BusinessEconomy Italy March jobless rate edges down to 7.8%, lowest since April 2020 The Cheap InvestorMay 3, 2023May 3, 20230 ROME, May 3 (Reuters) – Italy’s unemployment rate edged down to 7.8% in March from 7.9% in February, data showed…
BusinessEconomy France’s Le Maire wants to break food price inflation “spiral” by autumn The Cheap InvestorMay 3, 2023May 3, 20230 PARIS (Reuters) – Finance Minister Bruno Le Maire said on Wednesday that he would meet with retailers and suppliers next…
EuropePolitics Fuel depot ablaze near key Crimea bridge in Russia The Cheap InvestorMay 3, 2023May 3, 20230 (Reuters) – A fuel depot was on fire early on Wednesday near a crucial bridge linking Russia’s mainland with Crimea,…
EconomyEurope Andurand oil fund slips 15% in March, down 34% year to date – Societe Generale The Cheap InvestorMay 3, 20230 By Nell Mackenzie LONDON (Reuters) – Hedge fund manager Pierre Andurand’s Commodities Discretionary Enhanced Fund ended March down 15% and…
BusinessEconomy Metro Bank posts second quarter of profitability on mortgage loans demand The Cheap InvestorMay 3, 2023May 3, 20230 (Reuters) – Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net inflows…
BusinessEconomy UniCredit raises 2023 goals after stronger than expected quarter The Cheap InvestorMay 3, 2023May 3, 20230 MILAN (Reuters) – UniCredit on Wednesday raised its financial targets for the year, after posting much stronger than expected first…
AsiaBusiness Global rate hike push slows to a trickle in April ahead of busy May The Cheap InvestorMay 3, 2023May 3, 20230 By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Interest rate hikes from central banks around the globe slowed to…
BusinessEconomy Analysis-Investors see big Novo Nordisk stock boost if obesity drug shows heart benefit The Cheap InvestorMay 3, 2023May 3, 20230 By Maggie Fick LONDON (Reuters) – Positive trial data showing Novo Nordisk’s obesity drug helps save and extend lives, not…
BusinessEconomy Analysis-From tea to ketchup, some shelves lie empty as retailers struggle to predict demand The Cheap InvestorMay 3, 2023May 3, 20230 By Richa Naidu and Helen Reid LONDON/BARCELONA (Reuters) – A “salad crisis” affecting British supermarkets hit headlines earlier this year…
BusinessEconomy Marketmind: Deja vu for Powell, as bank and debt fears revive The Cheap InvestorMay 3, 2023May 3, 20230 A look at the day ahead in European and global markets from Ankur Banerjee For the second time this year,…