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Economy

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Commerzbank executive drops out of running for board after talks with ECB

The Cheap InvestorJune 20, 2023June 20, 20230

FRANKFURT (Reuters) – Ruediger Rass, an executive with Germany’s Commerzbank, has decided to remain in his current role rather than…

  • Africa
  • Asia

Common Framework, familiar problems: hopes of debt breakthrough fade

The Cheap InvestorJune 20, 2023June 20, 20230

(Repeats fixing typo in last quote) By Libby George LONDON (Reuters) – Cautious optimism in the developing world that wealthier…

  • Asia
  • Business

Singapore’s Grab cuts 1,000 jobs to stay competitive

The Cheap InvestorJune 20, 2023June 20, 20230

By Xinghui Kok SINGAPORE (Reuters) – Singapore-based Grab Holdings, Southeast Asia’s leading ride-hailing and food delivery app, is cutting 1,000…

  • Business
  • Economy

Goldman Sachs Asset Management head of healthcare investing to leave

The Cheap InvestorJune 20, 2023June 20, 20230

By Saeed Azhar NEW YORK (Reuters) -The head of healthcare investing at Goldman Sachs Asset Management, Jo Natauri, will leave…

  • Asia
  • Business

Pirelli CEO-designate Giorgio Bruno to leave the company

The Cheap InvestorJune 20, 2023June 20, 20230

ROME (Reuters) – Giorgio Bruno, who was the designated new CEO of Italian tyremaker Pirelli, is leaving the company, shareholder…

  • Asia
  • Economy

Blinken: U.S. to set out a ‘robust’ assistance package for Ukraine

The Cheap InvestorJune 20, 2023June 20, 20230

LONDON (Reuters) – U.S. Secretary of State Antony Blinken said he would set out a new assistance package for Ukraine…

  • Business
  • Economy

Deutsche Bank’s new retail boss primed for sector shake-up

The Cheap InvestorJune 20, 2023June 20, 20230

By Tom Sims FRANKFURT (Reuters) – Deutsche Bank’s new retail boss wants to get cyber-savvy youth into bank branches and…

  • Business
  • Economy

Exclusive-Kyiv in talks with Western weapons makers about setting up production in Ukraine -minister

The Cheap InvestorJune 20, 2023June 20, 20230

By Joanna Plucinska and Valerie Insinna PARIS (Reuters) -Ukraine is in negotiations with Western arms manufacturers to boost production of…

  • Economy
  • Middle East

Egypt seen leaving interest rates on hold on Thursday

The Cheap InvestorJune 20, 2023June 20, 20230

CAIRO (Reuters) -The Central Bank of Egypt (CBE) is expected to leave its overnight interest rates unchanged on Thursday after…

  • Asia
  • Business

Philippine central bank on hold for rest of year, cut in early 2024: Reuters poll

The Cheap InvestorJune 20, 2023June 20, 20230

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – The Philippine central bank will leave its key interest rate unchanged at…

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