BusinessEconomy Norway government ups spending by $5.3 billion due to inflation, Ukraine aid The Cheap InvestorMay 11, 2023May 11, 20230 OSLO (Reuters) -Norway’s centre-left government said on Thursday it plans to spend an extra 56 billion Norwegian crowns ($5.3 billion)…
BusinessEconomy Outgoing Thyssenkrupp CEO pledges leadership change won’t slow execution The Cheap InvestorMay 11, 2023May 11, 20230 By Christoph Steitz and Tom Käckenhoff FRANKFURT (Reuters) – Thyssenkrupp’s outgoing Chief Executive Martina Merz sought to assuage investor fears…
AsiaBusiness Yellen says G7 members looking at how to counter China’s ‘economic coercion’ The Cheap InvestorMay 11, 2023May 11, 20230 By Andrea Shalal NIIGATA, Japan (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said many members of the Group…
BusinessEconomy Cost of insuring against U.S. default rises to highest since 2009 The Cheap InvestorMay 11, 2023May 11, 20230 LONDON (Reuters) – The cost of insuring against a U.S. default rose to its highest since early 2009 on Thursday,…
AsiaBusiness Rolls-Royce turnaround moving ‘at pace’ under new CEO The Cheap InvestorMay 11, 2023May 11, 20230 By Sarah Young and Paul Sandle LONDON (Reuters) -British engine maker Rolls-Royce said the new CEO’s plan to boost the…
BusinessEconomy Euro zone consumers raise inflation expectations – ECB survey The Cheap InvestorMay 11, 2023May 11, 20230 FRANKFURT (Reuters) -Euro zone consumers raised their inflation expectations in March for the first time since the autumn, even as…
AsiaEconomy Brazil’s Haddad raises concerns about economic situation, drought in Argentina The Cheap InvestorMay 11, 2023May 11, 20230 By Andrea Shalal NIIGATA, Japan (Reuters) – Brazilian Finance Minister Fernando Haddad expressed serious concerns on Thursday that Argentina’s economic…
BusinessEconomy UAE’s ADNOC to offer 15% stake in logistics unit IPO The Cheap InvestorMay 11, 2023May 11, 20230 DUBAI (Reuters) – Abu Dhabi oil giant ADNOC intends to offer 15% of its shares in unit ADNOC Logistics & Services…
AsiaEconomy BOJ’s Ueda: G7 finance chiefs to debate financial system risks The Cheap InvestorMay 11, 2023May 11, 20230 By Leika Kihara NIIGATA, Japan (Reuters) – Calm has returned to the global financial system after the recent failure of…
BusinessEconomy Honda sees full-year profit rising 19% after missing forecasts in Q4 The Cheap InvestorMay 11, 2023May 11, 20230 TOKYO (Reuters) – Japan’s Honda Motor Co on Thursday forecast a 19.1% rise in operating profit for this business year,…