Uncategorized Rolls-Royce leaps as airline and defence demand lifts profits The Cheap InvestorJuly 26, 2023July 26, 20230 By Paul Sandle and Sarah Young LONDON (Reuters) – Aero-engineer Rolls-Royce hiked its full-year operating profit forecast by around 45%…
Uncategorized Evergrande EV unit reports about $10 billion loss for 2021, 2022 The Cheap InvestorJuly 26, 2023July 26, 20230 (Reuters) -China Evergrande New Energy Vehicle Group reported a combined net loss of 71.12 billion yuan ($9.95 billion) for 2021…
Uncategorized Coca-Cola raises annual forecasts as demand unaffected by price hikes The Cheap InvestorJuly 26, 2023July 26, 20230 By Ananya Mariam Rajesh (Reuters) -Coca-Cola Co raised its annual revenue and profit forecasts after beating quarterly results on the…
Uncategorized Samsung unveils new foldable phones to challenge Apple’s premium dominance The Cheap InvestorJuly 26, 2023July 26, 20230 By Joyce Lee SEOUL (Reuters) – Samsung Electronics unveiled its latest foldable smartphones on Wednesday, keeping prices around the same…
Uncategorized US charges British billionaire Joe Lewis with insider trading The Cheap InvestorJuly 26, 2023July 26, 20230 By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -The British billionaire Joe Lewis has been criminally charged in New…
Uncategorized Union Pacific appoints former executive Jim Vena as CEO The Cheap InvestorJuly 26, 2023July 26, 20230 Union Pacific Corp on Wednesday named former chief operating officer Jim Vena as its top boss, months after CEO Lance…
Uncategorized Binance withdraws application for crypto license in Germany The Cheap InvestorJuly 26, 2023July 26, 20230 (Reuters) -Binance has withdrawn its application for a crypto license in Germany, suggesting the world’s biggest cryptocurrency exchange is rethinking…
Uncategorized Limited support for central bank digital currencies in global investment industry survey The Cheap InvestorJuly 26, 2023July 26, 20230 By Marc Jones LONDON (Reuters) – The most comprehensive survey of the global investment industry on central bank digital currencies…
Uncategorized Stellantis CEO says Tesla margins hurt as EV maker faces reality check The Cheap InvestorJuly 26, 2023July 26, 20230 MILAN (Reuters) – Stellantis head Carlos Tavares said on Wednesday that the profitability of Tesla was declining as the rival…
Uncategorized Nissan roughly doubles first-quarter profit, lifts outlook The Cheap InvestorJuly 26, 2023July 26, 20230 TOKYO (Reuters) – Japan’s Nissan Motor roughly doubled its first-quarter profit on Wednesday, boosted by higher production and sales in…