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The Cheap Investor

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The Cheap Investor

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Economy

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Brazil to renegotiate low-income debt using state guarantees from September

The Cheap InvestorJuly 14, 2023July 14, 20230

BRASILIA (Reuters) -Brazil is to launch a debt renegotiation program for millions of lower-income individuals using state guarantees in September,…

  • Business
  • Economy

S&P 500 Q2 earnings now seen down 8.1% yr-over-yr; 6.4% decline seen week ago-Refinitiv

The Cheap InvestorJuly 14, 2023July 14, 20230

NEW YORK (Reuters) – S&P 500 company aggregate earnings for the second quarter are now seen down 8.1% from the…

  • Asia
  • Business

Rupee-UAE dirham trade mechanism may launch during Modi visit Saturday -sources

The Cheap InvestorJuly 14, 2023July 14, 20230

By Nidhi Verma, Shivangi Acharya and Krishn Kaushik NEW DELHI (Reuters) – India and the United Arab Emirates may announce…

  • Asia
  • Economy

No sign of Russian intent to change tack on Ukraine war, Blinken says

The Cheap InvestorJuly 14, 2023July 14, 20230

By Kate Lamb and Stanley Widianto JAKARTA (Reuters) – Russia shows no sign of changing direction in its war on…

  • Business
  • Economy

Citigroup profit drops 36% on trading slump, rising expenses

The Cheap InvestorJuly 14, 2023July 14, 20230

By Tatiana Bautzer and Mehnaz Yasmin (Reuters) -Citigroup beat analysts’ estimates for second-quarter profit on Friday as higher interest payments…

  • Business
  • Economy

UPS strike could be costliest in US in a century, study says

The Cheap InvestorJuly 14, 2023July 14, 20230

By Lisa Baertlein (Reuters) -A threatened U.S. strike at United Parcel Service could be “one of the costliest in at…

  • Business
  • Economy

UK extends Activision deadline after receiving Microsoft’s ‘complex’ proposal

The Cheap InvestorJuly 14, 2023July 14, 20230

By Paul Sandle LONDON (Reuters) – Britain’s competition regulator on Friday extended its final deadline on Microsoft’s Activision Blizzard deal…

  • Economy
  • Latin America

Brazil retail sales fall in May, and miss expectations

The Cheap InvestorJuly 14, 2023July 14, 20230

SAO PAULO (Reuters) -Brazil’s retail sales fell in May and missed expectations, government statistics agency IBGE showed on Friday, as…

  • Business
  • Economy

US consumer sentiment near two-year high in July

The Cheap InvestorJuly 14, 2023July 14, 20230

WASHINGTON (Reuters) – U.S. consumer sentiment jumped to the highest level in nearly two years in July as inflation subsided…

  • Business
  • Economy

Highly shorted Nikola jumps as retail army scoops up shares after BayoTech deal

The Cheap InvestorJuly 14, 2023July 14, 20230

(Reuters) – Shares of Nikola Corp jumped 14% on Friday, a day after a short squeeze sent the electric-truck maker’s…

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