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Billionaire investor Ackman says he is shorting 30-year Treasuries

The Cheap InvestorAugust 2, 2023August 2, 20230

By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire investor William Ackman on Wednesday said his hedge fund Pershing Square Capital…

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RBI intervention to keep Indian rupee in a tight range, analysts say – Reuters poll

The Cheap InvestorAugust 2, 2023August 2, 20230

By Milounee Purohit and Anant Chandak BENGALURU (Reuters) – The Indian rupee will trade in a narrow range over the…

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Exclusive-Mongolia to deepen cooperation with US on rare earths, PM says on Washington visit

The Cheap InvestorAugust 2, 2023August 2, 20230

By Simon Lewis and David Brunnstrom WASHINGTON (Reuters) – Mongolia will deepen cooperation with Washington to mine rare earths, the…

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Australia retail sales extend losing stretch to a third quarter

The Cheap InvestorAugust 2, 2023August 2, 20230

By Wayne Cole SYDNEY (Reuters) -Australian retail sales volumes fell again in the June quarter as cost of living pressures…

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MercadoLibre’s Q2 profit doubles on higher sales volume, user growth

The Cheap InvestorAugust 2, 2023August 2, 20230

SAO PAULO (Reuters) -South American e-commerce giant MercadoLibre reported a 113% rise in its second-quarter net income on Wednesday to…

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China’s July services activity expands at quicker pace – Caixin PMI

The Cheap InvestorAugust 2, 2023August 2, 20230

BEIJING (Reuters) – China’s services activity expanded at a slightly faster pace in July, supported by a jump in business…

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Mitsubishi UFJ to invest $936 million in U.S. Bancorp

The Cheap InvestorAugust 2, 2023August 2, 20230

By Makiko Yamazaki TOKYO (Reuters) -Mitsubishi UFJ Financial Group (MUFG) said on Thursday it would invest $936 million in U.S….

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Pope, in Portugal to rally young Catholics, says Church needs purification

The Cheap InvestorAugust 2, 2023August 2, 20230

By Philip Pullella, Catarina Demony and Patricia Vicente Rua LISBON (Reuters) -Pope Francis on Wednesday said the Catholic Church needs…

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Trump legal risks deepen with charges of plot to reverse 2020 election

The Cheap InvestorAugust 2, 2023August 2, 20230

By Sarah N. Lynch and Jacqueline Thomsen WASHINGTON (Reuters) -U.S. efforts to hold Donald Trump criminally responsible in a plot…

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Irish service growth remains robust, inflation pressures ease-PMI

The Cheap InvestorAugust 2, 2023August 2, 20230

DUBLIN (Reuters) – Irish service sector growth remained robust in July amid a strengthening in business sentiment and a slight…

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