BusinessEconomy German economy may contract slightly in 2023 – IMF The Cheap InvestorJuly 17, 2023July 17, 20230 BERLIN (Reuters) – Germany’s economic output may shrink slightly this year due to the energy price shock and tightening financial…
AsiaBusiness Debt restructuring talks at G20 meet hurt by differences, low attendance The Cheap InvestorJuly 17, 2023July 17, 20230 By Sarita Chaganti Singh and Shivangi Acharya GANDHINAGAR, India (Reuters) – Debt restructuring talks made little progress during the third…
BusinessEnvironment BlackRock to expand proxy voting choice to retail ETF investors The Cheap InvestorJuly 17, 2023July 17, 20230 By Ross Kerber (Reuters) – The world’s top asset manager BlackRock said it will offer proxy voting choices to U.S….
BusinessTechnology Microsoft says Chinese hackers used code flaw to steal emails from US agencies The Cheap InvestorJuly 17, 2023July 17, 20230 By Raphael Satter WASHINGTON (Reuters) -Microsoft said on Friday that Chinese hackers misappropriated one of its digital keys and used…
AsiaBusiness China’s Q2 GDP growth slows to 0.8% q/q, raises stimulus expectations The Cheap InvestorJuly 17, 2023July 17, 20230 (Reuters) – China’s economy grew at a frail pace in the second quarter, although the annual figure was flattered by…
BusinessEconomy German economy may disappoint as sentiment worsens – Bundesbank The Cheap InvestorJuly 17, 2023July 17, 20230 FRANKFURT (Reuters) – The German economy may shrink by more this year than expected only a few weeks ago despite…
BusinessEconomy Tesla discounts set to power quarterly revenue growth, hit profit The Cheap InvestorJuly 17, 2023July 17, 20230 By Akash Sriram (Reuters) – Tesla’s strategy to boost sales through price cuts is likely to have powered its strongest…
AsiaBusiness Marketmind: China falls short and oil ebbs but banks impress The Cheap InvestorJuly 17, 2023July 17, 20230 A look at the day ahead in U.S. and global markets from Mike Dolan China’s spluttering recovery set the tone…
BusinessEconomy US banks warn stricter capital rules will raise prices The Cheap InvestorJuly 17, 2023July 17, 20230 By Pete Schroeder and Nupur Anand WASHINGTON/NEW YORK (Reuters) -U.S. bank executives warned on Friday that looming higher capital requirements…
BusinessEconomy Analysis-Takeover benefits: UBS investors warm to Credit Suisse deal The Cheap InvestorJuly 17, 2023July 17, 20230 By Oliver Hirt ZURICH (Reuters) – UBS’s emergency takeover of Credit Suisse may lead to thousands of job losses, departures…