BusinessEconomy China’s April data show economic recovery losing steam, testing policymakers The Cheap InvestorMay 16, 2023May 16, 20230 By Ellen Zhang and Joe Cash BEIJING (Reuters) -China’s April industrial output and retail sales growth undershot forecasts, suggesting the…
BusinessEconomy UK jobless rate rises, potentially easing BoE inflation worries The Cheap InvestorMay 16, 2023May 16, 20230 By William Schomberg and Sachin Ravikumar LONDON (Reuters) -Britain’s unemployment rate rose and there were other signs of less inflationary…
AsiaBusiness EU must build cutting-edge computer chips – industry chief Breton The Cheap InvestorMay 16, 2023May 16, 20230 By Toby Sterling ANTWERP, Belgium (Reuters) – EU industry chief Thierry Breton on Tuesday touted the European Chips Act passed…
AsiaBusiness Morgan Stanley weighs cutting 7% of Asia investment bank jobs-source The Cheap InvestorMay 16, 2023May 16, 20230 (Reuters) -Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, or about 40 jobs, according to…
BusinessEconomy Nelson Peltz adds to Disney stake following share sale – Bloomberg News The Cheap InvestorMay 16, 2023May 16, 20230 (Reuters) -Nelson Peltz, the activist investor who launched and then gave up a proxy fight earlier this year at Walt…
BusinessUS Focus shifts to retailers as U.S. quarterly results hit final leg The Cheap InvestorMay 16, 2023May 16, 20230 By Caroline Valetkevitch NEW YORK (Reuters) – First-quarter U.S. company results are winding down, but investors will get one last…
BusinessEconomy Marketmind: Europe has a data fest, and growth worries The Cheap InvestorMay 16, 2023May 16, 20230 A look at the day ahead in European and global markets from Vidya Ranganathan Tuesday’s a busy day for European…
AsiaBusiness Exclusive-LG Display to supply OLED TV panels to Samsung Elec – sources The Cheap InvestorMay 16, 2023May 16, 20230 By Heekyong Yang SEOUL (Reuters) -South Korea’s LG Display Co Ltd will start supplying high-end TV panels to Samsung Electronic…
BusinessEconomy EBRD: Inflation has peaked, but rising gas prices will pressure households The Cheap InvestorMay 16, 2023May 16, 20230 By Jorgelina do Rosario LONDON (Reuters) – Inflation has peaked in emerging Europe, central Asia and north Africa, but rising…
BusinessEconomy Venezuela’s opposition asked to back suspending statute of limitations on bond repayments The Cheap InvestorMay 15, 20230 CARACAS (Reuters) – Venezeula’s political opposition – recognized by the U.S. as the country’s legitimate government – was asked by…