Lenovo Q1 revenue misses, hit by poor PC demand
HONG KONG (Reuters) -China's Lenovo Group on Thursday posted a worse-than-expected 24% fall in revenue for the April-June quarter, hit
2023-08-17 12:51
China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG
The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure
2023-08-17 11:29
Central banks of Indonesia and Singapore start trial on cross-border QR code payments
JAKARTA Indonesia's central bank said on Thursday it had started a trial of cross-border QR code payments with
2023-08-17 10:53
Fact check: Biden tells three false personal anecdotes in economic speech
President Joe Biden made three false claims about his own past in a Tuesday speech in Milwaukee.
2023-08-17 07:29
Fitch downgrades Ecuador's foreign currency rating deeper into junk
Global ratings agency Fitch downgraded Ecuador deeper into junk territory on Wednesday, citing financing risks arising from a
2023-08-17 07:24
Synopsys names insider Ghazi as CEO, forecasts stronger fourth quarter
By Jaspreet Singh and Max A. Cherney Chip design software company Synopsys on Wednesday named 25-year-veteran Sassine Ghazi
2023-08-17 06:30
PayPal to halt UK crypto sales until 2024
By Elizabeth Howcroft LONDON Payments giant PayPal will stop allowing UK customers to buy cryptocurrencies through its platform
2023-08-17 02:50
Dan Och Says Rithm Deal ‘Substantially Undervalues’ Sculptor
Dan Och said the deal for Rithm Capital Corp. to buy Sculptor Capital Management “substantially undervalues” the hedge
2023-08-17 01:46
Maker of $400 Golf Putter Tumbles After Surging 624% in Stock Debut
Sacks Parente Golf Inc.’s shares tumbled as much as 83%, erasing almost all of the big first-day gains
2023-08-17 01:29
China's Tencent revenue growth below expectations; gaming falls short
By Josh Ye HONG KONG (Reuters) -Revenue growth for Chinese social media and gaming giant Tencent Holdings was smaller than
2023-08-16 23:29
Visa's pricing of token technology under DOJ probe - Bloomberg News
(Reuters) -Visa is under fresh investigation by the U.S. Department of Justice over allegations it is charging retailers more for
2023-08-16 23:28
Italy's bad loan proposal alarms investors
By Valentina Za and Angelo Amante MILAN A proposed law by Italian Prime Minister Giorgia Meloni's party to
2023-08-16 23:22