BusinessEconomy US bank stocks fall as investors turn jittery ahead of Q2 results The Cheap InvestorJuly 6, 2023July 6, 20230 By Manya Saini (Reuters) -U.S. bank stocks fell and a key regional index hit a near two-week low on Thursday…
BusinessEconomy Amazon’s iRobot deal in EU antitrust crosshairs The Cheap InvestorJuly 6, 2023July 6, 20230 By Foo Yun Chee BRUSSELS (Reuters) -Amazon’s $1.7 billion acquisition of robot vacuum cleaner maker iRobot may reduce competition and…
BusinessEconomy UBS overhauls leadership at wealth management division The Cheap InvestorJuly 6, 2023July 6, 20230 ZURICH (Reuters) -UBS’s flagship global wealth management business on Thursday announced a raft of management changes triggered by the Swiss…
BusinessEconomy UK house building slumps as interest rates rise The Cheap InvestorJuly 6, 2023July 6, 20230 By David Milliken and Andy Bruce LONDON (Reuters) -British house building fell in June at the sharpest pace in more…
BusinessCanada BoC to raise rates 25 bps on July 12, possibly the last: Reuters poll The Cheap InvestorJuly 6, 2023July 6, 20230 By Milounee Purohit BENGALURU (Reuters) – The Bank of Canada will raise interest rates by a quarter-point for a second…
BusinessEconomy Small U.S. homebuilders tap the brakes as credit squeeze, rising rates hurt The Cheap InvestorJuly 6, 2023July 6, 20230 By Ananta agarwal (Reuters) – Small U.S. homebuilders are backing off from bringing more houses to the market, discouraged by…
AsiaAustralia Pfizer makes equity investment in Caribou Biosciences The Cheap InvestorJuly 6, 2023July 6, 20230 (Reuters) – Pfizer has invested $25 million to buy a minority stake in Caribou Biosciences, making it the latest small…
BusinessEconomy US labor market shows resilience on eve of June’s employment report The Cheap InvestorJuly 6, 2023July 6, 20230 By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week,…
EconomyElections Greece’s re-elected PM outlines government goals up to 2027 The Cheap InvestorJuly 6, 2023July 6, 20230 By Renee Maltezou and Lefteris Papadimas ATHENS (Reuters) -Greece’s re-elected Prime Minister Kyriakos Mitsotakis on Thursday pledged his conservative government…
AsiaBusiness European shares hit 14-week low on rate hike jitters The Cheap InvestorJuly 6, 2023July 6, 20230 By Shreyashi Sanyal (Reuters) -European shares slumped to their lowest level in three months on Thursday, as heightened concerns about…