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July 2023

  • Europe
  • Top News

EU ministers back more Ukraine aid, but differ on other spending

The Cheap InvestorJuly 14, 2023July 14, 20230

BRUSSELS (Reuters) – European Union finance ministers on Friday unanimously backed extra funds for Ukraine through a top-up of its…

  • US

New York City facing 446 megawatt shortfall by summer 2025

The Cheap InvestorJuly 14, 20230

(Reuters) – New York City could experience a 446 megawatt power supply shortfall starting summer 2025, fueled by forecasts of…

  • Business

BlackRock’s shares edge lower as inflows slow

The Cheap InvestorJuly 14, 2023July 14, 20230

By Jaiveer Shekhawat and Carolina Mandl (Reuters) -BlackRock Inc, the world’s biggest asset manager, handily beat second-quarter profit estimates but…

  • Economy
  • Latin America

Brazil to renegotiate low-income debt using state guarantees from September

The Cheap InvestorJuly 14, 2023July 14, 20230

BRASILIA (Reuters) -Brazil is to launch a debt renegotiation program for millions of lower-income individuals using state guarantees in September,…

  • Business

Investors in VinFast’s SPAC cash out most shares

The Cheap InvestorJuly 14, 2023July 14, 20230

HANOI (Reuters) -Shareholders of Black Spade Acquisition, a special purpose acquisition company (SPAC) that has plans to merge with Vietnam’s…

  • Business
  • Economy

S&P 500 Q2 earnings now seen down 8.1% yr-over-yr; 6.4% decline seen week ago-Refinitiv

The Cheap InvestorJuly 14, 2023July 14, 20230

NEW YORK (Reuters) – S&P 500 company aggregate earnings for the second quarter are now seen down 8.1% from the…

  • Asia
  • Business

Rupee-UAE dirham trade mechanism may launch during Modi visit Saturday -sources

The Cheap InvestorJuly 14, 2023July 14, 20230

By Nidhi Verma, Shivangi Acharya and Krishn Kaushik NEW DELHI (Reuters) – India and the United Arab Emirates may announce…

  • Asia
  • Economy

No sign of Russian intent to change tack on Ukraine war, Blinken says

The Cheap InvestorJuly 14, 2023July 14, 20230

By Kate Lamb and Stanley Widianto JAKARTA (Reuters) – Russia shows no sign of changing direction in its war on…

  • Business
  • Economy

Citigroup profit drops 36% on trading slump, rising expenses

The Cheap InvestorJuly 14, 2023July 14, 20230

By Tatiana Bautzer and Mehnaz Yasmin (Reuters) -Citigroup beat analysts’ estimates for second-quarter profit on Friday as higher interest payments…

  • Business
  • Health

Eli Lilly to buy Versanis for up to $1.93 billion in obesity drugs push

The Cheap InvestorJuly 14, 2023July 14, 20230

By Sriparna Roy (Reuters) -Eli Lilly and Co said on Friday it will buy privately held Versanis for potentially up…

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