Finance News
China’s Lenovo shrugs off concerns that global PC market is shrinking

[ad_1] Revenues for the world’s largest PC-maker Lenovo fell for a third consecutive quarter as global demand for personal computers continue to slump, but the company is not worried, says CFO Wong Wai-Ming. “We are number one in PC. Clearly, when the market actually returns back to more normal, we will definitely be growing,” Wong […]

Updated: May 25, 2023
Pasta prices have surged, prompting crisis meetings in Italy and calls for a strike

[ad_1] A plate of spaghetti pasta with Carbonara sauce in Italy. Nico Tondini | Universal Images Group | Getty Images Whether it’s a plate of spaghetti aglio e olio or penne arrabbiata, the price of Italy’s beloved staple is soaring — enough to warrant a crisis meeting at the heart of the Italian government. Pasta […]

Updated: May 23, 2023
Bob Baffert’s National Treasure wins Preakness, hours after another of his horses was euthanized

[ad_1] Bob Baffert choked back tears and his voice cracked while trying to juggle the feelings of one of his horses winning the Preakness Stakes and another being euthanized on the same track. “This business is twists and turns, the ups and downs,” he said. “To win this — losing that horse today really hurt. […]

Updated: May 21, 2023
Outperforming fund manager is bullish on these cybersecurity stocks

[ad_1] Cybersecurity is one area that presents an opportunity for investors right now, according to portfolio manager Philip Ripman of Storebrand Asset Management. “I think various areas within the market are still attractive, especially within the cybersecurity areas,” he told CNBC Pro Talks on Wednesday. It’s one area that still hasn’t “experienced that kind of […]

Updated: May 18, 2023
Japan Topix at highest point since 1990

[ad_1] A general view shows the skyline of the city as people stand on the observation deck of Roppongi Hills to watch the full moon, in Tokyo on September 21, 2021. (Photo by Philip FONG / AFP) (Photo by PHILIP FONG/AFP via Getty Images) Philip Fong | Afp | Getty Images Japan’s Topix Index hit […]

Updated: May 17, 2023
Thai stocks reverse gains as opposition parties secure strong majority in election

[ad_1] A man reads a Thai newspaper featuring front page coverage of Thailand’s general election at a newsstand in Bangkok on May 15, 2023. (Photo by Lillian SUWANRUMPHA / AFP) (Photo by LILLIAN SUWANRUMPHA/AFP via Getty Images) Lillian Suwanrumpha | Afp | Getty Images Thai stocks rose briefly while the Thai baht gave up early […]

Updated: May 15, 2023
Good news for markets next week. Everyone agrees the debt ceiling ‘X date’ is not here yet

[ad_1] Washington can hardly agree on anything, but the consensus everywhere is that the “X date,” when the Treasury can no longer pay the government’s bills unless the debt ceiling is raised, won’t arrive any earlier than June 1 — and maybe not for weeks after. Good news for markets next week: no default, no […]

Updated: May 12, 2023
Consumer prices in China rose 0.1% in April, the slowest rate in two years

[ad_1] The People’s Bank of China (PBOC) building in Beijing, China, on Tuesday, April 18, 2023. China’s economy grew at the fastest pace in a year in the first quarter, putting Beijing on track to meet its growth goal for the year without adding major stimulus, while also helping to cushion the global economy against […]

Updated: May 11, 2023
China’s exports rose 8.5%, continuing its growth streak at a slower pace

[ad_1] QINGDAO, CHINA – MAY 06: Aerial view of illuminated Qingdao Qianwan Container Terminal at dusk on May 6, 2023 in Qingdao, Shandong Province of China. Vcg | Visual China Group | Getty Images China’s exports grew 8.5% in April in U.S. dollar terms, marking a second-straight month of growth, while imports fell 7.9% compared […]

Updated: May 9, 2023
Police responding to shooting at Texas mall, multiple injured

[ad_1] Shoppers leave as police respond to a shooting in the Dallas area’s Allen Premium Outlets, which authorities said has left multiple people injured in Allen, Texas, U.S. May 6, 2023 in a still image from video. ABC Affiliate WFAA | Via Reuters Police are responding to a shooting in a suburban Dallas mall on […]

Updated: May 6, 2023