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Sharp Chinese rebound powers LVMH sales growth in second quarter

The Cheap InvestorJuly 25, 2023July 25, 20230

By Mimosa Spencer PARIS (Reuters) -Sales at the world’s top luxury group LVMH rose by 17% in the second quarter,…

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For migrants, the Darien Gap is hell; for adventure tourists, it’s a magnet

The Cheap InvestorJuly 25, 2023July 25, 20230

By Laura Gottesdiener and Daina Beth Solomon MEXICO CITY (Reuters) – Deep in the Panamanian jungle, Venezuelan migrant Franca Ramirez…

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Lower production in Europe hits global steel output

The Cheap InvestorJuly 25, 2023July 25, 20230

LONDON (Reuters) – Global crude steel production fell 1.1% year on year to 943.9 million metric tons in the first…

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Protests rock Israel as it passes curbs on some Supreme Court powers

The Cheap InvestorJuly 25, 2023July 25, 20230

By Ari Rabinovitch JERUSALEM (Reuters) -Israel’s parliament on Monday ratified the first bill of a judicial overhaul sought by Prime…

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Congressional Democrats call on Biden for workplace heat safety steps

The Cheap InvestorJuly 25, 2023July 25, 20230

By Josephine Walker WASHINGTON (Reuters) – A group of 112 Democratic members of Congress on Monday called on U.S. President…

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Amazon lowers iRobot deal price by 15% after Roomba maker incurs fresh debt

The Cheap InvestorJuly 25, 2023July 25, 20230

(Reuters) -Amazon.com has slashed the price it will pay for iRobot by about 15% to around $1.42 billion after the…

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RV industry steers through post-pandemic US slump

The Cheap InvestorJuly 25, 2023July 25, 20230

By Timothy Aeppel (Reuters) – The U.S. economy may ultimately skirt a recession, but it’s felt like one for months…

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US oil M&A jumps as private equity unloads shale assets

The Cheap InvestorJuly 25, 2023July 25, 20230

By Gary McWilliams HOUSTON (Reuters) – U.S. oil and gas deals rebounded in the second quarter as private equity firms…

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Bank of England forecasts 150 billion pound loss from QE gilt programme

The Cheap InvestorJuly 25, 2023July 25, 20230

By David Milliken LONDON (Reuters) – The Bank of England forecast on Tuesday that it would make a net loss…

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Goodyear Tire to expand board in settlement with Elliott

The Cheap InvestorJuly 25, 2023July 25, 20230

(Reuters) -Goodyear Tire & Rubber Co said it would add three directors in agreement with Elliott Investment Management, months after…

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