EconomyLatin America Brazil inflation hits 30-month low as govt calls for rate cuts The Cheap InvestorApril 26, 2023April 26, 20230 By Gabriel Araujo SAO PAULO (Reuters) -Brazil’s inflation slowed more than expected and reached its lowest since late 2020 in…
BusinessEconomy German government slightly raises 2023 GDP forecast The Cheap InvestorApril 26, 2023April 26, 20230 BERLIN (Reuters) -The German government has raised its economic growth forecast for this year to 0.4% from a previously predicted…
BusinessEconomy EU countries should focus on net expenditure, cut debt over 4 years -EU executive The Cheap InvestorApril 26, 2023April 26, 20230 By Jan Strupczewski BRUSSELS (Reuters) -The European Commission proposed on Wednesday that, under a reform of the EU’s fiscal rules,…
BusinessEconomy Factbox-US banks hit by deposit flight as clients seek higher returns The Cheap InvestorApril 26, 2023April 26, 20230 (Reuters) – The closure of two U.S. regional banks in March shook investor confidence in the banking industry and drove…
BusinessEconomy U.S. goods trade deficit narrows sharply in March; retail inventories rise The Cheap InvestorApril 26, 2023April 26, 20230 WASHINGTON (Reuters) – The U.S. trade deficit in goods narrowed sharply in March as exports surged and imports declined, which…
AsiaBusiness Smaller EV prices to come down as EV sales climb, IEA says The Cheap InvestorApril 26, 2023April 26, 20230 By Victoria Waldersee BERLIN (Reuters) – Nearly one in five cars sold globally this year will be electric, with the…
AsiaBusiness Analysis-Market calm invites risk of BOJ shock The Cheap InvestorApril 26, 2023April 26, 20230 By Junko Fujita and Tom Westbrook TOKYO (Reuters) – Investors have dialled down wagers on a policy shift at the…
BusinessEconomy Roche Q1 sales decline tempered by swift uptake of new eye drug The Cheap InvestorApril 26, 2023April 26, 20230 By Ludwig Burger (Reuters) -Switzerland’s Roche said first-quarter sales dropped 7% on falling demand for its COVID-19 therapies and tests,…
BusinessEconomy GSK stays strong as healthy sales beat expectations The Cheap InvestorApril 26, 2023April 26, 20230 By Natalie Grover and Maggie Fick LONDON (Reuters) -GSK began 2023 with a quarterly performance that beat analyst expectations and…
BusinessEconomy First Republic advisers have lined up potential purchasers of bank’s new stock – CNBC The Cheap InvestorApril 26, 2023April 26, 20230 (Reuters) – First Republic Bank’s advisers have already lined up potential purchasers of new stock in the lender if they…