Pick n Pay's debt jumps after accounting changes

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Pick n Pay's debt jumps after accounting changes

Retailer Pick n Pay said on Wednesday its total debt had increased to R17bn from R1.6bn for the 53 weeks ended March 3, as a result of accounting
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Latham & Watkins Secures $666M Award for Client in Hewlett Packard Accounting Dispute

The U.S. District Court for the Southern District of New York has unsealed an award from a New York arbitration panel that directs Hewlett Packard
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UPDATE 1-New Zealand central bank stands pat, flags scope for more stimulus

… * RBNZ holds rate at record-low 1%, flags scope for more stimulus. * Says rates can be expected to be “low for longer”. * NZ dollar edges up after announcement (Adds detail from c.bank statement, analyst comment & context). WELLINGTON, Sept 25 …
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Lordstown Plant Is Idle, but It Hovers Over GM Strike Talks

In its negotiations with the striking United Auto Workers union, General Motors has put a seemingly tantalizing offer on the table: It has proposed building a new plant in Ohio to produce batteries for some of the one million electric cars it hopes to sell globally …
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Alibaba unveils its first AI chip as China pushes for its own semiconductor technology

Alibaba unveiled its first chip to power artificial intelligence (AI) processes on Tuesday. The move could boost its already fast-growing cloud computing business and signals China’s growing ambitions in developing its own homegrown semiconductor industry.
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