BusinessEconomy UBS aims to avoid using $10 billion Credit Suisse backstop amid backlash -FT The Cheap InvestorJuly 3, 2023July 3, 20230 (Reuters) -UBS Group AG is aiming to avoid using a $10 billion backstop for Credit Suisse amid a backlash, the…
BusinessEconomy Euro zone factory downturn deepened in June as ECB hikes bite-PMI The Cheap InvestorJuly 3, 2023July 3, 20230 LONDON (Reuters) – Euro zone manufacturing activity contracted faster than initially thought in June as persistent policy tightening by the…
BusinessEconomy German manufacturing shrinks in June as demand weakens-PMI The Cheap InvestorJuly 3, 2023July 3, 20230 BERLIN (Reuters) – Germany’s manufacturing sector contracted at the fastest rate in more than three years in June, with both…
BusinessEconomy Italy’s manufacturing shrinks at steepest rate since COVID lockdowns – PMI The Cheap InvestorJuly 3, 2023July 3, 20230 ROME (Reuters) – Italy’s manufacturing sector contracted in June at the steepest rate in over three years, a survey showed…
EuropePolitics What Sweden’s submarines bring to NATO The Cheap InvestorJuly 3, 2023July 3, 20230 By Johan Ahlander KARLSKRONA, Sweden (Reuters) – When Sweden joins NATO, it will help the alliance redress its vulnerability in…
BusinessEconomy Swiss inflation dips to 1.7% in June, but rate hike still expected The Cheap InvestorJuly 3, 2023July 3, 20230 By John Revill ZURICH (Reuters) – Swiss inflation dipped to 1.7% in June, the government said on Monday, although economists…
AsiaEconomy Take Five: Summer strife The Cheap InvestorJuly 3, 2023July 3, 20230 LONDON (Reuters) -The July 4 holiday in the United States may well bring a quiet start to the week for…
BusinessEconomy Spanish factory output contracts in June for the fourth consecutive month – PMI The Cheap InvestorJuly 3, 20230 MADRID (Reuters) – Factory activity in Spain contracted for the fourth consecutive month in June even though the spending of…
Top News Baltimore mass shooting leaves 2 dead; half of 28 injured were children The Cheap InvestorJuly 3, 2023July 3, 20230 By Gabriella Borter and Shivani Tanna (Reuters) -A mass shooting early on Sunday at an outdoor neighborhood block party in…
AsiaBusiness Indonesia’s June inflation eases to lowest in 14 months The Cheap InvestorJuly 3, 2023July 3, 20230 By Stefanno Sulaiman and Fransiska Nangoy JAKARTA (Reuters) – Indonesia’s annual inflation rate in June eased to 3.52%, settling into…