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May 2023

  • Business
  • Economy

Weakest European firms face highest amount of maturing debt since 2015 – DB

The Cheap InvestorMay 23, 2023May 23, 20230

By Chiara Elisei LONDON (Reuters) – The share of lower-rated European junk debt coming due within the next three years…

  • Business
  • Economy

IMF says Britain no longer faces recession this year

The Cheap InvestorMay 23, 2023May 23, 20230

By David Milliken and Sarah Young LONDON (Reuters) -The International Monetary Fund no longer expects a recession in Britain this…

  • Business
  • Economy

BoE’s Bailey says ‘big lessons’ to be learned from UK inflation surge

The Cheap InvestorMay 23, 2023May 23, 20230

By William Schomberg and Andy Bruce LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Tuesday the British central…

  • Asia
  • Politics

China’s Xi calls for ‘new socialist Tibet’ – Xinhua

The Cheap InvestorMay 23, 2023May 23, 20230

BEIJING (Reuters) – China’s President Xi Jinping on Tuesday called on Tibet to build a prosperous, harmonious and “new socialist…

  • Business
  • US

Auto parts retailer AutoZone misses Q3 sales estimates on inventory pile-up

The Cheap InvestorMay 23, 2023May 23, 20230

(Reuters) – Auto parts retailer AutoZone Inc missed expectations for third-quarter net sales on Tuesday, as increased prices of automobile…

  • Headlines
  • Reuters

Lowe’s Reinforces Wavering Home Improvement Demand With Forecast Cuts

The Cheap InvestorMay 23, 20230

By Deborah Mary Sophia (Reuters) -Lowe’s Cos Inc cut its annual sales and profit forecasts on Tuesday, joining larger rival…

  • Asia
  • Business

European shares face bumpy ride to new highs in 2024: Reuters poll

The Cheap InvestorMay 23, 2023May 23, 20230

By Danilo Masoni and Lucy Raitano MILAN/LONDON (Reuters) – Concerns over recession and sticky inflation will weigh on European shares…

  • Business
  • Economy

S&P 500 seen dipping between now and year-end: Reuters poll

The Cheap InvestorMay 23, 2023May 23, 20230

By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 index of U.S. shares will slip marginally between now and…

  • Canada
  • Economy

Western Canada oil a major theme in Alberta politics a week ahead of vote

The Cheap InvestorMay 23, 2023May 23, 20230

By Steve Scherer OTTAWA (Reuters) – The fortunes of Alberta’s politicians often go hand-in-hand with the Western Canadian province’s oil…

  • Headlines
  • Reuters

Alibaba’s Cloud Unit To Cut 7% Of Staff – Bloomberg News

The Cheap InvestorMay 23, 20230

(Reuters) – Alibaba Group Holding Ltd’s cloud unit has started a round of job cuts that could slash its staff…

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