BusinessEconomy European shares jump as cooling US inflation boosts rate pause bets The Cheap InvestorJuly 12, 2023July 12, 20230 By Amruta Khandekar and Shreyashi Sanyal (Reuters) – European shares jumped on Wednesday as further evidence of easing consumer inflation…
BusinessEconomy Exclusive-Bonderman’s Wildcat seeks to thwart $2.9 billion Consolidated Communications deal The Cheap InvestorJuly 12, 2023July 12, 20230 By Anirban Sen NEW YORK (Reuters) -Wildcat Capital Management LLC, which manages the wealth of buyout firm TPG Inc’s co-founder…
BusinessEconomy Broadcom’s $61 billion VMware deal wins conditional EU antitrust OK The Cheap InvestorJuly 12, 2023July 12, 20230 By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom secured EU antitrust approval on Wednesday for its $61 billion…
AfricaAsia Global public debt hits record $92 trillion – UN report The Cheap InvestorJuly 12, 2023July 12, 20230 By Jorgelina do Rosario LONDON (Reuters) -Global public debt surged to a record $92 trillion in 2022 as governments borrowed…
BusinessEconomy Investors target consumer goods makers on fears of customer exodus over high prices The Cheap InvestorJuly 12, 2023July 12, 20230 By Richa Naidu and Jessica DiNapoli LONDON/NEW YORK (Reuters) -Top U.S. and European investors are flagging their concerns about high…
BusinessEconomy Morgan Stanley hires healthcare services banker Cohen from Truist The Cheap InvestorJuly 12, 2023July 12, 20230 By David Carnevali and Svea Herbst-Bayliss NEW YORK (Reuters) – Morgan Stanley has hired veteran investment banker Daniel Cohen from…
BusinessEconomy Analysis-Banks step up U.S property loan tweaks to limit defaults The Cheap InvestorJuly 12, 2023July 12, 20230 By Shankar Ramakrishnan and Matt Tracy (Reuters) – Banks are showing a growing willingness to rework the terms of U.S….
BusinessEconomy UK economy shows strains and gains, complicating BoE’s job The Cheap InvestorJuly 12, 2023July 12, 20230 By William Schomberg LONDON (Reuters) – Britain’s economy is showing some signs of strain from the Bank of England’s 13…
Business Brazil’s JBS reboots plans to list in New York, shares jump 8% The Cheap InvestorJuly 12, 2023July 12, 20230 By Ana Mano and Roberto Samora SAO PAULO (Reuters) -JBS SA, the world’s largest meat packer, on Wednesday proposed listing…
BusinessCanada Shopify to launch AI assistant for merchants The Cheap InvestorJuly 12, 2023July 12, 20230 (Reuters) – Canadian ecommerce firm Shopify said on Wednesday it would soon launch an artificial intelligence assistant for merchants on…