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Headlines

Turkey's Cenbank To Stand Pat After Fulfilling Erdogan's Call For Single Digits: Reuters Poll
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Turkey’s Cenbank To Stand Pat After Fulfilling Erdogan’s Call For Single Digits: Reuters Poll

The Cheap InvestorDecember 15, 20220

ISTANBUL (Reuters) – Turkey’s central bank is expected to keep its policy rate unchanged next week, a Reuters poll showed…

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Canada Certifies Embraer’s E2 Jets Ahead Of First Porter Airlines Delivery

The Cheap InvestorDecember 15, 20220

SAO PAULO (Reuters) – Brazilian planemaker Embraer SA said on Thursday that its E2 family of commercial jets has received…

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Foxconn to ease COVID-19 curbs in Chinese iPhone factory

The Cheap InvestorDecember 15, 2022December 15, 20220

HONG KONG (AP) — The company that assembles Apple Inc.’s iPhones has announced it is easing COVID-19 restrictions at its…

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Bank of England hikes interest rates again but softens pace

The Cheap InvestorDecember 15, 2022December 15, 20220

LONDON (AP) — Britain’s central bank on Thursday raised its key interest rate again but toned down the pace as…

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European Central Bank slows rate hikes but vows more ahead

The Cheap InvestorDecember 15, 2022December 15, 20220

FRANKFURT, Germany (AP) — The European Central Bank slowed its record pace of interest rate increases slightly Thursday but promised…

Lloyds Hires ING Tech Boss As Operations Head
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Lloyds Hires ING Tech Boss As Operations Head

The Cheap InvestorDecember 15, 20220

LONDON (Reuters) – Britain’s biggest domestic bank Lloyds has hired ING’s technology chief to run its operations, Lloyds said on…

Citi To Wind Down Consumer Banking In China, Affecting About 1,200 Staff
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Citi To Wind Down Consumer Banking In China, Affecting About 1,200 Staff

The Cheap InvestorDecember 15, 20220

By Xie Yu SINGAPORE (Reuters) -Citigroup Inc will wind down its consumer banking business in China in a move that…

H&M Shares Drop As Sept-Nov Sales Fail To Impress
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H&M Shares Drop As Sept-Nov Sales Fail To Impress

The Cheap InvestorDecember 15, 20220

By Stine Jacobsen COPENHAGEN (Reuters) -Shares in H&M, the world’s second-biggest fashion retailer, fell 4.5% in early Thursday trade as…

Fashion Retailer H&M's Sept-Nov Sales Beat Forecast
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Fashion Retailer H&M’s Sept-Nov Sales Beat Forecast

The Cheap InvestorDecember 15, 20220

By Stine Jacobsen COPENHAGEN (Reuters) -H&M, the world’s second-biggest fashion retailer, reported on Thursday a 10% increase year-on-year in September-November…

Hong Kong Central Bank Raises Rates After Fed Hike, HSBC Follows
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Hong Kong Central Bank Raises Rates After Fed Hike, HSBC Follows

The Cheap InvestorDecember 15, 20220

HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) said on Thursday it would raise its base rate charged through…

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