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June 2023

  • Business
  • Canada

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…

  • Headlines
  • Reuters

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…

  • Business
  • Economy

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…

  • Africa
  • Economy

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,…

  • Asia
  • Economy

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…

  • Politics
  • Top 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…

  • Economy
  • Latin 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…

  • Business
  • Economy

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…

  • Economy
  • Europe

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…

  • Business
  • Economy

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,…

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