BusinessEconomy Bayer sees 2023 results at lower end of range as weedkiller prices drop The Cheap InvestorMay 11, 2023May 11, 20230 By Ludwig Burger FRANKFURT (Reuters) -Drug and pesticide maker Bayer said its 2023 results would likely come in at the…
AsiaBusiness Marketmind: Disinflation cheer, debt cap fear The Cheap InvestorMay 11, 2023May 11, 20230 A look at the day ahead in U.S. and global markets from Mike Dolan Investor relief that ongoing U.S. disinflation…
AsiaEconomy Analysis-China’s deposit pile stands in the way of recovery The Cheap InvestorMay 11, 2023May 11, 20230 By Winni Zhou and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – China’s increasingly urgent efforts to tip its mountain of savings into…
BusinessEconomy EU lawmakers’ committees agree tougher draft AI rules The Cheap InvestorMay 11, 2023May 11, 20230 By Foo Yun Chee, Martin Coulter and Supantha Mukherjee (Reuters) -European lawmakers came a step closer to passing new rules…
BusinessEconomy Norway government ups spending by $5.3 billion due to inflation, Ukraine aid The Cheap InvestorMay 11, 2023May 11, 20230 OSLO (Reuters) -Norway’s centre-left government said on Thursday it plans to spend an extra 56 billion Norwegian crowns ($5.3 billion)…
BusinessEconomy Outgoing Thyssenkrupp CEO pledges leadership change won’t slow execution The Cheap InvestorMay 11, 2023May 11, 20230 By Christoph Steitz and Tom Käckenhoff FRANKFURT (Reuters) – Thyssenkrupp’s outgoing Chief Executive Martina Merz sought to assuage investor fears…
BusinessTechnology EV maker Rivian takes bold bet with higher-priced vehicles amid heating competition The Cheap InvestorMay 11, 2023May 11, 20230 By Abhirup Roy SAN FRANCISCO (Reuters) -Rivian Automotive Inc is betting it can keep prices high for its debut lines…
AsiaBusiness Yellen says G7 members looking at how to counter China’s ‘economic coercion’ The Cheap InvestorMay 11, 2023May 11, 20230 By Andrea Shalal NIIGATA, Japan (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said many members of the Group…
BusinessTechnology Apple supplier Foxconn’s Q1 profit plunges, outlook “conservative” The Cheap InvestorMay 11, 2023May 11, 20230 By Yimou Lee TAIPEI (Reuters) -Apple Inc supplier Foxconn on Thursday posted a 56% plunge in first-quarter net profit, lagging…
AsiaBusiness Chinese baby product firms seek to age up, sell more abroad as population falls The Cheap InvestorMay 11, 2023May 11, 20230 By Farah Master HONG KONG (Reuters) – For many of China’s manufacturers of baby and children’s products, painful reverberations from…