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Novartis buys Chinook for $3.5 billion in race to treat rare kidney disease

The Cheap InvestorJune 12, 2023June 12, 20230

By Ludwig Burger (Reuters) -Novartis said it has agreed to acquire U.S. biotech firm Chinook Therapeutics for up to $3.5…

  • Business
  • Economy

Oracle beats quarterly revenue estimates on cloud services demand

The Cheap InvestorJune 12, 2023June 12, 20230

(Reuters) -Oracle on Monday topped fourth-quarter revenue estimates and forecast an upbeat first quarter, driven by growing demand for its…

  • Business
  • Central America

EU chief sees Mercosur deal this year, Lula fears environmental sanctions

The Cheap InvestorJune 12, 2023June 12, 20230

By Anthony Boadle BRASILIA (Reuters) -European Commission President Ursula von der Leyen on Monday said the EU hopes to finalize…

  • Business
  • US

Harley-Davidson to run limited motorcycle manufacturing at its York facility

The Cheap InvestorJune 12, 2023June 12, 20230

(Reuters) – Harley-Davidson said on Monday the motorcycle maker will be running limited motorcycle manufacturing operations at its York facility…

  • Business
  • Entertainment and Lifestyle

US Senate leaders unveil $107 billion aviation policy bill

The Cheap InvestorJune 12, 2023June 12, 20230

By David Shepardson WASHINGTON (Reuters) -Leaders of the Senate Commerce Committee on Monday introduced a bipartisan aviation policy bill that…

  • Business
  • Economy

S&P 500 and Nasdaq close at highest since April 2022

The Cheap InvestorJune 12, 2023June 12, 20230

By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 and the Nasdaq rallied on Monday to their…

  • Asia
  • Australia

Analysis-EV charger makers guardedly look to adopt Tesla standard

The Cheap InvestorJune 12, 2023June 12, 20230

By Abhirup Roy (Reuters) -Electric vehicle charging companies are cautiously embracing Tesla’s charging technology as the main U.S. standard, mere…

  • Asia
  • Australia

Marketmind: Inflation appetizer served before central bank main course

The Cheap InvestorJune 12, 2023June 12, 20230

By Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf, U.S. markets correspondent…

  • Asia
  • Australia

Equities gain as investors look for cooler inflation, Fed ‘pause’

The Cheap InvestorJune 12, 2023June 12, 20230

By Sinéad Carew and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – Global stocks gained ground, hitting their highest level in more…

  • Asia
  • Business

Automaker group urges US EPA to ‘ease up’ on vehicle emissions rules

The Cheap InvestorJune 12, 2023June 12, 20230

By David Shepardson WASHINGTON (Reuters) -The head of a trade group representing nearly all major automakers urged the U.S. Environmental…

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