BusinessEconomy Investors keep bets on U.S. rates soon topping out, despite Powell’s hawkishness The Cheap InvestorJune 22, 2023June 22, 20230 By Davide Barbuscia NEW YORK (Reuters) -A hawkish tilt from Federal Reserve Chair Jerome Powell hasn’t been enough to convince…
BusinessEconomy Novo Nordisk says EMA raised safety signal on drugs including semaglutide The Cheap InvestorJune 22, 2023June 22, 20230 By Nikolaj Skydsgaard COPENHAGEN (Reuters) -A thyroid cancer safety signal was raised by the EU’s drugs watchdog last month over…
BusinessEconomy Deutsche Bank plans to cut 10% of 17,000 German retail jobs – source The Cheap InvestorJune 22, 2023June 22, 20230 By Tom Sims FRANKFURT (Reuters) -Deutsche Bank is drawing up plans to cut 10% of its 17,000 German retail jobs…
BusinessTechnology Applied Materials to invest $400 million in India for new engineering center The Cheap InvestorJune 22, 2023June 22, 20230 (Reuters) -U.S. semiconductor toolmaker Applied Materials will invest $400 million over four years in a new engineering center in India,…
BusinessEconomy Orpea creditors Kyma Capital, LMR apply to US court to obtain documentation The Cheap InvestorJune 22, 2023June 22, 20230 LONDON (Reuters) – Two creditors of France’s Orpea have filed an application in a U.S. court against another creditor and…
BusinessEconomy Bank of England delivers hefty rate hike The Cheap InvestorJune 22, 2023June 22, 20230 LONDON (Reuters) -The Bank of England raised interest rates more than expected by half a percentage point on Thursday after…
BusinessEconomy Swiss central bank signals more tightening to come after latest rate hike The Cheap InvestorJune 22, 2023June 22, 20230 By John Revill ZURICH (Reuters) -The Swiss National Bank raised its policy interest rate by 25 basis points on Thursday…
AfricaBusiness HIGHLIGHTS-What world leaders said at the Paris finance summit The Cheap InvestorJune 22, 2023June 22, 20230 PARIS (Reuters) – Following are highlights of what world leaders said at a summit in Paris on Thursday to boost…
AsiaBusiness Micron confirms up to $825 million investment in India chip facility The Cheap InvestorJune 22, 2023June 22, 20230 OAKLAND, California (Reuters) – U.S. memory chip firm Micron Technology, Inc said on Thursday it would invest up to $825…
BusinessEconomy Amazon declines to comment on report of bid interest in UK’s Ocado The Cheap InvestorJune 22, 2023June 22, 20230 LONDON (Reuters) – A spokesperson for Amazon declined to comment on Thursday on a Times newspaper report that highlighted talk…