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PepsiCo lifts annual forecasts again on price hikes, steady demand

The Cheap InvestorJuly 13, 2023July 13, 20230

By Ananya Mariam Rajesh (Reuters) – PepsiCo Inc on Thursday raised its annual revenue and profit forecasts for the second…

  • Asia
  • Economy

Germany’s China strategy is vocal on risks but short on policy

The Cheap InvestorJuly 13, 2023July 13, 20230

By Sarah Marsh and Andreas Rinke BERLIN (Reuters) -Germany on Thursday published its first and long-awaited China strategy which was…

  • Business
  • Economy

ECB policymakers open to further rate hikes past July

The Cheap InvestorJuly 13, 2023July 13, 20230

FRANKFURT (Reuters) -The European Central Bank may need to continue raising interest rates beyond this month to bring inflation back…

  • Business
  • Economy

US producer prices barely rise in June; core PPI subsides

The Cheap InvestorJuly 13, 2023July 13, 20230

WASHINGTON (Reuters) – U.S. producer prices barely rose in June and the annual increase in producer inflation was the smallest…

  • Africa
  • Europe

Egypt president, Ethiopia PM aiming to finalize dam agreement within four months

The Cheap InvestorJuly 13, 2023July 13, 20230

DUBAI (Reuters) -Egyptian President Abdel Fattah al-Sisi and Ethiopian Prime Minister Abiy Ahmed on Thursday agreed on initiating urgent negotiations…

  • Africa
  • Asia

EM portfolios see $22 billion foreign inflow in June -IIF

The Cheap InvestorJuly 13, 2023July 13, 20230

NEW YORK (Reuters) – Foreigners funneled over $22 billion net into emerging market portfolios in June, the largest amount since…

  • Asia
  • Business

Factbox-Germany unveils strategy on China, trade partner and rival

The Cheap InvestorJuly 13, 2023July 13, 20230

(Reuters) – Germany on Thursday passed its long-awaited China strategy after months of wrangling within Chancellor Olaf Scholz’s three-way coalition…

  • Europe
  • Health

How aspartame made the agenda of the WHO’s cancer research arm

The Cheap InvestorJuly 13, 2023July 13, 20230

By Jennifer Rigby LONDON (Reuters) – The imminent move to label aspartame as a possible carcinogen comes after years of…

  • Business
  • Economy

Cinepolis exec Eduardo Acuna to become Cineworld CEO

The Cheap InvestorJuly 13, 2023July 13, 20230

(Reuters) – Cineworld Group said on Thursday Eduardo Acuna, who runs the Americas operations of Mexican theatre operator Cinepolis, will…

  • Business
  • Economy

UK food price inflation to be 9% in December, industry researcher cautions

The Cheap InvestorJuly 13, 2023July 13, 20230

LONDON (Reuters) – Food price inflation in Britain will decline through the balance of 2023 but will still be about…

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