February 9, 2023
First Abu Dhabi Bank Says Not Evaluating Offer For Standard Chartered
SINGAPORE (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, said on Friday that it was…
Asia Stocks Head For Second Weekly Loss As Fed Rate Worries Flare
By Kevin Buckland TOKYO (Reuters) – Asia-Pacific stocks fell on Friday, slumping toward a second weekly loss as investors fretted…
China Factory Gate Prices Slow In January, CPI Rises
BEIJING (Reuters) – China’s January factory gate prices fell more than economists expected, suggesting that flashes of domestic demand that…
Lyft Says Lower Prices To Hit Profit, Shares Drop 30%
By Nivedita Balu (Reuters) – Lyft Inc on Thursday forecast current-quarter profit far below Wall Street targets as the ride-hailing…
U.S. 5G Airplane Upgrade Rules May Cost Industry $637 Million -IATA
By David Shepardson WASHINGTON (Reuters) -Proposed U.S. requirements to retrofit airplane altimeters to ensure they are not susceptible to 5G…
Expedia Profit Misses As Severe Weather Weighs On Holiday Quarter
By Doyinsola Oladipo and Shivansh Tiwary (Reuters) -Online travel booking company Expedia Group Inc missed Wall Street estimates for fourth-quarter…
News Corp Announces Job Cuts, Misses Estimates For Earnings
(Reuters) -Media conglomerate News Corp said on Thursday that it would cut 1,250 jobs after it missed estimates for second-quarter…
Wall St Dips As Treasury Yields Rise; Disney Hits 5-month High
By Carolina Mandl (Reuters) – U.S. stock indexes turned lower on Thursday afternoon as Treasury yields rose after an auction,…
U.S. Judge Extends FTX Founder Sam Bankman-Fried’s Bail Restrictions
By Luc Cohen NEW YORK (Reuters) – A U.S. judge on Thursday extended a ban on FTX cryptocurrency exchange founder…
Oil Prices Fall As U.S. Crude, Fuel Inventories Swell
By Laila Kearney NEW YORK (Reuters) -Crude prices eased on Thursday as the devastating earthquake that struck the Middle East…