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

Become a contributor

Bookmark Econotimes

Business

Fri, May 26, 2023 04:25 PM All times are UTC

Follow Series

©PUBLISH holdings LLC . All Rights Reserved.

Hotel Lotte to Open Lifestyle Hotel, Aquarium in Hanoi in August

May 22, 2023 16:52 pm UTC| Life Economy Business

Hotel Lotte Co. will launch a lifestyle hotel and aquarium in the soon-to-open 128,900-square-meter shopping complex, Lotte Mall Westlake Hanoi. The five-star boutique hotel brand, L7 Hanoi, with a French-colonial...

Vegan Fast-Food Chain Odd Burger To Open 150 Restaurants in India, Singapore

May 22, 2023 16:31 pm UTC| Life Economy Business

Vegan fast-food chain Odd Burger will open a corporate flagship location in Mumbai by the end of this year and is aiming to roll out 145 locations in India and five stores in Singapore over the next 10 years. The...

Timex Acquires Indian Timepiece Retailer Just Watches

May 22, 2023 16:18 pm UTC| Life Economy Business

Timex Group has acquired Just Watches from Priority Marketing for an undisclosed sum and will take over all of its physical stores and e-commerce sites. According to Deepak Chhabra, MD at Timex India, through the...

Strategies for Aging Gracefully: Promoting Physical and Mental Health in Later Life

May 22, 2023 15:37 pm UTC| Business

Aging is a natural part of life, and as people grow older, health becomes increasingly precious. Its essential to ensure a fulfilling and enjoyable journey through the later stages of life. But aging gracefully requires...

LG Energy Solution Partners With Australia’s Green Technology Metals via Stake Acquisition Deal

May 22, 2023 10:07 am UTC| Business Economy

LG Energy Solution has acquired a 7.98% stake in Australias Green Technology Metals to secure a stable supply channel for lithium. The South Korean battery manufacturing company signed an investment deal with the latter...

Burger King Faces Resistance from Franchisees Over Price Discount Promo

May 22, 2023 09:58 am UTC| Business Economy

Burger King experienced traction with local franchisees in South Korea as they have refused to implement the new price discount promotional event in their store branches. The owners and operators of the BK restaurants in...

Meituan Debuts KeeTa Food Delivery in Hong Kong to Rival Deliveroo, Foodpanda

May 22, 2023 09:14 am UTC| Business Economy

Meituan, formerly known as Meituan-Dianping, is a leading retail company that offers various services, including dining, delivery, and travel. It announced the launching of a new food delivery brand today, Monday, May...

1 2 3 4 5 6 7 8 9 10

Economy

Burger King Ordered to Compensate Injured Customer With Almost $8M Payout

Burger King is set to shell out about $8 million after the court ordered it to pay a customer who was injured at the restaurant. The burger store chains franchisee in Florida has been found guilty of negligence by the...

Nestlé Reveals New Operations Chief to Replace Retiring Magdi Batato

Nestlé SA food and drink company announced it has appointed the new companys head of operations. Effective on July 1, Stephanie Pullings Hart will be the new deputy head of operations, and she will be stationed at...

Asda Reportedly Finalizing £10B Merger Deal With EG Group

Asda is reportedly in the midst of finalizing its merger agreement with UK-based EG Group, which operates filling stations, fast-food outlets, and convenience stores. Reportedly, the deal will include more than 500 million...

Panera Brands Promotes Exec to CEO Post Amid IPO Plans

Panera Brands Inc., an American bakery-cafe chain store, revealed it has promoted one of its high-ranking executives to become its new chief executive officer. The promotion comes as the company reportedly plans for an...

Samsung To Invest ₩30 Billion in Advancing Smart Factories for SMEs

Samsung Electronics Co. will invest 30 billion won over the next three years in its Smart Factory 3.0 project which would transform SMEs manufacturing facilities into smart factories usingartificial intelligence (AI) and...

Politics

Russia-Ukraine War: Russian Troops Replaced Wagner Fighters in Bakhmut

The Ukrainian deputy defense minister said that Russian troops were replacing the Wagner fighters in the eastern city of Bakhmut, where fighting has been taking place the longest. The minister said that Russian troops were...

North Korea Media Criticizes US, South Korea, Japan Missile Warning Agreement

North Korean state media criticized the agreement made between the United States, South Korea, and Japan that would allow the three countries to share information in real-time on the isolated nations missile launches. This...

US: Biden Nominates Air Force Chief as Top General

The White House announced this week that US President Joe Biden has appointed US Air Force Chief Gen. Charles Q. Brown to serve as the next Chairman of the Joint Chiefs of Staff. Brown would become the second Black officer...

Russia-Ukraine War: Norway to Support Joint Training Programs for F-16s

Norway supports the push for joint training programs for Ukrainian pilots to fly F-16 jets. This follows the endorsement by the United States for the training programs with Ukraine, assuring that the jets will not be used...

Japan Scrambles Fighter Jets Following Incursion of Russian 'Intelligence-Gathering' Aircraft

The Japanese defense ministry said it scrambled fighter jets after a Russian intelligence-gathering aircraft was spotted flying over the Pacific Ocean and the Sea of Japan this week. This follows recent incidents,...

Science

Gravitational wave detector LIGO is back online after 3 years of upgrades – how the world's most sensitive yardstick reveals secrets of the universe

After a three-year hiatus, scientists in the U.S. have just turned on detectors capable of measuring gravitational waves - tiny ripples in space itself that travel through the universe. Unlike light waves, gravitational...

Why don't rocks burn?

While many rocks dont burn, some of them do. It depends on what the rocks are made of and thats related to how they were formed. There are three main rock types: igneous, sedimentary and metamorphic. These rocks are...

Quantum physics proposes a new way to study biology – and the results could revolutionize our understanding of how life works

Imagine using your cellphone to control the activity of your own cells to treat injuries and disease. It sounds like something from the imagination of an overly optimistic science fiction writer. But this may one day be a...

You shed DNA everywhere you go – trace samples in the water, sand and air are enough to identify who you are, raising ethical questions about privacy

Human DNA can be sequenced from small amounts of water, sand and air in the environment to potentially extract identifiable information like genetic lineage, gender, and health risks, according to our new...

Theory of everything: how progress in physics depends on asking the right questions

When I began my undergraduate physics degree (around 20 years ago), What is the theory of everything? was a question that I heard often. It was used as a label for how theoretical physicists were trying to develop a deeper...

Technology

Apple Reveals Broadcom Deal to Develop 5G Components

Apple Inc. revealed it has teamed up with Broadcom Inc. for the development of 5G radio frequency parts in the United States. The companies signed a multi-billion deal for the partnership. With the cooperation between...

Apple, Masimo Lawsuit Declared a Mistrial

What is a black box? A computer scientist explains what it means when the inner workings of AIs are hidden

For some people, the term black box brings to mind the recording devices in airplanes that are valuable for postmortem analyses if the unthinkable happens. For others it evokes small, minimally outfitted theaters. But...

AI is changing how Americans find jobs, get promoted and succeed at work

Whether we realize it or not, advancements in artificial intelligence are increasingly influencing the paths of our careers. Advancements in human capital management systems, more strategic and data-driven human...

AI is already being used in the legal system - we need to pay more attention to how we use it

Artificial intelligence (AI) has become such a part of our daily lives that its hard to avoid even if we might not recognise it. While ChatGPT and the use of algorithms in social media get lots of attention, an...

What is Bluesky and how's it different to Twitter?

Amid management changes at Twitter, discontented users are exploring an alternative social media platform called Bluesky. According to media reports, downloads of the Bluesky app surged more than 600% in...