EconomyEnvironment World food prices fall again in June – UN food agency The Cheap InvestorJuly 7, 2023July 7, 20230 ROME (Reuters) – The United Nations food agency’s world price index fell in June to its lowest level in more…
BusinessEconomy L Catterton mulls IPO for Birkenstock at more than $6 billion valuation- Bloomberg News The Cheap InvestorJuly 7, 2023July 7, 20230 (Reuters) -L Catterton, a private equity firm backed by LVMH, is considering strategic options for Birkenstock including an initial public…
BusinessEconomy US starts new round of audit inspections on China firms – source The Cheap InvestorJuly 7, 2023July 7, 20230 (Reuters) -U.S. inspectors have started a fresh round of routine checks on Wall Street-listed Chinese companies’ audits in Hong Kong…
BusinessEconomy German economy faces uphill climb as industrial output falls The Cheap InvestorJuly 7, 2023July 7, 20230 BERLIN (Reuters) – A swift economic recovery for Germany appeared less likely on Friday as data showed a surprise fall…
AsiaBusiness Where are germanium and gallium produced, what are they used for? The Cheap InvestorJuly 7, 2023July 7, 20230 (This July 4 story has been refiled to specify data on gallium is for primary gallium only in paragraph 12…
BusinessTechnology Samsung Elec flags 96% drop in Q2 profit as chip glut drags on The Cheap InvestorJuly 7, 2023July 7, 20230 By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd reported a likely 96% plunge in second-quarter operating…
AsiaBusiness Factbox-Companies respond to China’s curbs on gallium and germanium exports The Cheap InvestorJuly 7, 2023July 7, 20230 (Reuters) – China said on July 3 it would restrict exports of two metals used in semiconductors and electric vehicles,…
AsiaBusiness Airbus books record India orders, confirms higher deliveries The Cheap InvestorJuly 7, 2023July 7, 20230 PARIS (Reuters) – Record demand from India sharply increased Airbus orders in June to leave the European planemaker with 1,044…
BusinessEconomy Bottler Coca-Cola HBC lifts full-year profit expectation The Cheap InvestorJuly 7, 2023July 7, 20230 (Reuters) -Bottler Coca-Cola HBC AG raised its 2023 profit expectation on Friday, aided by robust sales and price increases in…
AsiaBusiness BOJ likely to forgo YCC tweak in July despite broadening inflation – ex-central bank official The Cheap InvestorJuly 7, 2023July 7, 20230 By Leika Kihara TOKYO (Reuters) – The Bank of Japan may revise up this year’s inflation forecast but will likely…