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Goldman Sachs plans to cut under 250 jobs in coming weeks-source

The Cheap InvestorMay 30, 2023May 30, 20230

(Reuters) – Goldman Sachs Group Inc is expected to cut fewer than 250 jobs in the coming weeks as a…

  • Asia
  • Australia

Yen stronger post-emergency meeting, dollar stays lower

The Cheap InvestorMay 30, 2023May 30, 20230

By Hannah Lang WASHINGTON (Reuters) – Currency markets were choppy on Tuesday as the dollar hit a 10-week high against…

  • Business
  • Economy

Oil slides 4% on worries about US debt ceiling, OPEC+ talks

The Cheap InvestorMay 30, 2023May 30, 20230

By Stephanie Kelly NEW YORK (Reuters) – Oil prices fell more than 4% on Tuesday on concerns about whether the…

  • Business
  • Economy

Bankman-Fried charges should not be tossed, prosecutors say

The Cheap InvestorMay 30, 2023May 30, 20230

By Luc Cohen NEW YORK (Reuters) – U.S. prosecutors on Monday said they opposed a motion by former cryptocurrency billionaire…

  • Business
  • Technology

Nvidia shorts extend mark-to-market losses as market cap hits $1 trln -S3 Partners

The Cheap InvestorMay 30, 2023May 30, 20230

By Caroline Valetkevitch NEW YORK (Reuters) – Short sellers in shares of Nvidia Corp were down $4.1 billion in mark-to-market…

  • Business
  • Economy

High inflation fails to boost most UK companies’ profits

The Cheap InvestorMay 30, 2023May 30, 20230

By David Milliken LONDON (Reuters) – Britain’s highest inflation in four decades failed to boost company profits last year, with…

  • Business
  • Economy

Euro zone lending takes another hit from higher rates

The Cheap InvestorMay 30, 2023May 30, 20230

FRANKFURT (Reuters) – Euro zone bank lending slowed again in April, supporting the case for careful interest rate hikes in…

  • Business
  • Economy

Microsoft says UK regulator an ‘outlier’ for blocking Activision deal

The Cheap InvestorMay 30, 2023May 30, 20230

By Sam Tobin and Paul Sandle LONDON (Reuters) – Microsoft on Tuesday accused Britain’s anti-trust regulator of being a global…

  • Business
  • Economy

UK scrutinises supermarket profits as food prices stay high

The Cheap InvestorMay 30, 2023May 30, 20230

By Muvija M LONDON (Reuters) – Britain’s competition regulator told supermarkets on Tuesday it was looking at their earnings to…

  • Business
  • Economy

Factbox-Nvidia joins tech titans in trillion-dollar club

The Cheap InvestorMay 30, 2023May 30, 20230

(Reuters) – Nvidia Corp on Tuesday became the first chipmaker to join Wall Street’s trillion-dollar club dominated by technology heavyweights…

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