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February 2023

First Abu Dhabi Bank Says Not Evaluating Offer For Standard Chartered
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  • Reuters

First Abu Dhabi Bank Says Not Evaluating Offer For Standard Chartered

The Cheap InvestorFebruary 9, 20230

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
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Asia Stocks Head For Second Weekly Loss As Fed Rate Worries Flare

The Cheap InvestorFebruary 9, 20230

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
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China Factory Gate Prices Slow In January, CPI Rises

The Cheap InvestorFebruary 9, 20230

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%
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Lyft Says Lower Prices To Hit Profit, Shares Drop 30%

The Cheap InvestorFebruary 9, 20230

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
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U.S. 5G Airplane Upgrade Rules May Cost Industry $637 Million -IATA

The Cheap InvestorFebruary 9, 20230

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
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Expedia Profit Misses As Severe Weather Weighs On Holiday Quarter

The Cheap InvestorFebruary 9, 20230

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
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News Corp Announces Job Cuts, Misses Estimates For Earnings

The Cheap InvestorFebruary 9, 20230

(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
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Wall St Dips As Treasury Yields Rise; Disney Hits 5-month High

The Cheap InvestorFebruary 9, 20230

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
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U.S. Judge Extends FTX Founder Sam Bankman-Fried’s Bail Restrictions

The Cheap InvestorFebruary 9, 20230

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
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Oil Prices Fall As U.S. Crude, Fuel Inventories Swell

The Cheap InvestorFebruary 9, 20230

By Laila Kearney NEW YORK (Reuters) -Crude prices eased on Thursday as the devastating earthquake that struck the Middle East…

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