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Business

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Curb use of dollar Libor alternatives to Fed rate, says watchdog

The Cheap InvestorJuly 3, 2023July 3, 20230

By Huw Jones LONDON (Reuters) – The use of four dollar-denominated alternatives to the now scrapped Libor interest rate need…

  • Asia
  • Business

Tesla extends blistering rally after quarterly deliveries beat

The Cheap InvestorJuly 3, 2023July 3, 20230

By Aditya Soni (Reuters) -Tesla shares jumped about 7% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon…

  • Business
  • Economy

Wall St ends slightly higher in shortened session, Tesla jumps

The Cheap InvestorJuly 3, 2023July 3, 20230

By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended with slim gains…

  • Business
  • Technology

Nasdaq refiles BlackRock’s bitcoin ETF application with SEC

The Cheap InvestorJuly 3, 2023July 3, 20230

(Reuters) – Nasdaq refiled an application with the U.S. securities regulator to list an exchange-traded fund by BlackRock Inc that…

  • Business
  • Economy

Exclusive-Video-sharing website BitChute seeks to raise $10 million in new funding round

The Cheap InvestorJuly 3, 2023July 3, 20230

By Helen Coster NEW YORK (Reuters) – Video-sharing website BitChute is raising $10 million in Series A funding at a…

  • Asia
  • Australia

Stocks edge higher with Treasury yields in holiday-shortened session

The Cheap InvestorJuly 3, 2023July 3, 20230

By Sinéad Carew NEW YORK (Reuters) – Wall Street stock indexes ended Monday’s shorter session up slightly along with U.S….

  • Business
  • Central America

As companies bring more jobs to Mexico, US wants labor rights safeguards

The Cheap InvestorJuly 3, 2023July 3, 20230

By Daina Beth Solomon MEXICO CITY (Reuters) – The U.S. wants Mexico’s government to build strong institutions to protect worker…

  • Business
  • Economy

Odey Asset Management to move Adrian Courtenay’s fund to Green Ash Partners -letter to investors

The Cheap InvestorJuly 3, 2023July 3, 20230

By Nell Mackenzie LONDON (Reuters) -Odey Asset Management is in advanced talks to move its special situations fund managed by…

  • Asia
  • Business

Remittances to Mexico hit record, but strong peso softens impact

The Cheap InvestorJuly 3, 2023July 3, 20230

By Kylie Madry MEXICO CITY (Reuters) – Mexico brought in close to $5.7 billion in remittances in May, central bank…

  • Business
  • Economy

Oil settles lower as economic jitters outweigh supply cuts

The Cheap InvestorJuly 3, 2023July 3, 20230

By Laura Sanicola (Reuters) -Oil prices settled down 1% on Monday as worries about a slowing global economy and possible…

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