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The Cheap Investor

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The Cheap Investor

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Europe

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Jury in Brussels bombing trial set to consider verdict

The Cheap InvestorJuly 6, 2023July 6, 20230

By Marine Strauss BRUSSELS (Reuters) – A jury in the trial of 10 men accused of involvement in the triple…

  • Asia
  • Business

Startup e-commerce platform Temu expands to Japan

The Cheap InvestorJuly 6, 2023July 6, 20230

SHANGHAI (Reuters) – Ultra low-cost e-commerce platform Temu, owned by PDD Holdings, has started selling to Japan, marking its first…

  • Business
  • Economy

Mercedes to extend CEO Kallenius’ contract – Handelsblatt

The Cheap InvestorJuly 6, 2023July 6, 20230

BERLIN (Reuters) – Mercedes-Benz wants to extend Chief Executive Ola Kallenius’ contract, keeping the 54-year-old at the helm of the…

  • Asia
  • Europe

Russia: US access to detained reporter Gershkovich on reciprocal basis

The Cheap InvestorJuly 6, 2023July 6, 20230

(Reuters) – Russia will allow the U.S. ambassador to Moscow to visit detained Wall Street Journal reporter Evan Gershkovich “on…

  • Asia
  • Business

Marketmind: Markets labor on China, three jobs gauges

The Cheap InvestorJuly 6, 2023July 6, 20230

A look at the day ahead in U.S. and global markets from Mike Dolan World markets have taken a hit…

  • Business
  • Economy

ECB backs draft EU rules for winding down smaller banks

The Cheap InvestorJuly 6, 2023July 6, 20230

FRANKFURT (Reuters) – The European Central Bank on Thursday backed proposed new EU rules for closing down smaller banks when…

  • Business
  • Economy

Euro zone retail sales flat in May, still down year-on-year

The Cheap InvestorJuly 6, 2023July 6, 20230

BRUSSELS (Reuters) – Retail sales in the euro zone were unchanged in May, Eurostat said on Thursday, as increased spending…

  • Business
  • Economy

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)…

  • Asia
  • Business

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…

  • Business
  • Economy

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…

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