White House criticizes Republicans, says ‘preventing default’ is not a concession
By Andrea Shalal and Nandita Bose WASHINGTON (Reuters) -The White House on Wednesday criticized Republicans and said averting default is…
Business
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…
Nvidia’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…
Nvidia 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…
Japan 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…
Apollo 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…
Ackman 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…
American 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…
Airbus 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…
Marketmind: U.S. default risk clouds Korea, Indonesia rate decisions
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The central banks…