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US restaurants set for second-half profit boost as costs ease, demand stays firm

The Cheap InvestorJuly 24, 2023July 24, 20230

By Deborah Mary Sophia (Reuters) – Restaurant chains including McDonald’s and Chipotle Mexican Grill are expected to report strong profits…

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J&J starts share exchange offer for consumer health spin-off Kenvue

The Cheap InvestorJuly 24, 2023July 24, 20230

(Reuters) -Johnson & Johnson said on Monday it had launched an exchange offer under which its stockholders can opt for…

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Smaller miners’ hunger for cash grows as copper prices fall, sparking M&A bets

The Cheap InvestorJuly 24, 2023July 24, 20230

By Divya Rajagopal and Melanie Burton TORONTO/SYDNEY – A fall in copper prices is having an outsized impact on small…

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Lyft considers options for bikes business after getting ‘strong interest’

The Cheap InvestorJuly 24, 2023July 24, 20230

(Reuters) -Lyft said on Monday it was exploring options for its bikes and scooters unit, including a sale or a…

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AMC files revised stock conversion settlement plan in court

The Cheap InvestorJuly 24, 2023July 24, 20230

(Reuters) -AMC Entertainment CEO Adam Aron said on Sunday the company filed a revised petition for a stock conversion plan…

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Ryanair cautious about winter travel after quarterly profit soars

The Cheap InvestorJuly 24, 2023July 24, 20230

By Padraic Halpin DUBLIN (Reuters) -Ryanair on Monday struck a cautious tone about travel demand for the rest of the…

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Factbox-Brokerages ramp up ECB rate hike bets on sticky inflation, hawkish policymakers

The Cheap InvestorJuly 24, 2023July 24, 20230

(Reuters) – Most brokerages expect two more 25-basis point rate hikes by the European Central Bank (ECB) as inflation remains…

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Israel’s main union to discuss declaring general strike

The Cheap InvestorJuly 24, 2023July 24, 20230

JERUSALEM (Reuters) – The head of Israel’s main public sector union said on Monday he would meet with other union…

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Hike and then?: Five questions for the ECB

The Cheap InvestorJuly 24, 2023July 24, 20230

By Naomi Rovnick, Stefano Rebaudo LONDON (Reuters) -The European Central Bank looks set to pull the rate-hike trigger on Thursday,…

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Sudan war enters 100th day as mediation attempts fail

The Cheap InvestorJuly 24, 2023July 24, 20230

(Reuters) -Clashes flared in parts of Sudan on the 100th day of the war on Sunday as mediation attempts by…

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