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Economy

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Blackstone, TPG vie for U.S. fund administrator Standish -sources

The Cheap InvestorJuly 6, 2023July 6, 20230

By Pablo Mayo Cerqueiro and Amy-Jo Crowley LONDON (Reuters) – Buyout houses including Blackstone Inc. and TPG Inc. are evaluating…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

  • Business
  • Canada

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…

  • Business
  • Economy

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…

  • Asia
  • Australia

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…

  • Business
  • Economy

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,…

  • Economy
  • Elections

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…

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