5 million settlement between Elon Musk and the U.S. Securities and Exchange Commission (SEC) tied to Musks 2022 Twitter stock purchase disclosures. The...

Broadcom Eyes $35 Billion AI Chip Financing Deal With Apollo and Blackstone

Broadcom Inc. is reportedly in discussions with Apollo Global Management and Blackstone Inc. to secure around $35 billion in financing for its expanding artificial intelligence chip business, according to a Bloomberg...

Dell Stock Hits Record High After Trump Endorsement, AI Server Demand Fuels Rally

Dell Technologies Inc. (NYSE: DELL) surged to an all-time high on Friday after receiving a public endorsement from President Donald Trump during a White House event. The president encouraged Americans to go out and buy...