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Economy

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Stellantis tells UK to change Brexit deal or see car plants close

The Cheap InvestorMay 17, 2023May 17, 20230

By Kate Holton and Nick Carey LONDON (Reuters) – British car plants will close with the loss of thousands of…

  • Business
  • Economy

Ford calls for extension of post-Brexit trade rules to 2027

The Cheap InvestorMay 17, 2023May 17, 20230

By Nick Carey LONDON (Reuters) -Ford on Wednesday called for post-Brexit EU trade requirements on rules of origin for electric…

  • Economy
  • Latin America

Brazil yet to consolidate disinflation, central bank chief says

The Cheap InvestorMay 17, 2023May 17, 20230

BRASILIA (Reuters) – Brazil faces challenges in consolidating disinflation despite progress made so far, central bank chief Roberto Campos Neto…

  • Business
  • Economy

Pfizer to raise $31 billion for Seagen takeover in largest debt offering

The Cheap InvestorMay 17, 2023May 17, 20230

(Reuters) -Pfizer Inc is planning to raise $31 billion through its largest debt offering to finance its proposed acquisition of…

  • Business
  • Economy

Experian’s outlook highlights North America lending woes

The Cheap InvestorMay 17, 2023May 17, 20230

By Eva Mathews (Reuters) -Experian Plc’s annual revenue growth forecast on Wednesday signalled a challenging economic backdrop, especially in North…

  • Business
  • Economy

UK’s Melrose Industries lifts 2025 expectations on aerospace focus

The Cheap InvestorMay 17, 20230

(Reuters) – Melrose Industries Plc expects its engines business to power its profit margins in 2025 as aftermarket services would…

  • Business
  • Economy

IMF’s Gopinath sees ‘sizeable’ upside inflation risks, says markets too optimistic

The Cheap InvestorMay 17, 2023May 17, 20230

WASHINGTON (Reuters) – The International Monetary Fund’s no. 2 official said on Wednesday she sees sizeable risks that inflation will…

  • Business
  • Economy

U.S. House Speaker McCarthy says he thinks U.S. will not default

The Cheap InvestorMay 17, 2023May 17, 20230

WASHINGTON (Reuters) -House Speaker Kevin McCarthy on Wednesday said he believed the United States will not default on its debt…

  • Asia
  • Economy

China’s Xi pledges deeper Kazakh ties in times of ‘prosperity and adversity’

The Cheap InvestorMay 17, 2023May 17, 20230

By Andrew Hayley XIAN, China (Reuters) -China wants to further deepen relations with Kazakhstan in times of both “prosperity and…

  • Business
  • Economy

JD Sports’ profit to top 1 billion pounds as trainers become ‘new normal’

The Cheap InvestorMay 17, 2023May 17, 20230

By James Davey LONDON (Reuters) -JD Sports Fashion expects underlying profit to exceed 1 billion pounds ($1.3 billion) for the…

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