AsiaBusiness VW ready to deal with China metal curbs; chipmakers play down fallout The Cheap InvestorJuly 6, 2023July 6, 20230 By Ben Blanchard and Jan Schwartz TAIPEI (Reuters) -Volkswagen is monitoring metals markets after China imposed export restrictions on two…
AsiaBusiness Japan’s base salaries jump most since 1995, puts BOJ policy into view The Cheap InvestorJuly 6, 2023July 6, 20230 By Satoshi Sugiyama and Kantaro Komiya TOKYO (Reuters) -Japan’s nominal base salary grew at the fastest pace in 28 years…
AsiaAustralia Stocks sink as bond yields rise, U.S. jobs data fuels rate hike fears The Cheap InvestorJuly 6, 2023July 6, 20230 By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) – MSCI’s global index of stocks fell on Thursday while Treasury…
AsiaBusiness Canada agrees up to C$15 billion in incentives for Stellantis-LGES battery plant The Cheap InvestorJuly 6, 2023July 6, 20230 By Ismail Shakil OTTAWA (Reuters) -Canada will provide up to C$15 billion ($11.23 billion) in production incentives for a Stellantis-LG…
BusinessUS Biden touts investments, trip to lawmaker Taylor Greene’s backyard The Cheap InvestorJuly 6, 2023July 6, 20230 By Jeff Mason and Jarrett Renshaw WEST COLUMBIA, South Carolina (Reuters) -President Joe Biden traveled to South Carolina to tout…
BusinessEconomy Wall St logs sharp losses as labor market strength stokes rate-hike fears The Cheap InvestorJuly 6, 2023July 6, 20230 By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended sharply lower on…
Business Levi Strauss to cut prices as weak consumer spending hits outlook The Cheap InvestorJuly 6, 2023July 6, 20230 By Granth Vanaik and Katherine Masters (Reuters) -Levi Strauss & Co cut its annual profit forecast on Thursday, in a…
BusinessCanada Canada port strike may add to inflation concerns ahead of rate decision The Cheap InvestorJuly 6, 2023July 6, 20230 By Fergal Smith TORONTO (Reuters) -The Canadian dock workers strike is another factor for the Bank of Canada (BoC) to…
BusinessEnvironment US state attorneys general clash over EPA emissions plan The Cheap InvestorJuly 6, 2023July 6, 20230 By David Shepardson WASHINGTON (Reuters) -A group of 25 Republican state attorneys general on Thursday urged President Joe Biden’s administration…
BusinessEconomy Rothschild family buys 8.2 million shares of Paris-listed investment bank The Cheap InvestorJuly 6, 2023July 6, 20230 (Reuters) – Concordia said on Thursday it had acquired all the shares it was permitted to acquire of Rothschild &…