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JPMorgan’s Dimon says US, China need ‘real engagement’

The Cheap InvestorMay 31, 2023May 31, 20230

HONG KONG (Reuters) – JPMorgan Chase & Co CEO Jamie Dimon on Wednesday warned “uncertainty” caused by the Chinese government…

  • Business
  • Economy

Volkswagen launches extra shifts at Wolfsburg plant – brand board member

The Cheap InvestorMay 31, 2023May 31, 20230

HAMBURG (Reuters) – Volkswagen has introduced extra shifts at its factory in Wolfsburg, the carmaker’s biggest, after supply chain disruptions…

  • Business
  • US

American Airlines raises second-quarter profit outlook on lower fuel costs

The Cheap InvestorMay 31, 2023May 31, 20230

(Reuters) – American Airlines Group Inc on Wednesday raised its forecast for second-quarter profit on lower jet fuel costs and…

  • Asia
  • Business

China Renaissance chairman’s detention extended by 3 months -report

The Cheap InvestorMay 31, 2023May 31, 20230

BEIJING (Reuters) – The detention of Bao Fan, chairman of investment bank China Renaissance Holdings, has been extended for another…

  • Business
  • Economy

No quick recovery for German economy after winter slump – DIW

The Cheap InvestorMay 31, 2023May 31, 20230

BERLIN (Reuters) – There is no quick recovery in sight for the inflation-hit German economy following a winter recession, the…

  • Business
  • Economy

Demographics are a headwind for emerging markets – BlackRock

The Cheap InvestorMay 31, 2023May 31, 20230

By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – A decline in labour growth and expected fall in the…

  • Business
  • Central America

Athletics-Bolt desperate for impactful role in track and field

The Cheap InvestorMay 31, 2023May 31, 20230

By Janina Nuno Rios MEXICO CITY (Reuters) – Usain Bolt said he is desperate to play a role in reviving…

  • Africa
  • Asia

Unilever pivots to African suppliers as forex pressure mounts

The Cheap InvestorMay 31, 2023May 31, 20230

By Seun Sanni and Richa Naidu ALAYIDE, Nigeria (Reuters) – Busari Kasali once lived with the fear that his cassava…

  • Asia
  • Business

Cargill to sell China poultry unit to private equity firm DCP Capital

The Cheap InvestorMay 31, 2023May 31, 20230

By Dominique Patton BEIJING (Reuters) – U.S. agribusiness giant Cargill said it is selling its poultry business in China to…

  • Business
  • Economy

Economic fears to cap oil prices below $90 through 2023: Reuters poll

The Cheap InvestorMay 31, 2023May 31, 20230

By Kavya Guduru (Reuters) – Oil prices will creep up from current levels as major producer group OPEC+ maintains restrictions…

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