BusinessEconomy Services drive acceleration in German business activity in April – flash PMI The Cheap InvestorApril 21, 2023April 21, 20230 BERLIN (Reuters) – German business activity expanded for a third month running in April, boosted by a services sector revival…
AsiaBusiness Japan carrier ANA Holdings raises profit estimate on cheaper fuel, yen rise The Cheap InvestorApril 21, 2023April 21, 20230 TOKYO (Reuters) – Japan’s largest airline ANA Holdings Inc on Friday raised its profit estimate for the just-ended fiscal year,…
BusinessEconomy Holcim shrugs off interest rate fears to raise guidance The Cheap InvestorApril 21, 2023April 21, 20230 By John Revill ZURICH (Reuters) -Holcim AG shrugged off concerns about rising interest rates dampening building industry demand as the…
HeadlinesReuters Glencore Copper Output Dips, Expects Strong Trading Profit The Cheap InvestorApril 21, 20230 LONDON (Reuters) -Glencore on Friday reported lower copper, zinc and nickel production in the first quarter but said it expects…
BusinessEconomy Rainy March dampens shopper spending in Britain The Cheap InvestorApril 21, 2023April 21, 20230 LONDON (Reuters) -British retail sales fell by a greater-than-expected 0.9% in March from February, official figures showed on Friday, with…
Business Carlyle eyes fresh backers for McDonald’s China arm – Bloomberg News The Cheap InvestorApril 21, 2023April 21, 20230 (Reuters) -Carlyle Group Inc is considering bringing in fresh backers for its investment in McDonald’s Corp’s China operations, seeking a…
AsiaBusiness At Shanghai show, auto rivals lure drivers with in-car karaoke, crystal balls The Cheap InvestorApril 21, 2023April 21, 20230 By Casey Hall SHANGHAI (Reuters) – Automakers keen to make a splash at the Shanghai auto show showed off vehicles…
BusinessEconomy Italy may ratify EU bailout fund reform “if turned into growth instrument” – Meloni The Cheap InvestorApril 21, 2023April 21, 20230 ROME (Reuters) – Italy is ready to consider ratifying the reform of the euro zone’s bailout fund (ESM) for countries…
AsiaEconomy BofA joins others in raising China’s 2023 GDP growth forecast after strong Q1 The Cheap InvestorApril 21, 2023April 21, 20230 (Reuters) -BofA Global Research and other banks raised their forecast for China’s 2023 gross domestic product (GDP) growth this week,…
HeadlinesReuters Mining M&A Spree To Keep Australia Dealmaking Humming After $37 Billion In First Quarter The Cheap InvestorApril 21, 20230 By Melanie Burton and Scott Murdoch MELBOURNE (Reuters) – As automakers and chemicals suppliers scramble to secure raw materials, resource-rich…