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Energy crisis and inflation push more German firms into insolvency – study

The Cheap InvestorJune 29, 2023June 29, 20230

(Reuters) – The number of German firms pushed into insolvency rose in the first half of this year at the…

  • Business
  • Economy

US pending home sales fall to five-month low in May

The Cheap InvestorJune 29, 2023June 29, 20230

WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes fell more than expected in May, dropping to the lowest…

  • Asia
  • Australia

Macquarie to divest U.S. port terminal operator Ceres

The Cheap InvestorJune 29, 2023June 29, 20230

(Reuters) -Australian financial conglomerate Macquarie Group said on Thursday it would divest its U.S.-based port terminal operator Ceres Terminals, with…

  • Business
  • Health

Eli Lilly to buy Sigilon Therapeutics to expand diabetes treatments

The Cheap InvestorJune 29, 2023June 29, 20230

(Reuters) – Eli Lilly and Co said on Thursday it will acquire all the shares of Sigilon Therapeutics that it…

  • Business
  • Economy

Bank of England consults on next leg of insurance capital reforms

The Cheap InvestorJune 29, 2023June 29, 20230

LONDON (Reuters) -The Bank of England on Thursday proposed further reforms to capital rules for insurers in a step it…

  • Business
  • Economy

Fed’s Bostic would back rate hike if inflation moves from target

The Cheap InvestorJune 29, 2023June 29, 20230

By Padraic Halpin DUBLIN (Reuters) -The Federal Reserve will have to increase rates if prices growth moves away from target…

  • Business
  • Economy

German inflation bucks downward trend in June with higher-than-expected rise

The Cheap InvestorJune 29, 2023June 29, 20230

By Maria Martinez BERLIN (Reuters) -German inflation rose more than expected in June, interrupting a steady decline since the start…

  • Africa
  • Asia

China’s debt relief to poor countries slows amid continuing appeals for support

The Cheap InvestorJune 29, 2023June 29, 20230

By Joe Cash BEIJING (Reuters) – The value of Chinese debt relief decreased by over 50% between 2021 and 2022,…

  • Business
  • Economy

Brazil’s Lula says inflation targets too ‘rigid’

The Cheap InvestorJune 29, 2023June 29, 20230

SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Thursday the country’s inflation targets were excessively…

  • Asia
  • Business

Germany to reject Binance’s bid for a cryptocurrency licence – source

The Cheap InvestorJune 29, 2023June 29, 20230

FRANKFURT (Reuters) – German regulators have told Binance they will not grant it a cryptocurrency custody licence, a person with…

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