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

Become a contributor

Bookmark Econotimes

Economy

Wed, Jul 01, 2026 10:54 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

PepsiCo Launches Eco-Friendly, High-Tech Facility in Poland; Aims for Zero Net Emissions by 2035

Jun 09, 2023 09:39 am UTC| Nature Economy Business

PepsiCo has inaugurated a 222.6 million state-of-the-art facility in Swiatem, Poland, touted as the beverage giants most environmentally sustainable and innovative plant in the European Union. The facility showcases...

Amazon Pay Expands With Buy Now, Pay Later Feature via Affirm Partnership in US

Jun 09, 2023 09:32 am UTC| Business Economy

Amazon Pay, Amazons online payment service, has now incorporated a Buy Now, Pay Later (BNPL) feature in the US through a strategic partnership with fintech giant, Affirm. The BNPL feature offers more flexible payment...

PepsiCo India, Cropin Unveil Satellite-Aided Platform to Optimize Potato Yields for Small Farmers

Jun 09, 2023 09:25 am UTC| Economy Business

PepsiCo India and Cropin Technologies join forces, launching a revolutionary crop intelligence platform that enhances potato yield management. The initiative, targeting small-scale Indian farmers, deploys satellite imagery...

Uber Debuts Carshare Service in Sustainability Push; Boston and Toronto Get First Dibs

Jun 09, 2023 09:15 am UTC| Business Economy

As part of its sustainability initiatives, Uber Technologies, Inc. is stepping into the car rental market with the launch of its Carshare service. Initially, Boston and Toronto will be the first cities to experience this...

Posco International to Supply Motor Core to Hyundai Motor via Partnership Agreement

Jun 09, 2023 08:10 am UTC| Business Economy

Posco International revealed on Thursday, June 8, it has secured a deal with Hyundai Motor for the supply of motor cores for electric vehicles. The company said that its auto parts subsidiary, Posco Mobility Solution, has...

Shinsegae Group Unveils 'Shinsegae Universe' to Rival Coupang, Targets 10M Subscribers in 5 Years

Jun 09, 2023 07:17 am UTC| Business Economy

South Koreas retail giant, Shinsegae Group, has introduced Shinsegae Universe, an ambitious membership program aiming to secure 10 million subscribers and spur a 50% sales boost within five years. This strategic move aims...

South Korean Giant Genesis BBQ Makes Sizzling Debut in Michigan; Among Top 3 Fastest-Growing Korean Franchises in US

Jun 09, 2023 06:49 am UTC| Business Economy Life

Genesis BBQ, one of South Koreas top fried chicken chains, has successfully entered the U.S. market, now ranking among the top three fastest-growing Korean franchises. Celebrating its first store in Michigan, the brands...

1111 1112 1113 1114 1115 1116 1117 1118 1119 1120

Economy

India Manufacturing PMI Slows in June as Demand Weakens Despite Lower Cost Pressures

Indias manufacturing sector continued to expand in June, but growth slowed to its second-weakest pace in four years as softer domestic and overseas demand weighed on production, hiring, and business confidence, according...

Greece’s Bad Loan Crisis Continues to Limit Credit Access Despite Economic Recovery

Greeces economy has staged a remarkable recovery from the sovereign debt crisis that erupted in 2009, posting growth that now exceeds the European Union average. However, a massive backlog of unresolved non-performing...

UK House Prices Hold Steady in June as Annual Growth Misses Forecasts

Britains housing market showed signs of stability in June, with UK house prices remaining unchanged from the previous month after falling 0.6% in May, according to the latest data released by Nationwide Building Society on...

Asian Currencies Slip as Dollar Holds Firm, Yen Near Four-Decade Low Ahead of Fed, Jobs Data

Asian currencies mostly weakened on Wednesday as the U.S. dollar remained resilient, while the Japanese yen hovered near its weakest level in nearly four decades, keeping traders alert for potential intervention by...

Asian Stocks Mixed as South Korea Slides on Profit-Taking, Japan and China Gain on Strong Factory Data

Asian stock markets traded mixed on Wednesday, with South Korean equities leading regional losses as investors locked in profits after an exceptional second-quarter rally. Meanwhile, stronger manufacturing data from Japan...

Politics

Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source

U.S. President Donald Trump reported more than $1.4 billion in income from cryptocurrency-related ventures in his latest 2025 financial disclosure, highlighting how digital assets have become the largest contributor to his...

Democratic Socialist Melat Kiros Unseats Rep. Diana DeGette in Colorado Democratic Primary

Democratic socialist Melat Kiros secured a major upset in Colorados Democratic primary, defeating longtime U.S. Representative Diana DeGette in a closely watched race that signals the continued rise of progressive...

JD Vance Criticizes Vatican on Immigration, Defends Trump Border Policies

U.S. Vice President JD Vance said he disagrees with the Vaticans position on immigration, calling some of its recent comments troubling after Pope Leo repeatedly criticized President Donald Trumps immigration policies and...

U.S. Military Expands Venezuela Earthquake Relief Mission as Troop Presence Tops 900

The United States has significantly expanded its military presence in Venezuela to support humanitarian relief efforts following last weeks devastating earthquakes, with more than 900 U.S. personnel now operating inside...

Ukraine Preparing for Possible Russian Offensive From Bryansk, Military Chief Says

Ukraine is preparing for a possible new Russian offensive from the countrys northern border, although a direct assault on Kyiv is considered unlikely, according to Ukraines top military commander, Oleksandr Syrskyi....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

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...

Technology

Anthropic Restores Claude Fable 5 and Mythos 5 After U.S. Lifts AI Export Controls

Anthropic announced late Tuesday that the U.S. government has lifted export restrictions on its Claude Fable 5 and Mythos 5 artificial intelligence models, allowing the company to begin restoring user access starting...

South Korea Alleges Google Abused Android App Store Dominance, Eyes Major Fine

South Koreas antitrust regulator has accused Alphabets Google of abusing its dominant position in the Android app marketplace, a move that could result in a significant financial penalty and new corrective measures if the...

Microsoft Reportedly Plans New Job Cuts Across Sales, Consulting, and Xbox

Microsoft is reportedly preparing another round of job cuts as the technology giant continues to reduce costs while increasing investment in artificial intelligence, according to a Business Insider report published...

Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism

Chip-equipment stocks surged on Tuesday after reports that South Koreas semiconductor leaders, Samsung Electronics and SK Hynix, plan to invest up to $1.3 trillion in new semiconductor manufacturing projects, reinforcing...

Nvidia Stock Rises as SemiAnalysis Sees AI Data Center Revenue Beating Wall Street Forecasts

Nvidia (NASDAQ: NVDA) shares rebounded on the final trading day of the quarter after bullish supply-chain research from independent semiconductor firm SemiAnalysis suggested the AI chipmakers data center business could...