China was reducing Micron chip purchases years before ban

(Reuters) – In the years before China declared U.S. firm Micron Technology (NASDAQ:MU)’s products a national security risk, authorities were…

  • May 24, 2023
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More tech investment needed to prevent aviation accidents – US safety board

(Reuters) – The U.S. needs to invest more in aviation safety technology solutions after a series of close-call runway incidents…

  • May 24, 2023
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Abbott, other formula makers face FTC investigation for collusion – WSJ

(Reuters) – The U.S. Federal Trade Commission is investigating whether baby-formula makers colluded on bids for attractive state contracts, the…

  • May 24, 2023
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China’s Lenovo revenue falls for third consecutive quarter as PC demand slumps

(Reuters) – China’s Lenovo Group (OTC:LNVGY) Ltd on Wednesday reported a 24% fall in revenue for the January-March quarter, meeting…

  • May 24, 2023
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Exclusive-Fast-fashion giant Shein plans Mexico factory – sources

(Reuters) – Online fashion giant Shein is exploring plans to build a factory in Mexico, as one of its manufacturing…

  • May 24, 2023
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Column-World balance sheet may need AI-style productivity leap: Mike Dolan

(Reuters) – Hype or hope, this year’s boom in artificial intelligence along with other productivity-enhancing tech developments may be one…

  • May 24, 2023
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HSBC, Citi, Deutsche Bank, Morgan Stanley and RBC traders may have broken competition law, watchdog finds

(Reuters) -Britain’s Competition and Markets Authority said on Wednesday it had provisionally found five major global banks allegedly broke UK…

  • May 24, 2023
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Ukraine says Russia prevents Black Sea grain deal port operating

(Reuters) – The Ukrainian port of Pivdennyi has halted operations because Russia is not allowing ships to enter it, in…

  • May 23, 2023
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Standard Chartered CEO: Credit Suisse sale to UBS was ‘surprising’

(Reuters) – Standard Chartered (OTC:SCBFF) CEO Bill Winters on Tuesday said the sale of Credit Suisse to UBS was “surprising”.…

  • May 23, 2023
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Apple inks multi-billion-dollar deal with Broadcom for U.S.-made chips

(Reuters) – Apple Inc on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom (NASDAQ:AVGO) Inc to use…

  • May 23, 2023
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