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US stocks slip, crude gains on Russia tensions, rate hike worries

The Cheap InvestorJune 26, 2023June 26, 20230

By Stephen Culp NEW YORK (Reuters) – Wall Street lost ground on Monday and crude prices advanced as investors digested…

  • Asia
  • Business

Biden: US, allies not involved in uprising against Putin

The Cheap InvestorJune 26, 2023June 26, 20230

By Jeff Mason, Steve Holland and Simon Lewis WASHINGTON (Reuters) -President Joe Biden on Monday said a brief uprising by…

  • Europe
  • Politics

US says it is a new thing to see Putin’s leadership directly challenged

The Cheap InvestorJune 26, 2023June 26, 20230

By Simon Lewis WASHINGTON (Reuters) – The U.S. State Department on Monday said the situation in Russia remains dynamic days…

  • Business
  • Economy

Kering snaps up fragrance label Creed for new beauty division

The Cheap InvestorJune 26, 2023June 26, 20230

By Mimosa Spencer PARIS (Reuters) – Gucci owner Kering said on Monday it had struck a deal to buy high-end…

  • Asia
  • Australia

Dollar edges off 15-month high vs rouble as Russia eyed

The Cheap InvestorJune 26, 2023June 26, 20230

By Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose against the rouble on Monday, although it had pulled back…

  • Business
  • Economy

Aston Martin aims to hit adjusted profit, revenue targets by 2024-25, says FT

The Cheap InvestorJune 26, 2023June 26, 20230

(Reuters) -Aston Martin Lagonda has forecast it would hit targets of 500 million pounds ($635.85 million) in adjusted profit and…

  • Business
  • Economy

Oil prices inch higher after political turmoil in Russia

The Cheap InvestorJune 26, 2023June 26, 20230

By Shariq Khan BENGALURU (Reuters) -Oil prices rose slightly in choppy trading on Monday, as investors balanced concerns about global…

  • Business
  • Economy

KPMG to cut 5% of US jobs in fresh round of layoffs

The Cheap InvestorJune 26, 2023June 26, 20230

(Reuters) – KPMG is laying off 5% of its U.S. employees after feeling the pinch of “economic headwinds, coupled with…

  • Business
  • Economy

Bank of England to take Bank Rate to 5.50% over next two meetings: Reuters Poll

The Cheap InvestorJune 26, 2023June 26, 20230

By Jonathan Cable LONDON (Reuters) – The Bank of England will raise borrowing costs 50 basis points higher than was…

  • Africa
  • Europe

Wagner revolt in Russia clouds outlook for its operations in Africa

The Cheap InvestorJune 26, 2023June 26, 20230

By Tiemoko Diallo and Judicael Yongo BAMAKO/BANGUI (Reuters) – A revolt by the Wagner militia in Russia poses a diplomatic…

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