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

Become a contributor

Bookmark Econotimes

Economy

Wed, Sep 30, 2026 10:11 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Ferrari announces $550M investment for R&D in Italy and generates 250 jobs

Mar 23, 2022 07:38 am UTC| Business Economy

Ferrari revealed on Tuesday, March 22, it will be investing 500 million or around $550 million in its Italian plants located in the city of Maranello and Modena. The luxury sports car manufacturer is putting in funds to...

Exxon Mobil hires former GM president to head its Low Carbon Solutions business

Mar 23, 2022 06:41 am UTC| Business Economy

Exxon Mobil Corp. announced on Tuesday, March 22, that it has hired former General Motors president, Dan Ammann, to be the chief of its energy transition business. The new appointment signals the shift for the oil and gas...

Digital Currency Revolution

FanCraze raises US$100 million in funding round involving soccer star Cristiano Ronaldo

Mar 22, 2022 23:52 pm UTC| Sports Economy Digital Currency Investing

FanCraze has raised US$100 million in a Series A funding round that included the participation of soccer star Cristiano Ronaldo and venture capital firms B Capital Group and Insight Partners. The round, yet to be...

Digital Currency Revolution

Naomi Osaka gets equity stake, payments in digital currency as part of FTX ambassador deal

Mar 22, 2022 23:49 pm UTC| Digital Currency Investing Sports Economy

Japanese tennis star Naomi Osaka will get an equity stake and some payments in digital currency after agreeing to be a global ambassador in the cryptocurrency exchange platform FTX. Osakas playing apparel during...

Porsche names Emma Raducanu as brand ambassador

Mar 22, 2022 23:45 pm UTC| Economy Sports Business

British tennis star Emma Raducanu has been named brand ambassador of Porsche, joining her German rival Angelique Kerber, and ensuring her participation at the WTA Tours Porsche Tennis Grand Prix event. The deal also...

LG Electronics selling its in-vehicle wireless charging biz to Apple and Samsung's supplier

Mar 22, 2022 10:07 am UTC| Business Economy

LG Electronics is selling another one of its businesses, and this time, it is its in-vehicle wireless charging unit. It was reported that the South Korean electronics company is in talks with Apples supplier, BH Co., for a...

Kao USA recalls Jergens lotion over bacterial infection

Mar 22, 2022 10:02 am UTC| Business Economy

Jergens, a brand known for its skincare line, has issued a voluntary recall on some of its products because of possible bacteria contamination. The U.S. Food and Drug Administration also released a notice for the...

1821 1822 1823 1824 1825 1826 1827 1828 1829 1830

Economy

Australia Inflation Accelerates to 4% After RBA Rate Hike

Australias consumer inflation accelerated in August, although the increase came in slightly below market expectations, while underlying price pressures remained elevated following the Reserve Bank of Australias latest...

Gold Prices Slip as High Treasury Yields Weigh on Bullion

Gold prices edged lower on Wednesday as elevated U.S. Treasury yields continued to pressure bullion, while falling oil prices helped ease concerns over inflation ahead of key U.S. economic data. Spot gold, or XAU/USD,...

Dollar Eases Near Two-Month High as Yen Rebounds

The U.S. dollar edged lower on Wednesday but remained close to a two-month high as traders awaited key U.S. inflation and labor-market data for fresh clues on the Federal Reserves interest rate outlook. The U.S. dollar...

Asian Stocks Rise as Bond Yields Ease Ahead of U.S. Inflation Data

Asian stocks were mostly higher Wednesday as easing global bond yields and softer oil prices supported risk appetite, while investors awaited key U.S. inflation data for clues on the Federal Reserves interest-rate outlook....

BOJ Signals Faster Rate Hikes as Inflation Risks Grow

The Bank of Japan is preparing for potentially faster and more regular interest rate hikes as policymakers seek to prevent inflation from overshooting their target, putting fresh attention on key economic data due this...

Politics

Wicker Urges US to Uphold Taiwan Security Commitments

Republican U.S. Senator Roger Wicker, chairman of the Senate Armed Services Committee, has called on Washington to uphold its security commitments to Taiwan as lawmakers press the Trump administration over delayed military...

TSA Removes Chairs for Airport ID Check Officers

The U.S. Transportation Security Administration is removing chairs from airport security checkpoints, meaning TSA officers checking passenger identification will no longer be able to sit while performing the task. The...

US Alcohol Ban Exposes Canada’s Internal Trade Barriers

A new US ban on many Canadian alcohol imports is putting fresh pressure on Canadas brewers, distillers and winemakers, but provincial trade barriers are making it difficult for producers to replace lost American sales at...

US Appeals Court Keeps Trump IRS Case Sanctions in Place

A US appeals court on Tuesday declined to immediately halt sanctions stemming from President Donald Trumps $10 billion lawsuit against the Internal Revenue Service, leaving a federal judges restrictions in effect while the...

UN Condemns Myanmar Airstrike That Kills 50 in Rakhine

The United Nations has condemned a deadly Myanmar military airstrike in Rakhine state that reportedly killed 50 people and wounded at least 58 others near the border with Bangladesh. UN spokesperson Stephane Dujarric said...

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

DeepSeek, Huawei Partner on Ascend AI Chip Programming Tools

DeepSeek has partnered with Huawei Technologies to develop new programming tools for Huaweis Ascend AI chips, strengthening Chinas efforts to build domestic alternatives to Nvidia hardware. DeepSeek said Wednesday in a...

Apple iPhone 18 Pro Sales Jump 12% in China

Apples iPhone 18 Pro series delivered a strong debut in China, with first-week sales rising 12% from a year earlier and helping the technology giant secure the top position in the countrys smartphone market, according to...

Robinhood Launches AI Agents for Automated Trading

Robinhood Markets is expanding its artificial intelligence capabilities with the launch of Robinhood Agents, a new feature designed to help retail investors analyze markets, develop trading strategies, and execute trades...

Google Pays Publishers for AI Search Content in New Pilot

Google is reportedly paying around 100 digital publishers to provide content for its artificial intelligence-powered search features, marking a notable change in the technology giants longstanding relationship with online...

Trump, Tech Leaders Sign ‘Morally Binding’ AI Safety Accord

President Donald Trump and executives from major technology companies signed a voluntary artificial intelligence agreement in Washington on Tuesday, establishing a set of principles intended to guide the development and...