Business
Japan's corporate service inflation perks up in March
TOKYO (Reuters) - Japan's annual business-to-business service inflation accelerated for the second month to hit 2.3% in March, data showed on Wednesday, suggesting firms continued to pass on rising labour costs thanks to prospects for sustained ...
UK pay settlements edge lower in first quarter, industry survey shows
LONDON (Reuters) - British employers reached slightly lower pay settlements with staff in the three months to the end of March, although early figures for April suggest they picked up again, an industry survey showed on Wednesday. Median basic ...
Musk's X Corp appeals dismissal of lawsuit against anti-hate group
(Reuters) - Elon Musk's X appealed the dismissal of its lawsuit against the nonprofit Center for Countering Digital Hate, which faulted him for letting hate speech spread on the social media platform once known as Twitter. X filed a notice of ...
Australia's Lynas Rare Earths' Q3 sales revenue falls 58%
(Reuters) - Australia's Lynas Rare Earths posted a 58.3% drop in its third-quarter sales revenue on Wednesday, hurt by subdued prices for rare earths and increased output in China, a dominant producer, further weighing on demand. The world's ...
First Quantum Minerals cuts debt by over $1 billion in first quarter
(Reuters) - Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1.14 billion in the first quarter. The company in February had announced a series of capital restructuring measures that would strengthen its balance ...
US is reviewing risks of China's use of RISC-V chip technology
By Stephen Nellis (Reuters) - The U.S. Department of Commerce is reviewing the national security implications of China's work in open-source RISC-V chip technology, according to a letter sent to U.S. lawmakers. RISC-V, pronounced "risk five," ...
LME moves to stop gaming of Russian aluminium sanctions-based rule
LONDON (Reuters) - The London Metal Exchange (LME) moved on Tuesday to stop traders from taking Russian aluminium from its approved warehouses and returning it at a later date to profit from rule changes to comply with new sanctions. The U.S. and ...
Clarenville's SubC Imaging gets nearly $500K in N.L. government funding for new ROV project
Clarenville-based SubC Imaging is set to make more waves in the ocean tech sector with $467,500 in provincial funding. The firm is contributing matching funds for a project to develop a new underwater multi-channel inspection system for ROVs, ...
Risk asset resilience, Indonesia's rate call
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Investors continue to breathe life back into risky assets, paving the way for a positive market open in Asia on Wednesday as attention in the region turns to the latest ...
CBRM seeks land-use bylaw change for supportive housing units
SYDNEY, N.S. — A municipal bylaw change may be in the works that would allow secondary housing units on a single-family residential lot to apply to properties deemed as supportive housing. Currently, the Cape Breton Regional Municipality’s land-use ...