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Wall St closes up, regains ground as US inflation report nears

The Cheap InvestorAugust 7, 2023August 7, 20230

By David French (Reuters) – U.S. stocks finished higher on Monday, regaining some of the ground lost last week, as…

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Profits for Brazil’s Itau Unibanco up 14%, beat expectations

The Cheap InvestorAugust 7, 2023August 7, 20230

By Peter Frontini SAO PAULO (Reuters) -Brazilian lender Itau Unibanco reported a 14% increase in second-quarter net profit from a…

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Rainy July hurts UK retailers: spending growth slowest in 11 months

The Cheap InvestorAugust 7, 2023August 7, 20230

LONDON (Reuters) – British retailers suffered from heavy rain in July on top of the impact of high inflation with…

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Judge puts US, New York predatory lending lawsuit against Credit Acceptance on hold

The Cheap InvestorAugust 7, 2023August 7, 20230

By Jonathan Stempel NEW YORK (Reuters) – A federal judge on Monday put on hold a predatory lending lawsuit against…

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West African leaders to meet on Niger after junta defies deadline

The Cheap InvestorAugust 7, 2023August 7, 20230

By Abdel-Kader Mazou and Boureima Balima NIAMEY (Reuters) -West African leaders scheduled a summit for Thursday to discuss the Niger…

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U.S. to send Kyiv first $200 million of arms freed by $6.2 billion ‘accounting error’

The Cheap InvestorAugust 7, 2023August 7, 20230

By Mike Stone WASHINGTON (Reuters) – President Joe Biden’s administration will announce $200 million of new weapons aid for Ukraine…

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Reserve Bank of New Zealand: stress test shows life insurers can withstand shocks

The Cheap InvestorAugust 7, 2023August 7, 20230

By Lucy Craymer WELLINGTON (Reuters) – Reserve Bank of New Zealand said on Tuesday that its first life insurance industry…

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EV firm Proterra files for Chapter 11 bankruptcy protection

The Cheap InvestorAugust 7, 2023August 7, 20230

(Reuters) -Electric-vehicle parts supplier Proterra filed for Chapter 11 bankruptcy protection on Monday, making it the latest company to go…

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Paramount to sell Simon & Schuster to KKR for $1.62 billion

The Cheap InvestorAugust 7, 2023August 7, 20230

By Samrhitha A and Dawn Chmielewski (Reuters) -Paramount Global said it would sell Simon & Schuster to private-equity firm KKR…

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More big corporate settlements coming, says departing U.S. Justice Dept official

The Cheap InvestorAugust 7, 2023August 7, 20230

By Sarah N. Lynch WASHINGTON (Reuters) – As Kenneth Polite steps down this month as the head of the U.S….

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