By Aishwarya Jain and Doyinsola Oladipo (Reuters) -Airbnb forecast third-quarter revenue below estimates on Tuesday and warned of shorter booking windows, suggesting travelers were waiting until the l[...]
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August 6, 2024
Morning Bid:’Turnaround Tuesday’ soothes nerves … for now
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors in Asia will be hoping that the recovery in global sentiment and risk assets on Tuesday extends into Wednesday,[...]
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DaVita lifts annual profit forecast on strong kidney dialysis services demand
(Reuters) – Healthcare company DaVita raised its 2024 profit forecast on Tuesday expecting strong demand for its kidney dialysis services, sending shares of the company up 3% in aftermarket trad[...]
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Brazilian planemaker Embraer signs $1 billion credit line deal
SAO PAULO (Reuters) – Brazilian planemaker Embraer signed a five-year $1 billion syndicated credit agreement, the firm said on Tuesday. The agreement is an extension of a $650 million line signe[...]
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Global stocks rebound from sell-off; Treasury yields, dollar higher
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) – Equities around the world rebounded on Tuesday from the previous day’s aggressive sell-off while Treasury yields rose and the[...]
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Computer parts maker Logitech appoints Matteo Anversa as CFO
(Reuters) – Computer accessories maker Logitech International said on Tuesday it has appointed Matteo Anversa as its chief financial officer, effective Sept. 1. He would take over the role from[...]
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Selling from US volatility-linked funds may be drying up after $150 billion dump
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Selling pressure by volatility-linked funds that exacerbated losses in U.S. stocks over recent days may be on track to ease, analysts said. Volatility-l[...]
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Dollar recovers ground, steadies against yen as market frenzy eases
By Hannah Lang and Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar recovered ground against most major peers on Tuesday and the Japanese yen steadied around seven-month highs against the U.S. currenc[...]
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Unwind of massive yen-funded carry has room to go, analysts say
NEW YORK (Reuters) – An epic unwinding of the yen-funded carry trade that has reverberated through global markets may have further to go, analysts said on Tuesday. Days of havoc in global market[...]
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