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Southwest Airlines warns of higher full-year costs, softer pricing

The Cheap InvestorJuly 27, 2023July 27, 20230

By Shivansh Tiwary (Reuters) -Southwest Airlines on Thursday warned of higher labor costs and softer pricing, fueling worries of a…

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Colombia state airline Satena plans $80 million investment to grow fleet

The Cheap InvestorJuly 27, 2023July 27, 20230

By Luis Jaime Acosta BOGOTA (Reuters) – Colombia’s state-owned airline Satena will invest $80 million to expand and modernize its…

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TotalEnergies defends price paid for German offshore wind lease

The Cheap InvestorJuly 27, 2023July 27, 20230

By America Hernandez PARIS (Reuters) – French energy company TotalEnergies does not believe it overpaid for a record-breaking German offshore…

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McDonald’s revenue growth to moderate as menu prices ease

The Cheap InvestorJuly 27, 2023July 27, 20230

By Deborah Mary Sophia and Kailyn Rhone (Reuters) -McDonald’s said on Thursday that revenue growth was expected to moderate in…

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Factbox-Moscow takes control over assets of Western companies

The Cheap InvestorJuly 27, 2023July 27, 20230

(Reuters) – President Vladimir Putin has signed decrees to take temporary control of assets belonging to some Western companies in…

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U.S. bank regulators unveil proposal to hike bank capital

The Cheap InvestorJuly 27, 2023July 27, 20230

WASHINGTON (Reuters) – U.S. bank regulators released a proposal Thursday that would direct the nation’s largest banks to raise their…

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Mercedes-Benz raises earnings outlook as supply snags ease

The Cheap InvestorJuly 27, 2023July 27, 20230

By Victoria Waldersee BERLIN (Reuters) – German automaker Mercedes-Benz raised its earnings forecast on stronger orders, an improved supply chain…

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Renault posts record H1 operating margin helped by higher priced new cars

The Cheap InvestorJuly 27, 2023July 27, 20230

By Victor Goury-Laffont and Gilles Guillaume (Reuters) – French car maker Renault on Thursday posted an operating margin of 7.6%…

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US pending home sales rise for first time since February

The Cheap InvestorJuly 27, 2023July 27, 20230

By Safiyah Riddle (Reuters) – Contracts to buy previously owned homes increased in June for the first time since February,…

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Ukraine sets key rate at 22% in first wartime cut

The Cheap InvestorJuly 27, 2023July 27, 20230

By Olena Harmash KYIV (Reuters) -Ukraine’s central bank lowered its key rate to 22% on Thursday, announcing its first wartime…

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