AsiaBusiness Hedge funds bet consumers will rein in U.S. spending – Goldman Sachs The Cheap InvestorMay 2, 2023May 2, 20230 By Nell Mackenzie LONDON (Reuters) – Global hedge funds’ bearish positions reached year highs in April, largely aimed at companies…
AfricaBusiness Tinder owner Match Group swipes left on Russia, pledging exit by June 30 The Cheap InvestorMay 2, 2023May 2, 20230 By Alexander Marrow (Reuters) – Tinder owner Match Group has said it will quit Russia by June 30, citing the…
EuropeMiddle East Exclusive-Turkish raid prompted ISIS leader to detonate suicide vest The Cheap InvestorMay 2, 2023May 2, 20230 By Orhan Coskun, Ahmed Rasheed and Timour Azhari ANKARA/BAGHDAD (Reuters) – ISIS leader Abu Hussein al-Qurashi’s six-month rule ended when…
BusinessEconomy UK factory activity shrinks in April but cost pressures ease -PMI The Cheap InvestorMay 2, 2023May 2, 20230 By Suban Abdulla LONDON (Reuters) – British factory output and new orders contracted at the start of the second quarter…
BusinessEconomy Italy’s manufacturing sector contracts sharply in April – PMI The Cheap InvestorMay 2, 2023May 2, 20230 ROME (Reuters) – Italy’s manufacturing sector shrank in April, ending three months of growth, as production and new orders fell…
BusinessEurope German makers of Leopard 2 tank settle legal dispute The Cheap InvestorMay 2, 2023May 2, 20230 DUESSELDORF (Reuters) – German arms makers Rheinmetall and Krauss-Maffei Wegmann have settled a legal dispute over the intellectual property rights…
BusinessEconomy German manufacturing contracts in April but output ticks up -PMI The Cheap InvestorMay 2, 2023May 2, 20230 BERLIN (Reuters) – Germany’s manufacturing sector contracted at the fastest rate in almost three years in April, although firms increased…
BusinessEconomy French manufacturing contracts further in April – final PMI The Cheap InvestorMay 2, 2023May 2, 20230 PARIS (Reuters) – France’s manufacturing sector contracted further in April as new orders fell and the impact of protests against…
BusinessEconomy Factbox-Lawsuits lodged over state-backed Credit Suisse takeover The Cheap InvestorMay 2, 2023May 2, 20230 (Reuters) -Hundreds of lawsuits have been filed over the terms of an emergency deal to save Swiss lender Credit Suisse…
EconomyEurope Turkish factory activity growth gathers pace in April -PMI The Cheap InvestorMay 2, 2023May 2, 20230 ISTANBUL (Reuters) – Growth in new orders and output helped Turkish factory activity expand at a faster pace in April,…