Chinese snap up lottery tickets amid economic gloom
BEIJING (Reuters) – April sales of Chinese lottery tickets jumped to their highest in a decade, data showed on Wednesday,…
Business
Australia refers PwC tax document leak scandal to police
By Lewis Jackson SYDNEY (Reuters) -The Australian Treasury has referred a confidential document leak scandal involving professional services firm PricewaterhouseCoopers…
China’s Lenovo quarterly revenue hit by PC demand slump
By Josh Ye HONG KONG (Reuters) -Lenovo’s fourth quarter revenue fell 24% and it cut 8% to 9% of its…
Cayman Islands regulator explores legal options after Silicon Valley Bank deposit seizure – WSJ
(Reuters) – The Cayman Islands Monetary Authority (CIMA) is exploring legal options after the U.S. Federal Deposit Insurance Corp seized…
Bank of Montreal quarterly profit rises on higher interest income
(Reuters) – Bank of Montreal’s second-quarter profit jumped as higher interest rates shored up the lender’s net interest income, the…
U.S. silicon photonics chip startup Ayar Labs gets AI funding boost
By Jane Lanhee Lee OAKLAND, California (Reuters) – Silicon Valley chip startup Ayar Labs raised another $25 million after its…
Analysis-US retailer holiday orders should boost transport demand, but risks loom
By Lisa Baertlein LOS ANGELES (Reuters) – The slumping U.S. transportation sector could be bouncing off a bottom as retailers…
Marketmind: Fears of 6% and US debt jam
A look at the day ahead in U.S. and global markets from Mike Dolan World markets are finally bracing for…
UK inflation falls by less than expected, heaping pressure on BoE
By Andy Bruce and William Schomberg LONDON (Reuters) -Britain’s stubbornly high inflation rate fell by less than expected last month…
China was reducing Micron chip purchases years before ban
By Eduardo Baptista BEIJING (Reuters) – In the years before China declared U.S. firm Micron Technology’s products a national security…