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Shell, Equinor profits beat forecasts as trading offsets lower energy prices

The Cheap InvestorMay 4, 2023May 4, 20230

By Ron Bousso, Shadia Nasralla and Nerijus Adomaitis LONDON/OSLO (Reuters) – Energy giants Shell and Equinor reported higher-than-expected first-quarter profits…

  • Asia
  • Business

German exports fall significantly more than expected in March

The Cheap InvestorMay 4, 2023May 4, 20230

By Maria Martinez (Reuters) – German exports fell significantly more than expected in March, as deliveries to the United States…

  • Business
  • Economy

Marketmind: Next up ECB: Will it be a hawkish 25 or dovish 50?

The Cheap InvestorMay 4, 2023May 4, 20230

A look at the day ahead in European and global markets from Vidya Ranganathan. The spotlight moves swiftly from the…

  • Asia
  • Business

HSBC to raise Hong Kong best lending rate to 5.75%

The Cheap InvestorMay 4, 2023May 4, 20230

HONG KONG (Reuters) – HSBC will raise its Hong Kong dollar best lending rate from 5.625% to 5.75% with effect…

  • Asia
  • Business

Oklahoma Gov. Stitt sees growing foreign interest in investments in state

The Cheap InvestorMay 3, 2023May 3, 20230

By Andrea Shalal WASHINGTON (Reuters) – Oklahoma is seeing a sharp increase in foreign investment interest, especially in its renewable…

  • Business
  • Economy

Joby Aviation to get investment from Tesla shareholder Baillie Gifford

The Cheap InvestorMay 3, 2023May 3, 20230

(Reuters) – British investment management firm Baillie Gifford will invest $180 million in electric aircraft maker Joby Aviation, they said…

  • Asia
  • Australia

Dollar holds losses after Fed hikes, signals pause

The Cheap InvestorMay 3, 2023May 3, 20230

By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after the Federal Reserve raised interest rates by…

  • Business
  • Economy

Adobe’s $20 billion Figma buyout deal under UK competition watchdog scanner

The Cheap InvestorMay 3, 2023May 3, 20230

(Reuters) – Britain’s competition watchdog said on Wednesday it was looking into Adobe Inc’s $20 billion buyout deal for cloud-based…

  • Business
  • Economy

Leonardo posts lower Q1 profits and earnings, but orders rise

The Cheap InvestorMay 3, 2023May 3, 20230

ROME (Reuters) – Italy’s state-controlled defence and aerospace group Leonardo on Wednesday posted lower first-quarter profits and earnings, but reported…

  • Business
  • Economy

Cucumbers and cheese top Britain’s inflation charts

The Cheap InvestorMay 3, 2023May 3, 20230

By David Milliken LONDON (Reuters) – Cucumbers, olive oil and cheese topped Britain’s inflation chart in March, while traditional fish…

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