BusinessEconomy PacWest, Western Alliance shares tumble as regional bank fears persist The Cheap InvestorMay 2, 2023May 2, 20230 By Niket Nishant and Chibuike Oguh (Reuters) – Shares of regional banks PacWest Bancorp and Western Alliance Bank plunged on…
BusinessEconomy US Senate Republicans, Democrats squabble over debt ceiling as deadline nears The Cheap InvestorMay 2, 2023May 2, 20230 By David Morgan, Richard Cowan and Katharine Jackson WASHINGTON (Reuters) – Top U.S. Senate Republicans on Tuesday called on President…
BusinessEurope New U.S. military aid to Ukraine to include air-launched rockets -sources The Cheap InvestorMay 2, 2023May 2, 20230 By Mike Stone and Patricia Zengerle WASHINGTON (Reuters) – The United States plans to announce as soon as Wednesday a…
BusinessEconomy Quotes: US regional banks fall as FRC failure shakes faith in banking sector recovery The Cheap InvestorMay 2, 2023May 2, 20230 (Reuters) – Shares of major U.S. regional banks fell further on Tuesday in the aftermath of the collapse of First…
AsiaBusiness Group of EU states seeks to reduce dependency on China for pharmaceuticals The Cheap InvestorMay 2, 2023May 2, 20230 By Julia Payne BRUSSELS (Reuters) – A group of 19 European Union member states are pushing for measures to reduce…
AfricaAsia Oil slumps 5% to five-week low amid US debt default fears The Cheap InvestorMay 2, 2023May 2, 20230 By Scott DiSavino NEW YORK (Reuters) -Oil prices sank about 5% to a five-week low on Tuesday on concerns about…
AsiaAustralia Dollar dips as job openings fall, Fed meeting in focus The Cheap InvestorMay 2, 2023May 2, 20230 By Karen Brettell NEW YORK (Reuters) – The dollar fell Tuesday after data showed that U.S. job openings fell in…
AsiaBusiness White House says Toyota ‘fully committed’ to electrifying auto fleet The Cheap InvestorMay 2, 2023May 2, 20230 By David Shepardson WASHINGTON (Reuters) -White House senior adviser John Podesta said Toyota Motor Corp “had been the laggard” on…
BusinessEconomy Revlon emerges from bankruptcy after lender takeover The Cheap InvestorMay 2, 2023May 2, 20230 By Dietrich Knauth (Reuters) -Revlon Inc said on Tuesday that it has emerged from bankruptcy after cutting more than $2.7…
BusinessEconomy Biden will talk budget but won’t negotiate debt ceiling in Congress meeting The Cheap InvestorMay 2, 2023May 2, 20230 By Andrea Shalal and Nandita Bose WASHINGTON (Reuters) -President Joe Biden will not negotiate over the debt ceiling during his…