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No technical recession in euro zone as Eurostat revises up Q1 GDP

The Cheap InvestorJuly 20, 2023July 20, 20230

BRUSSELS (Reuters) – Euro zone gross domestic product was flat in the first three months of this year against the…

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UK antitrust regulator: We await new Microsoft proposal on Activision deal

The Cheap InvestorJuly 20, 2023July 20, 20230

LONDON (Reuters) – Britain’s antitrust regulator is waiting for Microsoft to submit a modified deal structure to buy “Call of…

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Wagner mercenaries train Belarus special forces near Polish border

The Cheap InvestorJuly 20, 2023July 20, 20230

By Guy Faulconbridge and Felix Light MOSCOW (Reuters) -Mercenaries from Russia’s Wagner Group have started to train Belarusian special forces…

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Philip Morris beats profit estimates on easing costs, smokeless products demand

The Cheap InvestorJuly 20, 2023July 20, 20230

(Reuters) -Philip Morris International beat analysts’ expectations for quarterly profit and raised the lower end of its annual earnings forecast,…

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Auto supplier Magna to invest $790 million to build three new facilities

The Cheap InvestorJuly 20, 2023July 20, 20230

(Reuters) – Canadian auto parts maker Magna International Inc said on Thursday it will invest $790 million to build three…

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KeyCorp second-quarter profit halves on higher loan loss provisions

The Cheap InvestorJuly 20, 2023July 20, 20230

(Reuters) – KeyCorp reported on Thursday a bigger-than-expected 50% fall in quarterly profit, as it set aside more rainy day…

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Snap-on’s profit beats Street estimates on healthy aftermarket business

The Cheap InvestorJuly 20, 20230

(Reuters) – Toolmaker Snap-on Inc beat Wall Street estimates for second-quarter profit on Thursday, powered by healthy demand for its…

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Fifth Third Bancorp tops profit estimates on strong interest income

The Cheap InvestorJuly 20, 2023July 20, 20230

(Reuters) – Fifth Third Bancorp on Thursday posted a better-than-expected second-quarter profit, as interest rate hikes by the U.S. central…

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D.R. Horton lifts annual revenue forecast on sturdy housing demand

The Cheap InvestorJuly 20, 2023July 20, 20230

(Reuters) – D.R. Horton Inc on Thursday raised its forecast for full-year revenue and homes closed, benefiting from strong demand…

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Thailand to hold vote on PM next week as Pita’s hopes fade

The Cheap InvestorJuly 20, 2023July 20, 20230

By Panarat Thepgumpanat and Chayut Setboonsarng BANGKOK (Reuters) – Thailand’s parliament will hold another vote for a prime minister next…

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