Menu

Search

South Korea's kimchi exports reach $159.9 million in 2021 to register trade surplus for first time in 12 years

Jan 19, 2022 23:04 pm UTC| Economy Business

South Koreas kimchi exports last year reached US$159.9 million, up by 10.7 percent from the previous year, sustaining the increase for the past six years, according to Korea Customs Service. With last years kimchi...

Adidas puts up floating tennis court in Great Barrier Reef to raise awareness on ocean pollution

Jan 19, 2022 22:50 pm UTC| Economy Nature Business

Adidas built a giant, floating tennis court made of recyclable plastic materials just off the coast of Australia to raise awareness against the dumping of plastic in the worlds oceans. The full-size court, built on a...

Nike, Rolex, Hermès post highest resale value gains in 2021

Jan 19, 2022 21:19 pm UTC| Economy Business Life

Brands like Nike, Rolex, Bottega Veneta, Chrome Hearts, and Hermès were the top five brands with the biggest resale value gains in 2021, according to The RealReals 2022 Luxury Consignment Report. The annual...

Burger King releases sandwich ads without product pictures to emphasize freshness

Jan 19, 2022 19:38 pm UTC| Economy Business

Burger King released print and outdoor ads in Germany promoting the Whopper, Kings Beef, and plant-based Long Chicken with no product shots beneath the names to promote the fact that its sandwiches are freshly made when...

American, Delta, United, and Southwest airlines warn 5G could ground some planes and wreak havoc

Jan 19, 2022 18:30 pm UTC| Economy Business Technology

The CEOs of major US air carriers warned of a catastrophic aviation crisis in less than 36 hours upon ATT and Verizons deployment of C-Band 5G service set to begin on Wednesday. The carriers, including American...

KFC China launches regional menu to cater to local tastes

Jan 19, 2022 10:17 am UTC| Business Economy

KFC Chinas parent company, Yum China Holdings, Inc., announced on Jan. 18 that it had added traditional dishes to its menu lineup to cater to the taste of the local customers. It was said that the restaurant company tapped...

Starbucks partners with Meituan to expand delivery services in China

Jan 19, 2022 09:46 am UTC| Business Economy

Starbucks is expanding its delivery services in China, and it is doing this through a partnership with Meituan, a Beijing, China-headquartered delivery platform. The tie-up will allow the coffee chain to bring orders to...

  1781 1782 1783 1784 1785 1786 1787 1788 1789 1790   

Economy

JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026

JPMorgan has sharply lowered its near-term gold price outlook, citing weaker-than-expected demand from major buying sectors and growing uncertainty over U.S. monetary policy. The bank now expects gold prices to average...

Oil Prices Steady as U.S.-Iran Peace Talks Ease Strait of Hormuz Supply Fears

Oil prices ended the week largely unchanged as investors weighed improving prospects for a lasting U.S.-Iran peace agreement against rising crude supply from the Middle East. Brent crude futures settled up 14 cents, or...

Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch

Most Asian currencies edged higher on Friday after the U.S. dollar retreated from a 13-month high following weaker-than-expected U.S. nonfarm payrolls data, raising fresh questions about the Federal Reserves interest rate...

Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions

Asian stock markets rebounded sharply on Friday as investors returned to technology shares following a week of heavy selling, while easing geopolitical tensions and growing expectations of Federal Reserve interest rate...

Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook

Oil prices edged lower on Friday as improving global crude supplies and expectations of near-term oversupply continued to pressure the market, while traders reduced bearish positions ahead of the U.S. holiday weekend....

Politics

UN Warns of Looming Human Rights Catastrophe in Sudan’s Al-Obeid

The United Nations has warned that a new human rights catastrophe is unfolding in Sudan as fighting intensifies around the besieged city of al-Obeid, the capital of North Kordofan state. U.N. High Commissioner for Human...

Amy Coney Barrett Faces Conservative Backlash After Key Supreme Court Rulings Against Trump

U.S. Supreme Court Justice Amy Coney Barrett has drawn criticism from some conservatives after joining decisions that blocked several major priorities of President Donald Trump during the courts latest term. Although...

France Battles Mediterranean Wildfires as Heatwave Fuels Fire Risk

Around 2,000 firefighters battled multiple wildfires across Frances Mediterranean coast on Thursday as strong winds and dry conditions intensified blazes following Europes recent heatwave. One of the most serious fires...

Russia Claims Capture of Kostiantynivka as Putin Pushes Donetsk Offensive

Russia claimed on Friday that its forces had captured the eastern Ukrainian city of Kostiantynivka, a move that, if confirmed, would mark a major step in Moscows campaign to seize full control of Ukraines Donetsk region....

Russian Attacks Kill Six Across Ukraine as Kyiv Mourns Deadly Strike

Russian attacks killed at least six people and injured dozens across multiple regions of Ukraine on Friday, according to regional officials, as Kyiv observed a day of mourning following one of the deadliest assaults on the...

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 Tightens AI Access Controls After Reports of China-Based Workarounds

Anthropic is strengthening measures to prevent unauthorized access to its artificial intelligence services from China after discovering that several Chinese companies had allegedly bypassed its restrictions, according to a...

Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round

Hong Kong-listed shares of Kuaishou Technology (HK:1024) climbed more than 6% on Thursday after its spun-off artificial intelligence business, Kling AI, secured an initial $2 billion in venture capital funding to...

Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment

Meta Platforms (NASDAQ: META) CEO Mark Zuckerberg has acknowledged that the companys progress in developing artificial intelligence (AI) agents has been slower than expected, despite Metas aggressive investment in AI...

Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan

Kioxia is set to mark a major milestone on Friday with a ceremony at its manufacturing facility in northern Japan as the company prepares to begin mass production of its next-generation NAND flash memory chips. The move...

OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks

OpenAI has reportedly proposed granting the U.S. government a 5% ownership stake in the artificial intelligence company as it seeks to strengthen ties with Washington and address growing political scrutiny over the rapidly...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.