BusinessEconomy Countdown to mega merger – how Credit Suisse wobbled and UBS rushed to rescue The Cheap InvestorJune 12, 2023June 12, 20230 ZURICH (Reuters) – UBS Group’s takeover of Credit Suisse, arranged by the Swiss authorities to stave off a broader banking…
BusinessEconomy Nasdaq to buy fintech firm Adenza for $10.5 billion, rattling some investors The Cheap InvestorJune 12, 2023June 12, 20230 By Manya Saini, Anirban Sen and John McCrank (Reuters) -Nasdaq on Monday agreed to buy Thoma Bravo-owned software firm Adenza…
BusinessEconomy Denmark looks to curb collection of data on children by Big Tech The Cheap InvestorJune 12, 2023June 12, 20230 COPENHAGEN (Reuters) – Denmark aims to raise the age limit for the collection of personal data from children by tech…
AsiaAustralia US dollar inches higher ahead of inflation data, Fed rate decision The Cheap InvestorJune 12, 2023June 12, 20230 By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar inched higher on Monday, trading in a narrow range as investors…
BusinessEconomy Binance plans to swap 750 million of token pairs to ensure liquidity The Cheap InvestorJune 12, 2023June 12, 20230 (Reuters) – Binance said in a tweet on Monday it would swap 750 million tether-tron token pairs for tether-ether in…
BusinessEconomy Rallying U.S. stocks are pulling in sidelined investors, Deutsche Bank says The Cheap InvestorJune 12, 2023June 12, 20230 By Saqib Iqbal Ahmed NEW YORK (Reuters) – A steadily rising U.S. stock market appears to be drawing investors off…
BusinessEconomy PIMCO’s bond CIO says underweight dollar, sees value in UK gilts The Cheap InvestorJune 12, 2023June 12, 20230 By Harry Robertson LONDON (Reuters) – PIMCO is underweight the U.S. dollar and overweight UK government bonds in some funds,…
BusinessEconomy U.S. West Coast port labor skirmishes simmer; contract still elusive The Cheap InvestorJune 12, 2023June 12, 20230 By Lisa Baertlein (Reuters) – West Coast seaport employers on Monday criticized worker absences, which they said were slowing work…
BusinessEconomy Sphere Entertainment to launch immersive content studio in Hollywood The Cheap InvestorJune 12, 2023June 12, 20230 (Reuters) – Sphere Entertainment said on Monday it was launching Sphere Studios in Hollywood to create immersive film content for…
AsiaBusiness India imposes wheat stock limit to arrest price rise The Cheap InvestorJune 12, 2023June 12, 20230 NEW DELHI (Reuters) -India has imposed a limit on the amount of wheat stocks traders can hold in an effort…