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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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

  • Business
  • Technology

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,…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

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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…

  • Asia
  • Business

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…

  • Business
  • Economy

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…

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