Day: August 23, 2023

Pandemic, inflation push 68 million more in Asia into extreme poverty – ADB

• Finance

Pandemic, inflation push 68 million more in Asia into extreme poverty – ADB

Reuters August 23, 2023

MANILA (Reuters) – The coronavirus pandemic and rise in cost of living have pushed close to 70...

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Analysis-After limbo, Thailand’s new prime minister faces weakened economy

• Finance

Analysis-After limbo, Thailand’s new prime minister faces weakened economy

Reuters August 23, 2023

By Orathai Sriring and Devjyot Ghoshal BANGKOK (Reuters) – On the campaign trail, Thailand’s new prime minister...

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Nvidia adds jet fuel to AI optimism with record results, $25 billion buyback

• Finance

Nvidia adds jet fuel to AI optimism with record results, $25 billion buyback

Reuters August 23, 2023

By Chavi Mehta, Max A. Cherney and Stephen Nellis (Reuters) -Nvidia far exceeded expectations with its quarterly...

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Foot Locker shares plummet on forecast cut, dividend pause; drags peers

• Finance

Foot Locker shares plummet on forecast cut, dividend pause; drags peers

Reuters August 23, 2023

By Juveria Tabassum (Reuters) -Shares of Foot Locker slumped as much as 36% to a 13-year low...

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Oil edges down as demand woes outweighs big draw in crude stocks

• Finance

Oil edges down as demand woes outweighs big draw in crude stocks

Reuters August 23, 2023

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices dipped 1% on Wednesday as demand woes stemming from a...

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Nvidia rallies as Wall Street anticipates pivotal report

• Finance

Nvidia rallies as Wall Street anticipates pivotal report

Reuters August 23, 2023

By Medha Singh, Noel Randewich (Reuters) -Nvidia shares rallied almost 3% on Wednesday as traders bet the...

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European shares pare gains on economic fears, Swiss stocks outperform on Roche boost

• Finance

European shares pare gains on economic fears, Swiss stocks outperform on Roche boost

Reuters August 23, 2023

By Ankika Biswas and Shashwat Chauhan (Reuters) -European shares closed off their day’s highs on Wednesday on...

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Peloton’s return to positive cash flow hit by bike recall, shares slide

• Finance

Peloton’s return to positive cash flow hit by bike recall, shares slide

Reuters August 23, 2023

(Reuters) -Peloton Interactive said it expects to burn cash in the next two quarters due to costs...

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Italian tourists flock to Albania in key boost for economy

• Finance

Italian tourists flock to Albania in key boost for economy

Reuters August 23, 2023

By Fatos Bytyci and Florion Goga SARANDA, Albania (Reuters) – A waiter in an Albanian restaurant in...

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S&P 500 to end 2023 up 17% but little gains seen between now and year end – Reuters poll

• Finance

S&P 500 to end 2023 up 17% but little gains seen between now and year end – Reuters poll

Reuters August 23, 2023

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks will eke out only marginal gains between now...

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