BusinessEconomy Analysis-Fall from grace: How the property crash unravelled Sweden’s SBB The Cheap InvestorJuly 13, 2023July 13, 20230 By Marie Mannes, John O’Donnell and Chiara Elisei STOCKHOLM/LONDON/FRANKFURT (Reuters) – For hundreds of thousands of ordinary Swedes, investing in…
AsiaBusiness Shanghai Futures Exchange targets commodity storage outside China – sources The Cheap InvestorJuly 13, 2023July 13, 20230 By Pratima Desai and Siyi Liu LONDON/BEIJING (Reuters) -The Shanghai Futures Exchange (ShFE) is looking to expand its commodities warehousing…
BusinessEconomy UK’s Domino’s Pizza Group names new CEO The Cheap InvestorJuly 13, 2023July 13, 20230 (Reuters) -Domino’s Pizza Group said on Thursday Andrew Rennie, who has served as the Europe chief for a major franchise…
Business Disney extends CEO Bob Iger’s contract through 2026 The Cheap InvestorJuly 13, 2023July 13, 20230 (Reuters) -Walt Disney’s board on Wednesday extended Chief Executive Officer Robert Iger’s contract by two years as the experienced leader…
AsiaBusiness China’s Q2 GDP seen rising 7.3% y/y but on low base, recovery fades: Reuters poll The Cheap InvestorJuly 13, 2023July 13, 20230 By Kevin Yao BEIJING (Reuters) – China’s economy likely grew 7.3% in the second quarter from a year earlier due…
AsiaAustralia Australian banks say low unemployment is buffering home loans The Cheap InvestorJuly 13, 2023July 13, 20230 By Byron Kaye SYDNEY (Reuters) – The CEOs of Australia’s two biggest banks said on Thursday a tight labour market…
BusinessEconomy Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers The Cheap InvestorJuly 13, 2023July 13, 20230 By Ananya Mariam Rajesh, Granth Vanaik and Arriana McLymore (Reuters) -Amazon.com’s Prime Day two-day shopping event saw U.S. online sales…
BusinessCanada J.P.Morgan, Goldman raise Canada central bank terminal rate forecast to 5.25% The Cheap InvestorJuly 13, 2023July 13, 20230 (Reuters) – J.P.Morgan and Goldman Sachs said on Wednesday they now expect the Bank of Canada (BoC) to deliver one…
AsiaBusiness McDonald’s China owners Carlyle, Trustar plan $4 billion exit – Bloomberg News The Cheap InvestorJuly 13, 2023July 13, 20230 (Reuters) -Carlyle Group Inc and Trustar Capital are planning to raise $4 billion from wealth funds to buy part of…
AsiaBusiness Exclusive-China’s Qingdao sets up firm to bail out its local govt financing arms-sources The Cheap InvestorJuly 13, 2023July 13, 20230 By Samuel Shen and Tom Westbrook (Reuters) – Qingdao city in China’s debt-laden Shandong province has set up a company…