By Andrea Shalal and Nandita Bose WASHINGTON (Reuters) -The White House on Wednesday criticized Republicans and said averting default is the responsibility of every single member of Congress and that[...]
Read moreMay 24, 2023
SingTel’s annual net profit jumps on mobile growth, 5G adoption
(Reuters) -Singapore Telecommunications on Thursday posted a 14% jump in full-year net profit, as its core businesses benefited from a recovery in international travel and roaming as well as rising 5G[...]
Read moreNvidia’s results spark nearly $300 billion rally in AI stocks
By Noel Randewich and Sinéad Carew (Reuters) -Stocks related to artificial intelligence surged in extended trade on Wednesday, adding almost $300 billion in market capitalization after chipmaker Nvidi[...]
Read moreNvidia shares soar nearly 30% as sales forecast jumps and AI booms
By Chavi Mehta and Stephen Nellis (Reuters) -Nvidia Corp on Wednesday forecast second-quarter revenue more than 50% above Wall Street estimates, and said it is boosting supply to meet surging demand f[...]
Read moreJapan firms feel ‘sense of crisis’ over falling birthrate – Reuters poll
By Tim Kelly TOKYO (Reuters) – More than nine out of 10 Japanese firms feel a sense of crisis about the country’s accelerating birthrate decline, with few hopeful that Prime Minister Fumio[...]
Read moreApollo co-founder Leon Black wins dismissal of rape accuser’s lawsuit
By Jonathan Stempel NEW YORK (Reuters) – A New York state judge on Wednesday dismissed a lawsuit accusing Apollo Global Management Inc billionaire co-founder Leon Black of defaming a woman by fa[...]
Read moreAckman calls out Icahn’s IEP over high premium after Hindenburg report
(Reuters) – Bill Ackman questioned the valuation of Carl Icahn’s flagship firm as he took another jab at his old rival, whose company has become the target of short-seller Hindenburg Resea[...]
Read moreAmerican Eagle cuts annual revenue forecast on weak apparel demand
By Anne Florentyna Gnanaraja Sekar and Ananya Mariam Rajesh (Reuters) -American Eagle Outfitters Inc cut its full-year revenue forecast on Wednesday, as demand for non-essentials, including apparel, s[...]
Read moreAirbus rules out imminent launch of new A220 jet version
By Tim Hepher PARIS (Reuters) -Airbus is not looking to launch a stretched version of its A220 jetliner in the current environment, the planemaker said on Wednesday, effectively knocking down speculat[...]
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