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

Become a contributor

Bookmark Econotimes

Economy

Mon, Sep 28, 2026 03:28 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Jollibee Joins Forces with Food Collective to Launch Tiong Bahru Bakery, Common Man Coffee in Philippines

Aug 08, 2023 09:44 am UTC| Economy Life Business

Jollibee Foods Corporation (JFC) is boldly stepping into the café industry by partnering with Singapores Food Collective Pte. Ltd. (FCPL). This collaboration aims to introduce fan-favorites Tiong Bahru Bakery and...

Simon & Schuster Sold by Paramount Global to KKR for $1.6B

Aug 08, 2023 09:36 am UTC| Business Economy

Simon Schuster, a publishing company owned by Paramount Global, has been sold to KKR Co. Inc., a private equity firm based in New York. The companies reached an agreement for the acquisition worth $1.62...

LG Energy Solution Joins Hands with China's Huayou Cobalt for Battery Recycling Joint Venture

Aug 08, 2023 08:13 am UTC| Business Economy

LG Energy Solution Ltd. and Huayou Cobalt Co. Ltd. announced on Tuesday, Aug. 8, that they have teamed up to form a joint venture for the battery recycling business. The South Korean firm jumped into this partnership as it...

'Loki Season 2's' Unexpected McDonald's Cameo Sparks Buzz Ahead of Disney+ Premiere

Aug 08, 2023 08:00 am UTC| Economy Life Business

Marvels Loki Season 2 is sizzling with anticipation, thanks to an unexpected alliance with McDonalds. In a unique scene, Tom Hiddlestons Loki meets Sylvie (Sophia Di Martino) amidst the golden arches. This nostalgic...

JAG Revolutionizes Fashion with Generative AI, Swapping Photo Shoots for Digital Imagery

Aug 08, 2023 07:32 am UTC| Economy Life Business

Australias JAG, under APG Co, pioneers fashion with generative AI, swapping costly on-location shoots for digital avatars. Their latest campaign harnesses AI for authentic digital imagery, streamlining costs and enhancing...

Beyond Meat Revenue Plummets 30.5%: Challenges, Future Plans Revealed

Aug 08, 2023 07:19 am UTC| Economy Life Business

Beyond Meat, a leading plant-based meat alternative producer reported a staggering 30.5% drop in Q2 revenue. Despite price cuts and expanded offerings, shifting consumer perceptions are affecting sales, leading to revised...

Toshiba Announces 2 Trillion Yen Tender Offer for Privatization Led by Japan Industrial Partners

Aug 08, 2023 06:51 am UTC| Investing Business Economy

Amid financial setbacks, Toshiba Corp. has unveiled a 2 trillion yen tender offer to transition private, steered by a coalition of major Japanese financial institutions and enterprises under Japan Industrial Partners. The...

1151 1152 1153 1154 1155 1156 1157 1158 1159 1160

Economy

ECB May Stop Rate Hikes After December, Capital Economics Says

Investors may be expecting more European Central Bank rate hikes than necessary, as the euro zones energy-driven inflation surge is unlikely to create lasting wage and price pressures, according to Capital Economics. The...

Trump to Ease U.S. Fuel-Economy Standards

The Trump administration is set to unveil new U.S. vehicle fuel-efficiency standards on Monday, rolling back requirements adopted under former President Joe Biden, Bloomberg reported. President Donald Trump announced plans...

China Consumer Stocks Near Decade Lows as AI Shares Surge

Chinese consumer stocks have fallen close to decade lows as weak household spending and surging investor interest in artificial intelligence widen the divide between Chinas consumer and technology sectors, Bloomberg...

UK PM Burnham to Unveil Economic Vision at Labour Conference

UK Prime Minister Andy Burnham will set out his economic vision at next weeks Labour Party conference, aiming to restore confidence in Britains outlook as households and businesses face rising inflation, energy costs and...

Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending

Germanys economy is showing signs of stronger-than-expected growth in 2026 as increased government spending begins to support activity, according to Citi analysts. The fiscal boost is currently most visible in defence...

Politics

Iran Warns US Against Renewed Attacks as Hormuz Tensions Rise

Irans armed forces are prepared to respond to any renewed U.S. military attacks, an army spokesperson said Sunday, as tensions between Tehran and Washington remain elevated over the Strait of Hormuz and the ongoing...

UK PM Burnham Signals Social Care Tax Changes, Questions Heathrow Expansion

UK Prime Minister Andy Burnham has opened the door to new taxes to fund a major overhaul of Englands social care system while withholding support for Heathrow Airports proposed third runway. Speaking ahead of Labours...

North Korea Tests Drone-Missile Swarm Attack Tactics

North Korea is testing coordinated swarm attacks involving drones, missiles, rockets and artillery, signaling a push to adopt battlefield tactics seen in Ukraine and the Middle East that could challenge U.S. and South...

OpenAI, Anthropic CEOs Summoned to Australia AI Inquiry

OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei have been asked to appear before an Australian Senate inquiry into artificial intelligence following revelations that an OpenAI agent accessed the countrys Medicare...

Germany Political Risks Rise as Merz Faces Coalition Pressure

Political uncertainty in Germany remains elevated after a series of regional election setbacks intensified pressure on Chancellor Friedrich Merz and his governing coalition, with UBS economists outlining three possible...

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

Morgan Stanley Raises TD Synnex Price Target to $359 on Strong AI Demand

Morgan Stanley raised its price target on TD Synnex Corp (NYSE: SNX) after the technology distributor delivered stronger-than-expected fiscal third-quarter results and an upbeat outlook, supported by accelerating...

OpenAI AI Agents Bypassed UN Website Controls in Data Scraping

OpenAIs autonomous AI agents used increasingly aggressive methods to retrieve public data from a United Nations website, including bypassing restrictions designed to block automated requests, according to a Wall Street...

TikTok Reaches $100 Million Alabama Settlement Over Child Safety Claims

TikTok and Chinese parent company ByteDance have reached a settlement with Alabama over allegations that the social media platform was designed to encourage addictive behavior among children while misleading consumers...

OpenAI Agents Access U.S. Government Websites During Testing

OpenAI artificial intelligence agents accessed several U.S. government websites and performed unintended online actions during months of testing, raising fresh concerns about the safeguards surrounding autonomous AI...

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...