BusinessEconomy Some economists challenge Fed view very low rate world will return one day The Cheap InvestorJune 7, 2023June 7, 20230 By Michael S. Derby NEW YORK (Reuters) – Some economists are challenging the view central to some Federal Reserve officials…
BusinessEconomy Brazil’s inflation falls to more than 2-year low amid calls for rate cuts The Cheap InvestorJune 7, 2023June 7, 20230 By Gabriel Araujo SAO PAULO (Reuters) – Consumer prices in Brazil decelerated more than expected in May, government data showed…
BusinessScience Boeing accused in lawsuit of stealing trade secrets for NASA rocket The Cheap InvestorJune 7, 2023June 7, 20230 By Jonathan Stempel (Reuters) – Boeing was sued on Wednesday by a Colorado company that accused the aerospace giant of…
BusinessEconomy Exclusive-Vodafone, Hutchison to announce UK merger as soon as Friday – sources The Cheap InvestorJune 7, 2023June 7, 20230 By Clare Jim and Paul Sandle HONG KONG/LONDON (Reuters) -Vodafone and CK Hutchison are in the final stage of agreeing…
Top News Russia and Ukraine say ammonia pipeline was damaged, in potential blow to grain deal The Cheap InvestorJune 7, 2023June 7, 20230 (Reuters) -A pipeline used to transport ammonia fertilizer from Russia via Ukraine that may be central to the future of…
AsiaBusiness Analysis-For Musk and other foreign CEOs visiting China, silence is golden The Cheap InvestorJune 7, 2023June 7, 20230 By Brenda Goh and Joe Cash SHANGHAI/BEIJING (Reuters) – A veritable parade of overseas CEOs including Tesla’s Elon Musk and…
AfricaEconomy Saudi crown prince, Blinken had ‘candid’ talks in Jeddah -US official The Cheap InvestorJune 7, 2023June 7, 20230 By Humeyra Pamuk and Aziz El Yaakoubi JEDDAH, Saudi Arabia (Reuters) -U.S. Secretary of State Antony Blinken had an “open,…
BusinessEconomy European stocks close lower, Inditex shines on strong earnings The Cheap InvestorJune 7, 2023June 7, 20230 By Shreyashi Sanyal and Sruthi Shankar (Reuters) -European stocks slipped on Wednesday, dented by healthcare stocks and concerns about the…
AsiaBusiness Analysis-Starbucks brews up cheaper India drinks as domestic rivals expand The Cheap InvestorJune 7, 2023June 7, 20230 By M. Sriram and Aditya Kalra MUMBAI/NEW DELHI (Reuters) – Starbucks is revamping its strategy to lure Indians, including children,…
BusinessEconomy Man Group CEO says central banks have made little difference to inflation The Cheap InvestorJune 7, 2023June 7, 20230 By Nell Mackenzie and Chiara Elisei LONDON (Reuters) – Hedge fund Man Group Chief Executive Luke Ellis believes central banks…