AsiaBusiness Chinese baby product firms seek to age up, sell more abroad as population falls The Cheap InvestorMay 11, 2023May 11, 20230 By Farah Master HONG KONG (Reuters) – For many of China’s manufacturers of baby and children’s products, painful reverberations from…
BusinessEconomy Cost of insuring against U.S. default rises to highest since 2009 The Cheap InvestorMay 11, 2023May 11, 20230 LONDON (Reuters) – The cost of insuring against a U.S. default rose to its highest since early 2009 on Thursday,…
AsiaBusiness Rolls-Royce turnaround moving ‘at pace’ under new CEO The Cheap InvestorMay 11, 2023May 11, 20230 By Sarah Young and Paul Sandle LONDON (Reuters) -British engine maker Rolls-Royce said the new CEO’s plan to boost the…
BusinessEconomy Euro zone consumers raise inflation expectations – ECB survey The Cheap InvestorMay 11, 2023May 11, 20230 FRANKFURT (Reuters) -Euro zone consumers raised their inflation expectations in March for the first time since the autumn, even as…
BusinessEconomy UAE’s ADNOC to offer 15% stake in logistics unit IPO The Cheap InvestorMay 11, 2023May 11, 20230 DUBAI (Reuters) – Abu Dhabi oil giant ADNOC intends to offer 15% of its shares in unit ADNOC Logistics & Services…
BusinessEconomy Honda sees full-year profit rising 19% after missing forecasts in Q4 The Cheap InvestorMay 11, 2023May 11, 20230 TOKYO (Reuters) – Japan’s Honda Motor Co on Thursday forecast a 19.1% rise in operating profit for this business year,…
BusinessEurope Strong U.S. demand and AI helps Sorrell’s S4 to navigate tougher environment The Cheap InvestorMay 11, 2023May 11, 20230 LONDON (Reuters) – Martin Sorrell’s S4 Capital said artificial intelligence (AI) was helping the advertising group to become more efficient…
AsiaBusiness TSMC says it’s working hard to control costs, lifted partly by Ukraine war The Cheap InvestorMay 11, 2023May 11, 20230 By Sarah Wu TAIPEI (Reuters) – Taiwanese chipmaker TSMC said on Thursday that while war in Ukraine has impacted the…
AsiaBusiness China says it will resolutely object if U.S. curbs investment in semiconductor industry The Cheap InvestorMay 11, 2023May 11, 20230 BEIJING (Reuters) – China will resolutely object if the U.S. restricts its firms from investing in Chinese semiconductor industry, said…
BusinessEconomy Italian bonds face a raft of challenges as credit ratings loom The Cheap InvestorMay 11, 2023May 11, 20230 By Harry Robertson LONDON (Reuters) – Italian bonds face a rockier road in the coming months after a period of…