BusinessEconomy Russian clothing brands plug gap left by Western rivals The Cheap InvestorJune 1, 2023June 1, 20230 By Roman Churikov MOSCOW (Reuters) – Russian designers and brands are helping the retail sector gradually recover from a turbulent…
AsiaBusiness Nvidia runaway winner in market cap addition in May The Cheap InvestorJune 1, 2023June 1, 20230 (Reuters) – Nvidia Corp’s market capitalisation jumped the most in May among the top 20 global companies by market value,…
BusinessEconomy Investors relieved after US House votes to suspend debt ceiling; focus turns to Senate The Cheap InvestorJune 1, 2023June 1, 20230 By Caroline Valetkevitch (Reuters) – Investors gave a muted welcome to the U.S. House of Representatives passing a bill that…
BusinessEconomy SNB defends raising rates, says not to blame for Credit Suisse failure The Cheap InvestorJune 1, 2023June 1, 20230 (This May 31 story has been corrected to clarify that Jordan’s comment referred to another bank and not Credit Suisse,…
BusinessEconomy Germany bids to rebuild Berlin’s buzz for startups The Cheap InvestorJune 1, 2023June 1, 20230 By Maria Martinez BERLIN (Reuters) – Rising rents, less venture capital and a shortage of talent are taking the shine…
BusinessEconomy G20 watchdog to study Silicon Valley Bank, Credit Suisse turmoil The Cheap InvestorJune 1, 2023June 1, 20230 By Huw Jones LONDON (Reuters) – How rules are applied to banks and the calculation of their liquidity buffers should…
Economy Japan to issue new bonds aimed at supporting child care – PM Kishida The Cheap InvestorJune 1, 2023June 1, 20230 By Tetsushi Kajimoto TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida said on Thursday that the government would issue special bonds…
BusinessUS Southwest Airlines forecasts strong full-year profit The Cheap InvestorJune 1, 2023June 1, 20230 (Reuters) -Southwest Airlines Co said on Thursday it continues to expect a strong adjusted profit for the full year as…
AsiaBusiness Boeing CEO ‘not overly anxious’ about Chinese narrowbody jet The Cheap InvestorJune 1, 2023June 1, 20230 By Valerie Insinna CHARLESTON, South Carolina (Reuters) – Boeing Co CEO Dave Calhoun downplayed speculation that China’s maiden commercial flight…
AsiaBusiness Japan’s Hitachi Astemo appoints Honda veteran as next CEO The Cheap InvestorJune 1, 2023June 1, 20230 TOKYO (Reuters) – Japan’s Hitachi Astemo said on Thursday an auto industry veteran will take over as top executive from…