BusinessCanada Canada M&A activity improves, but dealmakers uncertain on second-half outlook The Cheap InvestorJuly 6, 2023July 6, 20230 By Maiya Keidan TORONTO (Reuters) – Canadian mergers and acquisitions (M&A) volumes picked up in the second quarter driven primarily…
BusinessCanada Toronto home prices fall in June as borrowing costs rise The Cheap InvestorJuly 6, 2023July 6, 20230 TORONTO (Reuters) – Greater Toronto Area (GTA) home prices fell in June, the first drop in five months, as the…
AsiaBusiness Samsung profit likely lowest in more than 14 years as chip glut persists The Cheap InvestorJuly 6, 2023July 6, 20230 By Joyce Lee SEOUL (Reuters) -Samsung Electronics’ June-quarter profit is expected to plunge 96% on-year to the lowest for any…
BusinessEconomy Norwegian Air to buy regional peer Wideroe for $106 million The Cheap InvestorJuly 6, 2023July 6, 20230 By Victoria Klesty OSLO (Reuters) -Norwegian Air has agreed to buy domestic peer Wideroe for 1.13 billion crowns ($106 million)…
BusinessEconomy Malaysia’s central bank hits pause on rates as price pressures ease The Cheap InvestorJuly 6, 2023July 6, 20230 By A. Ananthalakshmi and Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia’s central bank kept benchmark interest rates unchanged on Thursday, as…
BusinessEconomy Hedge fund Verition joins rush to Dubai financial hub The Cheap InvestorJuly 6, 2023July 6, 20230 By Hadeel Al Sayegh DUBAI (Reuters) – U.S.-based Verition Fund Management is opening an office in Dubai, joining a raft…
AsiaBusiness Exclusive-Raiffeisen delays quitting Russia as Austria defends ties -sources The Cheap InvestorJuly 6, 2023July 6, 20230 By John O’Donnell and Alexandra Schwarz-Goerlich VIENNA (Reuters) – Raiffeisen Bank International is delaying plans to leave Russia, three people…
BusinessEconomy German industrial orders up but situation still critical, say analysts The Cheap InvestorJuly 6, 2023July 6, 20230 By Maria Martinez BERLIN (Reuters) -German industrial orders rose significantly more than expected in May due to large-scale orders of…
AsiaAustralia PwC asked to name companies it pitched on basis of leaked Australian tax plans The Cheap InvestorJuly 6, 2023July 6, 20230 By Lewis Jackson SYDNEY (Reuters) – Two lawmakers on Thursday called on PwC Australia to name all the companies it…
BusinessEconomy CEE FX set to weaken as rate cuts come into view: Reuters poll The Cheap InvestorJuly 6, 2023July 6, 20230 By Jason Hovet and Alan Charlish WARSAW/PRAGUE (Reuters) – Central European currencies are expected to weaken over the next 12…