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August 2023

  • Uncategorized

Drone hits tower housing Russian ministries for second time in three days

The Cheap InvestorAugust 1, 2023August 1, 20230

MOSCOW (Reuters) -A high-rise building in Moscow’s business district that houses three Russian government ministries was struck by a drone…

  • Uncategorized

Toronto stocks start August on a weak note as commodity-linked sectors drag

The Cheap InvestorAugust 1, 2023August 1, 20230

By Siddarth S (Reuters) -Toronto stocks started August on a dismal note, weighed by losses in materials and energy shares…

  • Uncategorized

World factory activity mired in slump as China, growth slowdown take toll

The Cheap InvestorAugust 1, 2023August 1, 20230

By Jonathan Cable, Leika Kihara and Lucia Mutikani LONDON/TOKYO/WASHINGTON (Reuters) -Global factory activity remained in a slump in July, private…

  • Uncategorized

X, Musk seek dismissal of lawsuit over ex-Twitter workers’ severance pay

The Cheap InvestorAugust 1, 2023August 1, 20230

By Daniel Wiessner (Reuters) – X Corp, the social media company formerly known as Twitter, and owner Elon Musk have…

  • Uncategorized

US construction spending rises strongly in June

The Cheap InvestorAugust 1, 2023August 1, 20230

WASHINGTON (Reuters) – U.S. construction spending increased solidly in June and the prior month’s data was revised higher, boosted by…

  • Uncategorized

Sweden to boost border controls after Koran burnings

The Cheap InvestorAugust 1, 2023August 1, 20230

By Johan Ahlander and Simon Johnson STOCKHOLM (Reuters) -Threats to Sweden have increased after recent Koran burnings, the country’s government…

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Marriott lifts annual profit forecast on China rebound

The Cheap InvestorAugust 1, 2023August 1, 20230

By Doyinsola Oladipo and Priyamvada C (Reuters) -Marriott International raised its full-year profit forecast on Tuesday, as the U.S. hotel…

  • Uncategorized

US manufacturing shows signs of stabilizing at lower levels in July, ISM says

The Cheap InvestorAugust 1, 2023August 1, 20230

WASHINGTON (Reuters) – U.S. manufacturing appeared to stabilize at weaker levels in July amid a gradual improvement in new orders,…

  • Uncategorized

Crypto stocks dip after bitcoin slumps to six-week low

The Cheap InvestorAugust 1, 2023August 1, 20230

(Reuters) – Shares of cryptocurrency and blockchain related companies fell in early trading hours on Tuesday, as bitcoin hit a…

  • Uncategorized

China vows lower business financing costs, support for property sector in H2

The Cheap InvestorAugust 1, 2023August 1, 20230

BEIJING (Reuters) – China will lower financing costs for firms, stabilise market expectations and support the property sector in coming…

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