BusinessEconomy US default probability at lowest since January – MSCI The Cheap InvestorMay 31, 2023May 31, 20230 NEW YORK (Reuters) – The probability of a U.S. default has declined to its lowest since January, according to MSCI…
BusinessEconomy Wells Fargo CEO says there will be losses in office loan portfolio The Cheap InvestorMay 31, 2023May 31, 20230 By Nupur Anand and Saeed Azhar NEW YORK (Reuters) -Wells Fargo & Co’s Chief Executive Officer Charlie Scharf said on…
BusinessCanada National Bank of Canada misses profit estimates as bad loans provisions rise The Cheap InvestorMay 31, 2023May 31, 20230 (Reuters) – National Bank of Canada missed analysts’ earnings estimates on Wednesday, hurt by higher costs and money set aside…
AsiaBusiness Jaguar Land Rover recalling I-PACE vehicles in US over fire risks The Cheap InvestorMay 31, 2023May 31, 20230 By David Shepardson WASHINGTON (Reuters) -Jaguar Land Rover (JLR) said it was recalling nearly 6,400 I-PACE vehicles in the United…
BusinessEnvironment Analysis-US debt deal’s energy permitting reforms leave thorniest issues for later The Cheap InvestorMay 31, 2023May 31, 20230 By Valerie Volcovici and Timothy Gardner WASHINGTON (Reuters) – The bipartisan U.S. debt deal’s provisions to speed up energy infrastructure…
BusinessEconomy German family-owned Schmid Group aims for SPAC listing on NYSE The Cheap InvestorMay 31, 2023May 31, 20230 By Emma-Victoria Farr FRANKFURT (Reuters) – Germany’s Schmid Group said on Wednesday it plans to list in New York via…
BusinessEconomy Environmental platform urges more than 1,600 high-emitting firms to disclose data The Cheap InvestorMay 31, 2023May 31, 20230 LONDON (Reuters) – More than 1,600 companies identified by non-profit platform CDP as having the biggest impact on the environment…
BusinessEconomy HP Enterprise shares fall as dull forecast fuels fears of slowing demand The Cheap InvestorMay 31, 2023May 31, 20230 By Samrhitha A (Reuters) – Shares of Hewlett Packard Enterprise Co slumped more than 10% on Wednesday as its lackluster…
Business Michael Kors owner Capri cuts revenue forecast as US demand wavers The Cheap InvestorMay 31, 2023May 31, 20230 By Savyata Mishra (Reuters) -Michael Kors parent Capri Holdings Ltd on Wednesday cut its annual sales forecast as demand for…
BusinessEconomy German inflation drops to lowest level in more than a year The Cheap InvestorMay 31, 2023May 31, 20230 By Maria Martinez BERLIN (Reuters) -Germany on Wednesday joined a list of major euro zone economies reporting a bigger than…