BusinessEconomy BOJ debated progress in hitting price goal at Ueda’s debut meeting The Cheap InvestorMay 10, 2023May 10, 20230 By Leika Kihara (Reuters) -Bank of Japan policymakers debated the country’s progress towards achieving their inflation target and the pace…
BusinessEconomy Biden warns of recession unless Republicans back his debt ceiling plan The Cheap InvestorMay 10, 2023May 10, 20230 By Nandita Bose VALHALLA, N.Y. (Reuters) -U.S. President Joe Biden piled pressure on Republican lawmakers on Wednesday to move quickly…
AsiaAustralia Australia’s Allkem tops ASX 200 on $10.6 billion merger with Livent The Cheap InvestorMay 10, 2023May 10, 20230 By Archishma Iyer (Reuters) – Australian lithium producer Allkem surged more than 14% on Thursday after announcing a $10.6 billion…
BusinessCentral America Grupo Mexico nearing $7 billion deal for Citi’s Banamex unit -source The Cheap InvestorMay 10, 2023May 10, 20230 By Andres Gonzalez (Reuters) – Conglomerate Grupo Mexico is set to buy Citigroup Inc’s retail banking operations in Mexico for…
BusinessEconomy GM overhauls North American commercial vehicle sales operations The Cheap InvestorMay 10, 2023May 10, 20230 By Joseph White DETROIT (Reuters) – General Motors Co will consolidate North American sales operations for commercial vehicles, parts and…
BusinessEntertainment and Lifestyle Disney CEO questions continued Florida investment in clash with DeSantis The Cheap InvestorMay 10, 2023May 10, 20230 By Dawn Chmielewski and Lisa Richwine (Reuters) -Walt Disney Co Chief Executive Bob Iger on Wednesday accused Florida politicians of…
Business Nutrien cuts earnings forecast after quarterly profit misses estimates The Cheap InvestorMay 10, 2023May 10, 20230 (Reuters) -Nutrien Ltd on Wednesday cut its forecast for 2023 earnings as elevated fertilizer prices owed to Western sanctions on…
BusinessEconomy British home-buyers, facing higher interest rates, retreat in April – RICS The Cheap InvestorMay 10, 2023May 10, 20230 By Suban Abdulla LONDON (Reuters) – British property surveyors reported a drop in demand in April as new buyers turned…
BusinessEconomy UK’s Sunak may fall short on 2023 inflation goal, NIESR forecasts The Cheap InvestorMay 10, 2023May 10, 20230 By David Milliken LONDON (Reuters) – British Prime Minister Rishi Sunak risks missing his goal of halving inflation this year…
BusinessEconomy Bank of England poised to raise rates again to tackle stubborn inflation The Cheap InvestorMay 10, 2023May 10, 20230 By William Schomberg LONDON (Reuters) – The Bank of England (BoE) is poised to raise borrowing costs for the 12th…