Category Archives:
Lenovo stock drops 17% after withdrawing Shanghai listing application
SHANGHAI (Reuters) - Lenovo Group Ltd saw its stock fall more than 17% on Monday, its biggest intraday decline in over a decade, after the Chinese technology giant withdrew its application for a 10 bi...
Oct 11, 2021
United States has lost AI battle to China, Pentagon’s ex-software chief says
LONDON (Reuters) - The United States has already lost the artificial intelligence battle to China which is heading towards global dominance because of its advances in a emerging cyber capabilities, th...
Oct 11, 2021
Biden’s Treasury hobbled by Cruz’s nomination blocks over Nord Stream 2 -officials
By Andrea Shalal WASHINGTON (Reuters) - The U.S. Treasury is being held hostage by Republican Senator Ted Cruz's efforts to halt a Russia-to-Germany gas pipeline, blocking critical appointments when t...
Oct 11, 2021
U.S. earnings seen strong, but supply chains and costs worry investors
By Caroline Valetkevitch NEW YORK (Reuters) - Investors are primed for another period of strong U.S. profit growth as third-quarter reports from Corporate America flow in starting next week. But as bu...
Oct 11, 2021
Singapore to forge on with economic recovery, central bank on hold
SINGAPORE (Reuters) - Singapore's economy will stay on its recovery path in the third quarter but the global spread of the Delta coronavirus variant has clouded the outlook and will likely prompt the ...
Oct 10, 2021
More Japan households see higher inflation a year from now – BOJ survey
TOKYO (Reuters) - The ratio of Japanese households that expect prices to rise a year from now stood at 68.2% in September, up from 66.8% three months ago, a quarterly central bank survey showed on Mon...
Oct 10, 2021
Emerson plans $11 billion merger of 2 software units with AspenTech – WSJ
(Reuters) -Manufacturing giant Emerson Electric Co plans to merge two of its software businesses with Aspen Technology Inc in a roughly $11 billion deal, the Wall Street Journal reported on Monday, ci...
Oct 10, 2021
China Evergrande bondholders brace for Monday’s coupon deadline
By Andrew Galbraith SHANGHAI (Reuters) - Offshore bondholders of beleaguered developer China Evergrande Group were on Monday bracing for news on more than $148 million in looming bond coupon payments ...
Oct 10, 2021
Southwest cancels many flights, blames weather and air traffic control issues
(Reuters) - Southwest Airlines Co cancelled at least 30% of its scheduled flights on Sunday, a second straight day of heavy cancellations, data from flightaware.com https://flightaware.com/live/cancel...
Oct 10, 2021
China’s Ant Group increases registered capital by 47% to $5.4 billion
BEIJING (Reuters) - China's Ant Group has raised its registered capital to 35 billion yuan ($5.44 billion) from 23.8 billion yuan, public business registration records showed, as the fintech giant con...
Oct 10, 2021
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