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Brazil lifts 2023 growth outlook thanks to booming farm sector

The Cheap InvestorJune 1, 2023June 1, 20230

By Marcela Ayres BRASILIA (Reuters) – Brazil’s economy rebounded more than expected in the first quarter, powered by a booming…

  • Business
  • Economy

Bank of America CEO sees investment banking and trading staying flat in Q2

The Cheap InvestorJune 1, 2023June 1, 20230

NEW YORK (Reuters) – Bank of America Corp expects investment banking fees and trading revenues to be broadly flat this…

  • Business
  • Economy

Brazil posts record trade surplus in May on surging exports

The Cheap InvestorJune 1, 2023June 1, 20230

BRASILIA (Reuters) – Brazil posted a $11.4 billion trade surplus in May, marking a record for any given month since…

  • Asia
  • Business

Oil rises 3% on US debt ceiling progress, traders on alert for OPEC+ meeting

The Cheap InvestorJune 1, 2023June 1, 20230

By Shariq Khan BENGALURU (Reuters) -Oil prices rose on Thursday by the most in two weeks ahead of an OPEC+…

  • Business
  • Economy

Apple denies surveillance claims made by Russia’s FSB

The Cheap InvestorJune 1, 2023June 1, 20230

(Reuters) – Apple Inc is denying claims made by Russia’s Federal Security Service (FSB) that it cooperated with American spies…

  • Business
  • Economy

Fed should stop raising rates, at least in June -Harker

The Cheap InvestorJune 1, 2023June 1, 20230

By Ann Saphir (Reuters) – U.S. central bankers should not raise interest rates at their next meeting, Philadelphia Federal Reserve…

  • Asia
  • Business

GQG adds more Nvidia as chipmaker has a ‘new leg’, says CIO

The Cheap InvestorJune 1, 2023June 1, 20230

By Carolina Mandl NEW YORK (Reuters) -A big buyer of Nvidia Corp’s shares in the first quarter, Australia-listed investment firm…

  • Asia
  • Economy

In Moldova, Zelenskiy presses NATO bid, seeks interim guarantees

The Cheap InvestorJune 1, 2023June 1, 20230

By John Irish and Andrew Gray BULBOACA, Moldova (Reuters) -President Volodymyr Zelenskiy pressed his case on Thursday for Ukraine to…

  • Economy
  • Latin America

Peru’s inflation rate dips slightly in May but still above forecast

The Cheap InvestorJune 1, 2023June 1, 20230

LIMA (Reuters) – Peru’s inflation rate based on the metropolitan region of the capital Lima fell to 0.32% in May,…

  • Asia
  • Economy

Pakistan central bank’s forex reserves fall $102 million to $4.09 billion in week ended May 26

The Cheap InvestorJune 1, 2023June 1, 20230

KARACHI, Pakistan (Reuters) – Pakistan’s central bank foreign reserves decreased by $102 million to $4.09 billion due to external debt…

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