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Gap To Lay Off About 1,800 Employees In Second Round Of Job Cuts
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Gap To Lay Off About 1,800 Employees In Second Round Of Job Cuts

The Cheap InvestorApril 27, 20230

(Reuters) -Gap Inc said on Thursday it would cut about 1,800 jobs in a second round of layoffs, joining a…

Russian Rouble Steadies On Eve Of Central Bank Rate Decision
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Russian Rouble Steadies On Eve Of Central Bank Rate Decision

The Cheap InvestorApril 27, 20230

By Alexander Marrow (Reuters) – The rouble steadied on Thursday, with the market looking ahead to Friday’s interest rate decision,…

Caterpillar's Profit Rises On Resilient Demand But May Have 'peaked Out'
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Caterpillar’s Profit Rises On Resilient Demand But May Have ‘peaked Out’

The Cheap InvestorApril 27, 20230

By Bianca Flowers and Aishwarya Nair (Reuters) – Heavy machinery maker Caterpillar Inc topped Wall Street expectations with a 31%…

AbbVie Raises As Humira Demand Holds Steady
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AbbVie Raises As Humira Demand Holds Steady

The Cheap InvestorApril 27, 20230

(Reuters) – AbbVie Inc on Thursday raised its 2023 profit forecast on a less-than-feared hit to U.S. sales of arthritis…

Oil Prices Stabilise After Hefty Losses
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Oil Prices Stabilise After Hefty Losses

The Cheap InvestorApril 27, 20230

By Rowena Edwards LONDON (Reuters) – Oil prices were steady on Thursday after a price drop the previous day reversed…

Spain's Acerinox Tops Profit Forecast On U.S. Demand
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Spain’s Acerinox Tops Profit Forecast On U.S. Demand

The Cheap InvestorApril 27, 20230

By Matteo Allievi and Natalia Siniawski (Reuters) – Spanish steelmaker Acerinox beat first quarter net profit expectations on Thursday, driven…

Allegations Against Former Barclays CEO Staley 'very Serious' - CEO
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Allegations Against Former Barclays CEO Staley ‘very Serious’ – CEO

The Cheap InvestorApril 27, 20230

By Lawrence White LONDON (Reuters) – Allegations made against British bank Barclays’ former CEO Jes Staley regarding his ties with…

UK Watchdog Defends Microsoft Block In Face Of Onslaught From Companies
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UK Watchdog Defends Microsoft Block In Face Of Onslaught From Companies

The Cheap InvestorApril 27, 20230

LONDON (Reuters) – The boss of Britain’s antitrust regulator said blocking Microsoft’s acquisition of ‘Call of Duty’ maker Activision Blizzard…

Barclays Beats Profit Expectations On Credit Card Boom
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Barclays Beats Profit Expectations On Credit Card Boom

The Cheap InvestorApril 27, 20230

By Lawrence White and Iain Withers LONDON (Reuters) -Barclays reported better than expected first-quarter profit on Thursday after a strong…

Toyota Edges Past 9.1 Million Vehicle Output Goal, Warns Chip Shortage Lingering
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Toyota Edges Past 9.1 Million Vehicle Output Goal, Warns Chip Shortage Lingering

The Cheap InvestorApril 27, 20230

TOKYO (Reuters) – Japan’s Toyota Motor Corp set a global annual output record in the business year ended in March,…

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