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Japan manufacturers’ mood turns positive as economy recovers

The Cheap InvestorMay 23, 2023May 23, 20230

By Tetsushi Kajimoto TOKYO (Reuters) -Business sentiment at big Japanese manufacturers turned positive for the first time this year and…

  • Asia
  • Business

Japan’s Nikkei seen sliding to 30,000 by year-end – Reuters poll

The Cheap InvestorMay 23, 2023May 23, 20230

By Kevin Buckland TOKYO (Reuters) – Japan’s Nikkei 225 share average will drop 4% from 33-year highs, returning to the…

  • Business

Qantas record profit forecast, revised buyback irk workers’ union

The Cheap InvestorMay 23, 2023May 23, 20230

By Harish Sridharan (Reuters) – Qantas Airways on Tuesday forecast a record annual profit and hiked its share buyback programme…

  • Business
  • Health

Purdue Pharma to sell consumer business for $397 million

The Cheap InvestorMay 23, 2023May 23, 20230

By Dietrich Knauth NEW YORK (Reuters) – Bankrupt Purdue Pharma received a U.S. judge’s permission on Tuesday to sell its…

  • Business
  • Technology

Tesla to pick location for new factory this year, Musk says

The Cheap InvestorMay 23, 2023May 23, 20230

(Reuters) -Tesla Inc Chief Executive Officer Elon Musk said on Tuesday the automaker would probably pick a location for a…

  • Business
  • Economy

Wall St ends sharply lower on deadlocked debt ceiling talks

The Cheap InvestorMay 23, 2023May 23, 20230

By Saeed Azhar and Shreyashi Sanyal NEW YORK (Reuters) – Wall Street stocks finished sharply lower on Tuesday and short-term…

  • Business
  • Science

Virgin Orbit auctions $36 million in remaining assets as company folds

The Cheap InvestorMay 23, 2023May 23, 20230

By Joey Roulette WASHINGTON (Reuters) -Richard Branson’s bankrupt satellite launch firm, Virgin Orbit, on Tuesday revealed that it was closing…

  • Business
  • Economy

White House takes new steps to study AI risks, determine impact on workers

The Cheap InvestorMay 23, 2023May 23, 20230

By Nandita Bose WASHINGTON (Reuters) – The White House said on Tuesday it would ask workers how their employers use…

  • Business
  • Technology

Meta sells Giphy to Shutterstock to comply with UK regulator order

The Cheap InvestorMay 23, 2023May 23, 20230

(Reuters) -Shutterstock Inc said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc for $53 million…

  • Business
  • Economy

U.S. mid-cap retailers slip after latest batch of results

The Cheap InvestorMay 23, 2023May 23, 20230

By Caroline Valetkevitch NEW YORK (Reuters) -Shares of U.S. mid-cap retailers mostly eased on Tuesday as the latest batch of…

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