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Marketmind: Debt cap tick-tock leaves eerie calm

The Cheap InvestorMay 12, 2023May 12, 20230

A look at the day ahead in U.S. and global markets from Mike Dolan A strange calm fell over world…

  • Asia
  • Business

Hong Kong Q1 GDP grew 2.7% y/y, sees tourism, consumption driving recovery this year

The Cheap InvestorMay 12, 2023May 12, 20230

HONG KONG (Reuters) -Hong Kong’s economy grew 2.7% in the first quarter from a year earlier, government data showed on…

  • Asia
  • Business

More than 2 million Toyota users face risk of vehicle data leak in Japan

The Cheap InvestorMay 12, 2023May 12, 20230

By Daniel Leussink and Kantaro Komiya TOKYO (Reuters) -Toyota Motor Corp said on Friday the vehicle data of 2.15 million…

  • Business
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Pratt & Whitney says faces higher risks after Go First filed for bankruptcy

The Cheap InvestorMay 12, 2023May 12, 20230

By Mike Scarcella and Jahnavi Nidumolu NEW YORK/BENGALURU (Reuters) -Pratt & Whitney on Thursday opposed Go Airlines (India) Ltd’s push…

  • Business
  • Economy

Philips to pay $62 million to resolve charges it violated US law

The Cheap InvestorMay 12, 2023May 12, 20230

WASHINGTON (Reuters) -Dutch medical device maker Philips will pay $62 million (56 million euros) to resolve charges it violated the…

  • Business
  • Economy

Volkswagen’s April deliveries jump 39% thanks to China boost

The Cheap InvestorMay 12, 2023May 12, 20230

(Reuters) – Volkswagen’s said on Friday its group deliveries jumped 39% year-on-year in April, bringing the total number of vehicles…

  • Asia
  • Business

Germany finance minister urges “grown-up” decision on U.S. debt ceiling

The Cheap InvestorMay 12, 2023May 12, 20230

NIIGATA, Japan (Reuters) – German Finance Minister Christian Lindner on Friday said he hoped politicians in the United States would…

  • Business
  • Europe

Exclusive-Wegovy, other weight loss drugs ‘no silver bullet’, says WHO amid obesity review

The Cheap InvestorMay 12, 2023May 12, 20230

By Jennifer Rigby LONDON (Reuters) – New highly-effective weight loss drugs such as Novo Nordisk’s Wegovy are not a “silver…

  • Business
  • Economy

UBS CEO: Credit Suisse no longer seeing outflows

The Cheap InvestorMay 12, 2023May 12, 20230

LUCERNE, Switzerland (Reuters) -UBS Chief Executive Sergio Ermotti said on Friday that the situation at Credit Suisse has stabilized and…

  • Business
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Toshiba says working with JIP to ‘quickly complete’ $15 billion buyout

The Cheap InvestorMay 12, 2023May 12, 20230

By Makiko Yamazaki TOKYO (Reuters) -Toshiba Corp said on Friday it was working with Japan Industrial Partners (JIP) to quickly…

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