BusinessEconomy Mining lags on female C-suite, board representation The Cheap InvestorMay 23, 2023May 23, 20230 By Clara Denina and Helen Reid LONDON (Reuters) – Mining firms lag far behind other sectors on female representation in…
BusinessEconomy Watchdog proposes first set of global rules for crypto sector The Cheap InvestorMay 23, 2023May 23, 20230 By Huw Jones LONDON (Reuters) -International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cryptoasset and…
BusinessHealth Amgen settles patent lawsuit over biosimilar of J&J’s big-selling Stelara The Cheap InvestorMay 23, 2023May 23, 20230 By Blake Brittain (Reuters) -Johnson & Johnson has settled its lawsuit over Amgen Inc’s proposed biosimilar version of J&J’s top-selling…
BusinessEconomy Former Fed chief Bernanke says labor costs becoming more prominent in inflation The Cheap InvestorMay 23, 2023May 23, 20230 By Howard Schneider WASHINGTON (Reuters) -A tight U.S. job market and rising wages are beginning to have more of an…
BusinessEurope Boeing CEO predicts supply chain pressure through 2024 The Cheap InvestorMay 23, 2023May 23, 20230 By Andrew Mills and Tim Hepher (Reuters) – Boeing Chief Executive Dave Calhoun on Tuesday said it could take until…
AsiaBusiness Alibaba’s cloud unit to cut 7% of staff in overhaul – source The Cheap InvestorMay 23, 2023May 23, 20230 (Reuters) – Alibaba Group Holding Ltd’s cloud unit has started a round of downsizing that will impact 7% of the…
BusinessEconomy Fed’s jobs-weighted framework caused more problems than it fixed -research The Cheap InvestorMay 23, 2023May 23, 20230 By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve’s 2020 move to put more weight on jobs in setting…
Business Lowe’s cuts annual forecasts as home improvement demand falters The Cheap InvestorMay 23, 2023May 23, 20230 By Deborah Mary Sophia (Reuters) -Lowe’s Cos Inc cut its annual sales and profit forecasts on Tuesday, joining larger rival…
BusinessTechnology Citizens Bank to pay $9 million penalty over credit card practices -US regulator The Cheap InvestorMay 23, 2023May 23, 20230 By Jonathan Stempel (Reuters) -Citizens Bank, one of the largest U.S. regional banks, will pay a $9 million civil penalty…
BusinessEconomy US business activity rises to 13-month high in May, S&P Global survey shows The Cheap InvestorMay 23, 2023May 23, 20230 WASHINGTON (Reuters) – U.S. business activity increased to a 13-month high in May, lifted by strong growth in the services…