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The Cheap Investor

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June 5, 2023

  • Headlines
  • Reuters

Oil Up $1 On Saudi Plan To Deepen Output Cuts From July

The Cheap InvestorJune 5, 20230

By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices were up $1 a barrel on Monday after top global…

  • Asia
  • Australia

PwC Australia names dozens of staff involved in government tax plan leak

The Cheap InvestorJune 5, 2023June 5, 20230

By Lewis Jackson SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia on Monday named at least 67 current and former staff involved…

  • Asia
  • Australia

Qantas sees air fares slipping off highs as capacity returns

The Cheap InvestorJune 5, 2023June 5, 20230

ISTANBUL (Reuters) – Air fares are moderating as capacity returns to the global airline network after the pandemic, Qantas Chief…

  • Asia
  • Business

Take Five: Almost half-time

The Cheap InvestorJune 5, 2023June 5, 20230

(Reuters) -The hefty weight of tech megacaps, a suspense-packed OPEC meeting at the weekend and more pain for consumers and…

  • Business
  • Economy

Russian services activity rises for fourth month running in May -PMI

The Cheap InvestorJune 5, 2023June 5, 20230

(Reuters) – Activity across Russia’s services sector expanded in May, spurred by another rise in new business and renewed strength…

  • Business
  • Economy

Novo Nordisk in talks buy controlling stake in Biocorp

The Cheap InvestorJune 5, 2023June 5, 20230

(Reuters) – Danish drug developer Novo Nordisk said on Monday it had started talks to buy a controlling stake in…

  • Business
  • Economy

Goldman Sachs Asset Management makes $600 million bid for Norway’s Froy

The Cheap InvestorJune 5, 2023June 5, 20230

OSLO (Reuters) – Goldman Sachs Asset Management (GSAM) has offered 6.6 billion Norwegian crowns ($598.8 million) in cash to buy…

  • Business
  • Economy

Morgan Stanley sees ECB ending its rate hike cycle in July at 3.75%

The Cheap InvestorJune 5, 2023June 5, 20230

PARIS (Reuters) – U.S. investment bank Morgan Stanley said on Monday that it expected the European Central Bank (ECB) to…

  • Headlines
  • Reuters

UBS Expects To Seal Credit Suisse Takeover As Soon As June 12

The Cheap InvestorJune 5, 20230

By John Revill ZURICH (Reuters) – UBS said on Monday it expected to complete its takeover of Credit Suisse “as…

  • Asia
  • Politics

Police detain 23 people in Hong Kong on Tiananmen anniversary

The Cheap InvestorJune 5, 2023June 5, 20230

By Jessie Pang and Ben Blanchard HONG KONG/TAIPEI (Reuters) – Hong Kong police said they detained 23 people on Sunday…

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