(Reuters) -Hindenburg Research on Tuesday disclosed a short position in Super Micro Computer and alleged “accounting manipulation” at the AI server maker, the latest by the short seller wh[...]
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US house prices fall on monthly basis in June
WASHINGTON (Reuters) – U.S. single-family home prices fell in June, leading to the smallest annual increase in nearly a year, as higher mortgage rates pushed buyers to the sidelines and boosted[...]
Read moreFailed sale, appraisal delays behind first loss on a AAA bond since 2008 crisis
By Shankar Ramakrishnan August 27 (Reuters) – A failed attempt to sell a New York City office tower helped cause more than a year-long delay for two credit rating agencies to downgrade a commerc[...]
Read moreRyanair’s O’Leary says new Boeing management ‘continue to disappoint’
By Kate Abnett and Bart Biesemans BRUSSELS (Reuters) – Ryanair Group Chief Executive Michael O’Leary on Tuesday said that Boeing’s new management “continue to disappoint”[...]
Read moreFactbox-Airlines suspend flights as Middle East tensions rise
(Reuters) -Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that h[...]
Read moreChina’s JD.com announces $5 billion share buyback plan
(Reuters) -JD.com said on Tuesday its board has approved a new $5 billion share repurchase program, effective September, allowing the Chinese e-commerce giant to buy back its stock over the next 36 mo[...]
Read moreEdgar Bronfman Jr. drops bid, paving way for Paramount’s takeover by Skydance Media
(Reuters) – Media veteran Edgar Bronfman Jr. has withdrawn from the race for Paramount Global, clearing the way for Skydance Media to take control of Shari Redstone’s empire and ending one[...]
Read moreSwiss launch instant payments to catch up with Europe
By John Revill ZURICH (Reuters) -Swiss companies and consumers are now able to make instant electronic payments, catching up with other European financial centres where the ultra-fast transfers are in[...]
Read moreNvidia sales likely doubled – even that may not impress investors
By Arsheeya Bajwa (Reuters) – Nvidia is likely to report on Wednesday that its second-quarter revenue more than doubled. But investors used to its blockbuster results will be expecting even more[...]
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