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US bond giant PIMCO sees chance to expand lending after banking turmoil

The Cheap InvestorJune 6, 2023June 6, 20230

By Davide Barbuscia NEW YORK (Reuters) – PIMCO said on Tuesday that this year’s banking turmoil has created opportunities for…

  • Asia
  • Australia

Stocks edge up as Aussie hike provides rates reminder

The Cheap InvestorJune 6, 2023June 6, 20230

By Marc Jones and Koh Gui Qing LONDON/NEW YORK (Reuters) – World shares edged higher on Tuesday as investors mulled…

  • Business
  • US

Rocky history of Illumina’s Grail deal

The Cheap InvestorJune 6, 2023June 6, 20230

(Reuters) – Gene-sequencing machine maker Illumina Inc has filed an appeal against an order from the U.S. Federal Trade Commission…

  • Business
  • Economy

Russian budget deficit narrows to $42 billion after May surplus

The Cheap InvestorJune 6, 2023June 6, 20230

By Darya Korsunskaya and Alexander Marrow (Reuters) -Russia recorded a marginal budget surplus in May, enabling it to slightly reduce…

  • Business

US bank stocks rebound, regional banking index hits near 7-week high

The Cheap InvestorJune 6, 2023June 6, 20230

By Manya Saini (Reuters) -Shares of U.S. banks regained some footing on Tuesday, with one of the top regional banking…

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  • Top News

Subway struggles to get big new franchisees to buy its US sandwich shops

The Cheap InvestorJune 6, 2023June 6, 20230

By Hilary Russ NEW YORK (Reuters) – Subway is seeking big new franchisees in the United States in a push…

  • Business
  • Economy

JPMorgan’s Jamie Dimon says he won’t seek office as he meets with US House Democrats

The Cheap InvestorJune 6, 2023June 6, 20230

By Moira Warburton WASHINGTON (Reuters) -JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Tuesday that he was…

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  • Economy

Pharma giant Novo Nordisk lifts European shares

The Cheap InvestorJune 6, 2023June 6, 20230

By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European main share indices rose on Tuesday, supported by a jump in…

  • Business
  • Economy

Brazil’s cenbank did not participate in govt’s consumer debt renegotiation program design

The Cheap InvestorJune 6, 2023June 6, 20230

BRASILIA (Reuters) – Brazil’s central bank abstained from involvement in developing the government’s comprehensive consumer debt renegotiation program unveiled on…

  • Asia
  • Business

Pirelli CEO wants to limit Chinese influence on tyremaker-WSJ

The Cheap InvestorJune 6, 2023June 6, 20230

ROME (Reuters) – The long-serving chief executive of Pirelli has warned that the tyremaker’s independence is at stake because of…

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