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Economy

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Chevron export earnings boost supply of US dollars in Venezuela -sources

The Cheap InvestorMay 2, 2023May 2, 20230

By Mayela Armas CARACAS (Reuters) – Some of U.S. oil major Chevron Corp’s export earnings from its Venezuela operations are…

  • Business
  • Canada

Perfect storm in Minnesota labor market is worrying harbinger for the Fed

The Cheap InvestorMay 2, 2023May 2, 20230

By Howard Schneider FARIBAULT, Minnesota (Reuters) – Demand for Daikin Applied Americas Inc’s climate control equipment is soaring, and worker…

  • Business
  • Economy

In race for efficient EVs, Mercedes taps F1 team to keep up with Tesla

The Cheap InvestorMay 2, 2023May 2, 20230

By Nick Carey BRIXWORTH, England (Reuters) – Mercedes-Benz has plugged its Formula One team into the engineering process to build…

  • Business
  • Economy

BP’s profit hits $5 billion but shares slip on slowing buybacks

The Cheap InvestorMay 2, 2023May 2, 20230

By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP made a $5 billion profit in the first quarter of…

  • Business
  • Economy

Key Fed officials see low-rate world as likely to return one day

The Cheap InvestorMay 2, 2023May 2, 20230

By Michael S. Derby (Reuters) – For all the assertions that the pandemic and the inflation surge that followed it…

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  • Economy

Italy CPI rises again in April amid energy prices volatility

The Cheap InvestorMay 2, 2023May 2, 20230

By Antonella Cinelli ROME (Reuters) – Italian inflation jumped unexpectedly in April, driven by another spike in energy prices, official…

  • Business
  • Economy

HSBC soothes shareholders by restoring dividend as profit triples

The Cheap InvestorMay 2, 2023May 2, 20230

By Selena Li and Lawrence White HONG KONG/LONDON (Reuters) – HSBC tripled its profit in the first quarter as rising…

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  • Economy

AerCap says aircraft delivery delays boosting leases, sales

The Cheap InvestorMay 2, 2023May 2, 20230

DUBLIN (Reuters) – AerCap expects to deliver full-year earnings at the higher end of its guidance as a broadening travel…

  • Business
  • Economy

US factory orders rebound on aircraft in March

The Cheap InvestorMay 2, 2023May 2, 20230

WASHINGTON (Reuters) – New orders for U.S.-made goods rebounded in March, boosted by a jump in civilian aircraft bookings, but…

  • Business
  • Economy

Germany must focus on sustainability of public finances – Fin Min

The Cheap InvestorMay 2, 2023May 2, 20230

BERLIN (Reuters) – Germany needs to be decisive in consolidating its public finances and to set clear spending priorities, German…

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