BusinessEconomy Analysis-Delta’s pilot deal turns up the heat on rival airlines’ union negotiations The Cheap InvestorMay 4, 2023May 4, 20230 By Rajesh Kumar Singh and Allison Lampert (Reuters) – Delta Air Lines’ industry-changing pilot contract that offers $7 billion in…
BusinessEconomy Qualcomm amplifies chip gloom with ‘sobering report’ The Cheap InvestorMay 4, 2023May 4, 20230 (Reuters) -Qualcomm Inc’s shares sank 7% on Thursday after the chip designer signalled it would take longer for its crucial…
AsiaBusiness Russian rouble soars to one-month high as oil prices halt slide The Cheap InvestorMay 4, 2023May 4, 20230 By Alexander Marrow (Reuters) -The Russian rouble climbed sharply to a more-than-one-month high on Thursday, gaining for a fifth straight…
BusinessEconomy Argentina seeks US, Brazil support for faster IMF payouts – gov’t sources The Cheap InvestorMay 4, 2023May 4, 20230 By Bernardo Caram and Nicolás Misculin BRASILIA/BUENOS AIRES (Reuters) – Argentina is seeking new easing of targets in its $44…
BusinessEconomy Shell posts $10 billion profit as trading offsets lower energy prices The Cheap InvestorMay 4, 2023May 4, 20230 By Ron Bousso and Shadia Nasralla LONDON (Reuters) – Shell on Thursday posted first-quarter net profit of $9.65 billion as…
BusinessEconomy US trade deficit narrows sharply in March as exports rise The Cheap InvestorMay 4, 2023May 4, 20230 WASHINGTON (Reuters) – The U.S. trade deficit narrowed sharply in March as exports increased, which could position trade to continue…
BusinessEconomy US productivity drops in first quarter; labor costs jump The Cheap InvestorMay 4, 2023May 4, 20230 WASHINGTON (Reuters) – U.S. worker productivity fell more than expected in the first quarter after growing in the second half…
BusinessEconomy TenneT sale talks slow as Germany, Netherlands differ on price, offshore The Cheap InvestorMay 4, 2023May 4, 20230 By Toby Sterling, Christoph Steitz and Markus Wacket AMSTERDAM/BERLIN (Reuters) – Talks on a planned sale of Dutch state-owned electricity…
BusinessEconomy Instant View: ECB delivers seventh consecutive rate hike The Cheap InvestorMay 4, 2023May 4, 20230 LONDON (Reuters) – The European Central Bank eased the pace of its interest rate hikes on Thursday and kept its…
BusinessEconomy Adecco sales top forecast as corporate Europe hires temps The Cheap InvestorMay 4, 2023May 4, 20230 By Andrey Sychev (Reuters) -Adecco Group beat first-quarter sales expectations on Thursday as companies turned to temporary workers after laying…