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Analysis-Markets bet ECB will pause hikes soon as economy feels rate pinch

The Cheap InvestorMay 4, 2023May 4, 20230

By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – The ECB may not be done with rate hikes just yet,…

  • Business
  • Economy

European shares end lower as ECB slows rate hikes but signals more to come

The Cheap InvestorMay 4, 2023May 4, 20230

By Shreyashi Sanyal (Reuters) -European shares ended Thursday lower after the European Central Bank eased the pace of its interest…

  • Business
  • US

Four taken to hospital after gas leak at Marathon’s Los Angeles refinery

The Cheap InvestorMay 4, 20230

(Reuters) – Marathon Petroleum said on Thursday four employees were transported to local medical facilities for evaluation after they were…

  • Business
  • Economy

Western Alliance Bancorp denies report of bank exploring sale

The Cheap InvestorMay 4, 2023May 4, 20230

(Reuters) -Western Alliance Bancorp on Thursday denied a report that said it was exploring a potential sale that sent the…

  • Business
  • Latin America

Larry Page may be served in Jeffrey Epstein case, judge rules

The Cheap InvestorMay 4, 2023May 4, 20230

NEW YORK (Reuters) – The U.S. Virgin Islands may serve legal papers on Larry Page as part of its lawsuit…

  • Business
  • Economy

Ferrari sees strong second quarter as Purosangue deliveries start

The Cheap InvestorMay 4, 2023May 4, 20230

MILAN (Reuters) -Ferrari on Thursday produced a bigger than expected 27% rise in first-quarter core profit and forecast a strong…

  • Business

HF Sinclair’s bid for Holly Energy overshadows profit beat, shares down

The Cheap InvestorMay 4, 2023May 4, 20230

By Sourasis Bose (Reuters) -U.S. refiner HF Sinclair Corp beat estimates for first-quarter profit on Thursday and said it had…

  • Business

Royal Caribbean raises profit forecast buoyed by travel boom, higher prices

The Cheap InvestorMay 4, 2023May 4, 20230

By Deborah Mary Sophia (Reuters) – Royal Caribbean Group raised its annual profit forecast after upbeat quarterly results on Thursday,…

  • Business

Peloton shares nosedive after wider loss, dour membership forecast 

The Cheap InvestorMay 4, 2023May 4, 20230

By Kannaki Deka (Reuters) -Peloton Interactive Inc reported a wider-than-expected quarterly loss and warned it expects to sign up fewer…

  • Business

Shopify soars on return to core business, surprise profit

The Cheap InvestorMay 4, 2023May 4, 20230

By Chavi Mehta (Reuters) – Shopify Inc on Thursday posted a surprise first-quarter profit and announced plans to lay off…

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