BusinessEconomy Sensodyne toothpaste-maker Haleon planning job cuts – The Guardian The Cheap InvestorJuly 13, 2023July 13, 20230 (Reuters) -Haleon, the world’s biggest standalone consumer health business, is planning to cut hundreds of roles in the UK and…
BusinessEconomy Factbox-Analysts guarded as AI-driven US stock rally faces earnings test The Cheap InvestorJuly 13, 2023July 13, 20230 (Reuters) – Analysts are cautiously optimistic as second-quarter reporting season rolls out amid this year’s rally in U.S. stocks fueled…
BusinessEconomy US small business lending holding up despite higher cost of credit The Cheap InvestorJuly 13, 2023July 13, 20230 By Safiyah Riddle (Reuters) – U.S. small businesses are paying the most for loans in 16 years as borrowing costs…
BusinessUS Conagra forecasts dour profit as higher prices curb demand The Cheap InvestorJuly 13, 2023July 13, 20230 By Aatrayee Chatterjee and Mehr Bedi (Reuters) -Conagra Brands Inc on Thursday forecast annual sales and profit below Wall Street…
BusinessEconomy Cintas beats quarterly estimates on price hikes, easing cost The Cheap InvestorJuly 13, 20230 (Reuters) – Cintas Corp beat quarterly profit and revenue expectations on Thursday, helped by demand for its pricier rental uniforms…
BusinessEconomy Argentina’s economic woes spark ‘supermarket tourism’ from neighbors The Cheap InvestorJuly 13, 2023July 13, 20230 By Horacio Soria and Lucinda Elliott MONTEVIDEO (Reuters) – Uruguayans are crossing into Argentina to shop for cheap food and…
Business PepsiCo lifts annual forecasts again on price hikes, steady demand The Cheap InvestorJuly 13, 2023July 13, 20230 By Ananya Mariam Rajesh (Reuters) – PepsiCo Inc on Thursday raised its annual revenue and profit forecasts for the second…
BusinessEconomy ECB policymakers open to further rate hikes past July The Cheap InvestorJuly 13, 2023July 13, 20230 FRANKFURT (Reuters) -The European Central Bank may need to continue raising interest rates beyond this month to bring inflation back…
BusinessEconomy US producer prices barely rise in June; core PPI subsides The Cheap InvestorJuly 13, 2023July 13, 20230 WASHINGTON (Reuters) – U.S. producer prices barely rose in June and the annual increase in producer inflation was the smallest…
AfricaAsia EM portfolios see $22 billion foreign inflow in June -IIF The Cheap InvestorJuly 13, 2023July 13, 20230 NEW YORK (Reuters) – Foreigners funneled over $22 billion net into emerging market portfolios in June, the largest amount since…