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Rio Tinto profit misses on iron ore price slump, cuts dividend

The Cheap InvestorJuly 26, 2023July 26, 20230

By Melanie Burton and Rishav Chatterjee MELBOURNE (Reuters) -Rio Tinto’s first-half underlying earnings fell to their lowest in three years…

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NEWSMAKER: NatWest’s Alison Rose, trail-blazing finance boss, bows out after Farage breach

The Cheap InvestorJuly 26, 2023July 26, 20230

By Sinead Cruise and Iain Withers LONDON (Reuters) – NatWest’s departing CEO Alison Rose until recently told colleagues she had…

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NY drug dealer sentenced in overdose death of ‘The Wire’ actor

The Cheap InvestorJuly 26, 2023July 26, 20230

By Rich McKay (Reuters) – The man who sold a fatal fentanyl-laced bag of heroin to actor Michael K. Williams,…

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Porsche’s EV sales target under threat from supply chain snags

The Cheap InvestorJuly 26, 2023July 26, 20230

By Victoria Waldersee BERLIN (Reuters) -Porsche AG warned on Wednesday that supply chain problems were hampering battery-electric vehicle (BEV) production…

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Israel’s enemies see opportunity in its crisis

The Cheap InvestorJuly 26, 2023July 26, 20230

By Parisa Hafezi, Laila Bassam and Nidal al-Mughrabi DUBAI (Reuters) -The crisis sweeping Israel has become a focal point for…

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Nissan seals Renault deal, now faces hard yards in China

The Cheap InvestorJuly 26, 2023July 26, 20230

By Daniel Leussink and Gilles Guillaume TOKYO/PARIS (Reuters) -Nissan will invest up to $663 million in Renault’s new electric vehicle…

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Euro zone lending slows further as rate hikes bite

The Cheap InvestorJuly 26, 2023July 26, 20230

FRANKFURT (Reuters) – Lending to euro zone companies slowed again last month, adding to already mounting evidence that sharply higher…

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Indonesia to make it less painful for exporters to keep earnings onshore -official

The Cheap InvestorJuly 26, 2023July 26, 20230

JAKARTA (Reuters) – Indonesia is developing a scheme for banks to provide a financing facility for exporters who keep their…

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Japan to maintain accommodative policy – govt official quotes BOJ’s Ueda

The Cheap InvestorJuly 26, 2023July 26, 20230

TOKYO (Reuters) – The Bank of Japan (BOJ) will maintain accommodative monetary conditions for companies, Governor Kazuo Ueda was quoted…

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Aston Martin races past second quarter expectations

The Cheap InvestorJuly 26, 2023July 26, 20230

By Yadarisa Shabong (Reuters) -British luxury carmaker Aston Martin’s second-quarter results beat market expectations on Wednesday, powered by higher prices…

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