BusinessCanada Canadian oil producer Suncor Energy to cut 1,500 jobs under new CEO The Cheap InvestorJune 2, 2023June 2, 20230 (Reuters) – Canada’s second-biggest oil producer Suncor Energy has told employees it plans to cut 1,500 jobs this year, two…
HeadlinesReuters US SEC To Dismiss 42 Enforcement Cases After Internal Data Mishap The Cheap InvestorJune 2, 20230 By Pete Schroeder WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission announced Friday it had dismissed 42 pending enforcement…
BusinessEconomy Fitch keeps U.S. credit rating on negative watch despite debt limit deal The Cheap InvestorJune 2, 2023June 2, 20230 (Reuters) -The United States’ “AAA” credit rating will remain on negative watch, despite a debt limit agreement that will allow…
AfricaEconomy Nigeria’s central bank auctions FX at 645 naira, weaker than spot rate The Cheap InvestorJune 2, 2023June 2, 20230 By Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s central bank has sold the dollar at 645 naira at its latest auction,…
AsiaEconomy Argentina doubles China currency swap access to $10 billion The Cheap InvestorJune 2, 2023June 2, 20230 By Eliana Raszewski BUENOS AIRES (Reuters) -Argentina has signed a deal to renew its currency swap line with China and…
PoliticsTop News North Carolina’s Fort Bragg sheds Confederate name, becomes Fort Liberty The Cheap InvestorJune 2, 2023June 2, 20230 (Reuters) – Fort Bragg, the U.S. Army base in North Carolina that is among the world’s largest military installations, was…
EconomyLatin America Brazil’s central bank chief opposes creation of common currency The Cheap InvestorJune 2, 2023June 2, 20230 BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto expressed his opposition on Friday to the creation of a…
BusinessEconomy Analysis-Risk of US downgrade still on the cards despite debt deal The Cheap InvestorJune 2, 2023June 2, 20230 By Davide Barbuscia NEW YORK (Reuters) -While a U.S. default on its debt has been averted, the possibility of another…
EconomyEurope US says more nuclear arms not needed to deter Russia, China The Cheap InvestorJune 2, 2023June 2, 20230 By Jonathan Landay and Arshad Mohammed WASHINGTON (Reuters) – The United States does not need more nuclear weapons to deter…
BusinessEconomy Orpea draws first 200 million euros from new financing as restructuring plan continues The Cheap InvestorJune 2, 2023June 2, 20230 (Reuters) – French company Orpea, hit by allegations of malpractice at its care homes and a sharp drop in valuation,…