BusinessEconomy Broadcom’s $61 billion VMware deal wins conditional EU antitrust OK The Cheap InvestorJuly 12, 2023July 12, 20230 By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom secured EU antitrust approval on Wednesday for its $61 billion…
AfricaAsia Global public debt hits record $92 trillion – UN report The Cheap InvestorJuly 12, 2023July 12, 20230 By Jorgelina do Rosario LONDON (Reuters) -Global public debt surged to a record $92 trillion in 2022 as governments borrowed…
BusinessEconomy Investors target consumer goods makers on fears of customer exodus over high prices The Cheap InvestorJuly 12, 2023July 12, 20230 By Richa Naidu and Jessica DiNapoli LONDON/NEW YORK (Reuters) -Top U.S. and European investors are flagging their concerns about high…
BusinessEconomy Morgan Stanley hires healthcare services banker Cohen from Truist The Cheap InvestorJuly 12, 2023July 12, 20230 By David Carnevali and Svea Herbst-Bayliss NEW YORK (Reuters) – Morgan Stanley has hired veteran investment banker Daniel Cohen from…
BusinessEconomy Analysis-Banks step up U.S property loan tweaks to limit defaults The Cheap InvestorJuly 12, 2023July 12, 20230 By Shankar Ramakrishnan and Matt Tracy (Reuters) – Banks are showing a growing willingness to rework the terms of U.S….
BusinessEconomy UK economy shows strains and gains, complicating BoE’s job The Cheap InvestorJuly 12, 2023July 12, 20230 By William Schomberg LONDON (Reuters) – Britain’s economy is showing some signs of strain from the Bank of England’s 13…
EconomyEntertainment and Lifestyle Trans advocates in Russia brace for proposed gender surgery ban The Cheap InvestorJuly 12, 2023July 12, 20230 (Reuters) – Elle Solomina is 36, but she says her life truly began in 2021, when she changed her gender…
BusinessEconomy Cathie Wood’s ARK fund hits 11-month high as inflation ebbs The Cheap InvestorJuly 12, 2023July 12, 20230 By David Randall NEW YORK (Reuters) – The flagship fund of star stockpicker Cathie Wood hit an 11-month high Wednesday,…
BusinessEconomy Zara founder Ortega buys US warehouse for $109 million The Cheap InvestorJuly 12, 2023July 12, 20230 MADRID (Reuters) – Amancio Ortega, the founder of Zara-owner Inditex, has bought a warehouse in Los Angeles for $109 million…
BusinessEconomy US airline stock valuations stuck on runway despite travel boom The Cheap InvestorJuly 12, 2023July 12, 20230 By Rajesh Kumar Singh CHICAGO (Reuters) -Relentless travel demand has sent bookings at U.S. carriers soaring, translating into bumper earnings….