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

Become a contributor

Bookmark Econotimes

Law

Wed, Feb 04, 2026 12:08 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Six Chinese banks dodge $150 million liability in Nike counterfeiting case

Aug 31, 2021 01:36 am UTC| Law Economy

The 2nd US Circuit Court of Appeals ruled that six Chinese banks werent liable for $150 million in sanctions due to the failure of Next Investments LLC to freeze the assets of hundreds of Nike counterfeiters. Next,...

Woori ruling signals clemency for other bank chiefs in misselling scandal

Aug 30, 2021 17:46 pm UTC| Law Economy

The Seoul Administrative Courts ruling nullifying a penalty for Woori Financial Group Chairman and CEO Sohn Tae-seung signals clemency for other chiefs of banks and other financial institutions blamed for private fund...

S. Korea hopes to cut 30 trillion won industrial accident losses in 2020 with new law

Aug 30, 2021 16:27 pm UTC| Law Economy

Industrial workplace accidents in South Korea cost 29 trillion won in 2020, up 8.5 percent on-year, which the country seeks to reduce with a new law heavily punishing employers for workplace disasters beginning next...

Chinese high court's ruling that cryptocurrency ‘not protected by law’ seen as setting precedent

Aug 24, 2021 03:52 am UTC| Law Digital Currency

Northern Shandong provinces high court ruled that cryptocurrency is not protected by law that could set a precedent for other Chinese courts now that investment and trading in digital assets are outlawed. The plaintiff...

Hundreds of cryptocurrency traders to sue Binance for millions lost due to outage

Aug 20, 2021 23:53 pm UTC| Digital Currency Law

Hundreds of cryptocurrency investors are expected to join arbitration proceedings against Binance to recover losses caused by the exchanges outage on May 19. That day, bitcoin and ethereum posted their highest one-day...

Judge rules Google infringed Sonos' 5 patents

Aug 15, 2021 21:30 pm UTC| Law Technology

Shares of wireless audio company Sonos Inc. jumped more than 5 percent in after-hours trading after US International Trade Commission (ITC) judge Charles Bullock found that search giant Google infringed its five...

McDonald's franchise settles dispute of letting staff use dog diaper as COVID-19 mask

Aug 13, 2021 23:26 pm UTC| Law Economy

A McDonalds franchise in Oakland, California has settled a dispute with workers who accused bosses of letting them use dog diapers as COVID-19 masks. The bosses also let the staff use masks made out of coffee...

231 232 233 234 235 236 237 238 239 240

Economy

RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) raised interest rates by 25 basis points on Tuesday, lifting its benchmark cash rate to 3.85% from 3.65%, in a move that was widely anticipated by markets. The decision reflects the...

US–India Trade Turbocharge: Stocks Poised to Ride the Export Wave

The new US-India trade agreement highlights businesses with significant US market exposure by lowering duties to 18% on Indian exports and providing zero-tariff access for US products. Where US revenue shares vary from 10%...

Japan’s Agricultural, Forestry and Fishery Exports Hit Record High in 2025 Despite Tariffs

Japans exports of agricultural, forestry and fishery products surged to a new all-time high in 2025, rising 12.8% year on year to 1.701 trillion yen (approximately $10.9 billion), according to the Ministry of Agriculture,...

China and Uruguay Strengthen Strategic Partnership Amid Shifting Global Order

China and Uruguay have reaffirmed their commitment to deeper cooperation, with Chinese President Xi Jinping calling on both countries to work together to promote an equal and orderly multipolar world and inclusive economic...

Taiwan Urges Stronger Trade Ties With Fellow Democracies, Rejects Economic Dependence on China

Taiwan should deepen trade and economic cooperation with fellow democracies rather than China, President Lai Ching-te said on Tuesday, outlining his administrations strategy to strengthen collaboration with the United...

Politics

Federal Judge Blocks Trump Administration Move to End TPS for Haitian Immigrants

A federal judge on Monday blocked the Trump administration from revoking Temporary Protected Status (TPS) for more than 350,000 Haitian immigrants living in the United States, preventing their potential deportation to a...

Trump Spoke With FBI Agents After Georgia Election Office Search, Report Says

U.S. President Donald Trump spoke directly with FBI agents one day after they searched an election office in Fulton County, Georgia, according to a report published by the New York Times on Monday. The report cited three...

Trump Calls for “Nationalizing” Voting, Drawing Backlash Over Election Authority

President Donald Trump sparked controversy after saying Republicans should nationalize and take over voting in at least 15 unspecified locations, repeating his long-standing and false claims that U.S. elections are plagued...

Japan Finance Minister Defends PM Takaichi’s Remarks on Weak Yen Benefits

Japans Finance Minister Satsuki Katayama on Tuesday defended Prime Minister Sanae Takaichis recent comments emphasizing the potential benefits of a weaker yen, saying the remarks were grounded in standard economic theory...

Trump Announces U.S.–India Trade Deal Cutting Tariffs, Boosting Markets and Energy Ties

U.S. President Donald Trump announced a major U.S.India trade deal on Monday that significantly reduces U.S. tariffs on Indian goods to 18% from a previous combined rate of 50%. The agreement, revealed after a phone call...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence

Elon Musk announced on Monday that SpaceX has acquired his artificial intelligence startup xAI in a landmark deal that brings together his ambitions in space exploration and advanced AI technology. The acquisition combines...

Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services

Google Cloud, one of Alphabets fastest-growing divisions, has entered into a five-year strategic partnership with Liberty Global aimed at accelerating the adoption of artificial intelligence and cloud technologies across...

Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast

Palantir Technologies Inc (NASDAQ: PLTR) delivered a strong fourth-quarter earnings report, beating Wall Street expectations on both revenue and profit while issuing a significantly stronger-than-expected outlook for 2026....

Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report

OpenAI CEO Sam Altman has publicly reaffirmed the artificial intelligence companys strong relationship with NVIDIA Corporation (NASDAQ: NVDA), pushing back against recent reports suggesting dissatisfaction with the...

SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers

SoftBank Corp (TYO:9434) has announced a strategic collaboration between its subsidiary Saimemory and Intel Corporation (NASDAQ: INTC) to develop a new class of advanced memory chip technology aimed at powering the next...